|
|
5-day change | 1st Jan Change | ||
|
8,845.00 JPY |
-0.91% |
|
+5.94% | +7.30% |
Published on 04/24/2026
at 04:10 am EDT
Publicnow
Supplementary Materials
Consolidated Financial Statements for the three months ended March 31, 2026 (IFRS)
Notes: 1.
Portions of this report that refer to performance forecasts or any other future events are believed to be reasonable under information available at the time of the forecasts. Actual results may materially differ from these forecasts due to potential risks and uncertainties.
-
Amounts shown in this report are rounded to the nearest 0.1 billion yen. Variance and % are calculated based on the amounts shown.
-
Exchange rates used for each period are as follows.
Weighted average rate* (Yen)
|
Actual |
Actual |
Assumption |
Assumption |
|||||||
|
FY2025 |
FY2026 |
FY2026 |
FY2026 |
|||||||
|
1-3 |
1-6 |
1-9 |
1-12 |
1-3 |
1-6 |
1-9 |
1-12 |
1-3 |
1-12 |
|
|
YTD |
YTD |
YTD |
YTD |
YTD |
YTD |
YTD |
YTD |
YTD |
YTD |
|
|
CHF |
172.46 |
171.31 |
171.62 |
173.57 |
182.56 |
182.76 |
184.00 |
|||
|
EUR |
159.84 |
162.19 |
165.47 |
168.84 |
183.32 |
179.00 |
179.00 |
|||
|
USD |
147.35 |
146.56 |
146.36 |
147.08 |
149.85 |
151.05 |
151.00 |
|||
|
SGD |
113.62 |
111.63 |
112.44 |
113.61 |
122.22 |
119.00 |
119.00 |
|||
*Weighted average of the exchange rates used to record foreign currency transactions included in categories from revenue to operating profit
Market average rate
|
Actual |
Actual |
|||||||
|
FY2025 |
FY2026 |
|||||||
|
1-3 |
1-6 |
1-9 |
1-12 |
1-3 |
1-6 |
1-9 |
1-12 |
|
|
YTD |
YTD |
YTD |
YTD |
YTD |
YTD |
YTD |
YTD |
|
|
CHF |
169.60 |
172.12 |
175.95 |
179.98 |
200.23 |
|||
|
EUR |
160.38 |
162.03 |
165.29 |
168.68 |
183.63 |
|||
|
USD |
152.47 |
148.57 |
148.19 |
149.66 |
156.81 |
|||
|
SGD |
113.12 |
112.15 |
113.03 |
114.47 |
122.93 |
|||
Period-end rate
|
Actual |
Actual |
|||||||
|
FY2025 |
FY2026 |
|||||||
|
Mar. 31 |
Jun. 30 |
Sep. 30 |
Dec. 31 |
Mar. 31 |
Jun. 30 |
Sep. 30 |
Dec. 31 |
|
|
CHF |
170.10 |
181.00 |
186.38 |
197.48 |
199.66 |
|||
|
EUR |
162.24 |
169.46 |
174.31 |
183.75 |
183.01 |
|||
|
USD |
149.84 |
144.76 |
148.63 |
156.47 |
159.70 |
|||
|
SGD |
111.61 |
113.41 |
115.21 |
121.82 |
123.66 |
|||
Reconciliation of IFRS results to Core results
(Billions of yen)
|
FY2025 |
FY2026 |
||||||||
|
1-3 |
1-3 |
||||||||
|
IFRS results |
Intangible assets |
Others |
Core results |
IFRS results |
Intangible assets |
Others |
Core results |
||
|
Revenue |
288.5 |
– |
– |
288.5 |
321.7 |
– |
– |
321.7 |
|
|
Sales |
259.7 |
– |
– |
259.7 |
291.6 |
– |
– |
291.6 |
|
|
Other revenue |
28.7 |
– |
– |
28.7 |
30.2 |
– |
– |
30.2 |
|
|
Cost of sales |
(87.8) |
0.3 |
0.0 |
(87.5) |
(92.8) |
0.5 |
– |
(92.3) |
|
|
Gross profit |
200.6 |
0.3 |
0.0 |
201.0 |
229.0 |
0.5 |
– |
229.5 |
|
|
Research and development |
(40.9) |
0.2 |
0.0 |
(40.7) |
(41.9) |
0.0 |
– |
(41.9) |
|
|
Selling, general and administration |
(23.2) |
– |
2.2 |
(21.0) |
(28.9) |
– |
4.0 |
(24.9) |
|
|
Other operating income (expense) |
0.2 |
– |
0.1 |
0.3 |
0.6 |
– |
– |
0.6 |
|
|
Operating profit |
136.7 |
0.5 |
2.4 |
139.5 |
158.8 |
0.5 |
4.0 |
163.3 |
|
|
Financing costs |
0.0 |
– |
– |
0.0 |
0.0 |
– |
– |
0.0 |
|
|
Other financial income (expense) |
(0.8) |
– |
– |
(0.8) |
1.4 |
– |
– |
1.4 |
|
|
Profit before taxes |
135.8 |
0.5 |
2.4 |
138.7 |
160.2 |
0.5 |
4.0 |
164.7 |
|
|
Income taxes |
(38.6) |
(0.1) |
(0.7) |
(39.5) |
(44.8) |
(0.2) |
(1.2) |
(46.2) |
|
|
Net income |
97.2 |
0.3 |
1.7 |
99.2 |
115.4 |
0.4 |
2.8 |
118.6 |
|
|
Attributable to |
97.2 |
0.3 |
1.7 |
99.2 |
115.4 |
0.4 |
2.8 |
118.6 |
|
|
Chugai shareholders |
97.2 |
0.3 |
1.7 |
99.2 |
115.4 |
0.4 |
2.8 |
118.6 |
|
|
Non-controlling interests |
– |
– |
– |
– |
– |
– |
– |
– |
|
Core results
Chugai discloses its results on a Core basis from 2013 in conjunction with its transition to IFRS. Core results are the results after adjusting non-recurring items recognized by Chugai to IFRS results. Chugai’s recognition of non-recurring items may differ from that of Roche due to the difference in the scale of operations, the scope of business and other factors. Core results are used by Chugai as an internal performance indicator, for explaining the status of recurring profits both internally and externally, and as the basis for payment-by-results.
The table above shows the reconciliation of IFRS results into Core results. The detail is as below.
Intangible assets
Amortization (0.4 billion yen in 2025 and 0.5 billion yen in 2026) Impairment (0.1 billion yen in 2025 and None in 2026)
Others
Business rebuilding expenses (2.2 billion yen in 2025 and 4.0 billion yen in 2026) Restructuring expenses (0.1 billion yen in 2025 and None in 2026)
IFRS results (QTD)
(Billions of yen)
|
Actual |
Actual |
|||||||||||||
|
FY2025 |
FY2026 |
|||||||||||||
|
1-3 |
4-6 |
7-9 |
10-12 |
1-3 |
Change (%) |
4-6 |
Change (%) |
7-9 |
Change (%) |
10-12 |
Change (%) |
|||
|
QTD |
QTD |
QTD |
QTD |
QTD |
QTD |
QTD |
QTD |
|||||||
|
Revenue |
288.5 |
290.0 |
333.2 |
346.3 |
321.7 |
+11.5 |
||||||||
|
Sales |
259.7 |
251.7 |
283.1 |
283.2 |
291.6 |
+12.3 |
||||||||
|
Domestic |
103.0 |
120.4 |
120.4 |
128.6 |
111.4 |
+8.2 |
||||||||
|
Overseas |
156.7 |
131.4 |
162.8 |
154.6 |
180.1 |
+14.9 |
||||||||
|
Other revenue |
28.7 |
38.3 |
50.0 |
63.1 |
30.2 |
+5.2 |
||||||||
|
Royalty income and profit-sharing income |
25.3 |
37.0 |
50.0 |
60.3 |
28.2 |
+11.5 |
||||||||
|
of which income from Roche |
24.5 |
35.5 |
47.3 |
56.0 |
24.1 |
(1.6) |
||||||||
|
Other operating income |
3.4 |
1.3 |
(0.0) |
2.7 |
1.9 |
(44.1) |
||||||||
|
Cost of sales |
(87.8) |
(88.1) |
(100.2) |
(87.6) |
(92.8) |
+5.7 |
||||||||
|
(% of Sales) |
33.8 |
35.0 |
35.4 |
30.9 |
31.8 |
– |
||||||||
|
Gross profit |
200.6 |
201.9 |
232.9 |
258.7 |
229.0 |
+14.2 |
||||||||
|
(% of Revenue) |
69.5 |
69.6 |
69.9 |
74.7 |
71.2 |
– |
||||||||
|
Research and development |
(40.9) |
(45.7) |
(48.6) |
(52.4) |
(41.9) |
+2.4 |
||||||||
|
(% of Revenue) |
14.2 |
15.8 |
14.6 |
15.1 |
13.0 |
– |
||||||||
|
Selling, general and administration |
(23.2) |
(28.4) |
(27.9) |
(36.9) |
(28.9) |
+24.6 |
||||||||
|
(% of Revenue) |
8.0 |
9.8 |
8.4 |
10.7 |
9.0 |
– |
||||||||
|
Other operating income (expense) |
0.2 |
8.8 |
0.0 |
(0.4) |
0.6 |
+200.0 |
||||||||
|
Operating profit |
136.7 |
136.7 |
156.5 |
169.0 |
158.8 |
+16.2 |
||||||||
|
(% of Revenue) |
47.4 |
47.1 |
47.0 |
48.8 |
49.4 |
– |
||||||||
|
Financing costs |
0.0 |
(0.1) |
(0.1) |
(0.1) |
0.0 |
0.0 |
||||||||
|
Other financial income (expense) |
(0.8) |
(0.6) |
(0.4) |
1.0 |
1.4 |
– |
||||||||
|
Profit before taxes |
135.8 |
136.0 |
156.1 |
169.9 |
160.2 |
+18.0 |
||||||||
|
(% of Revenue) |
47.1 |
46.9 |
46.8 |
49.1 |
49.8 |
– |
||||||||
|
Income taxes |
(38.6) |
(38.8) |
(44.9) |
(41.5) |
(44.8) |
+16.1 |
||||||||
|
Net income |
97.2 |
97.2 |
111.2 |
128.4 |
115.4 |
+18.7 |
||||||||
|
(% of Revenue) |
33.7 |
33.5 |
33.4 |
37.1 |
35.9 |
– |
||||||||
|
Attributable to |
||||||||||||||
|
Chugai shareholders |
97.2 |
97.2 |
111.2 |
128.4 |
115.4 |
+18.7 |
||||||||
|
Non-controlling interests |
– |
– |
– |
– |
– |
– |
||||||||
|
Earnings per share |
||||||||||||||
|
Basic (yen) |
59.09 |
59.04 |
67.58 |
78.03 |
70.13 |
+18.7 |
||||||||
|
Diluted (yen) |
59.08 |
59.03 |
67.58 |
78.02 |
70.13 |
+18.7 |
||||||||
Other financial income (expense) includes net amount of FX related gains/losses.
