ONO PHARMACEUTICAL CO., LTD.



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ONO PHARMACEUTICAL CO., LTD. February 4, 2013 Ono Pharmaceutical Co., Ltd. has announced its consolidated financial results for nine months ended December 31,. This First - Third Quarter Flash Report 2013 (unaudited) is summary information extracted from financial statements announced, and the financial statements contained herein are prepared for the reference only for the convenience of readers outside Japan with certain modifications and reclassifications made from the original financial statements presented in Japanese language. Financial Highlights 1st-3rd Quarter 9 months ended Dec 31 (Note) All yen amounts are rounded off to the nearest million yen. 1st-3rd Quarter Annual 1st-3rd Quarter 9 months 12 months 9 months ended Dec 31 ended Mar 31 ended Dec 31 2011 Net sales 112,369 112,786 145,779 $ 1,291,598 Net income 20,942 17,675 24,361 240,713 Total Net assets 405,229 391,364 400,968 4,657,805 Total assets 433,727 421,719 436,414 4,985,368 Net income per common share 197.53 166.71 229.78 $ 2.27 Yen US$ 1

Consolidated Financial Forecast for the Year Ending March 31,2013 Year ending March 31,2013 Net sales 146,200 $ 1,680,460 Operating income 32,700 375,862 Ordinary income 34,100 391,954 Net income 23,000 264,368 Net income per common share 216.95 2.49 Yen US$ (*)The foregoing are forward-looking statements based on a number of assumptions and beliefs in light of the information currently available to management and are subject to risks and uncertainties. Actual financial results may differ materially depending on a number of economic factors,including conditions and currency exchange rate fluctuations. 2

Consolidated Balance Sheets ASSETS 1st-3rd Quarter December 31 (Note) All amounts are rounded off to the nearest million yen. 1st-3rd Quarter Annual December 31 March 31 2011 1st-3rd Quarter December 31 Current assets Cash and bank deposits 19,744 20,007 20,960 $ 226,943 Notes and accounts receivable 45,476 45,593 37,853 522,713 Marketable securities 98,581 104,820 104,814 1,133,115 Inventories 21,835 15,143 18,638 250,977 Others 20,633 16,943 19,977 237,160 Allowance for doubtful receivables (6) (5) (6) (69) Total current assets 206,263 202,501 202,236 2,370,839 Property, plant and equipment Land 22,544 22,552 22,550 259,126 Buildings and structures 21,942 22,412 22,644 252,207 Machinery,equipment and others 3,015 2,634 2,525 34,656 Construction in progress 966 178 262 11,103 Net property, plant and equipment 48,467 47,776 47,980 557,092 Investments and other assets Investment securities 163,628 152,111 168,691 1,880,782 Intangible assets 1,198 928 995 13,770 Others 14,171 18,403 16,512 162,885 Total investments and other assets 178,997 171,442 186,198 2,057,437 Total assets 433,727 421,719 436,414 $ 4,985,368 3

LIABILITIES AND EQUITY (Note) All amounts are rounded off to the nearest million yen. 1st-3rd Quarter 1st-3rd Quarter Annual 1st-3rd Quarter December 31 December 31 March 31 December 31 2011 Current liabilities Current portion of long-term debt 102 2 2 $ 1,172 Notes and accounts payable 4,083 4,040 5,767 46,931 Income tax payable 4,270 7,221 8,876 49,080 Others 15,916 15,093 16,397 182,943 Total current liabilities 24,371 26,356 31,042 280,126 Long-term liabilities Long-term debt, less current portion 160 12 11 1,839 Liabilities for retirement benefits 1,209 1,245 1,628 13,897 Asset retirement obligations 54 53 53 621 Others 2,704 2,689 2,712 31,080 Total long-term liabilities 4,127 3,999 4,404 47,437 Equity Common stock 17,358 17,358 17,358 199,517 Capital surplus 17,080 17,080 17,080 196,322 Retained earnings 427,646 419,102 425,787 4,915,472 Treasury stock-at cost (59,212) (59,201) (59,204) (680,598) Total equity 402,872 394,339 401,021 4,630,713 Other comprehensive income Unrealized gain on securities (*) 7,819 2,816 5,725 89,874 Land revaluation surplus (8,578) (8,578) (8,577) (98,598) Deferred gain on hedges 45 - - 517 Foreign currency translation adjustments (129) (309) (277) (1,483) Total other comprehensive income (843) (6,071) (3,129) (9,690) Minority interests 3,200 3,096 3,076 36,782 Total net assets 405,229 391,364 400,968 4,657,805 Total liabilities and total net assets 433,727 421,719 436,414 $ 4,985,368 (*) Unrealized gain on securities classified as available for sale, net of tax 4

