EX-99.2 3 dex992.htm PRESS RELEASE Press Release
Table of Contents

Exhibit 99.2


Table of Contents

LOGO

Reference Data

(1Q of FY2006) - July 31, 2006

 

1

   Summary of Financial Statement    1

2

   Status in R&D Pipeline    1

3

   Main Prescription drug sales    2

4

   Consolidated sales of Global Products    3

5

   OTC drug sales    3

6

   Consolidated Segment information-Business    4

7

   Consolidated Segment information-Area    4
   Segment Information (Reference)    5

DAIICHISANKYO CO., LTD.

http://www.daiichisankyo.co.jp/


Table of Contents

1. Summary of Financial Statement

million yen

 

     FY2005     FY2006  
     1Q*     progress
(%)
    1st half     Full year     1Q     progress
(%)
   

1st half

Estimate
issued in May

    1st half
Estimate
   

Difference
from
Estimate

in May

   

Full year

Estimate
issued in May

    Full year
Estimate
 
Change                <0.6>     <1.0>     <17.0>           <4.0>     <6.2>           <-6.6>     <-5.5>  

Net sales

   231,148     51.2 %   451,808     925,918     270,549     57.6 %   470,000     480,000     10,000     865,000     875,000  

Cost of sales

   72,511     51.3 %   141,296     290,735     73,589     55.2 %   133,400     136,800     3,400     234,200     237,600  

Cost of sales ratio

   31.4 %     31.3 %   31.4 %   27.2 %     28.4 %   28.5 %   —       27.1 %   27.2 %

Selling, general and administrative expenses

   110,986     48.2 %   230,166     480,454     136,167     48.4 %   281,600     278,200     (3,400 )   522,800     519,400  

SG&A ratio

   48.0 %     50.9 %   51.9 %   50.3 %     59.9 %   58.0 %   —       60.4 %   59.4 %

Research and development expenses

   35,333     48.7 %   72,528     158,716     37,933     43.6 %   87,000     87,000     0     167,000     167,000  

R&D ratio

   15.3 %     16.1 %   17.1 %   14.0 %     18.5 %   18.1 %   —       19.3 %   19.1 %
Change                <8.3>     <9.7>     <27.6>           <-31.5>     <-19.1>           <-30.2>     <-23.7>  

Operating income

   47,650     59.3 %   80,345     154,728     60,792     110.5 %   55,000     65,000     10,000     108,000     118,000  

/ Net sales

   20.6 %     17.8 %   16.7 %   22.5 %     11.7 %   13.5 %   —       12.5 %   13.5 %
Change                <8.4>     <14.2>     <35.8>           <-27.4>     <-12.9>           <-28.0>     <-20.5>  

Ordinary income

   49,952     60.4 %   82,642     159,714     67,842     113.1 %   60,000     72,000     12,000     115,000     127,000  

/ Net sales

   21.6 %     18.3 %   17.2 %   25.1 %     12.8 %   15.0 %   —       13.3 %   14.5 %
Change                <1.5>     <2.6>     <51.7>           <-23.2>     <-7.0>           <-46.4>     <-37.3>  

Net income

   31,642     64.0 %   49,450     87,692     48,001     126.3 %   38,000     46,000     8,000     47,000     55,000  

/ Net sales

   13.7 %     10.9 %   9.5 %   17.7 %     8.1 %   9.6 %     5.4 %   6.3 %

* The amounts for the first quarter of fiscal 2005 are simple totals of the figures of the Sankyo Group and the Daiichi Pharmaceutical Group.

 

  The accounting period of DAIICHI SANKYO INC. (DSI) and Luitpold Pharmaceuticals Inc. (LPI), both of which are overseas subsidiaries of the DAIICHI SANKYO Group, is 15 months from January 2006 to March 2007. This is due to an adjustment made to the accounting period. Therefore, for these two companies, the accounting period for the first quarter is from January to June 2006.

