Edition:
India

GMO Internet Inc (9449.T)

9449.T on Tokyo Stock Exchange

2,736JPY
22 Jun 2018
Change (% chg)

¥-75 (-2.67%)
Prev Close
¥2,811
Open
¥2,762
Day's High
¥2,811
Day's Low
¥2,736
Volume
1,088,400
Avg. Vol
1,449,631
52-wk High
¥3,030
52-wk Low
¥1,269

Latest Key Developments (Source: Significant Developments)

GMO payment Gateway announces conversion price of 2023 due euro-yen denominated convertible bonds with warrants
Friday, 1 Jun 2018 

June 1(Reuters) - GMO payment Gateway Inc <3769.T>:Says it sets the conversion price at 15,106 yen per share for the 2023 due euro-yen denominated convertible bonds with warrants.Says the issue plan was disclosed on May 31 .  Full Article

GMO payment Gateway to issue 2023 due euro-yen denominated convertible bonds with subscription warrants
Thursday, 31 May 2018 

May 31(Reuters) - GMO payment Gateway Inc <3769.T>:Says it will issue 2023 due euro-yen denominated convertible bonds with subscription warrants, worth 17 billion yen, with coupon rate of 0 percent.Says issue date on June 19.Says warrants with the convertibles can be exercised during the period from July 3 to June 5, 2023.Bonds maturity date on June 19, 2023.Proceeds raised will be used for financial service business related fund .  Full Article

GMO Pepabo to take over original goods making business from Basic
Monday, 26 Mar 2018 

March 26 (Reuters) - GMO Pepabo Inc <3633.T>:Says it will take over original goods making business from Basic Inc, with undisclosed price, effective April 1 .  Full Article

GMO Tech to take over Web application business for 98.8 mln yen
Monday, 27 Nov 2017 

Nov 27 (Reuters) - GMO Tech Inc <6026.T>:Says it will take over Web application business for 94.8 million yen, from unit of GMO AD Partners Inc <<<4784.T>>>.Effective Jan. 1, 2018 .  Full Article

GMO payment Gateway announces application of International Financial Reporting Standards
Thursday, 2 Nov 2017 

Nov 2(Reuters) - GMO payment Gateway Inc <3769.T>:Says it will apply International Financial Reporting Standards (IFRS) as the new accounting method, to replace the current Japan-Generally Accepted Accounting Principles.IFRS effective from financial statement of Q1 for FY 2018.  Full Article

GMO Internet to merge with units
Monday, 23 Oct 2017 

Oct 23 (Reuters) - GMO Internet Inc <9449.T>:Says it will merge with three units, GMO Gamepot Inc., Syncloud, Inc and Tokyo-based mobile entertainment firm, effective Dec. 1 .Says three units will be dissolved after merger .  Full Article

GMO Internet to retire treasury shares
Monday, 23 Oct 2017 

Oct 23 (Reuters) - GMO Internet Inc <9449.T>:Says it will retire 847,790 shares (0.7 percent of outstanding) of its common stock on Oct. 30.Says the total shares outstanding is 115.1 million shares after the retirement.  Full Article

GMO payment gateway to raise stake in GMO Financial Gate and GCS
Monday, 22 Aug 2016 

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 

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

Photo

Japan punishes seven cryptocurrency exchanges over regulatory lapses

TOKYO Japan punished seven cryptocurrency exchanges, ordering two of them to suspend business, in an effort to shore up consumer protection after a $530 million theft of digital money from Tokyo-based Coincheck Inc earlier this year.