January 31, 2022
Consolidated Financial Results for the First Nine Months of the Year Ending
March 31, 2022 (Fiscal 2021)
Listed company name: Daiichi Sankyo Company, Limited
Listed exchange: First Section of the Tokyo Stock Exchange
Stock code number: 4568
URL: https://www.daiichisankyo.com
Representative: Dr. Sunao Manabe, Representative Director, President and CEO
Contact: Mr. Junichi Onuma, Vice President of Corporate Communications Department
Telephone: +81-3-6225-1125
Scheduled date of Quarterly Report filing: February 4, 2022
Scheduled date of dividend payments: -
Preparing supplementary material (Reference Data) on quarterly financial results: Yes
Holding quarterly information meeting: Yes (for institutional investors, analysts and the press)
(All amounts have been rounded down to the nearest million yen)
1. Consolidated Financial Results for the First Nine Months of the Year Ending March 31, 2022 (from April 1, 2021 to December 31, 2021)
(1) Consolidated Financial Results
(Percentages indicate changes from the same period in the previous fiscal year)
Revenue | Operating profit | Profit before tax | Profit for the period | |||||
Millions of yen | % | Millions of yen | % | Millions of yen | % | Millions of yen | % | |
Nine months | ||||||||
ended | 810,967 | 9.8 | 123,772 | 38.3 | 125,886 | 26.4 | 94,318 | 24.6 |
December 31, | ||||||||
2021 | ||||||||
Nine months | ||||||||
ended | 738,791 | (2.4) | 89,463 | (42.5) | 99,568 | (37.8) | 75,678 | (43.6) |
December 31, | ||||||||
2020 |
Profit attributable to | Total comprehensive | Basic | Diluted | ||||
owners of the Company | income | earnings per share | earnings per share | ||||
Millions of yen | % | Millions of yen | % | Yen | Yen | ||
Nine months | |||||||
ended | 94,318 | 24.4 | 110,638 | 49.2 | 49.21 | 49.16 | |
December 31, | |||||||
2021 | |||||||
Nine months | |||||||
ended | 75,806 | (43.5) | 74,149 | (41.0) | 38.99 | 38.94 | |
December 31, | |||||||
2020 | |||||||
Note: Effective Thursday, October 1, 2020, Daiichi Sankyo Company, Limited (hereinafter, "Daiichi Sankyo" or "the Company") |
implemented a three-for-one share split of its ordinary shares. "Basic earnings per share" and "Diluted earnings per share" are calculated as if the share split had taken place at the beginning of the year ended March 31, 2021.
(2) Consolidated Financial Position
Ratio of equity | Equity per share | ||||
Equity attributable | attributable to | ||||
attributable to | |||||
Total assets | Total equity | to owners of the | owners of the | ||
owners of the | |||||
Company | Company to total | ||||
Company | |||||
assets | |||||
Millions of yen | Millions of yen | Millions of yen | % | Yen | |
As of December | 2,163,472 | 1,331,220 | 1,331,220 | 61.5 | 694.53 |
31, 2021 | |||||
As of March 31, | 2,085,178 | 1,272,053 | 1,272,053 | 61.0 | 663.85 |
2021 | |||||
2. Dividend
Annual dividend per share | |||||
First quarter | Second quarter | Third quarter | Fiscal year-end | Total | |
Yen | Yen | Yen | Yen | Yen | |
Year ended March | - | 40.50 | - | 13.50 | - |
31, 2021 | |||||
Year ending March | - | 13.50 | - | ||
31, 2022 | |||||
Year ending March | |||||
31, 2022 | 13.50 | 27.00 | |||
(Forecast) |
Note: Revision of the forecast from most recently announced figures: No
Note: Effective Thursday, October 1, 2020, Daiichi Sankyo implemented a three-for-one share split of its ordinary shares. The dividend for the first six months of the fiscal year ended March 31, 2021 presents the amount prior to the share split. The annual dividend per share for the fiscal year ended March 31, 2021 is not presented because the amounts cannot be simply combined due to the implementation of the share split. For further details, please refer to "1. Qualitative Information about Consolidated Results for the First Nine Months (4) Information about Return to Shareholders" on page 10 of the attached material.
3. Forecast of Consolidated Financial Results for Year Ending March 31, 2022
(Percentages indicate changes from the same period in the previous fiscal year)
Revenue | Core operating | Operating profit | Profit before tax | Profit for the year | ||||||||
profit | ||||||||||||
Millions of | % | Millions of | % | Millions of | % | Millions of | % | Millions of | % | |||
yen | yen | yen | yen | yen | ||||||||
Full year | 1,030,000 | 7.0 | 90,000 | 14.1 | 92,000 | 44.2. | 92,000 | 24.1 | 64,000 | (15.6) | ||
Profit attributable to | Basic | ||
owners of the | |||
earnings per share | |||
Company | |||
Millions of | % | Yen | |
yen | |||
Full year | 64,000 | (15.7) | 33.39 |
Note: Revision of the forecast from most recently announced figures: No
Note: Regarding the forecast of consolidated financial results for the fiscal year ending March 31, 2022, Daiichi Sankyo discloses core operating profit, which excludes temporary income and expenses from operating profit, as an indicator of ordinary profitability. For the definition of core operating profit, please refer to "1. Qualitative Information about Consolidated Results for the First Nine Months (1) Information about Operating Results" on page 2 of the attached material.
