For Immediate Release
Company name: DAIICHI SANKYO COMPANY, LIMITED
Representative: Takashi Shoda, President and Representative Director
(Code no.: 4568, First Section, Tokyo, Osaka and Nagoya Stock Exchanges)
Please address inquiries to Toshiaki Sai, General Manager,
Corporate Communications Department
Telephone: +81-3-6225-1126
http://www.daiichisankyo.com/
Differences between Consolidated Forecasts and Consolidated Results for the First Six Months of Fiscal Year Ending March 2010
Tokyo, Japan (October 30, 2009) –Daiichi Sankyo Company, Limited today announced that differences have arisen between its consolidated forecasts for the first six months of fiscal year ending March 2010, which was announced on July 31, 2009, and its consolidated results for the same period, which was announced today.
1. Differences Between Consolidated Forecasts and Consolidated Results for the First Six Months of Fiscal Year Ending March 2010
2. Main reasons for the differences
Net sales increased slightly overall in part due to mainstay product sales in a U.S. subsidiary being higher than initially forecasted. In addition to the increase in sales, carry-over of costs such as sales and marketing expenses led to a higher operating income than forecasted. Moreover, ordinary income and net income was considerably higher than forecasted by the previous announcement, mainly due to foreign exchange gains which were booked under non-operating income.
The earnings forecasts for the full fiscal year remain unchanged from the previously announced forecasts.
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