IFRS results (YTD)
(Billions of yen)
|
Actual |
Actual |
|||||||||||||
|
FY2025 |
FY2026 |
|||||||||||||
|
1-3 |
1-6 |
1-9 |
1-12 |
1-3 |
Change (%) |
1-6 |
Change (%) |
1-9 |
Change (%) |
1-12 |
Change (%) |
|||
|
YTD |
YTD |
YTD |
YTD |
YTD |
YTD |
YTD |
YTD |
|||||||
|
Revenue |
288.5 |
578.5 |
911.6 |
1,257.9 |
321.7 |
+11.5 |
||||||||
|
Sales |
259.7 |
511.4 |
794.6 |
1,077.8 |
291.6 |
+12.3 |
||||||||
|
Domestic |
103.0 |
223.3 |
343.7 |
472.4 |
111.4 |
+8.2 |
||||||||
|
Overseas |
156.7 |
288.1 |
450.9 |
605.4 |
180.1 |
+14.9 |
||||||||
|
Other revenue |
28.7 |
67.0 |
117.1 |
180.1 |
30.2 |
+5.2 |
||||||||
|
Royalty income and profit-sharing income |
25.3 |
62.3 |
112.3 |
172.7 |
28.2 |
+11.5 |
||||||||
|
of which income from Roche |
24.5 |
59.9 |
107.3 |
163.3 |
24.1 |
(1.6) |
||||||||
|
Other operating income |
3.4 |
4.7 |
4.7 |
7.5 |
1.9 |
(44.1) |
||||||||
|
Cost of sales |
(87.8) |
(175.9) |
(276.1) |
(363.7) |
(92.8) |
+5.7 |
||||||||
|
(% of Sales) |
33.8 |
34.4 |
34.7 |
33.7 |
31.8 |
– |
||||||||
|
Gross profit |
200.6 |
402.6 |
635.5 |
894.3 |
229.0 |
+14.2 |
||||||||
|
(% of Revenue) |
69.5 |
69.6 |
69.7 |
71.1 |
71.2 |
– |
||||||||
|
Research and development |
(40.9) |
(86.6) |
(135.2) |
(187.6) |
(41.9) |
+2.4 |
||||||||
|
(% of Revenue) |
14.2 |
15.0 |
14.8 |
14.9 |
13.0 |
– |
||||||||
|
Selling, general and administration |
(23.2) |
(51.6) |
(79.5) |
(116.5) |
(28.9) |
+24.6 |
||||||||
|
(% of Revenue) |
8.0 |
8.9 |
8.7 |
9.3 |
9.0 |
– |
||||||||
|
Other operating income (expense) |
0.2 |
9.0 |
9.0 |
8.6 |
0.6 |
+200.0 |
||||||||
|
Operating profit |
136.7 |
273.3 |
429.8 |
598.8 |
158.8 |
+16.2 |
||||||||
|
(% of Revenue) |
47.4 |
47.2 |
47.1 |
47.6 |
49.4 |
– |
||||||||
|
Financing costs |
0.0 |
(0.1) |
(0.1) |
(0.2) |
0.0 |
0.0 |
||||||||
|
Other financial income (expense) |
(0.8) |
(1.5) |
(1.8) |
(0.8) |
1.4 |
– |
||||||||
|
Profit before taxes |
135.8 |
271.8 |
427.9 |
597.8 |
160.2 |
+18.0 |
||||||||
|
(% of Revenue) |
47.1 |
47.0 |
46.9 |
47.5 |
49.8 |
– |
||||||||
|
Income taxes |
(38.6) |
(77.4) |
(122.3) |
(163.8) |
(44.8) |
+16.1 |
||||||||
|
Net income |
97.2 |
194.4 |
305.6 |
434.0 |
115.4 |
+18.7 |
||||||||
|
(% of Revenue) |
33.7 |
33.6 |
33.5 |
34.5 |
35.9 |
– |
||||||||
|
Attributable to |
||||||||||||||
|
Chugai shareholders |
97.2 |
194.4 |
305.6 |
434.0 |
115.4 |
+18.7 |
||||||||
|
Non-controlling interests |
– |
– |
– |
– |
– |
– |
||||||||
|
Earnings per share |
||||||||||||||
|
Basic (yen) |
59.09 |
118.13 |
185.70 |
263.73 |
70.13 |
+18.7 |
||||||||
|
Diluted (yen) |
59.08 |
118.12 |
185.70 |
263.72 |
70.13 |
+18.7 |
||||||||
Other financial income (expense) includes net amount of FX related gains/losses.
Core results (QTD)
(Billions of yen)
|
Actual |
Actual |
|||||||||||||
|
FY2025 |
FY2026 |
|||||||||||||
|
1-3 |
4-6 |
7-9 |
10-12 |
1-3 |
Change (%) |
4-6 |
Change (%) |
7-9 |
Change (%) |
10-12 |
Change (%) |
|||
|
QTD |
QTD |
QTD |
QTD |
QTD |
QTD |
QTD |
QTD |
|||||||
|
Revenue |
288.5 |
290.0 |
333.2 |
346.3 |
321.7 |
+11.5 |
||||||||
|
Sales |
259.7 |
251.7 |
283.1 |
283.2 |
291.6 |
+12.3 |
||||||||
|
Domestic |
103.0 |
120.4 |
120.4 |
128.6 |
111.4 |
+8.2 |
||||||||
|
Overseas |
156.7 |
131.4 |
162.8 |
154.6 |
180.1 |
+14.9 |
||||||||
|
Other revenue |
28.7 |
38.3 |
50.0 |
63.1 |
30.2 |
+5.2 |
||||||||
|
Royalty income and profit-sharing income |
25.3 |
37.0 |
50.0 |
60.3 |
28.2 |
+11.5 |
||||||||
|
of which income from Roche |
24.5 |
35.5 |
47.3 |
56.0 |
24.1 |
(1.6) |
||||||||
|
Other operating income |
3.4 |
1.3 |
(0.0) 2.7 |
1.9 |
(44.1) |
|||||||||
|
Cost of sales |
(87.5) |
(87.7) |
(88.2) |
(88.2) |
(92.3) |
+5.5 |
||||||||
|
(% of Sales) |
33.7 |
34.8 |
31.2 |
31.1 |
31.7 |
– |
||||||||
|
Gross profit |
201.0 |
202.3 |
245.0 |
258.1 |
229.5 |
+14.2 |
||||||||
|
(% of Revenue) |
69.7 |
69.8 |
73.5 |
74.5 |
71.3 |
– |
||||||||
|
Research and development |
(40.7) |
(45.5) |
(42.6) |
(51.2) |
(41.9) |
+2.9 |
||||||||
|
(% of Revenue) |
14.1 |
15.7 |
12.8 |
14.8 |
13.0 |
– |
||||||||
|
Selling, general and administration |
(21.0) |
(24.4) |
(24.0) |
(33.8) |
(24.9) |
+18.6 |
||||||||
|
(% of Revenue) |
7.3 |
8.4 |
7.2 |
9.8 |
7.7 |
– |
||||||||
|
Other operating income (expense) |
0.3 |
0.1 |
0.0 |
(0.4) |
0.6 |
+100.0 |
||||||||
|
Operating profit |
139.5 |
132.5 |
178.5 |
172.7 |
163.3 |
+17.1 |
||||||||
|
(% of Revenue) |
48.4 |
45.7 |
53.6 |
49.9 |
50.8 |
– |
||||||||
|
Financing costs |
0.0 |
(0.1) |
(0.1) |
(0.1) |
0.0 |
0.0 |
||||||||
|
Other financial income (expense) |
(0.8) |
(0.6) |
(0.4) |
1.0 |
1.4 |
– |
||||||||
|
Profit before taxes |
138.7 |
131.8 |
178.1 |
173.6 |
164.7 |
+18.7 |
||||||||
|
(% of Revenue) |
48.1 |
45.4 |
53.5 |
50.1 |
51.2 |
– |
||||||||
|
Income taxes |
(39.5) |
(37.6) |
(51.6) |
(42.6) |
(46.2) |
+17.0 |
||||||||
|
Net income |
99.2 |
94.3 |
126.5 |
131.0 |
118.6 |
+19.6 |
||||||||
|
(% of Revenue) |
34.4 |
32.5 |
38.0 |
37.8 |
36.9 |
– |
||||||||
|
Attributable to |
||||||||||||||
|
Chugai shareholders |
99.2 |
94.3 |
126.5 |
131.0 |
118.6 |
+19.6 |
||||||||
|
Non-controlling interests |
– |
– |
– |
– |
– |
– |
||||||||
|
Core earnings per share (diluted) (yen) |
60.30 |
57.27 |
76.87 |
79.58 |
72.03 |
+19.5 |
||||||||
Please see page 1 “Reconciliation of IFRS results to Core results” for the detail of the adjustments.
Core earnings per share (diluted) (yen) : Net income attributable to Chugai shareholders / Weighted average number of shares in issue used to calculate diluted earnings per share. Other financial income (expense) includes net amount of FX related gains/losses.
