Komori
Revision of earnings forecasts4889Renascience Inc.Pharmaceuticals

Notice Regarding Differences Between Forecast and Actual Results

For the fiscal year ending March 2026, business revenue was ¥26 million below the previous forecast, while the operating loss improved by ¥68 million and the ordinary loss and net loss improved by ¥86 million each. The main factors were the change in the presentation of grant income and lower-than-planned research and development expenses and other business expenses.

Worth reading
56In focus
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
86
¥ million
Wording
Definitive
How definitive the wording is.

Revised forecast

Fiscal year ending March 2026 · Full yearPrevious forecast published 11 March 2026
Net Sales95→68million
-28.2%
Operating profit-425→-356million
+16.2%
Ordinary income-386→-300million
+22.3%
Profit attributable to owners of the parent-387→-301million
+22.2%
Net income per share-30.09→-23.39yen and sen
+22.3%

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

The reasons were that grant income came to be presented as non-operating income rather than business revenue, AMED public funding was used, research and development expenses were reduced by approximately ¥29 million, and business expenses other than research and development expenses were reduced by approximately ¥33 million.

Previous-period resultsBusiness revenue: ¥132 million; operating profit: ¥(178) million; ordinary profit: ¥(178) million; net income: ¥113 million; net income per share: ¥8.92 (fiscal year ended March 2025)
Revised forecast
ItemDetails
Net Sales¥95 million → ¥68 million(-28.2%)
Operating profit¥-425 million → ¥-356 million
Ordinary income¥-386 million → ¥-300 million
Profit attributable to owners of the parent¥-387 million → ¥-301 million
Net income per share-30.09 yen and sen → -23.39 yen and sen
Fiscal Period CoveredFiscal year ending March 2026
Period CoveredFull year
Publication date of previous forecast11 March 2026
Previous-period resultsBusiness revenue: ¥132 million; operating profit: ¥(178) million; ordinary profit: ¥(178) million; net income: ¥113 million; net income per share: ¥8.92 (fiscal year ended March 2025)
Reason for the revisionThe reasons were that grant income came to be presented as non-operating income rather than business revenue, AMED public funding was used, research and development expenses were reduced by approximately ¥29 million, and business expenses other than research and development expenses were reduced by approximately ¥33 million.
Items this document does not state (3)
Details 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.

Business revenue decreased because grant income came to be presented as non-operating income rather than business revenue. Meanwhile, research and development expenses were reduced by approximately ¥29 million through the use of AMED public funding for the development of a CML treatment and the containment of research and development expenses in the pancreatic cancer treatment and veterinary pharmaceutical pipelines. Business expenses other than research and development expenses were also reduced by approximately ¥33 million.

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 Differences Between Forecast and Actual Results | Renascience Inc. (4889) timely disclosure | Komori