Sky Perfect JSAT beats profit forecasts, announces restructuring

Sky Perfect JSAT Holdings reported consolidated net profit of 5.5 billion yen for the first quarter, representing 26.2% of its full-year forecast of 21.0 billion yen. Operating revenue fell 2.2% year-on-year to 29.825 billion yen, while operating income rose 7.7% to 8.009 billion yen.

The company announced a corporate restructuring effective April 1, 2026, including absorption of its core operating company SKY Perfect JSAT Corporation and a name change to SKY Perfect JSAT Corporation to streamline operations and accelerate decision-making.