Annual report

Period2023-01-01 → 2023-12-31

Filed2024-03-29

StandardJapan GAAP

ConsolidatedYes

Data checks20 of 20 passed

Key figures · 125

Metric	Value	Period	Scope	Source row
Operating income	−¥12.0bn	2023-01-01 → 2023-12-31	Cons.	Operating income
Operating income	−¥16.3bn	2022-01-01 → 2022-12-31	Cons.	Operating income
Ordinary income	−¥5.7bn	2023-01-01 → 2023-12-31	Cons.	Ordinary income
Ordinary income	−¥14.6bn	2022-01-01 → 2022-12-31	Cons.	Ordinary income
Ordinary income	−¥13.6bn	2021-01-01 → 2021-12-31^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	−¥6.6bn	2020-01-01 → 2020-12-31^d	Cons.	Ordinary income loss (5-year summary)
Ordinary income	−¥3.3bn	2019-01-01 → 2019-12-31^d	Cons.	Ordinary income loss (5-year summary)
Profit before tax	−¥7.5bn	2023-01-01 → 2023-12-31	Cons.	Income before income taxes
Profit before tax	−¥14.7bn	2022-01-01 → 2022-12-31	Cons.	Income before income taxes
Net income (owners)	−¥7.4bn	2023-01-01 → 2023-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	−¥14.7bn	2022-01-01 → 2022-12-31	Cons.	Profit loss attributable to owners of parent
Net income (owners)	−¥13.7bn	2021-01-01 → 2021-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	−¥4.2bn	2020-01-01 → 2020-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income (owners)	−¥3.8bn	2019-01-01 → 2019-12-31^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
Net income	−¥7.4bn	2023-01-01 → 2023-12-31	Cons.	Profit loss
Net income	−¥14.7bn	2022-01-01 → 2022-12-31	Cons.	Profit loss
Total assets	¥28.9bn	at 2023-12-31	Cons.	Assets
Total assets	¥38.8bn	at 2022-12-31	Cons.	Assets
Total assets	¥45.5bn	at 2021-12-31^d	Cons.	Total assets (5-year summary)
Total assets	¥38.4bn	at 2020-12-31^d	Cons.	Total assets (5-year summary)
Total assets	¥12.5bn	at 2019-12-31^d	Cons.	Total assets (5-year summary)
Total liabilities	¥2.8bn	at 2023-12-31	Cons.	Liabilities
Total liabilities	¥8.4bn	at 2022-12-31	Cons.	Liabilities
Net assets / equity	¥26.1bn	at 2023-12-31	Cons.	Net assets
Net assets / equity	¥30.4bn	at 2022-12-31	Cons.	Net assets
Net assets / equity	¥38.6bn	at 2021-12-31^d	Cons.	Net assets
Net assets / equity	¥32.7bn	at 2020-12-31^d	Cons.	Net assets (5-year summary)
Net assets / equity	¥12.1bn	at 2019-12-31^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥4.2bn	at 2023-12-31	Cons.	Cash and deposits
Cash and deposits	¥11.0bn	at 2022-12-31	Cons.	Cash and deposits
Cash & equivalents	¥4.1bn	at 2023-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥11.0bn	at 2022-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥17.8bn	at 2021-12-31^d	Cons.	Cash and cash equivalents
Cash & equivalents	¥11.5bn	at 2020-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥10.0bn	at 2019-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	−¥8.7bn	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	−¥11.2bn	2022-01-01 → 2022-12-31	Cons.	Net cash provided by used in operating activities
Operating cash flow	−¥11.4bn	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	−¥3.0bn	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Operating cash flow	−¥2.2bn	2019-01-01 → 2019-12-31^d	Cons.	Net cash provided by used in operating activities (5-year summary)
Investing cash flow	−¥357m	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥97m	2022-01-01 → 2022-12-31	Cons.	Net cash provided by used in investment activities
