DAIDO GROUP (00544) plans to establish a joint venture in the United States to acquire two data centers.

DAIDO GROUP (00544) announced that on December 30, 2025, the company entered into a non-binding letter of intent to establish a joint venture entity in Delaware, USA with a third party (joint venture partner) through a direct or indirect wholly-owned subsidiary. The joint venture is expected to be owned 60% by the company's subsidiary and 40% by the joint venture partner. The joint venture is expected to acquire two data centers in the United States from two sellers, which are currently used to provide services for customer bitcoin mining. The total capacity of the target assets is 30 megawatts. The total estimated cost of the potential acquisition is 11.4 million US dollars. The announcement stated that the target assets require specialized warehousing facilities to store computing equipment, manage large power loads, and maintain precise temperature control systems. These factors are also critical to the group's current cold storage business. Therefore, the board of directors believes that the potential acquisition represents a strategic extension of the group's core expertise in managing high-energy industrial infrastructure. Through the potential acquisition, the group plans to transform into a diversified high-end warehouse infrastructure operator, providing precise, stable, and temperature-controlled environments for various assets. This "infrastructure as a service" model will expand beyond the group's current food and beverage business, generating stable recurring income through space leasing and power management fees. Additionally, the acquisition of land and secured power capacity in the United States provides the group with versatile industrial real estate assets that can be used in the future for other high-demand computing areas (such as AI data centers), enhancing the long-term resilience and value of the group's business and assets.