Mr. Kera
Executive Vice President, U.S. Business Unit
Replay available
Daiichi Sankyo Co Ltd Ord (OTC: DSKYF) Q1 2026 earnings conference call, held 2026-07-31. Replay captured from the company's public earnings webcast.

Executive Vice President, U.S. Business Unit
Analyst, Goldman Sachs Securities
Analyst, Citigroup Securities
Chief Financial Officer
Analyst, Morgan Stanley Securities
Analyst, Bernstein Securities
Analyst, UBS Securities
Head of Development Function
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WEBVTT 00:00:00.191 -- 00:00:05.793 Kodama speaking. Thank you very much for joining Daiichi Sankyo's financial results presentation 00:00:05.793 -- 00:00:08.994 out of a very busy schedule today. 00:00:08.994 -- 00:00:14.315 I'm going to explain the correction of FI 2025 consolidated 00:00:14.315 -- 00:00:19.297 financial results and the announcement of FI 2026 first quarter consolidated financial 00:00:19.297 -- 00:00:25.586 results based on presentation materials. Please turn to page 3. 00:00:25.586 -- 00:00:31.429 Today we are going to explain the correction of FI2025 financial results, 00:00:31.429 -- 00:00:35.892 the announcement of FI2026 first quarter financial results, 00:00:35.892 -- 00:00:38.713 FI2026 forecast, 00:00:38.713 -- 00:00:42.255 business update, and R&D update in that order. 00:00:42.255 -- 00:00:44.255 R&D 00:00:46.918 -- 00:00:51.681 update will be explained by Akihiro Inoguchi, Head of Development Function. 00:00:51.681 -- 00:00:55.762 We will entertain your questions at the end. 00:00:55.857 -- 00:00:58.877 Please turn to page 4. 00:00:59.859 -- 00:01:05.721 We submitted the correction of part of the consolidated financial results 00:01:05.721 -- 00:01:10.963 for the period ending in March 2026 to the Tokyo Stock Exchange 00:01:10.963 -- 00:01:17.326 today on the 31st of July 2026. This slide shows the correction we made. 00:01:17.326 -- 00:01:22.167 First, let me explain the background leading to the correction. 00:01:25.828 -- 00:01:30.930 After announcing the Tanshin report for the period ending in March 2026, in the fourth 00:01:30.930 -- 00:01:33.191 week of July 2026, 00:01:33.191 -- 00:01:38.293 during the process to analyze FI2026 first quarter financial results, we found 00:01:38.293 -- 00:01:42.075 unclear variance in the SG&A exp...