BeMap, Inc.
4316・Growth Market・Information & Communication
Mobility Innovation Business
Transportation-related business providing system development and services for railways and other social infrastructure
| Period | Current | Previous | Change |
|---|---|---|---|
| Sales (Full-year FY2025 (ended March 2025), Segment) | ¥100 million | ― | — |
| Segment Loss (Full-year FY2025 (ended March 2025)) | -¥30 million | ― | — |
| Segment Assets (Full-year FY2025 (ended March 2025)) | ¥36 million | ― | — |
| Order Backlog (Full-year FY2025 (ended March 2025)) | ¥46 million | ― | — |
| Orders Received (Full-year FY2025 (ended March 2025)) | ¥121 million | ― | — |
Business Details
A business segment providing system development and services to social infrastructure providers, primarily railway operators. Key services include the transportation IC card-based expense settlement cloud service "transit manager," the digital ticketing service "TadaChike" for commercial facilities and local governments, and App Development for Private Railways. Note that from the first quarter of FY2026 (ending March 2026), this business was integrated into a single reporting segment, and individual segment-level financial figures are not disclosed for the current period.
Recent Overview
Segment consolidated into a single reporting segment from FY2026; ¥36 million inventory valuation loss recorded as extraordinary loss
From the first quarter of FY2026 (ending March 2025), all businesses, including the Mobility Innovation Business, were integrated into a single reporting segment, and segment-level performance disclosure has been discontinued for the current period, making individual monitoring difficult. Additionally, at the end of FY2026 (ending March 2026), based on the minimal sales performance of inventory such as information and communication equipment purchased between April and June 2025, the company recorded an inventory valuation loss of ¥36 million (¥36,237 thousand) as an extraordinary loss ahead of schedule, following advice from its accounting auditor. As a result, consolidated net loss for the period expanded to ¥151 million (post-correction), net assets declined to ¥502 million, and the equity ratio fell to 39.9%.
Key Products
Growth Drivers
- Recovery in business investment trends among railway operators (moving past the pandemic)
- Advancing commercialization and monetization of the "TadaChike" digital ticketing service
- Strengthening sales of transit manager and building up related system development orders
- New business development in line with the latest technology and service trends such as MaaS
- Advance recognition of inventory valuation losses is expected to reduce cost burden from FY2027 (ending March 2027) onward (upward revision of FY2027 (ending March 2027) earnings forecast: operating profit revised from ¥50 million to ¥70 million, net income revised from ¥30 million to ¥40 million)
Risks
- Difficulty in monitoring segment-level performance due to integration into a single reporting segment from Q1 FY2026 (ending March 2026)
- Continued cautious investment stance among railway operators making it difficult to win large-scale orders
- Commercialization and monetization of new business models (such as TadaChike) still in progress, with uncertain outcomes
- Sales performance of inventory is minimal relative to purchase amounts, exposing inventory obsolescence risk (valuation loss already recorded this period)
- Material uncertainty regarding going concern assumption recognized at the group-wide level, indicating a fragile financial base
Last updated: June 25, 2026