June 29, 2007
Dissolution of a Subsidiary
- GMO Internet Inc.
At a meeting today of the GMO NetCard, Inc. Board of Directors it was decided that in order to adjust the loans and credit business platform following amendments to money lending laws, the GMO NetCard subsidiary Just, Inc. would be dissolved after the transfer of loan assets to NetCard, Inc. subsidiary Like Card, Ltd. on June 29, 2007.
The impact of this on the consolidated financial results of GMO Internet, Inc. will be minor.
Please refer to the IR News Release for details.
URL: http://ir.gmo.jp/en/pdf/irlibrary/disclose_info20070629_e_2.pdf
The GMO Internet Group
Please refer to the IR News Release for details.
URL: http://ir.gmo.jp/en/pdf/irlibrary/disclose_info20070629_e_2.pdf
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, Internet advertising and online securities trading 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.
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Company Name
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(TSE First Section Code: 9449)
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Address
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Cerulean Tower, 26-1 Sakuragaokacho, Shibuya ku, Tokyo, JAPAN
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CEO
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Masatoshi Kumagai
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Business Description
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■Internet Use Support (Infrastructure)
■Internet Advertising Support (Media)
■Internet Finance
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Capital
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￥9,651,750,000
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Edit (1/2009): URL updated following site renewal.