Q3/FY2016 FINANCIAL RESULTS

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Q3/FY2016 FINANCIAL RESULTS ENDED DECEMBER 31, 2016 Yasumasa Masuda Senior Corporate Executive, Chief Financial Officer Astellas Pharma Inc. January 31, 2017

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION 2 In this material, statements made with respect to current plans, estimates, strategies and beliefs and other statements that are not historical facts are forward-looking statements about the future performance of Astellas. These statements are based on management s current assumptions and beliefs in light of the information currently available to it and involve known and unknown risks and uncertainties. A number of factors could cause actual results to differ materially from those discussed in the forward-looking statements. Such factors include, but are not limited to: (i) changes in general economic conditions and in laws and regulations, relating to pharmaceutical markets, (ii) currency exchange rate fluctuations, (iii) delays in new product launches, (iv) the inability of Astellas to market existing and new products effectively, (v) the inability of Astellas to continue to effectively research and develop products accepted by customers in highly competitive markets, and (vi) infringements of Astellas intellectual property rights by third parties. Information about pharmaceutical products (including products currently in development) which is included in this material is not intended to constitute an advertisement or medical advice.

AGENDA 3 I Q3/FY2016 Financial Results II Initiatives to Build Resilience for Sustainable Growth III Profit Distribution Policy

Q3/FY2016 FINANCIAL RESULTS (CORE BASIS) 4 (billion yen) Q3/FY15 Q3/FY16 Change FY16 FCST* Achievement (ref) CER growth Net sales 1,065.7 1,005.6-5.6% 1,300.0 77.4% +3% Cost of sales % of sales SG&A expenses % of sales R&D expenses % of sales 270.5 25.4% 362.7 34.0% 165.0 15.5% 250.8 24.9% 336.7 33.5% 148.3 14.7% -7.3% -0.4 ppt -7.2% -0.6ppt -10.1% -0.7ppt Amortisation of intangibles 33.2 26.7-19.3% Share of associates/jvs losses -0.5-1.3-216.0 16.6% 68.7% Core operating profit 233.9 241.8 +3.4% 274.0 88.3% +18% Core profit for the period 169.4 177.2 +4.6% 202.0 87.7% Exchange rate (yen)** Q3/FY15 Q3/FY16 Change FY16FCST USD: Average for the period 122 107-15 103 EUR: Average for the period 134 118-16 117 USD: Change from PY end +0 +4 EUR: Change from PY end +1-5 * Revised in Oct. 2016 ** Exchange rate change +: Yen weakening, - : Yen Strengthening Fx impacts Net sales: -89.6 Core OP: -33.6 CER: Constant exchange rate PY: Previous year

SALES ANALYSIS 5 (billion yen) Q3/FY15 1,065.7 Fx impacts -89.6 NHI price revision in Japan -20.0 Dermatology business transfer* Increase excluding above factors XTANDI and OAB products growth Q3/FY16 1,005.6 *Dermatology business transfer: Amortisation of deferred revenue - PY sales of transferred products OAB: Overactive bladder, OAB products: Vesicare + Betanis/Myrbetriq/BETMIGA NHI: National health insurance

CORE OPERATING PROFIT ANALYSIS 6 (Positive/negative signs show impacts on operating profit) Q3/FY15 233.9 (billion yen) Net sales -60.1 XTANDI and OAB products growth Negative impacts by Fx, NHI price revision in Japan (CER growth: +3%) COGs +19.7 COGs ratio decrease: -0.4ppt Product mix change, etc: -0.3ppt Fx impacts on unrealized profit elim.: -0.1ppt SG&A +26.0 SG&A decrease due to Fx Promotion of cost efficiency R&D +16.7 R&D decrease due to Fx Promotion of cost efficiency Other +5.6 Amortisation decrease: -6.4 Share of associates/jvs losses: -0.8 Q3/FY16 241.8

