Worth reading
28Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
230
¥100 million (estimated investment 규모 for the entire project)Wording
Avoiding a definitive answer
How definitive the wording is.Items stated in the management plan
Operating profit+13.6%
基準 5,370Target6,100million
Each line is the climb from the baseline the document states to the target it sets. The slope is scaled against the largest climb in this document. The increase shown by the dotted line is calculated from the two reported figures because the company did not provide the amount of growth.
What happened to the previous planNot disclosed → Sales of international circuits related to Candle are progressing smoothly
Total investment planAmount Approximately 230
Investment amount by sectorField Development of the Candle branch line / Amount Not disclosed, Field Development of the landing station and related facilities / Amount Not disclosed
Key initiatives
01Deepening discussions with prospective partners
02Developing the business structure in detail
03Reviewing demand projections, the investment 규모 and profitability, and related matters
04Expanding the customer base and deepening relationships to support capacity expansion and the provision of next-generation services
05Progress in selling Candle international circuits
06Progress in the landing station business
07Collaboration with partners
08Utilization of public support programs
09Joint operation through a joint venture
10Circuit sales, including advance payments
Plan assumptionsAssumed exchange rate for Candle (investment announced in July 2025): US$1 = ¥160
Risks identified by the company
The investment amount for this plan is currently under review
The approximately ¥23.0 billion total represents the investment scale for the entire project and does not indicate the amount to be borne by the Company
The final investment burden is expected to be determined based on the business structure to be developed and the details of discussions with customers, among other factors
Demand projections, the investment scale and profitability require further review
The timing of the final investment decision will be determined based on the progress of future reviews and other factors
Reason for revision or withdrawal
Based on the progress made in the review to date, the Company will move forward in earnest with reviewing this plan on the assumption that it will be commercialized. The background includes the distributed deployment of digital infrastructure, the diversification of international submarine cable landing locations in the Kansai region, and the maximization of Candle's value.
| Item | Details |
|---|---|
| Plan name | Development of a New International Submarine Cable Landing Station in Wakayama Prefecture and a Branch Line for Candle (this plan) |
| Operating profit target | 2026：5,370 → 2027：6,100 |
| Total investment plan | Amount Approximately 230 |
| Investment amount by sector | Field Development of the Candle branch line / Amount Not disclosed, Field Development of the landing station and related facilities / Amount Not disclosed |
| Plan assumptions | Assumed exchange rate for Candle (investment announced in July 2025): US$1 = ¥160 |
| Key initiatives | Deepening discussions with prospective partners, Developing the business structure in detail, Reviewing demand projections, the investment 규모 and profitability, and related matters, Expanding the customer base and deepening relationships to support capacity expansion and the provision of next-generation services, Progress in selling Candle international circuits, Progress in the landing station business, Collaboration with partners, Utilization of public support programs, Joint operation through a joint venture, Circuit sales, including advance payments |
| Results under the previous plan | Not disclosed → Sales of international circuits related to Candle are progressing smoothly |
| Reason for revision or withdrawal | Based on the progress made in the review to date, the Company will move forward in earnest with reviewing this plan on the assumption that it will be commercialized. The background includes the distributed deployment of digital infrastructure, the diversification of international submarine cable landing locations in the Kansai region, and the maximization of Candle's value. |
| Risks identified | The investment amount for this plan is currently under review, The approximately ¥23.0 billion total represents the investment scale for the entire project and does not indicate the amount to be borne by the Company, The final investment burden is expected to be determined based on the business structure to be developed and the details of discussions with customers, among other factors, Demand projections, the investment scale and profitability require further review, The timing of the final investment decision will be determined based on the progress of future reviews and other factors |
| Date of board resolution | 2 July 2026 |
| Publication date | 2 July 2026 |
Items this document does not state (14)
Plan periodProgress against the planSales TargetOperating profit margin targetNet income targetROE targetROIC targetPayout ratio / DOE policyTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceSegment targetNon-financial targetsSize of the Target Market
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.In addition to the progress made in the review to date, the project aims to diversify international submarine cable landing locations in the Kansai region, improve disaster resilience, maximize the value of Candle, expand the business scope of the international telecommunications business, and diversify revenue opportunities, based on the Ministry of Internal Affairs and Communications' Digital Infrastructure Development Plan 2030.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.