Frequently Asked Questions

The following are the results based on IFRS standards.
Revenue \82,499 million (+11.8%)
Operating profit \31,340 million (+24.4%)
Profit before taxes \31,911 million (+16.0%)
Profit \22,538 million (+17.2%)
Profit attributable to owners of parent \21,829 million (+16.7%)
(% indicator shows the year-on-year changes)

The following are the forecasts based on IFRS standards.
Revenue \93,235 million (+13.0%)
Operating profit \37,639 million (+20.1%)
Profit before taxes \36,119 million (+13.2%)
Profit \24,284 million (+7.7%)
Profit attributable to owners of parent \23,406 million (+7.2%)
(% shows the year-on-year changes)

We continue our mid-to-long term focus on expanding/strengthening our businesses and growing our profits. In addition, we have established a dividend payout target as part of the shareholder return policies and to carry out the requisite IR activities.

The dividend for the fiscal year ending September 2026 (FY2026) is planned at \170 per share based on favorable business conditions and to further strengthen shareholder returns by continuing the trend of consecutively increasing the ordinary dividend since dividend payment commenced, thereby enhancing the medium-to-long term corporate value.

We view reducing the trading lot size as one of the viable ways to increase the number of investors trading in our stock and thereby increase the stock's liquidity. We have not made any decision regarding changing the trading lot size as of now, but will continue to consider the stock price, supply/demand sitation, changes in shareholder structure and other related issues.

163,890 operating stores as of end-September 2025.

(*) Figure excludes a certain merchant and fincode byGMO. If included, operating stores would be 782,780 stores for the same period.

We provide payment-related services that support the customer's online and cashless migration and digital transformation (DX). Annual transaction value exceeds \21 trillion and the comprehensive online payment services have been adopted by over 150,000 merchants including EC operators and public institutions such as NHK, National Tax Agency, etc. (as of end-September 2025, consolidated figures).
As the leading company in the payment industry, we contribute to the advancement and realization of a sustainable society by driving social innovations using payment and financial technology through our services, such as online comprehensive payment service, payment services in the offline market, Buy Now Pay Later (BNPL), BaaS Support services to financial institutions and enterprises and strategic investment and lending to overseas leading-edge FinTech companies.

The business model of the Payment Processing service is built on stable stock revenues overlaid with transaction-linked revenues.

The Company classifies the types of revenues received from merchants as follows:

1. Initial (initial revenue)：Initial cost for merchants to implement payment terminals, etc. in the CP domain.
2. Stock (fixed revenue)：Monthly fixed amount for support and administrative services.
3. Fee (transaction processing revenue)：Variable charge based on the number of transactions.
4. Spread (merchant revenue)：Commission rate charged on the merchant's revenue for aggregating and depositing the merchant's sales proceeds.

In addition, we provide value-added services (Money Service Business and Payment Enhancement Business) to merchants that use our payment processing services, all of which contribute to expanding merchants' revenue. This establishes a feedback loop of increasing transactions at merchants which complements our core business.

During the Q4 of FY2025 (July to September 2025) transaction volume (Consolidated) amounted to 2.17 billion and transaction value (Consolidated) reached 5.5 trillion yen. ^(*)

(*) The online TRX volume is 1.79 billion and TRX value is 3.1 trillion yen if GMO Financial Gate is excluded.

"Spread (merchant acquiring service revenue)" is received under "representative merchant contract" that covers payments between a merchant and various credit card companies as a comprehensive package. According to this contact, merchants' proceeds are paid to us from each credit card company, and then are paid to the merchants by us as a lump sum. The commission that is charged on merchant proceeds, which is paid by us to a merchant, is named "spread (merchant acquiring service revenue)". In calculating this type of revenue we have adopted a net method of accounting.

The online payment service is used by a diverse range of customers, particularly by merchandise and non-merchandise EC operators, and also by public institutions, etc. In addition, payment services are also offered to offline stores, and the BaaS Support service is primarily used by financial institutions and business operators.

View Success Stories

As a company providing the payment infrastructure for the online (primarily e-commerce) and CP (card-present) markets, we work to create a safe and convenient e-commerce and cashless environment to drive EC penetration in Japan, promote digital transformation (DX) and raise cashless penetration rates. In addition, we will continue to scale up by launching new businesses, forging business and capital/business alliances with partners, establishing subsidiaries, and pursuing overseas expansion.

We promote business activities that support online and cashless migration, paperless operations, digital transformation (DX) and financial inclusion. We strive to contribute to sustainable social advancement and sustainable enhancement of enterprise value by resolving societal issues through our business activities.

Gross profit margin of our core business, online payment processing service, is approximately 85%. Gross margin of value-added services is different from service to service, but is lower than that of the payment processing service.

In the consolidated balance sheet as of the end of September 2025, current liabilities of \19,935 million includes corporate bonds (zero coupon convertible bonds) of \19,935 million and borrowings of \13,410 million; the non-current liabilities includes corporate bonds of \19,916 million and \9,902 million in borrowings.

We will manage our business with the aim of achieving operating profit of \100.0 billion by FY2030 or FY2031, and, upon reaching this milestone, will strive for sustainable medium- to long-term growth and enhanced corporate value.

The Company handles important information such as credit card information, etc. as part of the business of providing credit card payment processing services.

In order to prevent information leakages and as a measure to strengthen risk management, the Company acquired accreditation for compliance with the global standard of information security management ISO/IEC 27001:2013 (Japanese standard JIS Q27001:2014) applicable to all offices of GMO-PG and its consolidated companies, becoming the first listed payment processing company to achieve this. This objectively certifies that the information security management system of GMO-PG and its consolidated subsidiaries is safe and in compliance to strict international standards.

