GMO Internet Group Revamps Board With New Independent Audit Director

GMO Internet ( (JP:9449) ) has shared an update.

GMO Internet Group has proposed a slate of nine directors for approval at its March 19, 2026 annual shareholders’ meeting, maintaining three independent external directors so that they account for at least one-third of the board. The move underscores the group’s commitment to governance standards while preserving continuity in top management, with Founder and Group CEO Masatoshi Kumagai and other key executives set to retain their current roles.

The company is also strengthening its audit and oversight framework by appointing certified public accountant Junko Kotakemori as a new independent director and Audit and Supervisory Committee member, bringing extensive experience in accounting, auditing, and corporate governance. She will replace independent director and audit committee member Keigo Ogura, who is slated to retire at the end of the upcoming shareholders’ meeting, marking a controlled transition in the board’s independent oversight lineup.

The most recent analyst rating on (JP:9449) stock is a Hold with a Yen4339.00 price target. To see the full list of analyst forecasts on GMO Internet stock, see the JP:9449 Stock Forecast page.

More about GMO Internet

GMO Internet Group, Inc. is a Japan-based technology conglomerate listed on the TSE Prime Market, operating across internet infrastructure, online payments, and related digital services. Through subsidiaries such as GMO Payment Gateway and GMO Internet, the group focuses on payment processing, security, and internet infrastructure solutions for corporate and consumer clients in Japan and abroad.

YTD Price Performance: -19.40%

Average Trading Volume: 272,454

Technical Sentiment Signal: Buy

Current Market Cap: Yen329.4B

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