Chugai Pharmaceutical Co Ltd

4519: XTKS (JPN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Chugai's World-Class Innovation Continues To Drive Profitability Improvement

Jay Lee

Jan 30, 2026

Business Strategy and Outlook

Chugai was founded in 1925 and developed into one of Japan's leading biotech companies in the 1990s, launching Epogin (1990) and Neutrogin (1991). In 2002, Chugai merged with Roche’s small-molecule Japan affiliate, Nippon Roche, and Roche became the parent company, now owning approximately 60% of the shares.

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Chugai Pharmaceutical Co Ltd

Chugai's World-Class Innovation Continues To Drive Profitability Improvement

Business Strategy and Outlook

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