SKY Perfect JSAT : Integrated Report 2021

Integrated Report 2021

For the year ended March 31, 2021

Contents

Who We Are

02 Business Fields

1. A Proven Track Record

1. Value Creation Process

What We're Planning

1. Message from the President

1. Financial Highlights

1. Message from the CFO

1. Risks and Opportunities

How We're Doing

22 Review of Operations 22 Space Business

28 Media Business

ESG

34 Selection of Material Issues

36 Materiality and efforts to address ESG issues

1. Environment

1. Social

1. Board Directors

1. Corporate Governance

1. Outside Directors' Dialogue

Data Section

1. Satellite Basics

1. Satellite Fleet
2. Glossary

1. Stock Information
2. Corporate Data

Financial Section

66 Consolidated Financial Highlights

1. Management's Discussion and Analysis

1. Consolidated Balance Sheet

1. Consolidated Statement of Income

1. Consolidated Statement of Comprehensive Income
2. Consolidated Statement of Changes in Equity
3. Consolidated Statement of Cash Flows
4. Notes to Consolidated Financial Statements

Brand Slogan

Our Unlimited Vision,

Your Practical Value.

The modern world is overflowing with information. Even a simple search can provide us the answers.

However, our hearts are not stirred by what is known;

it is the unknown that excites and arouses us. SKY Perfect JSAT works in the space field, making its potential for growth as vast as the expanse of outer space.

We want to be a company that can turn the unknown into infinite possibilities.

These aspirations of

SKY Perfect JSAT are encapsulated in

"Our Unlimited Vision, Your Practical Value."

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2021

Space for your Smile

Mission

Toward a world where

uncertainty turns to peace of mind,

difficulty turns to ease,

and interest turns to passion

"Space for your Smile" captures our core vision for the future,

where spaces of all kinds-outer space, land, air and sea,

as well as communities, family living rooms and

other places people call their own-beam with smiles.

From the glints of everyday happiness to the happiness that awaits in the future, we strive to create a world that leads to a brighter tomorrow for each and all.

Business Vision

Group Officer and

Employee Code of Conduct

Space Business

From space to the sea, we are carving out diverse, unlimited spaces and providing all-new value to contribute to the realization of

a society offering peace of mind and ease.

Media Business

We are contributing to the realization of a diverse and highly

creative society as a platform that

connects people, companies, and society.

SKY Perfect JSAT Group principles

Our Five Key Questions

Are we rising to new challenges and

learning from mistakes?

Are we collaborating with others to

create new value?

Have we considered whether "pending" is

the better choice?

Are we doing enough to surpass all expectations?

Can we talk with pride about our work to

those dearest to us?

02 Who We Are	Geostationary
	orbit

Business Fields of

36,000 Km

SKY Perfect JSAT

Group

Geostationary satellites:

Always stay connected, anytime

In 1989, SKY Perfect JSAT successfully launched Japan's first private -sector communications satellite JCSAT-1. Since then, SKY Perfect JSAT has launched approximately 30 geostationary sat- ellites, the most in Asia. They have achieved stable communications from space that "always stay connected, anytime," in ordinary times as well as during disasters.

Low earth orbit

2,000 Km

Satellite data and AI:

Using real-time space data on the ground

Low earth orbit satellites fly at an altitude close to the earth's sur- face. SKY Perfect JSAT has entered the sensing business that utilizes space data obtained from low earth orbit satellites. Earth observation data, such as images and positional information delivered from low earth orbit satellites to the ground in real time, is analyzed using AI technology for disaster prevention, disaster mitigation, and other uses.

From people's lives on the ground to space

	SDGs in space: Space debris removal
Low earth orbit	Space debris is a global issue. There are an estimated more than
100 million pieces of space debris larger than 1 millimeter, and
700 Km	the number increases as collisions occur. SKY Perfect JSAT, in
cooperation with RIKEN, JAXA, Nagoya University, and Kyushu
University, has started to develop a space debris removal satel-
	lite. It is the world's first initiative to remove space debris safely
	and efficiently using a laser-based method.

	HAPS relay station in the sky
Stratosphere	We will position a high altitude platform station (HAPS) in the
stratosphere, 20 kilometers from the ground, to be used as a
20 Km
stratospheric platform (relay station in the air). By connecting
geostationary satellites, low earth orbit satellites, and drones,
	HAPS will enable high-capacity,low-latency communications and
	broadcasting with the ground.

	Communications for mobility:
Atmosphere	Stay connected even in the sky
We offer Internet connection services for aircraft by satellite com-
10 Km
munications. Passengers on a plane can connect to the Internet
and enjoy entertainment from their smartphone, tablet, or
	computer.

	SKY PerfecTV!: Japan's first and largest digital
	multichannel satellite broadcast service
Ground	SKY PerfecTV! was launched in 1996 as Japan's first digital
multichannel satellite broadcast service. It is viewed by more
0 Km
than three million subscribers on approximately 140 channels,
the most channels in Japan. In addition to broadcasting, SKY
	PerfecTV! also provides distribution services to meet a variety
	of viewing needs and continues to deliver new excitement to its
	subscribers.

	Communications for mobility:
Sea	Stay connected even at sea
We offer Internet connection services via satellite communi-
0 Km
cations over a wide sea area, meeting the demand for Internet
access at sea where terrestrial line communications are difficult.

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2021

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