Daiichi Sankyo Co Ltd (MEX:4568)

MXN 616.78 0 (0%) Market Cap: 1.29 Til Enterprise Value: 1.14 Til PE Ratio: 42.98 PB Ratio: 5.83 GF Score: 93/100

Q1 2023 Daiichi Sankyo Co Ltd Earnings Call Transcript

Jul 29, 2022 / 06:00AM GMT

Transcript

Hiroyuki Okuzawa

Daiichi Sankyo Company, Limited - Senior Executive Officer, Global Head of Corporate Planning & Management Div., CFO and Director

Okuzawa speaking. Thank you very much for joining Daiichi Sankyo's financial results presentation out of your very busy schedule today. I'm going to explain our FY 2022 first quarter financial results we announced at 1 p.m. on Friday, July 29, Japan time based on our presentation materials.

Please turn to Page 3. Today, I'm going to cover FY 2022 first quarter consolidated financial results and business update in that order. Then Wataru Takasaki, R&D Division Head, will explain R&D update. We will entertain your questions at the end.

Please turn to Page 4. This is an overview of FY 2022 first quarter consolidated results. Revenue increased by JPY 16.2 billion or 6.2% year-on-year to JPY 280.3 billion. Cost of sales decreased by JPY 10.5 billion from the previous year. SG&A expenses rose by JPY 15.1 billion and R&D expenditure increased by JPY 20.9 billion year-on-year. As a result, core operating profit decreased by JPY 9

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