TYO:9348

6 stories mentioning TYO:9348Updated 9d ago

Every FINWIRES story that references TYO:9348, newest first.

Japanese Stocks Fall as Chip Shares Slide on AI Investments Concerns, Oil Gains

Japanese stocks fell to close in the red, extending the sell-off in chip shares amid deepening investor concerns over returns on high levels of artificial intelligence spending ahead of earnings from US big tech firms.The benchmark Nikkei 225 closed down 930.73 points, or 1.49%, at 61,434.19.Oil prices gained after Iran resumed attacks on the US bases in the Middle East, ending a temporary truce and heightening concerns over future escalation, even as the US said it intercepted the attacks launched from Iran.On the corporate side, Mitsubishi Heavy Industries (TYO:7011) and ispace (TYO:9348) signed a contract for the launch of the new lander Ultra for a lunar landing mission scheduled for 2028, according to a Wednesday release.Also, Komatsu (TYO:6301) posted a 5.4% year-over-year increase in profit attributable to owners of the parent to 96.2 billion yen for the three months ended June 30 from 91.2 billion yen.

Nikkei 225TYO:7011TYO:9348

Asia9d ago

Mitsubishi Heavy Industries, ispace Sign Contract on New Lunar Module Launch

Mitsubishi Heavy Industries (TYO:7011) and ispace (TYO:9348) have signed a contract for the launch of the new lander Ultra for a lunar landing mission scheduled for 2028, according to a Wednesday release.The Ultra mission will use H3, the Japanese flagship rocket developed by Mitsubishi Heavy Industries.The partnership aims to build a privately led Japanese lunar transportation system with a domestically produced lander and rocket.The project has obtained a grant from the Ministry of Economy, Trade and Industry's Small Business Innovation Research (SBIR) program.Shares of Mitsubishi Heavy Industries and ispace both fell more than 2% in recent trade.

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Asia14d ago

ispace Unit, European Space Agency Sign EUR65 Million ESA Lunar Rove Deal

ispace's (TYO:9348) Luxembourg unit, ispace EUROPE, signed a supplemental agreement with the European Space Agency worth 65 million euros to develop a lunar rover for the MAGPIE mission.The Phase 2 agreement covers the rover's development, manufacturing, operation and transportation, according to a Friday Japan Exchange filing.The rover is planned to fly as a payload on ispace's Mission 4, scheduled for launch in 2029.The company said the contract has already been factored into its earnings forecast for the fiscal year ending March 2027.

TYO:9348

Asia29d ago

Ispace to Launch Lunar Transportation Service Using SpaceX's Starship

ispace (TYO:9348) said it will launch a new lunar transportation service using payload space aboard SpaceX's Starship, according to a Wednesday filing.The company has secured 500 kilograms of payload capacity on a Starship mission scheduled to be launched by 2030 and will offer customers with less than 500 kg payload delivery needs comprehensive transport services to the Moon.The company will provide end-to-end support, including payload integration, transportation, and lunar surface operations, and the offering supports its strategy to become a lunar access integrator.

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Asia73d ago

ispace Signs $1 Million Contract to Transport Lunar Container to Moon

ispace (TYO:9348) signed an agreement worth $1 million with JALUX, a Japan Airlines (TYO:9201) trading company, to transport a dedicated lunar container called Mobius Ark to the moon's surface, according to a Tokyo bourse filing on Tuesday.The agreement follows a memorandum of understanding signed in November 2025 among ispace and three JAL Group companies to explore collaboration in lunar transportation and operations.The payload, which carries cultural artifacts, is expected to be launched on ispace's Mission 3 scheduled for 2028.

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Asia107d ago

Ispace to Borrow 1 Billion Yen, Repay 500 Million Yen Debt

Ispace (TYO:9348) said it will borrow 1 billion yen and repay 500 million yen in existing debt as part of refinancing efforts, according to a Wednesday filing on the Tokyo Stock Exchange.The new one-year loan from Asahi Shinkin Bank will be used for working capital, while the repayment relates to a loan taken in April 2025.

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