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Revision to earnings forecast4565Nxera Pharma Co.,Ltd.Pharmaceuticals

Notice Regarding Revision to the Earnings Forecast for the Fiscal Year Ending December 2026

The consolidated earnings forecast for the fiscal year ending December 2026 has been changed from a range to specific figures: revenue of ¥48,800 million, core operating profit of ¥22,800 million and operating profit of ¥15,700 million. This is based on the assumption that a ¥15,780 million upfront contract payment under the licensing agreement with AbbVie will be recognized as revenue in the fourth quarter.

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Revised forecast

Fiscal year ending December 2026 · Full yearPrevious forecast published 13 February 2026
Net Sales—→48,800million
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Operating profit—→15,700million
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The bar length represents the relative magnitude of change, based on the item that changed the most in this document.

Reason for the revision

The revision reflects the recognition of ¥15,780 million as revenue for the US$100 million upfront contract payment under the exclusive licensing agreement with AbbVie for an EP4 agonist program, using an assumed exchange rate of US$1 = ¥157.8.

Previous-period resultsRevenue of ¥29,615 million, core operating loss of ¥352 million and operating loss of ¥8,462 million (fiscal year ended December 2025)
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales33,800~48,800 → ¥48,800 million
Operating profit700~15,700 → ¥15,700 million
Fiscal Period CoveredFiscal year ending December 2026
Period CoveredFull year
Publication date of previous forecast13 February 2026
Previous-period resultsRevenue of ¥29,615 million, core operating loss of ¥352 million and operating loss of ¥8,462 million (fiscal year ended December 2025)
Reason for the revisionThe revision reflects the recognition of ¥15,780 million as revenue for the US$100 million upfront contract payment under the exclusive licensing agreement with AbbVie for an EP4 agonist program, using an assumed exchange rate of US$1 = ¥157.8.
Consolidated / non-consolidatedConsolidated
Items this document does not state (5)
Ordinary incomeProfit attributable to owners of the parentNet income per shareDetails and amount of extraordinary lossDividend forecast revision

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.

The subsidiary entered into an exclusive licensing agreement with AbbVie for an EP4 agonist program and will receive an upfront contract payment of US$100 million. The ¥15,780 million upfront payment has been reflected in revenue based on the assumptions that the agreement will be completed by 31 December 2026, the accounting treatment will be agreed with the accounting auditor, and the assumed exchange rate will be US$1 = ¥157.8.

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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 Revision to the Earnings Forecast for the Fiscal Year Ending December 2026 | Nxera Pharma Co.,Ltd. (4565) timely disclosure | Komori