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94492026 Q1PrimeIFRS

GMO internet group (9449) FY2026 Q1 Earnings Report

For FY2026 Q1, revenue came to ¥81.6B (+13.3% year on year) and operating income ¥18.7B (+28.0%). The segment drivers and cash flow follow.

IT & Services, Others/Information & Communication


Financial Highlights

  • Net Sales: ¥81.60B
  • Operating Income: ¥18.68B
  • Net Income: ¥12.67B
  • EPS: ¥64.04

Income Statement

ItemCurrentPriorYoY %
Net Sales¥81.60B¥72.00B+13.3%
Cost of Sales¥32.97B¥28.18B+17.0%
Gross Profit¥48.46B¥42.74B+13.4%
SG&A Expenses¥29.07B¥28.06B+3.6%
Operating Income¥18.68B¥14.60B+28.0%
Equity Method Investment Income¥423M−¥371M+214.0%
Profit Before Tax¥18.80B¥13.51B+39.2%
Income Tax Expense¥6.13B¥4.41B+39.2%
Net Income¥12.67B¥9.10B+39.2%
Net Income Attributable to Owners¥6.35B¥5.60B+13.5%
Basic EPS¥64.04¥53.75+19.1%
Diluted EPS¥63.58¥53.44+19.0%

Balance Sheet

ItemCurrent EndPrior EndChange
Current Assets¥1.77T¥1.75T+¥15.10B
Accounts Receivable¥169.08B¥169.26B−¥184M
Inventories¥49.30B¥61.28B−¥11.98B
Non-current Assets¥293.15B¥285.13B+¥8.02B
Property, Plant & Equipment¥85.58B¥84.91B+¥665M
Total Assets¥2.06T¥2.04T+¥23.12B
Accounts Payable¥271.86B¥281.08B−¥9.22B
Non-current Liabilities¥392.30B¥381.86B+¥10.44B
Total Liabilities¥1.81T¥1.80T+¥16.47B
Total Equity¥246.64B¥239.99B+¥6.65B
Capital Stock¥5.00B¥5.00B¥0
Capital Surplus¥51.22B¥51.33B−¥113M
Retained Earnings¥77.30B¥74.18B+¥3.12B
Treasury Stock−¥26.20B−¥24.06B−¥2.14B
Shareholders' Equity¥112.28B¥111.22B+¥1.06B
Equity Ratio5.5%5.5%0.0%

Cash Flow Statement

ItemCurrentPriorChange
Cash and Cash Equivalents¥553.04B¥554.42B−¥1.37B

Profitability Ratios

ItemValue
Net Profit Margin7.8%
Gross Profit Margin59.4%
Debt-to-Equity Ratio7.35x
Effective Tax Rate32.6%

Year-over-Year Comparison

ItemYoY Change
Net Sales YoY Change+13.3%
Operating Income YoY Change+28.0%
Profit Before Tax YoY Change+39.2%
Net Income YoY Change+39.2%
Net Income Attributable to Owners YoY Change+13.5%

Share Information

ItemValue
Shares Outstanding (incl. Treasury)107.35M shares
Treasury Stock8.46M shares
Average Shares Outstanding99.20M shares
Book Value Per Share¥2,494.04

Dividend Information

ItemAmount
Q1 Dividend¥21.20

Segment Information

SegmentRevenueOperating Income
Cryptocurrency¥1.51B¥210M
Incubation-−¥318M
InternetFinance¥14.28B¥6.60B
InternetInfrastructure¥47.24B¥12.32B
InternetSecurities¥6.12B¥364M
OnlineAdvertisingAndMedia¥8.71B¥848M
OperatingSegmentsNotIncludedInReportableSegmentsAndOtherRevenueGeneratingBusiness¥3.73B−¥692M

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