Participation in the Candle Submarine Cable System Construction Project
First written in FY2026-H1. 8 of 9 entries say "Advanced", first in 2026-05-08. Latest entry: 2026-08-07.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「Head office (Chuo-ku, Tokyo) International telecommunications business Joint construction of the international submarine cable “Candle” 19,000 4,180 Equity funds and bank borrowings 2025 During 2028 Expansion of international telecommunications circuit services」
For the joint construction of Candle, the Company disclosed a total planned investment of ¥19 billion, amounts already paid of ¥4.18 billion and planned completion during 2028. Execution under the joint construction agreement and construction and supply agreement is progressing. - FY2026-H1First statedAnnual report
「In addition, the Company is participating in the construction project for an international submarine cable system connecting Japan, the Philippines and Singapore, scheduled for completion in March 2028. The cable is named the “Candle Submarine Cable System” and is referred to below as “Candle.” Through this project, the Company aims to expand its international telecommunications business.」
The Company disclosed for the first time its participation in the Candle Submarine Cable System construction project. The international submarine cable connecting Japan, the Philippines and Singapore is scheduled for completion in March 2028, with the aim of expanding the international telecommunications business. In August 2025, the Company entered into a joint construction agreement and a construction and supply agreement.