マルセイユ : The advantages of Joby include being 100 kilometers faster than Archer's Midnight in terms of aircraft performance, being a hydrogen-powered electric VTOL, and vertically integrated as a corporate system.
Archer takes a strategy of rapid deployment through supply from various companies (production by stellantis nv). The good thing about this is that it makes it easier to pass FAA certification by sourcing from existing suppliers, but the downside is that, like stellantis nv, existing suppliers are strictly for manufacturing and not for development. In other words, in terms of development, it comes with disadvantages in the development competition because suppliers need to be engaged in development.
Joby is capable of internally producing everything within the Joby system, which means excellent capabilities for future expansion (including second-generation aircraft development). The downside is that unlike Archer, Joby does not go through existing suppliers, making FAA certification difficult. However, once this is established, Joby can establish itself as a brand, so it has pros and cons.
Already in terms of technological capabilities, Joby has the advantage, as evidenced by hydrogen electric and aircraft performance, so the winner will be determined when performance based on actual values, not just aircraft price and catalog specifications, is revealed... or so we think?

マルセイユ 株初めて3年目 OP : When it comes to turning a profit, there may be some merit to the corporate structure like boeing...
In terms of profits, Archer's production is controlled by external parties, so it may become a low-profit business, making it reliant on sponsor companies for raising development funds. However, it seems difficult to create a market large enough for mass sales in the early stages.
They may need to create successor aircraft by upgrading Midnight similar to boeing, but relying on suppliers means that unless the overall suppliers improve their product development, it may become a bottleneck and hinder future progress.
On the other hand, Global Strategy is vertically integrated, handling everything from manufacturing to operational systems internally. Once they establish a foundation, they are likely to rise rapidly. The fact that they hold exclusive contracts in Dubai is significant. They have a market where they can securely become pioneers, engage in next-generation aircraft development, and even in a price competition with Archer, the push on the cost side is more effective due to not being dependent on suppliers compared to Archer. Therefore, I think Global Strategy has a valid point in terms of strategic management.

マルセイユ 株初めて3年目 OP : Although belated, if you were to ask why they are pressing for Joby at present, it's because the corporate form and way of adopting strategies are reminiscent of Tesla.
The Archer aircraft may sell as a first generation aircraft, but I don't think it can beat the Joby aircraft that receives backup from Toyota with clean energy or autonomous driving when looking ahead to the second and third generations.
Well, both companies haven't started yet, so no matter which one you press, it doesn't change, but for me, I feel like I'm recommending Joby for these reasons.

マルセイユ : The financial results for the current fiscal year are good, but isn't it because it is calculated that consolidated final profit for the next 7-12 fiscal year (second half) will fall 45.2% from the same period last year to 2.84 billion yen?

マルセイユ chocoH OP : There is no doubt that prices have become affordable due to the recent crash, but the fact that the overseas sales ratio is 65% is an unsettling factor. This is because as early as September, the FOMC is showing a positive attitude towards additional interest rate hikes, so when viewed over the medium to long term, there is a possibility that financial results will deteriorate due to the appreciation of the yen.
Nonetheless, since the dividend yield is 3%, it is also possible to buy it for dividend purposes, and it is also fun to expect that Joby's e-VTOL will be a hit.
Well, it's been a long time since I wrote it, but I wonder if I'll buy it. Considering this yield and future potential, NTT is more delicious.