Japan’s Sawai Benefits In Domestic Market From Rivals’ Supply Misery
As Analyst Urges Sawai To Up Domestic Production Capacity
Executive Summary
Sawai was strong in Japan and weak in the US in the first financial quarter of its 2022 financial year, as analysts called on the Japanese firm to improve supply capacity as a “crucial first step towards expanding market share.”
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Three quarters of the way through its financial year, Sawai has half as much cash on its balance sheet as it did at the same stage in 2021/22, as the Japanese firm continues to be dogged by lower government-mandated prices and higher costs at home.
Sawai Soars To New Heights In US But Flounders In Domestic Market
While Sawai’s dominant Japanese business appeared under some strain as the firm started its 2022 financial year, the company appears confident that it is still on track to meet its annual forecast.
Sawai Maintains Strong Domestic Performance, Continues To Flounder In US
Sawai’s Q2 results mirrored those of Q1, with a strong performance in Japan but a weak one in the US. The firm is continuing to focus on establishing new production facilities in both territories.