Key Developments: GMO Internet Inc (9449.T)
1,046JPY
24 May 2013
¥6 (+0.58%)
¥1,274
¥1,060
¥1,118
¥965
3,743,500
2,500,207
¥1,375
¥323
Latest Key Developments (Source: Significant Developments)
GMO Internet Inc to Sell JWord Inc. to GMO AD Partners Inc
GMO Internet Inc announced that it has decided to sell 13,954 shares of its subsidiary JWord Inc., for JPY 1,422,987,058 in total to its another subsidiary GMO AD Partners Inc, effective March 5, 2013. As a result, GMO Internet will hold no stake in JWord, down from 72.4%. Full Article
GMO Internet Inc to Issue Year-end Dividend for FY 2012
GMO Internet Inc announced that it has decided to issue a year-end dividend payment of JPY 4 per share (JPY 471 million in total), above its latest dividend forecast of JPY 3 per share announced on February 8, 2012, to all its shareholders as a record of December 31, 2012. The dividend will be paid on March 11, 2013. Full Article
GMO Internet Inc Increases Stake in GMO GameCenter
Acrodea Inc announced that its stake in GMO GameCenter has decreased from a 18.33% stake to a 14.93% stake due to issuance of new shares through private placement by GMO GameCenter, while GMO Internet Inc's stake has increased from an 81.67% stake to an 85.07% stake. GMO GameCenter is engaged in the smartphone game platform business. Full Article
GMO Internet Inc’s Sub-subsidiary Receives Business Improvement Order
GMO Internet Inc announced that its sub-subsidiary GMO CLICK Securities, Inc. has received a business improvement order from the Kanto Finance Bureau, in accordance with Financial Instruments and Exchange Act regarding insufficient management of organization, on October 12, 2012. Full Article
GMO Internet Inc Announces Result of Takeover Bid Launched by Subsidiary for Shares of FX Prime Corp
GMO Internet Inc announced that its subsidiary GMO CLICK Holdings, Inc has acquired 6,311,501 shares or 63,115 voting rights (a 77.92% stake) of FX Prime Corp, at the price of JPY 2,587 million in total, through takeover bid during the period from August 2, 2012 to September 12, 2012. The payment will be conducted on September 20, 2012. As a result, FX Prime Corp will become a sub-subsidiary of GMO Internet Inc, effective September 20, 2012. Full Article
GMO Internet Inc. Raises Consolidated Full-year Forecast for FY 2012; Subsidiary to Launch Takeover Bid for Shares of FX PRIME Corporation
GMO Internet Inc. announced that it has raised the consolidated full-year forecast for revenue from JPY 64,000 million to JPY 68,000 million, operating profit from JPY 8,400 million to JPY 9,000 million, ordinary profit from JPY 8,200 million to JPY 8,900 million, net profit from JPY 4,300 million to JPY 4,400 million and earning per share from JPY 36.50 to JPY 37.34 for the fiscal year ending December 31, 2012. GMO Internet Inc. raised the consolidated full-year forecast due to favorable business performance. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of JPY 68.17 billion and net profit of JPY 4.21 billion for the fiscal year ending December 2012. GMO Internet Inc.'s subsidiary, GMO CLICK Holdings, Inc., has decided to launch a takeover bid for 8,099,910 shares (at least 4,568,500 shares) of FX PRIME Corporation, at the price of JPY 410 per share, during the period from August 2, 2012 to September 12, 2012. The payment will be conducted on September 20, 2012. If GMO CLICK Holdings acquires 8,099,910 shares of FX PRIME Corporation, it will hold a 100% stake in FX PRIME Corporation. Full Article
GMO Internet Inc. Announces Q4 Dividend Payment for FY Ended December 2011
GMO Internet Inc. announced that it will issue the fourth quarter dividend of JPY 5.00 per share, or JPY 589 million in total, effective March 12, 2012, up from a forecast of JPY 3.00 per share announced on August 8, 2011, from retained earnings to shareholders as of December 31, 2011. Full Article
GMO Internet Inc. Raises Dividend Forecast
GMO Internet Inc. announced that it has raised the dividend forecast from JPY 2.00 per share, disclosed on February 8, 2011 to JPY 3.00 per share, for the third quarter of fiscal year ending December 2011, and has also raised the year-end dividend forecast from JPY 2.00 per share, disclosed on February 8, 2011 to JPY 3.00 per share, for the fiscal year ending December 2011. Full Article
GMO Internet Inc. to Form Business and Capital Alliance with DigiRock, Inc.; to Acquire DigiRock, Inc.
GMO Internet Inc. announced that it has decided to form a business and capital alliance with DigiRock, Inc. Through the business alliance, two companies will work together on the domain acquisition and Web hosting service business. Through the capital alliance, the Company will acquire 134 shares of DigiRock, and as a result, the Company will hold a 67% stake in DigiRock, effective July 4, 2011. Full Article
GMO Internet Inc. Forms Capital Alliance with RunSystem Corporation
GMO Internet Inc. announced that it has formed a business and capital alliance with RunSystem Corporation, which is engaged in the offshore development, system development and mobile content distribution in Vietnam, on June 16, 2011. Through the capital alliance, the Company will purchase 171,500 shares of RunSystem Corporation. As a result, the Company will hold a 51.19% stake (171,500 shares) in RunSystem Corporation, up from 0%. Full Article
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