Core results (YTD)
(Billions of yen)
|
Actual |
Actual |
Forecast (Jan 29th announced) |
||||||||||||||
|
FY2025 |
FY2026 |
FY2026 |
||||||||||||||
|
1-3 |
1-6 |
1-9 |
1-12 |
1-3 |
Change (%) |
1-6 |
Change (%) |
1-9 |
Change (%) |
1-12 |
Change (%) |
1-12 |
Change (%) |
|||
|
YTD |
YTD |
YTD |
YTD |
YTD |
YTD |
YTD |
YTD |
YTD |
||||||||
|
Revenue |
288.5 |
578.5 |
911.6 |
1,257.9 |
321.7 |
+11.5 |
1,345.0 |
+6.9 |
||||||||
|
Sales |
259.7 |
511.4 |
794.6 |
1,077.8 |
291.6 |
+12.3 |
1,100.0 |
+2.1 |
||||||||
|
Domestic |
103.0 |
223.3 |
343.7 |
472.4 |
111.4 |
+8.2 |
498.0 |
+5.4 |
||||||||
|
Overseas |
156.7 |
288.1 |
450.9 |
605.4 |
180.1 |
+14.9 |
602.0 |
(0.6) |
||||||||
|
Other revenue |
28.7 |
67.0 |
117.1 |
180.1 |
30.2 |
+5.2 |
245.0 |
+36.0 |
||||||||
|
Royalty income and profit-sharing income |
25.3 |
62.3 |
112.3 |
172.7 |
28.2 |
+11.5 |
217.2 |
+25.8 |
||||||||
|
of which income from Roche |
24.5 |
59.9 |
107.3 |
163.3 |
24.1 |
(1.6) |
178.5 |
+9.3 |
||||||||
|
Other operating income |
3.4 |
4.7 |
4.7 |
7.5 |
1.9 |
(44.1) |
27.8 |
+270.7 |
||||||||
|
Cost of sales |
(87.5) |
(175.2) |
(263.3) |
(351.5) |
(92.3) |
+5.5 |
(383.5) |
+9.1 |
||||||||
|
(% of Sales) |
33.7 |
34.3 |
33.1 |
32.6 |
31.7 |
– |
34.9 |
– |
||||||||
|
Gross profit |
201.0 |
403.3 |
648.3 |
906.5 |
229.5 |
+14.2 |
961.5 |
+6.1 |
||||||||
|
(% of Revenue) |
69.7 |
69.7 |
71.1 |
72.1 |
71.3 |
– |
71.5 |
– |
||||||||
|
Research and development |
(40.7) |
(86.3) |
(128.8) |
(180.1) |
(41.9) |
+2.9 |
(190.0) |
+5.5 |
||||||||
|
(% of Revenue) |
14.1 |
14.9 |
14.1 |
14.3 |
13.0 |
– |
14.1 |
– |
||||||||
|
Selling, general and administration |
(21.0) |
(45.4) |
(69.4) |
(103.2) |
(24.9) |
+18.6 |
(102.0) |
(1.2) |
||||||||
|
(% of Revenue) |
7.3 |
7.8 |
7.6 |
8.2 |
7.7 |
– |
7.6 |
– |
||||||||
|
Other operating income (expense) |
0.3 |
0.4 |
0.4 |
0.0 |
0.6 |
+100.0 |
0.5 |
– |
||||||||
|
Operating profit |
139.5 |
272.0 |
450.5 |
623.2 |
163.3 |
+17.1 |
670.0 |
+7.5 |
||||||||
|
(% of Revenue) |
48.4 |
47.0 |
49.4 |
49.5 |
50.8 |
– |
49.8 |
– |
||||||||
|
Financing costs |
0.0 |
(0.1) |
(0.1) |
(0.2) |
0.0 |
0.0 |
||||||||||
|
Other financial income (expense) |
(0.8) |
(1.5) |
(1.8) |
(0.8) |
1.4 |
– |
||||||||||
|
Profit before taxes |
138.7 |
270.5 |
448.6 |
622.2 |
164.7 |
+18.7 |
||||||||||
|
(% of Revenue) |
48.1 |
46.8 |
49.2 |
49.5 |
51.2 |
– |
||||||||||
|
Income taxes |
(39.5) |
(77.0) |
(128.6) |
(171.2) |
(46.2) |
+17.0 |
||||||||||
|
Net income |
99.2 |
193.5 |
320.0 |
451.0 |
118.6 |
+19.6 |
485.0 |
+7.5 |
||||||||
|
(% of Revenue) |
34.4 |
33.4 |
35.1 |
35.9 |
36.9 |
– |
36.1 |
– |
||||||||
|
Attributable to |
||||||||||||||||
|
Chugai shareholders |
99.2 |
193.5 |
320.0 |
451.0 |
118.6 |
+19.6 |
||||||||||
|
Non-controlling interests |
– |
– |
– |
– |
– |
– |
||||||||||
|
Weighted average number of shares in issue used
to calculate diluted earnings per share (Millions of shares) |
1,646 |
1,646 |
1,646 |
1,646 |
1,646 |
0.0 |
||||||||||
|
Core earnings per share (diluted) (yen) |
60.30 |
117.57 |
194.44 |
274.02 |
72.03 |
+19.5 |
295.00 |
+7.7 |
||||||||
|
Core payout ratio (%) |
99.3 |
44.7 |
– |
|||||||||||||
|
Dividend per share (Full year) (yen) |
272 |
132 |
– |
|||||||||||||
|
Dividend per share (Year end) (yen) |
147 |
66 |
– |
|||||||||||||
|
Dividend per share (Half year) (yen) |
125 |
66 |
– |
|||||||||||||
Please see page 1 “Reconciliation of IFRS results to Core results” for the detail of the adjustments.
Core earnings per share (diluted) (yen) : Net income attributable to Chugai shareholders / Weighted average number of shares in issue used to calculate diluted earnings per share. Other financial income (expense) includes net amount of FX related gains/losses.
The annual dividend per share for the year ended December 31, 2025 consists of a regular dividend of 122 yen (half-year: 50 yen, year-end: 72 yen) and a special dividend for the company’s 100th Anniversary of 150 yen (half-year: 75 yen, year-end: 75 yen).
Core statements of revenue (QTD)
(Billions of yen)
|
Actual |
Actual |
||||||||||||||
|
FY2025 |
FY2026 |
||||||||||||||
|
1-3 |
4-6 |
7-9 |
10-12 |
1-3 |
Change (%) |
4-6 |
Change (%) |
7-9 |
Change (%) |
10-12 |
Change (%) |
||||
|
QTD |
QTD |
QTD |
QTD |
QTD |
QTD |
QTD |
QTD |
||||||||
|
Sales |
259.7 |
251.7 |
283.1 |
283.2 |
291.6 |
+12.3 |
|||||||||
|
Domestic |
103.0 |
120.4 |
120.4 |
128.6 |
111.4 |
+8.2 |
|||||||||
|
Oncology |
53.1 |
63.5 |
64.1 |
65.8 |
55.7 |
+4.9 |
|||||||||
|
Tecentriq |
13.8 |
16.1 |
16.1 |
16.8 |
13.8 |
0.0 |
|||||||||
|
Polivy |
7.5 |
9.4 |
10.0 |
10.2 |
9.3 |
+24.0 |
|||||||||
|
Phesgo |
6.8 |
8.6 |
9.1 |
9.4 |
8.4 |
+23.5 |
|||||||||
|
Alecensa |
7.5 |
8.2 |
8.6 |
9.2 |
7.8 |
+4.0 |
|||||||||
|
Lunsumio |
0.0 |
0.9 |
1.2 |
1.1 |
1.2 |
– |
|||||||||
|
Kadcyla |
3.5 |
4.3 |
4.2 |
4.3 |
3.7 |
+5.7 |
|||||||||
|
Avastin |
6.1 |
6.9 |
6.6 |
6.5 |
4.3 |
(29.5) |
|||||||||
|
Perjeta |
3.0 |
3.4 |
3.2 |
3.0 |
2.4 |
(20.0) |
|||||||||
|
Foundation Medicine |
2.0 |
1.9 |
2.2 |
1.9 |
1.8 |
(10.0) |
|||||||||
|
Other products |
2.9 |
3.7 |
2.9 |
3.5 |
3.0 |
+3.4 |
|||||||||
|
Specialty |
49.9 |
56.8 |
56.3 |
62.8 |
55.7 |
+11.6 |
|||||||||
|
Hemlibra |
12.6 |
16.4 |
15.7 |
18.0 |
14.6 |
+15.9 |
|||||||||
|
Actemra |
10.9 |
12.9 |
13.0 |
13.8 |
11.8 |
+8.3 |
|||||||||
|
Enspryng |
6.1 |
7.1 |
7.6 |
8.3 |
6.9 |
+13.1 |
|||||||||
|
Vabysmo |
5.4 |
6.6 |
6.6 |
7.7 |
7.4 |
+37.0 |
|||||||||
|
Evrysdi |
3.4 |
4.5 |
4.1 |
4.2 |
3.6 |
+5.9 |
|||||||||
|
Elevidys |
– |
– |
– |
– |
0.5 |
– |
|||||||||
|
PiaSky |
1.3 |
1.7 |
1.8 |
2.0 |
2.1 |
+61.5 |
|||||||||
|
CellCept |
2.0 |
2.2 |
1.8 |
2.0 |
1.7 |
(15.0) |
|||||||||
|
Other products |
8.2 |
5.4 |
5.8 |
6.8 |
6.9 |
(15.9) |
|||||||||
|
Tamiflu |
2.3 |
0.0 |
0.0 |
0.2 |
0.0 |
– |
|||||||||
|
Overseas |
156.7 |
131.4 |
162.8 |
154.6 |
180.1 |
+14.9 |
|||||||||
|
Hemlibra |
86.2 |
64.5 |
103.9 |
89.8 |
108.9 |
+26.3 |
|||||||||
|
To Roche |
85.0 |
63.3 |
102.8 |
88.3 |
107.3 |
+26.2 |
|||||||||
|
Actemra |
42.5 |
44.4 |
32.1 |
39.1 |
39.5 |
(7.1) |
|||||||||
|
To Roche |
41.3 |
43.1 |
30.8 |
37.6 |
38.2 |
(7.5) |
|||||||||
|
Alecensa |
17.4 |
11.7 |
16.9 |
13.2 |
17.0 |
(2.3) |
|||||||||
|
To Roche |
16.6 |
11.0 |
16.1 |
12.4 |
16.2 |
(2.4) |
|||||||||
|
Enspryng |
3.1 |
2.9 |
2.6 |
2.6 |
(0.0) |
– |
|||||||||
|
To Roche |
3.0 |
2.8 |
2.5 |
2.5 |
(0.1) |
– |
|||||||||
|
Neutrogin |
2.4 |
2.2 |
2.1 |
2.2 |
2.1 |
(12.5) |
|||||||||
|
Sigmart |
2.2 |
2.3 |
2.3 |
1.7 |
2.1 |
(4.5) |
|||||||||
|
Other products |
2.9 |
3.3 |
2.9 |
5.8 |
10.5 |
