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← Modalis Therapeutics

Annual report

4883.TEDINET S100XSHO
Period2025-01-01 → 2025-12-31
Filed2026-03-25
StandardJapan GAAP
ConsolidatedYes
Data checks20 of 20 passed
Key figures · 127
MetricValuePeriodScopeSource row
Revenue¥41m2022-01-01 → 2022-12-31vCons.Operating revenue (5-year summary)
Revenue¥1m2021-01-01 → 2021-12-31dCons.Operating revenue (5-year summary)
Operating income−¥2.2bn2025-01-01 → 2025-12-31Cons.Operating income
Operating income−¥1.3bn2024-01-01 → 2024-12-31Cons.Operating income
Ordinary income−¥2.1bn2025-01-01 → 2025-12-31Cons.Ordinary income
Ordinary income−¥1.3bn2024-01-01 → 2024-12-31Cons.Ordinary income
Ordinary income−¥2.4bn2023-01-01 → 2023-12-31vCons.Ordinary income loss (5-year summary)
Ordinary income−¥2.0bn2022-01-01 → 2022-12-31vCons.Ordinary income loss (5-year summary)
Ordinary income−¥1.2bn2021-01-01 → 2021-12-31dCons.Ordinary income loss (5-year summary)
Profit before tax−¥2.2bn2025-01-01 → 2025-12-31Cons.Income before income taxes
Profit before tax−¥1.3bn2024-01-01 → 2024-12-31Cons.Income before income taxes
Net income (owners)−¥2.2bn2025-01-01 → 2025-12-31Cons.Profit loss attributable to owners of parent
Net income (owners)−¥1.3bn2024-01-01 → 2024-12-31Cons.Profit loss attributable to owners of parent
Net income (owners)−¥2.4bn2023-01-01 → 2023-12-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)−¥2.7bn2022-01-01 → 2022-12-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)−¥739m2021-01-01 → 2021-12-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income−¥2.2bn2025-01-01 → 2025-12-31Cons.Profit loss
Net income−¥1.3bn2024-01-01 → 2024-12-31Cons.Profit loss
Total assets¥3.0bnat 2025-12-31Cons.Assets
Total assets¥3.7bnat 2024-12-31Cons.Assets
Total assets¥2.0bnat 2023-12-31vCons.Total assets (5-year summary)
Total assets¥3.1bnat 2022-12-31vCons.Total assets (5-year summary)
Total assets¥6.1bnat 2021-12-31dCons.Total assets (5-year summary)
Total liabilities¥171mat 2025-12-31Cons.Liabilities
Total liabilities¥143mat 2024-12-31Cons.Liabilities
Net assets / equity¥2.8bnat 2025-12-31Cons.Net assets
Net assets / equity¥3.5bnat 2024-12-31Cons.Net assets
Net assets / equity¥1.4bnat 2023-12-31vCons.Net assets
Net assets / equity¥2.9bnat 2022-12-31vCons.Net assets (5-year summary)
Net assets / equity¥5.5bnat 2021-12-31dCons.Net assets (5-year summary)
Cash and deposits¥2.8bnat 2025-12-31Cons.Cash and deposits
Cash and deposits¥3.6bnat 2024-12-31Cons.Cash and deposits
Cash & equivalents¥2.8bnat 2025-12-31Cons.Cash and cash equivalents
Cash & equivalents¥3.6bnat 2024-12-31Cons.Cash and cash equivalents
Cash & equivalents¥1.9bnat 2023-12-31vCons.Cash and cash equivalents
Cash & equivalents¥2.9bnat 2022-12-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥4.9bnat 2021-12-31dCons.Cash and cash equivalents (5-year summary)
Operating cash flow−¥2.1bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in operating activities
Operating cash flow−¥1.4bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in operating activities
Operating cash flow−¥2.3bn2023-01-01 → 2023-12-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow−¥1.9bn2022-01-01 → 2022-12-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow−¥747m2021-01-01 → 2021-12-31dCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥3m2025-01-01 → 2025-12-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥188,0002024-01-01 → 2024-12-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥40m2023-01-01 → 2023-12-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥186m2022-01-01 → 2022-12-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow¥172m2021-01-01 → 2021-12-31dCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow¥1.4bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in financing activities
