As the competitive environment surrounding our group is undergoing significant changes, intensified price competition due to competition with low-orbit satellite communication services, negative growth in the pay-TV market, and consolidation among video streaming service providers, we view this change as an opportunity and set out a group mission that defines the role that our group should play in anticipating the progress of the accelerating digital society and the expansion of business fields in all spaces.
Management policies and strategies
Our Group has formulated the value creation story that shows our medium-to long-term goals and the path toward realizing the value we bring to society.
Through the pursuit of "Procure, Deliver, and Expand" which is a business model common to the Space and Media Businesses, we aim to expand our business areas and achieve growth by capturing changing environments and not simply remaining within the confines of existing business lines.
Thereby we aspire to connect all information and emotion from space to Earth, and achieve 'Net income over ¥25 billion (fiscal year 2030)'.
Through these processes, realizing our group mission and sustainability policy, 'Space for your Smile', is how our group creates value for society.
In order to create value over the medium to long term, our group has established a management strategy that consists of four major pillars: 'Improving profitability in existing businesses', 'Exploring new business domains', 'Strengthening human capital', and 'Enhancing our management base'.
'Strengthening human capital'
We strengthen our human capital by actively investing in human resources in the core area of each business and energizing our employees and organizations. At the SKY Perfect JSAT Corporation, a core business company, toward the realization of 'strengthening human capital,' we focus on two pillars: 'Human Resource Strategy' and 'Strengthening engagement' to enable our human resources to exert their full potential.
In our Human Resource Strategy, we define the desired profile of human resources as individuals who can respond to environmental changes and serve as drivers for transformation, growth, and improvement. We are working on "recruiting and nurturing" and "selecting and allocating".
In "Strengthening engagement", we work towards creating a secure and safe organization to realize the company's desired state is one where each employees maximize their potential talent, and all members enthusiastically thrive.
'Enhancing our management base'
We will enhance our management base by pursuing the deepening of sustainability management, aiming to achieve growth through the simultaneous enhancement of economic value and social (environmental) value. We have set 'Space for your Smile' as our 'Sustainability Policy,' and we promote sustainability management with the dual objectives of solving social issues and enhancing corporate value. Additionally, as a company engaged in highly public-interest businesses, we will ensure management transparency through the improvement of corporate governance. At the same time, we will further strengthen the management foundation supporting our business, including compliance, risk management, personal information protection, and information security management.
'Improving profitability in existing businesses' 'Exploring new business domains'
Space Business
Leveraging our experience in the space and satellite services field, which we have cultivated over 30 years, we will contribute to the realization of a super-smart society by building an innovative communication network for all spaces and a global data network.
In existing communication-related businesses (domestic satellite communication, Global & Mobile business), we will flexibly respond to diverse customer needs and expand and strengthen the provision of high-speed and high-capacity communication services for growing markets. In the Space Intelligence business, we will collaborate with partner companies to promote the development of services and sales activities utilizing various data. In exploration new business area, we will work on commercializing services using new technologies and challenge further expansion of business domains.
Media Business
While maintaining a solid position as a player with satellite broadcasting and video distribution networks, we will contribute to the realization of a diverse and highly creative society as a platform that connects people, companies, and society. In existing broadcasting and distribution business, while aiming to improve productivity, we will promote the development of a platform business that combines broadcasting and distribution in the medium to long term.
In the FTTH business, we will strengthen efforts towards expansion, such as enhancing customer touchpoints in sales channels. In new business domains, we will aim to establish new sources of earnings, such as expanding the experience of fans.
Growth Strategies for 2030 ～Expansion of existing business and development of new businesses～
In both the Space and Media Businesses, we aim to enhance corporate value by expanding the foundational revenue streams of existing business and accelerating the commercialization of emerging area.
Optimal Capital Investments to Realize Business Vision
To achieve the vision for 2030, it is important to focus not only on New Business Area but also on growth in existing businesses. Therefore, we will identify areas of focus and make optimal capital investments, considering asset efficiency and cost of capital.
Additionally, while considering financial stability and market trends, we will strive to enhance shareholder returns through flexible share buybacks and dividends.
