4888
繧ケ繝�繝ゥ繝輔ぃ繝シ繝樊ェ蠑丈シ夂、セ
ステラファーマ株式会社
Pharmaceutical
Stella Pharma Corporation engages in the research, development, manufacturing, and distribution of pharmaceuticals. The company develops drugs for boron neutron capture therapy (BNCT). Its products include SPM-011, a boron-containing drug for BNCT used for treating head and neck cancer, recurrent malignant glioma, meningioma, and malignant melanoma and angiosarcoma. The company was incorporated in 2007 and is headquartered in Osaka, Japan.
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Overview
Filings & Signals
Ownership
Financials
▾ Collapse Charts
Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales
¥961M
¥269M
¥229M
¥100M
Gross Profit
¥846M
¥217M
¥207M
¥85M
SG&A
¥936M
¥978M
¥1.0B
¥827M
Operating Income
¥-90M
¥-760M
¥-807M
¥-742M
Non-Operating Income
¥12M
¥5M
¥41M
¥18M
Interest Income
¥1M
¥0M
¥0M
¥0M
Non-Operating Expenses
¥59M
¥5M
¥10M
¥40M
Interest Expense
¥4M
¥2M
¥3M
¥3M
Ordinary Income
¥-138M
¥-760M
¥-776M
¥-764M
Pre-tax Income
¥-138M
¥-761M
¥-776M
¥-764M
Income Taxes
¥3M
¥3M
¥3M
¥4M
Current Tax
¥3M
¥3M
¥3M
¥4M
Net Income (owners)
¥-141M
¥-764M
¥-779M
¥-768M
EBITDA
¥-56M
¥-725M
¥-772M
¥-708M
EPS
¥-4.22
¥-24.66
¥-26.97
¥-27.34
Shares Outstanding
34.0M
31.2M
30.0M
28.7M
Shares Issued (total)
34.0M
31.2M
30.0M
28.7M
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥5.4B
¥3.8B
¥4.3B
¥4.7B
Current Assets
¥5.2B
¥3.6B
¥3.8B
¥4.2B
Cash & Deposits
¥3.2B
¥2.1B
¥2.7B
¥3.3B
Trade Receivables
¥715M
¥76M
¥59M
¥17M
Non-Current Assets
¥174M
¥191M
¥536M
¥543M
PP&E
¥67M
¥82M
¥103M
¥92M
Intangible Assets
¥49M
¥53M
¥62M
¥68M
Investment Securities
—
—
¥303M
¥305M
Total Liabilities
¥2.2B
¥1.4B
¥1.6B
¥1.6B
Current Liabilities
¥390M
¥456M
¥422M
¥308M
ST Debt
¥159M
¥160M
¥160M
¥160M
Taxes Payable
¥14M
¥10M
¥6M
¥28M
Non-Current Liabilities
¥1.8B
¥988M
¥1.2B
¥1.3B
Total LT Borrowings
¥608M
¥773M
¥933M
¥1.1B
Total Equity
¥3.2B
¥2.4B
¥2.8B
¥3.1B
Capital Stock
¥2.9B
¥2.9B
¥3.3B
¥3.8B
Capital Surplus
¥489M
¥196M
¥221M
¥1.9B
Retained Earnings
¥-141M
¥-764M
¥-779M
¥-2.6B
Treasury Stock
¥-0M
¥-0M
¥-0M
—
Equity (owners)
¥3.2B
¥2.4B
¥2.7B
¥3.1B
Total Interest-Bearing Debt ⓘ
¥767M
¥933M
¥1.1B
¥1.3B
Net Cash ⓘ
¥2.4B
¥1.1B
¥1.6B
¥2.0B
NCAV ⓘ
¥3.0B
¥2.2B
¥2.2B
¥2.5B
NCAV/Share
¥89
¥70
¥74
¥88
BV/Share
¥94
¥76
¥92
¥107
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥140M
¥-877M
¥-828M
¥-1.1B
Interest Paid
¥-4M
¥-2M
¥-3M
¥-3M
D&A
¥35M
¥35M
¥35M
¥34M
Investing CF
¥288M
¥-9M
¥-30M
¥-351M
CapEx
¥4M
¥11M
¥25M
¥46M
Purchase Investments
—
—
—
¥-305M
Financing CF
¥721M
¥228M
¥292M
¥3.8B
Share Buybacks
¥-0M
—
¥-0M
—
LT Debt Repaid
¥-947M
¥-160M
¥-160M
¥-160M
Free Cash Flow
¥136M
¥-888M
¥-853M
¥-1.1B
Net Change in Cash
¥1.1B
¥-657M
¥-566M
¥2.4B
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
-5.0%
-29.8%
-26.7%
-24.9%
ROA
-3.0%
-18.7%
-17.2%
-16.3%
EPS
¥-4.22
¥-24.66
¥-26.97
¥-27.34
BPS
¥94.26
¥75.90
¥91.51
¥107.39
FCF/Share
¥4
¥-28
¥-28
¥-39
NCAV/Share
¥89
¥70
¥74
¥88
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 11
Date Activist Stake Event Flag Demands Source
2026-04-27
Heights Capital Management, Inc.
