GMO Internet Inc. (4784 JP) Shares Surge 19.3% on Tokyo Stock Exchange
Japanese tech firm specializing in internet infrastructure, advertising, and fintech sees second consecutive day of sharp gains
GMO Internet Inc. (formerly GMO AD Partners Inc.) was once again one of Japan’s top gainers on April 16, 2025, posting a strong share price increase of over 19%—its second consecutive day of sharp gains. On Tuesday, the stock had already closed 15% higher.
Only one stock outperformed it today: Nihon Chouzai (3341), which surged 23.4%. We covered Nihon Chouzai yesterday, noting speculation that it may be delisted—news that had already pushed the stock up 20% at the time.
On Wednesday, April 16, GMO Internet was the second-best performing stock on the Tokyo market, climbing 19.3% to close at ¥2,406. Interestingly, this rally appears to be happening without any clear news catalyst.
Thanks to this dramatic rise in recent days, GMO Internet is now up exactly 100.7% year-to-date in 2025, making it one of the best-performing stocks in Japan this year. Only seven other names in the Dividend Japan database have posted stronger gains.
GMO Internet, trading under symbol/ticker 4784, is a Japan-based tech company active across several internet-related industries. It operates primarily through two segments:
Agency Segment – Focused on internet advertising and website marketing services.
Media Ad Tech Segment – Develops and operates advertising technology products and digital media content.
Beyond advertising, GMO is a leader in internet infrastructure, with dominant market share in Japan for domain registration and web hosting (e.g., onamae.com). The company also provides cloud solutions, including high-performance GPU-based cloud services for AI applications. Additionally, GMO is active in online finance (banking, securities, FX trading via GMO Aozora Net Bank) and cryptocurrency services (trading and mining).
Headquartered in Tokyo, GMO Internet has a global presence across 57 locations in 21 countries, continuing to expand through innovation and integrated digital services.
GMO Internet is by no means a cheap stock, trading at an estimated P/E ratio of over 100 for 2025. We’re also not impressed by its weak fundamentals: the company’s ROIC is low, and its EBIT margin was even negative last year.
With a market capitalization of approximately $4.6 billion, GMO is a major player in Japan. But scale alone doesn’t make it attractive.
Note: GMO Internet (4784) should not be confused with GMO Internet Group (ticker: 9449), which is currently trading around ¥3,118.
GMO Internet Group Inc., formerly known as GMO Internet Inc., is active in internet infrastructure, online advertising and media, internet finance, crypto assets, and incubation businesses, and has a market capitalization of approximately $2.3 billion.
When it comes to dividends, we’re equally unimpressed. For fiscal year 2023, the dividend was slashed by nearly 90%, dropping from ¥12.50 to just ¥1.30. While expectations point to a significant rebound in payouts this year, the current dividend yield sits at a meager 0.3%—hardly compelling for income-focused investors.
Disclaimer: The information provided here is for informational purposes only and should not be considered financial advice. Investors should conduct their own research or consult with a financial advisor before making any investment decisions.