Research Coverage of Japanese Listed Companies, Shared Research Inc

Shared Research

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Research Coverage of Japanese Listed Companies

Shared Research Inc

Pioneering research coverage of Japanese listed companies. Now customizable and interactive for global institutional investors. Corporate access reimagined.

Equity Bottom-Up

<ul><li>CanBas reported no operating revenue in Q1 FY06/24, with an operating loss of JPY251mn and increased R&D expenses. </li><li>Total assets rose by JPY1.3bn due to fundraising, while liabilities saw a JPY9mn decrease in accounts payable. </li><li>The company anticipates JPY5.5bn costs for potential Phase 3 trials in Europe, with development period and costs under review.</li></ul>

CanBas reported no operating revenue in Q1 FY06/24, with an operating loss of JPY251mn and increased R&D expenses. Total assets rose by JPY1.3bn due to fundraising, while liabilities saw a JPY9mn decrease in accounts payable. The company anticipates JPY5.5bn costs for potential Phase 3 trials in Europe, with development period and costs under review.

Canbas Co Ltd (4575 JP): Q1 FY06/25 flash update