Worth reading
66In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
85.5
% decrease in revenueWording
Avoiding a definitive answer
How definitive the wording is.Results for this period
First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAPNet Sales168¥ millionYear on year -85.5%Progress 5.1%
Operating profit-6,397¥ million
Ordinary income-6,335¥ million
Net income attributable to owners of the parent-6,336¥ million
The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
Net income per share-¥43.32
Financial position at period-end
Total assets40,901¥ million
of which net assets 8,663 ¥ millionEquity ratio 20.9%vs. prior year-end -10.7pt
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥3,300 million (YoY -0.2%)
Operating profit¥-17,700 million
Ordinary income¥-13,000 million
Net income¥-13,000 million
Annual Dividend Forecast¥0 → ¥0
Factors Behind Changes in Business Performance
In the year-earlier quarter, revenue was recognized in connection with development progress on Missions 2 and 5, whereas in the current first quarter, revenue was recognized only in connection with development progress on Mission 3.
Disclosure regarding the going concern assumption
There are disclosures regarding events and other matters that raise substantial doubt about the going concern assumption. However, the Company determined that no material uncertainty exists because countermeasures are being implemented. There are no applicable notes regarding the going concern assumption.
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidation0 new companies and 0 excluded companies (no significant changes to the scope of consolidation during the period)
Material subsequent eventsThe Company received a notice from JAXA of the grant decision for Phase 2 of the Space Strategy Fund. The grant decision amount for the initial subsidized project period is ¥11,643 million, with a maximum support limit of ¥20,000 million. The subcontracting agreement is expected to end in connection with the termination of NASA's CP-12 contract. A consolidated subsidiary, ispace S A, was established in Saudi Arabia.
Impairment loss非開示
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss No recognition
Depreciation and amortization¥93,965 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and securities analysts)
Issued Shares at Period-End146,311,623 shares
Treasury Shares at Period-End152 shares
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 June 2026 |
| Net Sales | ¥168 million (YoY -85.5%) |
| Operating profit | ¥-6,397 million |
| Ordinary income | ¥-6,335 million |
| Profit attributable to owners of the parent | ¥-6,336 million |
| Net income per share | -¥43.32 |
| Equity ratio | End of the current fiscal period 20.9 / End of previous period 31.6 |
| Total assets | ¥40,901 million |
| Net assets | ¥8,663 million |
| Full-year earnings forecast | Net Sales ¥3,300 million (YoY -0.2%) / Operating profit ¥-17,700 million / Ordinary income ¥-13,000 million / Net income ¥-13,000 million |
| Annual Dividend Forecast | ¥0 → ¥0 |
| Depreciation and amortization | ¥93,965 thousand |
| Impairment loss | 非開示 |
| Breakdown of extraordinary income (loss) | Extraordinary income Not disclosed / Extraordinary loss No recognition |
| Disclosure regarding the going concern assumption | There are disclosures regarding events and other matters that raise substantial doubt about the going concern assumption. However, the Company determined that no material uncertainty exists because countermeasures are being implemented. There are no applicable notes regarding the going concern assumption. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | 0 new companies and 0 excluded companies (no significant changes to the scope of consolidation during the period) |
| Material subsequent events | The Company received a notice from JAXA of the grant decision for Phase 2 of the Space Strategy Fund. The grant decision amount for the initial subsidized project period is ¥11,643 million, with a maximum support limit of ¥20,000 million. The subcontracting agreement is expected to end in connection with the termination of NASA's CP-12 contract. A consolidated subsidiary, ispace S A, was established in Saudi Arabia. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for institutional investors and securities analysts) |
| Issued Shares at Period-End | 146,311,623 shares |
| Treasury Shares at Period-End | 152 shares |
| Factors Behind Changes in Business Performance | In the year-earlier quarter, revenue was recognized in connection with development progress on Missions 2 and 5, whereas in the current first quarter, revenue was recognized only in connection with development progress on Mission 3. |
Items this document does not state (12)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlog
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.In the year-earlier quarter, revenue was recognized in connection with development progress on Missions 2 and 5, whereas in the current first quarter, revenue was recognized only in connection with development progress on Mission 3.
How to read this page
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