+262.1 |
|||||||||
|
Other revenue |
28.7 |
38.3 |
50.0 |
63.1 |
30.2 |
+5.2 |
|||||||||
|
Revenue |
288.5 |
290.0 |
333.2 |
346.3 |
321.7 |
+11.5 |
|||||||||
|
Domestic |
103.4 |
121.2 |
120.6 |
128.8 |
111.6 |
+7.9 |
|||||||||
|
Overseas |
185.1 |
168.9 |
212.7 |
217.5 |
210.1 |
+13.5 |
|||||||||
Core statements of revenue (YTD)
(Billions of yen)
|
Actual |
Actual |
Forecast
(Jan 29th announced) |
|||||||||||||||
|
FY2025 |
FY2026 |
FY2026 |
|||||||||||||||
|
1-3 |
1-6 |
1-9 |
1-12 |
1-3 |
Change (%) |
1-6 |
Change (%) |
1-9 |
Change (%) |
1-12 |
Change (%) |
1-12 |
Change (%) |
||||
|
YTD |
YTD |
YTD |
YTD |
YTD |
YTD |
YTD |
YTD |
YTD |
|||||||||
|
Sales |
259.7 |
511.4 |
794.6 |
1,077.8 |
291.6 |
+12.3 |
1,100.0 |
+2.1 |
|||||||||
|
Domestic |
103.0 |
223.3 |
343.7 |
472.4 |
111.4 |
+8.2 |
498.0 |
+5.4 |
|||||||||
|
Oncology |
53.1 |
116.6 |
180.7 |
246.5 |
55.7 |
+4.9 |
259.2 |
+5.2 |
|||||||||
|
Tecentriq |
13.8 |
29.9 |
46.0 |
62.8 |
13.8 |
0.0 |
61.1 |
(2.7) |
|||||||||
|
Polivy |
7.5 |
17.0 |
27.0 |
37.2 |
9.3 |
+24.0 |
42.5 |
+14.2 |
|||||||||
|
Phesgo |
6.8 |
15.4 |
24.5 |
33.9 |
8.4 |
+23.5 |
35.1 |
+3.5 |
|||||||||
|
Alecensa |
7.5 |
15.8 |
24.3 |
33.5 |
7.8 |
+4.0 |
32.8 |
(2.1) |
|||||||||
|
Lunsumio |
0.0 |
1.0 |
2.2 |
3.3 |
1.2 |
– |
28.4 |
+760.6 |
|||||||||
|
Kadcyla |
3.5 |
7.8 |
11.9 |
16.3 |
3.7 |
+5.7 |
16.5 |
+1.2 |
|||||||||
|
Avastin |
6.1 |
13.0 |
19.6 |
26.1 |
4.3 |
(29.5) |
13.7 |
(47.5) |
|||||||||
|
Perjeta |
3.0 |
6.3 |
9.6 |
12.5 |
2.4 |
(20.0) |
11.1 |
(11.2) |
|||||||||
|
Foundation Medicine |
2.0 |
3.9 |
6.0 |
7.9 |
1.8 |
(10.0) |
7.8 |
(1.3) |
|||||||||
|
Other products |
2.9 |
6.7 |
9.6 |
13.0 |
3.0 |
+3.4 |
10.1 |
(22.3) |
|||||||||
|
Specialty |
49.9 |
106.7 |
163.0 |
225.8 |
55.7 |
+11.6 |
238.8 |
+5.8 |
|||||||||
|
Hemlibra |
12.6 |
29.1 |
44.7 |
62.7 |
14.6 |
+15.9 |
66.6 |
+6.2 |
|||||||||
|
Actemra |
10.9 |
23.8 |
36.7 |
50.5 |
11.8 |
+8.3 |
46.2 |
(8.5) |
|||||||||
|
Enspryng |
6.1 |
13.3 |
20.9 |
29.2 |
6.9 |
+13.1 |
31.9 |
+9.2 |
|||||||||
|
Vabysmo |
5.4 |
12.0 |
18.5 |
26.2 |
7.4 |
+37.0 |
30.1 |
+14.9 |
|||||||||
|
Evrysdi |
3.4 |
7.9 |
12.0 |
16.2 |
3.6 |
+5.9 |
15.2 |
(6.2) |
|||||||||
|
Elevidys |
– |
– |
– |
– |
0.5 |
– |
12.0 |
– |
|||||||||
|
PiaSky |
1.3 |
3.0 |
4.8 |
6.9 |
2.1 |
+61.5 |
8.3 |
+20.3 |
|||||||||
|
CellCept |
2.0 |
4.2 |
6.0 |
8.0 |
1.7 |
(15.0) |
7.1 |
(11.3) |
|||||||||
|
Other products |
8.2 |
13.5 |
19.3 |
26.1 |
6.9 |
(15.9) |
21.3 |
(18.4) |
|||||||||
|
Tamiflu |
2.3 |
2.3 |
2.3 |
2.5 |
0.0 |
– |
2.7 |
+8.0 |
|||||||||
|
Overseas |
156.7 |
288.1 |
450.9 |
605.4 |
180.1 |
+14.9 |
602.0 |
(0.6) |
|||||||||
|
Hemlibra |
86.2 |
150.7 |
254.6 |
344.5 |
108.9 |
+26.3 |
354.0 |
+2.8 |
|||||||||
|
To Roche |
85.0 |
148.3 |
251.0 |
339.3 |
107.3 |
+26.2 |
347.2 |
+2.3 |
|||||||||
|
Actemra |
42.5 |
86.9 |
119.0 |
158.2 |
39.5 |
(7.1) |
136.3 |
(13.8) |
|||||||||
|
To Roche |
41.3 |
84.5 |
115.2 |
152.9 |
38.2 |
(7.5) |
130.8 |
(14.5) |
|||||||||
|
Alecensa |
17.4 |
29.1 |
46.0 |
59.2 |
17.0 |
(2.3) |
60.4 |
+2.0 |
|||||||||
|
To Roche |
16.6 |
27.5 |
43.6 |
56.0 |
16.2 |
(2.4) |
57.1 |
+2.0 |
|||||||||
|
Enspryng |
3.1 |
6.1 |
8.6 |
11.3 |
(0.0) |
– |
9.2 |
(18.6) |
|||||||||
|
To Roche |
3.0 |
5.9 |
8.4 |
10.9 |
(0.1) |
– |
8.6 |
(21.1) |
|||||||||
|
Neutrogin |
2.4 |
4.6 |
6.7 |
8.9 |
2.1 |
(12.5) |
7.0 |
(21.3) |
|||||||||
|
Sigmart |
2.2 |
4.5 |
6.7 |
8.5 |
2.1 |
(4.5) |
2.4 |
(71.8) |
|||||||||
|
Other products |
2.9 |
6.3 |
9.2 |
15.0 |
10.5 |
+262.1 |
32.6 |
+117.3 |
|||||||||
|
Other revenue |
28.7 |
67.0 |
117.1 |
180.1 |
30.2 |
+5.2 |
245.0 |
+36.0 |
|||||||||
|
Revenue |
288.5 |
578.5 |
911.6 |
1,257.9 |
321.7 |
+11.5 |
1,345.0 |
+6.9 |
|||||||||
|
Domestic |
103.4 |
224.4 |
344.9 |
473.8 |
111.6 |
+7.9 |
500.5 |
+5.6 |
|||||||||
|
Overseas |
185.1 |
354.0 |
566.6 |
784.1 |
210.1 |
+13.5 |
844.5 |
+7.7 |
|||||||||
Financial position
(Billions of yen)
|
Actual |
Actual |
|||||||||||||||
|
FY2025 |
FY2026 |
|||||||||||||||
|
Mar. 31 |
Jun. 30 |
Sep. 30 |
Dec. 31 |
Mar. 31 |
vs. Mar. 31, 2025 |
vs. Dec. 31, 2025 |
Jun. 30 |
vs. Jun. 30, 2025 |
vs. Dec. 31, 2025 |
Sep. 30 |
vs. Sep. 30, 2025 |
vs. Dec. 31, 2025 |
Dec. 31 |
vs. Dec. 31, 2025 |
||
|
Trade accounts receivable |
252.1 |
261.1 |
287.2 |
317.5 |
301.7 |
49.6 |
(15.8) |
|||||||||
|
Inventories |
233.1 |
235.5 |
246.3 |
276.8 |
288.3 |
55.2 |
11.5 |
|||||||||
|
Trade accounts payable |
(22.0) |
(43.1) |
(45.2) |
(89.2) |
(78.7) |
(56.7) |
10.5 |
|||||||||
|
Other net working capital |
(56.2) |
(11.9) |
(19.6) |
21.9 |
(38.7) |
17.5 |
(60.6) |
|||||||||
|
Net working capital |
407.0 |
441.7 |
468.7 |
527.0 |
472.6 |
65.6 |
(54.4) |
|||||||||
|
Property, plant and equipment |
448.5 |
456.8 |
449.6 |
456.6 |
459.5 |
11.0 |
2.9 |
|||||||||
|
Right-of-use assets |
15.1 |
14.6 |
13.5 |
22.9 |
22.2 |
7.1 |
(0.7) |
|||||||||
|
Intangible assets |
17.3 |
33.3 |
34.2 |
54.5 |
58.5 |
41.2 |
4.0 |
|||||||||
|
Other long-term assets – net |
40.8 |
45.3 |
45.0 |
49.3 |
52.9 |
12.1 |
3.6 |
|||||||||
|
Long-term net operating assets |
521.7 |
549.9 |
542.3 |
583.3 |
593.1 |
71.4 |
9.8 |
|||||||||
|
Net operating assets |
928.7 |
991.5 |
1,011.0 |
1,110.3 |
1,065.7 |
137.0 |
(44.6) |
|||||||||
|
Debt |
– |
– |
– |
– |
– |
– |
– |
|||||||||
|
Marketable securities |
521.1 |
530.5 |
426.0 |
553.1 |
432.1 |
(89.0) |
(121.0) |
|||||||||
|
Cash and cash equivalents |
423.4 |
497.1 |
456.4 |
426.6 |
418.0 |
(5.4) |
(8.6) |
|||||||||
|
Net cash |
944.6 |
1,027.6 |
882.4 |
979.7 |
850.1 |
(94.5) |
(129.6) |
|||||||||
|
Other non-operating assets – net |
33.9 |
(34.0) |
(3.3) |
(64.3) |
(8.0) |
(41.9) |
56.3 |
|||||||||
|
Net non-operating assets |
978.5 |
993.6 |
879.2 |
915.4 |
842.1 |
(136.4) |
(73.3) |
|||||||||
|
Total net assets |
1,907.2 |
1,985.1 |
1,890.1 |
2,025.7 |
1,907.7 |
0.5 |
(118.0) |
|||||||||
|
Total net assets |
||||||||||||||||
|
Total assets |
2,139.5 |
2,278.3 |
2,183.6 |
2,468.6 |
2,265.1 |
125.6 |
(203.5) |
|||||||||
|
Total liabilities |
(232.3) |
(293.2) |
(293.5) |
(442.9) |
(357.4) |
(125.1) |
85.5 |
|||||||||
|
Attributable to |
||||||||||||||||
|
Chugai shareholders |
1,907.2 |
1,985.1 |
1,890.1 |
2,025.7 |
1,907.7 |
0.5 |
(118.0) |
|||||||||
|
Non-controlling interests |
– |
– |
– |
– |
– |
– |
– |
|||||||||
Trade accounts receivable: trade receivable and notes receivable Trade accounts payable: trade payable and notes payable
Other net working capital: accrued receivable (other receivable), accrued payable (other payable), accrued expenses (other current liabilities) etc.
