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Ispace, Inc. logo

Ispace, Inc.

9348.T

JPXTechnologyComputer Hardware

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Latest quote

¥424

−¥5.00 · -1.17%

Aug 24, 1:15 PM JST

9348.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

ispace, Inc., established in Tokyo, Japan, in 2010, operates as a pioneering company focused on the utilization of lunar resources. The firm specializes in the engineering and construction of spacecraft designed to land on the moon and rovers for surface exploration, primarily to deliver clients' scientific and commercial payloads. Beyond transportation, ispace offers a range of services, including capturing video and operational data from lunar missions, alongside providing systems for resource extraction. They also supply crucial hardware such as advanced cameras, communication equipment, and specialized devices for cell cultivation. Moreover, the company disseminates vital lunar information, encompassing imagery, environmental metrics, telemetry, and resource intelligence. This invaluable data supports government space agencies, academic institutions, research organizations, and private corporations in their mission planning and efforts toward lunar surface development.

Industry
Computer Hardware
Sector
Technology
Headquarters
JP
CEO
Takeshi Hakamada
Listed since
Apr 13, 2023
Employees
333

Market position

Day range

Current ¥424

52-week range

Current ¥424

Open
¥432
Previous close
¥429
Volume
304.1K
0.14× average
Average volume
2.19M
Average daily volume
Market cap
62.03B JPY
Beta
0.69
Market reference 1
50-day average
¥438.7
-3.35% below average
200-day average
¥495.5
-14.43% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
53.52B JPY
P/E (TTM)
-5.13×
P/B (TTM)
7.16×
P/S (TTM)
26.85×
EV / EBITDA
-4.71×
Earnings yield
-15.16%
Free cash flow yield
-28.93%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
-333.87%
Operating margin
-681.13%
Net margin
-502.54%
Return on equity
-53.73%
Return on assets
-17.09%
Return on invested capital
-25.68%

Financial health

Debt / equity
3.44×
Current ratio
6.04×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends177%-307%-790%-1273%Gross margin, FY2021: 49.63%Gross margin, FY2022: 55.88%Gross margin, FY2023: 39.38%Gross margin, FY2024: 47.32%Gross margin, FY2025: -86.28%Operating margin, FY2021: -601.75%Operating margin, FY2022: -1114.38%Operating margin, FY2023: -233.41%Operating margin, FY2024: -206.51%Operating margin, FY2025: -350.16%Net margin, FY2021: -602.23%Net margin, FY2022: -1152.22%Net margin, FY2023: -100.39%Net margin, FY2024: -251.84%Net margin, FY2025: -246.50%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 49.63%. Gross margin FY2022 55.88%. Gross margin FY2023 39.38%. Gross margin FY2024 47.32%. Gross margin FY2025 -86.28%. Operating margin FY2021 -601.75%. Operating margin FY2022 -1114.38%. Operating margin FY2023 -233.41%. Operating margin FY2024 -206.51%. Operating margin FY2025 -350.16%. Net margin FY2021 -602.23%. Net margin FY2022 -1152.22%. Net margin FY2023 -100.39%. Net margin FY2024 -251.84%. Net margin FY2025 -246.50%.

