Axelspace Holdings Corporation(402A) Financial Results

Current Period Guidance

Annual

Result

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
May, 2022 ＊	411	ー	-1,093	-1,677	-55.3	0	ー	J-GAAP
May, 2023 ＊	1,313	-1,735	-1,330	-1,342	-43.8	0	ー	J-GAAP
May, 2024 ＊	2,110	-2,538	-2,509	-3,174	-85.7	0	ー	J-GAAP
May, 2025 ＊	1,586	-2,495	-1,824	-1,950	-45.0	0	ー	J-GAAP
May, 2026 Guidance	3,646	-3,999	-3,876	-3,879	-58.4	0	Aug 13, 2025	J-GAAP
YoY	+129.9%	-60.3%	-112.5%	-98.9%	-30.0%

Guidance History

Revision Direction	Revision Date	Revenue	Operating Profit	Ordinary Profit	Net Profit	Revised Dividend	Accounting Standards

Growth Rate

Fiscal Year	Revenue	YoY	Operating Profit	YoY	Ordinary Profit	YoY	Adj. EPS	YoY
May, 2020	46	－	Available in future release
May, 2021	181	+293.5
May, 2022	411	+127.1
May, 2023	1,313	+219.5
May, 2024	2,110	+60.7
May, 2025	1,586	-24.8
May, 2026 Guidance	3,646	+129.9	-3,999	-60.3	-3,876	-112.5	-58.4	-29.8

Profitability

Fiscal Year	Revenue	Operating Profit	Operating Profit Margin	ROE	ROA	Total Asset Turnover Ratio	Adj. EPS
May, 2024 ＊	2,110	-2,538	-120	-92.19	-62.08	0.41	-85.7
May, 2025 ＊	1,586	-2,495	-157	-48.74	-23.11	0.19	-45.0
May, 2026 Guidance	3,646	-3,999	-110	-44.43	-23.67	0.22	-58.4

All-Time High

	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS
Record	2,110	-1,735	7	5	0.2
Fiscal Year	May, 2024	May, 2023	May, 2020	May, 2020	May, 2020

First Half

Result

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jun - Nov, 2024	921	-1,119	-359	-385	-8.9	0	ー	J-GAAP
Jun - Nov, 2025 Guidance	ー	ー	ー	ー	－	0	Aug 13, 2025	J-GAAP
YoY	－	－	－	－	－

Guidance History

Revision Direction	Revision Date	Revenue	Operating Profit	Ordinary Profit	Net Profit	Revised Dividend	Accounting Standards

Cash Flow

Annual

Fiscal Year	Operating Profit	Fee Cash Flow	Operating Cash Flow	Investing Cash Flow	Financial Cash Flow	Cash & Equivalents	Cash Ratio	Accounting Standards
May, 2023	-1,735	-1,269	-1,229	-40	926	1,354	47.14	J-GAAP
May, 2024	-2,538	-3,559	-2,579	-980	6,434	4,242	57.69	J-GAAP
May, 2025	-2,495	-4,517	-4,329	-188	4,391	4,106	43.12	J-GAAP

Actual Performance and Financial Trends

Accumulated Results 1st Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Jun - Aug, 2025	308	-1,063	-1,190	-1,422	-30.0	ー	Oct 15, 2025	J-GAAP
YoY	－	－	－	－	－

Quarterly Results

Result

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jun - Aug, 2025	308	-1,063	-1,190	-1,422	-30.0	-345.1	Oct 15, 2025	J-GAAP
YoY	－	－	－	－	－

Growth Rate

Fiscal Year	Revenue	YoY	Operating Profit	YoY	Ordinary Profit	YoY	Adj. EPS	YoY
Jun - Aug, 2025	308	－	Available in future release

All-Time High Quarterly Results

	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS
Record	308	-1,063	-1,190	-1,422	-30.0
Fiscal Year	Aug, 2025	Aug, 2025	Aug, 2025	Aug, 2025	Aug, 2025

Key Balance Sheet Figures

Fiscal Year	BPS	Equity Ratio	Total Asset	Equity	Retained Earnings	Interest-Bearing Debt Ratio	Announce	Accounting Standards
May, 2023	-37,536.00	66.5	2,872	1,910	ー	ー	ー	J-GAAP
May, 2024	-42,672.00	67.7	7,353	4,976	ー	ー	ー	J-GAAP
May, 2025	69.73	31.8	9,523	3,025	-11,265	1.76	Aug 13, 2025	J-GAAP
Jun - Aug, 2025	ー	53.3	16,386	8,730	-12,687	0.62	Oct 15, 2025	J-GAAP