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Otsuka Holdings Revises FY2024 Financial Forecasts Amid Strong Business Performance
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Otsuka Holdings Revises FY2024 Financial Forecasts Amid Strong Business Performance

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An update from Otsuka Holdings Co ( (JP:4578) ) is now available.

Otsuka Holdings has revised its consolidated financial forecasts for FY2024, anticipating a significant increase in profits due to a temporary tax adjustment in the U.S. and strong performance in its pharmaceutical and nutraceutical businesses. Key products driving this growth include antipsychotic and anti-cancer agents, as well as health beverages like POCARI SWEAT and Nature Made, positioning Otsuka for continued success and exceeding previous earnings expectations.

More about Otsuka Holdings Co

Otsuka Holdings Co., Ltd. operates in the pharmaceutical and nutraceutical industries, focusing on products such as antipsychotic agents, anti-cancer drugs, and health beverages with a market presence in Asia and North America.

YTD Price Performance: -3.04%

Average Trading Volume: 1,314

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $28.07B

See more data about 4578 stock on TipRanks’ Stock Analysis page.

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