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The latest update is out from Axelspace Holdings Corp. ( (JP:402A) ).
Axelspace Holdings Corporation has approved the establishment of a new wholly owned subsidiary, Axelspace Defense & Intelligence Corporation, to deepen its focus on the defense and intelligence sector. The subsidiary, to be incorporated in March 2026 in Tokyo with capital of ¥30 million and led by planned representative Yoshihiro Ota, will provide spacecraft-based services along with consulting and support tailored to defense and intelligence customers; the company expects only a limited impact on its earnings forecast for the fiscal year ending May 2026, but views the move as a strategic step to enhance its capabilities and positioning in this specialized market.
More about Axelspace Holdings Corp.
Axelspace Holdings Corporation is a Japan-based space technology company listed on the Tokyo Stock Exchange Growth Market, focused on providing services that utilize spacecraft. The group has been expanding capabilities aimed at customers in sectors such as defense and intelligence as part of its medium- to long-term growth strategy.
Average Trading Volume: 2,463,681
Technical Sentiment Signal: Strong Sell
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