～ Contributing to improving the reliability of carbon credits through the utilization of satellite data～
Green Carbon Inc. (CEO: Jun Okita, hereinafter “Green Carbon”), which develops a nature-based carbon credit generation and sales business, is pleased to announce that it has entered into a capital and business alliance with SKY Perfect JSAT Holdings Inc.(Head Office: Minato-ku, Tokyo; President and Representative Director: Eiichi Yonekura; hereinafter “SKY Perfect JSAT”).
By combining SKY Perfect JSAT’s satellite data technology with Green Carbon’s experience and expertise in generating carbon credits both in Japan and overseas, the two companies will promote collaboration aimed at expanding their businesses in the carbon credit field and contributing to the resolution of global issues and the realization of a decarbonized society.
◆Background of the Capital and Business Alliance
Green Carbon is engaged in the creation of nature-based carbon credits, primarily in Southeast Asia, and is developing projects across a wide range of fields including forest conservation, rice paddies, biochar, livestock waste reduction, mangrove planting, and carbon farming. The company develops carbon credit generation projects suited to the characteristics of natural resources in each region and achieves efficient and highly transparent project management through site selection and monitoring using satellite data.
SKY Perfect JSAT provides environmentally friendly services with low CO₂ emissions, as its satellites are operated using solar energy. In addition to aiming to achieve carbon neutrality in its group business activities by fiscal year 2025, the company is taking a proactive approach toward global decarbonization—not only through reducing its own emissions but also by contributing to decarbonization on a worldwide scale. Furthermore, since 2024, SKY Perfect JSAT has established an investment fund of approximately 10 billion yen for domestic and international space-related startups and other ventures.
In light of the above background, SKY Perfect JSAT has recognized the future potential of Green Carbon’s carbon credit generation business and, anticipating synergies with SKY Perfect JSAT’s space intelligence business that utilizes satellite data, the two companies have decided to enter into a capital and business alliance.
Through this collaboration, the companies aim to generate synergistic effects across environmental, social, and economic dimensions, expand their presence in both the space and carbon credit sectors, contribute to solving global challenges, and create new value toward a sustainable future.
◆Comments from Each Company
〇Green Carbon Inc.
CEO: Jun Okita
We are very pleased to have the opportunity to collaborate with SKY Perfect JSAT, a company that supports the Earth’s cycles from the perspective of space. This partnership represents a significant step forward in expanding our vision of “saving the Earth through the power of life” from a broader, cosmic viewpoint.
By combining SKY Perfect JSAT’s satellite data with Green Carbon’s on-the-ground expertise in nature-based carbon credits, we are confident that we can capture changes on Earth with greater precision and build a highly reliable decarbonization framework. Through the resonance of nature and technology, we aim to leave behind a planet that future generations can be proud of.
〇SKY Perfect JSAT Holdings Inc.
President and Representative Director: Eiichi Yonekura
For the past 40 years, SKY Perfect JSAT has been engaged in the space business as a space industry pioneer. We are currently in the process of procuring low Earth orbit observation satellites and expanding our business domain in space intelligence. The carbon credit field, however, represents a new challenge for our company.
Through this capital and business alliance, by combining Green Carbon’s expertise with the highly accurate satellite data we provide, we are confident that we can contribute to the creation of reliable carbon credits and the development of the market. We also hope that the initiatives of both companies will help address global challenges and lead to the realization of a sustainable society.
◆Overview of SKY Perfect JSAT’s 10 Billion Yen Investment Framework
(1) Investment Objective
To co-create new space businesses and build a sustainable future by combining SKY Perfect JSAT’s expertise and assets with the innovative technologies of various startups.
(2) Investment Scale
10 billion yen
(3) Investment Targets
Domestic and international space-related startups and space-focused venture capital funds
(4) Investment Areas
Fields related to the growth of SKY Perfect JSAT’s space business, including:
- Communications via geostationary satellites
- Space intelligence through data from low Earth orbit satellites
- Other frontier domains in the space industry
(5) Investment Period
Through 2030
(6) Release : https://www.skyperfectjsat.space/jp/news/_100
◆ Green Carbon Inc.
Representative: Jun Okita, CEO
Head Office: PREX North 9F, 2-3-2 Kojimachi, Chiyoda-ku, Tokyo, Japan
Established: December 2019
Business Activities: Development and sales of carbon credits, agriculture-related projects, environmental projects, other related businesses, and ESG consulting
Website: https://green-carbon.co.jp/en/
◆SKY Perfect JSAT Holdings Inc.
Representative: Eiichi Yonekura, President and Representative Director
Head Office: Akasaka Intercity AIR, 1-8-1 Akasaka, Minato-ku, Tokyo 107-0052, Japan
Established: November 10, 1994
Business Activities: Space business, media business
Website: https://www.skyperfectjsat.space/
◆ About Green Carbon
Guided by the vision of “Harnessing the power of life to save the Earth,” Green Carbon develops and supports projects that generate, register, and sell nature-based carbon credits both in Japan and abroad. The company is also engaged in agriculture-related businesses, R&D initiatives, and ESG consulting.
Its business activities span Japan, Southeast Asia, Australia, and South America, creating credits from rice paddies, biochar, forest conservation, carbon farming, mangrove planting, and cattle methane reduction. In Japan, Green Carbon obtained certification in FY2023 for the country’s first and one of the largest-scale rice paddy J-Credit projects (approx. 6,220 t). In FY2024, the company plans to expand this initiative to around 40,000 ha (approx. 80,000 t).
Green Carbon also provides “Agreen,” a one-stop platform service that streamlines the entire process of credit registration, application, and sales. By simplifying procedures and documentation, the service reduces the administrative burden on credit creators.