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
Commission fee research and development expenses	Prior1YearDuration	448842000	JPY
Commission fee research and development expenses	CurrentYearDuration	766163000	JPY
Research and development material cost research and development expenses	Prior1YearDuration	1957876000	JPY
Research and development material cost research and development expenses	CurrentYearDuration	729711000	JPY
Rents research and development expenses	Prior1YearDuration	77022000	JPY
Rents research and development expenses	CurrentYearDuration	82545000	JPY
Depreciation research and development expenses	Prior1YearDuration	7061000	JPY
Depreciation research and development expenses	CurrentYearDuration	3559000	JPY
Directors compensations sga	Prior1YearDuration	286491000	JPY
Directors compensations sga	CurrentYearDuration	344106000	JPY
Salaries and allowances sga	Prior1YearDuration	294548000	JPY
Salaries and allowances sga	CurrentYearDuration	331406000	JPY
Share based compensation sga	Prior1YearDuration	－	JPY
Share based compensation sga	CurrentYearDuration	11226000	JPY
Commission fee sga	Prior1YearDuration	855257000	JPY
Commission fee sga	CurrentYearDuration	1213633000	JPY
Taxes and dues cos exp oa	Prior1YearDuration	301307000	JPY
Taxes and dues cos exp oa	CurrentYearDuration	222438000	JPY
Depreciation sga	Prior1YearDuration	2799000	JPY
Depreciation sga	CurrentYearDuration	－	JPY
Amortization of goodwill notes consolidated statement of income	Prior1YearDuration	2883589000	JPY
Amortization of goodwill notes consolidated statement of income	CurrentYearDuration	3081173000	JPY
Rents sga	Prior1YearDuration	236562000	JPY
Rents sga	CurrentYearDuration	280122000	JPY
Cash and deposits	Prior1YearInstant_NonConsolidatedMember	8840599000	JPY
Cash and deposits	CurrentYearInstant_NonConsolidatedMember	3405429000	JPY
Accounts receivable trade	Prior1YearInstant_NonConsolidatedMember	9887000	JPY
Accounts receivable trade	CurrentYearInstant_NonConsolidatedMember	26534000	JPY
Finished goods	Prior1YearInstant_NonConsolidatedMember	3453000	JPY
Finished goods	CurrentYearInstant_NonConsolidatedMember	97655000	JPY
Raw materials and supplies	Prior1YearInstant_NonConsolidatedMember	1004996000	JPY
Raw materials and supplies	CurrentYearInstant_NonConsolidatedMember	1468481000	JPY
Advance payments trade	Prior1YearInstant_NonConsolidatedMember	137311000	JPY
Advance payments trade	CurrentYearInstant_NonConsolidatedMember	49674000	JPY
Prepaid expenses	Prior1YearInstant_NonConsolidatedMember	65084000	JPY
Prepaid expenses	CurrentYearInstant_NonConsolidatedMember	71185000	JPY
Consumption taxes receivable	Prior1YearInstant_NonConsolidatedMember	392081000	JPY
Consumption taxes receivable	CurrentYearInstant_NonConsolidatedMember	－	JPY
Other ca	Prior1YearInstant_NonConsolidatedMember	33815000	JPY
Other ca	CurrentYearInstant_NonConsolidatedMember	151128000	JPY
Current assets	Prior1YearInstant_NonConsolidatedMember	10487229000	JPY
Current assets	CurrentYearInstant_NonConsolidatedMember	5270089000	JPY
Buildings	Prior1YearInstant_NonConsolidatedMember	209219000	JPY
Buildings	CurrentYearInstant_NonConsolidatedMember	220509000	JPY
Accumulated depreciation and impairment loss buildings	Prior1YearInstant_NonConsolidatedMember	-127771000	JPY
Accumulated depreciation and impairment loss buildings	CurrentYearInstant_NonConsolidatedMember	-134788000	JPY
Buildings net	Prior1YearInstant_NonConsolidatedMember	81448000	JPY
Buildings net	CurrentYearInstant_NonConsolidatedMember	85721000	JPY
Tools furniture and fixtures	Prior1YearInstant_NonConsolidatedMember	68261000	JPY
Tools furniture and fixtures	CurrentYearInstant_NonConsolidatedMember	147165000	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