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News Release

FOR IMMEDIATE RELEASE
March 27, 2009
For Print (PDF 49KB)

Notice of Revised Non-consolidated Business Forecast for Fiscal Year Ending March 31, 2009


Listed Stock Name:   Eisai Co., Ltd.
President & CEO: Haruo Naito
Headquarters: 4-6-10 Koishikawa, Bunkyo-ku, Tokyo
Securities Code: 4523
Listed Locations: First Sections of the Tokyo Stock Exchange
& the Osaka Securities Exchange
Inquiries: Akira Fujiyoshi
Vice President
Corporate Communications
Phone: +81-3-3817-5120

With respect to the transfer price between the U.S. and Japan, Advance Pricing Arrangement (APA) which Eisai group had applied to tax authorities in Japan and the U.S was agreed between them. In accordance with this agreement, Eisai Co., Ltd. (Headquarters: Tokyo, President & CEO: Haruo Naito) has revised the full-year non-consolidated business forecast for the fiscal year ending March 31, 2009, (April 1, 2008 to March 31, 2009) originally announced on January 30, 2009 in the “Quarterly Financial Reports for the Third Quarter of the Year Ending March 31, 2009” as below-mentioned.

Since this revision is based on intercompany transactions, we have not revised the full-year consolidated forecast for the fiscal year ending March 31 which was announced on January 30, 2009.

1. Revised the full-year non-consolidated business forecast for the fiscal year ending March 31, 2009 (April 1, 2008 to March 31, 2009)
(unit: million yen)
  Net SalesOperating Income Ordinary IncomeNet IncomeEarnings per Share (¥)
Previous Forecast (A)
(Announced on January 31, 2009)
401,00067,50057,50036,000126.26
Revised Forecast (B) 411,50078,00068,00052,500184.27
Changes in Amount
(B-A)
  10,50010,50010,50016,500
Percentage of Change 2.6%15.6%18.3%45.8%

(Reference)
Business Results for the fiscal year ended March 31, 2008
389,20073,10671,03345,982161.63


2. Reasons for revision

  • Based on the agreements of APA, our U.S. subsidiary Eisai Inc. pays 17 billion yen (US$ 179 million) as prior period adjustment to Eisai Co., Ltd. and we book the before-mentioned amount as Special Gain for the fiscal year ended March 31, 2009.
  • As a result of reviewing royalty rate between Japan and the U.S. with consideration of this agreed contents, we anticipate net sales will increase by 10.5 billion yen (US$ 110 million)

* Please note that actual business result may change due to several factors since the above-mentioned forecasts were made based on information as of March 27, 2009.