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Other Disclosures4596Kubota Pharmaceutical Holdings Co.,Ltd.Pharmaceuticals

Domestic economic losses from myopia estimated at approximately ¥4 trillion annually, with estimates of up to ¥10.7 trillion in 2050 — peer-reviewed paper published in an international academic journal

A peer-reviewed paper written by the company's representative on the economic losses caused by myopia in Japan has been published in an international academic journal. The paper estimates annual losses caused by myopia at approximately ¥4.0 trillion, and annual losses in 2050 at ¥5.0 trillion to ¥10.7 trillion.

Worth reading
49Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Neutral
Direction inferred from the company’s description.
Scale
4
Trillion yen (median annual loss)
Wording
Avoiding a definitive answer
How definitive the wording is.

Announced details

Applicable field (uses covered by this announcement)

Economic losses caused by myopia in Japan, labor productivity, and myopia prevention policy

Launch date11 September 2026 (date the paper's publication was announced; the paper's actual publication date is not disclosed)
What the company reported numerically
Quantitative Effects

The median annual economic loss attributable to myopia in Japan is approximately ¥4.0 trillion (95% credible interval: ¥1.7 trillion to ¥8.3 trillion), with a deterministic base case of ¥4.3 trillion, equivalent to 0.64% of GDP. Approximately 77% of the loss is attributable to lower labor productivity. Annual losses in 2050 are estimated at ¥5.0 trillion to ¥10.7 trillion

Relationship between the counterparty and the company
Kubota Pharmaceutical Holdings Co.,Ltd.4596
Relationship with the Company

Publication of a paper by Ryo Kubota (窪田 良), Representative Director, Chairman, President and CEO of Kubota Pharmaceutical Holdings Co., Ltd. The company paid the paper's publication fee

CounterpartyJournal of Global Health Economics and Policy (publication)

International academic journal. Location, representative, capital, year established and other details are not disclosed

Award/certification name

Published as a peer-reviewed paper

Awarding / certifying body

Journal of Global Health Economics and Policy

Registration number and expiry date

DOI: 10.7189/001c.167428. Publication information: 2026;6:e2026035. Expiry date is not disclosed

Impact on Business Performance

Does not indicate the outlook for the company's performance, product performance or regulatory outcomes

The company does not address Contract Value / Offering price.

Source (materials cited by the company)

Peer-reviewed paper published in the Journal of Global Health Economics and Policy. Title: Myopia-attributable economic burden in Japan: a cost-of-illness modelling study with probabilistic sensitivity analysis and projection to 2050. The source code and all parameters for the Monte Carlo simulation have been made publicly available

Announced details
ItemDetails
CounterpartyJournal of Global Health Economics and Policy (publication)
Counterparty overviewInternational academic journal. Location, representative, capital, year established and other details are not disclosed
Relationship with the CompanyPublication of a paper by Ryo Kubota (窪田 良), Representative Director, Chairman, President and CEO of Kubota Pharmaceutical Holdings Co., Ltd. The company paid the paper's publication fee
Launch date11 September 2026 (date the paper's publication was announced; the paper's actual publication date is not disclosed)
Applicable areaEconomic losses caused by myopia in Japan, labor productivity, and myopia prevention policy
Award/certification namePublished as a peer-reviewed paper
Awarding / certifying bodyJournal of Global Health Economics and Policy
Registration number and expiry dateDOI: 10.7189/001c.167428. Publication information: 2026;6:e2026035. Expiry date is not disclosed
Quantitative EffectsThe median annual economic loss attributable to myopia in Japan is approximately ¥4.0 trillion (95% credible interval: ¥1.7 trillion to ¥8.3 trillion), with a deterministic base case of ¥4.3 trillion, equivalent to 0.64% of GDP. Approximately 77% of the loss is attributable to lower labor productivity. Annual losses in 2050 are estimated at ¥5.0 trillion to ¥10.7 trillion
Impact on Business PerformanceDoes not indicate the outlook for the company's performance, product performance or regulatory outcomes
SourcePeer-reviewed paper published in the Journal of Global Health Economics and Policy. Title: Myopia-attributable economic burden in Japan: a cost-of-illness modelling study with probabilistic sensitivity analysis and projection to 2050. The source code and all parameters for the Monte Carlo simulation have been made publicly available
Items this document does not state (7)
Names of Products / Services CoveredContract ValueOffering priceContract DateLocationLocation scaleUsage history

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 estimate the economic losses attributable to myopia, including its impact on the labor productivity of workers. The company explains that the paper provides an economic basis for promoting myopia prevention among children as a national policy and academic support for policy recommendations.

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Domestic economic losses from myopia estimated at approximately ¥4 trillion annually, with estimates of up to ¥10.7 trillion in 2050 — peer-reviewed paper published in an international academic journal | Kubota Pharmaceutical Holdings Co.,Ltd. (4596) timely disclosure | Komori