9348
譬ェ蠑丈シ夂、セ�ス会ス難ス撰ス��ス��ス�
株式会社ispace
Transportation Equipments
ispace, inc., a lunar resource development company, engages in designing and building lunar landers and rovers to transport customer payloads to the moon. The company also offers payload services, including video and driving data acquisition, as well as resource harvesting systems; and cameras, communications devices, and cell cultivation devices. In addition, it provides lunar data services, such as imaging, environmental data, telemetry, and resources information to government space agencies, universities, research institutions, and private companies for information, mission planning, and lunar surface development. It operates in Japan, Europe, and the United States and Saudi Arabia. The company was incorporated in 2010 and is based in Tokyo, Japan.
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Overview
Filings & Signals
Ownership
Financials
▾ Collapse Charts
Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
Net Sales
¥4.7B
¥2.4B
¥989M
Cost of Sales
¥2.5B
¥1.4B
¥436M
Gross Profit
¥2.2B
¥928M
¥553M
SG&A
¥12.0B
¥6.4B
¥11.6B
Operating Income
¥-9.8B
¥-5.5B
¥-11.0B
Non-Operating Income
¥407M
¥661M
¥105M
Interest Income
¥96M
¥19M
—
Non-Operating Expenses
¥1.9B
¥1.3B
¥459M
Interest Expense
¥920M
¥368M
¥196M
Ordinary Income
¥-11.3B
¥-6.1B
¥-11.4B
Pre-tax Income
¥-12.0B
¥-2.3B
¥-11.4B
Income Taxes
¥-12M
¥19M
¥20M
Current Tax
¥-12M
¥19M
¥13M
Deferred Tax
—
—
¥7M
Net Income (owners)
¥-11.9B
¥-2.4B
¥-11.4B
Comprehensive Income
¥-10.4B
¥-3.1B
¥-11.4B
EBITDA
¥-9.6B
¥-5.4B
¥-11.0B
EPS
¥-124.32
¥-29.05
¥-211.47
Shares Outstanding
105.7M
93.1M
53.9M
Shares Issued (total)
105.7M
93.1M
53.9M
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
Total Assets
¥27.2B
¥27.0B
¥7.2B
Current Assets
¥19.1B
¥21.8B
¥5.7B
Cash & Deposits
¥13.1B
¥14.3B
¥3.4B
Trade Receivables
¥1.5B
¥19M
¥29M
Non-Current Assets
¥8.1B
¥5.2B
¥1.5B
PP&E
¥4.9B
¥2.5B
¥142M
Intangible Assets
¥89M
¥73M
¥66M
Total Liabilities
¥20.2B
¥17.3B
¥9.5B
Current Liabilities
¥3.9B
¥10.5B
¥4.1B
ST Debt
—
¥6.0B
¥1.4B
Non-Current Liabilities
¥16.3B
¥6.8B
¥5.4B
Total LT Borrowings
¥16.1B
¥6.5B
¥5.4B
Deferred Tax Liab.
—
—
¥21M
Total Equity
¥7.0B
¥9.7B
¥-2.3B
Capital Stock
¥11.5B
¥7.8B
¥93M
Capital Surplus
¥11.4B
¥7.7B
¥8.6B
Retained Earnings
¥-16.9B
¥-5.0B
¥-11.2B
Treasury Stock
¥-0M
¥-0M
—
AOCI
¥816M
¥-731M
¥-25M
Equity (owners)
¥6.1B
¥10.5B
¥-2.5B
Total Interest-Bearing Debt ⓘ
¥16.1B
¥12.5B
¥6.8B
Net Cash ⓘ
¥-3.0B
¥1.8B
¥-3.4B
NCAV ⓘ
¥-1.1B
¥4.5B
¥-3.8B
NCAV/Share
¥-11
¥48
¥-71
BV/Share
¥58
¥112
¥-47
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
Operating CF
¥-12.0B
¥-5.0B
¥-7.3B
Interest Paid
¥-926M
¥-370M
¥-196M
Interest Received
¥96M
¥19M
¥0M
D&A
¥162M
¥83M
¥72M
Investing CF
¥-2.7B
¥-2.1B
¥-90M
CapEx
¥2.4B
¥2.0B
¥55M
Financing CF
¥10.4B
¥20.4B
¥4.4B
Share Buybacks
—
¥-0M
—
LT Debt Repaid
¥-3.0B
¥-677M
¥-284M
Free Cash Flow
¥-14.5B
¥-7.0B
¥-7.4B
Net Change in Cash
¥-3.7B
¥13.5B
¥-3.0B
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
ROE
-142.6%
-24.3%
—
ROA
-44.1%
-13.8%
-158.5%
EPS
¥-124.32
¥-29.05
¥-211.47
BPS
¥65.10
¥104.63
¥-47.28
FCF/Share
¥-137
¥-76
¥-137
NCAV/Share
¥-11
¥48
¥-71
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 26
Date Activist Stake Event Flag Demands Source
2026-04-30
Tohru Akaura
6.3%
-0.68%
change
Passive
—
2026-03-09
Takeshi Hakamada
8.21%
-3.11%
change
Passive
—
2026-03-06
Heights Capital Management, Inc.
