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Notice Regarding the Execution of a Memorandum of Understanding (MOU) Among 5 Companies for the Development and Operation of High-Performance Data Centers Specializing in AI

The Company entered into a memorandum of understanding with 4 companies to establish a joint venture company for the development and operation of an AI-focused, high-performance data center in Japan. The joint venture is planned to be established through joint investment around May 2026, with project-specific SPCs to be placed under it.

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Agreements reached under this partnership

Joint venture
2667ImageONE Co.,Ltd.
Alliance partnerabc株式会社 / ReYuu Japan株式会社 / Wintest Corp. / 株式会社FD
Details of the alliance
  1. 1

    Joint implementation of the planning, development, construction, maintenance, and operation of an AI-focused high-performance data center

  2. 2

    Mutual provision of technologies, networks, and financing capabilities held by each company

  3. 3

    Integration of resources

  4. 4

    Establishment of a project-specific business SPC (special purpose company) under the joint venture

  5. 5

    Arranging project finance and raising funds from external investors, centered on the relevant SPC

  6. 6

    Acquisition of data center operating companies and operation of their businesses, with a target of approximately 10 locations in Japan

These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.

Numerical targets under the alliance

Approximately 10 locations in Japan, IRR (internal rate of return) of at least 6%, Establishment of the joint venture around May 2026

Capital and personnel relationships

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).

Overview of the joint ventureName: AI Data Partners (provisional name); Location: Not disclosed; Business: development and operation of AI-focused, high-performance data centers; Capital: Not disclosed; Ownership ratio: Not disclosed. The company is scheduled to be established through joint investment around May 2026.
About the partner
Business DescriptionOverall coordination, finance and treasury / Demand generation and asset distribution / Hardware and inspection technology / Systems operation and networks
Impact on Business Performance

The impact of entering into this MOU on the Company's results for the fiscal year ending September 2026 is minor.

Contract Date24 April 2026Alliance start date24 April 2026 (the date of execution of this MOU)
Agreements reached under this partnership
ItemDetails
Name of alliance partnerabc株式会社, ReYuu Japan株式会社, Wintest Corp., 株式会社FD
Alliance partner's business activitiesOverall coordination, finance and treasury, Demand generation and asset distribution, Hardware and inspection technology, Systems operation and networks
Type of allianceJoint venture
Details of the allianceJoint implementation of the planning, development, construction, maintenance, and operation of an AI-focused high-performance data center, Mutual provision of technologies, networks, and financing capabilities held by each company, Integration of resources, Establishment of a project-specific business SPC (special purpose company) under the joint venture, Arranging project finance and raising funds from external investors, centered on the relevant SPC, Acquisition of data center operating companies and operation of their businesses, with a target of approximately 10 locations in Japan
Overview of the joint ventureName: AI Data Partners (provisional name); Location: Not disclosed; Business: development and operation of AI-focused, high-performance data centers; Capital: Not disclosed; Ownership ratio: Not disclosed. The company is scheduled to be established through joint investment around May 2026.
Numerical targets under the allianceApproximately 10 locations in Japan, IRR (internal rate of return) of at least 6%, Establishment of the joint venture around May 2026
Contract Date24 April 2026
Alliance start date24 April 2026 (the date of execution of this MOU)
Impact on Business PerformanceThe impact of entering into this MOU on the Company's results for the fiscal year ending September 2026 is minor.
Items this document does not state (14)
Alliance partner's locationAlliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeNumber of shares acquiredAcquisition priceShareholding ratioOwnership ratioDispatch of directors and officersContract PeriodShareholding PolicyDate of board resolutionShare Acquisition Date and Payment DateChange in major shareholders

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.

Demand for high-performance data centers is increasing as the generative AI and big data markets expand. In addition, Japan needs to secure advanced computing resources for economic security and the promotion of digital transformation. The 5 companies aim to combine their respective areas of expertise to provide AI infrastructure, establish a new earnings base, and contribute to Japan's generative AI market.

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Notice Regarding the Execution of a Memorandum of Understanding (MOU) Among 5 Companies for the Development and Operation of High-Performance Data Centers Specializing in AI | ImageONE Co.,Ltd. (2667) timely disclosure | Komori