Komori
Earnings219AHeartseed Inc.Pharmaceuticals

Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026 (Japanese GAAP, Non-Consolidated)

For the interim period of the fiscal year ending December 2026, net sales were ¥467.370 million and the operating loss was ¥621.567 million. On a reported basis, this represented a significant deterioration from net sales of ¥1,919.350 million and operating income of ¥896.031 million in the interim period of the previous fiscal year. Meanwhile, development progressed, including the completion of the clinical trial analysis for HS-001 and its favorable results, as well as approval to continue the clinical trial for HS-005. Year-on-year comparisons have not been disclosed because the comparative periods differ due to a change in the fiscal year-end.

Worth reading
41Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-621567
¥ thousand
Wording
Avoiding a definitive answer
How definitive the wording is.

Results for this period

Interim period (second quarter)1 January 2026–30 June 2026Non-consolidated (standalone)Japanese GAAP
Net Sales467¥ millionProgress 100.0%
Operating profit-621¥ million
Ordinary income-551¥ million
Net income attributable to owners of the parent-554¥ 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−¥24.24
Financial position at period-end
Total assets7,042¥ million
of which net assets 6,663 ¥ millionEquity ratio 94.6%vs. prior year-end +0.9pt

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.

Cash inflows and outflows
Operating-529,128
Investment-1,278
Financials+22,240
Net change-508,166

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.

Cash and cash equivalents at end of period¥6,335,462 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥467 million
Operating profit¥-2,207 million
Ordinary income¥-2,155 million
Net income¥-2,158 million
Annual Dividend Forecast¥0.00 → ¥0.00
Disclosure regarding the going concern assumption

No applicable matters

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
Depreciation and amortization¥23,968 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (institutional investors and securities analysts)
Issued Shares at Period-End22,893,400 shares
Treasury Shares at Period-End0 shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedNon-consolidated (standalone)
Period Covered1 January 2026–30 June 2026
Net Sales¥467 million
Operating profit¥-621 million
Ordinary income¥-551 million
Profit attributable to owners of the parent¥-554 million
Net income per share−¥24.24
Equity ratioEnd of the current fiscal period 94.6 / End of previous period 93.7
Total assets¥7,042 million
Net assets¥6,663 million
Cash flows from operating activities¥-529,128 thousand
Cash flows from investing activities¥-1,278 thousand
Cash flows from financing activities¥22,240 thousand
Cash and cash equivalents at end of period¥6,335,462 thousand
Full-year earnings forecastNet Sales ¥467 million / Operating profit ¥-2,207 million / Ordinary income ¥-2,155 million / Net income ¥-2,158 million
Annual Dividend Forecast¥0.00 → ¥0.00
Depreciation and amortization¥23,968 thousand
Disclosure regarding the going concern assumptionNo applicable matters
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 BriefingYes (institutional investors and securities analysts)
Issued Shares at Period-End22,893,400 shares
Treasury Shares at Period-End0 shares
Items this document does not state (13)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogImpairment lossBreakdown of extraordinary income (loss)Changes in the scope of consolidationMaterial subsequent eventsFactors Behind Changes in Business Performance

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.

No specific factors behind the increase or decrease in performance are provided. In its business overview, the company explains that it will continue clinical development of HS-001 and HS-005, and will focus going forward on discussions with the PMDA toward filing an application for approval of HS-001 and on enrolling patients for HS-005.

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.
Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026 (Japanese GAAP, Non-Consolidated) | Heartseed Inc. (219A) timely disclosure | Komori