Heartseed, Inc.

Heartseed, Inc.

TTSE:219A
2,565.00
JPY
-117.00
(-4.36%)
38.15BMarket Cap
Nov 13Next Earn
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
22.69
24.99
53.13
132.68
- -
Basic EPS, GAAP
-64.22
-106.81
-49.43
8.36
- -
Free Cash Flow per Basic Share
-87.36
-81.6
-82.54
46.11
- -
Dividend per Share
- -
- -
- -
- -
- -
Book Value per Share
214.92
239.56
298
315.41
291.29
Tangible Book Value per Share
214.92
239.56
298
315.41
291.29
Basic Weighted Avg Shares
22
14
16
23
23
Sales/Revenue/Turnover
499
345
874
3,027
- -
Operating Margin (%)
-292.27
-423.41
-118.91
8.99
- -
Depreciation Expense
- -
8
42
53
- -
Net Income, GAAP
-1,413
-1,473
-813
191
- -
Effective Tax Rate (%)
- -
- -
- -
34.04
- -
Profit Margin (%)
-283.08
-427.44
-93.03
6.3
- -
Working Capital
4,777
4,784
6,122
6,823
6,316
LT Debt
12
6
1
- -
- -
Total Equity
4,728
5,270
6,623
7,195
6,663
Return on Invested Capital (%)
- -
- -
- -
2.59
- -
Return on Capital (%)
- -
- -
- -
2.76
- -
Return on Common Equity (%)
- -
-29.48
-13.67
2.76
- -

Capital Structure

JPY

•

in mil. unless spec.
Oct'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
23
23
23
Market Capitalization
39,531
39,572
38,154

Working Capital

JPY

•

in mil. unless spec.
Oct'25
Mar'26
Jun'26
Total Current Assets
7,144
- -
6,533
Cash, Cash Equivalents & STI
6,836
- -
6,335
Accounts Receivable, Net
- -
- -
7
Inventories
48
- -
60
Total Current Liabilities
320
- -
217
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
8.63%
Free Cash Flow
- -
- -
-177.51%
Net Income, GAAP
- -
- -
-123.45%
Sales/Revenue/Turnover
- -
- -
246.44%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
874
2025
- -
- -
- -
- -
3,027
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
-49.43
2025
- -
- -
- -
- -
8.36
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Keiichi Fukuda
Full Time Employees
43
Sector
Health technology
Industry
Pharmaceuticals: major
Address
5th Floor, Seavans South Building Tokyo TY Japan 105-0023
IPO Date
Jul 30, 2024
Business
Heartseed Inc. (TSE:219A) develops and commercializes regenerative medicine therapies using iPS cell-derived cardiomyocytes to treat severe heart failure with reduced ejection fraction, including dilated cardiomyopathy, old myocardial infarction, and dilated phase of hypertrophic cardiomyopathy; its lead product candidate, HS-001, comprises allogeneic iPSC-derived cardiomyocyte spheroids delivered via intramyocardial injection during open-heart surgery; HS-005 employs catheter-based administration of similar spheroids for broader clinical applicability; the company pursues additional research on autologous iPSC-derived and HLA knock-out iPSC-derived cardiomyocytes to mitigate immune rejection risks. Heartseed employs proprietary technologies for high-purity ventricular cardiomyocyte production, purification to minimize teratoma and arrhythmia risks, efficient engraftment via remuscularization, and specialized delivery devices including a recently partnered catheter system for allogeneic iPSC-derived cardiomyocyte spheroids. Founded in November 2015 and headquartered at 1-2-3 Shibaura, Minato-ku, Tokyo, Japan, the clinical-stage biotechnology company listed on the Tokyo Stock Exchange Growth Market in July 2024, terminated its June 2021 collaboration with Novo Nordisk in September 2025—under which Novo held exclusive rights outside Japan to HS-001 for up to $598 million in payments—prompting Heartseed to regain full global intellectual property control, explore new overseas partnerships, and prioritize Japanese development with existing funds following completion of a phase 1/2 trial for HS-001 in July 2025 and clearance for HS-005 phase 1/2 clinical trial notification.