Annual report

Period2024-01-01 → 2024-12-31

Filed2025-03-31

StandardJapan GAAP

ConsolidatedYes

Data checks20 of 20 passed

Key figures · 125

Metric	Value	Period	Scope	Source row
Operating income	−¥9.1bn	2024-01-01 → 2024-12-31	Cons.	Operating income
Operating income	−¥12.0bn	2023-01-01 → 2023-12-31	Cons.	Operating income
Ordinary income	−¥7.5bn	2024-01-01 → 2024-12-31	Cons.	Ordinary income
Ordinary income	−¥5.7bn	2023-01-01 → 2023-12-31	Cons.	Ordinary income
Ordinary income	−¥14.6bn	2022-01-01 → 2022-12-31^d	Cons.	Ordinary income loss (5-year summary)
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)
Profit before tax	−¥27.6bn	2024-01-01 → 2024-12-31	Cons.	Income before income taxes
Profit before tax	−¥7.5bn	2023-01-01 → 2023-12-31	Cons.	Income before income taxes
Net income (owners)	−¥28.1bn	2024-01-01 → 2024-12-31	Cons.	Profit loss attributable to owners of parent
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^d	Cons.	Profit loss attributable to owners of parent (5-year summary)
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	−¥28.1bn	2024-01-01 → 2024-12-31	Cons.	Profit loss
Net income	−¥7.4bn	2023-01-01 → 2023-12-31	Cons.	Profit loss
Total assets	¥4.7bn	at 2024-12-31	Cons.	Assets
Total assets	¥28.9bn	at 2023-12-31	Cons.	Assets
Total assets	¥38.8bn	at 2022-12-31^d	Cons.	Total assets (5-year summary)
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 liabilities	¥2.5bn	at 2024-12-31	Cons.	Liabilities
Total liabilities	¥2.8bn	at 2023-12-31	Cons.	Liabilities
Net assets / equity	¥2.2bn	at 2024-12-31	Cons.	Net assets
Net assets / equity	¥26.1bn	at 2023-12-31	Cons.	Net assets
Net assets / equity	¥30.4bn	at 2022-12-31^d	Cons.	Net assets
Net assets / equity	¥38.6bn	at 2021-12-31^d	Cons.	Net assets (5-year summary)
Net assets / equity	¥32.7bn	at 2020-12-31^d	Cons.	Net assets (5-year summary)
Cash and deposits	¥1.7bn	at 2024-12-31	Cons.	Cash and deposits
Cash and deposits	¥4.2bn	at 2023-12-31	Cons.	Cash and deposits
Cash & equivalents	¥1.6bn	at 2024-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥4.1bn	at 2023-12-31	Cons.	Cash and cash equivalents
Cash & equivalents	¥11.0bn	at 2022-12-31^d	Cons.	Cash and cash equivalents
Cash & equivalents	¥17.8bn	at 2021-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Cash & equivalents	¥11.5bn	at 2020-12-31^d	Cons.	Cash and cash equivalents (5-year summary)
Operating cash flow	−¥6.6bn	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in operating activities
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^d	Cons.	Net cash provided by used in operating activities (5-year summary)
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)
Investing cash flow	−¥131m	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in investment activities
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^d	Cons.	Net cash provided by used in investing activities (5-year summary)
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)
Financing cash flow	¥4.2bn	2024-01-01 → 2024-12-31	Cons.	Net cash provided by used in financing activities
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^d	Cons.	Net cash provided by used in financing activities (5-year summary)
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)
EPS (basic)	¥-119.53	2024-01-01 → 2024-12-31	Cons.	Basic earnings loss per share (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^d	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)
