Employees: 333
Size ispace,inc (9348.T) is a Japan Industrials company (Aerospace & Defense) with a market value of $311M, the 1339th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥335 on 6 Nov 2026.
Performance Over six months the shares fell 28.4%, against -22.6% for the median peer and +1.8% for the Japan market (cap-weighted) — 9th lowest of 20 in its peer set.
Growth Revenue fell 56.2% over the last twelve months (peer median +8.9%); the operating margin is -681.1% (peer median 6.0%).
Valuation It trades at 5.66× book value against a peer median of 2.98× (3rd most expensive of 21).
Price implies The share price implies a return on equity of about 68.4%; ispace,inc delivers -186.7%, so the price asks more than the business earns today.
Next results Next results expected around 13 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥2.31B | ¥3.31B | ¥4.74B | ¥2.36B | ¥989M |
| Revenue growth | — | -30% | +101% | +138% | — |
| Gross profit | -¥7.71B | -¥2.85B | ¥2.24B | ¥928M | ¥553M |
| EBITDA | -¥15.5B | -¥11.4B | -¥9.63B | -¥5.42B | -¥11.0B |
| Net income | -¥11.6B | -¥8.15B | -¥11.9B | -¥2.37B | -¥11.4B |
| Free cash flow | n/a | -¥15.6B | -¥14.5B | -¥7.05B | -¥7.38B |
| Capital expenditure | n/a | ¥2.07B | ¥2.53B | ¥2.06B | ¥84.6M |
| Total debt | ¥29.8B | ¥29.7B | ¥16.4B | ¥12.9B | ¥6.78B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 9348.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -16.2% | -10.3% | 10th lowest of 21 |
| 6-month return | -28.4% | -22.6% | 9th lowest of 20 |
| Return on equity | -186.7% | 1.4% | lowest of 21 |
| Price / book | 5.66× | 2.98× | 3rd most expensive of 21 |
| ROE the price implies | 68.4% | 22.8% | 3rd most demanding of 21 |
| ROE delivered | -186.7% | 1.9% | lowest of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| ispace,inc 9348.T | Japan | $311M | -28% | -56% | -187% | 5.66× | 68.4% | -186.7% |
| Chengdu Tianjian Technology 002977.SZ | China | $306M | -37% | -357% | -21% | 2.40× | 17.3% | -20.6% |
| New Power Plasma 144960.KS | South Korea | $326M | +62% | +22% | 12% | 1.39× | 9.2% | 11.9% |
| Chenfull Precision 6829.TWO | Taiwan | $293M | -40% | +34% | 17% | 5.08× | 37.9% | 17.0% |
| Beijing Hengyu Datacom Aviation Equipment 300965.SZ | China | $338M | -33% | -11% | 0% | 1.88× | 18.6% | 0.2% |
| Sichuan Tianwei Electronic 688511.SS | China | $342M | -20% | -56% | -1% | 2.80× | 25.8% | -0.8% |
| Integrity Technology 688244.SS | China | $344M | -23% | -28% | -6% | 2.50× | 30.7% | -6.4% |
| Innovative Solutions and Support IA | United States | $348M | n/a | +20% | 28% | 4.51× | 25.8% | 28.5% |
| MS International MSI.L | United Kingdom | $350M | -8% | -2% | 17% | 3.81× | 17.5% | 17.0% |
| Ideaforge Technology IDEAFORGE.NS | India | $353M | -15% | +221% | -3% | 4.84× | 85.1% | n/a |
| Chengdu Jouav Automation Tech 688070.SS | China | $399M | -34% | +5% | 2% | 4.41× | 40.5% | 2.0% |
| Beijing Andawell Science & Technology 300719.SZ | China | $400M | -32% | -3% | -2% | 2.66× | 19.0% | -1.8% |
| Beijing Emerging Eastern Aviation Equipment 002933.SZ | China | $420M | -20% | -6% | 2% | 1.84× | 13.0% | 1.7% |
| Virgin Galactic SPCE | United States | $420M | -6% | -39% | -75% | 0.99× | 19.7% | -75.1% |
| Chengdu Lihang Technology 603261.SS | China | $458M | +19% | +35% | -36% | 6.58× | 44.5% | -36.5% |
| TAT Technologies TATT | United States | $481M | +2% | +14% | 13% | 2.44× | 19.8% | 13.0% |
| Tokyo Keiki 7721.T | Japan | $494M | -37% | +5% | 10% | 1.72× | 19.1% | 9.9% |
| Nippon Avionics 6946.T | Japan | $505M | -26% | +45% | 32% | 3.81× | 35.2% | 32.1% |
| Figeac Aero FGA.PA | France | $506M | -3% | +13% | 1% | 5.26× | 34.3% | 1.1% |
| Park Aerospace PKE | United States | $515M | -30% | +28% | 11% | 3.17× | 16.1% | 11.1% |
| Satellogic SATL | United States | $535M | -54% | +369% | -128% | 15.79× | 150.0% | n/a |