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Business Alliances3777Environment Friendly Holdings Corp.Information and Communications, Services and Others

Notice of the expiration of the MOU term concerning priority negotiating rights for Phase 1 (10 MW) of the Tomakomai AI Data Center and the execution of a mutual confirmation agreement regarding the continuation of discussions with Verda Cloud Oy

The MOU granting Verda Cloud Oy preferential negotiation rights for Phase I of the Tomakomai AI Data Center expired and ended on 1 September 2026. Going forward, the Company will continue non-exclusive, non-binding discussions without preferential or exclusive negotiation rights, while negotiating in parallel with other potential customers.

Worth reading
52Recurring
Scored from 4 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
—
Displayed only when the document provides numerical figures.
Wording
Avoiding a definitive answer
How definitive the wording is.

Agreements reached under this partnership

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

    Granted Verda Cloud Oy the status of preferential negotiator for the execution of the definitive agreement covering the entire supply capacity of Phase I of the Tomakomai AI Data Center (10 MW).

  2. 2

    Make commercially reasonable efforts toward the execution of the definitive agreement and the related service-level agreement (SLA).

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

Supply capacity of 10 MW for Phase I of the Tomakomai AI Data Center. Phase II will add 40 MW, bringing total supply capacity to 50 MW.

About the partner
LocationFinland
Impact on Business Performance

The direct impact on the Company's consolidated results for the fiscal year ending December 2026 is expected to be minor.

Date of board resolution17 July 2026Contract Date3 September 2026 (mutual confirmation agreement)Contract PeriodThis MOU expired and ended on 1 September 2026. It has not been extended, renewed or revived.
Agreements reached under this partnership
ItemDetails
Name of alliance partnerVerda Cloud Oy
Alliance partner's locationFinland
Type of allianceDiscontinuation
Details of the allianceGranted Verda Cloud Oy the status of preferential negotiator for the execution of the definitive agreement covering the entire supply capacity of Phase I of the Tomakomai AI Data Center (10 MW)., Make commercially reasonable efforts toward the execution of the definitive agreement and the related service-level agreement (SLA).
Contract PeriodThis MOU expired and ended on 1 September 2026. It has not been extended, renewed or revived.
Numerical targets under the allianceSupply capacity of 10 MW for Phase I of the Tomakomai AI Data Center. Phase II will add 40 MW, bringing total supply capacity to 50 MW.
Date of board resolution17 July 2026
Contract Date3 September 2026 (mutual confirmation agreement)
Impact on Business PerformanceThe direct impact on the Company's consolidated results for the fiscal year ending December 2026 is expected to be minor.
Items this document does not state (14)
Alliance partner's business activitiesAlliance 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 PolicyAlliance start dateShare 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.

There remained matters requiring further coordination to finalize the key terms of the definitive agreement and service-level agreement.

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.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice of the expiration of the MOU term concerning priority negotiating rights for Phase 1 (10 MW) of the Tomakomai AI Data Center and the execution of a mutual confirmation agreement regarding the continuation of discussions with Verda Cloud Oy | Environment Friendly Holdings Corp. (3777) timely disclosure | Komori