Consolidated Statements of Income (Note) All amounts are rounded off to the nearest million yen. 1st-3rd Quarter 1st-3rd Quarter Annual 1st-3rd Quarter 9 months 9 months 12 months 9 months ended Dec 31 ended Dec 31 2011 ended Mar 31 ended Dec 31 Net sales 112,369 112,786 145,779 $ 1,291,598 Cost of sales 25,746 21,754 28,987 295,931 Gross profit 86,623 91,032 116,792 995,667 Selling, general and administrative expenses 57,750 57,613 78,888 663,793 Operating income 28,873 33,419 37,904 331,874 Other income (expenses) Interest and dividend income 2,367 2,518 2,800 27,207 Interest expenses (1) (0) (1) (11) Other, net 336 (4,158) (693) 3,861 2,702 (1,640) 2,106 31,057 Income before income taxes and minority interests 31,575 31,779 40,010 362,931 Income taxes 10,495 13,875 15,376 120,632 Income before minority interests 21,080 17,904 24,634 242,299 Minority interests (138) (229) (273) (1,586) Net income 20,942 17,675 24,361 $ 240,713 Per share of common stock Basic net income 197.53 166.71 229.78 $ 2.27 Cash dividends applicable to the period 90.00 90.00 180.00 $ 1.03 Yen US$ 5

Consolidated Statements of Comprehensive Income (Note) All amounts are rounded off to the nearest million yen. 1st-3rd Quarter 1st-3rd Quarter Annual 1st-3rd Quarter 9 months 9 months 12 months 9 months ended Dec 31 ended Dec 31 ended Mar 31 ended Dec 31 2011 Net income before minority interests 21,080 17,904 24,634 $ 242,299 Other comprehensive income Unrealized loss on available-for-sale securities 2,085 (1,341) 1,578 23,966 Deferred gain on hedges 45 - - 517 Land revaluation difference - 361 361 Foreign currency translation adjustments 147 (43) (10) 1,690 Share of other comprehensive income in associates 3 1 4 34 Total other comprehensive income 2,280 (1,022) 1,933 26,207 Comprehensive income 23,360 16,882 26,567 268,506 Total comprehensive income attributable to Owners of the parent 23,228 16,646 26,274 266,989 Minority interests 132 236 293 1,517 6

Consolidated Statements of Cash Flows (Note) All amounts are rounded off to the nearest hundred million yen. Hundred millions of yen Hundred thousands of US$ 1st-3rd Quarter 1st-3rd Quarter 1st-3rd Quarter 9 months 9 months 9 months ended Dec 31 ended Dec 31 ended Dec 31 2011 Operating activities: (*) 56 113 $ 644 Investing activities: 153 138 1,759 Financing activities: (183) (186) (2,103) Net decrease in cash and cash equivalents 25 65 287 Cash and cash equivalents, ending 876 891 $ 10,069 (*)Depreciation and amortization is included in Operating activities 21 22 $ 241 7

Notes to Consolidated Financial Statements Note 1 This First-Third Quarter Flash Report 2013 (unaudited) is a summary information extracted from the financial statements announced by the Company on February 4, 2013 The financial statements announced have been prepared and stated in accordance with accounting principles generally accepted in Japan. The financial statements and figures contained in this First-Third Quarter Flash Report 2013 (unaudited) are prepared for the reference only for the convenience of readers outside Japan with certain modifications and reclassifications made from the original financial statements presented in Japanese language. Note 2 All amounts expressed herein in millions of Japanese yen are rounded off to the nearest million yen, which are to follow the basis of presentation in the above original announcement. Note 3 U.S. Dollar amounts herein are given solely for the convenience of readers outside Japan and are stated, as a matter of arithmetical computation only, at the rate of Japanese yen 87 = US$ 1, the approximate exchange rate prevailing on December 28, 8

