Top Page
GMO Internet
(9449)
GMO Internet (9449) vs. iShares MSCI Japan ETF (EWJ)
GMO Internet Business Overview & Revenue Model
GMO Internet Earnings Call Summary
GMO Internet Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 283.48B | 277.41B | 258.64B | 245.70B | 241.45B | 210.56B |
| Gross Profit | 169.17B | 166.14B | 153.13B | 149.89B | 128.82B | 105.68B |
| EBITDA | 68.81B | 62.83B | 55.74B | 72.25B | 50.61B | 38.97B |
| Net Income | 16.37B | 13.37B | 14.19B | 13.21B | 17.53B | 10.28B |
Balance Sheet | ||||||
| Total Assets | 2.10T | 2.15T | 1.76T | 1.54T | 1.42T | 1.07T |
| Cash, Cash Equivalents and Short-Term Investments | 865.53B | 975.72B | 905.44B | 353.69B | 248.59B | 281.24B |
| Total Debt | 539.78B | 554.87B | 473.57B | 391.16B | 294.66B | 208.38B |
| Total Liabilities | 1.90T | 1.96T | 1.58T | 1.39T | 1.28T | 970.43B |
| Stockholders Equity | 86.54B | 86.40B | 82.60B | 72.22B | 73.60B | 50.97B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 58.62B | -7.53B | 15.24B | -32.28B | 30.79B |
| Operating Cash Flow | 0.00 | 84.73B | 14.91B | 25.64B | -23.78B | 38.28B |
| Investing Cash Flow | 0.00 | -71.50B | -16.36B | -2.83B | -51.77B | -15.99B |
| Financing Cash Flow | 0.00 | 60.78B | 64.97B | 62.44B | 89.89B | 37.52B |
GMO Internet Technical Analysis
GMO Internet Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | ¥272.99B | 21.27 | 13.42% | 2.27% | 5.10% | 12.48% | |
74 Outperform | ¥24.52B | 23.32 | ― | ― | 30.15% | 31.28% | |
71 Outperform | ¥480.40B | 20.98 | 15.67% | 1.31% | 12.48% | 18.38% | |
70 Outperform | ¥3.20B | 11.55 | ― | 0.98% | 11.10% | 16.84% | |
66 Neutral | ¥11.25B | 26.68 | ― | 1.01% | 17.19% | -43.91% | |
66 Neutral | ¥422.91B | 24.89 | 17.97% | 1.36% | 4.75% | 17.02% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% |
GMO Internet Corporate Events
GMO Internet Group, Inc. has disclosed the latest status of its ongoing share repurchase program, conducted under a Board-approved resolution based on Article 459-1 of the Japanese Companies Act and its articles of incorporation. In December 2025, the company bought back 932,600 of its common shares on the open market of the Tokyo Stock Exchange for approximately JPY 3.63 billion, as part of a long-term plan to acquire and cancel roughly 38.35 million shares linked to capital raised during its exit from the loan credit business in 2006–2007. Under the broader buyback framework approved on November 25, 2025, which authorizes repurchases of up to 4.2 million shares or JPY 10 billion through February 12, 2026, the company had cumulatively repurchased 1,274,700 shares for about JPY 4.999 billion by December 31, 2025. The continued execution of this buyback and cancellation strategy underscores GMO Internet Group’s commitment to shareholder returns and capital efficiency, and may support its share price and earnings per share while signaling confidence in its long-term prospects.
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.
GMO Internet Group has announced that its consolidated subsidiary GMO Financial Holdings will delay the planned surrender of the securities business license of its Thai unit, GMO-Z com Securities (Thailand), which operates a securities business in Thailand. The Thai subsidiary had previously decided to terminate margin trading in December 2024 and cease all operations by the end of 2025 after sustained losses linked to large allowances for doubtful accounts caused by significant declines in the stock prices of securities used as collateral. As of the end of September 2025, receivables of about JPY 7.5 billion remain under repayment agreements, covered by stock collateral valued at roughly JPY 11.3 billion, giving strong collateral coverage but still exposing the business to the risk of delayed payments or further price declines. To enable prompt and efficient disposal of collateral stocks if needed and maximize debt recovery, the company will keep the Thai subsidiary’s securities license in place and has pushed back the planned business discontinuation and license surrender to December 31, 2026, while maintaining its policy to ultimately dissolve and liquidate the unit; the impact on consolidated results for the year ending December 2025 is expected to be minimal.
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.
