The share of satellite company Synspective (TSE:290a) took a heavy hit on the Tokyo Stock Exchange today, with a price drop of 21.4% to 1,104 yen.
There was no clear reason for the sharp decline, which at 300 yen hit the maximum daily limit. On June 10, analysts at Nomura did downgrade their rating for Synspective to hold, but at that time the stock was still trading much higher.
On May 14, the Japanese company, which has not yet turned a profit, reported its quarterly results. Despite today's drop, Synspective remains one of the best-performing stocks in Japan in 2025, still up 102% for the year.
Earlier, we published an article about the space industry in Japan, focusing in particular on Japanese manufacturers of SAR satellites.
Synspective Inc is a Japan-based company engaged in the satellite data business using satellite constellations and data analysis technology. The company manufactures so-called SAR satellites.
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