Other long-term assets-net: long-term prepaid expenses, long-term provisions etc.
Other non-operating assets-net: deferred income tax assets, current income tax liabilities etc.
Net operating assets (NOA) and Net assets:
The consolidated balance sheet has been prepared in accordance with International Accounting Standards (IAS) No. 1, “Presentation of Financial Statements.” On the other hand, Net operating assets (NOA) and Net assets are a reconfiguration of the consolidated balance sheet as internal indicators and are identical to the indicators disclosed by Roche. Furthermore, no items from Net operating assets (NOA) and Net assets of IFRS have been excluded, as the Core results concept only applies to the income statement.
Net operating assets (NOA):
Net operating assets allow for an assessment of the Group’s operating performance of the business independently from financing and tax activities. Net operating assets are calculated as net working capital, long-term net operating assets that includes property, plant and equipment, right-of-use assets, intangible assets etc. minus provisions.
Cash flows
(Billions of yen)
|
Actual |
Actual |
|||||||
|
FY2025 |
FY2026 |
|||||||
|
1-3 |
1-6 |
1-9 |
1-12 |
1-3 |
1-6 |
1-9 |
1-12 |
|
|
YTD |
YTD |
YTD |
YTD |
YTD |
YTD |
YTD |
YTD |
|
|
Operating profit – IFRS basis |
136.7 |
273.3 |
429.8 |
598.8 |
158.8 |
|||
|
Depreciation and impairment of property, plant and equipment |
6.1 |
12.3 |
30.2 |
35.8 |
6.6 |
|||
|
Depreciation and impairment of right-of-use assets |
1.4 |
2.9 |
4.4 |
6.0 |
1.6 |
|||
|
Amortization and impairment of intangible assets |
0.5 |
0.9 |
1.3 |
3.3 |
0.6 |
|||
|
Other cash adjustment on operating profit |
1.5 |
0.4 |
7.1 |
7.6 |
2.1 |
|||
|
Operating profit, net of operating cash adjustments |
146.2 |
289.8 |
472.9 |
651.5 |
169.6 |
|||
|
(Increase) decrease in trade accounts receivable |
6.0 |
(2.6) |
(28.6) |
(58.5) |
15.8 |
|||
|
(Increase) decrease in inventories |
7.5 |
4.2 |
(7.3) |
(36.7) |
(13.2) |
|||
|
Increase (decrease) in trade accounts payable |
6.4 |
27.3 |
29.3 |
72.7 |
(10.7) |
|||
|
Change in other net working capital etc. |
20.9 |
(12.8) |
(10.9) |
(57.1) |
64.7 |
|||
|
Total (increase) decrease in net working capital etc. |
40.8 |
16.1 |
(17.5) |
(79.7) |
56.7 |
|||
|
Investment in property, plant and equipment |
(22.0) |
(48.9) |
(58.9) |
(76.3) |
(12.7) |
|||
|
Lease liabilities paid |
(2.0) |
(4.0) |
(5.9) |
(8.2) |
(2.5) |
|||
|
Investment in intangible assets |
(0.5) |
(16.2) |
(17.3) |
(35.3) |
(7.9) |
|||
|
Operating free cash flows |
162.4 |
236.8 |
373.2 |
452.1 |
203.3 |
|||
|
as % of Revenue |
56.3% |
40.9% |
40.9% |
35.9% |
63.2% |
|||
|
Treasury activities (interest income/expenses, foreign exchange gains/losses etc.) |
(12.8) |
(6.7) |
(1.3) |
12.3 |
(1.8) |
|||
|
Tax paid |
(106.9) |
(107.2) |
(190.7) |
(191.1) |
(89.3) |
|||
|
Free cash flows |
42.7 |
122.8 |
181.2 |
273.3 |
112.2 |
|||
|
Dividends paid |
(93.4) |
(93.8) |
(299.5) |
(299.4) |
(242.0) |
|||
|
Transaction in own equity instruments |
0.1 |
0.1 |
0.1 |
0.1 |
0.1 |
|||
|
Net effect of currency translation on net cash |
(1.2) |
2.1 |
4.3 |
9.4 |
0.2 |
|||
|
Net change in net cash |
(51.7) |
31.3 |
(113.9) |
(16.6) |
(129.6) |
|||
Other cash adjustment on operating profit: Adjustments for all non-cash income and expense items other than amortization expenses and impairment included in
operating profit (such as loss on inventory differences, allowance for doubtful accounts, stock option expenses, loss on asset retirement, and increase/decrease in provisions) as well as all non-operating income and expense cash flows relating to net operating assets (NOA) including proceeds from the sales of assets and utilization of provisions.
Operating free cash flow (Operating FCF): Pretax cash flow after adjusting changes in working capital and operating investments in assets (tangible and intangible) to “operating profit, net of operating cash adjustments,” which shows the company’s cash generation ability from operating activities.
Free cash flow (FCF): the ability to generate net cash from a management perspective after deducting tax, dividends, and other payments from operating FCF. Net change in net cash: dividends paid, increases and decreases in marketable securities and interest-bearing debt, changes in equity are included.
The concepts of operating profit, operating FCF and Net operating assets (NOA) presented in the previous page are mutually consistent. Free cash flow (FCF):
The consolidated statement of cash flows has been prepared in accordance with International Accounting Standard (IAS) No. 7, “Statement of Cash Flows.” FCF is a reconfiguration of the consolidated statement of cash flows as internal indicators and is identical to the indicators disclosed by Roche. Furthermore, no items from FCF have been excluded, as the Core results concept only applies to the income statement.
Key Performance Indicators
|
Units |
Actual |
Actual |
Forecast
(Jan 29th announced) |
|||||||
|
FY2025 |
FY2026 |
FY2026 |
||||||||
|
1-3 |
1-6 |
1-9 |
1-12 |
1-3 |
1-6 |
1-9 |
1-12 |
1-12 |
||
|
As of Mar. 31 |
As of Jun. 30 |
As of Sep. 30 |
As of Dec. 31 |
As of Mar. 31 |
As of Jun. 30 |
As of Sep. 30 |
As of Dec. 31 |
As of Dec. 31 |
||
|
Total indicator |
||||||||||
|
Core return on invested capital (Core ROIC) |
% |
10.7 |
20.1 |
32.9 |
43.9 |
10.8 |
||||
|
Return on invested capital (ROIC) |
% |
10.5 |
20.2 |
31.4 |
42.3 |
10.5 |
||||
|
Ratio of profit to total assets (ROA) |
% |
4.5 |
8.7 |
13.9 |
18.6 |
4.9 |
||||
|
Ratio of equity attributable to Chugai shareholders |
% |
89.1 |
87.1 |
86.6 |
82.1 |
84.2 |
||||
|
Ratio of equity attributable to
Chugai shareholders (stock price base) |
% |
523.0 |
543.5 |
486.0 |
549.5 |
625.7 |
||||
|
Price book value ratio (PBR) |
times |
5.9 |
6.2 |
5.6 |
6.7 |
7.4 |
||||
|
Ratio of net income to equity attributable to Chugai shareholders (ROE) |
% |
5.1 |
10.0 |
16.1 |
22.1 |
5.9 |
||||
|
Margin indicator (Core) |
||||||||||
|
ROS |
% |
48.4 |
47.0 |
49.4 |
49.5 |
50.7 |
49.8 |
|||
|
COS ratio (vs. Prod. sales) |
% |
33.7 |
34.2 |
33.1 |
32.6 |
31.7 |
34.9 |
|||
|
R&D cost ratio |
% |
14.1 |
14.9 |
14.1 |
14.3 |
13.0 |
14.1 |
|||
|
Selling, general and administration cost ratio |
% |
7.3 |
7.8 |
7.6 |
8.2 |
7.7 |
7.6 |
|||
|
Turnover indicator |
||||||||||
|
Total asset turnover |
% |
13.3 |
25.8 |
41.5 |
53.8 |
13.6 |
||||
|
Working capital turnover |
% |
30.7 |
59.7 |
93.1 |
122.2 |
29.6 |
||||
|
Inventory turnover |
Months |
8.0 |
8.0 |
8.0 |
9.1 |
9.3 |
||||
|
Receivables turnover |
Months |
2.9 |
3.1 |
3.3 |
3.5 |
3.1 |
||||
|
Payables turnover |
Months |
0.7 |
1.5 |
1.5 |
2.9 |
2.5 |
||||
|
Fixed asset turnover |
% |
61.4 |
120.0 |
190.6 |
253.2 |
59.9 |
||||
|
PP&E turnover |
% |
65.4 |
130.0 |
206.5 |
282.8 |
70.2 |
||||
|
Intangible assets turnover |
% |
1,639.5 |
2,261.4 |
3,504.1 |
3,474.6 |
569.3 |
||||
|
Dividend / per stock indicator |
||||||||||
|
Dividends per share (Half year) |
Yen |
125 |
66 |
|||||||
|
Dividends per share (Year end) |
Yen |
147 |
66 |
|||||||
|
Dividends per share (Full year) |
Yen |
272 |
132 |
|||||||
|
Core earnings per share (diluted) |
Yen |
60.30 |
117.57 |
194.44 |
274.02 |
72.03 |
295.00 |
|||
|
Core payout ratio (%) |
% |
99.3 |
44.7 |
|||||||
|
Equity per share attributable to Chugai shareholders (BPS) |
Yen |
1,158.97 |
1,206.25 |
1,148.51 |
1,230.91 |
1,159.17 |
||||
|
Ratio of dividends to equity attributable to
Chugai shareholders (DOE) |
% |
22.8 |
||||||||
|
Cashflow indicator |
||||||||||
|
Cash conversion cycle (CCC) |
Months |
10.1 |
9.6 |
9.8 |
9.7 |
9.9 |
||||
|
Net cash turnover period |
Months |
9.8 |
10.7 |
8.7 |
9.3 |
7.9 |
||||
|
Number of employees |
7,726 |
7,972 |
7,923 |
7,872 |
7,805 |
|||||
|
Investment on property, plant and equipment |
Billions of yen |
23.8 |
38.9 |
49.7 |
63.4 |
9.7 |
68.0 |
|||
|
Depreciation |
Billions of yen |
6.1 |
12.3 |
18.5 |
25.0 |
6.6 |
27.0 |
|||
|
Investment on intangible assets |
Billions of yen |
– |
16.3 |
17.6 |
39.9 |
4.5 |
||||
|
Amortization |
Billions of yen |
0.5 |
0.9 |
1.2 |
1.6 |
0.6 |
||||
Core ROIC: Core net operating profit after taxes / Net operating assets (Core ROIC is calculated by using Core Income taxes) ROIC: Net operating profit after taxes / Net operating assets (Net operating profit after taxes = Operating profit – income taxes) ROA: Net income / total assets, ROE: Net income attributable for Chugai shareholders / Equity attributable to Chugai shareholders
Total asset turnover: Revenue / Total asset, CCC:[Trade accounts receivable/Sales+(Inventories – Trade accounts payable)/Cost of sales]* passed months Net cash turnover period: Net cash/Revenue * passed months
Core ROIC, ROIC, ROA, ROE, total asset turnover, working capital turnover, fixed asset turnover, PP&E turnover, and intangible assets turnover are not annualized. The adjusted figures are used for calculating average NOA for Core ROIC and ROIC.
