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Earnings4438Welby Inc.Information and Communications, Services and Others

Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated)

Revenue for the interim period increased 30.7% year on year, while the operating loss widened to ¥256 million. Net loss for the interim period attributable to owners of the parent was ¥224 million, narrowing from the same period of the previous year.

Worth reading
59In focus
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
30.7
%
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 January 2026–30 June 2026ConsolidatedJapanese GAAP
Net Sales376¥ millionYear on year +30.7%Progress 25.6%
Operating profit-256¥ million
Ordinary income-257¥ million
Net income attributable to owners of the parent-223¥ 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△¥26.70
Financial position at period-end
Total assets844¥ million
of which net assets 108 ¥ millionEquity ratio 6.7%vs. prior year-end -14.2pt

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
Factors Behind Changes in Business Performance

Disease Solution Services generated ¥244.078 million, up 81.2% year on year, due to the recognition of revenue from a new PHR service commissioned by a pharmaceutical company. Welby Mykarte Services generated ¥132.089 million, down 13.7% year on year, mainly due to timing differences affecting certain projects. Selling, general and administrative expenses increased 13.9% year on year due to recruitment and development investments, among other factors.

Disclosure regarding the going concern assumption

Not applicable.

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 consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income Item Gain on reversal of subscription rights to shares / Amount ¥18,947 thousand / Extraordinary loss Not disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End8,435,582
Treasury Shares at Period-End30
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 January 2026–30 June 2026
Net Sales¥376 million (YoY +30.7%)
Operating profit¥-256 million
Ordinary income¥-257 million
Profit attributable to owners of the parent¥-223 million
Net income per share△¥26.70
Equity ratioEnd of the current fiscal period 6.7 / End of previous period 20.9
Total assets¥844 million
Net assets¥108 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
Breakdown of extraordinary income (loss)Extraordinary income Item Gain on reversal of subscription rights to shares / Amount ¥18,947 thousand / Extraordinary loss Not disclosed
Disclosure regarding the going concern assumptionNot applicable.
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 consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End8,435,582
Treasury Shares at Period-End30
Factors Behind Changes in Business PerformanceDisease Solution Services generated ¥244.078 million, up 81.2% year on year, due to the recognition of revenue from a new PHR service commissioned by a pharmaceutical company. Welby Mykarte Services generated ¥132.089 million, down 13.7% year on year, mainly due to timing differences affecting certain projects. Selling, general and administrative expenses increased 13.9% year on year due to recruitment and development investments, among 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 backlogDepreciation and amortizationImpairment lossMaterial 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.

Disease Solution Services posted higher revenue due to the recognition of revenue from a new PHR service commissioned by a pharmaceutical company, while Welby Mykarte Services posted lower revenue due to timing differences affecting certain projects. Selling, general and administrative expenses also increased due to recruitment and development investments aimed at expanding the business.

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