GMO Internet Group has successfully completed its tender offer for shares of Prime Strategy Co., Ltd., acquiring 2,214,899 shares and bringing its ownership stake to 60%, with settlement set for December 26, 2025. The completion of the tender offer gives GMO Internet Group a controlling interest in Prime Strategy, reinforcing its expansion strategy in the internet and technology sector, while the company confirms that its post-acquisition policies remain unchanged from those previously disclosed.
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.
GMO Internet Group, Inc. announced the repurchase of 342,100 of its own shares for approximately JPY 1.37 billion as part of a long-term share buyback plan. This move is part of a broader strategy to enhance shareholder returns, with a total of up to 4.2 million shares authorized for repurchase, reflecting 4.14% of outstanding shares, at a cost of up to JPY 10 billion.
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.
GMO Internet Group, Inc. has announced a plan to acquire up to JPY 10 billion worth of its own treasury shares as part of its revised Total Shareholder Returns Policy. This move aims to enhance capital efficiency and expand corporate value, with the acquisition period set from November 26, 2025, to February 12, 2026, through open market purchases on the Tokyo Stock Exchange.
The most recent analyst rating on (JP:9449) stock is a Hold with a Yen3576.00 price target. To see the full list of analyst forecasts on GMO Internet stock, see the JP:9449 Stock Forecast page.
GMO Internet Group, Inc. has announced its decision to acquire shares of Prime Strategy Co., Ltd. through a tender offer, aiming to make it a consolidated subsidiary. This move is part of a capital and business alliance agreement, expected to create synergies between Prime Strategy’s high-performance platform ‘KUSANAGI’ and GMO’s internet services, enhancing their market position without delisting Prime Strategy from the Tokyo Stock Exchange.
The most recent analyst rating on (JP:9449) stock is a Hold with a Yen3576.00 price target. To see the full list of analyst forecasts on GMO Internet stock, see the JP:9449 Stock Forecast page.
GMO Internet Group, Inc. announced it will receive a dividend of JPY 4,488 million from its subsidiary, GMO Payment Gateway, Inc. This dividend will be recorded as net sales in the company’s non-consolidated financial results for the fiscal year ending December 31, 2025, with no impact on its consolidated business performance.
The most recent analyst rating on (JP:9449) stock is a Hold with a Yen3576.00 price target. To see the full list of analyst forecasts on GMO Internet stock, see the JP:9449 Stock Forecast page.
GMO Payment Gateway, Inc., a subsidiary of GMO Internet Group, reported significant growth in its financial results for the fiscal year 2025 compared to the previous year. The increase in net sales and operating profit was driven by a smooth progression in the payment processing business, with higher transaction volumes. Additionally, ordinary and net profits saw substantial growth due to increased dividend income from consolidated subsidiaries, indicating a strong financial performance and positive outlook for stakeholders.
The most recent analyst rating on (JP:9449) stock is a Hold with a Yen3576.00 price target. To see the full list of analyst forecasts on GMO Internet stock, see the JP:9449 Stock Forecast page.
GMO Internet Group, Inc. announced a quarterly dividend payout of ¥9.5 per share for the third quarter of FY2025, reflecting a 33.1% payout ratio. This decision aligns with the company’s policy to return 50% of profits to shareholders, demonstrating a commitment to shareholder value and financial flexibility.
The most recent analyst rating on (JP:9449) stock is a Hold with a Yen3576.00 price target. To see the full list of analyst forecasts on GMO Internet stock, see the JP:9449 Stock Forecast page.
GMO Internet Group, Inc. reported its financial results for the third quarter of fiscal year 2025, showing a year-on-year increase in net sales by 3.7% and a significant rise in profit attributable to owners by 33.4%. Despite the positive financial performance, the company did not provide a consolidated business results forecast due to market uncertainties affecting its core business areas.
The most recent analyst rating on (JP:9449) stock is a Hold with a Yen3576.00 price target. To see the full list of analyst forecasts on GMO Internet stock, see the JP:9449 Stock Forecast page.
GMO Internet Group, Inc. has partially sold shares of its subsidiary, GMO Internet, to comply with listing criteria on the TSE Prime Market, expecting to record an extraordinary profit of approximately ¥7.2 billion. This move is aimed at improving the tradable share ratio, enhancing liquidity, and sustaining corporate value, with minimal impact on consolidated profit or loss, while continuing efforts to strengthen investor relations and meet compliance deadlines.
The most recent analyst rating on (JP:9449) stock is a Hold with a Yen3700.00 price target. To see the full list of analyst forecasts on GMO Internet stock, see the JP:9449 Stock Forecast page.