Overview
Pharmaceutical

ONO PHARMACEUTICAL CO.,LTD.

Ono Pharmaceutical is a Japan-based specialty pharmaceutical company focused on the research, development, manufacturing, and sales of prescription drugs, with a particular emphasis on oncology, immunology, and other areas of high unmet medical need. The company is best known globally for Opdivo (nivolumab), a PD-1 inhibitor immune checkpoint therapy co-developed with Bristol Myers Squibb, which has been approved across multiple cancer indications worldwide. Leveraging over 300 years of heritage and a growing global footprint, Ono pursues innovative drug discovery internally and through licensing and partnership activities, with ambitions to become a global specialty pharma company.

Market Cap
¥1,174B
US$7.49B
EV
¥981B
US$6.25B
Stock¥2,499▼-0.70%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
7.1
x
LTM EV/EBIT
9.7
x
LTM PER
15.4
x
LTM PBR
1.4
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+14.8%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
1,174BUS$7.49BMarket Cap117BUS$747M+ Debt220BUS$1.40B− Cash97.1BUS$619M− Inv. Sec.5.91BUS$37.7M+ NCI981BUS$6.25BEV
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Performance & Balance
Revenue 5Y (¥B)
361US$2.30B'22/3447US$2.85B'23/3503US$3.21B'24/3487US$3.11B'25/3516US$3.29B'26/3
EBITDA 5Y (¥B)
121US$771M'22/3159US$1.02B'23/3178US$1.14B'24/386.6US$553M'25/3130US$829M'26/3
Net Income 5Y (¥B)
80.5US$514M'22/3113US$719M'23/3128US$816M'24/350.0US$319M'25/369.8US$445M'26/3
Capital Structure
88%
EquityD/E 0.14xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
69.1US$441M8.80US$56.1M'22/396.1US$613M9.17US$58.5M'23/3166US$1.06B8.86US$56.5M'24/3205US$1.30B147US$935M'25/3237US$1.51B121US$771M'26/3
Shareholders
Top 10 hold 39.3%
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
13.70%
2
Custody Bank of Japan, Ltd. (Trust Account)
5.27%
3
Meiji Yasuda Life Insurance Company (Standing Proxy: Custody Bank of Japan, Ltd.)
3.88%
4
Ono Scholarship Foundation
3.43%
5
Kakumeisou Co., Ltd.
3.37%
6
JPMorgan Securities Japan Co., Ltd.
3.10%
7
MUFG Bank, Ltd.
1.80%
8
日本マスタートラスト信託銀行株式会社(株式付与ESOP信託口・80358口)
1.75%
9
STATE STREET BANK AND TRUST COMPANY 505001 (Standing Proxy: Mizuho Bank, Ltd.)
1.52%
10
BNYM AS AGT/CLTS 10 PERCENT (Standing Proxy: Mitsubishi UFJ Bank, Ltd.)
1.44%
Management
10 officers
Akira SAGARA
Representative Director, Chairman and CEO
Apr 1983: Joined the Company Apr 2006: General Manager, Business Administration Division and General Manager, Management Coordination Department Jun 2006: Director Apr 2007: General Manager, Management Coordination Division Nov 2007: General Manager, Sales Division Dec 2007: Managing Director Feb 2008: Director and Executive Vice President Apr 2008: General Manager, Management Coordination Division Jun 2008: Representative Director and Executive Vice President Sep 2008: Representative Director and President Apr 2024: Representative Director, Chairman and CEO (current)
1958-10-07
Juichi TAKINO
Representative Director, President and COO
Apr 1995: Joined the Company Apr 2006: General Manager, International Division Mar 2007: General Manager, Business Development Department May 2008: General Manager, New Drug Alliance Department Jul 2009: Executive Vice President, Ono Pharma USA Inc. Jun 2011: Executive Officer Apr 2012: General Manager, Business Strategy Division Oct 2018: General Manager, Research Management Division Apr 2019: General Manager, Research Division Jun 2019: Managing Executive Officer Jun 2020: Director and Managing Executive Officer Jun 2021: Director and Senior Managing Executive Officer Apr 2024: Representative Director, President and COO (current)
1968-01-14
Toshihiro TSUJINAKA
Representative Director, Senior Managing Executive Officer; in charge of CMC and Production Division; in charge of Digital Technology Division; in charge of Quality Assurance Division; in charge of BX Promotion Department; in charge of Business Design Department; in charge of affiliated companies
Apr 1988: Joined the Company Jun 2004: General Manager, Koshinetsu Branch Nov 2007: General Manager, Sales Operations Department Oct 2012: General Manager, Sendai Branch Apr 2016: General Manager, Oncology Division Jun 2016: Executive Officer Oct 2018: General Manager, Management Strategy Division Jun 2019: Managing Executive Officer Jun 2020: Director and Managing Executive Officer Jun 2021: Director and Senior Managing Executive Officer Jun 2023: General Manager, Management Strategy Division and General Manager, Sustainability Promotion Department Apr 2024: Representative Director and Executive Vice President Executive Officer Apr 2026: Representative Director and Senior Managing Executive Officer (current) Apr 2026: In charge of CMC and Production Division; in charge of Digital Technology Division; in charge of Quality Assurance Division; in charge of BX Promotion Department; in charge of Business Design Department; in charge of affiliated companies (current)
1964-12-18
Masao NOMURA
Director
Mar 1972: Joined Iwatani Corporation Jun 2007: Director and Executive Officer, Iwatani Corporation Apr 2009: Managing Director and Executive Officer, Iwatani Corporation Apr 2010: Senior Managing Director and Executive Officer, Iwatani Corporation Jun 2012: Representative Director, President and Executive Officer, Iwatani Corporation Apr 2017: Director, Advisor and Executive Officer, Iwatani Corporation Jun 2017: Advisor, Iwatani Corporation Jun 2018: Director of the Company (current) Jun 2019: Outside Director, Keihanshin Building Co., Ltd. (current) Jun 2020: Outside Director, Shin Cosmos Electric Co., Ltd. Jul 2022: Adviser, Iwatani Corporation (current)
