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Notice of the transfer of certain businesses of consolidated subsidiary

Jan 18, 2021

  SKY Perfect JSAT Holdings Inc. (Head Office: Minato-ku, Tokyo; Representative Director, President: Eiichi Yonekura) announces today that its consolidated subsidiary, Enroute Co., Ltd. (Head Office: Asaka City, Saitama Prefecture; Representative Director and President: Kakuro Eguchi; hereinafter “Enroute”) will transfer the part of the drone business operated by Enroute to NTT e-Drone Technology Corporation On January 31, 2021.
 

  Through collaboration with NTT Group and various partners, we will continue to promote collaboration between satellite communications and drones, and to further expand our business domains by resolving technological issues in blind communication zones such as mountains and islands and the out-of-sight flight, and providing solutions such as image analysis, etc.
 

  The impact of this business transfer on the consolidated financial results for the current fiscal year is not material.