Star seeds Co.,Ltd.
Notice on Procurement and Leasing of Server-related Products by a Consolidated Subsidiary
Consolidated subsidiary SSD approved a transaction to lease 32 AI servers for data centers for 24 months. The lease will be accounted for as an effective sale, with revenue recognized upon equipment acceptance. The transaction total is approximately 29 hundred million yen, expected to contribute to consolidated sales for the fiscal year ending February 2027.
Key Figures
- Transaction total: approx. 29 hundred million yen
- Number of units: 32 AI servers for data centers
- Revenue recognition period: Fiscal year ending February 2027 (may be Fiscal year ending February 2028 depending on acceptance timing)
AI要約
Transaction Overview
Consolidated subsidiary SSD approved its first transaction to procure and lease AI servers for data centers. Thirty-two GPU servers will be provided on a 24-month lease, with ownership transferred free of charge at the end of the lease term. Payment will be received in full prior to delivery, and SSD will bear no financial risk. The transaction is expected to be accounted for as a sale in substance.
Impact and Outlook
Revenue is scheduled to be recognized in the fiscal year ending February 2027 and has been reflected in the company's full-year earnings forecast. However, depending on the timing of equipment delivery and acceptance, recognition may occur in the fiscal year ending February 2028. Any matters requiring disclosure will be announced promptly.
Star seeds Co.,Ltd.
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