BUSINESS

Astellas’ Earnings Hit by FX as Cost Rate Worsens on Overseas Inventories

By Yoshinori Sagehashi August 2, 2022
Astellas Pharma suffered external factors such as the yen’s plunge and the Russia-Ukraine war in first-quarter earnings, with its operating and net profit shriveling 8.2% and 19.1%, respectively. On a core basis, however, operating profit was virtually flat versus a…

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