Overview
Information & Communication

Rebase,Inc.

Rebase Inc. operates 'Instabase,' Japan's leading rental space booking and demand-generation platform that matches users seeking temporary spaces with owners listing available venues, covering over 46,000 locations nationwide across all 47 prefectures. The platform supports a wide range of use cases including meeting rooms, seminar venues, photo studios, fitness spaces, and party rooms, with hosts charged a commission of up to 35% on space rental fees. The company also operates 'TOIRO,' a community event management service enabling end-to-end event creation, payment processing, and attendee engagement.

Market Cap
¥2.03B
US$12.9M
EV
¥1.24B
US$7.90M
Stock¥412▼-2.83%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
20.1
x
LTM EV/EBIT
NM
LTM PER
144.6
x
LTM PBR
1.6
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-87.1%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
2.03BUS$12.9MMarket Cap0.30BUS$1.91M+ Debt1.09BUS$6.93M− Cash0.00BUS$0.00M− Inv. Sec.1.24BUS$7.90MEV
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Performance & Balance
Revenue 5Y (¥B)
1.16US$7.40M'23/31.49US$9.50M'24/31.93US$12.3M'25/32.18US$13.9M'26/3
EBITDA 5Y (¥B)
0.28US$1.79M'23/30.37US$2.35M'24/30.52US$3.35M'25/30.15US$0.93M'26/3
Net Income 5Y (¥B)
0.16US$1.01M'23/30.23US$1.45M'24/30.36US$2.31M'25/30.07US$0.47M'26/3
Capital Structure
81%
19%
EquityD/E 0.24xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
0.79US$5.06M'23/31.12US$7.17M'24/31.54US$9.83M'25/31.19US$7.61M0.10US$0.64M'26/3
Shareholders
Top 10 hold 82.5%
1
elpido Inc. (Note 2)
31.32%
2
Kai SATO
16.58%
3
El Monte Garage Inc. (Note 3)
8.05%
4
Yuji TAKABATAKE
7.31%
5
Riverfield Inc.
4.38%
6
Taisho Sky Building Co., Ltd.
4.04%
7
Custody Bank of Japan, Ltd. (Trust Account)
3.82%
8
Shiyo YOSHIDA
2.66%
9
SBI SECURITIES Co., Ltd.
2.31%
10
Kentoshi AKAGI
2.03%
Management
7 officers
Kai SATO
Representative Director
Jun 2013 Completed studies at De Anza College Feb 2014 Established elpido Inc.; Representative Director (current) Apr 2014 Established the Company; Director Apr 2016 Representative Director Apr 2021 Representative Director; concurrently Head of President's Office Apr 2024 Representative Director; concurrently Product Management Director, Design Director, and People & Culture Director Oct 2024 Representative Director; concurrently Design Director and People & Culture Director Apr 2025 Representative Director; concurrently People & Culture Director Apr 2026 Representative Director (current)
1989-11-27
Yuji TAKABATAKE
Director
Apr 2009 Established Milog Inc.; Director, CTO Oct 2011 Established UGM Partners Inc.; Director, CTO Oct 2011 Joined Bitseller Inc. Apr 2014 Established the Company; Director Oct 2020 Director of the Company; Group Manager, System Group Feb 2021 Established El Monte Garage Inc.; Representative Director (current) Apr 2021 Director of the Company; concurrently Head of CTO Office Apr 2024 Director; concurrently Engineering Director Apr 2025 Director (current)
1986-06-13
Takuma OTSUJI
Director
Apr 2005 Joined Yahoo Japan Corporation (currently LINE Yahoo Corporation) Jul 2016 Joined Cygenia Inc. Jul 2017 Joined the Company Oct 2020 Group Manager, Corporate Group Jul 2021 Director; Manager, Corporate Group Apr 2024 Director; concurrently Corporate Director and Business Director Apr 2026 Director; concurrently Head of Business Promotion Office (current)
1981-04-23
Hisataka HIRAGAIUCHI
Outside Director
Apr 1985 Joined the Ministry of Transport Aug 2000 Director-General, General Affairs Department, Kagoshima Prefectural Police Headquarters Jul 2005 Director, Americas Office, Japan National Tourism Organization Jul 2013 Director, Accounting Division, Minister's Secretariat, Ministry of Land, Infrastructure, Transport and Tourism (MLIT) Jul 2014 Director, Air Network Division, Civil Aviation Bureau, MLIT Jun 2016 Deputy Director-General, Civil Aviation Bureau, MLIT Jul 2017 Director-General for Planning and Promotion, Secretariat for the Tokyo Olympic and Paralympic Games Promotion, Cabinet Secretariat Jul 2018 Deputy Minister for Crisis Management and Transport Safety Policy, MLIT Jul 2019 Director-General, Secretariat for Comprehensive Ocean Policy Promotion, Cabinet Office Nov 2020 Advisor, Mitsui Sumitomo Insurance Company, Limited Sep 2021 Member, Customer Safety Management Investigation Committee, Fujikyu Highland Co., Ltd. Oct 2021 President, The Japan Maritime Center (Public Interest Foundation) (current) Jun 2022 Outside Director of the Company (current) May 2026 Director, Japan Industrial Arts Foundation (General Incorporated Foundation) (current)
