Kyowa Kirin Profit Plunges 58% in Q1; Shares Down 3%

MT Newswires Live

May 02, 2025

Kyowa Kirin's (TYO:4151) attributable profit plunged 58% to 6.17 billion yen in the first quarter of 2025 from 14.63 billion yen a year earlier.

The pharmaceutical company's earnings per share fell to 11.78 yen from 27.26 yen a year ago, according to a May 1 filing.

Revenue slipped 0.8% to 104.7 billion yen for the quarter ended March 31 from 105.6 billion yen.

For the full year ending Dec. 31, Kyowa Kirin forecasts a 4.8% drop in net profit to 57.0 billion yen or 108.91 yen per share, with revenue expected to decline 3.5% to 478.0 billion yen.

The company plans to pay interim dividend and final dividend of 30 yen per share, each, for the current fiscal year.

Kyowa Kirin's shares shed 3% recently.

Price (JPY): $2171.50, Change: $-67, Percent Change: -2.99%

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