FINANCIAL RESULTS (FULL BASIS) 7 (billion yen) Q3/FY15 Q3/FY16 Change FY16FCST* Achievement Net sales 1,065.7 1,005.6-5.6% 1,300.0 77.4% Core operating profit 233.9 241.8 +3.4% 274.0 88.3% Other income 1.1 6.6 Other expenses 19.4 17.1 Operating profit 215.6 231.3 +7.3% 267.0 86.6% Financial income 13.8 14.0 Financial loss 0.9 1.4 Profit before tax 228.5 243.9 +6.8% 268.0 91.0% Profit for the period 164.5 178.8 +8.7% 198.0 90.3% Other income: Q3/FY16 Foreign exchange gain (4.3 bil. yen) recorded Other expenses: Q3/FY16 Loss on sale and disposal of property, plant and equipment (7.7 bil. yen) and impairment loss of other intangible assets (4.1 bil. yen) recorded Q3/FY15 (PY) Loss on sale and disposal of property, plant and equipment (8.8 bil. yen) and foreign exchange losses (7.0 bil. yen) recorded Financial income: Q3/FY16 Gain on sale of financial assets (12.7 bil. yen) recorded Q3/FY15 (PY) Gain on sale of financial assets (12.1 bil. yen) recorded *Revised in Oct. 2016

SALES BY REGION (LOCAL CURRENCY BASIS) 8 Steady growth in Americas, EMEA and Asia/Oceania on a local currency basis Japan (billion yen) Americas (million USD) 396.8 380.1 (-4.2%) Sales in Japanese market: 358.2 (-7%) Decrease due to NHI price revision, etc. 2,865 2,889 (+0.8%) XTANDI and OAB products growth CRESEMBA contribution Q3/FY15 Q3/FY16 Q3/FY15 Q3/FY16 EMEA (Europe, the Middle East and Africa) (million EUR) Asia/Oceania (billion yen) 1,871 2,143 (+14.6%) XTANDI growth Prograf and MYCAMINE increase 68.8 64.5 (-6.3%) +10% CER growth XTANDI and OAB products contribution Q3/FY15 Q3/FY16 Q3/FY15 Q3/FY16 Sales by region: based on the location of the seller

SALES IN THREE KEY AREAS 9 Each franchise showed solid performance on a CER basis (billion yen) Q3/FY15 Q3/FY16 Change (ref) CER growth Oncology 242.7 232.3-4% +8% XTANDI 188.8 189.2 +0% +13% OAB in Urology 164.9 160.9-2% +8% Vesicare 104.8 89.3-15% -6% Betanis/Myrbetriq/BETMIGA 60.1 71.6 +19% +31% Transplantation 157.5 142.2-10% +0% Oncology: XTANDI, Tarceva, Eligard and Gonax Transplantation: Prograf, Advagraf/Graceptor/ASTAGRAF XL

XTANDI 10 Pursue further penetration in chemo-naive mcrpc Sales by region 188.8 50.7 116.2 Q3/FY15 189.2 (+0%) 1.7 2.5 63.1 105.6 20.2 18.0 Q3/FY16 (billion yen) Asia/Oceania EMEA Americas Japan Sales composition by region 60% 53% 40% 47% Q3/FY15 Q3/FY16 Year-on-Year sales growth Japan: -11% EMEA: +42% (EUR basis) US ex-us Americas: +4% (USD basis) Asia/Oceania: +68% (CER basis) mcrpc: Metastatic castration-resistant prostate cancer

OAB FRANCHISE IN UROLOGY 11 Betanis/Myrbetriq/BETMIGA penetration enhances OAB Franchise Sales by region 160.9 (-2%) 4.8 6.2 41.1 35.4 164.9 82.4 79.6 36.3 39.5 Q3/FY15 Q3/FY16 (billion yen) Asia/Oceania EMEA Americas Japan Sales composition ratio by product 64% 55% 36% 45% Q3/FY15 Year on Year sales growth Japan: +9% EMEA: -2% (EUR basis) Q3/FY16 Vesicare Betanis/ Myrbetriq/ BETMIGA Americas: +10% (USD basis) Asia/Oceania: +47% (CER basis)

SALES IN JAPANESE MARKET 12 Sales in Japanese market decreased by 7% due to NHI price revision, etc. Key products sales steadily expanded Celecox Symbicort Suglat 36.2 (billion yen) 37.0 (+3%) 28.9 (billion yen) 30.6 (+6%) (billion yen) 7.3 (+33%) 5.5 Q3/FY15 Q3/FY16 Q3/FY15 Q3/FY16 Q3/FY15 Q3/FY16

