Kyowa KirinKyowa Kirin Co.,Ltd.4151東証プライム医薬品FY ending Dec 2025, consolidated, IFRS

Kyowa Kirin FY ending Dec 2025 results

Kyowa Kirin brought in ¥496.8B in revenue.

Out of every ¥100 of sales, about ¥41 is left as operating profit.

Revenue changed +0.3% from the prior year.

What changed from last year

FY ending Dec 2024 → FY ending Dec 2025

Revenue
+0.3%¥495.6B → ¥496.8B
Gross profit
+1.6%¥362.9B → ¥368.9B
Net income attributable to owners
+12.0%¥59.9B → ¥67B
Operating cash flow
+42.3%¥67.9B → ¥96.6B
Free cash flow
Back to profit-¥37.4B → ¥13.1B

Results at a glance

  • Revenue for the FY ending Dec 2025 was ¥496.8B, almost unchanged from ¥495.6B (+0.3%).
  • Growth from newer drugs overseas and higher licensing income was offset by the restructuring of its Asia business and drug price cuts in Japan.
  • Net income rose +12.0% to ¥67B. Operating cash flow climbed to ¥96.6B (+42.3%), and free cash flow turned positive at ¥13.1B after a negative prior year.

What drove the change

  • Its own drugs such as Crysvita and Poteligeo grew in North America and Europe
  • Licensing income rose on higher royalties from AstraZeneca and an upfront payment from Boehringer Ingelheim
  • The Asia restructuring, Japanese price cuts and the end of the Dovobet sales partnership held revenue back
  • Lower SG&A and R&D spending lifted profit

Things to watch

  • Growing pressure on healthcare spending worldwide and harder drug development
  • Cyberattacks that could stop systems or leak data
  • Manufacturing or quality problems that could disrupt supply

Annual Securities Report (FY ending Dec 2025) / 経営者による財政状態、経営成績及びキャッシュ・フローの状況の分析 · Annual Securities Report (FY ending Dec 2025) / 事業等のリスク

Where the money goes

FY ending Dec 2024 → FY ending Dec 2025

※ Operating income is not disclosed; the chart goes straight to pretax income including investment gains

Where ¥100 of sales goes

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

FY ending Dec 2025
Cost of sales
¥26
SG&A
¥33
Operating profit
¥41
Net profit kept
¥13

* This company does not report operating income, so it is calculated as gross profit minus SG&A. Equity-method income and dividends are not included, so net profit can be larger.

Annual margin trends

Gross margin74.2%
FY ending Dec 2020: 74.7%74.7%FY ending Dec 2021: 75.1%75.1%FY ending Dec 2022: 78.2%78.2%FY ending Dec 2023: 74.9%74.9%FY ending Dec 2024: 73.2%73.2%FY ending Dec 2025: 74.2%74.2%FY20FY21FY22FY23FY24FY25
Net margin13.5%
FY ending Dec 2020: 14.8%14.8%FY ending Dec 2021: 14.9%14.9%FY ending Dec 2022: 13.4%13.4%FY ending Dec 2023: 18.4%18.4%FY ending Dec 2024: 12.1%12.1%FY ending Dec 2025: 13.5%13.5%FY20FY21FY22FY23FY24FY25

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

Sources

Show source documents (6)
  • EDINET (FSA Japan)

    有価証券報告書-第103期(2025/01/01-2025/12/31)

    ID S100XPTY2026-03-10Open
  • EDINET (FSA Japan)

    有価証券報告書-第102期(2024/01/01-2024/12/31)

    ID S100VDMK2025-03-11Open
  • EDINET (FSA Japan)

    有価証券報告書-第101期(2023/01/01-2023/12/31)

    ID S100T1DP2024-03-12Open
  • EDINET (FSA Japan)

    有価証券報告書-第100期(2022/01/01-2022/12/31)

    ID S100QCX22023-03-09Open
  • EDINET (FSA Japan)

    有価証券報告書-第99期(令和3年1月1日-令和3年12月31日)

    ID S100NMKA2022-03-08Open
  • EDINET (FSA Japan)

    有価証券報告書-第98期(令和2年1月1日-令和2年12月31日)

    ID S100KWXR2021-03-09Open

Extracted from XBRL: 42 / Derived from other figures: 1

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