Worth reading
38Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
9512
Millions of yenWording
Avoiding a definitive answer
How definitive the wording is.This transaction
Sale and purchase agreement for the equipment concerned (capital investment concerned)TimelineThe spacing between the points is proportional to the actual number of days.
Execution Date / Effective DateScheduled (delivery, installation, and preparations for operations at a data center in Osaka Prefecture will proceed sequentially; the specific delivery schedule is undisclosed)
Consideration and expenses
Acquisition priceUSD60,985,056 (approximately ¥9,512 million, converted at USD1 = ¥155.97)
Type of ConsiderationCash (bank transfer in accordance with the terms of this agreement)
Funding arrangementsThe initial payment of USD8,300,000 (approximately ¥1,295 million) is scheduled to be paid from internal funds. The Company is considering financing the remaining USD52,685,056 (approximately ¥8,217 million), including a shareholder loan from a major shareholder and advance payments under long-term GPU computing resource usage agreements with customers; however, the amount and terms have not been finalized.
Impact on Business Performance
The impact on consolidated results for the fiscal year ending February 2027 is currently under review, including the delivery schedule, the start of operations, depreciation, financing, and commercial terms with customers.
Procedures and assumptions
Conditions Precedent to ExecutionCompletion by the Company of its review of the acquisition counterparty, including its creditworthiness and legal and regulatory compliance, is a condition precedent to the payment obligation. If the review identifies matters that make acceptance difficult, the Company may suspend payment or terminate the agreement, among other measures. In addition, the agreement may be terminated, delivery may be delayed, or operations may not commence as scheduled due to GPU supply conditions, logistics, or other circumstances.
| Item | Details |
|---|---|
| Transaction name | Sale and purchase agreement for the equipment concerned (capital investment concerned) |
| Acquisition price | USD60,985,056 (approximately ¥9,512 million, converted at USD1 = ¥155.97) |
| Type of Consideration | Cash (bank transfer in accordance with the terms of this agreement) |
| Funding arrangements | The initial payment of USD8,300,000 (approximately ¥1,295 million) is scheduled to be paid from internal funds. The Company is considering financing the remaining USD52,685,056 (approximately ¥8,217 million), including a shareholder loan from a major shareholder and advance payments under long-term GPU computing resource usage agreements with customers; however, the amount and terms have not been finalized. |
| Impact on Business Performance | The impact on consolidated results for the fiscal year ending February 2027 is currently under review, including the delivery schedule, the start of operations, depreciation, financing, and commercial terms with customers. |
| Date of board resolution | 1 September 2026 (approval of discussions toward execution of the agreement); 7 September 2026 (resolution to acquire the equipment based on the final contractual terms) |
| Contract Date | 7 September 2026 |
| Execution Date / Effective Date | Scheduled (delivery, installation, and preparations for operations at a data center in Osaka Prefecture will proceed sequentially; the specific delivery schedule is undisclosed) |
| Conditions Precedent to Execution | Completion by the Company of its review of the acquisition counterparty, including its creditworthiness and legal and regulatory compliance, is a condition precedent to the payment obligation. If the review identifies matters that make acceptance difficult, the Company may suspend payment or terminate the agreement, among other measures. In addition, the agreement may be terminated, delivery may be delayed, or operations may not commence as scheduled due to GPU supply conditions, logistics, or other circumstances. |
Items this document does not state (23)
Counterparty nameName of the Subject CompanyBusiness Description of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyExpenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageGoodwill amountAmount of extraordinary income (loss)Valuation methodologyIndependent valuation institutionSpecial CommitteeManagement structure after acquisition
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 secure GPU computing resources for the AIDC business and advance the development of a domestic AI data center business. The infrastructure will be used to support the training of large-scale AI models, inference for generative AI services, and advanced HPC workloads, among other applications.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.