Results for this period
First quarter1 January 2026–31 March 2026Non-consolidated (standalone)Japanese GAAPThe 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.
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.
Research and development expenses of ¥121,996 thousand and other selling, general and administrative expenses of ¥81,659 thousand were recorded, bringing total operating expenses to ¥203,655 thousand.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Non-consolidated (standalone) |
| Period Covered | 1 January 2026–31 March 2026 |
| Operating profit | ¥-203 million |
| Ordinary income | ¥-203 million |
| Profit attributable to owners of the parent | ¥-204 million |
| Net income per share | ¥(4.49) |
| Equity ratio | End of the current fiscal period 95.3 / End of previous period 95.5 |
| Total assets | ¥2,664 million |
| Net assets | ¥2,580 million |
| Annual Dividend Forecast | 0 yen and sen → 0 yen and sen（0.0%） |
| Depreciation and amortization | ¥41 thousand |
| Impairment loss | ¥458 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Not disclosed / Extraordinary loss Item Impairment Losses / Amount ¥458 thousand |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 45,565,767 shares |
| Treasury Shares at Period-End | 10 shares |
| Factors Behind Changes in Business Performance | Research and development expenses of ¥121,996 thousand and other selling, general and administrative expenses of ¥81,659 thousand were recorded, bringing total operating expenses to ¥203,655 thousand. |
Items this document does not state (16)
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.The company is in an early investment phase, advancing research and development without any launched products, and its performance is heavily dependent on milestone payments and other revenue from licensees, making it difficult to prepare earnings forecasts. The operating loss for the first quarter resulted from recording ¥121,996 thousand in research and development expenses and ¥81,659 thousand in other selling, general and administrative expenses.