アクセルスペースホールディングス
TSE Growth ・ Ticker 402A ・ Listed
Updated
Offer price
375 yen
First traded price
751 yen
Selling 100 shares at the first traded price would have produced a gain of 37,600 yen, before fees and tax. 100 shares is the minimum trading unit in Japan.
Compared with the first traded price of 751 yen.
You can only enter this lottery through a broker underwriting it. The lead underwriter is SMBC Nikko Securities, which receives the largest allocation.
Broker pages are in Japanese. A comparison in English is on the brokers page.
A space company that builds and operates its own small satellites, selling the Earth observation imagery they take and taking on satellite development work for customers.
It runs two businesses. AxelGlobe sells imagery taken by its own GRUS Earth observation satellites to government bodies, private companies and overseas customers. AxelLiner takes on satellite work for clients, covering design and manufacturing through launch and in-orbit operation. AxelLiner centres on government projects such as the K Program for economic security technologies, and revenue is booked in line with how far the work has progressed, so it rises while expensive components are being procured and eases during the design and manufacturing phase. Subsidies from government bodies are not counted as revenue under accounting rules, so the company also discloses total income, which adds subsidy income to revenue.
In February 2026 it won the Ministry of Defense satellite constellation project, a contract worth 43.6 billion yen before tax that runs from February 2026 to the end of March 2031, and it takes part as the sole supplier of optical imagery. Its order backlog had built up to about 54.8 billion yen by the end of the third quarter of the year to May 2026, and in July 2026 it successfully launched seven GRUS-3 next generation Earth observation satellites. For the year to May 2027 the company forecasts revenue of 9 billion yen, about 3.6 times the previous year, while still expecting a net loss of 240 million yen.
Read about this company in Japanese →Figures are taken from the offering documents and public sources, and are checked against two independent sources before publication. Nothing here is investment advice. Shares can and do open below their offer price.
