Takeda Reports 3.9% YoY Revenue Decline in H1 2025, Citing Neuroscience Slump and FX Headwinds

Takeda Reports 3.9% YoY Revenue Decline in H1 2025, Citing Neuroscience Slump and FX Headwinds

Takeda Pharmaceutical Co., Ltd. (TYO: 4502, NYSE: TAK) released its first‑half 2025 financial results today, showing global revenues of ¥2,219.5 billion (USD 14.57 billion), a 3.9 % year‑on‑year (YoY) slowdown in constant currency terms. The decline was largely driven by a dip in the Neuroscience segment and unfavorable foreign‑exchange rates.

Financial Highlights

MetricH1 2025YoY Change
Global Revenue¥2,219.5 billion–3.9 %
Core Revenue OutlookFlat
Core Operating ProfitFlat
EPS GuidanceFlat
Top‑SellerEntyvio (vedolizumab)+5.1 %
Weakest SegmentVyvanse/Elvanse (lisdexamfetamine)–45.6 %
  • Neuroscience – Sales fell ≈ 7 % after a 12‑month decline in key products.
  • Foreign‑Exchange Impact – A stronger yen and weaker USD/EUR contributed ≈ 4 % of the revenue slide.

Geographic Performance

RegionRevenue (¥ bn)YoY Growth
Japan219.1+1.3 %
United States1,091.9–7.9 %
Europe & Canada535.2+0.8 %
Latin America118.5–5.4 %
China92.7+7.5 %
Asia Ex‑Japan & China47.8–0.5 %
Russia/CIS43.2–2.3 %
Total71.2+0.7 %

China emerges as the only region with double‑digit growth, expanding 7.5 % YoY to ¥92.7 billion (USD 608 million).

Management Commentary

CEO Christophe Weber said the results were “consistent with our expectations” in a year of “transition to a new phase focusing on new product launches.” Takeda’s full‑year guidance was revised to reflect a flat core revenue outlook and low‑single‑digit declines in core operating profit and earnings per share.

Key Product Performance

  • Entyvio (vedolizumab) – Leading revenue driver, growing 5.1 % to ¥479.2 billion.
  • Vyvanse/Elvanse (lisdexamfetamine) – Subject to generic erosion, sales fell 45.6 % to ¥106.6 billion.

Forward‑Looking Statements
This release contains forward‑looking statements that involve risks and uncertainties. Actual results may differ materially.-Fineline Info & Tech