AGENDA 13 I Q3/FY2016 Financial Results II Initiatives to Build Resilience for Sustainable Growth III Profit Distribution Policy

ACHIEVING SUSTAINABLE GROWTH (same as Strategic Plan 2015-2017 slide) 14 New products will drive mid-term growth; Sustainable growth will be reinforced by continuous selective investment in innovation and strengthening of the business foundation Maximizing the Product Value Enhancing Capabilities to Deliver Innovative Medicines Creating Innovation Advancing into New Opportunities Sales Explore and capture external business opportunities through acquisition, collaboration and in-licensing Pursuing Operational Excellence FY14 FY15 FY16 FY17

STRATEGIC PRIORITIES AND RECENT ACTIVITIES (UPDATE FROM PREVIOUS ANNOUNCEMENT) 15 Maximize the Product Value Enhance oncology franchise (XTANDI sales growth, label expansion) Maximize OAB franchise (expansion of Vesicare + Betanis/ Myrbetriq/BETMIGA) New product launches in many countries Create Innovation [Progress of pipeline] Approval: - LINZESS (IBS-C, JP) Filing: - Romosozumab (JP) P3 trials are steadily ongoing [New initiative] Completion of acquisition of Ganymed Pharmaceuticals License agreement with Auration for AU-935 to treat chronic tympanic membrane perforations Pursue Operational Excellence [Optimal allocation of resources] Transfer of Qutenza to Grünenthal [Continually enhance organization structure] Outsourcing of facility and equipment management support in Japan, and dissolution of Astellas Business Service IBS-C: Irritable bowel syndrome with constipation

MAXIMIZE THE PRODUCT VALUE

CONTINUOUS INTRODUCTION OF NEW PRODUCTS 17 EMEA [Status of XTANDI and BETMIGA] XTANDI Inclusion of TERRAIN data to SmPC Post-chemo indication: Launched in 41 countries Chemo-naive indication: Launched in 20 countries BETMIGA: Launched in 34 countries [FY2016 Progress] XTANDI Chemo-naive indication: Launched in Iceland Asia/Oceania Japan [Status of XTANDI and Betanis] XTANDI Launched Betanis Launched [FY2016 Progress] Repatha, Micatrio, Kiklin Granules Launched Americas [Status of XTANDI and Myrbetriq] XTANDI Post-chemo indication: Launched in 14 countries Chemo-naive indication: Launched in 10 countries Myrbetriq: Launched in 6 countries [FY2016 Progress] XTANDI Inclusion of TERRAIN data to label (US) Post-chemo indication: Launched in Colombia, Bolivia and Mexico Chemo-naive indication: Launched in Colombia and Chile Myrbetriq: Launched in Brazil [Status of XTANDI and BETMIGA] XTANDI Post-chemo indication: Launched in 11 countries/areas Chemo-naive indication: Launched in 7 countries/areas BETMIGA: Launched in 9 countries/areas [FY2016 Progress] XTANDI Post-chemo indication: Launched in Taiwan, India, Malaysia, Brunei and Thailand Chemo-naive indication: Launched in Taiwan, Hong Kong, Malaysia, Brunei and Thailand BETMIGA: Launched in Indonesia No. of countries/areas where the following have been launched: XTANDI: Approx. 70 Betanis / Myrbetriq / BETMIGA: Approx. 50 Underlined items show updates from the previous announcement

