Net income for the 12 months ending March 31 may total 85 billion yen, compared with an earlier estimate of 81 billion yen, the Tokyo-based company said in a statement today. Costs for research and development may be 6 billion yen less than previously estimated, Astellas said. Sales and administrative costs may also be less than Astellas predicted earlier, the company said.
To contact the reporter on this story: Kanoko Matsuyama in Tokyo at email@example.com
To contact the editor responsible for this story: Jason Gale at firstname.lastname@example.org