Agreements reached under this partnership
Business Alliances- 1
Assessing business viability based on power costs and facility efficiency
- 2
Considering the introduction and operation of mining equipment
- 3
Considering integrated models combining natural gas and renewable energy
- 4
Considering the development of sites in Japan and overseas
- 5
Formulating an implementation plan led by S Crypto Energy Inc.
- 6
Selecting candidate sites and considering land utilization
- 7
Designing grid connections and power infrastructure
- 8
Establishing business schemes and operating structures
- 9
Considering facility configurations based on power demand characteristics
- 10
Stabilizing power supply and optimizing costs using battery storage
- 11
Considering the introduction of GPU servers and network equipment
- 12
Sharing information on market trends and business schemes
- 13
Jointly assessing business viability, profitability and risks
- 14
Selecting business partners and creating opportunities
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
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).
The impact of this business alliance on the Company’s results is currently under review. If specific results or a quantifiable impact are expected going forward, the Company will make a timely disclosure.
| Item | Details |
|---|---|
| Name of alliance partner | S Crypto Energy Inc. (formerly S Science Co., Ltd.) |
| Alliance partner's business activities | Crypto asset business, metals business, and real estate business |
| Alliance partner's location | 8-9-13 Ginza, Chuo-ku, Tokyo |
| Alliance partner's capital | ¥2,269 million (as of 31 March 2026) |
| Alliance partner's net sales | ¥1,441 million (fiscal year ended March 2026) |
| Alliance partner's operating income | Operating loss of ¥146 million (fiscal year ended March 2026) |
| Type of alliance | Business Alliances |
| Details of the alliance | Assessing business viability based on power costs and facility efficiency, Considering the introduction and operation of mining equipment, Considering integrated models combining natural gas and renewable energy, Considering the development of sites in Japan and overseas, Formulating an implementation plan led by S Crypto Energy Inc., Selecting candidate sites and considering land utilization, Designing grid connections and power infrastructure, Establishing business schemes and operating structures, Considering facility configurations based on power demand characteristics, Stabilizing power supply and optimizing costs using battery storage, Considering the introduction of GPU servers and network equipment, Sharing information on market trends and business schemes, Jointly assessing business viability, profitability and risks, Selecting business partners and creating opportunities |
| Number of shares acquired | 285,000 units (28,500,000 potential shares) |
| Acquisition price | Not applicable. |
| Dispatch of directors and officers | No dispatch of officers is planned under this business alliance. |
| Shareholding Policy | S Crypto Energy Inc. does not intend to acquire control of the Company and has no policy of becoming involved in its management. It has confirmed that it will hold a certain number of shares acquired through the exercise of these stock acquisition rights, while exercising the stock acquisition rights in stages through sales in the market. |
| Date of board resolution | 21 May 2026 |
| Contract Date | 21 May 2026 |
| Alliance start date | 8 June 2026 (scheduled) |
| Impact on Business Performance | The impact of this business alliance on the Company’s results is currently under review. If specific results or a quantifiable impact are expected going forward, the Company will make a timely disclosure. |
Items this document does not state (7)
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 combine S Crypto Energy Inc.’s knowledge of investment in and development of land and power-related businesses with the Company’s business development capabilities and operational expertise, thereby developing its mining and battery storage and AI data center businesses and establishing an execution structure.