SPACE SHOWER SKIYAKI HOLDINGS INC.
4838・Standard Market・Information & Communication
Content
A content business segment centered on music events, live houses, and entertainment cafes, among others
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales (external customers, full year) | ¥11,300 million | ¥10,027 million | ↑ |
| Segment profit (operating income, full year) | ¥1,298 million | ¥758 million | ↑ |
| Segment EBITDA (full year) | ¥1,593 million | ¥1,008 million | ↑ |
| Depreciation and amortization (full year) | ¥295 million | ¥250 million | ↑ |
| Increase in property, plant and equipment and intangible assets (full year) | ¥45 million | ¥371 million | ↓ |
| Live revenue (full year) | ¥3,064 million | ¥2,603 million | ↑ |
| Artist revenue (full year) | ¥2,259 million | ¥1,323 million | ↑ |
| Media revenue (full year) | ¥2,310 million | ¥2,787 million | ↓ |
| Entertainment cafe revenue (full year) | ¥3,667 million | ¥3,313 million | ↑ |
Business Details
Primarily handled by SPACE SHOWER NETWORKS INC. and Infinia Inc. The segment operates the event business (organizing events such as "SWEET LOVE SHOWER" and "POP YOURS"), the live house business (operating "WWW" and "WWW X"), the artist management business, the label/agency business, the pay broadcasting business ("SPACE SHOWER TV"), the on-demand business, and the entertainment cafe business ("@Home Cafe"). The segment provides real-experience value centered on music Content.
Recent Overview
Sold-out large-scale festivals, expansion of artist business, and new cafe openings drove significant revenue and profit growth
In the Content segment for FY2026 (ending March 2026), net sales were ¥11,300 million (up 12.7% year on year), segment profit was ¥1,298 million (up 71.3% year on year), and segment EBITDA was ¥1,593 million (up 58.1% year on year), achieving substantial increases in both revenue and profit. The main factors were the sold-out performances of both "POP YOURS" and "SPACE SHOWER SWEET LOVE SHOWER," expanded performance revenue following the resumption of activities by Suchmos, and the simultaneous opening of two @Home Cafe Nagoya Osu Main Store locations (annual visitors of 880 thousand, up 14.9% year on year). On the other hand, Media revenue declined year on year.
Key Products
Growth Drivers
- Increased revenue from sold-out ticket sales and expanded attendance at large-scale festivals (SWEET LOVE SHOWER and POP YOURS)
- Expansion of artist management and label revenue driven by increased performance activity of affiliated artists (Suchmos resuming activities, STUTS, Humbert Humbert, etc.)
- New store openings for the entertainment cafe "@Home Cafe" (Nagoya Osu Main Store) and increased visitor numbers (880 thousand annually, up 14.9% year on year)
- Continued high occupancy rates at the live houses "WWW / WWW X"
- Co-hosting of large-scale events through the production business of SPACE SHOWER ENTERTAINMENT PRODUCING INC. (approximately 20,000 attendees at GFEST2025. and approximately 50,000 at FUKUOKA MUSIC FES.2026)
Risks
- Weather and natural disaster risk for large-scale outdoor festivals (in the past, ticket refunds were issued due to Typhoon No. 10)
- Cost increase pressure from rising production costs and labor costs amid inflation
- Risk of fluctuation in ticket sales and attendance demand due to intensifying consumer selectivity in spending
- Risk of viewer shift to digital and subscriber decline in the pay broadcasting business (SPACE SHOWER TV), with Media revenue having declined year on year
- Revenue volatility risk dependent on the activity status and popularity of affiliated artists
Last updated: June 23, 2026