Net assets per share	¥7.17	at 2024-12-31	Cons.	Net assets 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^d	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)
Equity ratio	44.0%	at 2024-12-31	Cons.	Equity to asset ratio (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^d	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)
Employees	55	at 2024-12-31	Cons.	Number of employees
Employees	145	at 2023-12-31	Cons.	Number of employees
Employees	138	at 2022-12-31^d	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
Operating income	−¥4.9bn	2024-01-01 → 2024-12-31	Standalone	Operating income
Operating income	−¥4.8bn	2023-01-01 → 2023-12-31	Standalone	Operating income
Ordinary income	−¥3.1bn	2024-01-01 → 2024-12-31	Standalone	Ordinary income
Ordinary income	¥2.0bn	2023-01-01 → 2023-12-31	Standalone	Ordinary income
Ordinary income	−¥8.0bn	2022-01-01 → 2022-12-31^d	Standalone	Ordinary income loss (5-year summary)
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)
Profit before tax	−¥39.3bn	2024-01-01 → 2024-12-31	Standalone	Income before income taxes
Profit before tax	¥1.1bn	2023-01-01 → 2023-12-31	Standalone	Income before income taxes
Net income	−¥39.3bn	2024-01-01 → 2024-12-31	Standalone	Profit loss
Net income	¥1.1bn	2023-01-01 → 2023-12-31	Standalone	Profit loss
Net income	−¥8.1bn	2022-01-01 → 2022-12-31^d	Standalone	Net income loss (5-year summary)
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)
Total assets	¥3.7bn	at 2024-12-31	Standalone	Assets
Total assets	¥38.7bn	at 2023-12-31	Standalone	Assets
Total assets	¥40.7bn	at 2022-12-31^d	Standalone	Total assets (5-year summary)
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 liabilities	¥1.3bn	at 2024-12-31	Standalone	Liabilities
Total liabilities	¥1.4bn	at 2023-12-31	Standalone	Liabilities
Net assets / equity	¥2.4bn	at 2024-12-31	Standalone	Net assets
Net assets / equity	¥37.3bn	at 2023-12-31	Standalone	Net assets
Net assets / equity	¥34.1bn	at 2022-12-31^d	Standalone	Net assets
Net assets / equity	¥38.7bn	at 2021-12-31^d	Standalone	Net assets (5-year summary)
Net assets / equity	¥29.4bn	at 2020-12-31^d	Standalone	Net assets (5-year summary)
Cash and deposits	¥1.1bn	at 2024-12-31	Standalone	Cash and deposits
Cash and deposits	¥3.4bn	at 2023-12-31	Standalone	Cash and deposits
EPS (basic)	¥-167.03	2024-01-01 → 2024-12-31	Standalone	Basic earnings loss per share (5-year summary)
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^d	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 (diluted)	¥5.49	2023-01-01 → 2023-12-31	Standalone	Diluted earnings per share (5-year summary)
Net assets per share	¥8.03	at 2024-12-31	Standalone	Net assets 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^d	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)
Equity ratio	61.4%	at 2024-12-31	Standalone	Equity to asset ratio (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^d	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)
ROE	3.0%	2023-01-01 → 2023-12-31	Standalone	Rate of return on equity (5-year summary)
Shares issued	286,377,550	at 2024-12-31	Standalone	Total number of issued shares (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^d	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)
Employees	33	at 2024-12-31	Standalone	Number of employees
Employees	40	at 2023-12-31	Standalone	Number of employees
Employees	39	at 2022-12-31^d	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

