TOKYO, Apr 13 (Pulse News Wire) – QPSP Holdings Co., Ltd. (464A.T) reported non-operating income and expenses for its fiscal year ending May 2026's third quarter, covering the period from December 1, 2025, to February 28, 2026.
Non-operating income included interest revenue of ¥20 million and grant income related to the successful launch and initial imaging of two small SAR satellites, QPS-SAR14 ("Yachihoko-I") and QPS-SAR15 ("Sukunami-I"). The grants were part of the Space Strategy Fund project initiated by the Japan Aerospace Exploration Agency (JAXA). The total grant amount received was ¥742 million, with an initial payment of ¥8.465 billion.
The support ceiling, which could fluctuate based on future evaluations, stood at ¥21.24 billion as of now. On the expense side, the company recorded interest payments of ¥218 million and syndicated loan fees of ¥79 million due to commitments made through loans arranged by Sumitomo Mitsui Banking Corporation and Mizuho Bank. Additionally, guarantee fees totaling ¥37 million were recognized, stemming from guarantees provided by Sumitomo Mitsui Banking Corporation for advance payments related to defense contracts.
The impact of these adjustments has already been reflected in the revised earnings forecast released today.
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