 

  For the first half of fiscal 2006, an earnings forecast was made equaling half of the annual sales/profit for non-pharmaceutical operations operating as independent businesses outside of the DAIICHI SANKYO Group.

 

  In fiscal 2006, Zepharma Inc., Taiwan Sankyo Ltd. And Shanghai Sankyo Pharmaceuticals Ltd., were made consolidated subsidiaries of DAIICHI SANKYO CO., LTD. In the case of the share acquisition of Zepharma Inc., intangible assets and goodwill be amortized over a period of 10 years.

2. Status in R&D Pipeline (Change from the announcement of May 2006)

Development Stage

 

Development Code Number

  

Before Change

  

After Change

  

Remarks

DZ-697b

  

Japan:P-1 preparation

  

Japan:P-1

  

anti-platelet agent

CS-866AZ

  

Japan:P-2

  

Japan:P-3

   antihypertensive drug (olmesartan/azelnidipine combination)

CS-3030

  

US/EU:P-1 preparation

  

US/EU:P-1

  

oral factor Xa inhibitor

CS-1008

  

US/EU:P-1 preparation

  

US/EU:P-1

  

anti-cancer drug(anti-DR5 antibody)

 

1


Table of Contents

3. Main Prescription drug sales

million yen

 

     FY2006  
     1Q     Change     Progress    

1st half
Estimate

issued in May

    Change     1st half
Estimate
    Change    

Full year
Estimate

issued in May

    Change    

Full year

Estimate

 

Japan

                    

Cardiovascular

                    

Mevalotin

   17,800     -10.5 %   51.7 %   34,500     -10.4 %   33,500     (1,000 )   68,200     -9.3 %   67,200  

Panaldine

   7,200     -11.2 %   67.9 %   10,600     -27.9 %   10,600     ±0.0     19,700     -30.4 %   19,700  

Artist

   5,200     5.0 %   56.5 %   9,200     1.1 %   9,200     ±0.0     18,800     3.3 %   18,800  

Sunrythm

   3,200     -3.5 %   57.1 %   5,600     -6.7 %   5,600     ±0.0     11,300     -5.0 %   11,300  

Acecol

   2,200     -12.4 %   61.1 %   3,600     -25.0 %   3,600     ±0.0     7,300     -19.8 %   7,300  

Olmetec

   9,800     102.4 %   58.6 %   16,800     68.0 %   19,300     2,500     35,400     38.3 %   37,900  

Coversyl

   1,900     -22.3 %   52.8 %   3,600     -20.0 %   3,600     ±0.0     7,100     -15.5 %   7,100  

Hanp

   2,400     10.9 %   60.0 %   4,000     2.6 %   4,000     ±0.0     9,200     7.0 %   9,200  

Calblock

   2,100     55.0 %   48.8 %   4,300     43.3 %   4,300     ±0.0     9,200     43.8 %   9,200  

Livalo

   1,200     20.7 %   48.0 %   2,500     25.0 %   2,500     ±0.0     5,600     36.6 %   5,600  

Glucose metabolic

                    

Fastic

   1,400     -0.1 %   50.0 %   2,800     3.7 %   2,800     ±0.0     5,700     7.5 %   5,700  

Infection

                    

Cravit

   11,600     -13.2 %   53.0 %   21,900     -7.2 %   21,900     ±0.0     47,600     -5.2 %   47,600  

Carbenin

   1,500     -22.3 %   45.5 %   3,300     -2.9 %   3,300     ±0.0     6,400     1.6 %   6,400  

Banan

   1,100     1.6 %   52.4 %   2,100     5.0 %   2,100     ±0.0     4,200     -4.5 %   4,200  

Cancer

                    

Topotecin

   1,300     3.2 %   49.1 %   2,650     6.0 %   2,650     ±0.0     5,550     15.6 %   5,550  

Immunological allergic

                    

