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Business alliance3777Environment Friendly Holdings Corp.Information and Communications, Services and Others

Notice of the Execution of a Memorandum of Understanding (MOU) Regarding the Granting of Preferred Negotiation Rights for Phase 1 of the Tomakomai AI Data Center (10 MW Supply Capacity)

ATT, a consolidated subsidiary, has entered into a memorandum of understanding granting Verda Cloud Oy preferential negotiating rights toward execution of a definitive agreement covering the full 10 MW supply capacity of Phase I of the Tomakomai AI Data Center. The usage fees, contract term and other terms of the definitive agreement have not yet been finalized.

Worth reading
56In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
10
MW
Wording
Avoiding a definitive answer
How definitive the wording is.

Agreements reached under this partnership

Business alliance
3777Environment Friendly Holdings Corp.
Alliance partnerVerda Cloud Oy
Details of the alliance
  1. 1

    Subject of the agreement: AI data center colocation services

  2. 2

    Facility covered: Phase I of the Tomakomai AI Data Center

  3. 3

    Capacity covered: 10 MW of supply capacity, representing the entire supply capacity of Phase I

  4. 4

    Granting of preferential negotiating rights toward execution of a definitive agreement

  5. 5

    Application of deposit: Upon execution of the definitive agreement, part of the deposit will be applied toward an amount equivalent to 6 months of colocation usage fees (Service Fee).

  6. 6

    Target start of use: After the scheduled start of operations of Phase I

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

About the partner
Business DescriptionA technology company based in Helsinki, Finland, providing AI cloud services
LocationHelsinki, Finland
Impact on Business Performance

The impact of this matter on consolidated results for the fiscal year ending December 2026 has not yet been determined. Annual colocation usage fees are estimated for reference at approximately ¥2.4–2.5 billion, but have not been incorporated into the earnings forecast at this time.

Date of board resolution17 July 2026Contract Date17 July 2026Alliance start dateAfter the scheduled start of operations of Phase IContract PeriodThe parties will discuss the start date of use, contract term, usage fees and other matters in future negotiations. Except for certain provisions, the agreement is not legally binding.
Agreements reached under this partnership
ItemDetails
Name of alliance partnerVerda Cloud Oy
Alliance partner's business activitiesA technology company based in Helsinki, Finland, providing AI cloud services
Alliance partner's locationHelsinki, Finland
Type of allianceBusiness alliance
Details of the allianceSubject of the agreement: AI data center colocation services, Facility covered: Phase I of the Tomakomai AI Data Center, Capacity covered: 10 MW of supply capacity, representing the entire supply capacity of Phase I, Granting of preferential negotiating rights toward execution of a definitive agreement, Application of deposit: Upon execution of the definitive agreement, part of the deposit will be applied toward an amount equivalent to 6 months of colocation usage fees (Service Fee)., Target start of use: After the scheduled start of operations of Phase I
Contract PeriodThe parties will discuss the start date of use, contract term, usage fees and other matters in future negotiations. Except for certain provisions, the agreement is not legally binding.
Date of board resolution17 July 2026
Contract Date17 July 2026
Alliance start dateAfter the scheduled start of operations of Phase I
Impact on Business PerformanceThe impact of this matter on consolidated results for the fiscal year ending December 2026 has not yet been determined. Annual colocation usage fees are estimated for reference at approximately ¥2.4–2.5 billion, but have not been incorporated into the earnings forecast at this time.
Items this document does not state (12)
Alliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeNumber of shares acquiredAcquisition priceShareholding ratioOverview of the joint ventureOwnership ratioDispatch of directors and officersShareholding PolicyShare 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.

The Company believes that the main factors leading to the execution of this MOU were Verda's assessment of the Tomakomai AI Data Center's stable power supply environment, high cooling efficiency resulting from its cool climate and potential to expand supply capacity in the future. The expansion of AI demand, which has made securing computing infrastructure an important management issue for AI cloud service providers, is also a factor behind the agreement.

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Notice of the Execution of a Memorandum of Understanding (MOU) Regarding the Granting of Preferred Negotiation Rights for Phase 1 of the Tomakomai AI Data Center (10 MW Supply Capacity) | Environment Friendly Holdings Corp. (3777) timely disclosure | Komori