As Japan approaches the Fiscal System Council’s “autumn recommendation,” a notable shift is taking shape. The Ministry of Finance (MOF),…
BUSINESS
Towa, Sawai Log Two-Digit Growth in Operating Profit, but Industry Sees Divide: Tally
Japan’s two major generic players Towa Pharmaceutical and Sawai Group Holdings both posted double-digit growth in operating profit in FY2024, forecasting rosy performances to continue this fiscal year as well. Meanwhile, the industry is increasingly polarized, with some companies becoming…
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