The annual dividend per share for the year ended December 31, 2025 consists of a regular dividend of 122 yen (half-year: 50 yen, year-end: 72 yen) and a special dividend for the company’s 100th Anniversary of 150 yen (half-year: 75 yen, year-end: 75 yen).
Development Pipeline [Main table] (as of March 31, 2026)
|
Development code Licensor |
Generic name Product name |
Indication
# Additional indication (Combination drug) |
Country/region |
Projected submission |
Mode of Action Modality (Dosage form) |
Partner |
|
|
Filed |
|||||||
|
AF802/RG7853
in-house |
alectinib Alecensa |
ALK fusion / rearrangement gene-positive unresectable advanced or recurrent solid tumors # |
Japan |
June 2025 |
ALK inhibitor
Small molecule (oral) |
– |
|
|
RG7446
Roche |
atezolizumab Tecentriq |
Adjuvant therapy for MRD-positive bladder cancer # |
Japan |
January 2026 |
Engineered anti-PD-L1 monoclonal antibody Antibody (IV) |
– |
|
|
RG435
Roche |
bevacizumab Avastin |
Neurofibromatosis type 2 (NF2) # |
Japan |
August 2025 |
Anti-VEGF humanized monoclonal antibody Antibody (IV) |
– |
|
|
Phase III |
|||||||
|
AF802/RG7853
in-house |
alectinib Alecensa |
Maintenance treatment of NSCLC (stage III) after chemoradiotherapy # |
Global |
– |
ALK inhibitor
Small molecule (oral) |
Roche |
|
|
RG7446
Roche |
atezolizumab Tecentriq |
HCC (intermediate stage) # (Avastin) # |
Japan |
2027 |
Engineered anti-PD-L1 monoclonal antibody Antibody (IV) |
Roche |
|
|
RG6171
Roche |
giredestrant
– |
Breast cancer (adjuvant) |
Japan |
2026 |
SERD (Selective Estrogen Receptor Degrader)
Small molecule (Oral) |
Roche |
|
|
Breast cancer (1st Line)
(palbociclib) |
Japan |
-* |
Roche |
||||
|
Breast cancer (1st Line-3rd Line)
(everolimus) |
Japan |
2026 |
Roche |
||||
|
RG7828
Roche |
mosunetuzumab Lunsumio |
Follicular lymphoma (2nd Line) # (lenalidomide) |
Japan |
2026 |
Anti-CD20/CD3 bispecific antibody
Antibody (IV) |
Roche |
|
|
Previously untreated follicular lymphoma # |
Japan |
2029 and beyond |
Roche |
||||
|
Development code Licensor |
Generic name Product name |
Indication
# Additional indication (Combination drug) |
Country/region |
Projected submission |
Mode of Action Modality (Dosage form) |
Partner |
|
|
RG6026
Roche |
glofitamab
– |
Previously untreated large B-cell lymphoma
(Polivy) |
Japan |
2028 |
Anti-CD20/CD3 bispecific antibody
Antibody (IV) |
Roche |
|
|
RG6330
Roche |
divarasib
– |
NSCLC (2nd Line) |
Japan |
2027 |
KRAS G12C inhibitor
Small molecule (Oral) |
Roche |
|
|
NSCLC (1st Line) |
Japan |
2029 and beyond |
Roche |
||||
|
RG6114
Roche |
inavolisib
– |
PIK3CA-mutated, HER2-positive breast cancer (1st Line) (Phesgo) |
Japan |
2028 |
PI3Kα inhibitor
Small molecule (oral) |
Roche |
|
|
PIK3CA-mutated breast cancer (endocrine-sensitive) (1st Line) (CDK4/6 inhibitor + letrozole) |
Japan |
2028 |
Roche |
||||
|
RG7159
Roche |
obinutuzumab Gazyva |
Lupus nephritis # |
Japan |
2026 |
Glycoengineered type II anti-CD20 monoclonal Antibody
Antibody (IV) |
Nippon
shinyaku |
|
|
Nephrotic syndrome # |
Japan |
2026 |
Nippon shinyaku |
||||
|
Extra renal lupus # |
Japan |
2027 |
Nippon
shinyaku |
||||
|
RG6299/ASO factor B Roche |
sefaxersen
– |
IgA nephropathy |
Japan |
2029 and beyond |
Antisense oligonucleotide targeting complement factor B mRNA
Nucleic acid (SC) |
Roche |
|
|
RG6631
Roche |
afimkibart
– |
Ulcerative colitis |
Japan |
2027 |
Anti-TL1A antibody Antibody (-) |
Roche |
|
|
Crohn’s disease |
Japan |
2029 and beyond |
Roche |
||||
|
–
Renalys Pharma |
sparsentan
– |
IgA nephropathy |
Japan |
2026 |
Dual endothelin
/angiotensin II receptor antagonist
Small molecule (Oral) |
– |
|
|
Development code Licensor |
Generic name Product name |
Indication
# Additional indication (Combination drug) |
Country/region |
Projected submission |
Mode of Action Modality (Dosage form) |
Partner |
|
|
SA237/RG6168
in-house |
satralizumab Enspryng |
Myelin oligodendrocyte glycoprotein antibody-associated disease (MOGAD) # |
Global |
2026 |
pH-dependent binding humanized anti-IL-6 receptor monoclonal antibody
Antibody (SC) |
Roche |
|
|
Autoimmune encephalitis (AIE) # |
Global |
2027 |
Roche |
||||
|
RG6102
Roche |
trontinemab
– |
Alzheimer’s disease |
Japan |
2029 and beyond |
Anti-amyloid beta/TfR1 fusion protein
Antibody (IV) |
Roche |
|
|
RG6356/SRP-9001
Roche |
delandistrogene moxeparvovec Elevidys |
Duchenne muscular dystrophy (DMD) (non-ambulatory) # |
Japan |
2029 and beyond |
Microdystrophin gene therapy
Gene therapy (IV) |
Sarepta** |
|
|
SKY59/RG6107
in-house |
crovalimab PiaSky |
Atypical hemolytic uremic syndrome (aHUS) # |
Global |
2026 |
Anti-C5 recycling antibody
Antibody (SC) |
Roche |
|
|
ACE910/RG6013
In-house |
emicizumab Hemlibra |
Type 3 von Willebrand disease # |
Global |
2027 |
Anti-coagulation factor IXa/X humanized bispecific monoclonal antibody
Antibody (SC) |
Roche |
|
|
SA237/RG6168
in-house |
satralizumab Enspryng |
Thyroid eye disease (TED) # |
Global |
2026 |
pH-dependent binding humanized anti-IL-6 receptor monoclonal antibody
Antibody (SC) |
Roche |
|
|
RG6179
Roche |
vamikibart
– |
Noninfectious uveitic macular edema (UME) |
Japan |
2026 |
Anti-IL-6 monoclonal antibody
Antibody (vitreous
injection) |
Roche |
|
|
RG7716
Roche |
faricimab Vabysmo |
Non-proliferative diabetic retinopathy (NPDR) # |
Japan |
2028 |
Anti-VEGF/Anti-Ang-2 bispecific antibody Antibody (vitreous
injection) |
– |
|
|
Development code Licensor |
Generic name Product name |
Indication
# Additional indication (Combination drug) |
Country/region |
Projected submission |
Mode of Action Modality (Dosage form) |
Partner |
|
|
RG6615
Roche |
zilebesiran
– |
Hypertension |
Japan |
2029 and beyond |
RNAi therapeutic targeting angiotensinogen (AGT)
RNAi (SC) |
Alnylam Pharmace uticals |
|
|
Phase II |
|||||||
|
RG6026
Roche |
glofitamab
– |
Relapsed or refractory diffuse large B-cell lymphoma |
Japan |
2026 |
Anti-CD20/CD3 bispecific antibody
Antibody (IV) |
– |
|
|
Relapsed or refractory mantle cell lymphoma |
Japan |
2028 |
– |
||||
|
RG6042
Roche |
tominersen
– |
Huntington’s disease |
Japan |
– |
Antisense oligonucleotide targeting HTT mRNA Nucleic acid (IV) |
Roche |
|
|
GYM329/RG6237
In-house |
emugrobart
– |
Obesity |
Global |
2029 and beyond |
Anti-latent myostatin
sweeping antibody Antibody (SC) |
Roche |
|
|
Phase l/II |
|||||||
|
RG6114
Roche |
inavolisib
– |
PIK3CA-mutated breast cancer (endocrine-resistant) (palbociclib + fulvestrant) |
Japan |
– |
PI3Kα inhibitor
Small molecule (Oral) |
Roche |
|
|
NXT007/RG6512
in-house |
–
– |
Hemophilia A |
Global |
2028 |
Anti-coagulation factor IXa/X bispecific antibody Antibody (SC) |
Roche |
|
|
RG6321
Roche |
ranibizumab (Port Delivery Platform with ranibizumab)***
– |
Neovascular age-related macular degeneration |
Japan |
2026 |
Humanized anti-VEGF monoclonal antibody Fragment Fab Antibody (injection via implant) |
– |
|
|
Diabetic macular edema |
Japan |
2026 |
– |
||||
|
Phase l |
|||||||
|
GC33
in-house |
codrituzumab
– |
HCC |
Global |
– |
Anti-Glypican-3 humanized monoclonal antibody
Antibody (IV) |
– |
|
|
Development code Licensor |
Generic name Product name |
Indication
# Additional indication (Combination drug) |
Country/region |
Projected submission |
Mode of Action Modality (Dosage form) |
Partner |
|
|
ALPS12
in-house |
clesitamig
– |
Solid tumors |
Global |
– |
Anti-DLL3/CD3/CD137
trispecific antibody Antibody (IV) |
– |
|
|
ROSE12
in-house |
–
– |
Solid tumors |
Global |
– |
Anti-CTLA-4 Switch antibody
Antibody (IV) |
– |
|
|
MINT91
in-house |
–
– |
Solid tumors |
Global |
– |
–
Small molecule (Oral) |
– |
|
|
AUBE00
In-house |
–
– |
Solid tumors |
Global |
– |
Pan-KRAS inhibitor Macrocyclic peptide (Oral) |
– |
|
|
RG7421
Roche |
cobimetinib
– |
Solid tumors |
Japan |
– |
MEK inhibitor
Small molecule (Oral) |
– |
|
|
RG6160
Roche |
cevostamab
– |
Relapsed or refractory multiple myeloma |
Japan |
– |
Anti-FcRH5/CD3 bispecific antibody
Antibody (IV) |
– |
|
|
DONQ52
in-house |
–
– |
Celiac disease |
Global |
– |
Anti-HLA-DQ2.5/gluten peptides multispecific antibody
Antibody (SC) |
– |
|
|
RAY121
in-house |
–
– |
Autoimmune disease |
Global |
– |
Anti-C1s recycling antibody
Antibody (SC) |
– |
