August 12, 2008
For Immediate Release
Company Name:

GMO Internet Inc.
(TSE First Section, Code: 9449）

Address:

26-1 Sakuragaoka-cho Shibuya-ku Tokyo JAPAN

Representative:

Masatoshi Kumagai, CEO and Representative Director

Contact:

Masashi Yasuda, Managing Director

Telephone:+81 3 5456 2555

URL:

http://www.gmo.jp/en

Revision to Interim Results for the Year Ending December 2008
The following revisions have been made to the interim (01.01.2008–06.30.2008) results forecast
announced in the document Revision to Interim and Full Year Results for the Year Ending December
2008 released May 8, 2008.
1. Revision to Interim Results Forecast (01.01.2008-06.30.2008)(1) Consolidated(Unit: yen millions)

Sales

Operating Profit

Ordinary Profit

Net Profit

Previous Forecast (a)(May 8, 2008)

17,0001,900

1,600700

New Forecast（b）

17,204

2,001

1,815

973

Amount of Change（b-a）

204

101

215

273

Percentage Change

1.2%

5.3%

13.4%

39.0％

30,029-10,495-10,810-15,699(Reference)

Actual Results in the Previous
Term (Interim Results for the
Fiscal Year Ended 12/2007)(2) Non Consolidated(Unit: yen millions)

Sales

Operating Profit

Ordinary Profit

Net Profit

Previous Forecast (a)(May 8, 2008)

6,700

600

750800New Forecast（b）

6,351

601

893

823

Amount of Change（b-a）

-349

1143

23

Percentage Change

-5.2%

0.2%

19.1％

2.9％

6,589

788

738

-22,770(Reference)

Actual Results in the Previous
Term (Interim Results for theFiscal Year Ended 12/2007)

Copyright (C) 2008 GMO Internet, Inc. All Rights Reserved.

2. Revision to Full Year Results Forecast (01.01.2008 – 12.31.2008)
The full year consolidated results forecast has not been revised since May 19, 2008 (Revision toConsolidated Full Year Results Forecast for the Year Ending December 2008). The
non-consolidated full year results forecast has not been revised since May 8, 2008. (Revision toInterim and Full Year Results for the Year Ending December 2008).
3. Reasons for Revised Forecast(1) Consolidated Results Forecast
The Internet Infrastructure and Internet Media segments are performing solidly and we expect sales toexceed our initial forecast reaching 17.204 billion yen. Operating profit is expected to reach 2.001 billion
yen, 101 million yen more than previously forecast. This is a result of a reduction in forecast businessand SGA expenses as well as increased sales.
In regard to ordinary profit, increased operating profit and non-operating revenue arising from greaterthan first projected interest earned have led us to revise our forecast upward by 215 million yen to 1.815
billion yen. Despite extraordinary losses arising from the impairment of some assets, we expect net profit
to reach 973 million yen, 273 million yen more than previously forecast. Contributing factors include
extraordinary profit from a gain on reversal of allowance for doubtful debts recorded following the partial
recovery of bankrupt receivables.
(2) Non Consolidated Results Forecast
Non-consolidated sales are expected to fall slightly coming in at 6.351 billion yen, 349 million yen under
the previous forecast. However as a result of a reduction in forecast business and SGA expenses,
operating profit is expected to top prior forecasts and reach 601 million yen. Ordinary profit is also
expected to exceed earlier forecasts and should reach 893 million yen, 143 million yen over the previousforecast. Despite recording an extraordinary loss on evaluation of stock in a subsidiary we expect net
profit to come in over previous forecasts at 823 million yen. This is a result of extraordinary profit
recorded following the partial recovery of bankrupt receivables.
At this stage full year results forecasts are not being revised. However if it is determined that a change inthe condition of business necessitates a revision, revised figures will be promptly disclosed.
These forecasts are based on information available at the time of release and include factors that arelargely indeterminable. Actual results may vary from the projected figures as a result of changes inbusiness conditions.

Copyright (C) 2008 GMO Internet, Inc. All Rights Reserved.