Sales of Major Products Supplemental Data For information purpose only (Note) All amounts are rounded off to the nearest hundred million yen. Results 1st-3rd Quarter 9 months ended Dec 31 Increase/Decrease Year ending March 31,2013 Forecast Opalmon Circulatory system agent 268 44 14.0% 335 Glactiv Agent for type II diabetes 268 +59 28.5% 350 Onon Agent for bronchial asthma and allergic rhinitis 113 26 18.9% 165 Kinedak Agent for diabetic peripheral neuropathy 70 20 22.5% 90 Foipan Agent for chronic pancreatitis and postoperative reflux esophagitis 70 11 13.7% 85 Emend/Proemend Agent for Chemotherapy-induced nausea and vomiting 62 +11 21.9% 75 Recalbon Agent for osteoporosis 57 +33 138.1% 80 Staybla Agent for overactive bladder (pollakiuria and urinary incontinence) 50 +4 7.8% 70 Onon dry syrup Agent for pediatric bronchial asthma 55 3 5.1% 75 Elaspol Agent for acute lung injury associated with SIRS 31 3 8.3% 40 Onoact Agent for tachyarrhythmia during and post operation 30 +3 9.6% 36 Rivastach Agent for Alzheimer's disease 29 +20 242.9% 38 Note: Sales of products are shown in a gross sales basis. 9

