Decision and Details
Board of DirectorsBorrowing of funds from Blackwell Cloud Co., Limited (loan agreement)
The funds will be used to build data center infrastructure for the AI data center business, procure GPU servers and related equipment, install power and cooling facilities, develop network and storage environments, and fund working capital and other launch and business development costs. This reflects the funding needs of the Group as a whole in connection with its AIDC business.
Cash and deposits and borrowings are expected to increase in line with the amount drawn. Interest expense will be incurred. The impact on consolidated results for the fiscal year ending February 2027 is currently under review.
| Item | Details |
|---|---|
| Matter Covered | Borrowing of funds from Blackwell Cloud Co., Limited (loan agreement) |
| Decision-Making Body | Board of Directors |
| Decision Date | 9 September 2026 |
| Implementation Date | On or after 9 September 2026 (drawdown scheduled; to be drawn within 2 business days after the drawdown notice) |
| Period Covered | From the drawdown date through 31 December 2027 |
| Amount | Borrowing amount: USD 2,600,000 (approximately ¥399 million, based on an exchange rate of USD 1 = ¥153.34); interest rate: 2.5% per annum |
| Impact on Business Performance | Cash and deposits and borrowings are expected to increase in line with the amount drawn. Interest expense will be incurred. The impact on consolidated results for the fiscal year ending February 2027 is currently under review. |
| Reason | The funds will be used to build data center infrastructure for the AI data center business, procure GPU servers and related equipment, install power and cooling facilities, develop network and storage environments, and fund working capital and other launch and business development costs. This reflects the funding needs of the Group as a whole in connection with its AIDC business. |
| Related previous disclosures | The 7 September 2026 Notice Regarding Borrowing of Funds by a Wholly Owned Subsidiary and Its Cancellation; the 7 September 2026 Notice Regarding Capital Expenditure (Acquisition of Fixed Assets) for the Latest-Generation, High-Density GPU Computing Infrastructure, the First Phase Toward the Full-Scale Development of the AIDC Business |
| Future plans | After the Company sends the drawdown notice to Blackwell, the borrowing is scheduled to be executed within 2 business days. The Company will promptly disclose any material impact on its results or financial condition once it becomes clear. |
Items this document does not state (2)
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.The funds will be used to secure the data center capacity and power capacity required for the AI data center business, procure GPU servers and related equipment, build infrastructure, and fund working capital. Following a renewed review of the borrower, borrowing amount and other financing terms, the Company was designated as the borrower in light of the funding needs of the Group as a whole.