Financial Results

for the Fiscal Year Ending January 31, 2022

SanBio Company Limited

(TSE Mothers: 4592)

March 11, 2022

1

Table of Contents

  1. Financial Results
  2. SB623 Approval in Japan and Sales Structure After Approval
  3. Toward Maximizing Corporate Value
  4. Q&A

2

CopyrightC 2022 All Rights Reserved, SanBio Company Limited

1. Financial Results

3

CopyrightC 2022 All Rights Reserved, SanBio Company Limited

Consolidated Income Statement

R&D expenses rose on increased spending related to manufacturing toward approval filing of

SB623 chronic TBI program in Japan.

FY2021.1

FY2022.1

(B)-(A)

FY2022.1

Results (A)

Results (B)

Forecast

Million Yen

Revenue

-

-

-

-

R&D

4,071

4,955

884

3,820

expenses

Operating expenses

5,801

6,618

817

5,786

Operating income

-5,801

-6,618

-817

-5,786

Net income

-3,385

-4,675

-1,290

-5,877

Yen/US$ exchange

106.34

110.73

-

110.00

rate

4

CopyrightC 2022 All Rights Reserved, SanBio Company Limited

Consolidated Balance Sheet

Cash & cash equivalents and net assets declined. Began procuring funds in February 2022 to fortify

financial base in light of future business development.

As of January 31,

As of January 31,

(B)-(A)

2021 (A)

2022 (B)

Million yen

Cash & cash

12,480

4,557

-7,923

equivalents

Supplies

444

467

23

Current assets

13,131

5,351

-7,780

Non-current assets

211

159

-52

Total assets

13,343

5,510

-7,833

Current liabilities

2,469

1,461

-1,008

Non-current liabilities

2,525

2,012

-513

Total liabilities

4,994

3,473

-1,521

Net assets

8,349

2,037

-6,312

Total liabilities and net

13,343

5,510

-7,833

assets

5

CopyrightC 2022 All Rights Reserved, SanBio Company Limited

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SanBio Co. Ltd. published this content on 11 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 March 2022 06:15:10 UTC.