Resolutions for the General Meeting of Shareholders
23rd Annual General Meeting of Shareholders| Item | Details |
|---|---|
| Type of shareholders' meeting | 23rd Annual General Meeting of Shareholders |
Items this document does not state (5)
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 company explained that research and development expenses are expected to increase by ¥678 million year on year, contributing to the wider operating loss. This includes ¥333 million in expenses reclassified from prepayments made in the previous fiscal year, which will not involve a cash outflow. The increase in research and development expenses is attributed to higher research and development funding to prepare for clinical trials of BP2202.