Interim report
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―1― Note: This document has been translated from a part of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. November 13, 2025 Summary of Consolidated Financial Statements for Fiscal Year Ended September 2025 (FY2025, IFRS) Company name: GMO Payment Gateway, Inc. Listing: Tokyo Stock Exchange Securities code: 3769 URL: https://www.gmo-pg.com/en/ir/ Representative: Issei Ainoura President & Chief Executive Officer Inquiries: Ryu Muramatsu Director, Executive Vice President Telephone: +81-3-3464-0182 Scheduled date of annual general meeting of shareholders: December 14, 2025 Scheduled date to commence dividend payments: December 16, 2025 Scheduled date to file annual securities report: December 12, 2025 Preparation of supplementary material on financial results: Yes Holding of financial results briefing: Yes (for institutional investors and analysts) (Yen amounts are rounded down to millions, unless otherwise noted.) 1. Consolidated financial results for the fiscal year ended September 30, 2025 (from October 1, 2024 to September 30, 2025) (1) Consolidated operating results (Percentages indicate year-on-year changes.) Revenue Operating profit Profit before income taxes Profit Profit attributable to owners of parent Total comprehensive income Fiscal year ended Millions of yen % Millions of yen % Millions of yen % Millions of yen % Millions of yen % Millions of yen % September 30, 2025 82,499 11.8 31,340 24.4 31,911 16.0 22,538 17.2 21,829 16.7 20,450 14.3 September 30, 2024 73,785 16.9 25,187 24.0 27,504 33.3 19,235 39.2 18,705 38.8 17,898 1.3 Basic earnings per share Diluted earnings per share Return on equity using profit attributable to owners of parent Return on assets using profit before taxes Operating profit margin Fiscal year ended Yen Yen % % % September 30, 2025 287.79 284.43 20.2 8.5 38.0 September 30, 2024 246.62 243.85 19.2 8.6 34.1 Reference: Share of profit (loss) of investments accounted for using equity method Fiscal year ended September 30, 2025: ¥ 399 million Fiscal year ended September 30, 2024: ¥ 181 million (2) Consolidated financial position Total assets Total equity Total equity attributable to owners of parent Ratio of total equity attributable to owners of parent to total assets Total equity attributable to owners of parent per share As of Millions of yen Millions of yen Millions of yen % Yen September 30, 2025 406,800 116,177 113,013 27.8 1,489.88 September 30, 2024 344,702 105,819 102,895 29.9 1,356.60 (3) Consolidated cash flows Cash flows from operating activities Cash flows from investing activities Cash flows from financing activities Closing balance of cash and cash equivalents Fiscal year ended Millions of yen Millions of yen Millions of yen Millions of yen September 30, 2025 53,759 △7,328 △1,242 220,040 September 30, 2024 49,472 △5,231 △3,728 174,053
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―2― 2. Cash dividends Annual dividend Total Dividend Amount Dividend Payout ratio (consolidated) Ratio of dividends to equity (consolidated) End of Q1 End of Q2 End of Q3 Year-end Total Yen Yen Yen Yen Yen Millions of yen % % Fiscal year ended 0.00 0.00 0.00 124.00 124.00 9,492 50.3 9.6 September 30, 2024 Fiscal year ended 0.00 0.00 0.00 144.00 144.00 11,023 50.0 10.1 September 30, 2025 Fiscal year ending September 30, 2026 (Forecast) 0.00 0.00 0.00 170.00 170.00 55.1 Note: Breakdown of FY2024 year-end dividend : Ordinary dividend 116.00 yen Special dividend 8.00 yen 3. Consolidated financial result forecasts for the fiscal year ending September 30, 2026 (from October 1, 2025 to September 30, 2026) (Percentages indicate year-on-year changes.) Revenue Operating profit Profit before income tax Profit Profit attributable to owners of parent Basic earnings per share Millions of yen % Millions of yen % Millions of yen % Millions of yen % Millions of yen % Yen Six months ending March 31, 2026 44,131 8.3 18,070 18.0 17,348 10.1 11,302 10.1 10,890 10.6 143.57 Full year 93,235 13.0 37,639 20.1 36,119 13.2 24,284 7.7 23,406 7.2 308.58 * Notes (1) Significant changes in the scope of consolidation during the period: Yes Newly included: 1 companies ( enpay Inc. ) Excluded: - companies ( ) Note: The company has been renamed GMO Enpay, Inc. as of February 20, 2025. (2) Changes in accounting policies and changes in accounting estimates (i) Changes in accounting policies required by IFRS: None (ii) Changes in accounting policies due to other reasons: None (iii) Changes in accounting estimates: None (3) Number of issued shares (ordinary shares) (i) Total number of issued shares at the end of the period (including treasury shares) As of September 30, 2025 76,557,545 shares As of September 30, 2024 76,557,545 shares (ii) Number of treasury shares at the end of the period As of September 30, 2025 703,877 shares As of September 30, 2024 709,877 shares (iii) Average number of shares outstanding during the period Fiscal Year ended September 30, 2025 75,851,927 shares Fiscal Year ended September 30, 2024 75,846,071 shares Note: Number of treasury shares at the end of the term above include the shares attributed to the directors’ remuneration Board Incentive Plan (BIP) trust and J-ESOP (704,305 shares for FY2024; 698,305 shares for FY2025.)
