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Takeda Pharmaceutical reported a Q2 net loss of ¥11.8 billion ($77.3 million), compared to a net profit of ¥92.0 billion in the previous year. Revenue dropped 5.4% to ¥1.113 trillion. The company cut its annual earnings forecasts, projecting a 1.8% decline in revenue to ¥4.500 trillion and a 42% increase in net profit to ¥153.00 billion. The lowered views are partly due to impairment charges from strategic pipeline decisions.

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