Komori
Revision of earnings forecasts4597Solasia Pharma K.K.Pharmaceuticals

Notice Regarding Recognition of License Agreement Revenue (Sancuso Installment Payment) and Revisions to Projected Product Sales Revenue and Cost of Sales for Fiscal 2026

A portion of the license agreement fee for Sancuso in the China region has been received and is scheduled to be recognized as revenue in the third quarter of fiscal 2026. The forecast for product sales revenue for fiscal 2026 has also been revised from ¥420 million to ¥350 million, and the forecast for cost of product sales from ¥220 million to ¥190 million.

Worth reading
59In focus
Scored from 4 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-70
Millions of yen
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal 2026 · Full yearPrevious forecast published 13 February 2026
Net Sales420→350Millions of yen
-16.7%

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

Mainly because shipments of the Company's product Episil to China have remained weak. The forecast for cost of product sales has also been revised from ¥220 million to ¥190 million.

Revised forecast
ItemDetails
Net Sales420 Millions of yen → 350 Millions of yen(-16.7%)
Fiscal Period CoveredFiscal 2026
Period CoveredFull year
Publication date of previous forecast13 February 2026
Reason for the revisionMainly because shipments of the Company's product Episil to China have remained weak. The forecast for cost of product sales has also been revised from ¥220 million to ¥190 million.
Items this document does not state (8)
Operating profitOrdinary incomeProfit attributable to owners of the parentNet income per sharePrevious-period resultsDetails and amount of extraordinary lossDividend forecast revisionConsolidated / non-consolidated

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 forecast for product sales revenue was revised downward mainly because shipments of Episil to China have remained weak. The amount of revenue from the partial license agreement fee cannot be disclosed under a confidentiality agreement with MAAB.

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 Recognition of License Agreement Revenue (Sancuso Installment Payment) and Revisions to Projected Product Sales Revenue and Cost of Sales for Fiscal 2026 | Solasia Pharma K.K. (4597) timely disclosure | Komori