2.91%
-2.77%
change
Passive
—
2026-04-23
Heights Capital Management, Inc.
5.68%
initial_5pct
Passive
—
2025-11-20
Amova Asset Management Co., Ltd.
0.19%
-5.55%
change
Passive
—
2025-09-19
Amova Asset Management Co., Ltd.
5.74%
change
Passive
—
2025-05-08
Nikko Asset Management Co.,Ltd.
5.6%
-2.01%
change
Passive
—
2025-03-21
Nikko Asset Management Co.,Ltd.
7.61%
change
Passive
—
2024-07-05
SMBC Nikko Securities Inc.
4.61%
-1.36%
change
Passive
—
2024-06-21
SMBC Nikko Securities Inc.
5.97%
-1.82%
change
Passive
—
2024-06-07
SMBC Nikko Securities Inc.
7.79%
-1.73%
change
Passive
—
2023-08-22
SMBC Nikko Securities Inc.
9.52%
-1.02%
change
Passive
—
2023-06-22
SMBC Nikko Securities Inc.
10.54%
change
Passive
—
Top 10 Shareholders
Ownership DNA
#
Shareholder
Shares (thou.)
% of Total
1
ステラケミファ株式会社
11,450
33.65%
2
The Master Trust Bank of Japan, Ltd. (Trust Account)
日本マスタートラスト信託銀行株式会社(信託口)
1,482
4.36%
3
野村信託銀行株式会社(投信口)
1,091
3.21%
4
楽天証券株式会社
991
2.91%
5
中村 沢司
973
2.86%
6
株式会社SBI証券
619
1.82%
7
青山 馥
509
1.50%
8
三菱UFJ eスマート証券株式会社
356
1.05%
9
青山 英世
325
0.96%
10
一般財団法人国際クラブ
300
0.88%
Domestic Nominees
4.4%
+2.4% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
0.0%
+0.0% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
48.8%
-4.1% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
ステラケミファ
38.20%
36.67%
33.65%
-3.02%
日本マスタートラスト信託銀行
2.44%
1.99%
4.36%
+2.37%
野村信託銀行株式会社(投信口)
7.85%
8.08%
3.21%
-4.87%
楽天証券
↑
1.00%
0.78%
2.91%
+2.13%
中村 沢司
2.29%
3.01%
2.86%
-0.15%
式会社SBI証券
NEW ENTRY
0.99%
—
1.82%
NEW
青山 馥
NEW ENTRY
—
—
—
1.50%
NEW
三菱UFJ eスマート証券
NEW ENTRY
—
—
—
1.05%
NEW
青山 英世
NEW ENTRY
—
—
—
0.96%
NEW
一般財団法人国際クラブ
1.00%
0.96%
0.88%
-0.08%
auカブコム証券
last seen 2024
Exited Top 10
0.68%
1.02%
—
SMBC日興証券
last seen 2024
Exited Top 10
—
0.94%
—
JPモルガン証券
last seen 2024
Exited Top 10
0.67%
0.83%
—
住友重機械工業
last seen 2024
Exited Top 10
—
0.64%
—
SMBC日興証券
last seen 2023
Exited Top 10
1.04%
—
—
Concentration (HHI)
ⓘ
1537
1428
1187
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved