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GMO AD Partners Inc. ( (JP:4784) ) has shared an announcement.
GMO Internet, Inc. announced the recording of extraordinary income and losses in the second quarter of 2025 due to a government grant for its GPU hosting service. The grant led to a ¥1,925 million extraordinary income, but also a ¥1,795 million extraordinary loss due to compression accounting for fixed assets. The company expects minimal impact on its financial results for the fiscal year ending December 2025.
More about GMO AD Partners Inc.
GMO Internet, Inc. operates in the technology sector, focusing on internet infrastructure, online advertising, media, and finance-related services. The company is known for its innovative solutions and services, including its GPU hosting service, ‘GMO GPU Cloud,’ which is part of its cloud computing offerings.
Average Trading Volume: 2,728,426
Technical Sentiment Signal: Buy
Current Market Cap: Yen430B
See more insights into 4784 stock on TipRanks’ Stock Analysis page.