BUSINESS

Japan’s Big 4 Drug Wholesalers See Profit Pressure Intensify in FY2025

By Tatsuya Otsuka May 19, 2026
Japan’s four leading pharmaceutical wholesalers posted a combined operating profit decline in their core drug distribution businesses for FY2025, as rising procurement costs and fading demand for COVID-19 products continued to squeeze profitability. According to a Jiho tally, combined sales…

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