Determination of the JAXA Space Strategy Fund grant amount for a Japanese consolidated subsidiary
株式会社アストロスケール (ASJP, the reporting company's Japanese consolidated subsidiary)
Technical development theme: Technology for realizing free movement in space; technical development challenge: Development of propellant refueling technology for electric propulsion systems, with a view to servicing in geostationary orbit
Grant award amount of ¥1.25 billion (grant income is expected to be recognized over the subsidy project period)
The period covered by this matter is from 1 April 2026 to 31 March 2028. Project revenue is expected to be recognized over the subsidy project period.
This matter was not included in the assumptions underlying the full-year consolidated earnings forecast for the fiscal year ending April 2026, and its impact is currently considered immaterial. The company expects it to contribute to consolidated results from the fiscal year ending April 2027 onward.
Related procedures
Japan Aerospace Exploration Agency (JAXA)
Project revenue related to this matter is expected to be recognized over the subsidy project period, and the company expects it to contribute to consolidated results from the fiscal year ending April 2027 onward.
| Item | Details |
|---|---|
| Event name | Determination of the JAXA Space Strategy Fund grant amount for a Japanese consolidated subsidiary |
| Date of occurrence | 31 March 2026 (the date on which JAXA notified the grant award decision) |
| Date recognized / date notice received | 31 March 2026 |
| Subject Entity | 株式会社アストロスケール (ASJP, the reporting company's Japanese consolidated subsidiary) |
| Target Locations / Products | Technical development theme: Technology for realizing free movement in space; technical development challenge: Development of propellant refueling technology for electric propulsion systems, with a view to servicing in geostationary orbit |
| Amount of Impact on Business Performance | Grant award amount of ¥1.25 billion (grant income is expected to be recognized over the subsidy project period) |
| Accounting period in which recognized | The period covered by this matter is from 1 April 2026 to 31 March 2028. Project revenue is expected to be recognized over the subsidy project period. |
| Impact on Earnings Forecast | This matter was not included in the assumptions underlying the full-year consolidated earnings forecast for the fiscal year ending April 2026, and its impact is currently considered immaterial. The company expects it to contribute to consolidated results from the fiscal year ending April 2027 onward. |
| Court or authority | Japan Aerospace Exploration Agency (JAXA) |
| Outlook | Project revenue related to this matter is expected to be recognized over the subsidy project period, and the company expects it to contribute to consolidated results from the fiscal year ending April 2027 onward. |
Items this document does not state (15)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The company received notification from JAXA of the grant award decision on 31 March 2026 and obtained JAXA's permission to disclose the matter.