9338.T

Core Business Model

• INFORICH operates a network-based smartphone charging infrastructure business centered on its mobile battery sharing service CHARGESPOT, where users can borrow batteries at one location and return them at another location. Convenience increases as the number of installation locations grows, creating network effects that benefit the business.
• Domestic CHARGESPOT holds an 84.7% domestic market share for battery stand installations, making it the clear domestic market leader.

Operational Expansion Status

• As of September 2025, total global installation volume reached 83,770 units, with 57,221 units installed in Japan. CHARGESPOT has expanded internationally to Taiwan, Hong Kong, China, Singapore, Thailand, Macao, Australia, Italy and other markets, building global network effects incrementally.
• The company classifies its operating regions by maturity phase: Hong Kong is classified as mature, Japan and Taiwan are classified as growth phase, and Australia and Italy are classified as introduction phase.
• The company is currently in a phase where profits generated domestically are allocated to upfront investment for overseas expansion.

Domestic Growth Strategies

• In addition to expanding installation volume, increasing utilization (rental count per stand) is a key driver of future growth, as revenue and profit cannot expand without growth in usage per unit.
• In 2025, the company ran a "free under 30 minutes" promotion for new users, and the adoption and usage trends of the company's fixed-price subscription plan CHARGESPOT Pass are a key focus for growth.

No formal full-year or future period financial guidance is provided in the available transcript. The only forward-looking focus is that increasing installation density and operational utilization in introduction-phase overseas markets is identified as the core focus for future performance, and improving domestic utilization rate via subscription plan adoption is highlighted as a key driver of future growth.

INFORICH reports performance across 3 business segments: 1. Domestic CHARGESPOT: Contributed 72.2% of total external revenue for the 2025 December period cumulative third quarter, generated positive segment profit, and serves as the core profit base of the company. 2. Overseas CHARGESPOT: Contributed 23.6% of total external revenue for the 2025 December period cumulative third quarter, recorded a negative segment profit. 3. Platform: Includes subsidiary-operated businesses such as baby care rooms and mobile Wi-Fi rental, contributed 4.3% of total external revenue for the 2025 December period cumulative third quarter, recorded a negative segment profit. Overall absolute monetary figures for segment revenue and profit are not disclosed in the provided transcript.

• Capital expenditure requirement: The nature of the business requires continuous capital investment in terminals, batteries and other physical assets. If actual utilization falls below management projections, the fixed cost burden will compress corporate profits.
• Foreign exchange risk: As the company expands its international operations, it is exposed to the risk of incurring foreign exchange losses from cross-border currency movements.

No question and answer section is included in the provided transcript.