Zyrtec

   2,900     -16.7 %   56.3 %   5,150     -8.0 %   5,150     ±0.0     11,250     -10.7 %   11,250  

Bone/Joint

                    

Loxonin

   8,000     6.9 %   56.7 %   14,100     -1.4 %   14,100     ±0.0     28,500     -1.7 %   28,500  

Mobic

   2,900     -0.9 %   52.7 %   5,500     1.9 %   5,500     ±0.0     11,100     4.7 %   11,100  

Miltax

   1,400     -9.2 %   48.3 %   2,900     -6.5 %   2,900     ±0.0     5,500     -8.3 %   5,500  

Others

                    

Omnipaque

   8,400     -12.2 %   54.2 %   15,500     -13.9 %   15,500     ±0.0     29,600     -14.7 %   29,600  

Kremezin

   3,100     -7.3 %   50.8 %   6,100     -7.6 %   6,100     ±0.0     12,400     -4.6 %   12,400  

Zantac

   1,700     -15.4 %   50.0 %   3,400     -12.8 %   3,400     ±0.0     6,600     -10.8 %   6,600  

Omniscan

   1,400     -4.7 %   53.8 %   2,600     -7.1 %   2,600     ±0.0     5,100     -5.6 %   5,100  

Evoxac

   300     2.2 %   42.9 %   700     ±0.0 %   700     ±0.0     1,450     11.5 %   1,450  

Exports

                    

Pravastatin

   6,900     -62.9 %   68.1 %   10,200     -73.6 %   12,000     1,800     19,200     -70.2 %   21,000  

Levofloxacin

   7,600     -6.3 %   49.7 %   15,300     2.7 %   15,300     ±0.0     30,300     2.7 %   30,300  

*Overseas

                    

DSI*

                    

Benicar/Benicar HCT**

   35,600     —       70.7 %   50,400     121.1 %   51,300     900     87,000     73.0 %   87,900  

(mil $)

   (307 )   —       70.3 %   (438 )   103.7 %   (446 )   (8 )   (757 )   66.0 %   (765 )

WelChol**

   8,700     —       71.0 %   12,300     66.2 %   12,300     ±0.0     20,700     39.9 %   20,700  

(mil $)

   (75 )   —       70.6 %   (107 )   55.1 %   (107 )   ±0.0     (180 )   34.3 %   (180 )

Floxin Otic

   1,700     39.3 %   43.0 %   4,000     25.4 %   4,000     ±0.0     7,800     26.5 %   7,800  

(mil $)

   (14 )   29.6 %   43.7 %   (34 )   17.2 %   (34 )   ±0.0     (67 )   24.1 %   (67 )

Evoxac

   400     15.7 %   34.1 %   1,300     34.0 %   1,300     ±0.0     2,700     12.3 %   2,700  

(mil $)

   (3 )   7.7 %   34.9 %   (11 )   25.0 %   (11 )   ±0.0     (23 )   9.5 %   (23 )

LPI*

                    

Venofer**

   13,700     —       72.4 %   19,000     84.5 %   20,800     1,800     27,200     20.4 %   29,000  

(mil $)

   (118 )   —       71.6 %   (166 )   71.1 %   (181 )   (15 )   (236 )   15.1 %   (251 )

DSE*

                    

Olmetec

   5,200     44.8 %   55.1 %   9,500     31.9 %   9,500     ±0.0     20,600     40.1 %   20,600  

(mil EURO)

   (37 )   40.9 %   53.1 %   (70 )   32.1 %   (70 )   ±0.0     (152 )   42.1 %   (152 )

Mevalotin

   1,500     100.1 %   63.8 %   2,500     4.2 %   2,500     ±0.0     5,200     -5.5 %   5,200  

(mil EURO)

   (11 )   94.7 %   63.0 %   (18 )   ±0.0 %   (18 )   ±0.0     (40 )   ±0.0 %   (40 )

* The accounting period of DAIICHI SANKYO INC. (DSI) and Luitpold Pharmaceuticals Inc. (LPI), both of which are overseas subsidiaries of the DAIICHI SANKYO Group, is 15 months from January 2006 to March 2007. This is due to an adjustment made to the accounting period. Therefore, for these two companies, the accounting period for the first quarter is from January to June 2006. The accounting period of DAIICHI SANKYO EUROPE GmbH (DSE) is from January to March 2006.
** Sales of Benicar, WelChol and Venofer for 1Q shows 6 months sales.

