SkyPerfect JSAT revenues up 8%
May 1, 2026
By Chris Forrester
Japanese satellite operator SkyPerfect JSAT reported revenues grew 7.9 per cent for the past year’s trading (in the 12-months to March 31st).
In an announcement, the company said its space-based business would generate 30 per cent annual growth in its security-related businesses through the period to 2030.
In an April 28th presentation of the company’s numbers, Sky Perfect JSAT CEO Elichi Yonekura said the company is currently in the middle of an investment phase following the December 2025 award of the satellite constellation project.
He explained that Sky Perfect JSAT plans capital expenditure of 220 billion yen (€1.1 bn) to be spent between the just-ended fiscal year 2025 and 2027, nearly two-thirds of that investment will go on its JSAT 31, JSAT 32 and Superbird-9 geostationary orbit telecommunications satellites and related ground equipment.
Another 60 billion yen will be spent on the 10-satellite intelligence, surveillance and reconnaissance constellation now on order from Japan’s military.
Sky Perfect JSAT is also spending $230 million to purchase a fleet of Planet Labs’s high-resolution imaging Pelican satellites, whose launches started in 2025. Planet will be using these satellites for a contract with the Ministry of Defence, valued at 8.85 billion yen, to supply optical satellite imagery.
The company’s long-established business of selling satellite capacity outside its home market, mainly North America and the Asia-Pacific and conducted through the US-based JSAT International subsidiary, reported 6.9 billion yen in earnings in FY 2025, down 6.8 per cent from FY 2024.
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