Financial Results Briefing for the Fiscal Year Ended December 2022
February 13, 2023
Event Summary
[Company Name]
GMO Internet Group, Inc.
[Company ID]
9449-QCODE
[Event Language]
JPN
[Event Type]
Earnings Announcement
[Event Name]
Financial Results Briefing for the Fiscal Year Ended December 2022
[Fiscal Period]
FY2022 Q4
[Date]
February 13, 2023
[Number of Pages]
48
[Time]
16:00 - 16:47
(Total: 47 minutes, Presentation: 47 minutes)
[Venue]
Webcast
[Venue Size]
[Participants]
[Number of Speakers]
2
Masatoshi Kumagai
Founder, Chairman, and Group CEO
Masashi Yasuda
Director, Executive Vice President and Group
CFO, Deputy to Group CEO
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1
Presentation
Moderator: Hello everyone. Thank you very much for taking time out of your busy schedules to join us today for GMO Internet Group, Inc.'s financial results briefing. We are pleased to announce the speakers for today's briefing. Mr. Masatoshi Kumagai, Chairman of the Board and Group President, and Mr. Masashi Yasuda, Executive Vice President, are attending today's briefing. An outline of the financial results will be followed by a question-and-answer session.
Before the presentation, we will explain the changes to the recording rules. The accounting standards for revenue recognition have been applied from the current fiscal year, resulting in a change in the rule for recording sales.
In this document, figures before the rule change are shown as the old standard and those after the application as the new standard. Our approach to sales and operating income is described here.
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Now, regarding YoY comparisons, we will use the same yardstick, the old standard, to compare the affected sectors, namely consolidated, infrastructure, and advertising and media, in order to accurately convey the reality of the business.
A comparison of the old and new standards can be found in the appendix. In addition, comparative calculations are made for the old and new standards for divisions with minor effects.
President Kumagai will now begin the explanation.
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North America
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Tollfree
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Kumagai: Hello everyone. I am Masatoshi Kumagai, President of GMO Internet Group. Thank you very much for joining us today despite your busy schedules.
I will now explain the financial results for FY2022. The agenda is as shown.
Performance forecast summary. The numbers are as you can see.
Both the old and new standards achieved their best results, and the Company posted its 14th consecutive fiscal year of sales and profit growth.
Support
Japan
050.5212.7790
North America
1.800.674.8375
Tollfree
0120.966.744
Email Support
support@scriptsasia.com
4
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Disclaimer
GMO Internet Inc. published this content on 15 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 February 2023 10:34:05 UTC.
GMO Internet Group Inc, formerly GMO Internet Inc, is engaged in Internet infrastructure business, Internet advertising and media business, Internet finance business, crypto asset business and incubation business. The Company operates through five segments. The Internet Infrastructure segment is engaged in domain business, cloud hosting business, electronic commerce (EC) support business, security business, and access business. The Internet Advertising and Media segment is engaged in Internet advertising business, Internet media business, and Internet research business. The Internet Finance segment provides financial instruments trading services such as online securities trading services and foreign exchange margin trading services. The Crypto Asset segment is engaged in the business related to crypto asset exchange and mining. The Incubation segment invests in unlisted companies, mainly Internet-related companies. The Company is also engaged in the mobile entertainment business.