Spiderplus Reports First Quarter Revenue Growth Amid Construction Industry Challenges

SpiderPlus & Co. [4192.T]

TOKYO, May 14 (Pulse News Wire) – SpiderPlus & Co. (4192.T) reported a revenue increase of 20.5% for the quarter ending March 31, 2026, compared to the same period last year.

Despite challenges such as labor shortages and rising construction material costs, the company's SPIDER+ solution saw its contract count rise to 2,287 companies, up from the previous year, and average monthly pricing per customer increased to ¥183,000. The company’s operating profit was ¥5.1 million, marking a significant improvement from a loss of ¥10.1 million in the corresponding quarter last year. Additionally, ordinary income turned positive at ¥5.4 million, reversing the prior year's loss of ¥11.6 million. Net income attributable to parent shareholders also improved to ¥1.7 million from a loss of ¥14.3 million in the same quarter last year. In terms of asset management, total assets decreased slightly to ¥4.044 billion due to payments made towards taxes and debt repayments.

However, equity rose to ¥2.668 billion, primarily driven by the recording of quarterly net profits. The company maintained a strong capital structure with a shareholder equity ratio of ¥66 million%. Looking ahead, SpiderPlus & Co. expects continued growth, projecting full-year sales to reach ¥6.1 million, a 20.5% increase from the previous fiscal year. The company remains focused on expanding its market share through product enhancements, organizational improvements, and strategic partnerships within the construction industry.

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