Overview
Pharmaceutical

StemRIM Inc.

Stemrim is a Japanese biopharmaceutical company focused on developing proprietary 'Regeneration-Inducing Medicine®' (Stem cell Regeneration-Inducing Medicine™), a novel class of drug candidates that mobilize endogenous stem cells within the patient's body—without extracting or culturing cells—to regenerate damaged tissues and organs. The company's platform technology, developed in collaboration with Osaka University, targets a broad range of intractable diseases including central nervous system disorders (stroke, ALS, spinal cord injury), cardiovascular, dermatological, gastrointestinal, musculoskeletal, and respiratory diseases. Its business model is primarily license-based, generating revenue through upfront payments, development milestones, royalties, and collaborative research agreements with domestic and international pharmaceutical partners.

Market Cap
¥9.28B
US$59.2M
EV
¥3.90B
US$24.9M
Stock¥148▲+2.07%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
NM
LTM EV/EBIT
NM
LTM PER
NM
LTM PBR
2.2
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-70.4%pt
10012
Oct 24, 25 – Oct 23, 26StockTOPIX
1Sep 10, 26Redasemtide stroke trial failed to meet primary endpoint
2Sep 11, 26FY07/26 net loss ¥1.85bn; stroke trial missed primary endpoint
MC → EV Bridge
9.28BUS$59.2MMarket Cap0.00BUS$0.00M+ Debt5.38BUS$34.3M− Cash0.00BUS$0.00M− Inv. Sec.3.90BUS$24.9MEV
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Performance & Balance
Revenue 5Y (¥B)
0.02US$0.14M'22/72.35US$15.0M'23/7
EBITDA 5Y (¥B)
-1.93-US$12.3M'22/70.19US$1.21M'23/7-2.03-US$13.0M'24/7-1.92-US$12.3M'25/7-1.96-US$12.5M'26/7
Net Income 5Y (¥B)
-1.95-US$12.4M'22/70.17US$1.07M'23/7-2.02-US$12.9M'24/7-1.93-US$12.3M'25/7-1.85-US$11.8M'26/7
Capital Structure
100%
EquityD/E 0.00xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
8.88US$56.6M0.00US$0.02M'22/710.2US$65.2M0.00US$0.00M'23/78.41US$53.6M'24/76.99US$44.6M'25/75.38US$34.3M'26/7
Shareholders
Top 10 hold 57.5%
1
Katsuto TAMAI
15.90%
2
Yoshiko TAMAI
8.60%
3
Kensuke TOMITA
8.00%
4
Shionogi & Co.,Ltd.
7.40%
5
Daisuke GOMI
5.40%
6
Takahiko YAMASAKI
3.80%
7
Miyako Kyoto University Innovation Investment Limited Partnership
3.10%
8
Tsutomu KANASAKI
2.50%
9
Masatsune OKAJIMA
1.70%
10
E.C.S. Co., Ltd. (Yugen Kaisha)
1.10%
Management
7 officers
Masatsune OKAJIMA
Representative Director, President and CEO
Apr 1991 Joined Sumitomo Bank, Ltd. (now Sumitomo Mitsui Banking Corporation) Oct 1996 Joined Sumitomo Capital Securities, Inc. Apr 1999 Joined Daiwa SB Capital Markets Co., Ltd. (now Daiwa Securities Co. Ltd.) Sep 2006 Joined MediciNova, Inc.; Executive Vice President and Representative, Tokyo Office Jan 2007 Established MediciNova Pharma Co., Ltd.; Representative Director, President Mar 2019 Representative Director, President and COO, the Company Aug 2020 Representative Director and President, Executive Officer, the Company Oct 2023 Representative Director, President and CEO, the Company (current)
1968-01-01
Katsuto TAMAI
Director, CSO
Apr 1990 Assistant Professor, Hirosaki University, Department of Dermatology, School of Medicine Hospital Oct 1990 Postdoctoral Fellow, Thomas Jefferson University Medical College, USA Dec 1992 Assistant Professor, Hirosaki University, Department of Dermatology, School of Medicine Feb 1995 Lecturer, Hirosaki University, Department of Dermatology, School of Medicine Hospital Aug 1998 Associate Professor, Hirosaki University, Department of Dermatology, School of Medicine Apr 2002 Associate Professor, Osaka University, Graduate School of Medicine, Gene Therapy May 2003 Professor, Osaka University, Graduate School of Medicine, Gene Therapy Feb 2007 Director, the Company Oct 2009 Professor, Osaka University Endowed Chair, Regenerative Medicine, Graduate School of Medicine Oct 2022 Director and CSO, the Company (current) Oct 2023 Visiting Professor, Osaka University Graduate School of Medicine (current)
1960-07-19
Noriko SAWAI
Director
Apr 1995 Joined CSK Venture Capital Co., Ltd. Jun 2014 Joined DeNA Co., Ltd. Oct 2018 Representative Director, Sun Chef Lepra Co., Ltd. (current) Sep 2019 Director, certified NPO deleteC (current) Oct 2019 Outside Director, the Company (current) Aug 2022 Team Head, Healthcare Team, Business Division, Social Change Promotion Foundation (general incorporated foundation) Feb 2024 Director, New Business Promotion Office, Medical Services Division, NTT Precision Medicine Co., Ltd. (current)
1972-01-28
Hirotada NAGAI
Director
