GMO Internet corrects dividend classification in financial disclosure
GMO Internet Group, Inc. announced a partial correction to its "Announcement Regarding Receipt of Dividends from a Consolidated Subsidiary," originally disclosed on September 16, 2025. The correction addresses an error in the display classification of received dividends. The company clarified that this correction will not impact its business performance.
Specifically, the correction revises how the dividend income from a consolidated subsidiary will be accounted for in the individual financial statements for the fiscal year ending December 2025. Initially, the received dividends were planned to be recorded as non-operating income. Following the correction, these dividends will now be recorded as sales.
The company reiterated that because the dividend is from a consolidated subsidiary, there remains no impact on its consolidated operating results, regardless of whether it is classified as non-operating income or sales in the individual financial statements. The contact for inquiries is Masashi Yasuda, director and group vice president executive officer and CFO.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
News Alerts
Get instant email alerts when Gmo Internet publishes news
Free account required • Unsubscribe anytime