The company reported annual sales of ¥4,027.5 billion, above the management estimate of ¥3,930 billion.

"FY 2022 was another strong year for Takeda, reflecting successful execution against our business strategy and advancements in our innovative pipeline, enabling us to deliver truly transformative treatments to patients," said Chistophe Weber, Takeda's president & CEO.

Operating profit came in at ¥490.5 billion compared with ¥461 billion a year ago.

"While we expect to face temporary headwinds in FY2023 from generic entrants and lower demand for coronavirus vaccines, we are confident that strong momentum in our Growth & Launch Products will drive a return to growth in the near term," Weber added.

Guidance: For FY23, Takeda expects sales of ¥3,840 billion, an operating profit of ¥349 billion, and a net profit of ¥142 billion. It forecasts a core EPS of ¥434.

Price Action: TAK shares are down 2.77% at $16.51 premarket on the last check Thursday.