Spacemarket Inc. (4487) Stock Price

Market cap
¥3.6B
P/E ratio
15.5x
Space Market operates an online platform that connects people who need spaces with property owners, offering everything from meeting rooms to castles for rent.

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Business Overview

Space Market operates "Space Market," a platform that enables the rental and leasing of spaces. Through the internet and smartphones, anyone can easily rent or lease spaces on this platform. The types of spaces available are diverse, including meeting rooms, seminar venues, restaurants, cafes, sports facilities, residential properties, movie theaters, abandoned schools, temples, and castles.

Space Market also provides "Spacepad," a public facility reservation management system. Additionally, the company offers space management outsourcing services, handling reservation inquiries, cleaning, and restocking supplies on behalf of space owners. This allows owners to reduce the operational burden of managing their spaces.

Space Market's vision is to "create challenges and make the world more interesting." In Japan, where the population is aging and declining, the company aims to make effective use of vacant properties and abandoned schools, creating new value. Against the backdrop of widespread internet and smartphone adoption, Space Market supports people's challenges through space rental and leasing.

Space Market's services are characterized by ease of use and safety. Host registration and space listing are simple, and guests can search and book spaces based on diverse criteria. Escrow services and mutual rating systems ensure transaction safety and reliability. This allows users to use the service with confidence.

Management Policy

Space Market operates under the vision of "creating challenges and making the world more interesting," with a mission to promote space sharing. The company runs the "Space Market" platform, which enables the rental and leasing of spaces, offering diverse venues including meeting rooms, seminar halls, and cafes.

The company's growth strategy prioritizes increasing total company transaction volume, with a particular focus on expanding GMV (gross merchandise value). This approach aims to make space sharing commonplace and enhance corporate value. Additionally, the company drives growth in its existing marketplace services and strengthens its approach to hosts, thereby increasing competitiveness.

Space Market provides "Spacepad," a public facility reservation management system that supports digital transformation for municipalities. To address labor shortages caused by depopulation and aging populations, the system streamlines processes from reservation to payment, reducing the burden on both users and staff.

Against the backdrop of sharing economy growth, Space Market aims to promote space sharing adoption. Through collaboration with diverse business partners, the company works to enhance and expand the value of space sharing, delivering new value to society. In doing so, it seeks to continue leading the space sharing market.

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