CREATE INNOVATION PIPELINE

ROBUST PIPELINE OF ASTELLAS 19 Phase 1 Phase 2 Phase 3 Filed ASG-15ME ASP5878 AGS67E ASP4132 AGS62P1 ASP6282 YM311/FG-2216 (JP) ASP7398 ASP6294 ASP8302 ASP5094 ASP4345 ASP4070 ASP7266 ASP0892 ASP1807/CC8464 enzalutamide (Breast cancer, HCC) AGS-16C3F (Renal cell carcinoma) blinatumomab (AMG 103) (Acute lymphoblastic leukemia, JP) enfortumab vedotin (ASG-22ME) (Urothelial cancer) IMAB362 (Gastroesophageal adenocarcinoma) YM311/FG-2216 (Renal anemia, EU) ASP8232 (Diabetic nephropathy) bleselumab (ASKP1240) (rfsgs) peficitinib (ASP015K) (Rheumatoid arthritis, US/EU) ASP7962 (Osteoarthritis) ASP8062 (Fibromyalgia) ASP0819 (Fibromyalgia) ASP3662 (Agitation associated with AD) ASP1707 (Endometriosis, rheumatoid arthritis) CK-2127107 (SMA, COPD) RPE cell program (Dry AMD etc.) enzalutamide (M0 CRPC, M0 BCR: US/EU/Asia, M1 HSPC, TNBC: US/EU/JP/Asia) (3-month, JP) degarelix gilteritinib (ASP2215) (AML, US/EU/JP/Asia) ASP8273 (NSCLC, US/EU/JP/Asia) solifenacin (Pediatric NDO, US/EU) solifenacin/mirabegron (Concomitant use, US/EU/Asia) mirabegron (Pediatric NDO, EU) roxadustat (ASP1517/FG-4592) (Anemia associated with CKD, EU/JP) ASP0113/VCL-CB01 (CMV-HCT, US/EU/JP) peficitinib (ASP015K) (Rheumatoid arthritis, JP/Asia) fidaxomicin (Infectious enteritis: JP, pediatric: EU) ipragliflozin/sitagliptin (Fixed dose combination, JP) ipragliflozin (Type 1 diabetes, JP) linaclotide (Chronic constipation, JP) enzalutamide (Tablet, EU/JP) quetiapine (BP-D, JP) romosozumab (AMG 785) (Osteoporosis, JP) THERAPEUTIC AREA: Oncology Urology, Nephrology Immunology, Neuroscience Others New molecular/biological entity Outline of the projects are shown. Please refer to pipeline list for details including target disease. HCC: Hepatocellular carcinoma, rfsgs: Recurrence of focal segmental glomerulosclerosis, AD: Alzheimer s disease, SMA: Spinal muscular atrophy, COPD: Chronic obstructive pulmonary disease, AMD: Age-related macular degeneration, M0 CRPC: Non-metastatic castration-resistant prostate cancer, M0 BCR: Non-metastatic biochemical recurrence, M1 HSPC: Metastatic hormone sensitive prostate cancer, TNBC: Triple-negative breast cancer, AML: Acute myeloid leukemia, NSCLC: Non-small cell lung cancer, NDO: Neurogenic detrusor overactivity, CKD: Chronic kidney disease, CMV: Cytomegalovirus, HCT: Hematopoietic cell transplant, BP-D: Bipolar disorder depressive episodes

STEADY PROGRESS IN DEVELOPMENT SUMMARY OF CHANGES FROM OCTOBER 2016 TO JANUARY 2017 20 P1 Entry P2 Entry P3 Entry Filing Approval enfortumab vedotin Urothelial cancer ASP3662 Agitation associated with Alzheimer s disease romosozumab Filed in Dec. 2016 Osteoporosis for those at high risk of fracture (Japan) linaclotide (LINZESS tablets) Approved in Dec. 2016 Irritable bowel syndrome with constipation (Japan) Discontinuation (in a part of indications) etc. ASP7374: Prophylaxis of seasonal influenza (Filed, Japan) (Exercised the right to terminate the agreement with UMN Pharma. Withdrew the application for marketing approval based on the comprehensive consideration.) ASP7373: Prophylaxis of H5N1 influenza (P2, Japan) (Exercised the right to terminate the agreement with UMN Pharma.) gilteritinib: Non-small cell lung cancer (P1) (The phase 1 study was terminated due to adverse events in combination therapy.) ASP2205: Stress urinary incontinence (P1)

RECENT HIGHLIGHTS 21 linaclotide Top line results obtained from Japanese Phase 3 study in patients with chronic constipation - The study met its primary endpoints. - Safety profile was consistent with the previous clinical studies. ASP0892 Fast track designation granted from FDA for mitigation of severe hypersensitivity reactions due to peanut allergy Phase 1 study ongoing