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 2024-12-31	55 pure
Pharmaceutical Businessreportable segment	employees	at 2024-12-31	33 pure

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

All source rows · 1,347

Item	Context	Value	Unit
Issuance of new sharesexercise of subscription rights to shares	CurrentYearDuration	4403995000	JPY
Capital reduction	CurrentYearDuration	－	JPY
Deficit disposition	CurrentYearDuration	－	JPY
Profit loss attributable to owners of parent	CurrentYearDuration	-28128983000	JPY
Purchase of treasury stock	CurrentYearDuration	-8000	JPY
Capital increase of consolidated subsidiaries	CurrentYearDuration	42718000	JPY
Purchase of shares of consolidated subsidiaries	CurrentYearDuration	-165849000	JPY
Net changes of items other than shareholders equity	CurrentYearDuration_ValuationDifferenceOnAvailableForSaleSecuritiesMember	22687000	JPY
Net changes of items other than shareholders equity	CurrentYearDuration_ForeignCurrencyTranslationAdjustmentMember	-130237000	JPY
Net changes of items other than shareholders equity	CurrentYearDuration_ValuationAndTranslationAdjustmentsMember	-107550000	JPY
Net changes of items other than shareholders equity	CurrentYearDuration_SubscriptionRightsToSharesMember	9102000	JPY
Net changes of items other than shareholders equity	CurrentYearDuration	-98447000	JPY
Total changes of items during the period	CurrentYearDuration_ValuationDifferenceOnAvailableForSaleSecuritiesMember	22687000	JPY
Total changes of items during the period	CurrentYearDuration_ForeignCurrencyTranslationAdjustmentMember	-130237000	JPY
Total changes of items during the period	CurrentYearDuration_ValuationAndTranslationAdjustmentsMember	-107550000	JPY
Total changes of items during the period	CurrentYearDuration_SubscriptionRightsToSharesMember	9102000	JPY
Total changes of items during the period	CurrentYearDuration	-23946575000	JPY
Net assets	CurrentYearInstant_ValuationDifferenceOnAvailableForSaleSecuritiesMember	47444000	JPY
Net assets	CurrentYearInstant_ForeignCurrencyTranslationAdjustmentMember	5760964000	JPY
Net assets	CurrentYearInstant_ValuationAndTranslationAdjustmentsMember	5808409000	JPY
Net assets	CurrentYearInstant_SubscriptionRightsToSharesMember	104339000	JPY
Net assets	CurrentYearInstant	2156591000	JPY
Income before income taxes	Prior1YearDuration	-7471415000	JPY
Income before income taxes	CurrentYearDuration	-27643667000	JPY
Depreciation and amortization ope cf	Prior1YearDuration	27884000	JPY
Depreciation and amortization ope cf	CurrentYearDuration	48854000	JPY
Impairment loss ope cf	Prior1YearDuration	－	JPY
Impairment loss ope cf	CurrentYearDuration	20048649000	JPY
Amortization of goodwill ope cf	Prior1YearDuration	3081173000	JPY
Amortization of goodwill ope cf	CurrentYearDuration	3322787000	JPY
Interest income ope cf	Prior1YearDuration	-8413000	JPY
Interest income ope cf	CurrentYearDuration	-4447000	JPY
Foreign exchange losses gains ope cf	Prior1YearDuration	-714582000	JPY
Foreign exchange losses gains ope cf	CurrentYearDuration	-1612410000	JPY
Loss gain on investments in partnership ope cf	Prior1YearDuration	-8010000	JPY
Loss gain on investments in partnership ope cf	CurrentYearDuration	1332000	JPY
Loss gain on valuation of investment securities ope cf	Prior1YearDuration	851105000	JPY
Loss gain on valuation of investment securities ope cf	CurrentYearDuration	－	JPY
Valuation loss of other investments ope cf	Prior1YearDuration	67223000	JPY
Valuation loss of other investments ope cf	CurrentYearDuration	－	JPY
Stock issuance cost ope cf	Prior1YearDuration	20217000	JPY
Stock issuance cost ope cf	CurrentYearDuration	57537000	JPY
Share based compensation expenses ope cf	Prior1YearDuration	42427000	JPY
Share based compensation expenses ope cf	CurrentYearDuration	5188000	JPY
Gain on reversal of subscription rights to shares ope cf	Prior1YearDuration	-3096000	JPY
Gain on reversal of subscription rights to shares ope cf	CurrentYearDuration	-6192000	JPY
Decrease increase in notes and accounts receivable trade ope cf	Prior1YearDuration	-16647000	JPY
Decrease increase in notes and accounts receivable trade ope cf	CurrentYearDuration	-58700000	JPY
Decrease increase in inventories ope cf	Prior1YearDuration	-557687000	JPY
Decrease increase in inventories ope cf	CurrentYearDuration	136951000	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 2023-12-31	pass
balance sheet identity	consolidated 2024-12-31	pass rounding
balance sheet identity	non_consolidated 2023-12-31	pass
balance sheet identity	non_consolidated 2024-12-31	pass
dei present		pass
period resolution		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	consolidated 2024-12-31	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 assets	non_consolidated 2024-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · net income attributable to parent	consolidated 2024-01-01/2024-12-31	pass
statement vs summary · operating cash flow	consolidated 2023-01-01/2023-12-31	pass
statement vs summary · operating cash flow	consolidated 2024-01-01/2024-12-31	pass
statement vs summary · total assets	consolidated 2023-12-31	pass
statement vs summary · total assets	consolidated 2024-12-31	pass
statement vs summary · total assets	non_consolidated 2023-12-31	pass
statement vs summary · total assets	non_consolidated 2024-12-31	pass