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Earnings4889Renascience Inc.Pharmaceuticals

Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 (Japanese GAAP, non-consolidated)

In the first quarter of the fiscal year ending March 2027, business revenue was unchanged from the same period of the previous year, while the operating loss narrowed. However, as there was no contest prize income recorded in the same period of the previous year, the ordinary loss and quarterly net loss widened.

Worth reading
45Recurring
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
20181
¥ thousand (amount by which the operating loss narrowed)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026Non-consolidated (standalone)Japanese GAAP
Net Sales10¥ millionYear on year 0.0%Progress 23.3%
Operating profit-82¥ million
Ordinary income-81¥ million
Net income attributable to owners of the parent-82¥ 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△¥5.95
Financial position at period-end
Total assets3,293¥ million
of which net assets 3,240 ¥ millionEquity ratio 98.0%vs. prior year-end +3.5pt

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 and cash equivalents at end of period¥3,204,574 thousand
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(0.0%)
Factors Behind Changes in Business Performance

Business revenue was recognized from milestone income received from Toray Medical for the development of AI-equipped hemodialysis medical equipment, while ¥90,511 thousand in business expenses, including ¥41,806 thousand in research and development expenses, was recognized.

Disclosure regarding the going concern assumption

Not applicable.

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 7 August 2026, the reduction of the capital reserve by ¥1,136,328,774, its transfer to other capital surplus, and the transfer of the same amount to retained earnings brought forward for application to offset the deficit became effective. This had no impact on net assets or financial results.
Depreciation and amortization¥18 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End13,776,900
Treasury Shares at Period-End10
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¥10 million (YoY 0.0%)
Operating profit¥-82 million
Ordinary income¥-81 million
Profit attributable to owners of the parent¥-82 million
Net income per share△¥5.95
Equity ratioEnd of the current fiscal period 98 / End of previous period 94.5
Total assets¥3,293 million
Net assets¥3,240 million
Cash and cash equivalents at end of period¥3,204,574 thousand
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(0.0%)
Depreciation and amortization¥18 thousand
Disclosure regarding the going concern assumptionNot applicable.
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Material subsequent eventsOn 7 August 2026, the reduction of the capital reserve by ¥1,136,328,774, its transfer to other capital surplus, and the transfer of the same amount to retained earnings brought forward for application to offset the deficit became effective. This had no impact on net assets or financial results.
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End13,776,900
Treasury Shares at Period-End10
Factors Behind Changes in Business PerformanceBusiness revenue was recognized from milestone income received from Toray Medical for the development of AI-equipped hemodialysis medical equipment, while ¥90,511 thousand in business expenses, including ¥41,806 thousand in research and development expenses, was recognized.
Items this document does not state (14)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesRevision to Earnings ForecastPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogImpairment lossBreakdown of extraordinary income (loss)Changes 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.

Business revenue was generated from milestone income received from Toray Medical for the development of AI-equipped hemodialysis medical equipment. The operating loss resulted from the recognition of ¥90,511 thousand in business expenses, including ¥41,806 thousand in research and development expenses.

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 First Quarter of the Fiscal Year Ending March 2027 (Japanese GAAP, non-consolidated) | Renascience Inc. (4889) timely disclosure | Komori