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―3― [Reference] Overview of non-consolidated financial results 1. Non -consolidated financial results for the fiscal year ended September 30, 2025 (from October 1, 2024 to September 30, 2025) (1) Non-consolidated operating eesults (Percentages indicate year-on-year changes.) Revenue Operating profit Ordinary profit Net Profit Fiscal year ended Millions of yen % Millions of yen % Millions of yen % Millions of yen % September 30, 2025 44,566 18.7 21,817 23.5 29,405 47.8 22,117 57.3 September 30, 2024 37,558 17.1 17,660 16.1 19,892 9.0 14,063 70.0 Earnings per share Diluted earnings per share Fiscal year ended Yen Yen September 30, 2025 291.59 285.41 September 30, 2024 185.42 180.78 (2) Non -consolidated financial position Total assets Total net assets Equity ratio Net assets per share As of Millions of yen Millions of yen % Yen September 30, 2025 293,947 70,846 24.1 933.99 September 30, 2024 231,353 58,443 25.3 770.54 Reference: Equity As of September 30, 2025: ¥ 70,846 million As of September 30, 2024: ¥ 58,443 million Note: Non -consolidated financial results are based on J-GAAP standards. * Financial results reports are exempt from audit conducted by certified public accountants or an audit firm. * Proper use of earnings forecasts, and other special matters 1. The above forecasts are outlooks based on information currently available and include various uncertain factors. Actual performance may differ substantially from the forecasts due to changes in business conditions and other factors. For the assumption on which financial forecasts are based and matters to be considered in using financial forecasts, please refer to “(5) Earning forecast” under “1. Qualitative Information on Consolidated Financial Statements for the Fiscal Year” on page 10 of the attachment. 2. Results Presentation for Investors and Analysts to be held on November 13, 2025. Supporting materials and a video of the presentation will be made available promptly on the company's website after the event.
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―4― Table of contents of attachments 1. Qualitative Information on Consolidated Financial Statements for the Fiscal Year………………................... 5 (1)Consolidated operating results for the fiscal year…..…………………………...……………..……….………. 5 (2)Status of consolidated financial position for the fiscal year…………………………………………….…….… 9 (3)Status of cash flow position for the fiscal year.…………………………………………………...……………... 9 (4)Basic policy on profit distribution and dividends for current and next fiscal year……………………………. 10 (5)Earnings forecast………………………………………………………………………….…………….……...….. 10 2.Management Policy..……………………………..…………………………………………………………………..... 11 (1)Basic policy on corporate management……………...……………………………………..……………………. 11 (2)Management KPI targets………………………..……………………………………………………………….… 11 (3)Priority issues to be addressed……………………….………………………………………………………...… 12 3.Basic Stance on Accounting Standard Selection..………………………………………..………………………… 13 4.Consolidated Financial Statements and Major Notes..…………………………...………………………………... 14 (1)Consolidated balance sheet…………………………………………..………….………..………………...……. 14 (2)Consolidated statement of income and statement of comprehensive income………………….……………. 16 (3)Consolidated statement of changes in equity……………………………………………….………..…………. 18 (4)Consolidated statement of cash flows……………………………………………………………..….…..……… 19 (5)Notes regarding the going concern assumptions……………………………………………………….………. 21 (6)Notes regarding consolidated financial statement………………………………………….…...……………… 21 ➀ Reporting entity…………………………………..…….…………………………………………………….. 21 ➁ Basis of preparation …………………………...……………..………...……………..…..……………….. 21 ③ Significant accounting policies……………………………………………………………………..………. 21 ④ Trade and other receivables…………………………..………………………….…………..…………….. 22 ⑤ Gain on sales of investments accounted for using by equity method..….…..……………...…………. 22 ⑥ Segment information…………..……………….…………..…..……………………………………….…… 22 ⑦ Per share information……………………………………………….………..........….……………..……… 25 ⑧ Related party transactions…………..…………….……………………………......…………….………… 25 ⑨ Significant subsequent events….……….……………………………….……………….………………... 25
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―5― 1.Qualitative Information on Consolidated Financial Statements for the Fiscal Year (1)Consolidated operating results for the fiscal year Forward-looking statements in the document are based on the judgement of GMO Payment Gateway, Inc. (GMO - PG or the Company) and its consolidated subsidiaries at the end of the fiscal year under review. ① Consolidated operating results Earnings results for the consolidated fiscal year 2025 (October 1, 2024 to September 30, 2025) as follows. (Unit: Thousand Yen) FY2024 (From October 1, 2023 to September 30, 2024) FY2025 (From October 1, 2024 to September 30, 2025) Rate of change (%) Revenue 73,785,055 82,499,385 11.8 Operating profit 25,187,463 31,340,267 24.4 Profit before income taxes 27,504,689 31,911,317 16.0 Profit attributable to owners of parent 18,705,445 21,829,235 16.7 a.Revenue Revenue reached ¥82,499 mil, up 11.8% YoY . The transaction volume and value for the sum total of online billing, recurring billing, Card Present (CP) payment and GMO Payment After Delivery, increased by 17.4% YoY and by 16.5% YoY , respectively. As a result, the Payment Processing Business revenue reached ¥61,677 mil (up 10.3% YoY), Money Service Business (MSB) revenue was ¥19,188 mil (up 16.6% YoY) and Payment Enhancement Business revenue was ¥1,766 mil (up 17.0% YoY). For details, please refer to page 6 of “② Results by segment” found under “(1) Consolidated operating results for the fiscal year” of “1. Qualitative Information on Consolidated Financial Statements for the Fiscal Year”. The revenue breakdown by business model is as follows. Stock, fee and spread revenues trended favorably although initial revenue growth rate was impacted from the large -scale project in the CP domain in the previous fiscal year. (Unit: Thousand Yen) Business model FY2024 (From October 1, 2023 to September 30, 2024) FY2025 (From October 1, 2024 to September 30, 2025) Rate of change (%) Initial (Initial revenue) 12,398,190 9,497,740 △23.4 Stock (Fixed revenue) 11,505,453 13,796,280 19.9 Fee (Transaction processing revenue) 21,356,307 24,864,743 16.4 Spread (Merchant acquiring service revenue) 28,525,104 34,340,622 20.4 Total 73,785,055 82,499,385 11.8
