Intensifying Competition in the Pharmaceutical Industry
First written in FY2017. 2 of 5 entries say "Restated". Latest entry: 2026-05-12.
KYORIN Pharmaceutical moved to the "Worse" side of this theme in 2024, 5 years after the typical company in this theme (2019).
The whole theme swung hardest in 2022: 5 of 10 companies on the "Worse" side.
3 other companies' latest entry also says "Worsened".
- 2026-05-12WorsenedFinancial results briefing materials
「We anticipate lower revenue due to lower Desalex sales following generic drug entry, among other factors.」
Generic drug entry was specifically cited as a reason for lower Desalex sales and the forecast decline in revenue for the fiscal year ending March 2027. - FY2024ReframedAnnual report
「Competition in the pharmaceutical market is intense. If competition with other products in the same field, the entry of generic drugs after patents for originator drugs expire, and entry by companies from other industries leveraging advanced technologies intensify, this could materially affect the operating performance and financial condition of the Company Group.」
The description of competitive risks has been structured to include competition from products in the same field and generic entry, as well as entry by companies from other industries with advanced technologies. - FY2019RestatedAnnual report
「The development of more useful pharmaceuticals and the launch of pharmaceuticals with similar efficacy could affect sales trends for the Company Group's major products.」
The risk of an impact on sales of major products from technological innovation and the launch of competing products continues to be disclosed. - FY2018RestatedAnnual report
「The development of more useful pharmaceuticals and the launch of pharmaceuticals with similar efficacy could affect sales trends for the Company Group's major products.」
The risk of an impact on sales of major products from technological innovation and the launch of competing products continues to be disclosed. - FY2017First statedAnnual report
「The pharmaceutical industry operates in an environment of rapid technological innovation and progress. The development of more useful pharmaceuticals and the launch of products with similar indications could affect sales trends for the Group’s core products.」
Technological innovation and the launch of competing products are identified as risks to sales of core products.