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Earnings4882Perseus Proteomics Inc.Pharmaceuticals

Q1 Financial Results for the Fiscal Year Ending March 2027 [Japanese GAAP] (Non-consolidated)

In the first quarter, revenue increased 49.9% year on year, driven by growth in antibody research support and antibody and reagent sales, while the operating loss narrowed. However, the ordinary loss and net loss for the quarter widened due to factors including a decline in non-operating income. The full-year earnings forecast was not disclosed because a reasonable forecast was considered difficult.

Worth reading
46Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
49.9
Year-on-year change in revenue (%)
Wording
Avoiding a definitive answer
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026Non-consolidated (standalone)Japanese GAAP
Net Sales35¥ millionYear on year +49.9%
Operating profit-204¥ million
Ordinary income-201¥ million
Net income attributable to owners of the parent-202¥ million

The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit.

Net income per share△¥11.85
Financial position at period-end
Total assets1,665¥ million
of which net assets 1,222 ¥ millionEquity ratio 68.5%vs. prior year-end -1.6pt

塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.

Outlook and shareholder returns
Annual Dividend Forecast0.00 yen and sen → 0.00 yen and sen(0.0%)
Factors Behind Changes in Business Performance

Revenue from antibody research support increased 24.2% year on year, and revenue from antibody and reagent sales increased 53.7%. Selling, general and administrative expenses decreased 1.5%. Non-operating income of ¥4.992 million, non-operating expenses of ¥2.329 million and an impairment loss of ¥516 thousand were recorded.

Disclosure regarding the going concern assumption

No applicable matters

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Impairment loss¥516 thousand
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Impairment Losses ¥516 thousand
Depreciation and amortization¥10 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNone (対象者:Not applicable)
Issued Shares at Period-End18,429,500
Treasury Shares at Period-End90
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedNon-consolidated (standalone)
Period Covered1 April 2026 to 30 June 2026
Net Sales¥35 million (YoY +49.9%)
Operating profit¥-204 million
Ordinary income¥-201 million
Profit attributable to owners of the parent¥-202 million
Net income per share△¥11.85
Equity ratioEnd of the current fiscal period 68.5 / End of previous period 70.1
Total assets¥1,665 million
Net assets¥1,222 million
Annual Dividend Forecast0.00 yen and sen → 0.00 yen and sen(0.0%)
Depreciation and amortization¥10 thousand
Impairment loss¥516 thousand
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Impairment Losses ¥516 thousand
Disclosure regarding the going concern assumptionNo applicable matters
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNone (対象者:Not applicable)
Issued Shares at Period-End18,429,500
Treasury Shares at Period-End90
Factors Behind Changes in Business PerformanceRevenue from antibody research support increased 24.2% year on year, and revenue from antibody and reagent sales increased 53.7%. Selling, general and administrative expenses decreased 1.5%. Non-operating income of ¥4.992 million, non-operating expenses of ¥2.329 million and an impairment loss of ¥516 thousand were recorded.
Items this document does not state (15)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodFull-year earnings forecastRevision to Earnings ForecastPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogChanges in the scope of consolidationMaterial subsequent events

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.

Revenue from antibody research support was ¥3.788 million, up 24.2% year on year, mainly from the provision of services and related activities. Revenue from antibody and reagent sales was ¥31.396 million, up 53.7%. Selling, general and administrative expenses were ¥236.262 million, down 1.5%, resulting in a narrower operating loss. The ordinary loss reflected non-operating expenses of ¥2.329 million and non-operating income of ¥4.992 million, while the net loss for the quarter included an impairment loss of ¥516 thousand and other items. The full-year forecast has not been provided because it is difficult to reasonably forecast the amount of upfront payments and other income, and their impact on revenue, arising from the out-licensing of PPMX-T002 and PPMX-T003.

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Q1 Financial Results for the Fiscal Year Ending March 2027 [Japanese GAAP] (Non-consolidated) | Perseus Proteomics Inc. (4882) timely disclosure | Komori