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―6― b.Operating profit Operating profit reached ¥31,340 mil, up by 24.4% YoY , achieving the earnings forecast for the fiscal year under review. By segment, Payment Processing Business segment profit (operating profit) was ¥29,779 mil, up 18.1% YoY; Money Service Business segment profit (operating profit) stood at ¥5,407 mil, up 31.7% YoY; Payment Enhancement Business segment profit (operating profit) of ¥418 mil (up 11.9% YoY). c.Profit before income taxes Profit before income taxes reached ¥31,911 mil, up by 16.0% YoY . The reason for the pre-tax profit to increased by 16.0% YoY compared to the operating profit growth rate of 24.4% YoY is due to recording a gain on sale of investments accounted for using the equity method of ¥1,629 mil. For details, please refer to page 23 of “⑤ Gain on sales of investments accounted for using by equity method” found under “(6) Notes regarding consolidated financial statement” of “4.Consolidated Financial Statements and Major Notes.” ② Results by segment Performance by reportable segment is explained below. (Unit: Thousand Yen) Segment FY2024 (From October 1, 2023 to September 30, 2024) FY2025 (From October 1, 2024 to September 30, 2025) Rate of change (%) Payment Processing Business Revenue Segment profit (△=loss) 55,927,023 25,214,399 61,677,405 29,779,631 10.3 18.1 Money Service Business Revenue Segment profit (△=loss) 16,462,355 4,104,615 19,188,123 5,407,577 16.6 31.7 Payment Enhancement Business Revenue Segment profit (△=loss) 1,509,085 373,678 1,766,200 418,053 17.0 11.9 Adjustments Revenue Segment profit (△=loss) △113,409 △4,505,230 △132,344 △4,264,995 - - Total Revenue Segment profit (△=loss) 73,785,055 25,187,463 82,499,385 31,340,267 11.8 24.4
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―7― a.Payment Processing Business The Payment Processing Business focusses on expanding payment processing services for online billing, recurring billing and CP payments, as well as providing Banking as a Service (BaaS) support to financial institutions and business operators. In the online billing and recurring billing domain, we focused our efforts to acquire large and medium-to-small sized merchants across various industries as well as expand our services to a wide range of non- EC merchants, given the backdrop of the steadily expanding E-Commerce (EC) market. In the online billing and recurring billling domains during the f iscal year ending September 2025 (FY2025), revenues expanded from the increase in online payments for travel/tickets and food & beverage sectors, etc. driven by increased transactions from existing merchants and contribution from new merchants. In particular, online payment revenue at GMO Payment Gateway, Inc. grew favorably by 19.1% YoY . In the CP domain for the current fiscal year, initial revenues consisting primarily of payment terminal sales, declined from the high base effect of a large-scale project recorded in the previous fiscal year and due to strengthening the marketing of terminal-free payments targeting small -to-medium enterprises (SMEs). On the other hand, recurring - model revenues growth exceeded internal plans thanks to increased usage of cashless payments for daily purchases as merchants across various sectors/industries. Furthermore, revenues for processing platform service increased driven by expanding the footprint of the Banking as a Service (BaaS) support service, which captur es the expanding need for cashless payments and Digital Transformation (DX). As a result of the above, segment revenue reached ¥61,677 mil, up by 10.3% YoY . Segment profit (operating profit) was ¥29,779 mil, up by 1 8.1% YoY from the increased proportion of the high -gross margin services of online payment and recurring-model revenues in CP payments despite the occurrence of one-time expense. Note that enpay In c. (renamed GMO Enpay, Inc.) , a company that promotes cashless migration and DX in the childcare and education industries, has become a subsidiary as of January 8, 2025 by acquiring its shares. b.Money Service Business Money Service Business (MSB) consists of Early Payment service to help merchants improve their cash flow; Transaction Lending service, a loan service for merchants; Lending service to overseas FinTech operators; Remittance service; Instant Salary byGMO, a salary prepayment service ; Invoice Card Pay byGMO for invoice payment using credit cards in B2B transactions and other. In addition, t he consolidated subsidiary GMO Payment Service, Inc. provides a range of BNPL services such as GMO Payment After Delivery, the B2B deferred payment service called GMO B2B Pay On Credit and , the BNPL payment service which caters to installment and CP transactions called atokara, offered jointly with Sumitomo Mitsui Card Company, Ltd. In the current fiscal year , segment revenue increased for BNPL service and GMO B2B Pay On Credit service although the Payment After Delivery service s was impacted by the low growth of merchandise EC market. The lending service to overseas FinTech operators also contributed to segment revenue from loans to new borrowers primarily in North America and India as well as increasing loans to existing borrowers. Furthermore, remittance service revenue increased by 26.7% YoY from start of operations at several merchants. Instant Salary by GMO and Invoice Card Pay byGMO increased revenues from the steady increase in number of transactions. As a result, segment revenue reached ¥19,188 mil, up 16.6% YoY and segment profit (operating profit) was ¥5,407 mil, an increase of 31.7% YoY thanks to low default rates due to improved credit screening accuracy that helped to control credit related cost for Payment After Delivery service, as well as the growth in remittance service and lending service to overseas FinTech operators.
