Recognition of non-operating income
The Company (ispace, inc.)
The space-related theme "Development and Operational Demonstration of a Lunar Lander"
The foreign exchange gain arose mainly from the revaluation of foreign-currency-denominated loans to the Company's consolidated subsidiaries at the exchange rate as of the end of the quarter. The subsidy income relates to the selection under the Ministry of Economy, Trade and Industry's "Small and Medium Enterprise Innovation Creation Promotion Project."
¥650 million in foreign exchange gains (non-operating income) and ¥2,583 million in subsidy income (non-operating income). The foreign exchange gain for the cumulative consolidated period of the fiscal year is ¥2,742 million.
Consolidated accounting period for the fourth quarter of the fiscal year ending March 2026 (1 January 2026 to 31 March 2026)
Reflected in the "Earnings Report for the Fiscal Year Ended March 2026 [Japanese GAAP] (Consolidated)" released today. Whether the earnings forecast was revised or left unchanged was not disclosed.
Related procedures
Ministry of Economy, Trade and Industry (identified as the implementing entity for the "Small and Medium Enterprise Innovation Creation Promotion Project")
The non-operating income has been recognized in the fourth-quarter consolidated accounting period of the fiscal year ending March 2026 and reflected in the earnings report released today.
| Item | Details |
|---|---|
| Event name | Recognition of non-operating income |
| Date of occurrence | 31 March 2026 (end of the quarter; the specific date of occurrence of the subsidy income was not disclosed) |
| Subject Entity | The Company (ispace, inc.) |
| Target Locations / Products | The space-related theme "Development and Operational Demonstration of a Lunar Lander" |
| Cause | The foreign exchange gain arose mainly from the revaluation of foreign-currency-denominated loans to the Company's consolidated subsidiaries at the exchange rate as of the end of the quarter. The subsidy income relates to the selection under the Ministry of Economy, Trade and Industry's "Small and Medium Enterprise Innovation Creation Promotion Project." |
| Amount of Impact on Business Performance | ¥650 million in foreign exchange gains (non-operating income) and ¥2,583 million in subsidy income (non-operating income). The foreign exchange gain for the cumulative consolidated period of the fiscal year is ¥2,742 million. |
| Accounting period in which recognized | Consolidated accounting period for the fourth quarter of the fiscal year ending March 2026 (1 January 2026 to 31 March 2026) |
| Impact on Earnings Forecast | Reflected in the "Earnings Report for the Fiscal Year Ended March 2026 [Japanese GAAP] (Consolidated)" released today. Whether the earnings forecast was revised or left unchanged was not disclosed. |
| Court or authority | Ministry of Economy, Trade and Industry (identified as the implementing entity for the "Small and Medium Enterprise Innovation Creation Promotion Project") |
| Outlook | The non-operating income has been recognized in the fourth-quarter consolidated accounting period of the fiscal year ending March 2026 and reflected in the earnings report released today. |
Items this document does not state (15)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The foreign exchange gain arose mainly from the revaluation, at the exchange rate as of the end of March 2026, of foreign-currency-denominated loans to the Company's consolidated subsidiaries. The subsidy income relates to the selection of the theme "Development and Operational Demonstration of a Lunar Lander" under the Ministry of Economy, Trade and Industry's "Small and Medium Enterprise Innovation Creation Promotion Project."