GMO Internet Group to Cut Stake in Core Subsidiary via Secondary Offering, Book ¥40.5bn Gain

GMO Internet ( (JP:9449) ) just unveiled an update.

GMO Internet Group, Inc. will conduct a large secondary offering of 61.5 million shares in consolidated subsidiary GMO Internet, Inc., at 710 yen per share, via an underwriting syndicate, alongside an over-allotment option of 13.73 million shares. The move, intended to satisfy continued listing criteria, will cut the parent’s ownership from 91.9% to 58.1% at maximum but will not change GMO Internet, Inc.’s status as a key subsidiary.

The transaction is expected to generate an extraordinary profit of 40.5 billion yen on a non-consolidated basis, with only minimal effect on consolidated earnings because the subsidiary remains consolidated. GMO Internet Group has also agreed to a lock-up through late October 2026, signaling a commitment to capital stability while broadening the subsidiary’s free float and potentially enhancing its market liquidity and investor base.

The most recent analyst rating on (JP:9449) stock is a Buy with a Yen4500.00 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 that operates across internet infrastructure, including domains, hosting and payments, as well as internet advertising and media services. Through its core subsidiaries, such as GMO Internet, Inc., the group focuses on providing essential online services that underpin digital business and marketing ecosystems in Japan and beyond.

YTD Price Performance: -20.86%

Average Trading Volume: 366,724

Technical Sentiment Signal: Buy

Current Market Cap: Yen318.7B

Find detailed analytics on 9449 stock on TipRanks’ Stock Analysis page.