Investing cash flow	−¥155m	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥7.0bn	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Investing cash flow	−¥1.2bn	2019-01-01 → 2019-12-31^d	Cons.	Net cash provided by used in investing activities (5-year summary)
Financing cash flow	¥2.0bn	2023-01-01 → 2023-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	¥3.6bn	2022-01-01 → 2022-12-31	Cons.	Net cash provided by used in financing activities
Financing cash flow	¥17.4bn	2021-01-01 → 2021-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	¥11.4bn	2020-01-01 → 2020-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
Financing cash flow	¥7.7bn	2019-01-01 → 2019-12-31^d	Cons.	Net cash provided by used in financing activities (5-year summary)
EPS (basic)	¥-39.29	2023-01-01 → 2023-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-94.29	2022-01-01 → 2022-12-31	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-92.86	2021-01-01 → 2021-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-35.33	2020-01-01 → 2020-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-35.81	2019-01-01 → 2019-12-31^d	Cons.	Basic earnings loss per share (5-year summary)
Net assets per share	¥131.04	at 2023-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥169.77	at 2022-12-31	Cons.	Net assets per share (5-year summary)
Net assets per share	¥251.81	at 2021-12-31^d	Cons.	Net assets per share (5-year summary)
Net assets per share	¥244.53	at 2020-12-31^d	Cons.	Net assets per share (5-year summary)
Net assets per share	¥111.83	at 2019-12-31^d	Cons.	Net assets per share (5-year summary)
Equity ratio	90.0%	at 2023-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	78.1%	at 2022-12-31	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	84.8%	at 2021-12-31^d	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	84.8%	at 2020-12-31^d	Cons.	Equity to asset ratio (5-year summary)
Equity ratio	95.5%	at 2019-12-31^d	Cons.	Equity to asset ratio (5-year summary)
Employees	145	at 2023-12-31	Cons.	Number of employees
Employees	138	at 2022-12-31	Cons.	Number of employees
Employees	131	at 2021-12-31^d	Cons.	Number of employees
Employees	90	at 2020-12-31^d	Cons.	Number of employees
Employees	36	at 2019-12-31^d	Cons.	Number of employees
Operating income	−¥4.8bn	2023-01-01 → 2023-12-31	Standalone	Operating income
Operating income	−¥9.7bn	2022-01-01 → 2022-12-31	Standalone	Operating income
Ordinary income	¥2.0bn	2023-01-01 → 2023-12-31	Standalone	Ordinary income
Ordinary income	−¥8.0bn	2022-01-01 → 2022-12-31	Standalone	Ordinary income
Ordinary income	−¥7.9bn	2021-01-01 → 2021-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	−¥5.3bn	2020-01-01 → 2020-12-31^d	Standalone	Ordinary income loss (5-year summary)
Ordinary income	−¥3.3bn	2019-01-01 → 2019-12-31^d	Standalone	Ordinary income loss (5-year summary)
Profit before tax	¥1.1bn	2023-01-01 → 2023-12-31	Standalone	Income before income taxes
Profit before tax	−¥8.1bn	2022-01-01 → 2022-12-31	Standalone	Income before income taxes
Net income	¥1.1bn	2023-01-01 → 2023-12-31	Standalone	Profit loss
Net income	−¥8.1bn	2022-01-01 → 2022-12-31	Standalone	Profit loss
Net income	−¥8.1bn	2021-01-01 → 2021-12-31^d	Standalone	Net income loss (5-year summary)