|
|
RG7935
Roche |
prasinezumab
– |
Parkinson’s disease |
Japan |
– |
Anti-α-synuclein
monoclonal antibody Antibody (IV) |
– |
|
|
REVN24
in-house |
–
– |
Acute diseases |
Global |
– |
–
Small molecule (IV) |
– |
|
|
RAY121
in-house |
–
– |
– |
Global |
– |
Anti-C1s recycling antibody
Antibody (-) |
– |
|
|
Development Discontinued |
|||||||
|
Development code Licensor |
Generic name Product name |
Indication
# Additional indication (Combination drug) |
Country/region |
Development stage |
Mode of Action Modality (Dosage form) |
Partner |
|
|
RG7446
Roche |
atezolizumab Tecentriq |
HCC (2nd Line) # (lenvatinib or sorafenib) |
Japan |
Phase III |
Engineered anti-PD-L1 monoclonal antibody Antibody (IV) |
Roche |
|
|
GYM329/RG6237
in-house |
emugrobart
– |
Spinal muscular atrophy (SMA)
(Evrysdi) |
Global |
Phase II/III |
Anti-latent myostatin sweeping antibody Antibody (SC) |
Roche |
|
|
Facioscapulohumeral muscular dystrophy (FSHD) |
Global |
Phase II |
|||||
|
SA237/RG6168
in-house |
satralizumab Enspryng |
Duchenne muscular dystrophy (DMD) # |
Global |
Phase II |
pH-dependent binding humanized anti-IL-6 receptor monoclonal antibody
Antibody (SC) |
Roche |
|
In principle, completion of first dose is regarded as pipeline entry into each phase of clinical studies. The treatment lines and target segments described in the indication section are based on the currently ongoing clinical trials and do not represent the final wording on the package insert.
*Removed from the pipeline at the FY2026.12 Q1 Financial Results announcement ** Sarepta manages the global study including Japan ***The medical device component (ocular implant and ancillary devices) was filed in Japan in March 2026
Changes from the last announcement on January 29, 2026
Oncology
-RG7828 Filed (Relapsed or refractory large B-cell lymphoma (combination with Polivy)) → Approved
-RG6114 Phase III (PIK3CA-mutated, HER2-positive breast cancer (1st Line) (combination with Phesgo): development started)
-RG6114 Phase III (PIK3CA-mutated breast cancer (endocrine-sensitive) (1st Line) (combination with CDK4/6 inhibitor and letrozole): development started)
-RG7446 Phase III (HCC (2nd Line) (combination with lenvatinib or sorafenib)) → Development discontinued Neuroscience
-GYM329/RG6237 Phase II/III (Spinal muscular atrophy (SMA) (combination with Evrysdi)) → Development discontinued
-GYM329/RG6237 Phase II (Facioscapulohumeral muscular dystrophy (FSHD)) → Development discontinued
-Enspryng Phase II (Duchenne muscular dystrophy (DMD)) → Development discontinued
Development Pipeline [Attached table]
(Major Chugai originated projects licensed out to 3rd parties excluding Roche) (as of March 31, 2026)
|
Development code licensee/In-house |
Generic name Product name |
Indication
# Additional Indication (combination) |
Stage Country/region |
Mode of Action Modality (Dosage form) |
Licensee (Granted rights ) |
|
VS-6766/CKI27 |
avutometinib AVMAPKI |
KRAS-mutated recurrent low-grade serous ovarian cancer (LGSOC) (defactinib) |
Phase III
Overseas, U.S. |
RAF/MEK clamp Small molecule (Oral) |
Verastem Oncology
(exclusive global license for the manufacturing, development and marketing) |
|
Phase II Japan |
|||||
|
Metastatic pancreatic ductal adenocarcinoma (mPDAC) (1st line) (defactinib+chemotherapy) |
Phase I/II U.S. |
||||
|
– /CIM331 |
nemolizumab NEMLUVIO |
Chronic pruritus of unknown origin (CPUO) |
Phase II
Overseas |
Anti-IL-31 receptor A humanized monoclonal antibody
Antibody (SC) |
Galderma
(exclusive global license for the development and marketing excluding Japan) |
|
LY3502970/OWL833 |
orforglipron
– |
Type 2 diabetes |
Phase III Global Filed
EU |
Oral non-peptidic GLP-1 receptor agonist
Small molecule (Oral) |
Eli Lilly and Company (worldwide development and commercialization rights) |
|
Obesity |
Phase III Global Filed
U.S., EU, Japan |
||||
|
Obstructive sleep apnea |
Phase III Global |
||||
|
Hypertension |
Phase III Global |
||||
|
Osteoarthritis |
Phase III Global |
||||
|
Stress urinary incontinence |
Phase III Global |
|
Investigation of the effect of orforglipron on the incidence of major adverse cardiovascular events* |
Phase III Global |
||||
|
Peripheral arterial disease |
Phase III Global |
||||
|
AP306/EOS789 |
–
– |
Hyperphosphatemia |
Phase II China |
Oral inhibitor of phosphate transporters Small molecule (Oral) |
Alebund Pharmaceuticals (exclusive global license for the manufacturing, development and marketing) |
The treatment lines and target segments described in the indication section are based on the currently ongoing clinical trials and do not represent the final wording on the package insert.
*In Participants with established atherosclerotic cardiovascular disease and/or chronic kidney disease
Progress made in R&D activities of major Chugai originated projects licensed out to 3rd party excluding Roche during the period from January 1, 2026 to March 31, 2026 was as follows.
– Eli Lilly and Company started a global Phase III study for the oral non-peptidic GLP-1 receptor agonist LY3502970/OWL833 (orforglipron) for the treatment of peripheral arterial disease in Q1 2026. In addition, it has filed for approval to the European Medicines Agency for the treatment of type 2 diabetes and obesity in Q1 2026.
Response to Requests from the MHLW Review Committee on Unapproved Drugs and Indications with High Medical Needs (As of March 31, 2026)
|
Development Request |
Product |
Indication |
Development Status |
|
Fourth development request |
Xeloda* |
Neuroendocrine tumor |
Submitted company opinion and waiting for evaluation by committee |
|
Avastin |
Cerebral edema induced by radiation necrosis |
Submitted company opinion and waiting for evaluation by committee |
|
|
Mircera |
Anemia associated with chronic kidney disease (CKD) in pediatric patients 3 months of age and older |
Submitted company opinion and waiting for evaluation by committee |
*Transferred the marketing authorization holder to CHEPLAPHARM K.K. as of February 1, 2024
Major Clinical Trials
|
Project |
Expected indication |
Study design |
Study name |
Stage |
CT information |
|
Oncology |
|||||
|
AF802/RG7853
(Alecensa) |
Maintenance treatment of NSCLC (stage III) after chemoradiotherapy |
ALK fusion-positive: Alecensa vs. durvalumab |
HORIZON01 |
Phase III |
NCT05170204 |
|
RG7446
(Tecentriq) |
HCC (intermediate stage) |
Tecentriq + Avastin + TACE vs. TACE |
TALENTACE |
Phase III |
NCT04712643 |
|
RG6171/SERD
(giredestrant) |
Breast cancer (adjuvant) |
HR positive: RG6171 vs. endocrine therapy |
lidERA |
Phase III |
NCT04961996 |
|
Breast cancer [1st line] |
HR positive: RG6171 + palbocicilib vs. letrozole + palbocicilib |
persevERA |
Phase III |
NCT04546009 |
|
|
Breast cancer [1st line-3rd line] |
HR positive: RG6171 + everolimus vs. endocrine therapy+ everolimus |
evERA |
Phase III |
NCT05306340 |
|
|
RG7828
(Lunsumio) |
Follicular lymphoma [2nd line] |
Lunsumio + lenalidomide vs. Rituxan + lenalidomide |
CELESTIMO |
Phase III |
NCT04712097 |
|
Previously untreated follicular lymphoma |
Lunsumio + lenalidomide vs. Rituxan + chemotherapy |
– |
Phase III (domestic) |
jRCT2011240017 |
|
|
RG6026
(glofitamab) |
Previously untreated large B-cell lymphoma |
RG6026 + Polivy + Rituxan + chemotherapy vs. Polivy + Rituxan + chemotherapy |
SKYGLO |
Phase III |
NCT06047080 |
|
Relapsed or refractory diffuse large B-cell lymphoma |
RG6026 + gemcitabine + oxaliplatin (GemOx) (single arm) |
– |
Phase II (domestic) |
jRCT2051250036 |
|
|
Relapsed or refractory mantle cell lymphoma |
RG6026 (single arm) |
||||
|
RG6330
(divarasib) |
NSCLC [2nd line] |
RG6330 vs. sotorasib or adagrasib |
Krascendo 1 |
Phase III |
NCT06497556 |
|
NSCLC [1st line] |
RG6330 + pembrolizumab vs. pembrolizumab +chemotherapy |
Krascendo 2 |
Phase III |
NCT06793215 |
|
|
RG6114
(inavolisib) |
PIK3CA-mutated, HER2-positive breast cancer (1st Line) |
RG6114 + Phesgo vs Placebo + Phesgo |
INAVO122 |
Phase III |
NCT05894239 |
|
PIK3CA-mutated breast cancer (endocrine-sensitive) (1st Line) |
RG6114 + CDK4/6 Inhibitor + letrozole vs Placebo + CDK4/6 Inhibitor + letrozole |
INAVO123 |
Phase III |
NCT06790693 |
|
|
