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Delta-Fly Pharma, Inc. (JP:4598)
:4598
Japanese Market
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Delta-Fly Pharma, Inc. (4598) AI Stock Analysis

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JP:4598

Delta-Fly Pharma, Inc.

(4598)

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Underperform 40 (OpenAI - Gpt-5.6Sol)
Rating:40Underperform
Price Target:
¥115.00
▲(8.49% Upside)
Action:Downgraded
Date:07/24/26
Overall score is dragged down primarily by very weak financial performance (zero revenue in recent years, persistent large losses, heavy cash burn, and sharply eroded equity/assets). Technicals add pressure with a clear downtrend and negative momentum signals. Valuation offers limited support due to a negative P/E and no provided dividend yield.
Positive Factors
Debt-free balance sheet
The absence of debt reduces interest obligations and refinancing exposure, giving the company a simpler capital structure. Although its financial resources have weakened substantially, being debt-free may preserve some flexibility compared with a similarly loss-making business carrying material borrowings.
Negative Factors
Sustained zero revenue
Four consecutive years of zero reported revenue indicate that the company has not recently converted its operations or development efforts into sales. This weakens visibility into commercial traction and leaves future funding dependent on restoring revenue generation or securing additional capital.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
The absence of debt reduces interest obligations and refinancing exposure, giving the company a simpler capital structure. Although its financial resources have weakened substantially, being debt-free may preserve some flexibility compared with a similarly loss-making business carrying material borrowings.
Read all positive factors

Delta-Fly Pharma, Inc. (4598) vs. iShares MSCI Japan ETF (EWJ)

Delta-Fly Pharma, Inc. Business Overview & Revenue Model

Company Description
Delta-Fly Pharma, Inc., established in Tokushima, Japan, in 2010, is a biotechnology company focused on the development of innovative oncology drugs. Their comprehensive pipeline includes several drug candidates targeting various cancers. DFP-1091...

Delta-Fly Pharma, Inc. Financial Statement Overview

Summary
Financial performance is extremely weak: revenue has been 0 since FY2023, losses remain large and worsening (net income about -1.63B in FY2026), and cash burn is severe with deeply negative operating/free cash flow (around -1.56B in FY2026). While the company has no debt, equity and total assets have collapsed (equity ~2.08B to ~33.98M; assets ~2.16B to ~0.25B), increasing funding risk.
Income Statement
8
Very Negative
Balance Sheet
18
Very Negative
Cash Flow
10
Very Negative
BreakdownTTMMar 2026Mar 2026Mar 2025Mar 2024Mar 2023
Income Statement
Total Revenue0.000.000.000.000.00300.00M
Gross Profit-1.42M-1.44M-1.59M-1.51M-1.63M300.00M
EBITDA-1.67B-1.60B-1.71B-1.40B-1.31B-959.79M
Net Income-1.68B-1.63B-1.72B-1.43B-1.33B-967.30M
Balance Sheet
Total Assets150.55M246.67M434.33M1.47B906.82M1.32B
Cash, Cash Equivalents and Short-Term Investments83.33M145.45M338.83M1.42B844.34M1.27B
Total Debt0.000.000.000.000.000.00
Total Liabilities346.58M212.69M156.54M241.50M115.62M91.19M
Stockholders Equity-196.03M33.98M277.80M1.23B791.20M1.23B
Cash Flow
Free Cash Flow0.00-1.56B-1.83B-1.28B-1.30B-940.40M
Operating Cash Flow0.00-1.56B-1.83B-1.28B-1.30B-940.40M
Investing Cash Flow0.000.00-206.00K207.00K-326.00K0.00
Financing Cash Flow0.001.36B756.70M1.85B882.62M119.86M

Delta-Fly Pharma, Inc. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price106.00
Price Trends
50DMA
115.84
Positive
100DMA
141.02
Negative
200DMA
242.89
Negative
Market Momentum
MACD
2.08
Negative
RSI
53.88
Neutral
STOCH
30.13
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4598, the sentiment is Positive. The current price of 106 is below the 20-day moving average (MA) of 110.60, below the 50-day MA of 115.84, and below the 200-day MA of 242.89, indicating a neutral trend. The MACD of 2.08 indicates Negative momentum. The RSI at 53.88 is Neutral, neither overbought nor oversold. The STOCH value of 30.13 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4598.

Delta-Fly Pharma, Inc. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
50
Neutral
¥135.23B-83.611662.38%42.86%
49
Neutral
¥4.81B-3.721135.58%2.37%
48
Neutral
¥138.78B-38.03-7.17%0.62%27.66%
48
Neutral
¥72.20B-22.06-44.85%31.36%
42
Neutral
¥15.55B-4.09-163.39%35.28%90.12%
40
Underperform
¥1.96B-0.8920.94%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:4598
Delta-Fly Pharma, Inc.
121.00
-459.00
-79.14%
JP:4563
AnGes
39.00
-59.00
-60.20%
JP:4587
Peptidream
1,088.50
-626.50
-36.53%
JP:4592
SanBio Co
938.00
-1,545.00
-62.22%
JP:4588
Oncolys BioPharma, Inc.
4,950.00
4,294.00
654.57%
JP:4591
Ribomic, Inc.
85.00
-25.00
-22.73%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 24, 2026