Article: Takeda's 2005/6 income reaches 313.2B yen.(Takeda Chemical Industries Ltd.)

Japanese drugmaker Takeda says that for the year ended March 31, 2006, its net income rose 12.9% to 313.2 billion yen ($2.84 billion), which it ascribes to profits derived from the transfer of shares of non-pharmaceutical businesses and Wyeth KK, which it co-owns with US major Wyeth (Marketletter April 17). Turnover for the period was up 7.9% to 1,212.2 billion yen, while the firm's operating income increased 4.6% to 402.8 billion yen, exceeding the target of 380.0 billion yen it announced last year.

Core product expansion leads the way

Revenue from in-house prescription drugs, which include the sales of unconsolidated affiliates and exports to ...

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