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Other Disclosures4575CanBas Co.,Ltd.Pharmaceuticals

Company Presentation Materials, October 2026, 2nd Edition

The company updated its investor presentation materials as a second edition, summarizing the company profile as of October 2026, its research and development pipeline, the status of preparations for the European Phase 3 trial of CBP501, and its business performance and financing. While uncertainty remains regarding the timing of approval to start the CBP501 trial, the materials explain the projected trial costs and financing plans involving stock acquisition rights and loans.

Worth reading
62In 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
4175
¥ million (expected proceeds from the 22nd to 24th series of stock acquisition rights, net of issuance expenses)
Wording
Avoiding a definitive answer
How definitive the wording is.

Announced details

CBP501CBT005CBS9106(Felezonexor)CBP-A08IDO/TDO dual inhibitor
Applicable field (uses covered by this announcement)

Third-line treatment for pancreatic cancer, cancer immunotherapy, solid and hematological cancers, research into novel COVID-19 treatments, and anticancer drug research and development

Launch dateThe start date of the CBP501 European Phase 3 clinical trial is not disclosed. The loan agreement is scheduled to run from 2 November 2026 to 7 May 2027. The exercisable period for the stock acquisition rights is from 2 November 2026 to 2 November 2028.
Contract DateThe loan agreement is scheduled to be dated 2 November 2026. The CBS9106 license-out took place in December 2014, the covered territory was expanded in August 2018, and the agreement was terminated and all rights returned in June 2025.
What the company reported numerically
Quantitative Effects

The primary endpoint of a 3-month progression-free survival rate was achieved in Groups 1 and 2 of the CBP501 Phase 2 clinical trial. Other efficacy figures are not disclosed.

Usage history

CBP501 achieved its primary endpoint in a Phase 2 clinical trial. CBS9106 completed a Phase 1 clinical trial. Cumulative numbers of licenses introduced and users are not disclosed.

Relationship between the counterparty and the company
CanBas Co.,Ltd.4575
Relationship with the Company

The company has an allotment and borrowing relationship with SBI Securities Co., Ltd. under the stock acquisition rights and loan agreements. It has a joint research relationship with Shizuoka Prefectural University. It has an AI-based drug discovery joint research relationship with INTAGE Healthcare Inc. Stemline previously held a license to CBS9106, but the agreement was terminated in June 2025 and all rights were returned.

CounterpartySBI SECURITIES CO., LTD.Shizuoka Prefectural UniversityINTAGE HealthcareStemline

SBI Securities Co., Ltd. is the allottee of the stock acquisition rights and the lender under the loan. Shizuoka Prefectural University is the joint research partner for IDO/TDO dual inhibitors. INTAGE Healthcare Inc. is the joint research partner for AI-based drug discovery. Stemline was the former licensee of CBS9106. Other details, including location, representative, capital and year established, are not disclosed.

Award/certification name

CBP501 orphan drug designation

Registration number and expiry date

Exclusive protection for 10 years in Europe and 7 years in the United States through orphan drug designation. Registration number is not disclosed.

Location (as indicated in this announcement)

2-2-1 Otemachi, Numazu, Shizuoka (head office)

19 employees (14 in research and development and 5 in administration). The head office houses a research facility and an animal testing facility.
Contract Value

Expected proceeds of ¥4,175 million (after deducting ¥22 million in issuance expenses), and a loan commitment limit of ¥500 million. The upfront payments under the CBS9106 agreement were ¥10 million and ¥5 million, and cumulative technical advisory fees were ¥702 million.

Impact on Business Performance

No business revenue was recorded in the fiscal year ended June 2026. Operating loss was ¥1,358 million, ordinary loss was ¥1,307 million, and net loss was ¥1,308 million. Additional basic research on CBS9106 will be conducted within the basic research budget, so there is no short-term impact on performance.

The company does not address Offering price.