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―8― c.Payment Enhancement Business Payment Enhancement Business is comprised of online advertising service to support the revenue growth at merchants, security enhancement service and “Medical Kakumei byGMO,” the reservation management system exclusively for medical institutions to enable operational efficiency at medical reception counters, provided by the consolidated subsidiary GMO Reserve Plus Co.,Ltd. In the current fiscal year , demand increased for services offered by GMO Reserve Plus Co.,Ltd ., such as smartphone-based app to make reservations, filling out medical questionnaires, completing reception and payment as well as to consolidating multiple patient registration cards from medical institutions on the smartphone, resulting in a continuing favorable trend of revenue growth of 36.2% YoY . In addition, revenues from security enhancement service also increased. As a result of the above, segment revenue was ¥1,766 mil, up 17.0% YoY and segment profit (operating profit) was ¥418 mil, up 11.9% YoY . The table below shows the companies providing the various businesses/services by segment. Segment Major service Major companies of the service Payment Processing Business Payment processing service (online billing and recurring billing) GMO Payment Gateway, Inc. GMO Epsilon, Inc. (consolidated subsidiary) Payment processing service (CP) GMO Financial Gate, Inc. (consolidated subsidiary) Money Service Business GMO Payment After Delivery GMO Payment Service, Inc. (consolidated subsidiary) GMO B2B Pay on Credit GMO Payment Service, Inc. (consolidated subsidiary) Remittance service GMO Payment Gateway, Inc. GMO Epsilon, Inc. (consolidated subsidiary) Transaction Lending GMO Payment Gateway, Inc. GMO Epsilon, Inc. (consolidated subsidiary) Overseas Lending GMO Payment Gateway, Inc. GMO-Z.COM PAYMENT GATEWAY PTE. LTD. (consolidated subsidiary) GMO-Z.com PAYMENT GATEWAY USA, Inc. (consolidated subsidiary) GMO-Z.COM PAYMENT GATEWAY INDIA CREDIT FUND 1 (consolidated subsidiary) Early Payment service GMO Payment Gateway, Inc. GMO Epsilon, Inc. (consolidated subsidiary) Instant Salary byGMO GMO Payment Gateway, Inc. Invoice Card Pay byGMO GMO Payment Gateway, Inc. Payment Enhancement Business Online Advertising service GMO Payment Gateway, Inc. Medical Kakumei byGMO GMO Reserve Plus Co.,Ltd. (consolidated subsidiary), (Note) (Note) GMO Medical Reservations Technology Co., Ltd. was renamed GMO Reserve Plus Co., Ltd. as of February 14, 2025.
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―9― (2)Status of consolidated financial position for the fiscal year Overview of assets, liabilities and equity a.Assets Total assets at the end of the consolidated fiscal year increased by ¥62,097 mil from the end of the previous fiscal year to reach ¥406,800 mil. This is mainly due to the increase in cash and cash equivalents of ¥45,986 mil, trade and other receivables of ¥9,770 mil, advances paid ¥5,261 mil, other financial assets of ¥2,033 mil, and goodwill and intangible assets of ¥2,739 mil despite the decrease of investment securities accounting for using equity method of ¥4,270 mil. b.Liabilities Balance of liabilities at the end of the consolidated fiscal year increased by ¥51,739 mil from the end of the previous consolidated fiscal year to reach ¥290,622 mil. This is mainly due to the increase in trade payables of ¥1,004 mil, accrued expenses of ¥1,465 mil, deposits received of ¥34,763 mil, corporate bonds of ¥20,002 mil. income taxes paybles ¥ 3,180 mil and other liabilities of ¥1,439 mil, despite the decrease in borrowings of ¥9,942 mil and deferred tax liabilities of ¥1,392 mil. c.Equity Equity balance at the end of the consolidated fiscal year increased by ¥10,358 mil from the end of the previous consolidated fiscal year to reach ¥116,177 mil. This was mainly due to the increase in profit of ¥22,538 mil, despite the decrease in other comprehensive income of ¥2,088 mil and retained earnings for dividend payment of ¥9,403 mil. (3)Status of cash flow position for the fiscal year Overview of Consolidated cash flow Cash and cash equivalents (“funds”) at the end of the consolidated fiscal year increased by ¥45,986 mil compared to the balance at the start of the term, to reach ¥220,040 mil. The state of cash flows over the fiscal year is discussed below. a.Cash flow from operating activities Net funds provided by operating activities during the consolidated fiscal year amounted to ¥53,759 mil, which compares to ¥49,472 mil in net funds provided in the same period of the previous year. This resulted from cash outflows from (i) increase in trade and other receivables of ¥9,415 mil, (ii) an increase in advances paid of ¥5,261 mil, (iii) income tax payments of ¥6,865 mil, which was offset by cash inflows of (i) profit before income tax of ¥31,911 mil, (ii) depreciation and amortization expense of ¥3,920 mil and (iii) increase in deposits received of ¥34,753 mil. b.Cash flow from investing activities Net funds used by investing activities during the consolidated fiscal year totaled ¥7,328 mil, compared to the net funds used of ¥5,231 mil during the same period of the previous year. This resulted from cash outflows from (i) purchase of intangible assets of 3,368 mil, (ii) purchase of investment securities of ¥2,178 mil, (iii) purchase of shares in subsidiary resulting in change in scope of consolidation of ¥1,718 mil. c.Cash flow from financing activities Net funds used by financing activities over the consolidated fiscal year was ¥1,242 mil which compares to net funds used of ¥3,728 mil during the same period of the previous year. This is mainly due to cash inflows from increase in long term borrowings of ¥2,350 mil, (ii) proceeds from issuance of corporate bonds ¥19,911 mil, which was offset by cash outflows from (i) net decrease in short term borrowings of ¥11,400 mil and (ii) dividend payouts of ¥9,399 mil.
