Announcement • 1h
Astroscale Holdings Inc., Annual General Meeting, Jul 30, 2026 Astroscale Holdings Inc., Annual General Meeting, Jul 30, 2026. Live News • Jun 05
Astroscale Raises Multi-Billion Yen in Equity and Convertible Bonds for Space Services Expansion Astroscale Holdings completed a multi‑billion yen funding round that includes both new common shares and zero‑coupon convertible bonds maturing in 2029.
Hulic and SKY Perfect JSAT participated as key investors in this financing.
The company stated that the transaction is intended to support its long-term expansion in space services and clarified that it has no plans for a U.S. securities offering as part of this deal.
This mix of equity and zero‑coupon convertible bonds provides Astroscale with additional funding flexibility while spreading out potential dilution over time toward the 2029 maturity.
Investors may want to track how this new capital is deployed into space services projects and to consider dilution risk from any future conversion of the bonds alongside the company’s stated focus on regulatory compliance. Announcement • May 21
Astroscale Holdings Inc. announced that it expects to receive ¥30.599997992 billion in funding from Hulic Co., Ltd., SKY Perfect JSAT Corporation and other investors. Astroscale Holdings Inc. has announced a private placement to issue Zero Coupon Convertible Bonds of the company for the gross proceeds of ¥10,000,000,000, 2,523,473 new shares at the price of ¥1,704 for the gross proceeds of the ¥4,299,997,992 and Series 1 Unsecured Convertible Bonds for the gross proceeds of ¥16,300,000,000 and for an total aggregates of ¥30,599,997,992 on May 19, 2026. The transaction involves the new and returning investor participation of Hulic Co., Ltd. for shares and ¥16,300,000,000 bonds and SKY Perfect JSAT Corporation for shares and involvement of international investors for zero coupon bonds. The transaction will happen through third party allocation. The actual number of shares to be issued will be determined by a resolution of the Company’s Board of Directors on May 20, 2026. The transaction is approved by the board of directors. The transaction is expected close on June 5, 2026. The company paid issuance fee of ¥600,997,992 and received net proceeds of ¥29,999,000,000. Buy Or Sell Opportunity • May 07
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 24% to JP¥1,414. The fair value is estimated to be JP¥1,150, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 35% over the last 3 years. Earnings per share has grown by 6.0%. Revenue is forecast to grow by 315% in 2 years. Earnings are forecast to grow by 81% in the next 2 years. Buy Or Sell Opportunity • Mar 30
Now 24% undervalued Over the last 90 days, the stock has risen 38% to JP¥910. The fair value is estimated to be JP¥1,198, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 35% over the last 3 years. Earnings per share has grown by 6.0%. Revenue is forecast to grow by 315% in 2 years. Earnings are forecast to grow by 84% in the next 2 years. Breakeven Date Change • Mar 25
No longer forecast to breakeven The 3 analysts covering Astroscale Holdings no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of JP¥700.0m in 2028. New consensus forecast suggests the company will make a loss of JP¥700.0m in 2028. Reported Earnings • Mar 14
Third quarter 2026 earnings released: JP¥17.37 loss per share (vs JP¥28.92 loss in 3Q 2025) Third quarter 2026 results: JP¥17.37 loss per share (improved from JP¥28.92 loss in 3Q 2025). Revenue: JP¥1.80b (up 132% from 3Q 2025). Net loss: JP¥2.36b (loss narrowed 30% from 3Q 2025). Revenue is forecast to grow 79% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Aerospace & Defense industry in Asia. New Risk • Dec 30
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: JP¥11b Forecast net loss in 2 years: JP¥2.1b This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (JP¥2.1b net loss in 2 years). Shareholders have been diluted in the past year (16% increase in shares outstanding). Reported Earnings • Dec 15
