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Tokyo Stock Exchange · Real Estate

Invest in Space Market stock from India

Indian and foreign residents can buy Space Market (4487) shares directly through Paasa.

By Paasa · Updated

Space Market at a glance

Price
¥219.00-¥3.00 (1.35%)
Market cap
¥2.65B
Day range
¥216.00 – ¥245.00
P/E
14.10
Dividend yield
None
Volume
57.20K
1 month
-4.37%
6 months
-25.26%
YTD
-25.00%
1 year
-37.43%
5 years
-79.20%

Live chart and statistics

Space Market statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue¥2.6B¥2.0B¥1.6B¥1.2B¥1.2B
Gross profit¥2.0B¥1.5B¥1.2B¥907.6M¥887.1M
Operating income¥247.0M¥176.9M¥101.7M−¥114.1M¥59.6M
Net income¥214.0M¥181.6M−¥168.4M−¥114.9M¥38.6M
Earnings per share¥17.71¥15.12−¥14.08−¥9.66¥3.27
EBITDA¥356.0M¥248.3M−¥133.4M−¥56.8M¥97.6M
Total assets¥3.7B¥2.5B¥2.0B¥1.7B¥1.7B
Total debt¥813.2M¥231.7M¥178.9M¥191.9M¥79.5M
Cash and short-term investments¥1.2B¥911.3M¥558.1M¥445.0M¥571.5M
Shareholders' equity¥1.0B¥762.7M¥551.9M¥698.3M¥800.7M
Operating cash flow¥15.3M¥381.6M¥215.1M−¥159.2M¥85.9M
Free cash flow−¥29.4M¥359.0M¥174.5M−¥202.4M−¥33.1M
Capital expenditure−¥44.7M−¥22.0M−¥40.6M−¥43.2M−¥119.0M

Fiscal years as reported, the latest ending 31 Dec 2025. Figures in JPY; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
gooddays4437.T¥719.00¥5.44B
Azplanning3490.T¥3,065.00¥4.62B
HouseFreedom8996.T¥1,100.00¥4.22B
Intrance3237.T¥89.00¥4.14B
G-Factory3474.T¥598.00¥3.91B
Dualtap3469.T¥886.00¥3.88B
Central General Development3238.T¥380.00¥3.65B
Mullion3494.T¥418.00¥3.28B

Peers as grouped by the data provider. This is not an investment recommendation.

How to invest in Space Market from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to JPY when you buy.

  3. Step 3

    Search 4487 and buy

    Find Space Market by name or by its ticker, 4487, and place your order. The Tokyo Stock Exchange typically trades in units of 100 shares.

Why invest in Space Market from India

What Space Market does

SpaceMarket is a Japanese company that runs an online platform dedicated to space sharing throughout the nation. It serves as a digital marketplace, offering a variety of underutilized or vacant locations available for temporary, on-demand rental. Space Market operates in the Real Estate - Services industry within the Real Estate sector.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Here's what inheritance rules in Japan mean for your Space Market shares.

Japan levies inheritance tax on Japan-located assets such as direct stocks, with an exemption of ¥30 million plus ¥6 million per statutory heir.

About inheritance tax in Japan

Frequently asked questions

Can I buy Space Market stock from India?

Yes. Indian residents and NRIs can buy Space Market (4487) shares directly through Paasa. Space Market is listed on the Tokyo Stock Exchange, in the Real Estate - Services industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

Do I need to buy a full Space Market share?

Usually more than one, and not a fraction: the Tokyo Stock Exchange typically trades in units of 100 shares. At ¥219.00 a share, size the order by the lot, not by the share.

How are Space Market dividends taxed for Indian investors?

Space Market does not currently pay a dividend, so there is nothing to withhold or declare today. If it starts paying one, japan withholds a preferential 10% on dividends for Indian residents under the India–Japan DTAA rather than the higher domestic rate, and the tax withheld can be claimed as a foreign tax credit in India, and dividends are taxed at your slab rate in India.

What tax do I pay in India when I sell Space Market shares?

Japan generally does not levy capital gains tax on non-resident individual investors. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the JPY/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

What happens to my Space Market shares if I pass away?

Japan levies inheritance tax on Japan-located assets such as direct stocks, with an exemption of ¥30 million plus ¥6 million per statutory heir. The rule looks at everything you hold there, not at Space Market alone.

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