Apr 2001 Joined Ministry of Health, Labour and Welfare, Pharmaceutical and Food Safety Bureau Apr 2003 Seconded to Fukuoka Prefectural Government, Health and Welfare Department, Pharmaceutical Affairs Division Sep 2012 Seconded to Pharmaceuticals and Medical Devices Agency, Medical Device Review Department I Jul 2014 Seconded to INCJ, Ltd. Oct 2017 Joined Kyoya Co., Ltd. Dec 2017 Director, Kyoya Co., Ltd. (current) Dec 2017 Director, Pol-Med Tech Co., Ltd. (current) Mar 2018 Director, PRDM Co., Ltd. (current) May 2020 Audit & Supervisory Board Member, Regional Fish Co., Ltd. (current) Oct 2020 Outside Director, the Company (current) Jul 2022 Representative Director, Momiji Research Institute Co., Ltd. (current) Jun 2024 Director, Gifu City Pharmaceutical Association (general incorporated association) (current)
1976-06-24
Yoji HISAWATARI
Full-time Audit and Supervisory Board Member
Jun 1975 Joined Uniroyal, Inc. (USA), International Division, Area Manager Feb 1985 Joined Eli Lilly Japan K.K., Arden Export Division, Section Manager Oct 1990 Joined Eli Lilly Japan K.K., Head of Western Japan Sales, Pharmaceutical Division Sep 1993 Joined Eli Lilly Japan K.K., General Manager, Human Resources Sep 1996 Joined Eli Lilly Japan K.K., General Manager, Elanco Animal Health Division Jun 1999 Joined Eli Lilly Japan K.K., General Manager, Business Development Apr 2003 Joined Eli Lilly Japan K.K., Executive Officer, General Manager, Business Development Nov 2008 Joined Shionogi & Co., Ltd., General Manager, Overseas Business Development Oct 2017 Full-time Audit and Supervisory Board Member, the Company (current)
1948-10-20
Ryohiro MIZUKAMI
Audit and Supervisory Board Member
Oct 1983 Joined Sanwa Audit Corporation Tokyo Marunouchi Office (now Deloitte Touche Tohmatsu LLC) Jul 1997 Partner, same office Oct 2005 Head, Yokohama Office, same firm Sep 2018 Representative, Ryohiro Mizukami Certified Public Accountant Office (current) Sep 2018 Director, Liberta Co., Ltd. Mar 2019 Director, Rex Advisors Co., Ltd. (current) Oct 2019 Audit and Supervisory Board Member, the Company (current) Sep 2020 Audit and Supervisory Board Member, Kudo Construction Co., Ltd. (current) Jun 2021 Director, Kojin Bio Co., Ltd.
1956-09-13
Yoichiro SHIMADA
Audit and Supervisory Board Member
Apr 1978 Joined Sumitomo Bank, Ltd. (now Sumitomo Mitsui Banking Corporation) Apr 1997 General Manager, Equity Division, Sumitomo Capital Securities, Inc. Apr 2003 General Manager, Nagoya Corporate Business Division, Daiwa SMBC Securities Co., Ltd. (now Daiwa Securities Co. Ltd.) Apr 2007 General Manager, Private Banking Sales Division II, Sumitomo Mitsui Banking Corporation Mar 2014 Audit and Supervisory Board Member, Aoyama Zaisan Networks Co., Ltd. Oct 2019 Audit and Supervisory Board Member, the Company (current)
1955-10-04
Large Shareholding Reports
Kensuke Tomita
2026-08-27
6.05%→4.84%
Annual report (as of 2026-01-31): 8.00%
Kensuke TOMITA
2026-07-21
8.02%→7.25%
Annual report (as of 2026-01-31): 8.00%
Kensuke TOMITA
2026-07-07
8.79%→8.02%
Annual report (as of 2026-01-31): 8.00%
Disclosures
Executive Change
2026-09-09
Primary Source Filings
TDnet
2026-09-09
Executive Change
TDnet
2026-09-09
Full-Year Earnings Flash
FY ending Jul 2026
EDINET
2026-08-27
Large Shareholding Report
EDINET
2026-07-21
Large Shareholding Report
EDINET
2026-07-07
Large Shareholding Report
TDnet
2026-06-10
Q3 Earnings Flash
FY ending Jul 2026
EDINET
2026-03-12
Semi-Annual Securities Report
Period: Aug 2025 – Jul 2026
TDnet
2025-12-10
Q1 Earnings Flash
FY ending Jul 2026
EDINET
2025-11-12
Securities Registration Statement
EDINET
2025-10-21
Annual Securities Report
Period: Aug 2024 – Jul 2025
TDnet
2025-06-11
Q3 Earnings Flash
FY ending Jul 2025
EDINET
2025-03-13
Semi-Annual Securities Report
Period: Aug 2024 – Jul 2025
TDnet
2024-12-11
Q1 Earnings Flash
FY ending Jul 2025
EDINET
2024-11-25
Securities Registration Statement
EDINET
2024-10-31
Annual Securities Report
Period: Aug 2023 – Jul 2024
EDINET
2024-06-13
Quarterly Securities Report
Period: Feb 2024 – Apr 2024
EDINET
2024-03-14
Quarterly Securities Report
Period: Nov 2023 – Jan 2024
EDINET
2023-12-14
Quarterly Securities Report
Period: Aug 2023 – Oct 2023
EDINET
2023-10-26
Annual Securities Report
Period: Aug 2022 – Jul 2023
EDINET
2023-06-14
Quarterly Securities Report
Period: Feb 2023 – Apr 2023
EDINET
2023-03-09
Quarterly Securities Report
Period: Nov 2022 – Jan 2023
EDINET
2022-12-15
Quarterly Securities Report
EDINET
2022-10-27
Annual Securities Report
EDINET
2022-06-10
Quarterly Securities Report
EDINET
2022-03-11
Quarterly Securities Report
EDINET
2021-12-10
Quarterly Securities Report
EDINET
2021-10-28
Annual Securities Report
EDINETAmended
2021-07-26
Amended Securities Registration Statement
EDINETAmended
2021-07-16
Amended Securities Registration Statement
EDINET
2021-07-08
Securities Registration Statement
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