Chugai Pharmaceutical shares fall as first-half operating profit rises 17% but full-year guidance is left unchanged

Earnings
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Summary · why it matters

Chugai Pharmaceutical reported higher revenue and profit for the first half of the fiscal year ending December 2026, but its shares fell after the company left its full-year earnings forecast unchanged. Revenue rose 14.7% year on year to 663.3 billion yen, operating profit increased 16.9% to 319.6 billion yen, and interim profit grew 19.2% to 231.7 billion yen. In Japan, key products such as the ophthalmology drug Vabysmo drove growth, while overseas sales rose sharply on exports of Hemlibra to Roche and exports of an out-licensed dermatology drug. Other revenue, including royalty income, increased 44.5% to 96.8 billion yen. The stock briefly fell to the 6,800 yen level immediately after the earnings announcement, and on August 14 it closed at 6,933 yen, down about 3% from the previous day.

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