Expansion of MSB, Buy-Now-Pay-Later, Lending and Remittance Services

「In lending for overseas FinTech businesses, the development of multiple new borrowers and additional lending to existing borrowers progressed well, mainly in North America, India and Southeast Asia, and revenue increased 71.8% year on year. Transaction volumes for the remittance service, Sokyu byGMO and Invoice Card Payment byGMO also progressed steadily, and revenue increased.」

「In addition, revenue from the remittance service increased 26.7% year on year as multiple new merchants began operations. Transaction volumes for Sokyu byGMO and Invoice Card Payment byGMO also progressed steadily, and revenue increased.」

「Although growth in the merchandise e-commerce market remained limited, revenue from the deferred-payment service increased, supported by the BNPL service and GMO Kakebarai. In lending for overseas FinTech businesses, progress was made in developing new borrowers and providing additional loans to existing borrowers, mainly in North America and India, contributing to higher revenue. Transaction volumes for the salary FinTech service also progressed steadily, and revenue increased.」

「During the fiscal year, revenue from the deferred-payment service continued to grow through the acquisition of major merchants, although the impact of the fee revision in the previous fiscal year had run its course. In lending for overseas FinTech businesses, progress was made in developing new borrowers and providing additional loans to existing borrowers, mainly in North America and India, contributing to higher revenue. Transaction volumes for Sokyu byGMO also progressed steadily, and revenue increased.」

「During the first six months of the fiscal year, revenue from the deferred-payment service continued to grow through the acquisition of major merchants, although the impact of the fee revision in the previous fiscal year had run its course. On 7 February 2024, the company launched Atokara, a BNPL service supporting installment payments and in-person transactions, in partnership with Mitsui Sumitomo Card Co., Ltd. In lending for overseas FinTech businesses, the outstanding loan balance increased 25.3% year on year, mainly in North America and India, contributing to higher revenue. Transaction volumes for Sokyu byGMO also progressed steadily.」

「In lending for overseas FinTech businesses, the outstanding loan balance increased 59.7% year on year, mainly in North America and India, contributing to higher revenue. Transaction volumes for Sokyu byGMO also progressed steadily.」

「In lending for overseas FinTech businesses, the outstanding loan balance increased 43.4% year on year, mainly in North America and India, driving the expansion of segment profit. Transaction volumes for the remittance service and Sokyu byGMO also progressed steadily.」

「During the first six months of the fiscal year, revenue from GMO Atobarai grew due to the acquisition of major merchants and the impact of fee revisions, despite the continuing negative impact of the reaction to stay-at-home demand in the merchandise sector. Transaction volumes for the remittance service and Sokyu byGMO also progressed steadily.」

「During the first quarter of the fiscal year, the number of remittance transactions increased, and transaction volumes for Sokyu byGMO also progressed steadily. Revenue from the GMO Atobarai payment service grew due to the acquisition of major merchants and the impact of fee revisions.」

「During the fiscal year, the early-payment service performed well as the payment-processing business expanded. Lending for overseas FinTech businesses also contributed to higher revenue and segment profit, as progress was made in developing new borrowers expected to provide stable profitability going forward. Although revenue growth in the remittance service slowed, the number of transactions increased, while the GMO Atobarai payment service was affected by the reaction to stay-at-home consumption demand in the same period of the previous year.」

「During the first nine months of the fiscal year, the early-payment service performed well as the payment-processing business expanded. Lending for overseas FinTech businesses also contributed to higher revenue and segment profit, as progress was made in developing new borrowers expected to provide stable profitability going forward. Although revenue growth in the remittance service slowed, the number of transactions increased, while the GMO Atobarai payment service was affected by the reaction to stay-at-home consumption demand in the same period of the previous year.」

「During the first six months of the fiscal year, the early-payment service performed well as the payment-processing business expanded. Lending for overseas FinTech businesses also contributed to higher revenue and segment profit, as progress was made in developing new borrowers expected to provide stable profitability going forward.」

「During the first quarter of the fiscal year, the early-payment service performed well as the payment-processing business expanded. Lending for overseas FinTech businesses also contributed to higher revenue and segment profit, as progress was made in developing new borrowers expected to provide stable profitability going forward.」

「The financial services business (Money Service Business, or MSB) includes early-payment services that set settlement cycles to meet merchant needs and improve cash flow; transaction lending, which provides growth capital to merchants using payment and other data; lending for overseas businesses; remittance services; and the instant salary-access service Sokyu byGMO. GMO Atobarai is also provided through the consolidated subsidiary GMOペイメントサービス株式会社.」

「During the first nine months of the fiscal year, transaction volumes for GMO Atobarai continued to grow, but revenue growth slowed as credit standards were tightened in consideration of the impact of the spread of COVID-19 and the reaction to stay-at-home consumption demand in the same period of the previous year. However, segment profit progressed steadily because credit-related costs were kept at a certain level. The early-payment service performed well as the payment-processing business expanded, while development of new borrowers expected to provide stable profitability going forward progressed in lending for overseas businesses. The company also worked to expand financial services supporting intercompany payments and collaborate with financial institutions.」

「During the first six months of the fiscal year, transaction volumes for the GMO Atobarai payment service increased on stay-at-home demand, and revenue and segment profit both progressed steadily because credit-related costs were kept at a certain level, despite the impact of the spread of COVID-19 on some businesses. The remittance service grew as the number of members at some participating merchants increased, while the early-payment service also performed well and generated higher revenue as the payment-processing business expanded. In lending for overseas businesses, the development of new borrowers expected to provide stable profitability going forward progressed. In addition, the company worked to expand financial services supporting intercompany payments and to collaborate with financial institutions.」

