Edition:
United States

GMO Internet Inc (9449.T)

9449.T on Tokyo Stock Exchange

1,221JPY
24 Apr 2017
Change (% chg)

¥17 (+1.41%)
Prev Close
¥1,204
Open
¥1,215
Day's High
¥1,226
Day's Low
¥1,205
Volume
616,800
Avg. Vol
780,971
52-wk High
¥1,658
52-wk Low
¥957

Latest Key Developments (Source: Significant Developments)

GMO Pepabo to merge wholly owned unit GMO Pepabo OC, Inc.
Monday, 21 Nov 2016 03:41am EST 

GMO Pepabo Inc <3633.T>: Says it will merge its wholly owned unit GMO Pepabo OC, Inc. on Jan. 1, 2017 .Says the co will forgive a part of the debts in the unit.  Full Article

GMO payment gateway to raise stake in GMO Financial Gate and GCS
Monday, 22 Aug 2016 10:57am EDT 

GMO payment gateway Inc <3769.T> : Says the company, as the wholly owned subsidiary of GMO Internet Inc <9449.T>, plans to buy 58,621 shares in GMO Financial Gate, a Tokyo-based firm engaged in settlement service business of credit card etc., for 1.7 billion yen . Says the company to raise stake in GMO Financial Gate to 65 percent from 49.6 percent, via private placement plan offered by GMO Financial Gate . GMO Financial Gate will fully acquire 1,000 shares (100 percent stake) in a Tokyo settlement agent, Global Card System (GCS), for 770 million yen which was raised from the private placement plan, thus the company will hold a 65 percent stake in GCS indirectly after the transaction .Transaction effective date on Sep. 30.  Full Article

Japan Post Holdings to sell its internet payment unit to GMO Internet Group - Nikkei
Wednesday, 17 Aug 2016 01:02pm EDT 

Nikkei: Japan Post Holdings will sell an online payment service operation that has failed to attract customers amid competition from big e-commerce co's - Nikkei . Japan Post Holdings projects a net profit of 12 billion yen ($119 million) for the year ending in March - Nikkei . As Part Of Japan Post Deal To Unload Internet Payment Unit,GMO'S Payment Service Unit Will Take Over The Business,Japan Post Finance Will Be Liquidated - Nikkei .The Japan Post Group and Sumitomo Mitsui Trust bank group will take on japan post finance employees after divestiture of Japan Post Finance - Nikkei.  Full Article

Aozora plans Capital and Business Alliance for Joint Venture Internet Bank with GMO Internet, Inc.
Friday, 24 Jun 2016 03:45am EDT 

Aozora Bank Ltd <8304.T> : Says Aozora Bank Ltd <8304.T> and wholly-owned subsidiary Aozora Trust Bank,Ltd. have entered into a capital and business alliance with GMO Internet Inc <9449.T> regarding a joint venture Internet bank, which will be operated by Aozora Trust .Aozora Trust plans private placement to Aozora Bank and GMO Internet for about 6.6 billion yen.  Full Article

GMO Internet completes acquisition of GMO-Z com NetDesign Holdings
Tuesday, 7 Jun 2016 04:00am EDT 

GMO Internet Inc <9449.T> :Says it completes acquisition of Thailand-based GMO-Z com NetDesign Holdings which was newly established by two individuals who are shareholders of Thai domain and hosting group, NetDesign, on June 6.  Full Article

Aozora Bank says agreement on JV Internet Bank with GMO Internet
Friday, 27 May 2016 02:00am EDT 

Aozora Bank ltd <8304.T> :Says Aozora Bank ltd <8304.T> , Aozora Trust Bank ltd announcesd signing of a memorandum of agreement with GMO Internet Inc <9449.T> regarding a joint venture Internet bank.  Full Article

GMO Internet to retire treasury shares
Monday, 7 Mar 2016 02:01am EST 

GMO Internet Inc:To retire 1,862,100 shares (1.58 pct stake) of its common stock on March 11.Says the total shares outstanding will be 115,944,677 shares after the retirement.  Full Article

GMO Internet raises year-end dividend forecast for FY 2015
Monday, 8 Feb 2016 01:31am EST 

GMO Internet Inc:Sees year-end dividend of 20 yen per share raised from 19 yen per share, for the fiscal year ended Dec. 31, 2015.  Full Article

GMO Internet 's unit to buy operation right of new domain
Thursday, 28 Jan 2016 12:00am EST 

GMO Internet Inc:Says its Tokyo-based unit engaged in domain registry business to buy operation right of new domain for $41.5 million.  Full Article

Daiwa Securities Group and subsidiary announces business and capital alliance with GMO Internet and GMO ClICK Holdings
Friday, 30 Oct 2015 02:31am EDT 

Daiwa Securities Group Inc:Forms a business and capital alliance with GMO Internet Inc and GMO Internet's subsidiary GMO ClICK Holdings Inc on Oct. 30.Says Daiwa Securities Group Inc to acquire a 9.6 pct stake (about 11,100,000 shares) in GMO ClICK Holdings Inc from GMO Internet Inc.  Full Article

More From Around the Web