Agreements reached under this partnership
Discontinuation- 1
Milestone payment finalized at ¥200 million
- 2
Execution of an agreement on termination of the contract
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
Number of medical institutions adopting the app: 1000, Number of prescriptions: 2000 per month
The impact on the Company's results for the fiscal year ending June 2027 from executing the agreement on termination of the contract is expected to be minor. The ¥200 million milestone payment is expected to be recognized as business revenue in the first quarter of the fiscal year ending June 2027.
| Item | Details |
|---|---|
| Name of alliance partner | Shionogi & Co.,Ltd. |
| Alliance partner's location | Kita Ward, Osaka City |
| Type of alliance | Discontinuation |
| Details of the alliance | Milestone payment finalized at ¥200 million, Execution of an agreement on termination of the contract |
| Numerical targets under the alliance | Number of medical institutions adopting the app: 1000, Number of prescriptions: 2000 per month |
| Contract Date | 26 August 2026 |
| Impact on Business Performance | The impact on the Company's results for the fiscal year ending June 2027 from executing the agreement on termination of the contract is expected to be minor. The ¥200 million milestone payment is expected to be recognized as business revenue in the first quarter of the fiscal year ending June 2027. |
Items this document does not state (16)
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.Following repeated discussions between the two companies regarding the future handling of the agreement, they agreed to terminate it. The Company states that the termination was not due to any issue with the app itself or a unilateral cancellation.