Q2 2019 GMO Internet Inc Earnings Presentation Transcript

Aug 06, 2019 / 07:00AM GMT
Presentation
Aug 06, 2019 / 07:00AM GMT

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Corporate Participants
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* Masatoshi Kumagai
GMO Internet, Inc. - Founder, Chairman of the Board, Group CEO and President

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Masatoshi Kumagai - GMO Internet, Inc. - Founder, Chairman of the Board, Group CEO and President

This is Kumagai. I would like to commence the GMO Internet Fiscal Year 2019 Second Quarter Results Presentation. Today's agenda is as shown on the slide.

Let me start with the overview. This is the executive summary of the April to June second quarter financial results.

Regarding the consolidated results. Last year, during the same period, VC incubation business sold off shares and marked the highest performance. Due to this, this term had no one-off factors; and therefore, the results were increase in revenue, decrease in profit.

Next is the highlight from April to June. Infrastructure business is doing extremely well, continuously driven by our provider and payment business.

Finance market

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