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Rebase (5138) investor relations material
Rebase Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Revenue grew 20% year-over-year to ¥494 million in Q1 FY2026, driven by increased usage volume and demand in the space-sharing sector.
Operating profit declined 34% year-over-year to ¥61 million due to higher development and relocation costs.
Net income fell 31% year-over-year to ¥42 million.
The company operates a single segment focused on a matching platform for space sharing.
Financial highlights
Revenue: ¥494 million (+20% YoY); Operating profit: ¥61 million (−34% YoY); Net income: ¥42 million (−31% YoY).
Gross profit for Q1 FY2026 was ¥477 million, with a gross margin of 96.5%.
Operating margin dropped to 12% from 23% a year ago.
SG&A expenses rose 37% YoY, with notable increases in personnel, outsourcing, and advertising costs.
EPS for Q1 FY2026 was ¥8.70, down from ¥13.38 in the prior year.
Outlook and guidance
Q1 revenue achieved 21% of full-year guidance; usage and space listing progress rates are 22–25%.
Full-year FY2026 guidance: revenue ¥2,313 million (+20.0% YoY), operating income ¥490 million (+0.6% YoY), net income ¥339 million (−6.5% YoY), EPS ¥69.10.
The company continues to invest in product development and marketing to drive future growth.
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