Net income	−¥5.3bn	2020-01-01 → 2020-12-31^d	Standalone	Net income loss (5-year summary)
Net income	−¥3.8bn	2019-01-01 → 2019-12-31^d	Standalone	Net income loss (5-year summary)
Total assets	¥38.7bn	at 2023-12-31	Standalone	Assets
Total assets	¥40.7bn	at 2022-12-31	Standalone	Assets
Total assets	¥44.9bn	at 2021-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥34.1bn	at 2020-12-31^d	Standalone	Total assets (5-year summary)
Total assets	¥12.4bn	at 2019-12-31^d	Standalone	Total assets (5-year summary)
Total liabilities	¥1.4bn	at 2023-12-31	Standalone	Liabilities
Total liabilities	¥6.6bn	at 2022-12-31	Standalone	Liabilities
Net assets / equity	¥37.3bn	at 2023-12-31	Standalone	Net assets
Net assets / equity	¥34.1bn	at 2022-12-31	Standalone	Net assets
Net assets / equity	¥38.7bn	at 2021-12-31^d	Standalone	Net assets
Net assets / equity	¥29.4bn	at 2020-12-31^d	Standalone	Net assets (5-year summary)
Net assets / equity	¥11.9bn	at 2019-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥3.4bn	at 2023-12-31	Standalone	Cash and deposits
Cash and deposits	¥8.8bn	at 2022-12-31	Standalone	Cash and deposits
EPS (basic)	¥5.64	2023-01-01 → 2023-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-52	2022-01-01 → 2022-12-31	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-54.91	2021-01-01 → 2021-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-44.63	2020-01-01 → 2020-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (basic)	¥-36.03	2019-01-01 → 2019-12-31^d	Standalone	Basic earnings loss per share (5-year summary)
EPS (diluted)	¥5.49	2023-01-01 → 2023-12-31	Standalone	Diluted earnings per share (5-year summary)
Net assets per share	¥187.33	at 2023-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥190.57	at 2022-12-31	Standalone	Net assets per share (5-year summary)
Net assets per share	¥252.16	at 2021-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥219.55	at 2020-12-31^d	Standalone	Net assets per share (5-year summary)
Net assets per share	¥110.56	at 2019-12-31^d	Standalone	Net assets per share (5-year summary)
Equity ratio	96.1%	at 2023-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	83.6%	at 2022-12-31	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	86.0%	at 2021-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	85.6%	at 2020-12-31^d	Standalone	Equity to asset ratio (5-year summary)
Equity ratio	95.1%	at 2019-12-31^d	Standalone	Equity to asset ratio (5-year summary)
ROE	3.0%	2023-01-01 → 2023-12-31	Standalone	Rate of return on equity (5-year summary)
Shares issued	198,470,300	at 2023-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	178,623,900	at 2022-12-31	Standalone	Total number of issued shares (5-year summary)
Shares issued	153,072,400	at 2021-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	133,059,400	at 2020-12-31^d	Standalone	Total number of issued shares (5-year summary)
Shares issued	106,969,561	at 2019-12-31^d	Standalone	Total number of issued shares (5-year summary)
Employees	40	at 2023-12-31	Standalone	Number of employees
Employees	39	at 2022-12-31	Standalone	Number of employees
Employees	42	at 2021-12-31^d	Standalone	Number of employees
Employees	34	at 2020-12-31^d	Standalone	Number of employees
Employees	33	at 2019-12-31^d	Standalone	Number of employees

