Otsuka Holdings boosts dividend, raises forecast on acquisitions

Otsuka Holdings increased its interim dividend to 70 yen per share and revised its annual forecast total to 140 yen following strong six-month results.

Revenue rose 6.5% to 1.18 trillion yen while profit attributable to owners jumped 61% to 173.5 billion yen. Strategic acquisitions including Araris Biotech AG and Otsuka ICU Medical LLC contributed to the positive outlook.