*Notes
(1) | Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in a change in | ||||
scope of consolidation): No | |||||
(2) | Changes in accounting policies and changes in accounting estimates | ||||
1) | Changes in accounting policies required by IFRS: No | ||||
2) | Changes in accounting policies due to other reasons: No | ||||
3) | Changes in accounting estimates: No | ||||
(3) | Number of ordinary shares issued | ||||
1) | Number of shares issued at the end of the period (including treasury shares) | ||||
As of December 31, 2021 | 1,947,034,029shares | ||||
As of March 31, 2021 | 2,127,034,029 shares | ||||
2) | Number of treasury shares at the end of the period | ||||
As of December 31, 2021 | 30,309,866 shares | ||||
As of March 31, 2021 | 210,868,203 shares | ||||
3) | Average number of shares during the period (cumulative from the beginning of the fiscal year) | ||||
Nine months ended December 31, 2021 | 1,916,549,230 shares | ||||
Nine months ended December 31, 2020 | 1,944,131,938 shares |
Note: Effective Thursday, October 1, 2020, Daiichi Sankyo implemented a three-for-one share split of its ordinary shares. "Number of ordinary shares issued" is calculated as if the share split had taken place at the beginning of the year ended March 31, 2021.
- This quarterly financial results summary is not subject to quarterly review procedures by Certified Public Accountants or an audit firm.
*Disclaimer regarding forward-looking information including appropriate use of forecast financial results
The forecast information included in these materials is based on information currently available and certain assumptions that Daiichi Sankyo regards as reasonable. Actual performance and results may differ from those forecast due to various factors.
Please see "1. Qualitative Information about Consolidated Results for the First Nine Months (3) Information about Forecasts of Consolidated Financial Results and Other Forward-Looking Statements" on page 10 for matters related to the above forecasts.
Attached Material
Index
[Revenue by Business Unit] ....................................................................................................................... | 4 | ||
2) | Status of R&D ............................................................................................................................................ | 5 | |
3) Efforts to Address the Novel Coronavirus Infection................................................................................... | 8 | ||
(2) | Analysis of Financial Position as of December 31, 2021............................................................................... | 10 | |
(3) | Information about Forecasts of Consolidated Financial Results and Other Forward-Looking Statements.... | 10 | |
(4) | Information about Return to Shareholders ..................................................................................................... | 10 | |
2. Condensed Interim Consolidated Financial Statements with Primary Notes........................................................ | 11 | ||
(1) | Condensed Interim Consolidated Statement of Financial Position ................................................................ | 11 | |
(2) | Condensed Interim Consolidated Statement of Profit or Loss and Condensed Interim Consolidated | ||
Statement of Comprehensive Income............................................................................................................. | 13 | ||
Condensed Interim Consolidated Statement of Profit or Loss ....................................................................... | 13 | ||
Condensed Interim Consolidated Statement of Comprehensive Income ....................................................... | 14 | ||
(3) | Condensed Interim Consolidated Statement of Changes in Equity................................................................ | 15 | |
(4) | Condensed Interim Consolidated Statement of Cash Flows........................................................................... | 17 | |
(5) | Notes to Condensed Interim Consolidated Financial Statements................................................................... | 19 | |
Going Concern Assumption ........................................................................................................................... | 19 | ||
Changes in Significant Subsidiaries during the Period................................................................................... | 19 |
1
1. Qualitative Information about Consolidated Results for the First Nine Months
(1) Information about Operating Results
1) Overview
[Consolidated Financial Results]
(Millions of yen; all amounts have been rounded down to the nearest million yen.)
Nine months ended | Nine months ended | YoY change | |
December 31, 2020 | December 31, 2021 | ||
Revenue | 738,791 | 810,967 | 72,175 |
9.8% | |||
Cost of sales* | 256,414 | 263,208 | 6,794 |
2.6% | |||
Selling, general and administrative | 229,265 | 255,679 | 26,413 |
expenses* | 11.5% | ||
Research and development expenses* | 163,749 | 169,083 | 5,334 |
3.3% | |||
Core operating profit* | 89,362 | 122,995 | 33,633 |
37.6% | |||
Temporary income* | 114 | 2,120 | 2,006 |
- | |||
Temporary expenses* | 13 | 1,343 | 1,330 |
- | |||
Operating profit | 89,463 | 123,772 | 34,309 |
38.3% | |||
Profit before tax | 99,568 | 125,886 | 26,318 |
26.4% | |||
Profit attributable to owners of the | 75,806 | 94,318 | 18,512 |
Company | 24.4% | ||
Total comprehensive income | 74,149 | 110,638 | 36,489 |
49.2% | |||
- Daiichi Sankyo discloses core operating profit, which excludes temporary income and expenses from operating profit, as an indicator of ordinary profitability. Temporary income and expenses include gains/losses on sale of non-current assets, gains/losses associated with business restructuring (excluding gains/losses on sales of developed products and products on the market), impairment losses on property, plant and equipment, intangible assets, and goodwill, compensation for damages or settlement, and non-recurring and large gains/losses.
This table shows the actual results of cost of sales, selling, general and administrative expenses, and research and development expenses, exclusive of temporary income and expenses. The adjustment table from operating profit to core operating profit is stated in the reference data.
(Yen) | ||
Nine months ended | Nine months ended | |
December 31, | December 31, | |
2020 | 2021 | |
USD/Yen | 106.11 | 111.10 |
EUR/Yen | 122.37 | 130.62 |
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Daiichi Sankyo Co. Ltd. published this content on 31 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 January 2022 04:10:09 UTC.