Komori
Disclosure190AChordia Therapeutics Inc.Pharmaceuticals

Notice Regarding Receipt of a Grant

The company has entered into a subcontracted research and development agreement with Kyoto University, confirming receipt of a ¥30 million grant for the fiscal year ending March 2027 under an AMED research program. The grant is scheduled to be recognized as non-operating income from the next fiscal year onward.

Worth reading
70In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
30000
¥ thousand
Wording
Conditional
How definitive the wording is.

Decision and Details

Nature of grant income

Decision17 July 2026 (date of execution of the subcontracted research and development agreement)
Period CoveredFor the fiscal year ending March 2027
Going forwardThe grant is scheduled to be recognized as non-operating income after the company receives a confirmation notice from AMED from the next fiscal year onward. The company will issue a further notice once the timing of recognition has been determined.
AmountGrant: ¥30 million
Reason

This is because the company entered into a subcontracted research and development agreement relating to a research and development project under AMED's Innovative Cancer Medical Research and Development Project for Practical Application.

Impact on Business Performance

The grant is scheduled to be recognized as non-operating income after the company receives a confirmation notice from AMED from the next fiscal year onward. There is no impact on the earnings forecast for the current fiscal year. The company will issue a further notice once the timing of recognition of the non-operating income has been determined.

Decision and Details
ItemDetails
Matter CoveredNature of grant income
Decision Date17 July 2026 (date of execution of the subcontracted research and development agreement)
Period CoveredFor the fiscal year ending March 2027
AmountGrant: ¥30 million
Impact on Business PerformanceThe grant is scheduled to be recognized as non-operating income after the company receives a confirmation notice from AMED from the next fiscal year onward. There is no impact on the earnings forecast for the current fiscal year. The company will issue a further notice once the timing of recognition of the non-operating income has been determined.
ReasonThis is because the company entered into a subcontracted research and development agreement relating to a research and development project under AMED's Innovative Cancer Medical Research and Development Project for Practical Application.
Future plansThe grant is scheduled to be recognized as non-operating income after the company receives a confirmation notice from AMED from the next fiscal year onward. The company will issue a further notice once the timing of recognition has been determined.
Items this document does not state (5)
Decision-Making BodyImplementation DateQuantity / scaleGoverning RuleRelated previous disclosures

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.

This is because the company entered into a subcontracted research and development agreement for the nonclinical testing of a novel therapeutic drug for intractable tumors with RNA-splicing mutations under AMED's "Innovative Cancer Medical Research and Development Project for Practical Application."

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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Receipt of a Grant | Chordia Therapeutics Inc. (190A) timely disclosure | Komori