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―10― (4)Basic policy on profit distribution and dividends for current and next fiscal year GMO-PG and its consolidated subsidiaries places management priority on sustainably securing the necessary internal reserves for future business expansion and for strengthening the organization, as well as to sustain a stable level of shareholder returns. The year-end dividend for the fiscal year ending September 2025 (FY2025) was initially forecast at ¥124 per share, as disclosed in the “Summary of Consolidated Financial Statements for FY2024” released on November 12, 2024. Given that financial results for FY2025 are expected to exceed initial forecast and to return profits to shareholders, the year-end dividend is planned to be revised up by ¥20 per share to ¥144 per share. (See Note) The dividend for the fiscal year ending September 202 6 (FY2026) is planned to be ¥170 per share based on the favorable business conditions, and to further strengthen shareholder returns by continuing the trend of consecutively increasing the ordinary dividend since dividend payments commenced, as well as to achieve a medium-to-long term enhancement of corporate value. Internal reserves will continue to be effectively utilized to strengthen the organization and for aggressive business expansion. Details of the revision to dividends are as follows. Annual Dividend End of Q1 End of Q2 End of Q3 Year-end Total Previous forecast (announced on Nov. 12, 2024) Yen - Yen - Yen - Yen 124.00 Yen 124.00 Current forecast - - - 144.00 144.00 FY2025 0.00 0.00 0.00 FY2024 (FY ending Sept. 2024) 0.00 0.00 0.00 124.00 (Ordinary dividend 116.00) (Special dividend 8.00) 124.00 (Ordinary dividend 116.00) (Special dividend 8.00) Note: The above will be deliberated at the Board of Directors meeting scheduled for November 17, 2025. (5)Earnings forecast GMO-PG and its consolidated subsidiaries are positioned primarily within the B2C E-Commerce (EC) market, where there is a large potential for expansion given the low EC penetration rate compared to European/US countries. The merchandise domain is expected to continue to expand on the back of large business operators expanding their sales channel and the changes in consumption behavior, despite the low growth persisting in the small-scale EC operator segment. The non-merchandise domain, such as services and sectors closely related to daily life such as public utilities, taxes/public dues and medical expenses, is expected continue to grow steadily from the solid progress in the migration to online payments. In addition, the scope of the EC market itself is expanding, driven by the online migration of inter-company transactions (BtoB) and inter-consumer transactions (CtoC). The CP domain where the consolidated subsidiary GMO Financial Gate, Inc. is positioned, is seeing new business opportunities emerge from the acceleration in cashless adoption of various payment methods including credit cards and the structural changes in society due to the decline in working population. As a result, this is expected to further expand the scope of businesses for GMO-PG and its consolidated subsidiaries. The business environment for the fiscal year ending September 2026 (FY2026) is forecast to see firm trends in overall private sector consumption from the increase in inboud tourist consumption and moves by corporates to raise wages as well as the wealth effect from rising equity market despite stagnant real wages due to rising prices. Given this business environment, we will pursue the priority initiatives such as acquiring large-scale, growth- oriented merchants and large-scale projects, industry-specific platforms that provide “payment+α” solutions, BaaS support services to financial institutions and business operators and the next generation payment platform of ‘stera’. The consolidated earnings forecast for FY2026 is revenue ¥93,235 mil (up 13.0% YoY), operating profit of ¥37,639 mil (up 20.1% YoY), profit before income taxes of ¥36,119 mil (up 13.2% YoY) and profit of ¥24,284 mil (up 7.7% YoY) and profit attributable to owners of parent of ¥23,406 mil (up 7.2% YoY).
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―11― 2.Management Policy (1)Basic policy on corporate management The management principle of GMO-PG and its consolidated subsidiaries is to “We Pursue Both Spiritual and Material Prosperity by Contributing to the Advancement and Progress of Society.” ■ We contribute to the progress of society with a strong intention to create and develop markets and transparency in expanding businesses. ■ We define our partners as a group of people whom we can trust. This group includes our employees, clients and business partners. ■ Our employees possess richness of spirit, advanced problem -solving skills and a high level of professionalism. They pursue richness of spirit through the exchange of values with our clients. Based on this management principle, GMO-PG and its consolidated subsidiaries’ mission is to become the payment process infrastructure of Japan and to contribute to building a safe and convenient payment for merchants and consumers. We will promote our business according to the following basic policies: ・Adapt to the changing times Progressiveness: Strive to secure the technical superiority of our products. Flexibility: Make optimal project proposals that live up to a fast-changing market. ・Establish our raison d’etre Uniqueness: Strive to maintain the value of our existence through customer-oriented services. Profitability: Surpass competitors by pursuing revenue growth and establishing an unwavering position in the industry. Autonomy and Education: Strive for perfection as a businessperson and be a role model in all aspects of performance, attitude and mindset. ・Pursue the right conditions for profit Sociability: Maintain a sound business and aggressively and continually enter new markets to expand the choice of payment methods. Rationality: Make quick and impartial business judgements giving foremost consideration to economic rationality. ・Responsibility towards shareholders Strive to maximize shareholder value through capital efficiency. Actively conduct IR activities and provide timely and appropriate information to shareholders. (2)Management KPI targets GMO-PG and its consolidated subsidiaries will carry out management to achieve the operating profit target of ¥100.0bn by FY2030 or FY2031 and to strive for medium-to-long term sustainable growth and enhanced corporate value upon reaching this target milestone. As a company vested to build the payment infrastructure for the online (mainly e-commerce market) and CP markets, we will contribute to raise cashless penetration in Japan by providing a safe and convenient e-commerce and cashless environment to raise EC penetration and promote Digital Transformation (DX). In addition, GMO-PG and its consolidated subsidiaries will continually strive to scale up by launching new businesses, forging business and capital alliances with other business partners, establish subsidiaries and pursue overseas expansion.
