SpiderPlus Narrows Losses on Strong Recurring Revenue, Projects Return to Profit in 2026

The latest announcement is out from SpiderPlus & Co. ( (JP:4192) ).

SpiderPlus & Co. reported consolidated net sales of ¥4.9 billion for the year ended December 31, 2025, up 20.2% year on year, while trimming its net loss attributable to owners of the parent to ¥17 million from ¥771 million. The company maintained a solid equity ratio of 64.0%, saw cash and cash equivalents fall to ¥2.48 billion amid reduced financing inflows, and kept its dividend at zero, signaling a continued emphasis on reinvestment over shareholder payouts.

Non-consolidated results were buoyed by growth in annual recurring revenue, driven by an increase in new SPIDERPLUS users and higher revenue per contracted company through additional optional features. Management cited strategic investments and disciplined cost control as key drivers behind the swing from operating and ordinary losses in the prior year toward near break-even, and it forecast further top-line expansion in 2026 with net sales projected to rise about 20% to ¥5.9 billion and a return to positive operating income.

The most recent analyst rating on (JP:4192) stock is a Hold with a Yen315.00 price target. To see the full list of analyst forecasts on SpiderPlus & Co. stock, see the JP:4192 Stock Forecast page.

More about SpiderPlus & Co.

SpiderPlus & Co., listed on the Tokyo Stock Exchange, operates in the construction technology and software sector, providing its SPIDERPLUS digital solutions to streamline on-site operations. The company focuses on growing recurring revenue from contracted corporate users by expanding its user base and upselling optional features to existing clients.

Average Trading Volume: 209,273

Technical Sentiment Signal: Sell

Current Market Cap: Yen11.18B

Learn more about 4192 stock on TipRanks’ Stock Analysis page.