Komori
Earnings7774Japan Tissue Engineering Co.,Ltd.Electric Appliances & Precision Instruments

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

Interim net sales increased 50.1% year on year to ¥1,499 million, while operating income turned from a loss in the same period of the previous year to a profit of ¥51 thousand. Ordinary income and interim net income also moved into positive territory.

Worth reading
42Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
50.1
%
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026–30 September 2026Non-consolidated (standalone)Japanese GAAP
Net Sales1,499¥ millionYear on year +50.1%Progress 48.8%
Operating profit0¥ millionProgress 0.0%
Ordinary income7¥ millionProgress 6.4%
Net income attributable to owners of the parent4¥ millionProgress 4.0%

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¥0.10
Financial position at period-end
Total assets5,770¥ million
of which net assets 5,094 ¥ millionEquity ratio 88.3%vs. prior year-end -1.3pt

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+152,053
Investment-172,956
Financials0
Net change-20,903

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¥1,429,561 thousand
Segment revenueRegenerative medicine products business ¥1,144,118 thousand (YoY +80.6%), Regenerative medicine contract services business ¥215,721 thousand (YoY -5.1%), Labsite business ¥139,184 thousand (YoY +1.0%)
Segment profitRegenerative medicine products business ¥405,828 thousand, Regenerative medicine contract services business ¥117,774 thousand, Labsite business ¥23,487 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥3,070 million (YoY +40.6%)
Operating profit¥100 million
Ordinary income¥110 million
Net income¥100 million
Annual Dividend Forecast0 yen → 0 yen(0.0%)
Factors Behind Changes in Business Performance

Revenue from the regenerative medicine products business increased due to the expansion of Jasmine’s adoption across facilities and the increase in the number of cases, as well as broader use of Jack at existing facilities and its introduction at new facilities. Revenue from the regenerative medicine contract services business declined as the education and know-how provision projects carried out in the previous fiscal year ran their course.

Disclosure regarding the going concern assumption

There are no applicable matters.

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 eventsEstablished the local consolidated subsidiary Japan Tissue Engineering Europe GmbH in October 2026.
Impairment lossNo applicable matters
Breakdown of extraordinary income (loss)Extraordinary income Subsidy Income ¥2,725 thousand / Extraordinary loss Loss on reduction of fixed assets ¥2,725 thousand
Depreciation and amortization¥68,610 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and securities analysts)
Issued Shares at Period-End40,610,200
Treasury Shares at Period-End250
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedNon-consolidated (standalone)
Period Covered1 April 2026–30 September 2026
Net Sales¥1,499 million (YoY +50.1%)
Operating profit¥0 million
Ordinary income¥7 million
Profit attributable to owners of the parent¥4 million
Net income per share¥0.10
Equity ratioEnd of the current fiscal period 88.3 / End of previous period 89.6
Total assets¥5,770 million
Net assets¥5,094 million
Cash flows from operating activities¥152,053 thousand
Cash flows from investing activities¥-172,956 thousand
Cash flows from financing activities¥0 thousand
Cash and cash equivalents at end of period¥1,429,561 thousand
Full-year earnings forecastNet Sales ¥3,070 million (YoY +40.6%) / Operating profit ¥100 million / Ordinary income ¥110 million / Net income ¥100 million
Annual Dividend Forecast0 yen → 0 yen(0.0%)
Segment revenueRegenerative medicine products business ¥1,144,118 thousand (YoY +80.6%), Regenerative medicine contract services business ¥215,721 thousand (YoY -5.1%), Labsite business ¥139,184 thousand (YoY +1.0%)
Segment profitRegenerative medicine products business ¥405,828 thousand, Regenerative medicine contract services business ¥117,774 thousand, Labsite business ¥23,487 thousand
Depreciation and amortization¥68,610 thousand
Impairment lossNo applicable matters
Breakdown of extraordinary income (loss)Extraordinary income Subsidy Income ¥2,725 thousand / Extraordinary loss Loss on reduction of fixed assets ¥2,725 thousand
Disclosure regarding the going concern assumptionThere are no applicable matters.
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Material subsequent eventsEstablished the local consolidated subsidiary Japan Tissue Engineering Europe GmbH in October 2026.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and securities analysts)
Issued Shares at Period-End40,610,200
Treasury Shares at Period-End250
Factors Behind Changes in Business PerformanceRevenue from the regenerative medicine products business increased due to the expansion of Jasmine’s adoption across facilities and the increase in the number of cases, as well as broader use of Jack at existing facilities and its introduction at new facilities. Revenue from the regenerative medicine contract services business declined as the education and know-how provision projects carried out in the previous fiscal year ran their course.
Items this document does not state (7)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogChanges 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.

Revenue from the regenerative medicine products business increased 80.6%. The expansion of Jasmine’s adoption across facilities and the increase in the number of cases, along with broader use of Jack at existing facilities and its introduction at new facilities, contributed to revenue growth. Meanwhile, revenue from the regenerative medicine contract services business declined as the education and know-how provision projects carried out in the previous fiscal year ran their course.

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 Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Non-consolidated) | Japan Tissue Engineering Co.,Ltd. (7774) timely disclosure | Komori