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Other Disclosures8151TOYO CorporationTrading & Wholesale

TOYO Corporation installs an IQM quantum computer at AIST’s G-QuAT quantum and AI technology center

TOYO Corporation has decided to install the purchased IQM quantum computer, IQM Radiance20, at G-QuAT, a research facility of the National Institute of Advanced Industrial Science and Technology (AIST), and has signed a lease agreement with AIST for the installation site. The system is scheduled to begin operation in early 2027 and will provide companies and other organizations in Japan with opportunities to use it for research and development and joint research.

Worth reading
64In focus
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Direction
Improvement
Direction inferred from the company’s description.
Scale
20
qubits
Wording
Conditional
How definitive the wording is.

Announced details

IQM Radiance20Research and development and access opportunities for quantum computers
Applicable field (uses covered by this announcement)
Materials developmentAutonomous driving developmentDefenseDrug DiscoveryEnvironmental engineeringCryptographic communicationsResearch and development and industrial applications of quantum technologies
Launch dateEarly 2027 (予定)
Contract Date6 August 2026 (lease agreement with AIST concerning the installation site) / April 2026 for the purchase and sale agreement with IQM Quantum Computers (month only)
Relationship between the counterparty and the company
TOYO Corporation8151
Relationship with the Company

TOYO Corporation has entered into a sales agency agreement with IQM Quantum Computers for quantum computers. It has entered into a purchase and sale agreement with IQM Quantum Computers and a lease agreement with AIST concerning the installation site.

CounterpartyIQM Quantum ComputersNational Institute of Advanced Industrial Science and Technology (AIST)

IQM Quantum Computers is headquartered in Espoo, Finland, and its CEO is Jan Goetz. AIST is a national research and development agency headquartered in Tokyo, and its president is Ishimura Kazuhiko (石村 和彦). G-QuAT is the Global Research Center for Quantum and AI Fusion Technology Business Development, established by AIST in July 2023.

Location (as indicated in this announcement)

Chiyoda-ku, Tokyo (G-QuAT within AIST's Tokyo Headquarters)

In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.

Source (materials cited by the company)

Cabinet Office, “Quantum Future Society Vision” (22 April 2022)

Announced details
ItemDetails
Names of Products / Services CoveredIQM Radiance20, Research and development and access opportunities for quantum computers
CounterpartyIQM Quantum Computers, National Institute of Advanced Industrial Science and Technology (AIST)
Counterparty overviewIQM Quantum Computers is headquartered in Espoo, Finland, and its CEO is Jan Goetz. AIST is a national research and development agency headquartered in Tokyo, and its president is Ishimura Kazuhiko (石村 和彦). G-QuAT is the Global Research Center for Quantum and AI Fusion Technology Business Development, established by AIST in July 2023.
Relationship with the CompanyTOYO Corporation has entered into a sales agency agreement with IQM Quantum Computers for quantum computers. It has entered into a purchase and sale agreement with IQM Quantum Computers and a lease agreement with AIST concerning the installation site.
Contract Date6 August 2026 (lease agreement with AIST concerning the installation site) / April 2026 for the purchase and sale agreement with IQM Quantum Computers (month only)
Launch dateEarly 2027 (予定)
Applicable areaMaterials development, Autonomous driving development, Defense, Drug Discovery, Environmental engineering, Cryptographic communications, Research and development and industrial applications of quantum technologies
LocationChiyoda-ku, Tokyo (G-QuAT within AIST's Tokyo Headquarters)
SourceCabinet Office, “Quantum Future Society Vision” (22 April 2022)
Items this document does not state (9)
Contract ValueOffering priceAward/certification nameAwarding / certifying bodyRegistration number and expiry dateLocation scaleQuantitative EffectsUsage historyImpact on Business Performance

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 provide access to quantum computers and accelerate the creation of use cases in Japan, the advancement of research and development, talent development, and the formation of a quantum ecosystem.

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TOYO Corporation installs an IQM quantum computer at AIST’s G-QuAT quantum and AI technology center | TOYO Corporation (8151) timely disclosure | Komori