GMO Internet shares continued to fall, dropping ¥190 from the previous day to ¥3,027. At a press conference held on the 2nd, concerns over the unauthorized access issue and governance were again highlighted.
GMO Internet Group shares fell ¥190 from the previous day to ¥3,027, hitting their lowest level in four and a half months. The move came after the press conference held on the 2nd, and the company's shares remain in a downtrend.
At the press conference, the company explained that although it had identified a vulnerability in April 2024 concerning unauthorized access to its services, it had not reached a fundamental solution, resulting in delayed detection and an expansion of the damage. It was reported that selling emerged amid concerns over governance and the impact on earnings.
According to media reports, GMO also faces allegations of unauthorized access to its automated FX trading servers, and attention is focused on its future response, including the possibility that customer information was viewed. The article contains information limited to members, indicating that caution is required regarding the release of follow-up reports.