Periods use the dates stated in the filing. ^d = earlier-year period dated by calendar; ^v = that date confirmed by the company's own earlier filing.

Segments · 2

Segment	Item	Period	Value
Pharmaceutical Businessreportable segment	employees	at 2023-12-31	145 pure
Pharmaceutical Businessreportable segment	employees	at 2023-12-31	40 pure

Segment names come from EDINET member IDs; not yet mapped to a common taxonomy.

All source rows · 1,295

Item	Context	Value	Unit
Non operating income	CurrentYearDuration	6336495000	JPY
Stock issuance cost noe	Prior1YearDuration	24949000	JPY
Stock issuance cost noe	CurrentYearDuration	20217000	JPY
Loss on investments in partnership noe	Prior1YearDuration	806000	JPY
Loss on investments in partnership noe	CurrentYearDuration	－	JPY
Share acquisition rights issuance costs noe	Prior1YearDuration	962000	JPY
Share acquisition rights issuance costs noe	CurrentYearDuration	－	JPY
Non operating expenses	Prior1YearDuration	26718000	JPY
Non operating expenses	CurrentYearDuration	20217000	JPY
Ordinary income	Prior1YearDuration	-14610015000	JPY
Ordinary income	CurrentYearDuration	-5651225000	JPY
Gain on reversal of subscription rights to shares ei	Prior1YearDuration	3870000	JPY
Gain on reversal of subscription rights to shares ei	CurrentYearDuration	3096000	JPY
Extraordinary income	Prior1YearDuration	3870000	JPY
Extraordinary income	CurrentYearDuration	3096000	JPY
Impairment loss el	Prior1YearDuration	104800000	JPY
Impairment loss el	CurrentYearDuration	－	JPY
Loss on valuation of investment securities el	Prior1YearDuration	6048000	JPY
Loss on valuation of investment securities el	CurrentYearDuration	851105000	JPY
Business structural reform expenses el	Prior1YearDuration	－	JPY
Business structural reform expenses el	CurrentYearDuration	904955000	JPY
Loss on valuation of other investments el	Prior1YearDuration	－	JPY
Loss on valuation of other investments el	CurrentYearDuration	67223000	JPY
Extraordinary loss	Prior1YearDuration	110849000	JPY
Extraordinary loss	CurrentYearDuration	1823285000	JPY
Income before income taxes	Prior1YearDuration	-14716994000	JPY
Income before income taxes	CurrentYearDuration	-7471415000	JPY
Income taxes current	Prior1YearDuration	37481000	JPY
Income taxes current	CurrentYearDuration	142750000	JPY
Refund of income taxes income taxes	Prior1YearDuration	-328000	JPY
Refund of income taxes income taxes	CurrentYearDuration	-1439000	JPY
Income taxes deferred	Prior1YearDuration	-39375000	JPY
Income taxes deferred	CurrentYearDuration	-175118000	JPY
Income taxes	Prior1YearDuration	-2222000	JPY
Income taxes	CurrentYearDuration	-33807000	JPY
Profit loss	Prior1YearDuration	-14714772000	JPY
Profit loss	CurrentYearDuration	-7437607000	JPY
Profit loss attributable to owners of parent	Prior1YearDuration	-14714772000	JPY
Profit loss attributable to owners of parent	CurrentYearDuration	-7437607000	JPY
Profit loss	Prior1YearDuration	-14714772000	JPY
Profit loss	CurrentYearDuration	-7437607000	JPY
Valuation difference on available for sale securities net of tax oci	Prior1YearDuration	-17044000	JPY
Valuation difference on available for sale securities net of tax oci	CurrentYearDuration	5360000	JPY
Foreign currency translation adjustment net of tax oci	Prior1YearDuration	2937230000	JPY
Foreign currency translation adjustment net of tax oci	CurrentYearDuration	1049960000	JPY
Other comprehensive income	Prior1YearDuration	2920185000	JPY
Other comprehensive income	CurrentYearDuration	1055320000	JPY
Comprehensive income	Prior1YearDuration	-11794586000	JPY
Comprehensive income	CurrentYearDuration	-6382287000	JPY
Comprehensive income attributable to owners of the parent	Prior1YearDuration	-11794586000	JPY

Every row of the EDINET CSV. Item names are the XBRL element names; filed text is kept in its original Japanese. Filed text is available on Plus and Pro.

Data checks · 20 of 20 passed

balance sheet identity	consolidated 2022-12-31	pass rounding
balance sheet identity	consolidated 2023-12-31	pass
balance sheet identity	non_consolidated 2022-12-31	pass
balance sheet identity	non_consolidated 2023-12-31	pass
dei present		pass
period resolution		pass
statement vs summary · net assets	consolidated 2021-12-31	pass
statement vs summary · net assets	consolidated 2022-12-31	pass
statement vs summary · net assets	consolidated 2023-12-31	pass
statement vs summary · net assets	non_consolidated 2021-12-31	pass
statement vs summary · net assets	non_consolidated 2022-12-31	pass
statement vs summary · net assets	non_consolidated 2023-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2022-01-01/2022-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · operating cash flow	consolidated 2022-01-01/2022-12-31	pass
statement vs summary · operating cash flow	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · total assets	consolidated 2022-12-31	pass
statement vs summary · total assets	consolidated 2023-12-31	pass
statement vs summary · total assets	non_consolidated 2022-12-31	pass
statement vs summary · total assets	non_consolidated 2023-12-31	pass