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Revision to earnings forecast6190PhoenixBio Co.,Ltd.Information and Communications, Services and Others

Notice Regarding the Difference Between the Consolidated Earnings Forecast and Actual Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 and the Revision of the Full-Year Consolidated Earnings Forecast

For the interim period of the fiscal year ending March 2027, revenue fell below forecast and losses, including operating loss, widened. Accordingly, the full-year forecasts for revenue, operating income, ordinary income and net income attributable to owners of the parent were revised downward.

Worth reading
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Direction
Deterioration
Direction inferred from the company’s description.
Scale
-75.6
%
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Interim consolidated cumulative period and full yearPrevious forecast published 15 May 2026
Net Sales—→—million
—
Operating profit—→—million
—
Ordinary income—→—million
—
Profit attributable to owners of the parent—→—million
—
Net income per share—→—/ sen
—

The bar length represents the relative magnitude of change, based on the item that changed the most in this document.

Reason for the revision

In the domestic market, sales of products including PXB mice and PXB-cells grew, while in overseas markets, U.S. pharmaceutical companies continued to restrain research and development budgets, resulting in the loss of contract testing projects. In addition, the start of contract manufacturing and sales of fresh PXB-cells in the United States was delayed until the fourth quarter or later due to delays in quality checks. In light of the decline in revenue, the company revised its full-year revenue and profit plans downward.

Previous-period resultsInterim period: revenue of ¥756 million, operating income of ¥5 million, ordinary income of ¥16 million, interim net income attributable to owners of the parent of ¥12 million, and interim net income per share of ¥3.03. Full year: revenue of ¥1,565 million, operating income of ¥82 million, ordinary income of ¥131 million, net income attributable to owners of the parent of ¥125 million, and net income per share of ¥30.81.
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales671 (interim period) / 1,610 (full year) → 558 (interim actual) / 1,416 (revised full-year forecast)(-16.8% (interim period) / -12.1% (full year))
Operating profit-96 (interim period) / 85 (full year) → -119 (interim actual) / 20 (revised full-year forecast)(- (interim period) / -75.6% (full year))
Ordinary income-95 (interim period) / 87 (full year) → -120 (interim actual) / 25 (revised full-year forecast)(- (interim period) / -70.8% (full year))
Profit attributable to owners of the parent-98 (interim period) / 76 (full year) → -123 (interim actual) / 19 (revised full-year forecast)(- (interim period) / -74.7% (full year))
Net income per share-¥24.30 (interim period) / ¥18.90 (full year) → -¥30.36 (interim actual) / ¥4.78 (revised full-year forecast)(- (interim period) / - (full year))
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredInterim consolidated cumulative period and full year
Publication date of previous forecast15 May 2026
Previous-period resultsInterim period: revenue of ¥756 million, operating income of ¥5 million, ordinary income of ¥16 million, interim net income attributable to owners of the parent of ¥12 million, and interim net income per share of ¥3.03. Full year: revenue of ¥1,565 million, operating income of ¥82 million, ordinary income of ¥131 million, net income attributable to owners of the parent of ¥125 million, and net income per share of ¥30.81.
Reason for the revisionIn the domestic market, sales of products including PXB mice and PXB-cells grew, while in overseas markets, U.S. pharmaceutical companies continued to restrain research and development budgets, resulting in the loss of contract testing projects. In addition, the start of contract manufacturing and sales of fresh PXB-cells in the United States was delayed until the fourth quarter or later due to delays in quality checks. In light of the decline in revenue, the company revised its full-year revenue and profit plans downward.
Consolidated / non-consolidatedConsolidated
Items this document does not state (2)
Details and amount of extraordinary lossDividend forecast revision

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, sales grew as use of PXB mice and PXB-cells expanded, 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 anticipated contract testing projects. In addition, the start of contract manufacturing and sales of fresh PXB-cells in the United States was delayed until the fourth quarter or later due to delays in quality checks. Despite reducing expenses in response to the decline in revenue, the company revised its profit forecast downward.

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Notice Regarding the Difference Between the Consolidated Earnings Forecast and Actual Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 and the Revision of the Full-Year Consolidated Earnings Forecast | PhoenixBio Co.,Ltd. (6190) timely disclosure | Komori