Worth reading
38Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
3938000000
¥ (including tax)Wording
Conditional
How definitive the wording is.This transaction
Execution of a construction contract for a 66 kV extra-high-voltage substation and acquisition of related fixed assetsCounterpartyYURTEC CORPORATION
Disclosing companyEnvironment Friendly Holdings Corp.
TimelineThe spacing between the points is proportional to the actual number of days.
Consideration and expenses
Acquisition price¥3,938,000,000 (including tax); ¥3,580,000,000 excluding tax
Type of ConsiderationCash (acquisition funds will consist of internal funds and funds raised through the exercise of stock acquisition rights, among others)
Funding arrangementsInternal funds and funds raised through the exercise of stock acquisition rights, among others. The Company is also considering financing through borrowings from financial institutions and other means.
Impact on Business Performance
The impact on consolidated results for the fiscal year ending December 2026 is expected to be immaterial.
| Item | Details |
|---|---|
| Transaction name | Execution of a construction contract for a 66 kV extra-high-voltage substation and acquisition of related fixed assets |
| Counterparty name | YURTEC CORPORATION |
| Acquisition price | ¥3,938,000,000 (including tax); ¥3,580,000,000 excluding tax |
| Type of Consideration | Cash (acquisition funds will consist of internal funds and funds raised through the exercise of stock acquisition rights, among others) |
| Funding arrangements | Internal funds and funds raised through the exercise of stock acquisition rights, among others. The Company is also considering financing through borrowings from financial institutions and other means. |
| Impact on Business Performance | The impact on consolidated results for the fiscal year ending December 2026 is expected to be immaterial. |
| Date of board resolution | 19 June 2026 |
| Contract Date | 19 June 2026 |
| Execution Date / Effective Date | 13 December 2027 (scheduled acquisition date, scheduled construction completion date and scheduled handover date) |
Items this document does not state (23)
Name of the Subject CompanyBusiness Description of the Subject CompanyLocation 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 percentageGoodwill 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.To develop the large-capacity, stable power supply infrastructure required to operate the AI data center and prepare for a future expansion to a receiving capacity of approximately 50 MW. The Company considers this a significant milestone marking the AI data center business's transition from the planning and preparation stage to the full-scale infrastructure development stage.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.