Financing cash flow¥3.0bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in financing activities
Financing cash flow¥1.2bn2023-01-01 → 2023-12-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥64m2022-01-01 → 2022-12-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow¥73m2021-01-01 → 2021-12-31dCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥-27.862025-01-01 → 2025-12-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-28.572024-01-01 → 2024-12-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-77.242023-01-01 → 2023-12-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-92.852022-01-01 → 2022-12-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥-25.72021-01-01 → 2021-12-31dCons.Basic earnings loss per share (5-year summary)
Net assets per share¥31.8at 2025-12-31Cons.Net assets per share (5-year summary)
Net assets per share¥50.81at 2024-12-31Cons.Net assets per share (5-year summary)
Net assets per share¥40.59at 2023-12-31vCons.Net assets per share (5-year summary)
Net assets per share¥99.53at 2022-12-31vCons.Net assets per share (5-year summary)
Net assets per share¥191.57at 2021-12-31dCons.Net assets per share (5-year summary)
Equity ratio93.0%at 2025-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio95.5%at 2024-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio66.8%at 2023-12-31vCons.Equity to asset ratio (5-year summary)
Equity ratio93.4%at 2022-12-31vCons.Equity to asset ratio (5-year summary)
Equity ratio91.4%at 2021-12-31dCons.Equity to asset ratio (5-year summary)
Employees17at 2025-12-31Cons.Number of employees
Employees14at 2024-12-31Cons.Number of employees
Employees37at 2023-12-31vCons.Number of employees
Employees36at 2022-12-31vCons.Number of employees
Employees26at 2021-12-31dCons.Number of employees
Revenue¥41m2022-01-01 → 2022-12-31vStandaloneOperating revenue (5-year summary)
Revenue¥1m2021-01-01 → 2021-12-31dStandaloneOperating revenue (5-year summary)
Operating income−¥2.3bn2025-01-01 → 2025-12-31StandaloneOperating income
Operating income−¥1.5bn2024-01-01 → 2024-12-31StandaloneOperating income
Ordinary income−¥2.2bn2025-01-01 → 2025-12-31StandaloneOrdinary income
Ordinary income−¥1.4bn2024-01-01 → 2024-12-31StandaloneOrdinary income
Ordinary income−¥2.4bn2023-01-01 → 2023-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥2.1bn2022-01-01 → 2022-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income−¥1.3bn2021-01-01 → 2021-12-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax−¥2.2bn2025-01-01 → 2025-12-31StandaloneIncome before income taxes
Profit before tax−¥1.4bn2024-01-01 → 2024-12-31StandaloneIncome before income taxes
Net income−¥2.2bn2025-01-01 → 2025-12-31StandaloneProfit loss
Net income−¥1.4bn2024-01-01 → 2024-12-31StandaloneProfit loss
Net income−¥2.4bn2023-01-01 → 2023-12-31vStandaloneNet income loss (5-year summary)
Net income−¥2.6bn2022-01-01 → 2022-12-31vStandaloneNet income loss (5-year summary)
Net income−¥793m2021-01-01 → 2021-12-31dStandaloneNet income loss (5-year summary)
Total assets¥2.6bnat 2025-12-31StandaloneAssets
Total assets¥3.5bnat 2024-12-31StandaloneAssets
Total assets¥1.8bnat 2023-12-31vStandaloneTotal assets (5-year summary)
Total assets¥3.0bnat 2022-12-31vStandaloneTotal assets (5-year summary)
Total assets¥5.9bnat 2021-12-31dStandaloneTotal assets (5-year summary)
Total liabilities¥50mat 2025-12-31StandaloneLiabilities
Total liabilities¥48mat 2024-12-31StandaloneLiabilities
Net assets / equity¥2.6bnat 2025-12-31StandaloneNet assets
Net assets / equity¥3.4bnat 2024-12-31StandaloneNet assets
Net assets / equity¥1.4bnat 2023-12-31vStandaloneNet assets
Net assets / equity¥2.9bnat 2022-12-31vStandaloneNet assets (5-year summary)
