Rebase,Inc.

The Group operates the community event service “TOIRO,” centered on its rental space matching platform “Instabase.” Its principal service is “Instabase,” which provides an online platform for booking, payment and operational support, connecting space hosts wishing to rent out vacant properties and spaces with space users wishing to use them. For space hosts, the Group supports operations through services including the creation and management of space pages, booking management, collection of usage fees, integration with external calendars such as Google Calendar, integration with IoT devices such as smart locks and security cameras, and the provision of guarantee services. For space users, it offers multiple payment methods, including credit card payments, convenience store payments, bank transfers via Pay-easy, and postpaid options such as invoicing, enabling users to complete reservations online. Under its business model, usage fees are paid to space hosts, users are not charged a booking fee, and space hosts are charged a fee of up to 35%. The Group also operates “Instabase Plate,” which arranges food and beverage deliveries, and “Marketplace,” which matches space operators with service providers that support space operations. For the fiscal year ended March 2026, gross transaction value, including fees received from space hosts, was ¥7,444 million, the number of bookings was 1,692 thousand, and the number of listed spaces was 47,000 as of 14 May 2026. The fees received from space hosts represent consideration for providing customer acquisition value and promote booking conversion by shortening the booking journey. Instabase operates across all prefectures in Japan. The Group’s principal affiliates include “Libertyship,” based in Aoshima, Miyazaki City, Miyazaki Prefecture (capital: ¥45.987 million; principal businesses: area development and facility operations in and around Aoshima, Miyazaki City, sales of barrel saunas and other businesses; business alliance as an equity-method affiliate; ownership interest: 48.4%), and “アップナウ,” based in Shibuya-ku, Tokyo (capital: ¥8.243 million; principal business: development of a rental space booking system; equity-method affiliate; ownership interest: 49.0%).