Reference(from January to March) : Benicar 15,600milion yen ($135mil), WelChol 3,900million yen($33mil), Venofer 6,800million yen($59mil)

*** Sales of Floxin Otic and Evoxac shows 3 months sales.

àExchange rate

 

1 $ =   115.7   115   115   115
1 EURO=   140.7   135   135   135

 

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Table of Contents

4. Consolidated sales of Global Products

million yen

 

     FY2006  
     1Q     Change     Progress    

1st half
Estimate

issued in May

   Change    

1st half

Estimate

  

Full year
Estimate

issued in May

   Change     Full year Estimate  

Olmesartan

   51,200     —       65.8 %   77,900    89.5 %   81,300    145,300    57.3 %   148,700    60.9 %

Japan : Olmetec

   9,800     102.4 %   58.6 %   16,800    68.0 %   19,300    35,400    38.3 %   37,900    48.0 %

U.S.A: Benicar

   35,600 *   —       70.7 %   50,400    121.1 %   51,300    87,000    73.0 %   87,900    74.8 %

Europe: Olmetec

   5,200     44.8 %   55.1 %   9,500    31.9 %   9,500    20,600    40.1 %   20,600    40.1 %

Others

   600     152.1 %   43.9 %   1,200    9.1 %   1,200    2,300    27.8 %   2,300    27.8 %

Levofloxin

   23,500     -7.9 %   51.8 %   45,600    -2.1 %   45,800    95,900    -1.7 %   95,900    -1.7 %

Japan : Cravit

   11,600     -13.2 %   53.3 %   21,900    -7.2 %   21,900    47,600    -5.2 %   47,600    -5.2 %

Exports

   7,600     -6.3 %   50.0 %   15,300    2.7 %   15,300    30,300    2.7 %   30,300    2.7 %

Royalty

   4,300     6.8 %   51.1 %   8,400    3.7 %   8,400    18,000    0.6 %   18,000    0.6 %

Pravastatin

   25,800     -34.0 %   55.0 %   47,000    -40.7 %   47,900    92,000    -35.8 %   92,900    -35.1 %

Japan: Mevalotin

   17,800     -10.5 %   51.7 %   34,500    -10.4 %   33,500    68,200    -9.3 %   67,200    -10.6 %

Europe

   1,500     100.1 %   63.8 %   2,500    4.2 %   2,500    5,200    -5.5 %   5,200    -5.5 %

Exports

   6,500     -65.1 %   64.6 %   10,000    -73.9 %   11,900    18,600    -70.2 %   20,500    -67.2 %

* 6 months sales (from Jan. to Jun. 2006).

5. OTC drug sales

million yen

 

     FY2006  
     1Q    Change     Progress    

1st half

issued in May

   Change    

Full year

issued in May

   Change  

Total

   11,200    —       +45.1 %   26,000    176.9 %   54,200    94.3 %

LuLu series

   1,300    19.9 %   25.7 %   5,100    8.5 %   10,200    8.5 %

Shin-sankyo Ichoyaku series

   700    3.2 %   48.7 %   1,500    -6.3 %   3,000    -9.1 %

Karoyan series

   600    14.4 %   51.2 %   1,200    9.1 %   2,400    14.3 %

Regain series

   500    -18.1 %   37.2 %   1,500    7.1 %   2,500    4.6 %

Patecs series

   600    21.3 %   59.5 %   1,000    -9.1 %   2,300    15.0 %

Lamisil AT

   800    -14.1 %   57.1 %   1,400    27.3 %   2,500    -3.8 %

Gaster 10

   1,000    4.7 %   48.4 %   2,000    —       4,200    —    

Precol

   300    -3.5 %   25.6 %   1,000    —       2,500    —    

Cakonal

   200    20.4 %   27.5 %   800    —       2,000    —    

Makiron

   600    -8.2 %   49.0 %   1,200    —       1,800    —    

 

