Komori
Veritas In Silico (130A) · RiskMaterialised

Suspension or Delay of Joint Research Due to Changes in Pharmaceutical Company Policies

First written in FY2023. 3 of 7 entries say "Materialised", first in 2026-04-13. Latest entry: FY2026-H1.

7entries
3years
4from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2023Materialised2026-04-13 – FY2026-H12024: 120242025: 020252026: 62026
Same theme, other companies
Dependence on Alliance Partners' Technology, R&D and Management PoliciesA theme 26 companies write about · 28 as a headwind · 0 as a tailwind

Veritas In Silico moved to the "Worse" side of this theme in 2026, 3 years after the typical company in this theme (2023).

The whole theme swung hardest in 2025: 3 of 8 companies on the "Worse" side.

4 other companies' latest entry also says "Materialised".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 26 companies compared. The sentences above are computed from all 26.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1MaterialisedAnnual report

    「The joint research with Takeda Pharmaceutical Company Limited had produced certain results, but following discussions and consideration by both companies, it ended in April 2026.」

    The risk of interruption or termination of joint research with a partner materialized in the conclusion of the joint research with Takeda Pharmaceutical Company Limited. However, the text states that this followed discussions and consideration by both companies and does not attribute it to a change in the partner’s policy.
  2. FY2025RestatedAnnual report

    「In addition to these general circumstances, our platform business involves uncertainties, including the fact that the progress of drug-discovery research cannot be controlled solely at our discretion and may be affected by the policies and decisions of our partners.」

    The company continues to recognize the risk that the progress of joint research may be affected by partners’ policies and decisions.
  3. 2026-03-02WorsenedGeneral Meetings of Shareholders

    「Recently, major pharmaceutical companies worldwide have shown a tendency to scale back their in-house research and development, and the business environment surrounding us is changing rapidly. This is a significant headwind for our platform business, which conducts joint drug discovery research with pharmaceutical companies using our AI drug discovery platform, aibVIS.」

    The trend of major pharmaceutical companies restraining research and development was explicitly described as a headwind for the platform business.
  4. FY2023First statedAnnual report

    「If an agreement is terminated or research is interrupted, discontinued or delayed due to factors beyond our control, such as changes in a partner’s business environment or management policy, our business strategy and business plans may change, potentially affecting our business, financial condition and operating results.」

    The platform business depends on the business environment and policies of partners for the progress of research.
Moved together

"Revenue Volatility Due to Dependence on Contracts and Milestones" moved the same way as this thread, in the same document, in 2 of its 7 moves.

22★12
  1. ★This thread
  2. 1Revenue Volatility Due to Dependence on Contracts and Milestones2×
  3. 2Increased Business Revenue and Return to Profitability2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Veritas In Silico yet. It last moved in the Earnings presentation of 2026-08-05: "Worsened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.