Expansion of the satellite data platform business
First written in FY2021-Q1. 3 of 7 entries say "Advanced", first in FY2022. Latest entry: FY2025-H1.
No other company in this theme has enough history to compare yet.
- FY2025-H1AchievedAnnual report
「Tellus, previously an unconsolidated subsidiary, was included in the scope of consolidation from the current interim consolidated accounting period because its importance increased following the payment for the capital increase on 1 April 2024.」
Tellus became a consolidated subsidiary from the interim consolidated accounting period beginning 1 April 2024 as its importance increased following the capital injection. This indicates that the operating entity for the satellite data platform business reached the stage of being included in the scope of consolidation. - FY2024AdvancedAnnual report
「The Company resolved to subscribe for ¥600 million of new shares issued by its unconsolidated subsidiary Tellus, with 1 April 2024 as the payment date. To implement this capital increase through Tellus, the Company will also transfer part of its business through an absorption-type company split.」
The Company injected ¥600 million into Tellus and transferred part of the satellite data platform business through an absorption-type company split. It also indicated plans to include Tellus in the scope of consolidation from the first quarter of the following fiscal year due to its increased importance. - FY2024-Q3AdvancedAnnual report
「The Company resolved to subscribe for ¥600 million of new shares issued by its unconsolidated subsidiary Tellus, with 1 April 2024 as the payment date. To implement this capital increase through Tellus, the Company will also transfer part of its business through an absorption-type company split.」
For Tellus, the Company resolved to subscribe for ¥600 million of new shares and transfer part of its business through an absorption-type company split, ahead of the full-scale launch of satellite data-related projects and the Stardust programme. In view of its expected increased importance, the Company also indicated plans to include Tellus in the scope of consolidation from the first quarter of the following consolidated fiscal year. - FY2023RestatedAnnual report
「Focusing on challenge areas such as Tellus and IoT」
Tellus, which operates the government satellite data platform business, and IoT continue to be positioned as challenge areas alongside the cloud business. - FY2022AdvancedAnnual report
「The subsidiary Tellus was established as a planning and preparatory company for the government satellite data platform business.」
The expansion of the satellite data platform business made concrete progress with the establishment of Tellus as a planning and preparatory company in December 2021. - FY2021-Q2RestatedAnnual report
「As a new business, the Group will promote a space-related data utilisation project being undertaken with the Ministry of Economy, Trade and Industry and seek to create new value by expanding its satellite data platform business.」
The policy of expanding the satellite data platform business based on a space-related data utilisation project with the Ministry of Economy, Trade and Industry was reaffirmed. - FY2021-Q1First statedAnnual report
「As a new business, the Group will promote a space-related data utilisation project being undertaken with the Ministry of Economy, Trade and Industry and seek to create new value by expanding its satellite data platform business.」
The policy of developing existing government satellite data projects into an expanded satellite data platform business aimed at creating new value was presented.