GMO Payment Gateway : Summary of Consolidated Financial Statements for Fiscal Year, FY2025 (IFRS)

Note: This document has been translated from a part of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.

November 13, 2025

Summary of Consolidated Financial Statements for Fiscal Year Ended September 2025 (FY2025, IFRS)

Company name: GMO Payment Gateway, Inc. Listing: Tokyo Stock Exchange Securities code: 3769

URL: https://www.gmo-pg.com/en/ir/

Representative: Issei Ainoura President & Chief Executive Officer

Inquiries: Ryu Muramatsu Director, Executive Vice President Telephone: [phone]

Scheduled date of annual general meeting of shareholders: December 14, 2025 Scheduled date to commence dividend payments: December 16, 2025 Scheduled date to file annual securities report: December 12, 2025 Preparation of supplementary material on financial results: Yes

Holding of financial results briefing: Yes (for institutional investors and analysts)

(Yen amounts are rounded down to millions, unless otherwise noted.)

1. Consolidated financial results for the fiscal year ended September 30, 2025 (from October 1, 2024 to September 30,

   2025)

   1. Consolidated operating results (Percentages indicate year-on-year changes.)

      	Revenue		Operating profit		Profit before income taxes		Profit		Profit attributable to owners of parent		Total comprehensive income
      Fiscal year ended	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%
      September 30, 2025	82,499	11.8	31,340	24.4	31,911	16.0	22,538	17.2	21,829	16.7	20,450	14.3
      September 30, 2024	73,785	16.9	25,187	24.0	27,504	33.3	19,235	39.2	18,705	38.8	17,898	1.3

      	Basic earnings per share	Diluted earnings per share	Return on equity using profit attributable to owners of parent	Return on assets using profit before taxes	Operating profit margin
      Fiscal year ended	Yen	Yen	%	%	%
      September 30, 2025	287.79	284.43	20.2	8.5	38.0
      September 30, 2024	246.62	243.85	19.2	8.6	34.1

      Reference: Share of profit (loss) of investments accounted for using equity method

      Fiscal year ended September 30, 2025:	¥ 399	million
      Fiscal year ended September 30, 2024:	¥ 181	million

   2. Consolidated financial position

      	Total assets	Total equity	Total equity attributable to owners of parent	Ratio of total equity attributable to owners of parent to total assets	Total equity attributable to owners of parent per share
      As of September 30, 2025 September 30, 2024	Millions of yen 406,800 344,702	Millions of yen 116,177 105,819	Millions of yen 113,013 102,895	% 27.8 29.9	Yen 1,489.88 1,356.60

   3. Consolidated cash flows

   	Cash flows from operating activities	Cash flows from investing activities	Cash flows from financing activities	Closing balance of cash and cash equivalents
   Fiscal year ended	Millions of yen	Millions of yen	Millions of yen	Millions of yen
   September 30, 2025	53,759	△7,328	△1,242	220,040
   September 30, 2024	49,472	△5,231	△3,728	174,053

2. Cash dividends

   	Annual dividend					Total Dividend Amount	Dividend Payout ratio (consolidated)	Ratio of dividends to equity (consolidated)
   	End of Q1	End of Q2	End of Q3	Year-end	Total
   	Yen	Yen	Yen	Yen	Yen	Millions of yen	%	%
   Fiscal year ended September 30, 2024	0.00	0.00	0.00	124.00	124.00	9,492	50.3	9.6
   Fiscal year ended September 30, 2025	0.00	0.00	0.00	144.00	144.00	11,023	50.0	10.1
   Fiscal year ending September 30, 2026 (Forecast)	0.00	0.00	0.00	170.00	170.00		55.1

   Note: Breakdown of FY2024 year-end dividend :

   Ordinary dividend 116.00 yen

   Special dividend 8.00 yen

3. Consolidated financial result forecasts for the fiscal year ending September 30, 2026 (from October 1, 2025 to September 30, 2026)

(Percentages indicate year-on-year changes.)

	Revenue		Operating profit		Profit before income tax		Profit		Profit attributable to owners of parent		Basic earnings per share
	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%	Yen
Six months ending March 31, 2026	44,131	8.3	18,070	18.0	17,348	10.1	11,302	10.1	10,890	10.6	143.57
Full year	93,235	13.0	37,639	20.1	36,119	13.2	24,284	7.7	23,406	7.2	308.58

* Notes
(1) Significant changes in the scope of consolidation during the period:	Yes
Newly included: １ companies (enpay Inc. Excluded: - companies (		) )
Note: The company has been renamed GMO Enpay, Inc. as of February 20, 2025.

1. Changes in accounting policies and changes in accounting estimates

   1. Changes in accounting policies required by IFRS: None

   2. Changes in accounting policies due to other reasons:None

   3. Changes in accounting estimates: None

2. Number of issued shares (ordinary shares)

   1. Total number of issued shares at the end of the period (including treasury shares)

      As of September 30, 2025	76,557,545 shares
      As of September 30, 2024	76,557,545 shares

   2. Number of treasury shares at the end of the period

      As of September 30, 2025	703,877 shares
      As of September 30, 2024	709,877 shares

   3. Average number of shares outstanding during the period

Fiscal Year ended September 30, 2025	75,851,927 shares
Fiscal Year ended September 30, 2024	75,846,071 shares

Note: Number of treasury shares at the end of the term above include the shares attributed to the directors' remuneration Board Incentive Plan (BIP) trust and J-ESOP (704,305 shares for FY2024; 698,305 shares for FY2025.)

