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May 11, 2012
Osaka, Japan, May 11, 2012 – Takeda Pharmaceutical Company Limited (“Takeda”, “the Company”) is implementing the “Transformation into a new Takeda,” guided by its corporate Vision of achieving Growth through Innovation and Culture, in order to realize a new start as a truly global pharmaceutical company.
As part of this initiative, in fiscal year 2011 Takeda acquired Nycomed A/S (“Nycomed”), a Swiss company headquartered in Zurich. This acquisition has strengthened the Company's business infrastructure throughout Europe, and expanded its sales channels into high-growth emerging markets. Then, at the beginning of fiscal year 2012, Takeda announced its decision to strengthen its U.S. presence through the acquisition of URL Pharma. These acquisitions have enabled the Company to achieve a business base balanced across Japan, the U.S., Europe and emerging markets.
In addition, several new drugs that will contribute to growth over the mid to long-term have been approved in various regions, and many high potential pipeline drugs that are expected to drive future growth have proceeded to their final development stages.
Under the new 2012-2014 Mid-Range Plan, Takeda will continue to execute strategies based on the corporate Vision to return to a trajectory of sustainable growth starting from fiscal 2012, the year of market entry of generic versions of the type-2 diabetes treatment Actos. Specifically, Takeda will invest further in growth-driving emerging markets to expand sales and profits, and will work to maximize the value of its products and pipelines around the world. In developed markets, Takeda will ensure the launch and early penetration of various new products in order to maintain its position at the top of the industry in Japan, while enlarging its presence in Europe and the U.S.
Takeda is committed to maintaining a sound financial base and implementing growth strategies that are fitting of a truly global enterprise. To this end, the Company will continue to invest in the research and development that is vital for future growth in a bold effort to discover innovative new drugs, while simultaneously focusing on strengthening cash management and reducing costs.
Even as Takeda continues to transform its business structure in the process of full-scale globalization, its management is still founded on the more than 230-year old unbroken tradition of “Takeda-ism” (Integrity = Fairness, Honesty and Perseverance). Guided by this corporate philosophy, management at Takeda is committed to upholding laws and regulations, respecting the environment, and practicing CSR.
Takeda will continue to promote its business and realize its mission of striving towards better health for patients worldwide through leading innovation in medicine.
An overview of the 2012-2014 Mid-Range Plan follows.
excl. extraordinary factors c)
|EPS||157 yen||196 yen||190 yen||152 yen|
excl. extraordinary income/loss and
other extraordinary factors c)
|314 yen||241 yen||291 yen||285 yen|
Takeda’s vision is to embody global pharmaceutical leadership through innovation, culture and growth, guided by an unwavering commitment to significantly improve the lives of patients.
Takeda will strive to create a corporate culture and workplace environment that fosters enthusiasm among employees, by recruiting and developing outstanding human resources and promoting employee diversity. In management, the Company will enforce compliance globally, while giving due consideration to the environment and CSR as a good corporate citizen, including providing ongoing support for the recovery of areas affected by the Great East Japan Earthquake, and healthcare support for developing countries.
Takeda will continue to make investments towards sustainable growth for the future, including an annual R&D investment of around 300 billion yen, and further product and pipeline acquisitions. On the other hand, Takeda will strive to maintain and enhance its sound financial position by stepping up efforts to steadily repay debt based on funding plans and strengthen cash management by streamlining the balance sheet.
Takeda’s policy on shareholder returns is to maintain a dividend per share of ¥180 throughout the fiscal 2012-2013 period. From fiscal 2014, Takeda will pursue implementation of a steady distribution of profits with emphasis on shareholder returns.
For further details, please refer to the materials on the 2012-2014 Mid-Range Plan, which are posted on the Takeda website:
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