Daiichi Sankyo Company, Limited provided dividend guidance for the year ending March 31, 2017. The company expects to pay a year-end dividend of JPY 35.00 per share against JPY 30.00 per share paid for the same period a year ago.

The company reported consolidated earnings results for the nine months ended December 31, 2016. For the period, the company reported revenue of JPY 734,405 million against JPY 758,555 million a year ago. Despite growth in sales of mainstay products in Japan, Europe, and Asia, negative effects on revenue stemming from yen appreciation (JPY 40.8 billion) led to a decrease in revenue. Operating profit was JPY 128,706 million against JPY 150,412 million a year ago. Profit before tax was JPY 132,391 million against JPY 145,433 million a year ago. Profit for the period was JPY 87,309 million against JPY 109,326 million a year ago. Profit attributable to owners of the company was JPY 88,181 million or JPY 130.50 per diluted share against JPY 110,727 million or JPY 159.83 per diluted share a year ago. The profit attributable to owners of the company decreased largely in comparison with profit before tax, due to increase in income taxes mainly derived from a decrease in tax credit for research and development expenses. Net cash flows from operating activities were JPY 80,257 million against JPY 92,998 million a year ago. Acquisitions of property, plant and equipment was JPY 16,833 million against JPY 23,525 million a year ago. Acquisition of intangible assets was JPY 20,406 million against JPY 28,316 million a year ago.

The company provided consolidated earnings guidance for the year ending March 31, 2017. For the year, the company expects revenue of JPY 950,000 million, operating profit of JPY 110,000, profit before tax of JPY 110,000 and profit attributable to owners of the company of JPY 70,000 or JPY 105.56 per basic share.