Net assets / equity¥5.4bnat 2021-12-31dStandaloneNet assets (5-year summary)
Cash and deposits¥1.9bnat 2025-12-31StandaloneCash and deposits
Cash and deposits¥3.0bnat 2024-12-31StandaloneCash and deposits
EPS (basic)¥-29.112025-01-01 → 2025-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-31.242024-01-01 → 2024-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-77.592023-01-01 → 2023-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-88.882022-01-01 → 2022-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-27.582021-01-01 → 2021-12-31dStandaloneBasic earnings loss per share (5-year summary)
Net assets per share¥29.17at 2025-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥48.97at 2024-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥40.61at 2023-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥99.59at 2022-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥188.03at 2021-12-31dStandaloneNet assets per share (5-year summary)
Equity ratio96.7%at 2025-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio98.0%at 2024-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio74.4%at 2023-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio98.4%at 2022-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio92.0%at 2021-12-31dStandaloneEquity to asset ratio (5-year summary)
Shares issued86,674,098at 2025-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued69,403,998at 2024-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued33,355,272at 2023-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued29,362,500at 2022-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued28,967,500at 2021-12-31dStandaloneTotal number of issued shares (5-year summary)
Employees3at 2025-12-31StandaloneNumber of employees
Employees4at 2024-12-31StandaloneNumber of employees
Employees3at 2023-12-31vStandaloneNumber of employees
Employees3at 2022-12-31vStandaloneNumber of employees
Employees3at 2021-12-31dStandaloneNumber 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.

All source rows · 1,173
ItemContextValueUnit
Other comprehensive incomeCurrentYearDuration2993000JPY
Comprehensive incomePrior1YearDuration-1312880000JPY
Comprehensive incomeCurrentYearDuration-2149716000JPY
Comprehensive income attributable to owners of the parentPrior1YearDuration-1312880000JPY
Comprehensive income attributable to owners of the parentCurrentYearDuration-2149716000JPY
Net assetsPrior2YearInstant_CapitalStockMember1217652000JPY
Net assetsPrior2YearInstant_CapitalSurplusMember2539387000JPY
Net assetsPrior2YearInstant_RetainedEarningsMember-2410273000JPY
Net assetsPrior2YearInstant_TreasuryStockMember-97000JPY
Issuance of new sharesPrior1YearDuration_CapitalStockMember1205109000JPY
Issuance of new sharesPrior1YearDuration_CapitalSurplusMember1205109000JPY
Conversion of convertible bond type bonds with subscription rights to sharesPrior1YearDuration_CapitalStockMember537500000JPY
Conversion of convertible bond type bonds with subscription rights to sharesPrior1YearDuration_CapitalSurplusMember537500000JPY
Transfer to other capital surplus from capital stockPrior1YearDuration_CapitalStockMember-1201273000JPY
Transfer to other capital surplus from capital stockPrior1YearDuration_CapitalSurplusMember1201273000JPY
Deficit dispositionPrior1YearDuration_CapitalSurplusMember-2402547000JPY
Deficit dispositionPrior1YearDuration_RetainedEarningsMember2402547000JPY
Profit loss attributable to owners of parentPrior1YearDuration_RetainedEarningsMember-1317894000JPY
Total changes of items during the periodPrior1YearDuration_CapitalStockMember541335000JPY
Total changes of items during the periodPrior1YearDuration_CapitalSurplusMember541335000JPY
Total changes of items during the periodPrior1YearDuration_RetainedEarningsMember1084653000JPY
