Axelspace Holdings Corporation [402A.T]
TOKYO, Jun 16 (Pulse News Wire) – Axelspace Holdings Corporation (402A.T) announced today that its board of directors has approved plans to relocate its headquarters and development site. The move is set to take place in September 2026 for the headquarters and mid-October 2026 for the development site.
The headquarters will move to the 12th floor of Nihonbashi Hombocho M-Square, 9-3, while the development site will shift to Tokyo, Koutou Ku Shinkiba. The relocation aims to support the company's expansion and future growth. By maintaining its headquarters in Nihonbashi, which houses numerous space-related companies and institutions, Axelspace seeks to foster industry collaboration and innovation.
Meanwhile, consolidating environmental testing functions at the new development site in Shin-Kiba will streamline design, manufacturing, and testing processes, enhancing satellite production efficiency and quality stability. The costs associated with the relocation are expected to impact the fiscal year ending May 2027. Detailed forecasts incorporating these expenses will be disclosed during the May 2026 earnings release.
As the current and new locations are within the same district, no changes to the company’s articles of incorporation are necessary.
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