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―12― (3)Priority issues to be addressed ① Strengthening information security GMO-PG and its consolidated subsidiaries mainly provide payment processing services for credit cards and other forms of payments, and thus manage and handle important credit card information etc. As part of the process to strengthen risk management system and for the prevention of information leaks, the Company obtained certification for ISO/IEC 27001:2013 (Japanese Standards, JIS Q27001: 2014), the global standard for information security management for all business offices of GMO-PG and its consolidated subsidiaries, as the first ever listed payment processing company. Consequently, the information security management system has been objectively assessed and determined to be compliant and secure i n accordance with strict international standards. With regards to PCI DSS, the global standard for security jointly compiled by five international credit card companies of JCB; American Express; Discover; MasterCard; and VISA, the Company has been undergoing annual recertification review s and ha s obtained the latest certification in December 202 4 since the first certification in December 2008. With respect to the handling of personal information, the privacy mark has been obtained that certifies companies with systems for taking appropriate protection measures for personal information in compliance with the Japanese Industrial Standards “JIS Q 15001:2017 Personal Information Protection Management System – Requirements.” In addition to regulatory compliance, the Company has established and operates its own advanced level of personal information protection management system. ② Strengthening system development capabilities Given that the businesses of GMO -PG and its consolidated subsidiaries are deeply related to the Internet, it is important to adopt technologies and services in a timely manner in order to provide customers with competitive products. Currently, system designing is carried out by employees to incorporate changes in the system environment and/or customer requests, while outsourcing programming work to external entities to achieve efficiency and a high-quality of services. GMO -PG and its consolidated subsidiaries will continue its efforts to secure highly skilled system development personnel and further strengthen system development capabilities and services. ③ Strengthen alliance-type business collaborations In order ensure stable growth, it is essential to establish business alliances that secure mutually profitable collaborations with corporations covering many merchants/shops, payment companies and/or EC website builders to e fficiently acquire new merchants. GMO -PG and its consolidated subsidiaries will continue to seek further alliance-type business collaborations, the hallmark of our sales activities, and management will be responsible for tracking the progress of such activities. ④ Expansion of business portfolio As part of the its management strategy, GMO-PG and its consolidated subsidiaries have constantly sought to expand the scope of business with the BtoC E-Commerce (EC) domain at its core, providing online payment for taxes/public dues and utility charges, service commerce in the BtoB and C toC EC domains, providing Banking as a Service (BaaS) support to financial institutions and business operators, as well as launching a payment method service through the establishment of GMO Payment Service Inc among others . This management strategy was further deployed to expand overseas through the establishment of overseas consolidated subsidiaries and by expanding into the CP market business through the consolidated subsidiary GMO Financial Gate Inc. We will continue to pursue a diverse business portfolio centered around payment processing service and strive to sustainably expand revenues.
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―13― ⑤ Promotion of sustainability management Under the “GMO-ism” shared throughout the GMO Internet Group, GMO-PG and its consolidated subsidiaries upholds the management philosophy to “Pursue Both Spiritual and Material Prosperity by Contributing to the Advancement and Progress of Society .” As the leading company in the payment industry, we pursue business activities to provide payment and financial solutions /platforms and building a payment infrastructure to support the migration towards online, cashless, paperless, digital transformation (DX) as well as financial inclusiveness. Major initiatives include achieving carbon neutrality by reaching effectively zero emissions of Scope 1 and 2 greenhouse gas emissions from our own operations from fiscal year ending September 2023 through the implementation of de facto renewable energy, which has been certified by third -party verification organization to ensure credibility. In August 2025, the Company received the net zero certification from SBTi, an international organization to promote science-based targets to tackle climate change, for its long -term targets to reduce greenhouse gas emissions by 2050. The Company will further advance its sustainability management going forward. 3.Basic Stance on Accounting Standard Selection GMO-PG and i ts consolidated subsidiaries are focused on offering comprehensive payment-related services on a global basis. To this end, GMO-PG has voluntarily adopted IFRS applicable from the first quarter of FY2018 (FY ending September 2018) with the aim to improve compar ability and disclosure standards of financial information with international peers thereby improving the usability of information for shareholders and investors in Japan and overseas.