「During the first nine months of the fiscal year, the GMO Atobarai payment service performed steadily as stay-at-home demand expanded, despite the impact of the spread of COVID-19 on some businesses. Lending for overseas businesses, GMO BtoB Hayabarai and GMO BtoB Receivables Guarantee also grew. The remittance service grew as demand for refunds increased due to the impact of COVID-19, while the early-payment service also generated higher revenue year on year during the first nine months.」

「During the first six months of the fiscal year, the GMO Atobarai payment service and lending for overseas businesses, as well as GMO BtoB Hayabarai and GMO BtoB Receivables Guarantee, grew despite the impact of the spread of COVID-19 on some businesses. Although measures to offset the negative impact of certain merchants that arose during the previous fiscal year were beginning to show results, revenue from the remittance and early-payment services declined year on year.」

「During the first quarter of the fiscal year, the GMO Atobarai payment service performed steadily, while the lending service for overseas businesses also grew and contributed to higher revenue in this business segment. Meanwhile, revenue from the remittance and early-payment services declined year on year due to the impact of certain merchants.」

「During the fiscal year, the GMO Atobarai payment service performed well, while the remittance service also grew. Financial services supporting BtoB e-commerce businesses from multiple angles and the lending service for overseas businesses, launched in the previous fiscal year, also progressed steadily and contributed to higher revenue in this business segment.」

「During the first six months of the fiscal year, the GMO Atobarai payment service and remittance service grew steadily. The lending service for overseas businesses, launched in the previous fiscal year, also progressed steadily and contributed to higher revenue in this business segment.」

「During the first quarter of the fiscal year, transaction volumes for the GMO Atobarai payment service and early-payment service increased, while the remittance service also grew steadily. The lending service for overseas businesses, launched in the previous fiscal year, also contributed to higher revenue in this business segment.」

「During the fiscal year, transaction volumes for the GMO Atobarai payment service and the early-payment service increased, while the remittance service also grew steadily. We also launched a lending service for overseas businesses, contributing to higher revenue in this business segment. To support the growth of BtoB e-commerce businesses from multiple angles, we have provided GMO BtoB Hayabarai since May 2018, which converts accounts receivable into cash early through the purchase of receivables, and GMO BtoB Receivables Guarantee, which guarantees the collection of receivables. In addition, in September 2018 we partnered with Sompo Japan Nipponkoa Insurance Inc. and began offering GMO BtoB Hayabarai to businesses enrolled in Sompo Japan Nipponkoa's trade credit insurance.」

「In addition, to provide multifaceted support for the growth of BtoB businesses, we began offering "GMO BtoB Hayabarai," which converts accounts receivable into cash early through the purchase of receivables, and "GMO BtoB Receivables Guarantee," which guarantees collection of receivables, on 15 May 2018.」

「During the six-month period ended the second quarter of the current consolidated fiscal year, the "GMO After Payment" service of GMOペイメントサービス株式会社 expanded, transaction volume for the Early Payment Service increased, and the remittance service grew steadily, contributing to higher revenue and improved profit in this segment.」

「During the first quarter of the current consolidated fiscal year, the "GMO After Payment" service of GMOペイメントサービス株式会社 expanded steadily, while transaction volume for other financial-related services also increased, contributing to higher revenue and improved profit in this segment.」

「In the financial-related business (money services business, or MSB), in addition to the "Early Payment Service," which sets payment cycles to meet merchant needs and support cash flow improvement, transaction lending to provide growth capital, and the "GMO-PG Remittance Service," we provide the postpaid payment service "GMO After Payment" through our consolidated subsidiary GMOペイメントサービス株式会社. As a payment method with strong consumer demand, "GMO After Payment" has been increasingly adopted by merchants, and transaction volume has remained strong since the business began in May 2013.」

「As a result, the performance of our group for the six-month period ended the second quarter of the current consolidated fiscal year benefited from the expansion of our payment processing services driven by increases in the number and value of payment transactions and the acquisition of large-scale projects, as well as the acquisition of large merchants by our consolidated subsidiary GMOペイメントサービス株式会社 and the expansion of Macro Kiosk Berhad, whose income statement was first consolidated from the second quarter of the current consolidated fiscal year,」

「In the financial-related business (money services business, or MSB), in addition to the "Early Payment Service," which sets payment cycles to meet merchant needs and support cash flow improvement, transaction lending to provide growth capital, and the "GMO-PG Remittance Service," we provide the postpaid payment service "GMO After Payment" through our consolidated subsidiary GMOペイメントサービス株式会社. As a payment method with strong consumer demand, "GMO After Payment" has been increasingly adopted by merchants, and transaction volume has remained strong since the business began in May 2013. During the first quarter of the current consolidated fiscal year, we began offering "GMO After Payment" on ZOZOTOWN, one of Japan's largest fashion shopping sites, from November 2016.」

「During the current consolidated fiscal year, we decided to partner with Money Forward,Inc. to provide lending services for small and medium-sized enterprises using a credit model based on invoice and accounting data.」

「In the financial-related business, we provide the postpaid payment service "GMO After Payment" through our consolidated subsidiary GMOペイメントサービス株式会社. As a payment method with strong consumer demand, "GMO After Payment" has been increasingly adopted by merchants, and the number and value of payment transactions have remained strong since the business began in May 2013. We also provide money services business (MSB) offerings, including an "Early Payment Service" that sets payment cycles to meet merchant needs and support cash flow improvement, transaction lending to provide growth capital, and the "GMO-PG Remittance Service."」