For Immediate Release

Company name: DAIICHI SANKYO COMPANY, LIMITED
Representative: Joji Nakayama, President and CEO
(Code no.: 4568, First Section of Tokyo, Osaka, and Nagoya Stock Exchanges)
Please address inquiries to Noriaki Ishida, Corporate Officer,
Vice President, Corporate Communications Department
Telephone: +81-3-6225-1126
http://www.daiichisankyo.com

Differences Between Consolidated Forecasts and Consolidated Results for the Fiscal Year Ended March 31, 2013

Tokyo, Japan (May 13, 2013)—Daiichi Sankyo Company, Limited today announced that differences have arisen between its consolidated forecasts for the fiscal year ended March 31, 2013, which was announced on January 31, 2013, and its consolidated results for the same period, which was announced today.

 

1. Differences Between Consolidated Forecasts and Consolidated Results for the Fiscal Year Ended March 31, 2013

 

 

	Net sales	Operating income	Ordinary income	Net income	Basic net income per share
	Millions of yen	Millions of yen	Millions of yen	Millions of yen	Yen
Previous forecast (A)	990,000	100,000	95,000	50,000	71.03
Result (B)	997,852	100,516	99,147	66,621	94.64
Change (B-A)	7,852	516	4,147	16,621
Percentage of change	0.8	0.5	4.4	33.2
(Reference) Results of the previous fiscal year (ended March 31, 2012)	923,677	98,202	76,217	10,383	14.75

 

 

2. Reasons for the Differences

 

Net income was 66.6 billion yen, 16.6 billion yen (33.2%) higher than the previous forecast. This was the result of a higher income before income taxes due to a gain on sales of investment securities, greater deferred tax assets related to unrealized gains from inventories, and the significant lowering of the income tax rate due to the expansion of tax deductions related to clinical trial and research costs.