Source (materials cited by the company)

IARC GLOBOCAN2018; ECIS European Cancer Information System Globocan 2022; NCCN Clinical Practice Guidelines in Oncology; Anticancer Research; Oncologist; Cancer Research and Clinical Oncology; Cancer Medicine; Journal of Clinical Oncology; Therapeutics and Clinical Risk Management; ESMO2020; materials from the Central Social Insurance Medical Council General Meeting of the Ministry of Health, Labour and Welfare; ASHP

Announced details
ItemDetails
Names of Products / Services CoveredCBP501, CBT005, CBS9106(Felezonexor), CBP-A08, IDO/TDO dual inhibitor
CounterpartySBI SECURITIES CO., LTD., Shizuoka Prefectural University, INTAGE Healthcare, Stemline
Counterparty overviewSBI Securities Co., Ltd. is the allottee of the stock acquisition rights and the lender under the loan. Shizuoka Prefectural University is the joint research partner for IDO/TDO dual inhibitors. INTAGE Healthcare Inc. is the joint research partner for AI-based drug discovery. Stemline was the former licensee of CBS9106. Other details, including location, representative, capital and year established, are not disclosed.
Relationship with the CompanyThe company has an allotment and borrowing relationship with SBI Securities Co., Ltd. under the stock acquisition rights and loan agreements. It has a joint research relationship with Shizuoka Prefectural University. It has an AI-based drug discovery joint research relationship with INTAGE Healthcare Inc. Stemline previously held a license to CBS9106, but the agreement was terminated in June 2025 and all rights were returned.
Contract ValueExpected proceeds of ¥4,175 million (after deducting ¥22 million in issuance expenses), and a loan commitment limit of ¥500 million. The upfront payments under the CBS9106 agreement were ¥10 million and ¥5 million, and cumulative technical advisory fees were ¥702 million.
Contract DateThe loan agreement is scheduled to be dated 2 November 2026. The CBS9106 license-out took place in December 2014, the covered territory was expanded in August 2018, and the agreement was terminated and all rights returned in June 2025.
Launch dateThe start date of the CBP501 European Phase 3 clinical trial is not disclosed. The loan agreement is scheduled to run from 2 November 2026 to 7 May 2027. The exercisable period for the stock acquisition rights is from 2 November 2026 to 2 November 2028.
Applicable areaThird-line treatment for pancreatic cancer, cancer immunotherapy, solid and hematological cancers, research into novel COVID-19 treatments, and anticancer drug research and development
Award/certification nameCBP501 orphan drug designation
Registration number and expiry dateExclusive protection for 10 years in Europe and 7 years in the United States through orphan drug designation. Registration number is not disclosed.
Location2-2-1 Otemachi, Numazu, Shizuoka (head office)
Location scale19 employees (14 in research and development and 5 in administration). The head office houses a research facility and an animal testing facility.
Quantitative EffectsThe primary endpoint of a 3-month progression-free survival rate was achieved in Groups 1 and 2 of the CBP501 Phase 2 clinical trial. Other efficacy figures are not disclosed.
Usage historyCBP501 achieved its primary endpoint in a Phase 2 clinical trial. CBS9106 completed a Phase 1 clinical trial. Cumulative numbers of licenses introduced and users are not disclosed.
Impact on Business PerformanceNo business revenue was recorded in the fiscal year ended June 2026. Operating loss was ¥1,358 million, ordinary loss was ¥1,307 million, and net loss was ¥1,308 million. Additional basic research on CBS9106 will be conducted within the basic research budget, so there is no short-term impact on performance.
SourceIARC GLOBOCAN2018; ECIS European Cancer Information System Globocan 2022; NCCN Clinical Practice Guidelines in Oncology; Anticancer Research; Oncologist; Cancer Research and Clinical Oncology; Cancer Medicine; Journal of Clinical Oncology; Therapeutics and Clinical Risk Management; ESMO2020; materials from the Central Social Insurance Medical Council General Meeting of the Ministry of Health, Labour and Welfare; ASHP
Items this document does not state (2)
Offering priceAwarding / certifying body

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.

To fund front-loaded investment spending beginning before and around approval to start the European Phase 3 clinical trial, and to cover most of the funding requirements through completion of the CBP501 Phase 3 clinical trial.

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.
Company Presentation Materials, October 2026, 2nd Edition | CanBas Co.,Ltd. (4575) timely disclosure | Komori