First- Third Quarter (April 1 December 31, ) Flash Report (unaudited) Supplemental Information Status of Development Pipeline as of February 4, 2013 Developments in Japan NDA filed (New Formulations): Orencia SC (ONO-4164 SC / BMS-188667SC) (Co-development with Bristol-Myers Squibb Company) Rheumatoid Arthritis [T-cell activation inhibitor] Glactiv Tab lets 12.5mg (ONO-5435 / MK-0431) (Co-development with Merck & Co., Inc.) Type II diabetes with severe renal dysfunction [DPP-4 inhibitor] Ongoing clinical studies (New Chemical Entities): ONO-4538 / BMS-936558 (injection) Renal cell cancer (Phase III) [Fully human anti-pd-1 antibody] ONO-2745 / CNS 7056 (injection) (In-licensed from PAION AG) Short acting general anesthetic (Phase II / III) [GABA A receptor modulator] ONO-7165 / EMD531444 (injection) (Co-development with Merck KGaA) Non-small cell lung cancer (Phase II) [Therapeutic cancer peptide vaccine targeting the tumor antigen MUC-1] ONO-4641 (tablet) Multiple sclerosis (Phase II) [S1P receptor agonist] ONO-3849 / Methylnaltrexone bromide (injection) (In-licensed from Progenics Pharmaceuticals, Inc.) Opioid-induced constipation (Phase II) [Mu-opioid receptor antagonist] ONO-7643 / RC-1291 (tablet) (In-licensed from Helsinn Therapeutics (U.S.), Inc.) Cancer anorexia / cachexia (Phase II) [Ghrelin mimetic] ONO-4538 / BMS-936558 (injection) Melanoma (Phase II) [Fully human anti-pd-1 antibody] ONO-4538 / BMS-936558 (injection) *1 Non-small-cell lung cancer (Phase II) [Fully human anti-pd-1 antibody] ONO-3951 / Asimadoline (tablet) (In-licensed from Tioga Pharmaceuticals, Inc.) Irritable bowel syndrome (Phase II) [Kappa-opioid receptor agonist] ONO-2745 / CNS 7056 (injection) (In-licensed from PAION AG) ICU sedation (Phase II) [GABA A receptor modulator] ONO-7057 / Carfilzomib (injection) (In-licensed from Onyx Pharmaceuticals, Inc.) Multiple Myeloma (Phase I / II) [Proteasome inhibitor] ONO-5163 / AMG-416 (injection) (In-licensed from Amgen Inc.) Secondary hyperparathyroidism (Phase I / II) [Calcium sensing receptor agonist] ONO-7056 / Salirasib (tablet) (In-licensed from Kadmon Corporation LLC) Solid tumor (Phase I) [Ras signal inhibitor] ONO-7268 MX1 (injection) (In-licensed from OncoTherapy Science, Inc.) Hepatocellular carcinoma (Phase I) [Therapeutic cancer peptide vaccines] ONO-1162 / Ivabradine (tablet) (In-licensed from Les Laboratoires Servier) Chronic heart failure (Phase I) [If channel inhibitor] Ongoing clinical studies (Additional Indications): Glactiv Tab lets (ONO-5435 / MK-0431) (Co-development with Merck & Co., Inc.) Type II diabetes: combination therapy with a rapid-acting insulin secretagogue (Phase III) [DPP-4 inhibitor] Proemend for i.v. infusion (ONO-7847 / MK-0517) (In-licensed from Merck & Co., Inc.) Chemotherapy-induced nausea and vomiting in pediatric patients (Phase III ) [NK1 receptor antagonist] Onoact for Injection (ONO-1101) Tachyarrhythmia in low cardiac function (Phase II / III) [Short acting beta-1 blocker] Ongoing clinical studies (Additional Dosing Regimen): Rivastach Patch (ONO-2540 / ENA713D) (Co-development with Novartis Pharma K.K.) Alzheimer s disease (Phase III) [dual inhibitor of AChE and BuChE] Ongoing clinical studies (New Formulations): Glactiv and Metformin Combination Tablets (ONO- 5435A / MK-0431A) (Co-development with Merck & Co., Inc.) Type II diabetes (Phase III) / Combination product with Glacitiv and biguanide Developments abroad Ongoing clinical studies (New Chemical Entities): ONO-4538 / BMS-936558 (injection) (Out-licensed to Bristol-Myers Squibb Company) Renal cell cancer (Phase III) [Fully human anti-pd-1 antibody] ONO-4538 / BMS-936558 (injection) (Out-licensed to Bristol-Myers Squibb Company) Non-small-cell lung cancer (Phase III) [Fully human anti-pd- 1 antibody] ONO-4538 / BMS-936558 (injection) *2 (Out-licensed to Bristol-Myers Squibb Company) Melanoma (Phase III) [Fully human anti-pd-1 antibody] ONO-4641 (tablet) (Out-licensed to Merck KGaA) Multiple sclerosis (Phase II) [S1P receptor agonist] ONO-6950 (tablet) Bronchial asthma (Phase II) [LT receptor antagonist] ONO-6950 (tablet) Bronchial asthma (Phase I) [LT receptor antagonist] ONO-4053 (tablet) Allergic rhinitis (Phase II) [PGD2 receptor antagonist] 10

ONO-8539 (tablet) Gastroesophageal reflux disease (GERD) (Phase I) [PG receptor (EP1) antagonist] ONO-4538 / BMS-936558 (injection) (Out-licensed to Bristol-Myers Squibb Company) Hepatitis C (Phase I) [Fully human anti-pd-1 antibody] ONO-7746 (capsule) (In-licensed from Nissan Chemical Industries, Ltd.) Thrombocytopenia (Phase I) [TPO receptor agonist] ONO-2952 (tablet) Irritable bowel syndrome (Phase I) [TSPO antagonist] ONO-9054 (eye drop) Glaucoma, ocular hypertension (Phase I) [PG receptor (FP / EP3) agonist] ONO-4059 (tablet) B cell lymphoma (Phase I) [Bruton s tyrosine kinase (Btk) inhibitor] ONO-8055 (tablet) Underactive bladder (Phase I) [PG receptor (EP2 / EP3) agonist] Changes from Second Quarter Flash Report for the Fiscal Year ending March 2013 announced on November 5, *1: Phase II clinical study of ONO-4538, fully human anti-pd- 1 antibody, for non-small-cell lung cancer was commenced in Japan. *2: Phase III clinical study of ONO-4538, fully human anti- PD-1 antibody for melanoma was commenced overseas. *: Phase II clinical study of Opalmon Tablets (OP-1206) for additional indication of carpal-tunnel syndrome was discontinued because initially expected efficacy was not confirmed. 11