Takeda Posts Quarterly Net Loss, Cuts Guidance
By Kosaku Narioka
Takeda Pharmaceutical swung to a second-quarter loss and cut its annual earnings forecasts.
The Japanese drugmaker said Thursday that it booked a net loss of 11.8 billion yen, equivalent to $77.3 million, for the three months ended September, compared with net profit of Y92.0 billion in the year-earlier period. The result was worse than the Y65.2 billion net profit estimate in a poll of analysts by data provider Visible Alpha.
Revenue dropped 5.4% from a year earlier to Y1.113 trillion.
For the fiscal year ending March, it projected revenue to decline 1.8% to Y4.500 trillion and net profit to increase 42% to Y153.00 billion. The company previously expected revenue of Y4.530 trillion and net profit of Y228.00 billion.
Takeda said the lowered views partly reflect impairment charges associated with strategic pipeline decisions taken in its second quarter.
Write to Kosaku Narioka at kosaku.narioka@wsj.com
(END) Dow Jones Newswires
October 30, 2025 03:32 ET (07:32 GMT)
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