News Releases

(Transition of Disclosures)
Notice of Completion of Liquidation of Consolidated Subsidiary

Dec 1, 2021

SKY Perfect JSAT Holdings Inc. (Head Office: Minato-ku, Tokyo; Representative Director, President: Eiichi Yonekura) has proceeded with the liquidation process of our consolidated subsidiary, Enroute Co., Ltd. (Head Office: Minato-ku, Tokyo; Representative liquidator:  Tomoya Fujimoto) as announced in the " Notice of Dissolution of Consolidated Subsidiary " dated June 3, 2021. We are pleased to announce that we have confirmed the completion of the liquidation of the subsidiary.

1. Completion date of liquidation
November 30, 2021

2. Summary of the liquidated subsidiary

①   Trade name	Enroute Co., Ltd.
②   Head office	Akasaka Intercity AIR, 1-8-1, Akasaka, Minato-Ku, Tokyo
③   Job title/Name of Representative	Representative liquidator: Tomoya Fujimoto
④   Description of Businesses	Design, manufacture, and Sale of industrial drones
⑤   Capital	￥496 Million
⑥   Date of Establishment	October 2006
⑦   Major Shareholders	Satellite Network, Inc　52% SKY Perfect JSAT Corporation　48% (Our indirect ownership 100%)

3. Future Outlook
As a result of the dissolution of the Company, tax expenses in the consolidated statements of income for the first quarter of the year ending March 31, 2022 decreased by approximately JPY900 million. There is no change in the consolidated earnings forecast announced on April 28, 2021.