Loss of Procurement Advantage Due to the Elimination of the GPU Supply-Demand Gap
First written in FY2025-H1. 4 of 9 entries say "Worsened", first in FY2025. Latest entry: 2026-10-13.
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- 2026-10-13WorsenedOccurring Fact
「As of the date of submission of this interim report, no new purchase order (PO) has been issued, and the specific order and payment dates have not been determined.」
GPUサーバー等の再発注に向けた協議は継続しているが、新たなPO、発注時期および支払時期は未確定であり、調達の具体化には至っていない。 - FY2027-H1WorsenedAnnual report
「Subsequently, in light of the fact that specific supply volumes, delivery dates and other terms had not been finalized, the parties mutually agreed to terminate the relevant sale and purchase agreement on 18 September of the same year,」
The risks concerning the procurement advantage and securing supply of GPUs took concrete form when supply volumes and delivery dates were not finalized after the contract was signed, resulting in the procurement agreement being mutually terminated. - FY2026ReframedAnnual report
「The AIDC business is an asset-intensive business requiring substantial initial capital investment, as well as the securing of GPU equipment, power, data center sites, networks, operational capabilities and customer demand.」
The scope of the risk has broadened from the risk of losing procurement advantages due to GPU supply and demand and US-China supply chains to risks affecting the AIDC business as a whole, including asset-intensive investment, power, sites, networks, operational capabilities and demand. - FY2025WorsenedAnnual report
「In the AI solutions business of the Group, the AIDC business faces the risk of supply chain fragmentation resulting from US-China tensions. If the US government tightens its regulations, the Group's advantage in procuring equipment and components could be impaired.」
A specific factor has been added to the risk of losing the advantage in GPU procurement: tighter US government regulations on the procurement of equipment and components for the AIDC business. - FY2025-H1First statedAnnual report
「If increased production by server manufacturers closes the supply-demand gap or supply-chain fragmentation caused by US-China tensions intensifies further, there is a risk that the Company will be unable to maintain its advantageous position.」
While the Company's purchasing position with KAYTUS and others is an advantage amid tight GPU server inventories, the risk that this advantage may no longer be maintained due to increased production by server manufacturers and supply chain fragmentation resulting from US-China tensions has been identified as a new risk.