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Table of Contents

6. Consolidated Segment information - Business

million yen

 

     FY2005   

FY2006

     1Q    1st half    Full year    1Q

Domestic

   112,796    208,266    431,401    117,172

Overseas

   70,471    145,253    289,530    110,358

OTC drugs

   6,462    14,794    27,900    11,221

Pharmaceuticals

   198,498    385,415    784,666    247,567

Other

   32,649    66,393    141,251    22,982

Consolidated Sales

   231,148    451,808    925,918    270,549

Pharmaceuticals

   48,860    77,651    148,114    59,410

Other

   484    2,321    6,146    1,267

Consolidated Operating income

   47,650    80,345    154,728    60,792

7. Consolidated Segment information - Area

million yen

 

     FY2005     FY2006  
     1Q    %     1st half     Full year     1Q    %  

Japan

   192,637    83.3 %   371,239     752,793     179,214    66.2 %

North America

   25,093    10.9 %   53,741     116,061     71,068    26.3 %

Europe

   10,705    4.6 %   21,345     45,473     16,301    6.0 %

Other

   2,712    1.2 %   5,481     11,589     3,965    1.5 %

Consolidated Sales

   231,148    100.0 %   451,808     925,918     270,549    100.0 %

Japan

      42,008     69,124     130,249        51,057  

North America

      5,806     11,916     25,457        23,481  

Europe

      (55 )   (1,924 )   (685 )      4,773  

Other

      252     472     863        176  

Consolidated Operating income

      47,650     80,345     154,728        60,792  

 

  The accounting period of DAIICHI SANKYO INC. (DSI) and Luitpold Pharmaceuticals Inc. (LPI), both of which are overseas subsidiaries of the DAIICHI SANKYO Group, is 15 months from January 2006 to March 2007. This is due to an adjustment made to the accounting period. Therefore, for these two companies, the accounting period for the first quarter is from January to June 2006.

 

  In fiscal 2006, Zepharma Inc., Taiwan Sankyo Ltd. And Shanghai Sankyo Pharmaceuticals Ltd., were made consolidated subsidiaries of DAIICHI SANKYO CO., LTD.

 

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Table of Contents

Segment Information (Reference)

million yen

 

     FY2006
     1Q    1st half Estimate
issued in May
   1st half
Estimate
   Full year Estimate
issued in May
   Full year
Estimate

Pharmaceuticals

              

Domestic (Sankyo, Daiichi Pharmaceuticals non-consolidated)

   117,172    202,400    203,900    414,500    416,000

US

              

Exports

   8,868    21,000    22,000    43,800    44,800

DSI*

   47,265    69,700    70,600    121,700    122,600

LPI**

   23,808    30,600    35,500    46,900    51,800

Europe

              

Exports

   9,589    12,900    14,000    22,900    24,000

DSE***

   15,878    25,800    25,800    49,600    49,600

DAIICHI SANKYO HEALTHCARE CO., LTD. ZEPHARMA

   11,221    26,000    26,000    54,200    54,200

Other Company(Total)

   13,766    25,600    26,200    53,400    54,000

Other

   22,982    56,000    56,000    58,000    58,000

Consolidated Sales

   270,549    470,000    480,000    865,000    875,000

* Sales of Sales&Marketing Division. Accounting period is 15-month fiscal year (Jan. 2006 to Mar.2007).
** Accounting period is 15-month fiscal year (Jan. 2006 to Mar.2007).
*** Sales of Sales & Marketing Division.

 

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