ONCOLOGY PIPELINE 22 Small molecule Antibody Stage in the most advanced territory Project Target Cancer Characteristics P1 P2 P3 Prostate cancer enzalutamide (M0 CRPC, M0 BCR, M1 HSPC), PC, TNBC Androgen receptor inhibitor Breast cancer, Hepatocellular carcinoma BC, HCC degarelix Prostate cancer GnRH antagonist 3-month: JP gilteritinib Acute myeloid leukemia FLT3/AXL inhibitor ASP8273 Non-small cell lung cancer Mutant-selective irreversible EGFR inhibitor ASP5878 Solid tumors FGFR inhibitor ASP4132 Advanced cancer IMAB362 Gastroesophageal adenocarcinoma Antibody (target: CLDN18.2) AGS-16C3F Renal cell carcinoma Antibody utilizing ADC (target: ENPP3) blinatumomab Acute lymphoblastic leukemia Anti-CD19 BiTE enfortumab vedotin (ASG-22ME) Urothelial cancer Antibody utilizing ADC (target: Nectin-4) ASG-15ME Urothelial cancer Antibody utilizing ADC (target: SLITRK6) AGS67E Lymphoid malignancy Antibody utilizing ADC (target: CD37) AGS62P1 Acute myeloid leukemia Antibody utilizing ADC (target: FLT3) ADC: Antibody-drug conjugate, PC: Prostate cancer, BC: Breast cancer

ENZALUTAMIDE: DEVELOPMENT PROGRESS 23 Prostate cancer Breast cancer HCC Phase/Region* Population Design P1 P2 P3 P3 US/EU/Asia [PROSPER study] P3 US/EU/Asia [EMBARK study] P3 US/EU/JP/Asia [ARCHES study] P3 US/EU/JP/Asia [ENDEAR study] P2 US/EU P2 US/EU P2 US/EU/Asia M0 CRPC Non-metastatic CRPC M0 BCR Non-metastatic prostate cancer, biochemical recurrence M1 HSPC Metastatic hormone-sensitive prostate cancer Triple-negative Advanced, diagnostic-positive, triplenegative breast cancer ER/PR positive Advanced breast cancer that is ER positive or PR positive and HER2 normal HER2 positive Advanced, androgen receptorpositive, HER2 positive breast cancer Placebo-controlled, combination with ADT, n=1,500 To compare with ADT and combination, n=1,860 Placebo-controlled, combination with ADT, n=1,100 Combination with paclitaxel or monotherapy, versus placebo with paclitaxel, n=780 Placebo-controlled, in combination with exemestane, n=240 Open-label, n=80 Hepatocellular carcinoma Placebo-controlled, n=144 Updated underlined items from previous disclosure First Patient In: Nov. 2013 First Patient In: Jan. 2015 First Patient In: Mar. 2016 Study start on the way Last Patient In: Apr. 2015 Last Patient In: Aug. 2016 Last Patient In: Dec. 2016 *The region where the study is performed ADT: Androgen-deprivation therapy, ER: Estrogen receptor, PR: Progesterone receptor, HER2: Human epidermal growth factor receptor 2

GILTERITINIB: DEVELOPMENT PROGRESS 24 Updated underlined items from previous disclosure AML Phase/Region* Population Design P1 P2 P3 P3 Global [ADMIRAL study] P1/2 US/EU [CHRYSALIS study] Relapsed or refractory 1 st relapsed or refractory, FLT3 mutation positive Open-label, randomized, monotherapy vs salvage chemo (2:1), n=369 Relapsed or refractory Dose-escalation and expansion, n=258 P1 JP Relapsed or refractory Dose-escalation and expansion P2/3 Global [LACEWING study] P3 Global [MORPHO study] P3 Global [GOSSAMER study] P1 US P1 JP 1 st line intensive chemo ineligible Newly diagnosed, FLT3 mutation positive HSCT maintenance FLT3-ITD positive Post-chemo maintenance FLT3-ITD positive 1 st line intensive chemo eligible Newly diagnosed 1 st line intensive chemo eligible Newly diagnosed Open-label, randomized, 3 arms (monotherapy, combo with azacitidine and azacitidine alone), n=528 Double-blind, randomized, monotherapy vs placebo (1:1), n=346 Double-blind, randomized, monotherapy vs placebo (2:1), n=354 Combination with induction and consolidation chemo Combination with induction and consolidation chemo First Patient In: Oct. 2015 Final results presented at ASH2016 Enrollment completed First Patient in: Nov. 2016 Under preparation Collaborating with Blood and Marrow Transplant Clinical Trial Network (BMT-CTN) Under preparation *The region where the study is performed FLT3: FMS-like tyrosine kinase 3, ITD: Internal tandem duplication

