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GMO Internet Group announces subsidiary share transfer, expects dividend receipt

September 22, 2025 at 07:04 AM UTCBy FilingReader AI

GMO Internet Group announced a dividend receipt of 5,740 million yen from GMO Ad Holdings, a consolidated subsidiary, expected by September 30, 2025. This will be recorded as non-operating revenue in GMO Internet Group's individual financial statements for the fiscal year ending December 2025, with no impact on consolidated results.

Concurrently, GMO Financial Holdings (GMO-FH), a consolidated subsidiary of GMO Internet Group, resolved on September 19, 2025, to transfer all shares of GMO-Z.com Forex HK Limited to Remi Holding Group Limited. This strategic move aims to enhance GMO-FH's focus on its domestic strengths while driving growth initiatives. GMO-Z.com Forex HK, a Hong Kong-based provider of over-the-counter FX trading services, has share capital of HK$57 million.

The share transfer is contingent on approval from the Hong Kong Securities and Futures Commission, with the transfer price set to equal GMO-Z.com Forex HK Limited's net assets at the time of transfer plus HK$1 million. The transaction is scheduled to be completed in January 2026 or later, with the impact on GMO Internet Group's consolidated business results expected to be minimal.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

TSE:9449Tokyo Stock Exchange

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