EisaiEisai Co., Ltd.4523東証プライム医薬品FY ending Mar 2024, consolidated, IFRS

Eisai FY ending Mar 2024 results

Eisai brought in ¥741.8B in revenue.

Out of every ¥100 of sales, about ¥7 is left as operating profit.

Revenue changed -0.4% from the prior year, operating profit +33.4%.

Revenue and profit pattern

Revenue down, profit up

Revenue -0.4% · profit +33.4%, calculated from disclosed figures.

Operating leverage: -93.75× (profit growth ÷ revenue growth)

What changed from last year

FY ending Mar 2023 → FY ending Mar 2024

Revenue
-0.4%¥744.4B → ¥741.8B
Operating income
+33.4%¥40B → ¥53.4B
Net income attributable to owners
-23.5%¥55.4B → ¥42.4B
Operating cash flow
Back to profit-¥1.77B → ¥56B

Results at a glance

  • Sales stood still in FY ending Mar 2024 at ¥741.8B (-0.4%), but the profit lines split apart.
  • Operating income rose from ¥40B to ¥53.4B (+33.4%). Net income did the opposite, sliding from ¥55.4B to ¥42.4B (-23.5%).
  • Cash from operations turned around too: an outflow of -¥1.77B the year before became an inflow of ¥56B.

Things to watch

  • Once patents or data protection lapse on drugs such as Lenvima, generics can move in and sales can fall fast.
  • Eisai already cut prices in China to get Lenvima onto the reimbursement list and when Methycobal fell under central purchasing; along with Japan's regular price cuts, this could happen again.
  • A disagreement with a partner like Merck & Co. over contract terms could end the alliance.

Annual securities report (114th term) / 事業等のリスク · Annual securities report (114th term) / 経営方針、経営環境及び対処すべき課題等

Where the money goes

FY ending Mar 2023 → FY ending Mar 2024

※ Cost of revenue is not disclosed; expenses are combined

Where ¥100 of sales goes

For every ¥100 Eisai sells, how much goes where, and how much is kept.

FY ending Mar 2024
Operating costs
¥93
Operating profit
¥7
Net profit kept
¥6

Annual margin trends

Operating margin7.2%
FY ending Mar 2017: 11.0%11.0%FY ending Mar 2018: 12.9%12.9%FY ending Mar 2019: 13.4%13.4%FY ending Mar 2022: 7.1%7.1%FY ending Mar 2023: 5.4%5.4%FY ending Mar 2024: 7.2%7.2%FY17FY18FY19FY22FY23FY24
Net margin5.7%
FY ending Mar 2017: 7.3%7.3%FY ending Mar 2018: 8.6%8.6%FY ending Mar 2019: 9.9%9.9%FY ending Mar 2022: 6.3%6.3%FY ending Mar 2023: 7.4%7.4%FY ending Mar 2024: 5.7%5.7%FY17FY18FY19FY22FY23FY24

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Sources

Show source documents (4)
  • EDINET (FSA Japan)

    有価証券報告書-第114期(2025/04/01-2026/03/31)

    ID S100YB052026-06-12Open
  • EDINET (FSA Japan)

    有価証券報告書-第111期(2022/04/01-2023/03/31)

    ID S100R09Z2023-06-21Open
  • EDINET (FSA Japan)

    有価証券報告書-第110期(令和3年4月1日-令和4年3月31日)

    ID S100O9U72022-06-17Open
  • EDINET (FSA Japan)

    有価証券報告書-第109期(令和2年4月1日-令和3年3月31日)

    ID S100LKNM2021-06-18Open

Extracted from XBRL: 11 / Derived from other figures: 1

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