PIK3CA-mutated breast cancer (endocrine-resistant) |
RG6114 + palbociclib + fulvestrant (single arm) |
– |
Phase I/II (domestic) |
jRCT2031250161 |
|
|
Immunology |
|||||
|
RG7159
(Gazyva) |
Lupus nephritis |
Standard of care treatment ± Gazyva |
– |
Phase III (domestic) |
jRCT2011210059 |
|
Project |
Expected indication |
Study design |
Study name |
Stage |
CT information |
|
Nephrotic syndrome |
Gazyva vs. MMF |
INShore |
Phase III |
NCT05627557 |
|
|
Extra renal lupus |
Gazyva vs. Placebo |
– |
Phase III (domestic) |
jRCT2071230031 |
|
|
RG6299
(sefaxersen) |
IgA nephropathy |
RG6299 vs. Placebo |
IMAGINATION |
Phase III |
NCT05797610 |
|
RG6631
(afimkibart) |
Ulcerative colitis |
RG6631 vs. Placebo |
Ametrine-1 |
Phase III |
NCT06589986 |
|
Crohn’s disease |
RG6631 vs. Placebo |
SIBERITE-1 |
Phase III |
NCT06819878 |
|
|
sparsentan |
IgA nephropathy |
sparsentan (single arm) |
– |
Phase III
(domestic) |
jRCT2051240070 |
|
Neuroscience |
|||||
|
SA237/RG6168
(Enspryng) |
Myelin oligodendrocyte glycoprotein antibody-associated disease (MOGAD) |
Enspryng vs. Placebo |
METEOROID |
Phase III |
NCT05271409 |
|
Autoimmune encephalitis (AIE) |
Enspryng vs. Placebo |
CIELO |
Phase III |
NCT05503264 |
|
|
RG6356/SRP-9001
(delandistrogene moxeparvovec) |
Duchenne muscular dystrophy (DMD) (non-ambulatory) |
RG6356 vs. Placebo |
ENVISION |
Phase III |
NCT05881408 |
|
RG6102
(trontinemab) |
Alzheimer’s disease |
RG6102 vs. Placebo |
TRONTIER 1/ TRONTIER 2 |
Phase III |
NCT07169578 NCT07170150 |
|
Hematology |
|||||
|
SKY59/RG6107
(PiaSky) |
Atypical hemolytic uremic syndrome (aHUS) |
PiaSky (single arm) |
COMMUTE-a |
Phase III |
NCT04861259 |
|
PiaSky (single arm) |
COMMUTE-p |
Phase III |
NCT04958265 |
||
|
ACE910/RG6013
(Hemlibra) |
Type 3 von Willebrand disease |
Hemlibra vs. On-demand therapy (standard of care treatment) |
WILL-EMI |
Phase III |
NCT06998524 |
|
Ophthalmology |
|||||
|
SA237/RG6168
(Enspryng) |
Thyroid eye disease (TED) |
Enspryng vs. Placebo |
SatraGO-1/ SatraGO-2 |
Phase III |
NCT05987423 NCT06106828 |
|
RG6179
(vamikibart) |
Noninfectious uveitic macular edema |
RG6179 vs. sham |
Sandcat |
Phase III |
NCT05642325 |
|
Project |
Expected indication |
Study design |
Study name |
Stage |
CT information |
|
RG7716
(Vabysmo) |
Non-proliferative diabetic retinopathy |
RG7716 vs. sham |
AZUSA |
Phase III (domestic) |
jRCT2071250009 |
|
RG6321
(ranibizumab (Port Delivery Platform with ranibizumab)) |
Neovascular age-related macular degeneration / Diabetic macular edema |
RG6321 (single arm) |
TEIEN |
Phase I/II (domestic) |
jRCT2071210073 |
|
Other diseases |
|||||
|
RG6615
(zilebesiran) |
Hypertension |
RG6615 vs. Placebo |
ZENITH |
Phase III |
NCT07181109 |
The treatment lines and target segments described in the indication section are based on the currently ongoing clinical trials and do not represent the final wording on the package insert.
Clinical Trials of In-House Developed Projects
Excluding projects listed in Major Clinical Trials among the projects listed in the development pipeline. Only clinical trials led by Chugai or Roche are listed.
|
Project |
Expected indication |
Stage |
Enrollment*
as of March 31, 2026 |
Study start |
CT information |
|
Oncology |
|||||
|
GC33 |
HCC |
Phase I |
27 |
November, 2008 |
NCT00746317 |
|
Phase I |
42 |
October, 2009 |
NCT00976170 |
||
|
Phase I (domestic) |
18 |
October, 2010 |
jRCT2080221218 |
||
|
Phase II |
185 |
May, 2012 |
NCT01507168 |
||
|
Phase I |
27 |
August, 2016 |
jRCT2080223270 |
||
|
ALPS12
(clesitamig) |
Solid tumors |
Phase I |
122 |
October, 2025 |
NCT07107490 |
|
ROSE12 |
Solid tumors |
Phase Ia/Ib |
219 |
June, 2023 |
NCT05907980 |
|
MINT91 |
Solid tumors |
Phase I |
122 |
April, 2025 |
jRCT2031240713 |
|
AUBE00 |
Solid tumors |
Phase I |
130 |
June, 2025 |
jRCT2031250094 |
|
Immunology |
|||||
|
DONQ52 |
Celiac disease |
Phase Ia/Ib |
56 |
September, 2022 |
NCT05425446 |
|
Phase Ic |
63 |
July, 2024 |
ACTRN12624000316505 |
||
|
RAY121 |
Autoimmune disease |
Phase Ib |
144 |
August, 2024 |
NCT06723106 |
|
Project |
Expected indication |
Stage |
Enrollment*
as of March 31, 2026 |
Study start |
CT information |
|
Hematology |
|||||
|
NXT007/RG6512 |
Hemophilia A |
Phase I/II (domestic) |
124 |
August, 2019 |
jRCT2080224835 |
|
Phase I
(domestic) (only healthy adults) |
30 |
May, 2022 |
jRCT2031220050 |
||
|
Phase I/II |
60 |
October, 2023 |
NCT05987449 |
||
|
Other diseases |
|||||
|
REVN24 |
Acute diseases |
Phase I
(domestic) (only healthy adults) |
210 |
October, 2023 |
jRCT2071230074 |
|
RAY121 |
– |
Phase I
(only healthy adults) |
36 |
March, 2025 |
2024-515151-38-00 |
|
GYM329/RG6237
(emugrobart) |
Obesity |
Phase II |
285 |
May, 2025 |
NCT06965413 |
* The number of enrollments is listed based on public information and generally refers to estimations or actual results.
FoundationOne CDx Cancer Genomic Profile: companion diagnostic indications (as of March 31, 2026)
|
Alterations |
Cancer type |
Relevant drugs |
|
Activating EGFR alterations |
NSCLC |
afatinib, erlotinib, gefitinib, osimertinib, dacomitinib |
|
EGFR exon 20 T790M alteration |
osimertinib |
|
|
ALK fusion genes |
alectinib, crizotinib, ceritinib, brigatinib |
|
|
ROS1 fusion genes |
entrectinib |
|
|
MET exon 14 skipping alterations |
capmatinib |
|
|
BRAF V600E and V600K alterations |
Malignant melanoma |
dabrafenib, trametinib, vemurafenib, encorafenib, binimetinib |
|
BRAF V600 alterations and BRAF fusion genes |
Glioma |
tovorafenib |
|
ERBB2 copy number alterations (HER2 gene amplification positive) |
Breast cancer |
trastuzumab |
|
AKT1 alterations |
capivasertib |
|
|
PIK3CA alterations |
|
PTEN alterations |
||
|
KRAS/NRAS wildtype |
Colorectal cancer |
cetuximab, panitumumab |
|
Microsatellite instability-high |
nivolumab |
|
|
Microsatellite instability-high |
Solid tumors |
pembrolizumab |
|
Tumor mutational burden-high |
pembrolizumab |
|
|
NTRK1/2/3 fusion genes |
entrectinib, larotrectinib, repotrectinib |
|
|
RET fusion genes |
selpercatinib |
|
|
ALK fusion genes |
alectinib |
|
|
BRCA1/2 alterations |
Ovarian cancer |
olaparib |
|
BRCA1/2 alterations |
Prostate cancer |
olaparib, talazoparib |
|
FGFR2 fusion genes |
Biliary tract cancer |
pemigatinib |
* Underlined are the companion diagnostic features and relevant drugs currently under application for regulatory approval, or in the process of completing approval related procedures.
FoundationOne Liquid CDx Cancer Genomic Profile: companion diagnostic indications (as of March 31, 2026)
|
Alterations |
Cancer type |
Relevant drugs |
|
Activating EGFR alterations |
NSCLC |
afatinib, erlotinib, gefitinib, osimertinib |
|
EGFR exon 20 T790M alteration |
osimertinib |
|
|
ALK fusion genes |
alectinib, crizotinib, ceritinib |
|
|
ROS1 fusion genes |
entrectinib |
|
|
MET exon 14 skipping alterations |
capmatinib |
|
|
NTRK1/2/3 fusion genes |
Solid tumors |
entrectinib |
|
BRCA1/2 alterations |
Prostate cancer |
olaparib |
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Disclaimer
Chugai Pharmaceutical Co. Ltd. published this content on April 24, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on April 24, 2026 at 08:09 UTC.
Chugai Pharmaceutical Co Ltd is a Japan-based company mainly engaged in the research, development, manufacture, sale, import and export of pharmaceutical products. The pharmaceutical products and medical devices for patients include ACTEMRA, Avastin, ALAGLIO, Aresensa, Kadosaira, Gazaiba, Seruseputo, Zeruborafu, Zeroda, Taruseba, Tecentoriku, Pajeta and other products. The products are mainly applied to the treatment of cancer, kidney diseases, kidney transplantation, bone and joint diseases such as rheumatoid arthritis, osteoporosis, knee osteoarthritis and locomotive syndrome, influenza, hemophilia and other diseases. The Company is also engaged in the provision of management services, transportation and storage services, as well as drug information literature research services. The Company operates within the domestic market and to overseas markets, including Switzerland, United Kingdom, Germany, France, China, Singapore, Korea and the United States.

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