Agreements reached under this partnership
Joint venture- 1
The Company entered into an agreement to transfer a 50% interest in 忍者エナジー to PEHJ for a transfer price of US$20,000,000 (approximately ¥3.1 billion).
- 2
With PEHJ as a joint investor, the Company will jointly promote the AI data center business through 忍者エナジー.
- 3
The transfer of the interest will be completed after the full transfer consideration has been received. As the Company will continue overseeing the business operations of 忍者エナジー after the transfer, it plans to retain 忍者エナジー as a consolidated subsidiary.
- 4
As of today, the transfer consideration has not been received, and the counterparty's ability to raise the funds has not been confirmed. The transfer of the interest will be completed after confirming the existence of the funds and receiving the necessary documents.
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
The planned power intake capacity is 41 MW. However, this is a provisional figure as of the present time, and the timing for achieving it is Not disclosed.
This indicates whether the companies will do more than work together, such as holding each other’s shares or seconding personnel (capital and business alliance).
For the fiscal year ending March 2027, the Company expects to record a gain on the sale of shares of an affiliate as extraordinary income in its non-consolidated financial statements for the third quarter. However, the amount is currently under review. In the consolidated financial statements, the transaction is expected to be accounted for as a capital transaction and have no impact on consolidated profit or loss.
| Item | Details |
|---|---|
| Name of alliance partner | POWER ENERGY (THAILAND) COMPANY LIMITED, パワーエナジーホールディングス日本株式会社 |
| Alliance partner's business activities | Power generation using solar and biomass, Operation of grid-scale battery storage facilities, operation of renewable energy businesses, and development and operation of AI data centers |
| Alliance partner's location | Saraburi Province, Thailand, Minato-ku, Tokyo |
| Alliance partner's capital | THB 5,000,000 (approximately ¥23 million), ¥100,000 |
| Type of alliance | Joint venture |
| Details of the alliance | The Company entered into an agreement to transfer a 50% interest in 忍者エナジー to PEHJ for a transfer price of US$20,000,000 (approximately ¥3.1 billion)., With PEHJ as a joint investor, the Company will jointly promote the AI data center business through 忍者エナジー., The transfer of the interest will be completed after the full transfer consideration has been received. As the Company will continue overseeing the business operations of 忍者エナジー after the transfer, it plans to retain 忍者エナジー as a consolidated subsidiary., As of today, the transfer consideration has not been received, and the counterparty's ability to raise the funds has not been confirmed. The transfer of the interest will be completed after confirming the existence of the funds and receiving the necessary documents. |
| Number of shares acquired | 50% interest |
| Acquisition price | US$20,000,000 (approximately ¥3.1 billion) |
| Shareholding ratio | 100% interest → 50% interest（Down 50%） |
| Overview of the joint venture | Name 忍者エナジー合同会社 / Location 2-1-13 Kitahama, Chuo-ku, Osaka / Business Description Data center business (ownership of a site for business operations in Iga, Mie Prefecture) / Capital Contributions Capital: ¥10,000 / Ownership ratio 北浜キャピタルパートナーズ株式会社 50%; パワーエナジーホールディングス日本株式会社 50% (planned) |
| Ownership ratio | The Company 50%; PEHJ 50% (following the transfer) |
| Dispatch of directors and officers | The Company will continue to oversee the business operations of 忍者エナジー as its representative member. The dispatch of directors, corporate auditors or other officers by PEHJ is Not disclosed. |
| Numerical targets under the alliance | The planned power intake capacity is 41 MW. However, this is a provisional figure as of the present time, and the timing for achieving it is Not disclosed. |
| Shareholding Policy | The Company plans to retain 忍者エナジー as a consolidated subsidiary after the transfer. Lock-up and transfer restrictions are Not disclosed. |
| Date of board resolution | 26 October 2026 |
| Contract Date | 26 October 2026 |
| Alliance start date | The date on which receipt of the full transfer consideration is confirmed (planned) |
| Share Acquisition Date and Payment Date | Date of completion of the transfer of the interest: the date on which receipt of the full transfer consideration is confirmed (planned) |
| Impact on Business Performance | For the fiscal year ending March 2027, the Company expects to record a gain on the sale of shares of an affiliate as extraordinary income in its non-consolidated financial statements for the third quarter. However, the amount is currently under review. In the consolidated financial statements, the transaction is expected to be accounted for as a capital transaction and have no impact on consolidated profit or loss. |
Items this document does not state (4)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To diversify funding sources for businesses requiring capital investment, secure a joint investor and promote the AI data center business.