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Revision of earnings forecasts4586Medrx Co.,Ltd.Pharmaceuticals

Notice Regarding Revisions to the Earnings Forecast

The consolidated full-year earnings forecast for the fiscal year ending December 2026 has been revised. Net sales are expected to be revised downward by ¥122 million, while operating loss, ordinary loss and net loss are expected to narrow by ¥266 million, ¥275 million and ¥299 million, respectively.

Worth reading
88Important
Scored from 3 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-122
million yen
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending December 2026 · Full yearPrevious forecast published 15 May 2026
Net Sales507→385million yen
-24.1%
Operating profit-1,472→-1,206million yen
+18.1%
Ordinary income-1,472→-1,197million yen
+18.7%
Profit attributable to owners of the parent-1,502→-1,202million yen
+20.0%
Net income per share-25.3→-19.95yen and sen
+21.1%

The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.

Reason for the revision

The launch of Bondlido in the United States is expected to take place in the fourth quarter, later than anticipated when the contract terms were agreed, resulting in lower projected net sales. Patient enrollment in the Phase 2 clinical trial of MRX-4TZT has been delayed beyond initial expectations, and some of the planned expenses are expected to be deferred to the fiscal year ending December 2027.

Previous-period resultsNet sales ¥128 million, operating loss ¥941 million, ordinary loss ¥937 million, net loss attributable to owners of the parent ¥937 million, basic loss per share ¥17.44
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales507 million yen → 385 million yen(-24.1%)
Operating profit-1,472 million yen → -1,206 million yen
Ordinary income-1,472 million yen → -1,197 million yen
Profit attributable to owners of the parent-1,502 million yen → -1,202 million yen
Net income per share-25.3 yen and sen → -19.95 yen and sen
Fiscal Period CoveredFiscal year ending December 2026
Period CoveredFull year
Publication date of previous forecast15 May 2026
Previous-period resultsNet sales ¥128 million, operating loss ¥941 million, ordinary loss ¥937 million, net loss attributable to owners of the parent ¥937 million, basic loss per share ¥17.44
Reason for the revisionThe launch of Bondlido in the United States is expected to take place in the fourth quarter, later than anticipated when the contract terms were agreed, resulting in lower projected net sales. Patient enrollment in the Phase 2 clinical trial of MRX-4TZT has been delayed beyond initial expectations, and some of the planned expenses are expected to be deferred to the fiscal year ending December 2027.
Consolidated / non-consolidatedConsolidated
Items this document does not state (2)
Details 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 launch of Bondlido in the United States is expected to take place in the fourth quarter, later than initially anticipated, resulting in lower projected net sales. In addition, patient enrollment in the Phase 2 clinical trial of MRX-4TZT has been delayed, and some of the planned expenses are expected to be deferred to the fiscal year ending December 2027.

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.
Notice Regarding Revisions to the Earnings Forecast | Medrx Co.,Ltd. (4586) timely disclosure | Komori