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Earnings4438Welby Inc.Information and Communications, Services and Others

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

In the first quarter, revenue increased 10.7% year on year due to the recognition of revenue from a new PHR service in the Disease Solution Services segment. Operating loss, ordinary loss and net loss all narrowed. The full-year earnings forecast and dividend forecast remain unchanged.

Worth reading
45Recurring
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
10.7
Year-on-year change in revenue (%)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 January 2026–31 March 2026ConsolidatedJapanese GAAP
Net Sales133¥ millionYear on year +10.7%Progress 9.1%
Operating profit-157¥ million
Ordinary income-157¥ million
Net income attributable to owners of the parent-153¥ 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-¥18.41
Financial position at period-end
Total assets847¥ million
of which net assets 210 ¥ millionEquity ratio 15.0%vs. prior year-end -5.9pt

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.

Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥1,466 million (YoY +130.5%)
Operating profit¥-30 million
Ordinary incomeNot disclosed
Net incomeNot disclosed
Annual Dividend Forecast¥0 → ¥0(0.0%)
Factors Behind Changes in Business Performance

Disease Solution Services generated ¥93,227 thousand, up 80.5% year on year, due to the recognition of revenue from a new PHR service ordered by a pharmaceutical company. Welby Myカルテ services generated ¥40,201 thousand, down 41.7% year on year, due to timing differences in the recognition of certain projects and other factors.

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
Changes in the scope of consolidationNewly consolidated: 0 companies; excluded: 0 companies (company names: —)
Depreciation and amortization¥344 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End8,435,582
Treasury Shares at Period-End30
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 January 2026–31 March 2026
Net Sales¥133 million (YoY +10.7%)
Operating profit¥-157 million
Ordinary income¥-157 million
Profit attributable to owners of the parent¥-153 million
Net income per share-¥18.41
Equity ratioEnd of the current fiscal period 15 / End of previous period 20.9
Total assets¥847 million
Net assets¥210 million
Full-year earnings forecastNet Sales ¥1,466 million (YoY +130.5%) / Operating profit ¥-30 million / Ordinary income Not disclosed / Net income Not disclosed
Annual Dividend Forecast¥0 → ¥0(0.0%)
Depreciation and amortization¥344 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
Changes in the scope of consolidationNewly consolidated: 0 companies; excluded: 0 companies (company names: —)
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End8,435,582
Treasury Shares at Period-End30
Factors Behind Changes in Business PerformanceDisease Solution Services generated ¥93,227 thousand, up 80.5% year on year, due to the recognition of revenue from a new PHR service ordered by a pharmaceutical company. Welby Myカルテ services generated ¥40,201 thousand, down 41.7% year on year, due to timing differences in the recognition of certain projects and other factors.
Items this document does not state (15)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogImpairment lossBreakdown of extraordinary income (loss)Material 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.

Revenue from Disease Solution Services increased due to the recognition of revenue from a new PHR service ordered by a pharmaceutical company, while revenue from the Welby Myカルテ service declined due to timing differences in the recognition of certain projects and other factors.

How to read this page

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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.
Summary of Financial Results for the First Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated) | Welby Inc. (4438) timely disclosure | Komori