Agreements reached under this partnership
Business alliance- 1
Development of an AI data center in western Japan
- 2
Planning and development of LNG-fired power plants and other energy infrastructure to supply power to the AI data center
- 3
Consideration of developing power infrastructure, including the acquisition of interests in power plants
- 4
Establishment of a business structure utilizing a limited liability company that is a subsidiary of シンエネルギー開発株式会社, and consideration of an investment or loan by the Company to that limited liability company
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
Development of a 100 MW-class large-scale AI data center in western Japan. Business 1 is scheduled to open in April 2029, and Business 2 is scheduled to open in April 2027.
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).
The ¥600 million upfront payment for the power plant acquisition business, excluding consumption tax, is expected to be accounted for as an advance payment, and its impact on profit or loss for the current fiscal year is expected to be immaterial. Business 1 is expected to contribute to consolidated results from the fiscal year ending April 2029, while Business 2 is expected to affect equity-method or consolidated earnings from the fiscal year ending March 2028.
| Item | Details |
|---|---|
| Name of alliance partner | シンエネルギー開発株式会社 |
| Alliance partner's business activities | Comprehensive consulting on the development and operation of biomass power plants, as well as the development, production and sale of related fuels and other associated businesses |
| Alliance partner's location | Numata, Gunma Prefecture |
| Alliance partner's capital | ¥80 million |
| Type of alliance | Business alliance |
| Details of the alliance | Development of an AI data center in western Japan, Planning and development of LNG-fired power plants and other energy infrastructure to supply power to the AI data center, Consideration of developing power infrastructure, including the acquisition of interests in power plants, Establishment of a business structure utilizing a limited liability company that is a subsidiary of シンエネルギー開発株式会社, and consideration of an investment or loan by the Company to that limited liability company |
| Overview of the joint venture | The parties will consider a business structure utilizing a limited liability company that is a subsidiary of シンエネルギー開発株式会社. Its name, location, business activities, capital contribution and ownership ratio have not been determined. |
| Numerical targets under the alliance | Development of a 100 MW-class large-scale AI data center in western Japan. Business 1 is scheduled to open in April 2029, and Business 2 is scheduled to open in April 2027. |
| Date of board resolution | 6 July 2026 |
| Contract Date | 6 July 2026 |
| Alliance start date | July 2026 (scheduled) |
| Impact on Business Performance | The ¥600 million upfront payment for the power plant acquisition business, excluding consumption tax, is expected to be accounted for as an advance payment, and its impact on profit or loss for the current fiscal year is expected to be immaterial. Business 1 is expected to contribute to consolidated results from the fiscal year ending April 2029, while Business 2 is expected to affect equity-method or consolidated earnings from the fiscal year ending March 2028. |
Items this document does not state (11)
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 accelerate the development of AI data centers and establish energy infrastructure for a stable power supply. The parties will also consider commercialization, including the acquisition and utilization of existing power plants.