Komori
Business alliance7603Gyet Co.,Ltd.Retail

Notice of Entering into a Basic Agreement under a Business Cooperation Framework for the Use of Immersion Cooling Technology to Advance the Development of a Generative AI Infrastructure Data Center Concept

To advance the development of its data center business for generative AI, the Company has established a framework for a basic agreement to cooperate with a domestic business operator on data center-related businesses utilizing immersion cooling technology. The parties are still at the stage of discussing specific equipment installations, customers, investment amounts and the timing of business commencement.

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Direction
Neutral
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Scale
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Wording
Avoiding a definitive answer
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Agreements reached under this partnership

Business alliance
Details of the alliance
  1. 1

    Planning and implementation of data center-related businesses

  2. 2

    Development

  3. 3

    Ticket sales

  4. 4

    Implementation support

  5. 5

    Operations

  6. 6

    Promotion

  7. 7

    Other activities agreed upon by both parties

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 domestic business operator with technology and expertise in handling immersion cooling systems, server-related businesses, and the construction and operation of data centers, among other areas
LocationDomestic
Impact on Business Performance

The Company expects the execution of this basic agreement itself to have a minor impact on its consolidated results.

Agreements reached under this partnership
ItemDetails
Alliance partner's business activitiesA domestic business operator with technology and expertise in handling immersion cooling systems, server-related businesses, and the construction and operation of data centers, among other areas
Alliance partner's locationDomestic
Type of allianceBusiness alliance
Details of the alliancePlanning and implementation of data center-related businesses, Development, Ticket sales, Implementation support, Operations, Promotion, Other activities agreed upon by both parties
Impact on Business PerformanceThe Company expects the execution of this basic agreement itself to have a minor impact on its consolidated results.
Items this document does not state (18)
Name of alliance partnerAlliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeNumber of shares acquiredAcquisition priceShareholding ratioOverview of the joint ventureOwnership ratioDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding PolicyDate of board resolutionContract DateAlliance 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.

To address the increasing density of high-performance computing equipment, such as GPUs for generative AI, reduce the electricity required for cooling, make effective use of limited power-receiving capacity and installation space, and lead to improved future business profitability and revenue opportunities.

How to read this page

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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.
Notice of Entering into a Basic Agreement under a Business Cooperation Framework for the Use of Immersion Cooling Technology to Advance the Development of a Generative AI Infrastructure Data Center Concept | Gyet Co.,Ltd. (7603) timely disclosure | Komori