Second quarter 2026 earnings released: JP¥10.70 loss per share (vs JP¥37.45 loss in 2Q 2025) Second quarter 2026 results: JP¥10.70 loss per share (improved from JP¥37.45 loss in 2Q 2025). Revenue: JP¥1.37b (up 182% from 2Q 2025). Net loss: JP¥1.45b (loss narrowed 67% from 2Q 2025). Revenue is forecast to grow 47% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Aerospace & Defense industry in Asia. New Risk • Oct 10
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.9% average weekly change). Minor Risk Shareholders have been diluted in the past year (16% increase in shares outstanding). Buy Or Sell Opportunity • Oct 10
Now 26% undervalued Over the last 90 days, the stock has risen 25% to JP¥843. The fair value is estimated to be JP¥1,134, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last year. Earnings per share has grown by 30%. Revenue is forecast to grow by 405% in 2 years. Earnings are forecast to grow by 75% in the next 2 years. Major Estimate Revision • Sep 19
Consensus estimates of losses per share improve by 12% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from JP¥6.01b to JP¥6.43b. EPS estimate increased from -JP¥80.18 per share to -JP¥70.32 per share. Aerospace & Defense industry in Japan expected to see average net income growth of 55% next year. Consensus price target of JP¥1,050 unchanged from last update. Share price was steady at JP¥693 over the past week. Breakeven Date Change • Sep 18
No longer forecast to breakeven The 3 analysts covering Astroscale Holdings no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of JP¥385.2m in 2028. New consensus forecast suggests the company will make a loss of JP¥500.0m in 2028. Reported Earnings • Sep 14
First quarter 2026 earnings released: JP¥9.23 loss per share (vs JP¥80.98 loss in 1Q 2025) First quarter 2026 results: JP¥9.23 loss per share (improved from JP¥80.98 loss in 1Q 2025). Revenue: JP¥1.25b (up 422% from 1Q 2025). Net loss: JP¥1.21b (loss narrowed 86% from 1Q 2025). Revenue is forecast to grow 46% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Aerospace & Defense industry in Asia. New Risk • Aug 06
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Shareholders have been diluted in the past year (16% increase in shares outstanding). Reported Earnings • Aug 02
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: JP¥189 loss per share (further deteriorated from JP¥101 loss in FY 2024). Revenue: JP¥2.46b (down 14% from FY 2024). Net loss: JP¥21.6b (loss widened 135% from FY 2024). Revenue missed analyst estimates by 75%. Earnings per share (EPS) also missed analyst estimates by 55%. Revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Aerospace & Defense industry in Asia. Major Estimate Revision • Jul 02
Consensus revenue estimates fall by 21% The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from JP¥15.5b to JP¥12.2b. Forecast losses increased from -JP¥52.35 to -JP¥61.18 per share. Aerospace & Defense industry in Japan expected to see average net income growth of 39% next year. Consensus price target down from JP¥1,300 to JP¥1,150. Share price was steady at JP¥658 over the past week. Announcement • Jul 02
Astroscale Holdings Inc. to Report Q1, 2026 Results on Sep 12, 2025 Astroscale Holdings Inc. announced that they will report Q1, 2026 results on Sep 12, 2025 Breakeven Date Change • Jul 01
Forecast breakeven date pushed back to 2028 The 3 analysts covering Astroscale Holdings previously expected the company to break even in 2027. New consensus forecast suggests losses will reduce by 63% per year to 2027. The company is expected to make a profit of JP¥1.19b in 2028. Average annual earnings growth of 75% is required to achieve expected profit on schedule. Reported Earnings • Jun 15
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: JP¥189 loss per share (further deteriorated from JP¥101 loss in FY 2024). Revenue: JP¥2.46b (down 14% from FY 2024). Net loss: JP¥21.6b (loss widened 135% from FY 2024). Revenue missed analyst estimates by 75%. Earnings per share (EPS) also missed analyst estimates by 55%. Revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Aerospace & Defense industry in Asia. Announcement • Jun 14