In addition, the latest accreditation was received on December 2024 for PCI DSS, the global security standard for the credit card industry jointly formulated by the five international credit card brands of JCB, American Express, Discover, Master Card, and VISA, following yearly re-certification audits after the first certification in December 2008.

Regarding the handling of personal information, the Company received the PrivacyMark certification that signifies compliance with the Japanese Industrial Standard's JIS Q15001:2017 Personal Information Protection System - Requirements" in recognition of the appropriate measures taken to safeguard personal information. In addition to compliance with laws and regulation, the Company established and operates a proprietary personal information protection management systems based on higher internal standards.

The major consolidated subsidiaries are as follows.

• GMO Epsilon, Inc.
  As a company driving the digitalization of the SME domain, GMO Epsilon provides online payment services and FinTech services by providing growth funds and cashflow support to EC operators and startups in the SME domain. https://www.epsilon.jp/(only available in Japanese language)
• GMO Payment Services, Inc.
  Provides Payment After Delivery and BNPL services to BtoC EC operators as well as B2B Pay On Credit service to B2B operators. https://www.gmo-ps.com/(only available in Japanese language)
• GMO Financial Gate, Inc.
  As a company driving the cashless penetration in the Card Present domain, GMO Financial Gate provides multi-payment terminals to physical stores, in addition to services to implement contactless NFC payments (Tap to Pay) and unmanned operations (IoT payment). https://gmo-fg.com/en/
• GMO Reserve Plus Co.,Ltd.
  Provides reservation management systems to support the digital transformation (DX) of operations such as reception and reservations primarily to medical institutions. https://gmo-reserve.plus/(only available in Japanese language)
• GMO Enpay, Inc.
  Provides platforms to support the DX and cashless migration of tuition-collection operations at educational institutions. https://www.enpay.co.jp/corporation(only available in Japanese language)
• GMO-Z.COM PAYMENT GATEWAY PTE. LTD.
  GMO-Z.com PAYMENT GATEWAY USA, Inc.
  Support the creation of transformative innovations through investments and loans to promising FinTech startups in U.S.A. and Asia. https://www.gmo-pg.com/investment/

We make decisions independently for sales activities of all businesses and all other operations, and are only required to report important resolutions regarding business activities to the parent company GMO Internet Group, Inc. We acknowledge that the management's independence is secured and that the concurrent positions held by Directors of GMO Internet Group do not hamper our indigenous decision-making.
Specifically, in the event of a new or recurring transaction between GMO-PG and GMO Internet Group's group of companies, a careful examination is made to compare the terms and conditions and appropriateness on an arms' length basis with a third party, from the perspective of protecting the interests of non-controlling shareholders. Specifically, such transactions will undergo periodic reviews to comprehensively assess and compare the transactions against arms' length transactions with third parties, and report the transactions' appropriateness to the Board of Directors attended by independent External Directors.

Furthermore, important transactions and actions that entail a conflict of interest between the controlling and non-controlling shareholders are deliberated and considered at the Special Committee which includes independent External Directors. The findings are reported to the Board of Directors where a resolution is reached.

For detailed information, please refer to article "3. Risk factors" in paragraph "2. Business Overview" of "Securities Report for the Fiscal Year Ended September 2025" (only available in Japanese language).

GMO-PG and its consolidated companies uphold the management principle of "pursuing both material and spiritual prosperity through our contributions to the progress and development of society" and established a governance structure to effectively and efficiently realize the management principle. Our fundamental approach to corporate governance is to ensure both the efficiency and legality of management while implementing the necessary governance frameworks and measures for sustainable and sound growth. We regard this as one of the most critical management priorities.Additionally, GMO-PG and its consolidated companies is strengthening its governance structure through the various rules for employees at all the consolidated companies, together with the Rules for Affiliated Companies which stipulates the management policies and structures at the consolidated companies and the Employee's Code of Conduct which stipulates basic views pertaining to the management principle and compliance.

For more detailed information, please refer to article "4. Corporate Governance" in paragraph "4. Information on the Company" of "Securities Report for the Fiscal Year Ended September 2025" (only available in Japanese language).

Change of listing market to Tokyo Stock Exchange Prime Market on April 4, 2022 (securities code is 3769).

The Company had its Initial Public Offering (IPO) on April 4, 2005, with an opening price of \4,500,000, against the offer price of \800,000 and total shares outstanding of 18,975.2 shares. The following are the history of stock splits: a 1:4 split on November 18, 2005; a 1:200 split on July 1, 2012; a 1:2 split on October 1, 2014, and a 1:2 split on October 1, 2018.

100 shares.

Total shares outstanding is 76,557,545 shares as of September 30, 2025.

The Company's fiscal year ends on September 30 each year.

Attending the financial results briefing meeting is intended only for securities analysts who disseminate information widely to sharesholders, investors and mass media professionals. Individual investors are not invited due to constraints of the venue. Materials used at the financial results briefing are posted on our website. Company meetings for individual investors are held semi-annually, in principle. Information on the upcoming meetings are posted on the website and stated in the email letter.

Please contact Corporate Value Creation Strategy Division, Investor Relations Office

E-mail: ir@gmo-pg.com

The silent period is based on internal rules to prevent the leakage of information of financial results that may influence the share price during the preparation period of financial results materials.
The silent period begins three weeks prior to the earnings announcement date of each quarter.

Yes, we will answer to your questions. However, be informed that we will not provide any information regarding unreleased financials results, business performance results and forecasts.