Komori
Earnings4888STELLA PHARMA CORPORATIONPharmaceuticals

Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Non-consolidated)

For the fiscal year ended March 2026, revenue declined substantially because no overseas sales were recorded, among other factors, while operating, ordinary and net losses widened from the previous fiscal year. Revenue is expected to recover in the next fiscal year, although an operating loss is expected to continue.

Worth reading
68In focus
Scored from 5 of 6 sections
Direction
Deterioration
Direction inferred from the company’s description.
Scale
66.4
Year-on-year decrease in revenue (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Full year1 April 2025–31 March 2026Non-consolidated (standalone)Japanese GAAP
Net Sales323¥ millionYear on year -66.4%Progress 31.1%
Operating profit-748¥ million
Ordinary income-778¥ million
Net income attributable to owners of the parent-780¥ 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. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.

Net income per share-¥22.95
Operating Margin△231.6%
Financial position at period-end
Total assets4,486¥ million
of which net assets 2,426 ¥ millionEquity ratio 54.1%vs. prior year-end -5.1pt

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.

Cash inflows and outflows
Operating-334
Investment-15
Financials-33
Net change-382

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.

Cash and cash equivalents at end of period¥2,778 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥1,038 million (YoY +221.0%)
Operating profit¥-696 million
Ordinary income¥-625 million
Net income¥-628 million
Annual Dividend Forecast¥0.00 → ¥0.00
Factors Behind Changes in Business Performance

Revenue declined substantially because overseas revenue recorded in the previous fiscal year was not recorded this year. Together with the increase in selling, general and administrative expenses, including personnel and research and development expenses, this caused operating, ordinary and net losses to widen.

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
Material subsequent eventsOn 16 April 2026, payment for and allotment of 1,000,000 common shares and 10,500 fifth series stock acquisition rights through a third-party allotment were completed. The funds raised are予定 to be allocated to clinical trials targeting rare cancers, research and development, overseas expansion, and the establishment of a stable supply system.
Breakdown of extraordinary income (loss)No applicable matters
Depreciation and amortization¥28,600 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End34,034,100 shares
Treasury Shares at Period-End14,107 shares
Results for this period
ItemDetails
Fiscal Period ClassificationFull year
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedNon-consolidated (standalone)
Period Covered1 April 2025–31 March 2026
Net Sales¥323 million (YoY -66.4%)
Operating profit¥-748 million
Ordinary income¥-778 million
Profit attributable to owners of the parent¥-780 million
Net income per share-¥22.95
Operating Margin△231.6%
Equity ratioEnd of the current fiscal period 54.1% / End of previous period 59.2%
Total assets¥4,486 million
Net assets¥2,426 million
Cash flows from operating activities¥-334 million
Cash flows from investing activities¥-15 million
Cash flows from financing activities¥-33 million
Cash and cash equivalents at end of period¥2,778 million
Full-year earnings forecastNet Sales ¥1,038 million (YoY +221.0%) / Operating profit ¥-696 million / Ordinary income ¥-625 million / Net income ¥-628 million
Annual Dividend Forecast¥0.00 → ¥0.00
Depreciation and amortization¥28,600 thousand
Breakdown of extraordinary income (loss)No applicable matters
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
Material subsequent eventsOn 16 April 2026, payment for and allotment of 1,000,000 common shares and 10,500 fifth series stock acquisition rights through a third-party allotment were completed. The funds raised are予定 to be allocated to clinical trials targeting rare cancers, research and development, overseas expansion, and the establishment of a stable supply system.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End34,034,100 shares
Treasury Shares at Period-End14,107 shares
Factors Behind Changes in Business PerformanceRevenue declined substantially because overseas revenue recorded in the previous fiscal year was not recorded this year. Together with the increase in selling, general and administrative expenses, including personnel and research and development expenses, this caused operating, ordinary and net losses to widen.
Items this document does not state (9)
Revision to Earnings ForecastPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogImpairment lossChanges in the scope of consolidation

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.

In addition to the absence of overseas revenue recorded in the previous fiscal year, selling, general and administrative expenses, including personnel and research and development expenses, increased.

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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Non-consolidated) | STELLA PHARMA CORPORATION (4888) timely disclosure | Komori