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Results6190PhoenixBio Co.,Ltd.Information and Communications, Services and Others

Second-Quarter (Interim Period) Financial Results for the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

For the interim period of the fiscal year ending March 2027, revenue fell 26.1% year on year, and operating income, ordinary income and net income all turned from profit to loss. The full-year forecast has also been revised to operating income of ¥20 million and net income of ¥19 million.

Worth reading
61In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
26.1
Year-on-year revenue decrease (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAP
Net Sales558¥ millionYear on year -26.1%Progress 39.4%
Operating profit-119¥ million
Ordinary income-120¥ million
Net income attributable to owners of the parent-123¥ 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-¥30.36
Financial position at period-end
Total assets1,986¥ million
of which net assets 1,425 ¥ millionEquity ratio 71.1%vs. prior year-end +0.9pt

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-121,468
Investment-4,043
Financials-55,880
Net change-181,391

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).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¥960,023 thousand
Regional salesPharmacological efficacy studies Domestic ¥12,467 thousand / Overseas ¥782 thousand / Safety and related studies Domestic ¥214,743 thousand / Overseas ¥330,925 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥1,416 million (YoY -9.5%)
Operating profit¥20 million (YoY -74.7%)
Ordinary income¥25 million (YoY -80.6%)
Net income¥19 million (YoY -84.5%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥1,416 million / Operating profit Not disclosed → ¥20 million / Ordinary income Not disclosed → ¥25 million / Net income Not disclosed → ¥19 million
Annual Dividend Forecast0 yen → 0 yen(0.0%)
Factors Behind Changes in Business Performance

In the domestic market, contract testing services and sales of related products performed well, while in overseas markets, U.S. pharmaceutical companies, the company's major customers, continued to restrain research and development budgets, resulting in the loss of several anticipated contract testing projects.

Disclosure regarding the going concern assumption

None

Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name Not disclosed
Material subsequent eventsNone
Breakdown of extraordinary income (loss)Extraordinary income Gain on reversal of stock acquisition rights ¥256 thousand / Extraordinary loss Loss on disposal of non-current assets ¥39 thousand
Depreciation and amortization¥17,018 thousand
Orders received and order backlogOrders received ¥293,195 thousand / Order backlog ¥567,771 thousand
Availability of Supplementary Financial Results MaterialsNone
Availability of Financial Results BriefingNone
Issued Shares at Period-End4,076,933 shares
Treasury Shares at Period-End6,737 shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026–30 September 2026
Net Sales¥558 million (YoY -26.1%)
Operating profit¥-119 million
Ordinary income¥-120 million
Profit attributable to owners of the parent¥-123 million
Net income per share-¥30.36
Equity ratioEnd of the current fiscal period 71.1 / End of previous period 70.2
Total assets¥1,986 million
Net assets¥1,425 million
Cash flows from operating activities¥-121,468 thousand
Cash flows from investing activities¥-4,043 thousand
Cash flows from financing activities¥-55,880 thousand
Cash and cash equivalents at end of period¥960,023 thousand
Full-year earnings forecastNet Sales ¥1,416 million (YoY -9.5%) / Operating profit ¥20 million (YoY -74.7%) / Ordinary income ¥25 million (YoY -80.6%) / Net income ¥19 million (YoY -84.5%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥1,416 million / Operating profit Not disclosed → ¥20 million / Ordinary income Not disclosed → ¥25 million / Net income Not disclosed → ¥19 million
Annual Dividend Forecast0 yen → 0 yen(0.0%)
Regional salesPharmacological efficacy studies Domestic ¥12,467 thousand / Overseas ¥782 thousand / Safety and related studies Domestic ¥214,743 thousand / Overseas ¥330,925 thousand
Orders received and order backlogOrders received ¥293,195 thousand / Order backlog ¥567,771 thousand
Depreciation and amortization¥17,018 thousand
Breakdown of extraordinary income (loss)Extraordinary income Gain on reversal of stock acquisition rights ¥256 thousand / Extraordinary loss Loss on disposal of non-current assets ¥39 thousand
Disclosure regarding the going concern assumptionNone
Change in accounting policyChanges due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name Not disclosed
Material subsequent eventsNone
Availability of Supplementary Financial Results MaterialsNone
Availability of Financial Results BriefingNone
Issued Shares at Period-End4,076,933 shares
Treasury Shares at Period-End6,737 shares
Factors Behind Changes in Business PerformanceIn the domestic market, contract testing services and sales of related products performed well, while in overseas markets, U.S. pharmaceutical companies, the company's major customers, continued to restrain research and development budgets, resulting in the loss of several anticipated contract testing projects.
Items this document does not state (6)
Operating MarginPayout ratioShareholder Return PolicySegment revenueSegment profitImpairment loss

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 the domestic market, contract testing services and sales of related products performed well. In overseas markets, however, U.S. pharmaceutical companies, the company's major customers, continued to restrain research and development budgets, resulting in the loss of several anticipated contract testing projects. The increase in domestic revenue did not offset the decline in overseas revenue, and although the company reduced cost of sales, selling expenses and general and administrative expenses, the decline in revenue affected operating loss.

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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.
Second-Quarter (Interim Period) Financial Results for the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | PhoenixBio Co.,Ltd. (6190) timely disclosure | Komori