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Earnings130AVeritas In Silico Inc.Pharmaceuticals

Summary of Financial Results for the First Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Non-Consolidated)

In the first quarter, business revenue decreased 26.2% year on year to ¥17.8 million, while the operating loss widened to ¥122.2 million. The company also recorded an impairment loss of ¥135.5 million on property, plant and equipment, resulting in a quarterly net loss of ¥256.4 million.

Worth reading
46Recurring
Scored from 5 of 6 sections
Direction
Deterioration
Direction inferred from the company’s description.
Scale
135.52
¥ million
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 January 2026–31 March 2026Non-consolidated (standalone)Japanese GAAP
Net Sales17¥ millionYear on year -26.2%Progress 15.0%
Operating profit-122¥ million
Ordinary income-120¥ million
Net income attributable to owners of the parent-256¥ million

The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.

Net income per share-¥39.52
Financial position at period-end
Total assets1,785¥ million
of which net assets 1,527 ¥ millionEquity ratio 85.6%vs. prior year-end -9.0pt

塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.

Segment revenuenot disclosed (omitted because the company has a single segment)
Segment profitnot disclosed (omitted because the company has a single segment)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥113 million (YoY +24.2%)
Operating profit¥-569 million
Ordinary income¥-564 million
Net income¥-567 million
Revision to Earnings ForecastNo
Annual Dividend Forecast¥0.00 → ¥0.00
Factors Behind Changes in Business Performance

The company recorded business revenue of ¥17,800 thousand from research support payments and other income received periodically under a collaborative drug-discovery research agreement, while incurring business expenses of ¥139,998 thousand, including research and development expenses of ¥67,034 thousand, and recording an impairment loss of ¥135,520 thousand resulting from the impairment of acquired property, plant and equipment.

Disclosure regarding the going concern assumption

Not applicable.

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Impairment loss¥135,520 thousand
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Item Impairment Losses / Amount ¥135,520 thousand
Depreciation and amortization¥1,772 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNo
Issued Shares at Period-End6,487,114 shares
Treasury Shares at Period-End— shares
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedNon-consolidated (standalone)
Period Covered1 January 2026–31 March 2026
Net Sales¥17 million (YoY -26.2%)
Operating profit¥-122 million
Ordinary income¥-120 million
Profit attributable to owners of the parent¥-256 million
Net income per share-¥39.52
Equity ratioEnd of the current fiscal period 85.6 / End of previous period 94.6
Total assets¥1,785 million
Net assets¥1,527 million
Full-year earnings forecastNet Sales ¥113 million (YoY +24.2%) / Operating profit ¥-569 million / Ordinary income ¥-564 million / Net income ¥-567 million
Revision to Earnings ForecastNo
Annual Dividend Forecast¥0.00 → ¥0.00
Segment revenuenot disclosed (omitted because the company has a single segment)
Segment profitnot disclosed (omitted because the company has a single segment)
Depreciation and amortization¥1,772 thousand
Impairment loss¥135,520 thousand
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Item Impairment Losses / Amount ¥135,520 thousand
Disclosure regarding the going concern assumptionNot applicable.
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNo
Issued Shares at Period-End6,487,114 shares
Treasury Shares at Period-End— shares
Factors Behind Changes in Business PerformanceThe company recorded business revenue of ¥17,800 thousand from research support payments and other income received periodically under a collaborative drug-discovery research agreement, while incurring business expenses of ¥139,998 thousand, including research and development expenses of ¥67,034 thousand, and recording an impairment loss of ¥135,520 thousand resulting from the impairment of acquired property, plant and equipment.
Items this document does not state (11)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogChanges in the scope of consolidationMaterial subsequent events

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The company recorded business revenue from research support payments and other income received under a collaborative drug-discovery research agreement, while incurring business expenses, including research and development expenses, and recording an impairment loss resulting from the impairment of acquired property, plant and equipment.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Summary of Financial Results for the First Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Non-Consolidated) | Veritas In Silico Inc. (130A) timely disclosure | Komori