Worth reading
66In focus
Scored from 4 of 5 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
2432
million bahtWording
Conditional
How definitive the wording is.This transaction
This capital increaseCounterparty (target company)TELEHOUSE (Thailand) Ltd.
Disclosing companyKDDI CORPORATION
The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.
TimelineThe spacing between the points is proportional to the actual number of days.
Target company
Data center business
Location Bangkok, ThailandShare capital Before the capital increase: THB 700 million; after the capital increase: THB 3,132 millionDate of incorporation 5 November 2021
Net SalesTHB 143 million (fiscal year ended March 2025)
Operating profitOperating loss of THB 120 million (fiscal year ended March 2025)
Net income for the current fiscal yearNet loss of THB 187 million (fiscal year ended March 2025)
Net assetsNet assets of THB 209 million (fiscal year ended March 2025)
Consideration and expenses
Acquisition priceTHB 2,432 million (approximately ¥12,282 million) (capital increase amount)
Type of ConsiderationCash (payment for subscription to the capital increase)
Impact on Business Performance
The impact of this capital increase on the Company’s consolidated results for the fiscal year ending March 2027 will be immaterial.
| Item | Details |
|---|---|
| Transaction name | This capital increase |
| Counterparty name | TELEHOUSE (Thailand) Ltd. |
| Name of the Subject Company | TELEHOUSE (Thailand) Ltd. |
| Business Description of the Subject Company | Data center business |
| Location of the Subject Company | Bangkok, Thailand |
| Capital Stock of the Subject Company | Before the capital increase: THB 700 million; after the capital increase: THB 3,132 million |
| Date of Establishment of the Subject Company | 5 November 2021 |
| Net Sales of the Subject Company | THB 143 million (fiscal year ended March 2025) |
| Operating Profit of the Subject Company | Operating loss of THB 120 million (fiscal year ended March 2025) |
| Net Income of the Subject Company | Net loss of THB 187 million (fiscal year ended March 2025) |
| Net Assets of the Subject Company | Net assets of THB 209 million (fiscal year ended March 2025) |
| Acquisition price | THB 2,432 million (approximately ¥12,282 million) (capital increase amount) |
| Type of Consideration | Cash (payment for subscription to the capital increase) |
| Voting rights ownership percentage | Before The Company: 45% (100% through the Company and its subsidiaries) → after The Company: 87.7% (100% in total for the Company’s group) |
| Impact on Business Performance | The impact of this capital increase on the Company’s consolidated results for the fiscal year ending March 2027 will be immaterial. |
| Date of board resolution | 15 April 2026 |
| Execution Date / Effective Date | April 2026 (scheduled) |
Items this document does not state (15)
Expenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Contract DateValuation 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.Global demand for data centers is increasing amid the spread of generative AI and the growing use of cloud services, while the market in Thailand is also expanding against the backdrop of government digitalization policies. To meet strong demand, the target company will additionally acquire land for data center construction and expand its business.
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.