Record-Breaking Revenue and Growth
In FY 2024, Astellas Pharma reported record high revenue of ¥1.912 trillion, a 19.2% increase year-on-year, and core operating profit of ¥392.4 billion, up by 41.7% year-on-year.
Strategic Brands Driving Growth
Sales of Strategic Brands, including PADCEV, IZERVAY, VEOZAH, VYLOY, and XOSPATA, exceeded ¥340 billion, more than doubling with a growth of ¥180 billion or 110% year-on-year.
Cost Optimization Success
Astellas Pharma achieved its cost optimization target of ¥40 billion in FY 2024, improving the SG&A ratio by 3.1 percentage points year-on-year.
Strong Outlook for FY 2025
Astellas expects continued strong momentum in Strategic Brands with projected revenue of ¥1.930 trillion and underlying growth excluding Forex impact expected to be 7%.
Dividend Increase
Astellas increased its dividend per share to ¥78, an increase of ¥4, in anticipation of future profit growth.
Primary Focus Program Progress
ASB-3082 achieved proof of concept (PoC) in pancreatic ductal adenocarcinoma, marking a significant milestone in targeted protein degradation.