Komori
Earnings4151Kyowa Kirin Co.,Ltd.Pharmaceuticals

Summary of Consolidated Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026 (IFRS)

In the 2026 interim period, revenue increased 14.3% year on year and core operating profit rose 79.6%, resulting in higher revenue and higher profit. The full-year earnings forecast and annual dividend forecast remain unchanged.

Worth reading
47Recurring
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
79.6
% (year-on-year change in core operating profit)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 January 2026–30 June 2026ConsolidatedIFRS
Net Sales263,629¥ millionYear on year +14.3%Progress 50.7%
Operating profit66,149¥ million (core operating profit)Year on year +79.6%Progress 50.9%
Ordinary income37,465Millions of yen (interim profit before tax)Year on year +70.5%
Net income attributable to owners of the parent30,618¥ millionYear on year +87.6%

The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.

Net income per share¥58.48
Financial position at period-end
Total assets1,130,944¥ million
of which net assets 916,165 ¥ millionEquity ratio 81.0%vs. prior year-end +0.4pt

塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.

Cash inflows and outflows
Operating+81,334
Investment-17,555
Financials-18,763
Net change+45,016

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.

Cash and cash equivalents at end of period¥265,083 million
Regional sales
Japan54910.4%-5.9%
North America1,03319.6%+16.8%
EMEA4338.2%+17.0%
Other62111.8%+32.5%
Total revenue2,63650.0%+14.3%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥520,000 million (YoY +4.7%)
Operating profit¥130,000 million (core operating profit) (YoY +18.4%)
Ordinary income¥95,000 million (profit before tax) (YoY +8.9%)
Net income75,000 Millions of yen (profit for the period) (YoY +11.9%)
Revision to Earnings ForecastNone (no revision)
Annual Dividend Forecast¥62.00 → ¥70.00
Factors Behind Changes in Business Performance

Growth in globally strategic products, mainly in North America and EMEA, higher technology income, a ¥12.6 billion positive impact on revenue from foreign exchange, higher gross profit, lower research and development expenses, and a ¥5.6 billion positive impact on core operating profit from foreign exchange.

Disclosure regarding the going concern assumption

No applicable matters.

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 Yes修正再表示 Not disclosed
Changes in the scope of consolidationNew Not disclosed / Excluded Number of companies 1 / Company name Orchard Therapeutics Limited
Impairment loss¥5,556 million
Depreciation and amortization¥15,420 million (depreciation and amortization)
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and securities analysts)
Issued Shares at Period-End525,634,500 Shares
Treasury Shares at Period-End2,048,889 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsIFRS
Consolidated / non-consolidatedConsolidated
Period Covered1 January 2026–30 June 2026
Net Sales¥263,629 million (YoY +14.3%)
Operating profit¥66,149 million (core operating profit) (YoY +79.6%)
Ordinary income37,465 Millions of yen (interim profit before tax) (YoY +70.5%)
Profit attributable to owners of the parent¥30,618 million (YoY +87.6%)
Net income per share¥58.48
Equity ratioEnd of the current fiscal period 81 / End of previous period 80.6
Total assets¥1,130,944 million
Net assets¥916,165 million (total equity)
Cash flows from operating activities¥81,334 million
Cash flows from investing activities¥-17,555 million
Cash flows from financing activities¥-18,763 million
Cash and cash equivalents at end of period¥265,083 million
Full-year earnings forecastNet Sales ¥520,000 million (YoY +4.7%) / Operating profit ¥130,000 million (core operating profit) (YoY +18.4%) / Ordinary income ¥95,000 million (profit before tax) (YoY +8.9%) / Net income 75,000 Millions of yen (profit for the period) (YoY +11.9%)
Revision to Earnings ForecastNone (no revision)
Annual Dividend Forecast¥62.00 → ¥70.00
Regional salesJapan ¥549 million (YoY -5.9%) / North America ¥1,033 million (YoY +16.8%) / EMEA ¥433 million (YoY +17.0%) / Other ¥621 million (YoY +32.5%) / Total revenue ¥2,636 million (YoY +14.3%)
Depreciation and amortization¥15,420 million (depreciation and amortization)
Impairment loss¥5,556 million
Disclosure regarding the going concern assumptionNo applicable matters.
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate Yes / Restatement Not disclosed
Changes in the scope of consolidationNew Not disclosed / Excluded Number of companies 1 / Company name Orchard Therapeutics Limited
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and securities analysts)
Issued Shares at Period-End525,634,500 Shares
Treasury Shares at Period-End2,048,889 Shares
Factors Behind Changes in Business PerformanceGrowth in globally strategic products, mainly in North America and EMEA, higher technology income, a ¥12.6 billion positive impact on revenue from foreign exchange, higher gross profit, lower research and development expenses, and a ¥5.6 billion positive impact on core operating profit from foreign exchange.
Items this document does not state (8)
Operating MarginPayout ratioShareholder Return PolicySegment revenueSegment profitOrders received and order backlogBreakdown of extraordinary income (loss)Material subsequent events

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

Revenue increased due to growth in globally strategic products, mainly in North America and EMEA, higher technology income, and foreign exchange effects. Core operating profit increased due to higher gross profit and lower research and development expenses.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Summary of Consolidated Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026 (IFRS) | Kyowa Kirin Co.,Ltd. (4151) timely disclosure | Komori