FilingReader Intelligence

Ono Pharmaceutical establishes reinsurance subsidiary, Q1 profit falls 29%

August 1, 2025 at 03:20 AM UTCBy FilingReader AI

Ono Pharmaceutical established Ono Global Reinsurance in Hawaii with planned capital of 10bn yen to underwrite non-life insurance for the group.

The company reported Q1 revenue of 127.5bn yen, up 8.4% year-on-year, but profit attributable to owners fell 28.7% to 17.7bn yen.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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