ENFORTUMAB VEDOTIN: DEVELOPMENT PROGRESS -PHASE 2 STUDY TO START IN 2017-25 enfortumab vedotin enfortumab vedotin Antibody drug conjugate directed against Nectin-4 Target Nectin-4 is a type I transmembrane protein that belongs to the Nectin family of adhesion molecules Variable, mostly weak or moderate in normal tissue Highly expressed in bladder cancer with 83% (434/524) on tissue microarrays were positive, 60% with strong or moderate staining Development progress Plan Consult with regulatory agencies and pursue registrational-directed development plan Phase 2 planned in patients who have been exposed to check point inhibitor therapy Current Phase 1 Continue Phase 1 expansion cohorts in other Nectin 4 expressing solid tumors, including NSCLC and ovarian

GANYMED ACQUISITION COMPLETED 26 IMAB362: Results from Phase 2 FAST Study Progression-free survival (primary endpoint) Overall survival The most frequent adverse effects observed during the study were vomiting, nausea and neutropenia. Plan to discuss with regulatory authorities for next steps Salah-Eddin Al-Batran et al. 2016 ASCO Annual Meeting EOX: Epirubicin, Oxaliplatin, Capecitabine

FY2016 EXPECTED KEY PIPELINE EVENTS 27 *Subject to internal assessment, decision and regulatory consultation, as appropriate Data Readouts and Phase Transition* Filing* Regulatory Decisions Data readouts** solifenacin/mirabegron Phase 3 long term study (SYNERGY II) enzalutamide Phase 2 in ER/PR+ breast cancer ASP0113 Phase 2 in solid organ transplants* Phase transition enzalutamide TNBC to Phase 3 ASP3662 Phase 2 in PDPN ASP8232 Phase 2 in DME gilteritinib Phase 1/2 final results in AML ASP8273 Phase 1/2 final results in NSCLC linaclotide CC to Phase 3 solifenacin Pediatric OAB (US) enzalutamide Tablet (Japan) degarelix 3-month formulation (Japan) romosozumab Osteoporosis (Japan) quetiapine BP-D (Japan) fidaxomicin CDI (Japan) enzalutamide TERRAIN (US) enzalutamide Tablet (EU) solifenacin Pediatric OAB (EU) bixalomer Granule formulation (Japan) linaclotide IBS-C (Japan) ASP7374*** Seasonal influenza (Japan) ***Exercised the right to terminate the agreement with UMN Pharma ** Final data readouts or completion of data evaluation Light gray items indicate completed events PDPN: Painful diabetic peripheral neuropathy, DME: Diabetic macular edema, AML: Acute myeloid leukemia, NSCLC: Non-small cell lung cancer, TNBC: Triple-negative breast cancer, CC: Chronic constipation, BP-D; Bipolar disorder, depressive episodes, CDI: Chrostridium difficile infection, IBS-C, Irritable bowel symptom with constipation

CREATE SOCIAL VALUE

NEW INITIATIVE: PARTICIPATION IN ACCESS ACCELERATED 29 Builds on Company Commitment to improve Access to Health Access Accelerated: A global, multi-stakeholder initiative to advance access to non-communicable disease (NCD) prevention, diagnostics and treatment in low-income and lowermiddle income countries Together with 21 other leading pharmaceutical companies and in collaboration with the World Bank Group and the Union for International Cancer Control (UICC), Astellas will seek to find and advance new solutions to address gaps in access for NCDs, and work towards the United Nations Sustainable Development Goal target to reduce premature deaths from NCDs by one-third by 2030.

AGENDA 30 I Q3/FY2016 Financial Results II Initiatives to Build Resilience for Sustainable Growth III Profit Distribution Policy

PROFIT DISTRIBUTION POLICY 31 Top priority on investment for growth of Rx business Dividends to be increased continuously based on mid- and long-term growth Share buybacks to be implemented in a flexible manner FY2014 FY2015 FY2016 (Forecast) Core EPS 69.37 yen 92.12 yen 95.60 yen Dividends per Share 30 yen 32 yen 34 yen (planned) ROE 10.5% 15.0% - DOE 5.1% 5.4% - Share Buybacks* Cancellation. of Treasury Shares 38 million shares (58.2 billion yen) 68 million shares (119.3 billion yen) 25 million shares 38 million shares Implemented in a flexible manner 30 million shares (45.9 billion yen) (in Oct. Dec.) 68 million shares (in Jun.) *Excluding amounts for the buyback of shares consisting less than one unit

