TOKYO, Jun 12 (Pulse News Wire) – QPS Holdings Inc. (464A.T) released answers to investor inquiries, detailing progress on its satellite constellation project and adjusting its operating profit forecast.
The company reported steady progress on its contract with the Defense Ministry, despite delays in launching two satellites originally scheduled for May. Regarding future strategy, QPS plans to expand its global high-resolution imaging capabilities while deepening partnerships with key stakeholders such as Mitsui Sumitomo Marine & Fire Insurance Co. and Mizuho Corporate Holdings.
The firm also highlighted ongoing research into next-generation technologies aimed at enhancing service efficiency and real-time data processing onboard satellites. In financial updates, QPS adjusted its operating profit forecast from -¥2.200 billion to -¥1.200 billion. Despite changes in revenue composition and cost reductions due to development plan adjustments, the company expects no significant impact on ordinary profit and net income.
QPS remains well-funded through various financing methods, positioning itself for further growth opportunities.
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