SKY Perfect JSAT Holdings (9412) Investor Update summary

Financial performance and targets

• Forecasts net profit of ¥210 billion for FY2025, aiming for five consecutive years of increased sales and profits.

• Sets FY2030 net profit target at over ¥280 billion, with space business as a key revenue driver.

• FY2024 operating revenue reached ¥1,237 billion, showing steady growth over recent years.

Business strengths and operations

• Operates 17 geostationary satellites covering North America to the Indian Ocean, with over 35 years of experience.

• Plans to launch 10 low-Earth orbit observation satellites from FY2026.

• Provides 24/7 satellite and ground station services, employing about 800 people, including 300 engineers.

Security and government sector achievements

• Strong track record with government agencies, providing communications and satellite imagery amid rising international tensions.

• Government space-related budgets are increasing, with a revenue target of ¥30 billion from the security sector by FY2030.