7.07%
-1.91%
change
Passive
—
2026-03-04
Heights Capital Management, Inc.
8.98%
change
Passive
—
2026-03-02
Heights Capital Management, Inc.
8.98%
-0.12%
change
Passive
—
2025-10-29
Heights Capital Management, Inc.
9.1%
-2.9%
change
Passive
—
2025-10-28
Tohru Akaura
6.98%
-2.27%
change
Passive
—
2025-10-22
Takeshi Hakamada
11.32%
-1.54%
change
Passive
—
2025-10-21
Tohru Akaura
9.25%
-1.28%
change
Passive
—
2025-05-23
Heights Capital Management, Inc.
12.0%
-2.36%
change
Passive
—
2025-04-02
Heights Capital Management, Inc.
14.36%
+4.14%
change
Passive
—
2025-02-25
Heights Capital Management, Inc.
10.22%
change
Passive
—
2025-02-19
Heights Capital Management, Inc.
10.22%
+2.71%
change
Passive
—
2025-02-05
Heights Capital Management, Inc.
7.51%
+2.24%
change
Passive
—
2024-12-10
Heights Capital Management, Inc.
5.27%
initial_5pct
Passive
—
2024-10-17
Takeshi Hakamada
12.86%
-0.05%
change
Passive
—
2024-05-30
INCJ, Ltd.
4.35%
correction
Passive
—
2024-05-20
INCJ, Ltd.
4.35%
-1.06%
change
Passive
—
2024-04-17
INCJ, Ltd.
6.43%
correction
Passive
—
2024-04-17
INCJ, Ltd.
5.41%
-1.02%
change
Passive
—
2024-04-08
INCJ, Ltd.
6.43%
change
Passive
—
2024-04-02
Takeshi Hakamada
12.91%
correction
Passive
—
2024-04-01
Takeshi Hakamada
12.91%
change
Passive
—
2024-04-01
Tohru Akaura
10.53%
-1.43%
change
Passive
—
2023-10-20
Miwa Konuma
4.3%
change
Passive
—
2023-10-10
Tohru Akaura
11.96%
change
Passive
—
Top 10 Shareholders
Ownership DNA
#
Shareholder
Shares (thou.)
% of Total
1
袴田 武史
9,000,000
8.52%
2
インキュベイトファンド3号投資事業有限責任組合
5,992,580
5.67%
3
株式会社日本政策投資銀行
3,495,880
3.31%
4
赤浦 徹
2,636,603
2.50%
5
IF GROWTH OPPORTUNITY FUND I, L.P. (常任代理人 SMBC日興証券株式会社)
2,135,720
2.02%
6
三井住友信託銀行株式会社 (常任代理人 株式会社日本カストディ銀行)
1,968,500
1.86%
7
BOFAS INC SEGREGATION ACCOUNT (常任代理人 BOFA証券株式会社)
1,923,433
1.82%
8
楽天証券株式会社
1,612,000
1.53%
9
IF SPV1号投資事業組合
1,174,880
1.11%
10
吉田 和哉
896,000
0.85%
Domestic Nominees
1.9%
-0.2% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
0.0%
-3.0% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
27.3%
-8.7% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
袴田 武史
22.26%
12.88%
8.52%
-4.36%
インキュベイトファンド3号投資事業有限責任組合
11.12%
6.43%
5.67%
-0.76%
式会社日本政策投資銀行
6.49%
3.75%
3.31%
-0.44%
赤浦 徹
—
2.83%
2.50%
-0.33%
IF GROWTH OPPORTUNITY FUND I, L.P.
—
2.29%
2.02%
-0.27%
Sumitomo Mitsui Trust Bank
三井住友信託銀行
—
2.11%
1.86%
-0.25%
BOFAS INC SEGREGATION ACCOUNT
NEW ENTRY
—
—
—
1.82%
NEW
楽天証券
NEW ENTRY
—
—
—
1.53%
NEW
IF SPV1号投資事業組合
—
1.26%
1.11%
-0.15%
吉田 和哉
NEW ENTRY
1.86%
—
0.85%
NEW
INCJ
式会社INCJ
last seen 2024
Exited Top 10
11.35%
6.57%
—
BNY Mellon
last seen 2024
Exited Top 10
—
1.54%
—
JP Morgan
last seen 2024
Exited Top 10
—
1.47%
—
IF Growth Opportunity Fund I, L.P.
last seen 2023
Exited Top 10
3.96%
—
—
IF SPV 1号投資事業組合
last seen 2023
Exited Top 10
2.18%
—
—
式会社TBSホールディングス
last seen 2023
Exited Top 10
3.24%
—
—
式会社SMBC信託銀行(特定運用金外信託口 宇宙フロンティア・ファンド)
last seen 2023
Exited Top 10
2.18%
—
—
中村 貴裕
last seen 2023
Exited Top 10
3.71%
—
—
Concentration (HHI)
ⓘ
843
288
137
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved