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Revision of earnings forecasts4507Shionogi & Co.,Ltd.Pharmaceuticals

Summary of Financial Results for the Fiscal Year Ending March 2026 [IFRS] (Consolidated)

The company announced its consolidated results for the fiscal year ended March 2026 and newly presented forecasts for the fiscal year ending March 2027, including revenue of ¥700.0 billion, operating profit of ¥220.0 billion and profit for the year attributable to owners of the parent of ¥210.0 billion. Revenue, operating profit and profit for the year are expected to increase, while profit before tax is expected to decline. The annual dividend forecast is ¥76.

Worth reading
75Important
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
700000
¥ million
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Six months and full year
Net Sales—→—million
—
Operating profit—→—million
—
Profit attributable to owners of the parent—→—million
—
Net income per share—→—yen
—

The bar length represents the relative magnitude of change, based on the item that changed the most in this document.

Reason for the revision

In the domestic business, growth in the product portfolio of 鳥居薬品 and new products is expected to contribute. In the overseas business, the company expects contributions from cefiderocol and the newly acquired Radicava business, while royalty revenue is expected to benefit from income related to ViiV and the former JT pharmaceutical business. Selling, general and administrative expenses, amortization associated with M&A, and R&D expenses are expected to increase, but revenue is expected to increase by more than these costs.

Details and amount of extraordinary loss

Impairment losses and reversal of impairment losses (△ indicates a gain): ¥35,040 million

Previous-period resultsRevenue: ¥438,268 million; operating profit: ¥156,603 million; profit before tax: ¥200,750 million; profit for the year attributable to owners of the parent: ¥170,435 million; basic earnings per share: ¥200.36
Dividend forecast revisionThe annual dividend forecast for the fiscal year ending March 2027 is ¥76.00 (¥38.00 at the end of the second quarter and ¥38.00 at fiscal year-end)
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net SalesNot disclosed → Cumulative second-quarter results 340,000 / Full year 700,000(Cumulative second-quarter results 59.7% / Full year 40.1%)
Operating profitNot disclosed → Cumulative second-quarter results 96,000 / Full year 220,000(Cumulative second-quarter results 28.4% / Full year 32.0%)
Profit attributable to owners of the parentNot disclosed → Cumulative second-quarter results 108,000 / Full year 210,000(Cumulative second-quarter results 29.3% / Full year 2.4%)
Net income per shareNot disclosed → Cumulative second-quarter results 126.91 / Full year 246.79
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredSix months and full year
Previous-period resultsRevenue: ¥438,268 million; operating profit: ¥156,603 million; profit before tax: ¥200,750 million; profit for the year attributable to owners of the parent: ¥170,435 million; basic earnings per share: ¥200.36
Reason for the revisionIn the domestic business, growth in the product portfolio of 鳥居薬品 and new products is expected to contribute. In the overseas business, the company expects contributions from cefiderocol and the newly acquired Radicava business, while royalty revenue is expected to benefit from income related to ViiV and the former JT pharmaceutical business. Selling, general and administrative expenses, amortization associated with M&A, and R&D expenses are expected to increase, but revenue is expected to increase by more than these costs.
Details and amount of extraordinary lossImpairment losses and reversal of impairment losses (△ indicates a gain): ¥35,040 million
Dividend forecast revisionThe annual dividend forecast for the fiscal year ending March 2027 is ¥76.00 (¥38.00 at the end of the second quarter and ¥38.00 at fiscal year-end)
Consolidated / non-consolidatedConsolidated
Items this document does not state (2)
Ordinary incomePublication date of previous forecast

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.

In Japan, revenue growth is expected to be driven by the product portfolio of 鳥居薬品 and new products such as Quviviq and ザスベイ. Overseas, cefiderocol and the newly acquired edaravone business are expected to contribute, while royalty revenue is expected to benefit from income related to ViiV and the former JT pharmaceutical business. Expenses are also expected to increase due to the integration with 鳥居薬品, efforts to maximize the value of the Radicava business, higher amortization associated with M&A, and R&D investment in the acquired development products, but revenue is expected to increase by more than these expenses.

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Summary of Financial Results for the Fiscal Year Ending March 2026 [IFRS] (Consolidated) | Shionogi & Co.,Ltd. (4507) timely disclosure | Komori