Under the Group Mission "Space for your Smile,"
we will strive to create new value through innovation and contribute to the realization of a prosperous society.
We would like to thank you for your understanding and support of the Group's business activities.
Since the deregulation of telecommunications, our Group has supported the security and safety of our customers as a social infrastructure, such as securing communications during emergencies through communication satellites and eliminating the digital divide. At the same time, we have made our lives more affluent by responding to the needs for viewing multichannel broadcasting.
In recent years, the environment surrounding our business continues to change, as evidenced by heightened geopolitical risks and changes in social conditions such as the declining birthrate and aging population, technological innovation, diversification of consumer orientation, and changes in the competitive environment due to the entry of new players. We will respond flexibly to these changes by viewing them as opportunities for change and aim for further growth.
In Space Business, use of outer space in various forms is progressing. Leveraging our experience in the space and satellite services field, we are not limited to owning and operating satellites that support social infrastructure, but are also working to develop new business domains that utilize low earth orbit satellites, and to realize diverse telecommunications infrastructures that meet changing needs. Last year, we established Space Compass Corporation, a joint venture with NTT, with the aim of developing a new foundation for ICT infrastructures in outer space. By taking on the challenge of building new infrastructure, we aim to contribute to the development of the global space industry and the realization of a sustainable society.
In Media Business, our Group will respond to the expectations of resolving issues and promoting the popularization of the video business by developing new services utilizing the know-how it has cultivated over many years in satellite broadcasting and video distribution services. In 2022, we hosted the Bundesliga Japan Tour 2022 powered by SKY Perfect JSAT as a "real" event which was difficult to realize due to the influence of the COVID-19. For contributing to a diverse and creative society, we will accelerate the shift to more efficient business operations and new businesses.
In order to realize the "Vision for 2030" announced in 2022, we will clarify how to invest funds, human resources, and time. As a unique and interesting company with both Space Business and Media Business, we will constantly transform ourselves into more attractive company.
Based on the slogan "Speed & Action" under “Space for your Smile”, which is the Group Mission and is also the Sustainability Policy of our company, we will keep on trying to change our Group while facing all of our stakeholders, including business partners, stockholders, and local communities. We will do our utmost to increase the corporate value of the SKY Perfect JSAT Group.
We look forward to your continued support.