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Takeda Pharmaceutical Company Limited (TAK) Discusses Zasocitinib Phase III Psoriasis Data and Commercial Strategy Transcript

Takeda Pharmaceutical Company Limited (TAK) Discusses Zasocitinib Phase III Psoriasis Data and Commercial Strategy March 28, 2026 8:30 PM EDT

Company Participants

Elizabeth Borgeson – Executive of Investor Relations
Julie Kim – Interim Head of Global Portfolio Division
Chinwe Ukomadu
Rhonda Pacheco – President of U.S. Business Unit & U.S. Country Head

Conference Call Participants

Shinichiro Muraoka – Morgan Stanley, Research Division
Hidemaru Yamaguchi – Citigroup Inc., Research Division
Matsubara – Nomura Securities Co. Ltd., Research Division
Seiji Wakao – JPMorgan Chase & Co, Research Division
Tony Ren – Macquarie Research
Hiroshi Wada – SMBC Nikko Securities Inc., Research Division

Presentation

Elizabeth Borgeson
Executive of Investor Relations

Thank you for joining us for the presentation of our zasocitinib Phase III data and commercial overview. My name is Elizabeth Borgeson. I’m part of the Takeda Investor Relations team. [Operator Instructions] Before starting, I’d like to remind everyone that we’ll be discussing forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those discussed today. The factors that could cause our actual results to differ from are discussed in our most recent Form 20-F and our other SEC filings. Please also refer to the important notice on Page 2 of the presentation regarding forward-looking statements and non-IFRS financial measures, which will also be discussed during the call. Definitions of our non-IFRS measures and reconciliation with comparable IFRS measures are included in the appendix to the presentation. With that, I’ll hand it over to Julie Kim, CEO Elect, to start the presentation.

Julie Kim
Interim Head of Global Portfolio Division

Thanks, Elizabeth, and thanks to everyone joining us as we share Takeda’s perspectives on the phenomenal results of the Phase III studies of zasocitinib in psoriasis. I’d like to start by introducing the 2 colleagues who will be presenting today. First, we have Chinwe Ukomadu, Head

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