May 19, 2008
NIKKO Inc. to Become Consolidated Subsidiary in Capital Partnership
- GMO Internet Inc.
Tokyo- May 19, 2008 – The GMO Board of Directors meeting convened today, decided to take a stake in NIKKO Inc, and to make it a subsidiary. Nikko is an Internet advertising company strong in interactive marketing (marketing that directly engages the consumer).
Please refer to the document NIKKO Inc. to Become Consolidated Subsidiary in Capital Partnership posted today on our Investor Relations site for the following details.
1. Reasons For Equity Participation
2. Subsidiary (NIKKO Inc.) Outline
3. Number of Shares Acquired, Acquisition Cost and Number of Shares Held Before and After Acquisition
4. Schedule
5. Outlook
Media Inquiries
GMO Internet Inc. Group PR Team
The GMO Internet Group
The GMO Internet Group is a leading force in the Internet industry offering one of the most comprehensive ranges of Internet services in Japan. We hold top domestic market shares in domain registration, web hosting and payment processing and we provide a host of other services including e-commerce solutions and Internet advertising to individual and corporate customers. Striving to redefine the industry and foster a vibrant Internet culture, the GMO Internet Group is continuously working to inspire enthusiasm in our customers and put smiles on their faces.
GMO Internet Inc.
|
Company Name
|
GMO Internet Inc. http://www.gmo.jp/en
(TSE First Section Code: 9449)
|
|
Address
|
Cerulean Tower, 26-1 Sakuragaokacho, Shibuya ku, Tokyo, JAPAN
|
|
CEO
|
Masatoshi Kumagai
|
|
Business Description
|
- Internet Use Support (Infrastructure)
- Internet Advertising Support (Media)
|
|
Capital
|
1,276,830,000 yen
|