Astroscale Holdings Inc. Provides Consolidated Financial Forecast for the Fiscal Year Ending April 30, 2026 Astroscale Holdings Inc. provided consolidated financial forecast for the fiscal year ending April 30, 2026. For the year, the company expects Revenue to be JPY 5,000 Million, Operating Loss to be JPY 10,300 Million, Loss to be JPY 10,700 Million. Basic Loss per share to be JPY 79.59. Announcement • Jun 13
Astroscale Holdings Inc., Annual General Meeting, Jul 30, 2025 Astroscale Holdings Inc., Annual General Meeting, Jul 30, 2025. Breakeven Date Change • May 15
Forecast breakeven date pushed back to 2028 The 3 analysts covering Astroscale Holdings previously expected the company to break even in 2027. New consensus forecast suggests the company will make a profit of JP¥1.65b in 2028. Average annual earnings growth of 64% is required to achieve expected profit on schedule. Announcement • May 09
Astroscale Holdings Inc. has filed a Follow-on Equity Offering. Astroscale Holdings Inc. has filed a Follow-on Equity Offering.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 18,000,000
Transaction Features: Rule 144A Announcement • Apr 03
Astroscale Holdings Inc. to Report Fiscal Year 2025 Results on Jun 13, 2025 Astroscale Holdings Inc. announced that they will report fiscal year 2025 results on Jun 13, 2025 Announcement • Jan 17
Astroscale Holdings Inc. to Report Q3, 2025 Results on Mar 14, 2025 Astroscale Holdings Inc. announced that they will report Q3, 2025 results on Mar 14, 2025 Reported Earnings • Dec 16
Second quarter 2025 earnings released: JP¥37.46 loss per share (vs JP¥36.95 loss in 2Q 2024) Second quarter 2025 results: JP¥37.46 loss per share (further deteriorated from JP¥36.95 loss in 2Q 2024). Revenue: JP¥486.4m (down 43% from 2Q 2024). Net loss: JP¥4.37b (loss widened 30% from 2Q 2024). Revenue is forecast to grow 45% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Aerospace & Defense industry in Asia. Announcement • Oct 02
Astroscale Holdings Inc. to Report Q2, 2025 Results on Dec 13, 2024 Astroscale Holdings Inc. announced that they will report Q2, 2025 results on Dec 13, 2024 New Risk • Sep 17
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings are forecast to decline by an average of 0.5% per year for the foreseeable future. Reported Earnings • Sep 15
First quarter 2025 earnings released First quarter 2025 results: JP¥80.98 loss per share. Net loss: JP¥8.58b (flat on 1Q 2024). Revenue is forecast to grow 71% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Aerospace & Defense industry in Asia. Reported Earnings • Aug 04
Full year 2024 earnings released: JP¥101 loss per share (vs JP¥111 loss in FY 2023) Full year 2024 results: JP¥101 loss per share (improved from JP¥111 loss in FY 2023). Revenue: JP¥2.85b (up 59% from FY 2023). Net loss: JP¥9.18b (flat on FY 2023). Revenue is forecast to grow 65% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Aerospace & Defense industry in Asia. Announcement • Jul 26
Astroscale Holdings Inc. to Report Q1, 2025 Results on Sep 13, 2024 Astroscale Holdings Inc. announced that they will report Q1, 2025 results on Sep 13, 2024 Reported Earnings • Jun 17
Full year 2024 earnings released: JP¥101 loss per share (vs JP¥111 loss in FY 2023) Full year 2024 results: JP¥101 loss per share (improved from JP¥111 loss in FY 2023). Revenue: JP¥2.85b (up 59% from FY 2023). Net loss: JP¥9.18b (flat on FY 2023). Announcement • Jun 13
Astroscale Holdings Inc. to Report Fiscal Year 2024 Results on Jun 13, 2024 Astroscale Holdings Inc. announced that they will report fiscal year 2024 results on Jun 13, 2024 Announcement • Jun 06
Astroscale Holdings Inc. has completed an IPO in the amount of ¥21.18982 billion. Astroscale Holdings Inc. has completed an IPO in the amount of ¥21.18982 billion.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 22,169,200
Price\Range: ¥850
Discount Per Security: ¥56.53
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 2,760,000
Price\Range: ¥850
Discount Per Security: ¥56.53
Transaction Features: Rule 144A; Sponsor Backed Offering Board Change • Jun 05
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.