What was corrected and how
A subsequent correction by the company to the contents of an already published filing.
Table of revised fiscal 2025 forecasts (revenue, cost of sales, selling, general and administrative expenses, profit sharing for DXd ADC products, other selling, general and administrative expenses, research and development expenses, core operating profit, one-time income, one-time expenses, operating profit, profit before tax, profit for the year attributable to owners of the parent, and exchange rates)
Revenue ¥2.1 trillion / Cost of sales ¥460 billion / Selling, general and administrative expenses ¥830 billion / Profit sharing for DXd ADC products ¥300 billion / Other selling, general and administrative expenses ¥530 billion / Research and development costs ¥460 billion / Core operating profit ¥350 billion / One-time income ¥5 billion / One-time expenses ¥20 billion / Operating profit ¥335 billion / Profit before tax ¥355 billion / Profit for the year attributable to owners of the parent ¥288 billion / Exchange rate USD/yen 148.02 / EUR/yen 169.03
Revenue ¥2.123 trillion / Cost of sales ¥441 billion / Selling, general and administrative expenses ¥861 billion / Profit sharing for DXd ADC products ¥306 billion / Other selling, general and administrative expenses ¥554 billion / Research and development costs ¥462 billion / Core operating profit ¥360 billion / One-time income ¥22 billion / One-time expenses ¥153 billion / Operating profit ¥229 billion / Profit before tax ¥264 billion / Profit for the year attributable to owners of the parent ¥260.0 billion / Exchange rate USD/yen 150.78 / EUR/yen 174.79
Operating profit will decrease by ¥106 billion, from ¥335 billion to ¥229 billion. Profit before tax will decrease by ¥91 billion, from ¥355 billion to ¥264 billion, and profit for the year attributable to owners of the parent will decrease by ¥28 billion, from ¥288 billion to ¥260 billion. The full-year dividend forecast for fiscal 2025 remains unchanged at ¥78 per share.
A discrepancy arose between the new supply plan and the minimum purchase obligation to the CMO, and the currently estimated amount of loss compensation to the CMO for the short-term discrepancy was recorded as a one-time expense for fiscal 2025. An impairment loss on ADC-related capital expenditures at the Odawara Plant, compensation payments and other items were also recorded.
| Item | Details |
|---|---|
| Location of correction | Table of revised fiscal 2025 forecasts (revenue, cost of sales, selling, general and administrative expenses, profit sharing for DXd ADC products, other selling, general and administrative expenses, research and development expenses, core operating profit, one-time income, one-time expenses, operating profit, profit before tax, profit for the year attributable to owners of the parent, and exchange rates) |
| Details of correction | Revenue ¥2.1 trillion / Cost of sales ¥460 billion / Selling, general and administrative expenses ¥830 billion / Profit sharing for DXd ADC products ¥300 billion / Other selling, general and administrative expenses ¥530 billion / Research and development costs ¥460 billion / Core operating profit ¥350 billion / One-time income ¥5 billion / One-time expenses ¥20 billion / Operating profit ¥335 billion / Profit before tax ¥355 billion / Profit for the year attributable to owners of the parent ¥288 billion / Exchange rate USD/yen 148.02 / EUR/yen 169.03 → Revenue ¥2.123 trillion / Cost of sales ¥441 billion / Selling, general and administrative expenses ¥861 billion / Profit sharing for DXd ADC products ¥306 billion / Other selling, general and administrative expenses ¥554 billion / Research and development costs ¥462 billion / Core operating profit ¥360 billion / One-time income ¥22 billion / One-time expenses ¥153 billion / Operating profit ¥229 billion / Profit before tax ¥264 billion / Profit for the year attributable to owners of the parent ¥260.0 billion / Exchange rate USD/yen 150.78 / EUR/yen 174.79 |
| Reason for correction | A discrepancy arose between the new supply plan and the minimum purchase obligation to the CMO, and the currently estimated amount of loss compensation to the CMO for the short-term discrepancy was recorded as a one-time expense for fiscal 2025. An impairment loss on ADC-related capital expenditures at the Odawara Plant, compensation payments and other items were also recorded. |
| Impact on Business Performance | Operating profit will decrease by ¥106 billion, from ¥335 billion to ¥229 billion. Profit before tax will decrease by ¥91 billion, from ¥355 billion to ¥264 billion, and profit for the year attributable to owners of the parent will decrease by ¥28 billion, from ¥288 billion to ¥260 billion. The full-year dividend forecast for fiscal 2025 remains unchanged at ¥78 per share. |
Items this document does not state (2)
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.A discrepancy arose between the new supply plan and the minimum purchase obligation to the CMO. The currently estimated amount of loss compensation to the CMO for the short-term discrepancy was recorded as a one-time expense. The impairment loss on ADC-related capital expenditures at the Odawara Plant, compensation payments and other items are also included in one-time expenses.