Takeda delivers strong 1st-half 2021 results
Japan’s largest drugmaker Takeda Pharmaceutical (TYO: 4502) today announced financial results for the first half of fiscal year 2021 (period ended September 30, 2021). Based on the strong first half results, the company also confirmed its fiscal year 2021 management guidance.
Revenues for the six months ca me in at 1,794 billion yen ($15.8 billion) on a reported basis, up 12.8% year-on-year, with core revenues at 1,661 billion yen, up 4.4%
Reported operating profit increased +60.5% to 346.0 billion yen compared to H1 FY2020, reflecting a gain on the sales of the diabetes portfolio in Japan and declining purchase price accounting and integration costs.
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