Komori
Earnings4889Renascience Inc.Pharmaceuticals

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

Business revenue fell 48.3% year on year to ¥68 million, while operating, ordinary and net losses were all recorded. For the fiscal year ending March 2027, an operating loss of ¥585 million is expected, mainly due to higher R&D expenses and other factors.

Worth reading
64In focus
Scored from 5 of 6 sections
Direction
Deterioration
Direction inferred from the company’s description.
Scale
48.3
% (year-on-year decrease in business revenue)
Wording
Conditional
How definitive the wording is.

Results for this period

Full year1 April 2025–31 March 2026Non-consolidated (standalone)Japanese GAAP
Net Sales68¥ millionYear on year -48.3%Progress 158.1%
Operating profit-356¥ million
Ordinary income-300¥ million
Net income attributable to owners of the parent-301¥ 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-¥23.39
Operating MarginCurrent fiscal year -520.6 % / Previous period -134.8 %
Financial position at period-end
Total assets3,503¥ million
of which net assets 3,322 ¥ millionEquity ratio 94.5%vs. prior year-end +2.6pt

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.

Cash inflows and outflows
Operating-291
Financials+1,894
Net change+1,603

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¥3,402 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥43 million (YoY -36.4%)
Operating profit¥-585 million
Ordinary income¥-547 million
Net income¥-548 million
Annual Dividend Forecast¥0 → ¥0
Factors Behind Changes in Business Performance

Business revenue resulted from the recognition of milestone revenue from Toray Medical, a contract signing fee from Nipro, and contract research revenue related to an AMED project. The operating loss resulted from the recognition of ¥421.093 million in business expenses, including ¥201.663 million in R&D expenses related to multiple cancer treatments and anti-aging research. The ordinary loss resulted from the recognition of ¥27.009 million in grant income, ¥36.975 million in prize money from the XPRIZE Healthspan competition, and ¥1.326 million in foreign exchange losses, among other items.

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
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End13,776,900 Shares
Treasury Shares at Period-End10 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¥68 million (YoY -48.3%)
Operating profit¥-356 million
Ordinary income¥-300 million
Profit attributable to owners of the parent¥-301 million
Net income per share-¥23.39
Operating MarginCurrent fiscal year -520.6 % / Previous period -134.8 %
Equity ratioEnd of the current fiscal period 94.5 / End of previous period 91.9
Total assets¥3,503 million
Net assets¥3,322 million
Cash flows from operating activities¥-291 million
Cash flows from financing activities¥1,894 million
Cash and cash equivalents at end of period¥3,402 million
Full-year earnings forecastNet Sales ¥43 million (YoY -36.4%) / Operating profit ¥-585 million / Ordinary income ¥-547 million / Net income ¥-548 million
Annual Dividend Forecast¥0 → ¥0
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 BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End13,776,900 Shares
Treasury Shares at Period-End10 Shares
Factors Behind Changes in Business PerformanceBusiness revenue resulted from the recognition of milestone revenue from Toray Medical, a contract signing fee from Nipro, and contract research revenue related to an AMED project. The operating loss resulted from the recognition of ¥421.093 million in business expenses, including ¥201.663 million in R&D expenses related to multiple cancer treatments and anti-aging research. The ordinary loss resulted from the recognition of ¥27.009 million in grant income, ¥36.975 million in prize money from the XPRIZE Healthspan competition, and ¥1.326 million in foreign exchange losses, among other items.
Items this document does not state (14)
Cash flows from investing activitiesRevision to Earnings ForecastPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogDepreciation and amortizationImpairment lossBreakdown of extraordinary income (loss)Disclosure regarding the going concern assumptionChanges 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.

Business revenue totaled only ¥68.554 million, despite the recognition of milestone revenue from Toray Medical, a contract signing fee from Nipro, and contract research revenue from an AMED project. The operating loss resulted from the recognition of ¥421.093 million in business expenses, including ¥201.663 million in R&D expenses related to CML, malignant melanoma, non-small cell lung cancer, cutaneous angiosarcoma, pancreatic cancer and anti-aging research. For the next fiscal year, business expenses of ¥627 million are expected, including expenses related to multiple clinical trials and R&D, as well as general and administrative expenses such as personnel costs.

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.
Summary of Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Non-consolidated) | Renascience Inc. (4889) timely disclosure | Komori