Notice Concerning the Mutual Termination of a Sales Contract for a Latest-Generation, High-Density GPU Computing Platform and Agreement to Refund the Initial Payment | Quantum Solutions Co.,Ltd. (2338) timely disclosure

Worth reading

20Immaterial

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Direction

Mixed performance

Direction inferred from the company’s description.

Scale

8300000

USD

Wording

Conditional

How definitive the wording is.

This transaction

Mutual termination of this agreement and full refund of the initial payment

TimelineThe spacing between the points is proportional to the actual number of days.

Target company

Sales, construction and operational support for AI infrastructure products

Location The Kanto region of Japan

Consideration and expenses

Acquisition priceUSD8,300,000 (initial payment; scheduled to be refunded in full)

Type of ConsiderationCash (initial payment)

Impact on Business Performance

The impact on consolidated results for the fiscal year ending February 2027 is currently under review. The company will promptly disclose any matters requiring disclosure.

This transaction
Item	Details
Transaction name	Mutual termination of this agreement and full refund of the initial payment
Business Description of the Subject Company	Sales, construction and operational support for AI infrastructure products
Location of the Subject Company	The Kanto region of Japan
Acquisition price	USD8,300,000 (initial payment; scheduled to be refunded in full)
Type of Consideration	Cash (initial payment)
Impact on Business Performance	The impact on consolidated results for the fiscal year ending February 2027 is currently under review. The company will promptly disclose any matters requiring disclosure.
Date of board resolution	18 September 2026
Contract Date	7 September 2026
Execution Date / Effective Date	18 September 2026 (date of termination of this agreement)

Items this document does not state (23)

Counterparty nameName 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 percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Valuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement 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.

Because the available supply volume is expected to decrease and the delivery schedule to be extended to approximately 36 weeks, and because specific supply volume, delivery schedule and pricing terms have not been finalized, the company determined that it was necessary to avoid leaving the initial payment on deposit and to ensure the safety and flexibility of its funds.

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