January 19, 2007
For Immediate Release
Company Name:

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

Address:

26-1 Sakuragaokacho Shibuya-ku Tokyo JAPAN

Representative:

Masatoshi Kumagai, CEO and Representative Director

Contact:

Masashi Yasuda, Managing Director

Telephone:+81 3 5456 2555
http://www.gmo.jp

URL:

Establishment of New Company through Transfer of GMO NetCard Inc StockAt a meeting today of the Board of Directors of the GMO Internet Inc consolidated subsidiary,
GMO NetCard Inc, it was decided to establish a new company through a stock transfer.

１．Purpose of Establishing New Company through Stock Transfer
A new company was established through a transfer of GMO NetCard Inc stock in order to optimize
governance in the GMO Internet Group finance segment and restructure the finance segment portfolio.

２．Conditions of Stock Transfer（１）Stock Transfer Schedule
January 19, 2007

Stock Transfer Decision by Board of Directors

February 5, 2007 (planned)

Stock Transfer Decision by Shareholders’ General
Meeting

February 6, 2007 (planned)

Registration of new company(effective foundation day)

Mid-February 2007 (planned)

New Share Certificates to be Issued（２）Stock Transfer Ratio
One share of the new company established through the stock transfer will be allocated for one GMO
NetCard Inc share.
The exchange ratio of one for one was decided after deliberation by the GMO NetCard Inc Board ofDirectors.

Copyright (C) 2007 GMO Internet, Inc. All Rights Reserved.

（３）Handling of GMO NetCard Inc Share Warrants
Owners of the share warrants No. 4 to No.7 issued by GMO NetCard Inc (hereafter GMO NetCard sharewarrants) will receive the respective share warrants No. 1 to No. 4 to be issued by the company tobe established through the stock transfer (hereafter, the share warrants) in exchange for the GMO
NetCard share warrants.
In regard to the allocation of the share warrants, on the day prior to the establishment of a company
through stock transfer, those recorded in the last GMO NetCard share warrant ledger and those who
hold share warrants recorded by GMO NetCard will be allocated the share warrants on a one for onebasis.
３．GMO NetCard Inc Outline（１）Company Name

GMO NetCard Inc（２）Business Description

Comprehensive Internet financial services（３）Established

November 1971

（４）Head Office20-1 Sakuragaokacho, Shibuya ku Tokyo JAPAN（５）CEORepresentative Director

and CEO:

Masaru Kojima

Representative Director and COO: Yoshikatsu Kamata（６）Capital\10,363,450,000（７）Total Outstanding Shares

116,559（８）Net Assets\12.365 billion (March 31, 2006)（９）Gross Assets\39.530 billion (March 31, 2006)（10）Fiscal Term

March（11）No. of Employees

Employees: 213 Contract and part time employees: 33 Temporaryemployees: 333（12）Major Customers

General customers and Financial institutions（ 13 ） Major Shareholders’

GMO Internet Inc. (ownership 90.6%)

Ownership Proportion（14）Main Bank

Mitsubishi Tokyo UFJ Bank and Risona Bank

（15）Financial Results for the Past Three Fiscal Terms
Fiscal Term
Sales (\millions)
Ordinary profit

March 2004

March 2005

March 2006

12,166

19,23918,635

872

2,318

3,041

611

1,396

1,189

(\millions)
Current net profit(\millions)
４．Outline of the New Company Established through Stock Transfer（１）Company Name

GMO LOAN-CREDIT HOLDINGS ,Inc,（２）Business Description

Control and management of company business activities（３）Head Office20-1 Sakuragaokacho, Shibuya ku Tokyo JAPANCopyright (C) 2007 GMO Internet, Inc. All Rights Reserved.

（４）Directors

Yoshifumi Nakano, Masaru Kojima, Yoshikatsu Kamata, TakashiNoguchi, Naoya Watanabe

Auditors

Katsumi Kawanishi, Masashi Yasuda, Toru Endo

（５）Capital\10 million（６）No. of Shares to be Issued

115,926（７）Fiscal TermMarch

５．Impact on this company’s consolidated financial results
The impact of this on GMO Internet consolidated financial results will be minor.

Copyright (C) 2007 GMO Internet, Inc. All Rights Reserved.