January 7, 2009
Japan Market Intelligence Becomes GMO Research Subsidiary Following Stock Acquisition
- GMO Research, Inc.
Tokyo - January 6, 2009 – GMO Internet Group company, GMO Research announces that Japan Marketing Intelligence (JMI) became a consolidated subsidiary on January 1, following the December 31 acquisition of 53% of the company’s shares.
Background to the Stock Acquisition
GMO Research builds research solutions and platforms and provides online research infrastructure predominantly to domestic research companies while promoting online research in the domestic market.
JMI sells Japanese consumer market surveys to overseas research agencies. As a company that actively promotes research and implementation of the latest global research technology it can be considered a pioneer in Japan.
The acquisition of JMI stock will enable GMO Research to advance research technology in the Japanese market by introducing advanced JMI research methods to our own networks. At the same time GMO Research will leverage JMI's strong international sales channels to create real research solutions, and platforms for the global marketplace.
Japan Market Intelligence K.K. (Company Acquired)
Company Name
|
Japan Market Intelligence K.K.
|
Address
|
7F Capital Akasaka Bldg., 1-7-19 Akasaka
Minato-ku, Tokyo |
CEO
|
Andrew Till
|
Business Description
|
- Marketing research consulting
|
Capital
|
109,825,000 yen
|
Media Inquiries
GMO Research, Inc. Public Relations
GMO Internet, Inc. Group PR Division
About GMO Internet Group
GMO Internet Group, headquartered in Japan, is a leading force in the Internet industry offering one of the most comprehensive ranges of Internet services worldwide. The group holds top domestic market share in domain registration, web hosting, and payment processing and provides a host of other Internet services including global online security services, e-commerce solutions, and Internet advertising to both businesses and individuals. At the centre of the group is GMO Internet, Inc. a company listed on the prestigious first section of the Tokyo Stock Exchange (TSE: 9449).
GMO Research, Inc.
Company Name
|
|
Address
|
Cerulean Tower, 26-1 Sakuragaokacho, Shibuya-ku, Tokyo, JAPAN
|
CEO
|
Shinichi Hosokawa
|
Business Description
|
- Research business
|
Capital
|
50,000,000 yen
|
GMO Internet Inc.
Company Name
|
GMO Internet Inc. http://www.gmo.jp/enen
(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
|
*Revision (16/1/2009)
In this press release published on January 6, 2009 it was incorrectly stated that Japan Market Intelligence capital was
198,250,000 yen. The correct figure is 109,825,000 yen. We apologize for any inconvenience.