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GMO Internet Group Transfers Forex Subsidiary to Focus on Growth

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GMO Internet Group Transfers Forex Subsidiary to Focus on Growth

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

GMO Internet Group, Inc. announced that its subsidiary, GMO Financial Holdings, Inc., has decided to transfer all shares of GMO-Z.com Forex HK Limited to Remi Holding Group Limited. This move aligns with GMO-FH’s strategy to strengthen its earnings base and focus on areas with growth potential, thereby enhancing its operational strengths and supporting sustainable growth.

The most recent analyst rating on (JP:9449) stock is a Hold with a Yen4215.00 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. operates in the internet industry, offering a range of services including internet infrastructure, online advertising, internet finance, and cryptocurrency. The company focuses on enhancing its strengths and expanding into new business areas with growth potential.

Average Trading Volume: 244,827

Technical Sentiment Signal: Buy

Current Market Cap: Yen408.2B

For an in-depth examination of 9449 stock, go to TipRanks’ Overview page.

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