Results for this period
Interim period (second quarter)1 January 2026–30 June 2026ConsolidatedJapanese GAAPThe width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
The company began providing services following the conclusion of outsourcing agreements with トライサット and Mitsubishi Electric Corporation; recognized subsidy income of ¥2,227,480 thousand; recognized depreciation and amortization of ¥1,547,535 thousand related to satellite manufacturing and other activities; and made substantial upfront investments in the manufacture and launch of satellites.
The company recognizes events or conditions that raise significant doubt about its ability to continue as a going concern due to continuing operating losses. However, it determined that there are no significant concerns regarding funding for at least one year and that no significant uncertainty exists regarding the going concern assumption. There are no matters to report in the notes on the going concern assumption.
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026–30 June 2026 |
| Net Sales | ¥1,691 million (YoY +27.4%) |
| Operating profit | ¥-3,350 million |
| Ordinary income | ¥-1,372 million |
| Profit attributable to owners of the parent | ¥-1,417 million |
| Net income per share | △¥10.74 |
| Equity ratio | End of the current fiscal period 73.1 / End of previous period 76.2 |
| Total assets | ¥50,001 million |
| Net assets | ¥37,945 million |
| Cash flows from operating activities | ¥755,663 thousand |
| Cash flows from investing activities | ¥-10,591,116 thousand |
| Cash flows from financing activities | ¥1,498,663 thousand |
| Cash and cash equivalents at end of period | ¥16,209,788 thousand |
| Full-year earnings forecast | Net Sales ¥6,353 million (YoY +167.3%) / Operating profit ¥-5,467 million / Ordinary income ¥3,010 million / Profit attributable to owners of the parent ¥2,624 million |
| Revision to Earnings Forecast | No |
| Annual Dividend Forecast | ¥0 → ¥0（0.0%） |
| Depreciation and amortization | ¥1,547,535 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥144 thousand, Other ¥0 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥1,543 thousand |
| Disclosure regarding the going concern assumption | The company recognizes events or conditions that raise significant doubt about its ability to continue as a going concern due to continuing operating losses. However, it determined that there are no significant concerns regarding funding for at least one year and that no significant uncertainty exists regarding the going concern assumption. There are no matters to report in the notes on the going concern assumption. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate Yes / Restatement No |
| Changes in the scope of consolidation | New Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 132,935,900 shares |
| Treasury Shares at Period-End | 50 shares |
| Factors Behind Changes in Business Performance | The company began providing services following the conclusion of outsourcing agreements with トライサット and Mitsubishi Electric Corporation; recognized subsidy income of ¥2,227,480 thousand; recognized depreciation and amortization of ¥1,547,535 thousand related to satellite manufacturing and other activities; and made substantial upfront investments in the manufacture and launch of satellites. |
Items this document does not state (8)
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 cited the need for substantial upfront investment in the manufacture and launch of satellites, which requires time before the investment is recovered, higher depreciation and amortization resulting from the manufacture of Earth observation satellites and other activities, and the recognition of subsidy income. It also began providing services following the conclusion of contracts with トライサット and others.