Income trends

Revenue

3.31B JPY-30.28%

Operating income

−11.58B JPY-18.22%

Net income

−8.15B JPY+31.75%
Income trends across reported periods6.41B JPY−263.28M JPY−6.94B JPY−13.61B JPYRevenue, FY2021: 674.14M JPYRevenue, FY2022: 989.24M JPYRevenue, FY2023: 2.36B JPYRevenue, FY2024: 4.74B JPYRevenue, FY2025: 3.31B JPYOperating income, FY2021: −4.06B JPYOperating income, FY2022: −11.02B JPYOperating income, FY2023: −5.5B JPYOperating income, FY2024: −9.8B JPYOperating income, FY2025: −11.58B JPYNet income, FY2021: −4.06B JPYNet income, FY2022: −11.4B JPYNet income, FY2023: −2.37B JPYNet income, FY2024: −11.95B JPYNet income, FY2025: −8.15B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 674.14M JPY. Revenue FY2022 989.24M JPY. Revenue FY2023 2.36B JPY. Revenue FY2024 4.74B JPY. Revenue FY2025 3.31B JPY. Operating income FY2021 −4.06B JPY. Operating income FY2022 −11.02B JPY. Operating income FY2023 −5.5B JPY. Operating income FY2024 −9.8B JPY. Operating income FY2025 −11.58B JPY. Net income FY2021 −4.06B JPY. Net income FY2022 −11.4B JPY. Net income FY2023 −2.37B JPY. Net income FY2024 −11.95B JPY. Net income FY2025 −8.15B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue3.31B JPY4.74B JPY2.36B JPY989.24M JPY674.14M JPY
Cost of goods sold6.16B JPY2.5B JPY1.43B JPY436.47M JPY339.55M JPY
Gross profit−2.85B JPY2.24B JPY928.24M JPY552.77M JPY334.59M JPY
Research and development3.93B JPY7.73B JPY3.83B JPY9.23B JPY3.25B JPY
Selling, general, and administrative4.8B JPY4.31B JPY2.6B JPY2.34B JPY1.14B JPY
Operating expenses8.73B JPY12.04B JPY6.43B JPY11.58B JPY4.39B JPY
Interest income140.9M JPY95.75M JPY18.62M JPY——
Interest expense1.96B JPY1.3B JPY688.78M JPY196.16M JPY24.95M JPY
Depreciation and amortization228.06M JPY162.36M JPY83.33M JPY72.07M JPY60.91M JPY
Operating income−11.58B JPY−9.8B JPY−5.5B JPY−11.02B JPY−4.06B JPY
Net income−8.15B JPY−11.95B JPY−2.37B JPY−11.4B JPY−4.06B JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-43.32

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates-8.17-23.78-39.38-54.99Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 12, 2024: actual -51.63, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 12, 2025: actual -9.61, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 9, 2025: actual -46.12, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 8, 2025: actual -27.22, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 14, 2025: actual -14.95, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 10, 2026: actual -11.59, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 15, 2026: actual -12.2, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 7, 2026: actual -43.32, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates2.96B2.02B1.08B142.8MQ1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 12, 2025: actual 647M JPY, estimate 958M JPY, surprise -32.46%, Miss. Q2 2025, reported May 9, 2025: actual 2.75B JPY, estimate 2.51B JPY, surprise +9.68%, Beat. Q3 2025, reported Aug 8, 2025: actual 1.17B JPY, estimate 800M JPY, surprise +45.63%, Beat. Q4 2025, reported Nov 14, 2025: actual 1.03B JPY, estimate 1.14B JPY, surprise -9.43%, Miss. Q1 2026, reported Feb 10, 2026: actual 550M JPY, estimate 1.31B JPY, surprise -57.89%, Miss. Q2 2026, reported May 15, 2026: actual 564M JPY, estimate 2.7B JPY, surprise -79.11%, Miss. Q3 2026, reported Aug 7, 2026: actual 168M JPY, estimate 600M JPY, surprise -72.00%, Miss. Q4 2026, reported Nov 12, 2026: actual —, estimate 700M JPY, surprise —, Comparison unavailable.

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ETFs holding 9348.T

Funds reporting this stock among their holdings, ordered by reported position size.

Procure Space ETF logoProcure Space ETFUFO
Market value
1.43M
Weight
0.24%
AUM
1.12B USD
Expense ratio
0.75%
Price / 1D
$45.92+0.50%
Global X Space Tech ETF logoGlobal X Space Tech ETFORBX
Market value
241.52K
Weight
0.56%
AUM
43.26M USD
Expense ratio
0.50%
Price / 1D
$44.73+1.61%
State Street SPDR S&P International Small Cap ETF logoState Street SPDR S&P International Small Cap ETFGWX
Market value
131.36K
Weight
0.01%
AUM
927.26M USD
Expense ratio
0.40%
Price / 1D
$46.205+0.40%

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