GMO internet group KK
9449
ISIN JP3152750000 / Valor 850322
GMO internet group KK
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About company
GMO Internet Group KK is a diversified Japanese technology conglomerate primarily engaged in internet infrastructure, online advertising, internet finance, and cryptocurrency-related businesses. The company offers a wide range of services including domain registration, web hosting, and cloud services, catering to both individual and corporate clients. Additionally, GMO Internet Group has a significant presence in the online securities trading and foreign exchange markets through its financial services arm. The company is also actively involved in the development and issuance of stablecoins, collaborating with major financial institutions like Nomura Holdings and Laser Digital to explore the issuance of JPY and USD stablecoins in Japan. This initiative underscores GMO's commitment to leveraging blockchain technology to innovate within the financial sector.
Summarized from source with an LLMView SourceSector: TechnologyLatest Results (07.08.2024):
Revenue Growth
GMO Internet Group KK reported consolidated net sales of ¥68,861 million for the first quarter of fiscal year 2024, marking a 5.0% increase compared to the same period in the previous year. This growth reflects the company's continued expansion in its core business areas, particularly in the Internet Infrastructure segment.
Operating Profit Surge
The company achieved an operating profit of ¥14,436 million in Q1 2024, representing a significant 31.4% year-on-year increase. This surge in operating profit is attributed to improved efficiency and increased sales across various segments, including Online Advertising & Media and Internet Finance.
Ordinary Profit Increase
GMO Internet Group KK's ordinary profit for the first quarter of 2024 was ¥15,503 million, up 29.9% from the previous year. The rise in ordinary profit underscores the company's effective cost management and successful revenue generation strategies across its diverse business units.
Net Profit Growth
The profit attributable to owners of the parent for Q1 2024 was ¥5,519 million, a substantial 40.4% increase compared to the same quarter in 2023. This growth in net profit highlights the company's strong financial performance and its ability to capitalize on market opportunities.
Dividend Information
GMO Internet Group KK announced a dividend payout of ¥17.20 per share for the first quarter of fiscal year 2024, up from ¥12.20 per share in the previous year. The increase in dividends reflects the company's commitment to returning value to its shareholders amidst its robust financial performance.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
1827 M
Market cap (USD)
342,100
Daily traded volume (Shares)
2606.5 / 2562.5
1 day high/low (USD)
52 weeks high/low (USD)
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Ratings & reviews
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