November 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 Full-Year Results Forecast for the Fiscal Year Ending December 2008
GMO Internet announces the following revisions to results forecasts for the fiscal year ending
December 2008 (01.01.2008 – 12.31.2008) previously released in the documents “Revision toInterim and Full Year Results Forecast for the Year Ending December 2008” (May 8, 2008) and“Revision to Consolidated Full Year Results Forecast for the Year Ending December 2008” (May19, 2008).
1.

Revision to Results Forecast (01.01.2008 – 12.31.2008)(1) Consolidated(Unit: ¥millions)
Sales

Operating Profit

Ordinary Profit

Net Profit

Previous Forecast (a)(May 19, 2008)

39,000

4,500

4,200

1,700

New Forecast（b）

37,000

4,500

4,200

2,100

Amount of Change（b-a）-2,000－－400

Percentage Change(Reference)
Actual Results in the Previous
Term (FYE December 2007)-5.1%－－23.5%46,315-8,922-9,666-17,598(2) Non-Consolidated(Unit: ¥millions)
Sales

Operating Profit

Ordinary Profit

Net Profit

Previous Forecast (a)(May 8, 2008)

13,500

1,600

1,750

1,800

New Forecast（b）

12,500

1,600

1,750

1,950

Amount of Change（b-a）-1,000－－150

Percentage Change(Reference)
Actual Results in the Previous
Term (FYE December 2007)-7.4%－－8.3％

12,933

1,314

1,106-25,625

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

2.

Reasons for Revision(1) Consolidated Results Forecast
Due to a reduction in the handling of recruitment advertising and other external advertising media,
we have reduced our sales forecast by 2 billion yen to 37 billion yen. However, this expected
reduction in sales is offset by an increase in sales of our own high margin media and we therefore
maintain our existing operating and ordinary profit forecasts.
In regard to net profit, despite an extraordinary loss resulting from the write down of some assets weare raising our forecast 400 million yen to 2.1 billion yen as a result of a gain on reversal of allowancefor doubtful debt following repayments received in the second half of the year from bankrupt creditors,
extraordinary profit from a gain on the redemption of bonds after an advance redemption, reduced
tax expenses resulting from an improvement in the consolidated corporate tax burden ratio, andother factors.
(2) Non Consolidated Results Forecast
As a result of the divestment of a business to a subsidiary we now expect sales of 12.5 billion yen,
1 billion below our previous forecast. However this move has not impacted profits and we maintainour previous operating and ordinary profit forecasts.
In regard to net profit, as a result of a gain on reversal of allowance for doubtful debt following
repayments received in the second half of the year from bankrupt creditors, extraordinary profit froma gain on the redemption of bonds after an advance redemption, and other factors we are raising ourforecast by 150 million yen to 1.95 billion yen.
These forecasts are based on information available at the time of release and include factorsthat are largely indeterminable. Actual results may vary from the projected figures as a result ofchanges in business conditions.

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