23 companies · FY2026 results (earnings releases, consolidated)
Chugai ranks first for operating margin in the Pharmaceutical industry at 47.6%. The top three are Chugai (47.6%), Shionogi (33.4%) and Sumitomo Pharma (23.7%).
Across the 23 companies the average is 10.2% and the median 10.8%. Nxera comes last at -28.6%, a gap of 76.2 percentage points to the leader.
12 of 23 companies are above the average.
4 companies posted an operating loss: Kaken, Kissei, Peptide Dream, Nxera.
Pharmaceutical Industry TOP3

























Shares 1Y is a closing-price reference (vs. about a year earlier).
| Rank | Company | Operating margin | Average salary | Revenue | Operating profit |
|---|---|---|---|---|---|
| 1 | Chugai4519 | 47.6% | ¥12.1M | ¥1.3T | ¥598.8B |
| 2 | Shionogi4507 | 33.4% | ¥10.0M | ¥499.7B | ¥166.7B |
| 3 | Sumitomo Pharma4506 | 23.7% | ¥9.06M | ¥453.3B | ¥107.3B |
| 4 | Nippon Shinyaku4516 | 20.8% | ¥9.19M | ¥170.8B | ¥35.5B |
| 5 | Otsuka4578 | 19.4% | ¥10.6M | ¥2.5T | ¥479.4B |
| 6 | Tsumura4540 | 18.3% | ¥9.11M | ¥192.6B | ¥35.2B |
| 7 | Astellas4503 | 17.9% | ¥10.5M | ¥2.1T | ¥382.6B |
| 7 | Ono4528 | 17.9% | ¥10.2M | ¥515.8B | ¥92.2B |
| 9 | Santen4536 | 16.4% | ¥9.02M | ¥291.6B | ¥47.8B |
| 10 | Zeria4559 | 13.9% | ¥7.99M | ¥89.2B | ¥12.4B |
| 11 | Rohto4527 | 12.0% | ¥8.26M | ¥343.7B | ¥41.1B |
| 12 | Daiichi Sankyo4568 | 10.8% | ¥11.0M | ¥2.1T | ¥229.1B |
| 13 | Takeda4502 | 9.1% | ¥11.0M | ¥4.5T | ¥408.8B |
| 14 | Kobayashi4967 | 9.0% | ¥7.57M | ¥165.7B | ¥14.9B |
| 15 | Towa4553 | 8.4% | ¥6.95M | ¥273.7B | ¥23.1B |
| 16 | Sawai4887 | 7.9% | ¥9.38M | ¥201.7B | ¥15.9B |
| 17 | Eisai4523 | 5.3% | ¥11.2M | ¥825.4B | ¥44.1B |
| 18 | Suzuken9987 | 1.5% | ¥7.45M | ¥2.5T | ¥36.4B |
| 19 | JCR4552 | 1.4% | ¥8.19M | ¥40.3B | ¥555M |
| 20 | Kaken4521 | -1.2% | ¥8.75M | ¥76.9B | ¥-899M |
| 21 | Kissei4547 | -3.0% | ¥7.98M | ¥97.4B | ¥-2.9B |
| 22 | Peptide Dream4587 | -27.1% | ¥11.7M | ¥18.5B | ¥-5.0B |
| 23 | Nxera4565 | -28.6% | ¥12.6M | ¥29.6B | ¥-8.5B |
Revenue and operating profit are from the latest full-year consolidated results. Average salary is for the reporting entity per its annual securities report; pure holding companies with fewer than 50 staff are excluded.