ispace, inc.
(Progress of Disclosure) Notice Regarding Establishment of Consolidated Subsidiary in the Kingdom of Saudi Arabia
Scheduled to establish consolidated subsidiary “ispace S A” in the Kingdom of Saudi Arabia in 2026 with capital of 109 million yen. The impact on earnings is judged to be minimal.
Key Figures
- Capital: 109 million yen (converted at TTM rate as of end-November 2025)
- Scheduled Establishment: 2026 (after formal procedures are completed)
- Impact on Consolidated Earnings Guidance for Fiscal Year Ending March 2026: Minimal
AI要約
Overview of Subsidiary Establishment
ispace Corporation has decided to establish a consolidated subsidiary “ispace S A” in the Kingdom of Saudi Arabia in 2026 to create business opportunities there. Located in Riyadh, the subsidiary will have capital of 109 million yen. The representatives will be Takeshi Hakamada, Jumpei Nozaki, and Julien-Alexandre Lamamy, who will develop lunar exploration businesses. In addition to existing bases in Japan, the US, and Luxembourg, this local corporation will serve as a new base aiming to strengthen long-term collaboration and partnerships.
Impact on Earnings and Future Actions
The impact on consolidated earnings guidance for the fiscal year ending March 2026 is considered minimal. The Company intends to promptly disclose any material impact on earnings in the future. In connection with the subsidiary establishment, directors of the Company and the subsidiary are scheduled to concurrently serve as directors of the new company. There are currently no transactional relationships.
