Q2 2019 Otsuka Holdings Co Ltd Earnings Presentation Transcript

Aug 08, 2019 / 06:00AM GMT

Release Date Price: $36.16

Transcript

Yuko Makino

Otsuka Holdings Co., Ltd. - CFO & Director

Let me explain our consolidated financial results FY 2019 for second quarter. Please look at page 3. I will cover these 4 topics today. First, let me give you an outline of consolidated financial results of the second quarter of FY 2019. Sales of 4 global products of the pharmaceutical segment increased by 36.6% year-on-year and exceeded FY 2019 forecast with its progress rate at 105.6%, significantly contributing to total revenue growth. Business profit before R&D expenses grew by 25.9% year-on-year, also exceeding FY 2019 forecast with progress rate at 108.6%.

In addition, R&D investment towards sustainable growth increased by 14.6% year-on-year, with clinical trials progressing as

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