January 19, 2007
New Company Established through NetCard Stock Transfer
- GMO Internet, Inc.
Tokyo-January 19, 2007-- GMO Internet consolidated subsidiary, GMO NetCard Inc, decided at the Board of Directors meeting held today to establish a wholly-owning parent company through a stock transfer.
Please refer to the notification on our investor relations site, Establishment of New Company through Transfer of GMO NetCard Inc Stock for the following details.
1. Purpose of establishing a wholly-owning parent company.
2. Conditions of Stock Transfer
（1）Stock Transfer Schedule
（2）Stock Transfer Ratio
（3）Handling of GMO NetCard Inc. share warrants
3. GMO NetCard Inc. Outline
4. Outline of the New Company Established through Stock Transfer
5. Impact on this Company’s Consolidated Financial Results
Media Inquiries
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 provide web hosting, e-commerce tools, domain registration, Internet advertising, online securities trading and a host of other services to over 22 million individual and 550 000 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)
■Internet Finance
|
|
Capital
|
￥7,148,290,000
|