REALIZE SUSTAINABLE GROWTH 32 Resiliently respond to the changing environments and aim for sustainable growth Business goes favorably, driven by XTANDI and OAB products Continue investing in R&D for creating innovation that is source of future growth Work toward higher quality and efficiency of operations through optimization of resources, enhancement of organizational structure and further promotion of cost efficiency Sales (billion yen) Core operating profit 1,139.9 981.9 1,247.3 1,372.7 1,300.0 Sustainable sales growth Continue investing in R&D for growth 168.0 186.3 216.5 267.5 274.0 FY2012 FY2013 FY2014 FY2015 FY2016 (Revised Forecasts) Further improvement of operating profit ratio

APPENDIX

RECONCILIATION OF FULL BASIS TO CORE BASIS 34 FY15 APR. - DEC. (billion yen) Full basis Adjustment Core basis Full basis Adjustment Core basis Sales 1,065.7-1,065.7 1,005.6-1,005.6 Cost of sales 270.5-270.5 250.8-250.8 Gross profit 795.2-795.2 754.8-754.8 SG&A expenses 362.7-362.7 336.7-336.7 R&D expenses 165.0-165.0 148.3-148.3 Amortisation of intangible assets 33.2-33.2 26.7-26.7 Share of losses of associates and joint ventures -0.5 - -0.5-1.3 - -1.3 Other income *1 1.1-1.1-6.6-6.6 - Other expense *1 19.4-19.4-17.1-17.1 - Operating profit 215.6 18.3 233.9 231.3 10.5 241.8 Finance income *2 13.8-12.1 1.7 14.0-12.7 1.3 Finance expense *2 0.9-0.4 0.6 1.4-0.4 1.0 Profit before tax 228.5 6.6 235.1 243.9-1.8 242.1 Income tax expense 63.9 1.8 65.7 65.1-0.2 64.9 Profit for the period 164.5 4.8 169.4 178.8-1.6 177.2 FY16 APR. - DEC. *1. Other income and Other expense are excluded from Full basis results. Other income and Other expense include gain/loss on sale and disposal of property, plant and equipment, impairment losses for other intangible assets, restructuring costs, litigation costs and net foreign exchange gains/losses, etc. *2. Gain/loss on sale of available-for-sale ( AFS ) and impairment losses of AFS included in Finance income and Finance expense are excluded from Full basis results.

MAXIMIZE THE VALUE OF ENZALUTAMIDE FOR PROSTATE CANCER PATIENTS 35 Localized Therapy* Castration Anti-Androgens Chemotherapy M0 BCR EMBARK PIII study >>> >>> M0 CRPC PROSPER PIII study Sipuleucel -T PSA/ Tumor volume Local Therapy >>> >>> Ongoing Ongoing M1 HSPC ARCHES PIII study** Chemo-naive (PREVAIL study) Post-chemo (AFFIRM study) Cabazitaxel Ongoing Non-Metastatic Asymptomatic Non-Metastatic Castration Hormone Sensitive Time Metastatic Metastatic Symptoms Castration Resistant P. Mulders et al. EAU2012, modified by Astellas * Radiotherapy, prostatectomy ** Metastatic at the time of diagnosis PSA: Prostate-specific antigen

GILTERITINIB: TREATMENT LANDSCAPE IN AML 36 Phase 1 study Ongoing Highintensity induction chemo Chemo consolidation Cytarabine Maintenance GOSSAMER study Under preparation FLT3 + AML patients Cytarabine-based combination therapy (7+3) Transplant Maintenance MORPHO study Under preparation Salvage therapy FLAG-Ida, MEC, LoDAC, azacitidine Low-intensity chemo Azacitidine, decitabine, LoDAC LACEWING study Ongoing ADMIRAL study Ongoing 7+3: Cytarabine + idarubicin or daunorubicin, LoDAC: Low dose cytarabine, FLAG-Ida: Fludarabine + cytarabine + G-CSF + idarubicin, MEC: Mitoxantrone + etoposide + cytarabine

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