[Reference] Overview of non-consolidated financial results

1. Non -consolidated financial results for the fiscal year ended September 30, 2025 (from October 1, 2024 to September 30, 2025)

   1. Non-consolidated operating eesults (Percentages indicate year-on-year changes.)

      	Revenue		Operating profit		Ordinary profit		Net Profit
      Fiscal year ended September 30, 2025 September 30, 2024	Millions of yen 44,566 37,558	% 18.7 17.1	Millions of yen 21,817 17,660	% 23.5 16.1	Millions of yen 29,405 19,892	% 47.8 9.0	Millions of yen 22,117 14,063	% 57.3 70.0

      	Earnings per share	Diluted earnings per share
      Fiscal year ended	Yen	Yen
      September 30, 2025	291.59	285.41
      September 30, 2024	185.42	180.78

   2. Non-consolidated financial position

   	Total assets	Total net assets	Equity ratio	Net assets per share
   As of September 30, 2025 September 30, 2024	Millions of yen 293,947 231,353	Millions of yen 70,846 58,443	% 24.1 25.3	Yen 933.99 770.54

   Reference: Equity

   As of September 30, 2025: ¥ 70,846 million

   As of September 30, 2024: ¥ 58,443 million Note: Non-consolidated financial results are based on J-GAAP standards.

   • Financial results reports are exempt from audit conducted by certified public accountants or an audit firm.

   • Proper use of earnings forecasts, and other special matters

     1. The above forecasts are outlooks based on information currently available and include various uncertain factors. Actual performance may differ substantially from the forecasts due to changes in business conditions and other factors. For the assumption on which financial forecasts are based and matters to be considered in using financial forecasts, please refer to "(5) Earning forecast" under "1. Qualitative Information on Consolidated Financial Statements for the Fiscal Year" on page 10 of the attachment.

     2. Results Presentation for Investors and Analysts to be held on November 13, 2025. Supporting materials and a video of the presentation will be made available promptly on the company's website after the event.

   Table of contents of attachments

   １． Qualitative Information on Consolidated Financial Statements for the Fiscal Year 5

   （１）Consolidated operating results for the fiscal year 5

   （２）Status of consolidated financial position for the fiscal year 9

   （３）Status of cash flow position for the fiscal year 9

   （４）Basic policy on profit distribution and dividends for current and next fiscal year… 10

   （５）Earnings forecast… 10

2. Management Policy 11

   （１）Basic policy on corporate management… 11

   （２）Management KPI targets 11

   （３）Priority issues to be addressed 12

3. Basic Stance on Accounting Standard Selection 13

4. Consolidated Financial Statements and Major Notes 14

（１）Consolidated balance sheet… 14

（２）Consolidated statement of income and statement of comprehensive income 16

（３）Consolidated statement of changes in equity 18

（４）Consolidated statement of cash flows 19

（５）Notes regarding the going concern assumptions 21

（６）Notes regarding consolidated financial statement… 21

➀ Reporting entity 21

➁ Basis of preparation 21

③ Significant accounting policies 21

➃ Trade and other receivables 22

⑤ Gain on sales of investments accounted for using by equity method 22

⑥ Segment information 22

⑦ Per share information 25

Ⓑ Related party transactions 25

⑨ Significant subsequent events 25

１．Qualitative Information on Consolidated Financial Statements for the Fiscal Year

（１）Consolidated operating results for the fiscal year

Forward-looking statements in the document are based on the judgement of GMO Payment Gateway, Inc. (GMO-PG or the Company) and its consolidated subsidiaries at the end of the fiscal year under review.

① Consolidated operating results

Earnings results for the consolidated fiscal year 2025 (October 1, 2024 to September 30, 2025) as follows.

(Unit: Thousand Yen)

	FY2024 (From October 1, 2023 to September 30, 2024)	FY2025 (From October 1, 2024 to September 30, 2025)	Rate of change (%)
Revenue	73,785,055	82,499,385	11.8
Operating profit	25,187,463	31,340,267	24.4
Profit before income taxes	27,504,689	31,911,317	16.0
Profit attributable to owners of parent	18,705,445	21,829,235	16.7

ａ．Revenue

Revenue reached ¥82,499 mil, up 11.8% YoY. The transaction volume and value for the sum total of online billing, recurring billing, Card Present (CP) payment and GMO Payment After Delivery, increased by 17.4% YoY and by 16.5% YoY, respectively. As a result, the Payment Processing Business revenue reached ¥61,677 mil (up 10.3% YoY), Money Service Business (MSB) revenue was ¥19,188 mil (up 16.6% YoY) and Payment Enhancement Business revenue was ¥1,766 mil (up 17.0% YoY). For details, please refer to page 6 of "② Results by segment" found under "(1) Consolidated operating results for the fiscal year" of "1. Qualitative Information on Consolidated Financial Statements for the Fiscal Year".

The revenue breakdown by business model is as follows. Stock, fee and spread revenues trended favorably although initial revenue growth rate was impacted from the large-scale project in the CP domain in the previous fiscal year.

(Unit: Thousand Yen)

Business model	FY2024 (From October 1, 2023 to September 30, 2024)	FY2025 (From October 1, 2024 to September 30, 2025)	Rate of change (%)
Initial (Initial revenue)	12,398,190	9,497,740	△23.4
Stock (Fixed revenue)	11,505,453	13,796,280	19.9
Fee (Transaction processing revenue)	21,356,307	24,864,743	16.4
Spread (Merchant acquiring service revenue)	28,525,104	34,340,622	20.4
Total	73,785,055	82,499,385	11.8