Komori
Occurring Fact4881FunPep Company LimitedPharmaceuticals

Notice Regarding the Recognition of Non-operating Income (Subsidy Income)

Advance payments received in connection with the subcontracted research and development agreement with the University of Tokyo will be reclassified as ¥1,181 thousand in non-operating income (subsidy income) for the six-month cumulative period of the second quarter of the fiscal year ending December 2026.

Worth reading
37Immaterial
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Direction
Improvement
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Scale
1181
¥ thousand
Wording
Definitive
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Notice Regarding the Recognition of Non-operating Income (Subsidy Income)

Subject Entity

FunPep Company Limited (submitting company)

Target Locations / Products

Subcontracted research and development agreement relating to drug discovery using single-cell genomics for heart failure

This disclosure06/25/2026
Cause

The University of Tokyo notified the company that it had received the results of the final inspection of the subcontracting expenses carried forward from fiscal 2024 to fiscal 2025. As a result, the advance payments received for that fiscal year were reclassified as non-operating income.

Amount of Impact on Business Performance

¥1,181 thousand (non-operating income)

Accounting period in which recognized

Cumulative second-quarter period of the fiscal year ending December 2026 (1 January 2026 to 30 June 2026)

Related procedures

Type

Final inspection of subcontracting expenses

Court or authority

Japan Agency for Medical Research and Development (AMED), University of Tokyo

Event that occurred
ItemDetails
Event nameNotice Regarding the Recognition of Non-operating Income (Subsidy Income)
Subject EntityFunPep Company Limited (submitting company)
Target Locations / ProductsSubcontracted research and development agreement relating to drug discovery using single-cell genomics for heart failure
CauseThe University of Tokyo notified the company that it had received the results of the final inspection of the subcontracting expenses carried forward from fiscal 2024 to fiscal 2025. As a result, the advance payments received for that fiscal year were reclassified as non-operating income.
Amount of Impact on Business Performance¥1,181 thousand (non-operating income)
Accounting period in which recognizedCumulative second-quarter period of the fiscal year ending December 2026 (1 January 2026 to 30 June 2026)
Type of litigation or proceedingFinal inspection of subcontracting expenses
Court or authorityJapan Agency for Medical Research and Development (AMED), University of Tokyo
Items this document does not state (17)
Date of occurrenceDate recognized / date notice receivedImpact on Earnings ForecastPlaintiffDefendantDate of filing / date of actionClaim amount / surcharge amountAmount of receivables at risk of non-collection or delayed collectionSuspended operationsScheduled resumption dateInvestigation structureMeasures to prevent recurrenceDirectors' and officers' liabilityVoting rights ownership percentage before the changeVoting rights ownership percentage after the changeOutlookPlanned follow-up disclosure

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 University of Tokyo notified the company that it had received the results of the final inspection of the subcontracting expenses carried forward from fiscal 2024 to fiscal 2025.

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Notice Regarding the Recognition of Non-operating Income (Subsidy Income) | FunPep Company Limited (4881) timely disclosure | Komori