The earnings call presented a robust financial performance with significant revenue and profit growth, driven by strong product sales and successful patent settlements. However, slight downward adjustments in sales forecasts and potential financial uncertainties were noted.
Company Guidance
During the third-quarter earnings call for Daiichi Sankyo, several financial metrics and forecasts were discussed. The company reported a significant revenue increase of JPY 225 billion, or 23.7% year-on-year, reaching JPY 1,173.3 billion. This growth was driven by increased sales across various business units, including Japan, oncology, and EU specialty businesses. The core operating profit rose by JPY 53.9 billion, a 45.5% increase from the previous year, totaling JPY 172.2 billion. Meanwhile, operating profit, factoring in temporary gains and losses, surged by JPY 67.4 billion, marking a 53% year-on-year growth to JPY 194.6 billion. Notably, profit attributable to owners of the company saw an 88.7% rise, amounting to JPY 163.6 billion. The company revised its FY 2023 revenue forecast upward by JPY 30 billion to JPY 1,580 billion, attributing growth to favorable foreign exchange effects and increased sales of specific products. Additionally, the annual dividend forecast per share was increased to JPY 50, reflecting strong business performance and strategic collaborations.
Revenue Surge
Revenue increased by JPY 225 billion or 23.7% year-on-year to reach JPY 1,173.3 billion.
Profit Growth
Core operating profit increased by JPY 53.9 billion or 45.5% year-on-year to reach JPY 172.2 billion.
ENHERTU Sales Growth
ENHERTU sales in the first 9 months of fiscal year '23 grew by JPY 136.3 billion year-on-year to JPY 276.0 billion.
Dividend Increase
Annual dividend forecast per share increased to JPY 50, up by JPY 20 from FY 2022.
Patent Dispute Settlement
Plexxikon received a lump sum payment of USD 182 million or JPY 26.1 billion from Novartis following a patent dispute settlement.
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Daiichi Sankyo Company (DSKYF) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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DSKYF Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Oct 31, 2024
$31.16
$30.50
-2.12%
Jul 31, 2024
$37.10
$39.15
+5.53%
Apr 25, 2024
$30.99
$30.30
-2.23%
Jan 31, 2024
$28.81
$29.59
+2.71%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Daiichi Sankyo Company Limited (DSKYF) report earnings?
Daiichi Sankyo Company Limited (DSKYF) is schdueled to report earning on Jan 31, 2025, TBA Not Confirmed.
What is Daiichi Sankyo Company Limited (DSKYF) earnings time?
Daiichi Sankyo Company Limited (DSKYF) earnings time is at Jan 31, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
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