Article: Takeda Pharmaceutical sees 1st profit fall in 11 years.

May 11--TOKYO -- Takeda Pharmaceutical Co. said Wednesday it posted its first net profit fall in 11 years in fiscal 2004 on a consolidated basis, due mainly to sluggish North American sales.

In the year to March 31, pretax profit also fell 0.9 percent to 442.11 billion yen. But operating profit rose 3.7 percent to 385.28 billion yen on a 3.4 percent increase in overall sales to 1.12 trillion yen.

Group net profit per share fell to 313.01 yen from the previous year's 321.86 yen. But the company will raise its fiscal 2004 annual dividend payments to 88 yen per share from the previous year's 77 yen.

The top Japanese drug maker said profits at its ...

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