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―14― 4.Consolidated Financial Statements and Major Notes (1)Consolidated balance sheet (Unit: Thousand Yen) Notes FY2024 (September 30, 2024) FY2025 (September 30, 2025) Assets Current assets Cash and cash equivalents 174,053,848 220,040,128 Trade and other receivables ④ 21,110,274 24,137,443 Advances paid 60,523,484 65,785,101 Accrued revenue 37,488,280 37,659,256 Inventories 3,182,038 3,210,067 Other financial assets 708,112 786,873 Other current assets 1,030,421 1,317,121 Total current assets 298,096,460 352,935,992 Non-current assets Property, plant and equipment 3,920,818 3,348,516 Goodwill and other intangible assets 11,032,742 13,772,144 Investments accounted for using equity method 9,537,065 5,266,600 Trade and other receivables ④ 6,293,478 13,037,088 Other financial assets 13,114,736 15,069,607 Deferred Tax Assets 2,380,296 3,092,633 Other non-current assets 326,858 277,510 Total non-current assets 46,605,995 53,864,100 Total assets 344,702,455 406,800,093
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―15― (Unit: Thousand Yen) Notes FY2024 (September 30, 2024) FY2025 (September 30, 2025) Liabilities and equity Liabilities Current liabilities Trade and other payables 8,019,007 9,023,370 Accrued expenses 27,466,484 28,931,570 Deposits received 132,694,947 167,458,613 Corporate bonds - 19,935,309 Borrowings 24,340,000 13,410,000 Other financial liabilities 715,668 752,697 Income taxes payable, etc. 2,570,034 5,750,367 Provisions 559,027 888,350 Other current liabilities 7,996,200 9,428,539 Total current liabilities 204,361,371 255,578,819 Non-current liabilities Corporate bonds 19,849,334 19,916,363 Borrowings 8,915,000 9,902,500 Other financial liabilities 2,138,698 2,990,934 Provisions 131,194 131,534 Deferred tax liabilities 1,423,624 31,266 Other non-current liabilities 2,063,948 2,071,334 Total non-current liabilities 34,521,800 35,043,933 Total liabilities 238,883,171 290,622,753 Equity Capital stock 13,323,135 13,323,135 Capital surplus 15,202,066 14,939,751 Retained earnings 62,712,063 75,385,641 Treasury stock △1,116,710 △1,074,441 Other items of equity 12,774,515 10,439,028 Total equity attributable to owners of parent 102,895,070 113,013,115 Non-controlling interests 2,924,213 3,164,224 Total equity 105,819,284 116,177,340 Total liabilities and equity 344,702,455 406,800,093
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―16― (2)Consolidated statement of income and statement of comprehensive income Consolidated statement of income (Unit: Thousand Yen) Notes FY2024 (October 1, 2023 to September 30, 2024) FY2025 (October 1, 2024 to September 30, 2025) Revenue 73,785,055 82,499,385 (of which, interest income ※) 12,665,087 13,857,207 Cost of revenue △25,681,893 △27,004,383 Gross profit 48,103,161 55,495,002 Other income 361,942 336,891 Selling, general and administrative expenses △23,231,567 △24,422,710 Other expense △46,073 △68,915 Operating profit 25,187,463 31,340,267 Financial income 1,125,938 827,970 Financial expense △620,226 △656,766 Equity method investment gains or loss 181,849 399,846 Gain on sale of equity method affiliate ⑤ 1,629,664 - Profit before income taxes 27,504,689 31,911,317 Income tax expenses △8,269,616 △9,372,624 Profit 19,235,072 22,538,693 Profit attributable to: Owners of parent 18,705,445 21,829,235 Non-controlling interests 529,627 709,458 Profit 19,235,072 22,538,693 Earnings per share (Yen/share) Basic earnings per share ⑦ 246.62 287.79 Diluted earnings per share ⑦ 243.85 284.46 (※)The figure presents the interest income calculated using the effective interest method as per IFRS 9 Financial Instruments.
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―17― Consolidated statement of comprehensive income (Unit: Thousand Yen) Notes FY2024 (October 1, 2023 to September 30, 2024) FY2025 (October 1, 2024 to September 30, 2025) Profit 19,235,072 22,538,693 Other comprehensive income Items that will not be reclassified to profit or loss Fair value of financial assets measured through other comprehensive income △204,473 54,264 Shares of other comprehensive income of equity method affiliates △234,736 △3,355,107 Total of Items that will not be reclassified to profit or loss △439,209 △3,300,843 Items that will be reclassified to profit or loss Exchange differences on translation of foreign operations △896,905 1,212,241 Total of items that will be reclassified to profit or loss △896,905 1,212,241 Other comprehensive income after income taxes △1,336,115 △2,088,601 Comprehensive income 17,898,957 20,450,091 Comprehensive income attributable to Owners of parent 17,378,698 19,742,036 Non-controlling interests 520,258 708,055 Total 17,898,957 20,450,091
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―18― (3)Consolidated statement of changes in equity Previous consolidated fiscal year (From October 1, 2023 to September 30, 2024) (Unit: Thousand Yen) Notes Capital stock Capital surplus Retained earnings Treasury stock Other items of equity Total equity attributable to owners of parent Non- controlling interests Total Equity Balance as of October 1, 2023 13,323,135 15,247,534 50,768,961 △1,153,329 14,088,034 92,274,336 2,530,506 94,804,843 Profit - - 18,705,445 - - 18,705,445 529,627 19,235,072 Other comprehensive income - - - - △1,326,746 △1,326,746 △9,368 △1,336,115 Comprehensive income - - 18,705,445 - △1,326,746 17,378,698 520,258 17,898,957 Purchase of treasury shares - - - △1,818 - △1,818 - △1,818 Dividends - - △6,749,115 - - △6,749,115 - △6,749,115 Dividends paid to non- controlling interests - - - - - - △165,221 △165,221 Transfer from other items of equity to retained