INFORICH INC.
9338・Growth Market・Services
CHARGESPOT (Domestic)
Domestic mobile battery sharing business. A stable, highly profitable segment that serves as the core of group revenue.
| Period | Current | Previous | Change |
|---|---|---|---|
| Segment Revenue (Q1 FY2026 (ending December 2026)) | ¥2,821 million | ¥2,114 million (Q1 FY2025 (ending December 2025)) | ↑ |
| Segment Operating Income (before allocation of company-wide common costs) (Q1 FY2026 (ending December 2026)) | ¥585 million | ¥446 million (Q1 FY2025 (ending December 2025)) | ↑ |
| Operating Margin (before allocation of company-wide common costs) (Q1 FY2026 (ending December 2026)) | 20.7% | 21.1% (Q1 FY2025 (ending December 2025)) | — |
| Number of Battery Stands Installed (Domestic) | 60,548 units | 59,784 units (end of FY2025 (ended December 2025)) | ↑ |
| Monthly Active Users (quarterly average) | 1,228 thousand | +30.9% year-on-year | ↑ |
| Monthly Rentals (quarterly average) | 2.29 million times | +36.2% year-on-year | ↑ |
Business Details
Operates a domestic mobile battery sharing service under the "CHARGESPOT" brand. Installed across a wide range of business types including convenience stores, train stations, commercial facilities, airports, and stadiums, with the concept of "borrow anywhere, return anywhere." The revenue structure is built on the accumulation of small charges from users, resulting in low dependency risk on specific customers, and the network effect from increased installation density continues to expand user numbers and rental counts.
Recent Overview
Aggressive installation continued in Q1, with both user numbers and rental counts increasing by over 30% year-on-year.
In the first quarter of FY2026 (ending December 2026) (January to March 2026), the number of installed units increased by 764 from the end of the previous quarter to 60,548 units. Monthly active users (quarterly average) increased 30.9% year-on-year to 1,228 thousand, and monthly rentals (quarterly average) increased significantly by 36.2% year-on-year to 2.29 million times. Segment revenue was ¥2,821 million (up 33.4% year-on-year), and segment operating income before allocation of company-wide common costs was ¥585 million (up 31.0% year-on-year).
Key Products
Growth Drivers
- Aggressive expansion of battery stand installations (+764 units from the end of FY2025 (ended December 2025), to 60,548 units)
- Continued increase in monthly active users and monthly rentals (up 30.9% and 36.2% year-on-year, respectively)
- Expansion of usage opportunities for inbound visitors and non-app users through the introduction of a credit card tap payment model
- Increased charging demand from users with degraded batteries due to the lengthening of smartphone replacement cycles (average of 4 years and 7 months)
- Increased rental utilization rate due to higher installation density (network effect)
- Growing demand for advertising space from companies against the backdrop of over 60,000 domestic installations (synergy with the platform business)
- LTV expansion through initiatives targeting younger demographics, such as campus discounts and under-22 discounts
Risks
- Risk of market share decline due to entry of competitors and expansion of their installed base
- Risk of decreased rentals due to reduced foot traffic from epidemics, disasters, severe weather, etc.
- Risk of declining demand due to rapid improvements in built-in smartphone battery technology
- Risks related to the safety of battery stands and mobile batteries (fires, recalls, etc.)
- Risk of contract termination with installation partners or loss of installation locations
- Risk of operational disruptions in tasks such as resolving battery distribution imbalances
Last updated: March 16, 2026