September 28, 2007

Sale of eBANK Corporation Stock

  • GMO Internet Inc.

Tokyo – September 28, 2007 – Following a decision today by the GMO Internet Inc. Board of Directors meeting, all shares held by the company in eBANK Corporation have been sold.
The sale price was ¥6.2 billion. A ¥1.2 billion capital gain will be recorded as extraordinary profit in the fiscal year ending December 2007 (consolidated/non consolidated).

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GMO Internet Inc. Group PR Team
E-mail: [email protected] 

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
¥9,651,750,000
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