1949-08-02
Akiko OKUNO
Director
Apr 2002: Associate Professor, Faculty of Economics, Osaka University of Economics and Law Apr 2004: Associate Professor, Faculty of Business Administration and Information Sciences, Tezukayama University Apr 2007: Associate Professor, Faculty of Business Administration and Information Sciences, Tezukayama University Apr 2010: Professor, Faculty of Business Administration and Information Sciences, Tezukayama University Apr 2012: Professor, Faculty of Business Administration, Konan University (current) Jun 2020: Director of the Company (current)
1970-11-17
Shusaku CHOEI
Director
Apr 1972: Joined Matsushita Electric Works, Ltd. Dec 2004: Executive Officer, Matsushita Electric Works, Ltd. Jun 2007: Managing Director, Matsushita Electric Works, Ltd. Jun 2010: President and Representative Director, Panasonic Electric Works Co., Ltd. Jun 2012: Executive Vice President and Representative Director, Panasonic Corporation (now Panasonic Holdings Corporation) Jun 2013: Chairman and Representative Director, Panasonic Corporation Jun 2017: Chairman and Director, Panasonic Corporation Jun 2021: Director of the Company (current) Jun 2021: Special Adviser, Panasonic Corporation (now Panasonic Holdings Corporation) (current) Mar 2023: Outside Audit & Supervisory Board Member, Nihon Keizai Shimbun, Inc. (current)
1950-01-30
Hironobu TANISAKA
Full-time Audit & Supervisory Board Member
Apr 1984: Joined the Company Aug 2007: General Manager, Legal Department Jan 2018: General Manager, Internal Audit Department Jun 2021: Audit & Supervisory Board Member of the Company (current)
1961-04-30
Kiyoaki IDEMITSU
Full-time Audit & Supervisory Board Member
Apr 1987: Joined the Company Dec 2000: President, Ono Pharma UK Ltd. Jan 2008: General Manager, Drug Discovery Division May 2008: General Manager, Discovery Research Alliance Department Jan 2010: General Manager, New Drug Alliance Department Apr 2012: General Manager, Research Alliance Management Division Oct 2013: General Manager, NV Strategic Planning Department Apr 2017: General Manager, Medical Affairs Division Oct 2018: Executive Officer Oct 2018: General Manager, Development Division Jun 2020: Managing Executive Officer Jun 2021: Director and Managing Executive Officer Apr 2024: General Manager, Development Division and Head of Global Development Management Unit May 2024: In charge of Development Division Jun 2024: Audit & Supervisory Board Member of the Company (current)
1964-03-12
Yasuo HISHIYAMA
Audit & Supervisory Board Member
Apr 1999: Appointed Judge Apr 2006: Registered as Attorney-at-Law Apr 2006: Joined Tanabe Sogo Law Office (current) Jan 2010: Appraisal Committee Member, Tokyo District Court (Land Lease Non-Litigation Proceedings) (current) Jun 2016: Audit & Supervisory Board Member of the Company (current) Jun 2023: Outside Audit & Supervisory Board Member, Yoshimoto Pole Co., Ltd. (current)
1973-02-11
Akiko TANABE
Audit & Supervisory Board Member
Oct 1993: Joined Century Audit Corporation (now EY ShinNihon LLC) May 1997: Registered as Certified Public Accountant Jan 2012: Opened Akiko Tanabe CPA Office (current) Jun 2015: Outside Director, Oie Sangyo Co., Ltd. (current) Jul 2019: Partner, Midosuji Audit Corporation (current) Apr 2020: Provisional Audit & Supervisory Board Member of the Company Jun 2020: Audit & Supervisory Board Member of the Company (current) Nov 2025: Outside Director (Audit and Supervisory Committee Member), Watts Co., Ltd. (current)
1970-06-15
Large Shareholding Reports
BlackRock Japan Co., Ltd.
2026-02-03
1.72%→1.73%
BlackRock Japan Co., Ltd.
2025-11-05
1.72%
Sumitomo Mitsui Trust Asset Management Co., Ltd.
2025-09-19
3.00%→2.47%
BlackRock Japan Co., Ltd.
2025-09-03
1.79%→1.52%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-07-31
Q1 Earnings Flash
FY ending Mar 2027
EDINETAmended
2026-07-08
Amended Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-06-15
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-05-08
中期経営計画
FY ending Mar 2026
EDINET
2026-02-03
Large Shareholding Report
TDnet
2026-02-02
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-06
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2025-11-05
Large Shareholding Report
EDINET
2025-09-19
Large Shareholding Report
EDINET
2025-09-03
Large Shareholding Report
TDnet
2025-08-01
Q1 Earnings Flash
FY ending Mar 2026
EDINETAmended
2025-07-01
Amended Annual Securities Report
Period: Apr 2024 – Mar 2025
EDINET
2025-06-19
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-03
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-06
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-07-31
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-21
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-06
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-07
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-04
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-23
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-03
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-04
Quarterly Securities Report
EDINET
2022-08-05
Quarterly Securities Report
EDINET
2022-06-24
Annual Securities Report
EDINET
2022-02-04
Quarterly Securities Report
EDINET
2021-11-05
Quarterly Securities Report
EDINET
2021-08-06
Quarterly Securities Report
EDINET
2021-06-18
Annual Securities Report
EDINET
2021-02-12
Quarterly Securities Report
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