SPACE CO.,LTD.JP:9622Stock Price

Market cap
¥40.8B
P/E ratio
11.4x
SPACE JAPAN and its group companies specialize in designing, building, and consulting for commercial facilities like shopping centers, restaurants, and specialty stores across Japan, China, and Hong Kong.

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Business Overview

This corporate group consists of five companies, including SPACE JAPAN CO.,LTD., M.S.C. Corporation, SPACE SHANGHAI CO.,LTD., and Okinawa Space Corporation. The group primarily plans, designs, supervises, and constructs commercial facilities such as shopping centers, department stores, specialty stores, and restaurants.

The business operates as a single segment focused on display services, encompassing interior and exterior construction, event and exhibition construction, building construction, maintenance work, and consulting, planning, design, and interior supervision services. Through these offerings, the group addresses the diverse needs of commercial facilities.

In market sectors, the group provides services to mixed-use commercial facilities, general supermarkets, food supermarkets, convenience stores, various specialty stores, restaurants, and service industries including healthcare, finance, education, and entertainment. This enables the group to serve a wide range of industries.

SPACE JAPAN CO.,LTD. handles planning, design, supervision, and construction of commercial facilities in Hong Kong, with the group receiving orders for design and supervision work. SPACE SHANGHAI CO.,LTD. conducts planning, design, supervision, and construction of commercial facilities in Shanghai, with the group receiving orders for design and supervision services related to these projects.

M.S.C. Corporation is a consulting firm that conducts planning, research, and leasing services for domestic commercial facilities, and the group collaborates with it on commercial facility development. Okinawa Space Corporation provides planning, consulting, research, leasing, design, supervision, and construction services for commercial facilities in Okinawa Prefecture.

Management Policy

SPACE JAPAN CO., LTD. operates under the corporate mission of "contributing to the realization of a prosperous society through the creation of commercial spaces." The company is committed to adapting flexibly to changing market conditions and pursuing increased sales and profitability. Through these efforts, it aims to consistently meet the expectations of its stakeholders.

The company has established a medium-term management plan with fiscal year 2025 as the final target year, aiming for sustainable growth and enhanced corporate value. Specific targets include an operating profit margin of 5%, sales growth rate of 5%, ROA of 7%, and a dividend payout ratio of 50% or higher. Achieving these metrics will strengthen the company's competitive position.

The company's medium to long-term management strategy focuses on sustainable business practices against a backdrop of stable order intake. With an eye toward the next medium-term management plan titled "Expansion and Growth," the company is building a foundation for expansion. Additionally, it is advancing corporate value through securing diverse talent and investing in employee development and training.

SPACE JAPAN CO., LTD. operates a display business that provides planning, design, supervision, and construction services for commercial facilities. This enables the company to address the diverse needs of shopping centers, department stores, specialty retailers, restaurants, and other establishments. Through domestic and international business operations, it delivers services across a wide range of industries.