GMO Internet, Inc. Announces Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2020 and Non-Consolidated Earnings Results for the Year Ended December 31, 2020
February 12, 2021 at 02:00 am EST
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GMO Internet, Inc. announced consolidated earnings results for the fourth quarter and year ended December 31, 2020 and non-consolidated earnings results for the year ended December 31, 2020. For the quarter, on consolidated basis, the company reported net sales of JPY 53,248 million compared to JPY 49,157 million a year ago. Operating profit was JPY 5,374 million compared to JPY 5,348 million a year ago. Profit attributable to owners of the parent was JPY 3,542 million compared to JPY 1,722 million a year ago.
For the year, on consolidated basis, the company reported net sales of JPY 210,559 million compared to JPY 196,171 million a year ago. Operating profit was JPY 27,893 million compared to JPY 25,279 million a year ago. Profit attributable to owners of the parent was JPY 10,284 million compared to JPY 8,337 million a year ago. Net profit per share was JPY 93.00 compared to JPY 73.16 a year ago. Diluted net profit per share was JPY 91.75 against JPY 72.08 a year ago. Net profit was JPY 18,667 million compared to JPY 16,367 million a year ago.
For the year, on non-consolidated basis, the company reported net sales of JPY 64,251 million compared to JPY 56,021 million a year ago. Operating profit was JPY 5 million compared to JPY 624 million a year ago. Net profit was JPY 7,040 million compared to JPY 4,592 million a year ago. Net profit per share was JPY 63.66 compared JPY 40.30 a year ago.
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.
GMO Internet, Inc. Announces Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2020 and Non-Consolidated Earnings Results for the Year Ended December 31, 2020
GMO INTERNET GROUP, INC. 
