SKY Perfect JSAT Corporation

SKY Perfect JSAT Corporation

9412.T
SKY Perfect JSAT CorporationJP flagTokyo Stock Exchange
2,556.00
JPY
-104.00
- -
724.47BMarket Cap
SKY Perfect JSAT Corporation
9412.T
(Tokyo Stock Exchange)

Recent

price

2,556.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
421.48
461.27
474.25
524.27
529.8
534.92
649.39
489.89
552.3
469.82
469.77
406.33
417.12
423.83
399.47
450.17
216.66
Revenue per Share
13.14
25.46
28.77
29.5
43.85
55.38
58.63
38.22
32.6
40.49
44.92
49.52
54.44
61.69
61.69
82.25
32.42
Basic EPS, GAAP
60.64
80.55
73.65
33.66
-77.33
-5.68
-28.36
19.93
11.42
30.73
153.86
95.55
138.47
94
59.48
12.55
57.95
Free Cash Flow per Basic Share
12
11.98
11.99
12.32
11.99
13.14
14.99
18.98
17.99
17.99
17.99
18.09
17.98
21.13
20.11
34.97
10.18
Dividend per Share
82.33
95.79
112.56
133.53
173.74
219.4
268.6
287.83
302.47
324.92
351.84
386.62
428.4
473.46
481.29
573.2
504.07
Book Value per Share
489.79
509.29
535.52
531.27
591.84
616.39
681.19
704.54
722.39
741.43
771.46
808.15
869.34
929.85
900.12
1,063.45
967.02
Tangible Book Value per Share
337
337
337
327
308
305
297
297
297
297
297
294
290
288
310
283
283
Basic Weighted Avg Shares
141,850
155,242
159,609
171,683
163,294
162,905
192,875
145,501
164,014
139,541
139,572
119,632
121,139
121,872
123,721
127,584
61,374
Sales/Revenue/Turnover
9.52
11.26
10.12
12.65
12.02
14.86
12.67
10.76
9.32
10.94
13.72
15.77
18.43
21.78
22.22
27.65
21.42
Operating Margin (%)
24,977
25,779
26,994
25,311
23,745
21,571
22,419
24,371
23,391
24,194
24,201
23,038
21,232
20,231
18,283
15,463
10,331
Depreciation Expense
4,421
8,569
9,682
9,659
13,515
16,867
17,415
11,353
9,681
12,027
13,345
14,579
15,810
17,739
19,106
23,311
9,184
Net Income, GAAP
55.33
46.25
38.22
48.32
33.89
32.72
30.59
36.27
38.92
22.48
32.44
27.12
30.37
30.86
30.19
32.24
28.97
Effective Tax Rate (%)
3.12
5.52
6.07
5.63
8.28
10.35
9.03
7.8
5.9
8.62
9.56
12.19
13.05
14.56
15.44
18.27
14.96
Profit Margin (%)
47,434
44,222
53,102
35,670
52,321
74,298
100,240
118,046
128,120
128,267
144,657
154,620
164,779
171,071
158,716
126,186
158,471
Working Capital
68,961
48,966
37,142
19,285
35,964
57,233
71,722
88,463
102,878
90,974
83,241
71,644
62,975
55,016
32,130
23,714
39,064
LT Debt
180,065
185,051
192,691
184,678
195,638
200,511
213,908
219,634
224,014
228,943
235,313
243,074
256,814
271,981
284,172
307,033
278,713
Total Equity
2.13
3.57
4.02
4.66
5.51
6.45
5.95
3.24
2.87
3.55
3.9
4.16
4.67
5.41
5.59
6.93
2.74
Return on Invested Capital (%)
3.91
8.62
11.08
11.31
15.15
15.49
12.16
7.14
5.7
6.72
7.12
7.64
8.29
9.25
9.64
11.64
4.72
Return on Capital (%)
16.07
28.59
27.62
23.67
27.79
28.03
23.76
13.74
11.04
12.91
13.28
13.35
13.27
13.62
13.4
14.97
6.74
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
10,793
- -
21,441
LT Borrowings
55,016
- -
39,064
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
283
- -
283
Market Capitalization
307,609
245,876
252,675

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
231,269
- -
227,866
Cash, Cash Equivalents & STI
114,321
- -
115,079
Accounts Receivable, Net
56,985
- -
54,122
Inventories
1,911
- -
2,012
Total Current Liabilities
60,198
- -
69,395
Payables & Accruals
- -
- -
- -
ST Debt
10,793
- -
21,441
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.37%
5.48%
8.04%
Free Cash Flow
60.34%
-28.17%
-80.69%
Net Income, GAAP
4.85%
11.92%
22.01%
Sales/Revenue/Turnover
-1.61%
-1.56%
3.12%
Total Cash Common Dividend
- -
15.13%
59.11%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
30,009
30,489
30,524
30,850
121,872
2025
- -
- -
- -
- -
123,721
2026
- -
- -
- -
- -
127,584

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
17.15
- -
- -
- -
61.69
2025
- -
- -
- -
- -
61.69
2026
- -
- -
- -
- -
82.25

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
10.83
- -
- -
- -
21.13
2025
- -
- -
- -
- -
20.11
2026
- -
- -
- -
- -
34.97
Business
SKY Perfect JSAT Holdings Inc. is a leading satellite operator and communications service provider headquartered in Minato-ku, Tokyo, Japan, founded in 1994. The company operates the largest communication satellite business in Asia, offering a comprehensive portfolio of services including multichannel pay TV broadcasting under the SKY PerfecTV! brand; satellite communication services across land, sea, and air; satellite data provision; and aerospace-related solutions. Its satellite fleet, comprising 17 geostationary satellites, provides extensive coverage from North America to the Indian Ocean Region, enabling offerings such as broadband and broadcast satellite communications, in-flight connectivity, and maritime communications. In addition to its core satellite communications and broadcasting services, SKY Perfect JSAT is engaged in advanced satellite technology development, including software-defined satellites and optical satellite data provision. The company’s recent projects include collaboration with Japan's Ministry of Economy, Trade and Industry on the "SATELLITE CRAYON PROJECT" that features satellite imagery-based products. SKY Perfect JSAT is also investing in the development of a "Universal Non-Terrestrial Network (NTN)" and works with aerospace entities like JAXA and JR-West to apply AI-based predictive maintenance technology for railway equipment. Significant recent corporate developments include a strategic absorption-type merger agreement with its wholly owned subsidiary SKY Perfect JSAT Corporation, effective April 1, 2026, aimed at streamlining operations and enhancing governance amid rapid industry changes. The company has also entered a joint venture with BELLSYSTEM24 to establish a hybrid contact center utilizing generative AI to expand BPO operations. In satellite infrastructure, it selected Thales Alenia Space to build new advanced software-defined satellites JSAT-31 and JSAT-32, with launches planned through 2027, supporting expanded payload capacity and enhanced national security applications. Furthermore, SKY Perfect JSAT expanded its satellite capacity in Asia through an agreement with SES to enhance in-flight connectivity services. The company is also advancing innovative projects such as space data centers with partners like NTT, aiming to launch operational capabilities in 2026. SKY Perfect JSAT serves a diverse customer base including commercial airlines, maritime operators, government agencies, and direct broadcast consumers, operating predominantly in Japan and across the Asia-Pacific region. The company is publicly listed on the Tokyo Stock Exchange under the ticker 9412.T. Its ongoing strategic focus includes leveraging cutting-edge satellite technologies, expanding connectivity solutions, and driving digital transformation initiatives in satellite communications and associated services.