Fiscal Year 2025 Consolidated Financial Results (Japanese GAAP)
February 12, 2026
Name of Listed Company: GMO Internet Group, Inc. Exchange Listing: Tokyo Stock Exchange Stock Code: 9449 URL: https://group.gmo/en
Representative: Masatoshi Kumagai, Founder, Chairman and Group CEO
Official Contact: Masashi Yasuda, Director, Executive Vice President and Group CFO, Deputy to Group CEO Contact Number: +81-3-5456-2555
Date of Annual General Shareholders Meeting: March 19, 2026 Start Date of Dividend Payout: March 5, 2026 Date of Annual Report Release: March 23, 2026
Supplementary documents available pertaining to financial results: Yes
Financial results briefing: Yes (live stream only and Q&A session for institutional investors)
(all amounts rounded down to the nearest million yen)
Consolidated Results in the Fiscal Year Ended December 31, 2025 (01.01.2025 - 12.31.2025)
Consolidated Operating Results (Percentages shown represent year-on-year % change)
Net Sales
Operating Profit
Ordinary Profit
Profit Attributable to Owners of the Parent
¥ millions
%
¥ millions
%
¥ millions
%
¥ millions
%
FYE12/2025
285,626
3.0
57,170
22.5
52,837
13.5
16,102
20.4
FYE12/2024
277,407
7.3
46,653
9.8
46,565
1.3
13,373
-5.8
(Note) Comprehensive Income: FYE 12/2025 ¥ 35,016 million (7.6%) , FYE 12/2024 ¥ 32,554 million (5.4%)
Net Profit per Share
Net Profit per Share (Diluted)
Ratio of Net Profit to Shareholders' Equity
Ratio of Ordinary Profit to Total Assets
Ratio of Operating Profit to
Net Sales
¥
¥
%
%
%
FYE12/2025
157.56
154.97
17.1
2.4
20.0
FYE12/2024
126.54
124.86
15.8
2.4
16.8
(Reference) Earnings/Loss on Equity Method Investment: FYE 12/2025 ¥-272 million, FYE 12/2024 ¥-1,349 million
Consolidated Financial Condition
Total Assets
Net Assets
Shareholders' Equity Ratio
Net Assets per Share
¥ millions
¥ millions
%
¥
FYE12/2025
2,272,458
217,404
4.5
1,013.67
FYE12/2024
2,151,114
190,047
4.0
825.10
(Reference) Shareholders' Equity: FYE 12/2025 ¥101,524 million, FYE 12/2024 ¥86,340 million
Consolidated Cash Flow
Cash Flow from Operating Activities
Cash Flow from Investing Activities
Cash Flow from Financing Activities
Cash and Equivalents End of Term Balance
¥ millions
¥ millions
¥ millions
¥ millions
FYE12/2025
66,040
-9,901
41,707
567,921
FYE12/2024
84,735
-71,499
60,777
466,509
Dividends
Dividends per Share
Total Dividend Payout
Payout Ratio
(Consolidated)
Ratio of Dividends to Net Assets
(Consolidated)
End of Q1
End of Q2
End of Q3
End of Term
Total
¥
¥
¥
¥
¥
¥ millions
%
%
FYE12/2024
17.20
6.90
7.70
10.00
41.80
4,411
33.0
5.2
FYE12/2025
17.60
16.80
9.50
8.10
52.00
5,291
33.0
5.7
FYE12/2026
(forecast)
-
-
-
-
-
-
Consolidated Results Forecast for the Fiscal Year Ending December 31, 2026 (01.01.2026 - 12.31.2026)
As the Group's business "Internet Finance business," "Cryptoassets business" and "Incubation business" are affected by economic conditions, financial markets, cryptoassets and other market conditions, it is difficult to forecast business performance, and therefore we do not disclose consolidated business results and dividend forecast. GMO Financial Holdings, Inc., our subsidiary, discloses sales indicators, such as foreign exchange transaction volume, stock brokerage trading value, CFD trading value, cryptoassets trading value and the number of customer accounts, and operating revenue on a monthly basis.
*Notes
Significant changes in scope of consolidation during the current term: Yes New inclusion: 2 (Prime Strategy Co., Ltd., GMO DesignOne, Inc.)
Changes in accounting policy, changes in accounting estimates, restatements
Changes resulting from revisions to accounting standards: Yes
Changes other than those specified above: No
Changes in accounting estimates: No
Restatements: No
Number of outstanding shares (Common stock) (Unit: shares)
1. No. of outstanding shares at end of term (including treasury stock) | FYE 12/2025 | 108,273,680 | FYE 12/2024 | 109,176,555 |
2. Number of treasury stock at end of term | FYE 12/2025 | 8,119,433 | FYE 12/2024 | 4,534,546 |
3. Average number of shares during term | FYE 12/2025 | 102,193,543 | FYE 12/2024 | 105,675,689 |
(Reference) Summary of Non-Consolidated Financial Results
1. Non-consolidated Results in the Fiscal Year Ended December 31, 2025 (01.01.2025 - 12.31.2025)
Non-consolidated Operating Results (Percentages shown represent year-on-year % change)
Net Sales
Operating Profit
Ordinary Profit
Net Profit
¥ millions
%
¥ millions
%
¥ millions
%
¥ millions
%
FYE12/2025
29,587
-55.4
17,950
652.9
13,382
1.8
26,167
214.6
FYE12/2024
66,404
1.9
2,384
151.7
13,148
10.9
8,318
8.1
Net Profit per Share
Net Profit per Share (Diluted)
¥
¥
FYE12/2025
256.05
-
FYE12/2024
78.71
-
Non-consolidated Financial Condition
Total Assets | Net Assets | Shareholders' Equity Ratio | Net assets per Share | |
¥ millions | ¥ millions | % | ¥ | |
FYE12/2025 | 328,252 | 28,328 | 8.6 | 282.84 |
FYE12/2024 | 326,620 | 20,719 | 6.3 | 198.00 |
(Reference) Shareholders' Equity: FYE 12/2025 ¥28,328 million, FYE 12/2024 ¥20,719 million
*Consolidated financial results are not subject to audit by independent auditors. *Notes regarding the appropriate use of results forecasts and other itemsAlthough the Company aims to pay dividends quarterly with a target payout ratio of 33% to profit attributable to owners of the parent, because it is difficult to forecast business performance, the amount of dividend forecast is yet to be determined at this time. We will promptly disclose dividend forecast when it becomes available.
On February 12, 2026, we plan to stream a financial results briefing live. The presentation and explanation (voice) along with explanatory materials used on the day will be posted on our company website (https://ir.gmo.jp/en/) promptly after the meeting.
