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flag Kobayashi Pharmaceutical reports first net profit decline in 26 years, hit by supplement health issues.

flag Kobayashi Pharmaceutical reported its first net profit decline since 1999, with a 50.5% drop to 10 billion yen, due to health issues linked to its supplements. flag The company's revenue decreased 4.5% to 165.6 billion yen, and it faced an extra 12.7 billion yen loss from recalling products and compensating over 770 affected victims. flag Despite these challenges, Kobayashi forecasts a revenue of 171 billion yen for the next fiscal year.

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