Total changes of items during the periodPrior1YearDuration_TreasuryStockMember－JPY
Net assetsPrior1YearInstant_CapitalStockMember1758987000JPY
Net assetsPrior1YearInstant_CapitalSurplusMember3080722000JPY
Net assetsPrior1YearInstant_RetainedEarningsMember-1325620000JPY
Net assetsPrior1YearInstant_TreasuryStockMember-97000JPY
Net assetsPrior2YearInstant_ShareholdersEquityMember1346669000JPY
Net assetsPrior2YearInstant_ForeignCurrencyTranslationAdjustmentMember7323000JPY
Net assetsPrior2YearInstant_ValuationAndTranslationAdjustmentsMember7323000JPY
Net assetsPrior2YearInstant_SubscriptionRightsToSharesMember26430000JPY
Net assetsPrior2YearInstant1380422000JPY
Issuance of new sharesPrior1YearDuration_ShareholdersEquityMember2410218000JPY
Issuance of new sharesPrior1YearDuration_ValuationAndTranslationAdjustmentsMember－JPY
Issuance of new sharesPrior1YearDuration2410218000JPY
Conversion of convertible bond type bonds with subscription rights to sharesPrior1YearDuration_ShareholdersEquityMember1075000000JPY
Conversion of convertible bond type bonds with subscription rights to sharesPrior1YearDuration_ValuationAndTranslationAdjustmentsMember－JPY
Conversion of convertible bond type bonds with subscription rights to sharesPrior1YearDuration1075000000JPY
Transfer to other capital surplus from capital stockPrior1YearDuration_ShareholdersEquityMember－JPY
Transfer to other capital surplus from capital stockPrior1YearDuration_ValuationAndTranslationAdjustmentsMember－JPY
Transfer to other capital surplus from capital stockPrior1YearDuration－JPY
Deficit dispositionPrior1YearDuration_ShareholdersEquityMember－JPY
Deficit dispositionPrior1YearDuration_ValuationAndTranslationAdjustmentsMember－JPY
Deficit dispositionPrior1YearDuration－JPY
Profit loss attributable to owners of parentPrior1YearDuration_ShareholdersEquityMember-1317894000JPY
Profit loss attributable to owners of parentPrior1YearDuration_ValuationAndTranslationAdjustmentsMember－JPY
Profit loss attributable to owners of parentPrior1YearDuration-1317894000JPY
Net changes of items other than shareholders equityPrior1YearDuration_ShareholdersEquityMember－JPY
Net changes of items other than shareholders equityPrior1YearDuration_ForeignCurrencyTranslationAdjustmentMember5013000JPY
Net changes of items other than shareholders equityPrior1YearDuration_ValuationAndTranslationAdjustmentsMember5013000JPY
Net changes of items other than shareholders equityPrior1YearDuration_SubscriptionRightsToSharesMember-4681000JPY

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 identityconsolidated 2024-12-31pass
balance sheet identityconsolidated 2025-12-31pass
balance sheet identitynon_consolidated 2024-12-31pass
balance sheet identitynon_consolidated 2025-12-31pass
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2023-12-31pass
statement vs summary · net assetsconsolidated 2024-12-31pass
statement vs summary · net assetsconsolidated 2025-12-31pass
statement vs summary · net assetsnon_consolidated 2023-12-31pass
statement vs summary · net assetsnon_consolidated 2024-12-31pass
statement vs summary · net assetsnon_consolidated 2025-12-31pass
statement vs summary · net income attributable to parentconsolidated 2024-01-01/2024-12-31pass
statement vs summary · net income attributable to parentconsolidated 2025-01-01/2025-12-31pass
statement vs summary · operating cash flowconsolidated 2024-01-01/2024-12-31pass
statement vs summary · operating cash flowconsolidated 2025-01-01/2025-12-31pass
statement vs summary · total assetsconsolidated 2024-12-31pass
statement vs summary · total assetsconsolidated 2025-12-31pass
statement vs summary · total assetsnon_consolidated 2024-12-31pass
statement vs summary · total assetsnon_consolidated 2025-12-31pass