1962-05-02
Eiji WATANABE
Full-time Outside Corporate Auditor
Apr 1991 Joined SRL Inc. Aug 2006 Joined Dip Corporation Jan 2008 Joined Recruit Agent Inc. (currently Recruit Co., Ltd.) Sep 2008 Joined Dip Corporation Mar 2009 General Manager, Corporate Planning Office, Dip Corporation Mar 2011 Executive Officer; General Manager, President's Office, Dip Corporation Mar 2012 Executive Officer; General Manager, President's Office; concurrently Deputy General Manager, Administration Division Mar 2013 Executive Officer; General Manager, Administration Division Mar 2014 Executive Officer; General Manager, Management Division May 2014 Director and Executive Officer; General Manager, Management Division Jan 2019 Joined DIP America, Inc. as Treasurer and Secretary Nov 2019 Joined Enaris, Inc.; General Manager, Finance and Accounting Department Mar 2020 Deputy General Manager, Management Division, Enaris, Inc. Aug 2020 Deputy General Manager, Management Division; concurrently General Manager, Business Promotion Department Jun 2021 Full-time Outside Corporate Auditor of the Company (current) Nov 2023 Outside Director (Audit and Supervisory Committee Member), Pillbox Japan Inc. (current) Feb 2024 Outside Director, Insight Technology Inc. (current) Dec 2025 Outside Director, Kaburaya Group Inc. (current)
1970-03-07
Toru IWADATE
Outside Corporate Auditor
Apr 2002 Joined UFJ Trust Bank Limited (currently Mitsubishi UFJ Trust and Banking Corporation) Sep 2005 Joined Hikaku.com Inc. (currently Temairazu Inc.) Apr 2008 Joined Yahoo Japan Corporation (currently LINE Yahoo Corporation) Jan 2015 Joined YJ Capital Inc. (currently Z Venture Capital Corporation) Apr 2015 General Manager, Administration Division, Carview Inc. Jun 2015 Director and CFO, Carview Inc. Jan 2016 Outside Corporate Auditor, Safari Inc. Jan 2017 Outside Director, Fabrica Communications Inc. (currently Fabrica Holdings Inc.) Aug 2018 Representative Director, KENKEY Inc. Apr 2020 President and Representative Director, KENKEY Inc. Jun 2021 Corporate Auditor of the Company (current) Jun 2021 Director, Fabrica Communications Inc. (currently Fabrica Holdings Inc.) Feb 2022 Director, LINE Securities Corporation Dec 2022 Outside Director, iimon Inc. Jun 2023 Director, Sparkle AI Inc. Feb 2024 Director, Media4u Inc. Apr 2024 Director and CFO, Fabrica Holdings Inc. (current) Apr 2024 Director, CFO, and General Manager, Corporate Division, Fabrica Communications Inc. (current) Apr 2024 President and Representative Director, Media4u Inc. (current)
1980-03-04
Yoshinobu KOYAMA
Outside Corporate Auditor
Oct 2006 Joined Nagashima Ohno & Tsunematsu May 2012 Worked at Debevoise & Plimpton LLP (New York) Jan 2017 Partner, Nagashima Ohno & Tsunematsu (current) Apr 2022 Part-time Lecturer, Faculty of Law, The University of Tokyo Jun 2022 Corporate Auditor of the Company (current)
1981-07-10
Large Shareholding Reports
Sumitomo Mitsui DS Asset Management Company, Limited
2026-03-05
6.26%→4.20%
SBI Securities Co., Ltd.
2026-02-19
6.95%→1.14%
Annual report (as of 2026-03-31): 2.31%
SBI Securities Co., Ltd.
2026-01-21
5.73%→6.95%
Annual report (as of 2026-03-31): 2.31%
SBI Securities Co., Ltd.
2026-01-08
5.73%
Annual report (as of 2026-03-31): 2.31%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-13
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-22
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-03-05
Large Shareholding Report
EDINET
2026-02-19
Large Shareholding Report
TDnet
2026-02-13
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2026-01-21
Large Shareholding Report
EDINET
2026-01-08
Large Shareholding Report
EDINET
2025-11-14
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-08-13
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-23
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-13
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-14
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-13
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-26
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-14
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-14
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-14
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-28
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-13
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
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