earnings - - △16,106 - 16,106 - - - Share-based payment transaction - △62,620 - 38,437 - △24,183 - △24,183 Changes in the interest in controlled subsidiary - 17,152 - - - 17,152 38,670 55,822 Other Increase or Decrease - - 2,878 - △2,878 - - - Total transactions with owners - △45,467 △6,762,342 36,618 13,227 △6,757,964 △126,551 △6,884,515 Balance as of September 30, 2024 13,323,135 15,202,066 62,712,063 △1,116,710 12,774,515 102,895,070 2,924,213 105,819,284 Current consolidated fiscal year (From October 1, 2024 to September 30, 2025) (Unit: Thousand Yen) Notes Capital stock Capital surplus Retained earnings Treasury stock Other items of equity Total equity attributable to owners of parent Non- controlling interests Total Equity Balance as of October 1, 2024 13,323,135 15,202,066 62,712,063 △1,116,710 12,774,515 102,895,070 2,924,213 105,819,284 Profit - - 21,829,235 - - 21,829,235 709,458 22,538,693 Other comprehensive income - - - - △2,087,198 △2,087,198 △1,402 △2,088,601 Comprehensive income - - 21,829,235 - △2,087,198 19,742,036 708,055 20,450,091 Dividends - - △9,403,945 - - △9,403,945 - △9,403,945 Dividends paid to non- controlling interests - - - - - - △224,805 △224,805 Transfer from other items of equity to retained earnings - - 248,288 - △248,288 - - - Share-based payment transaction - △17,711 - 42,268 - 24,557 - 24,557 Changes in the interest in controlled subsidiary - △244,603 - - - △244,603 △243,239 △487,843 Total transactions with owners - △262,315 △9,155,657 42,268 △248,288 △9,623,991 △468,044 △10,092,036 Balance as of September 30, 2025 13,323,135 14,939,751 75,385,641 △1,074,441 10,439,028 113,013,115 3,164,224 116,177,340
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―19― (4)Consolidated statement of cash flows (Unit: Thousand Yen) Notes FY2024 (October 1, 2023 to September 30, 2024) FY2025 (October 1, 2024 to September 30, 2025) Net cash provided by (used in) operating activities Profit before income taxes 27,504,689 31,911,317 Depreciation & amortization 3,347,330 3,920,761 Financial income and expense (△=gain) △505,711 △171,203 Equity method investment gain/loss (△=increase) △181,849 △399,846 Gain on sale of equity method affiliate ⑤ △1,629,664 - Increase/decrease in inventories (△=increase) △776,998 △28,029 In/Decrease in trade and other receivables (△=increase) △5,808,873 △9,415,113 In/Decrease in advances paid (△=increase) 2,863,713 △5,261,617 In/Decrease in accrued revenues (△=increase) △4,093,653 △171,206 In/Decrease in trade payables (△=decrease) 1,464,406 1,002,772 In/Decrease in accrued expenses (△=decrease) 1,943,469 1,337,593 In/Decrease in deposits received (△=decrease) 35,463,265 34,753,489 In/Decrease in other financial liabilities (△=decrease) 17,673 1,314,807 In/Decrease in other current liabilities (△=decrease) 2,856,925 1,385,815 Other △93,439 △172,832 Subtotal 62,371,280 60,006,709 Interest and dividends received 1,180,012 957,773 Interest paid △207,879 △339,702 Income taxes paid △13,870,988 △6,865,224 Net cash provided by (used in) operating activities 49,472,425 53,759,555 Net cash provided by (used in) investing activities Purchase of property, plant and equipment △495,156 △278,601 Purchase of intangible assets △3,951,825 △3,368,842 Purchase of investment securities △7,726,096 △2,178,689 Proceeds from sale of investment securities ⑤ 1,934,307 120,000 Purchase of investments accounted for using equity method △400,000 △500,000 Proceeds from distributions of investments partnerships 603,356 738,446 Proceeds from withdrawal of deposits to subsidiaries and affiliates 5,300,000 - Purchase of shares of subsidiaries resulting in change in scope of consolidation - △1,718,364 Other △496,035 △142,833 Net cash provided by (used in) investing activities △5,231,449 △7,328,884
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―20― (Unit: Thousand Yen) Notes FY2024 (October 1, 2023 to September 30, 2024) FY2025 (October 1, 2024 to September 30, 2025) Net cash provided by (used in) financing activities Net in/decrease in short-term borrowings (△=decrease) 3,900,000 △11,400,000 Increase in long-term borrowings 500,000 2,350,000 Repayment of long-term borrowings △495,000 △998,440 Proceeds from issuance of bonds - 19,911,745 Redemption of bonds - △200,000 Purchase of treasury shares of subsidiary - △499,665 Dividends paid △6,745,849 △9,399,746 Dividends paid to non-controlling Interests △165,221 △224,805 Other △722,513 △781,926 Net cash provided by (used in) financing activities △3,728,583 △1,242,838 Effect of exchange rate changes on cash and cash equivalents △116,696 798,447 Increase or decrease in cash and cash equivalents (△=decrease) 40,395,695 45,986,279 Balance of cash and cash equivalents at the beginning of the period 133,658,153 174,053,848 Balance of cash and cash equivalents at the end of period 174,053,848 220,040,128
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―21― (5)Notes regarding the going concern assumptions Not applicable. (6)Notes regarding consolidated financial statements ① Reporting entity GMO Payment Gateway, Inc. is a corporation (GMO-PG) domiciled in Japan and listed on the Tokyo Stock Exchange. The registered address of its head office is 2 -3 Dogenzaka 1-chome, Shibuya-ku, Tokyo, Japan. The consolidated financial statements for the fiscal year ending September 30, 2025, are comprised of GMO-PG and its consolidated subsidiaries (the Company) and equity interest in affiliates. The ultimate parent of the Group is GMO Internet Group, Inc. The Company is engaged in the business of Payment Proc essing Business for payments methods such as credit cards, etc., Money Service Business and Payment Enhancement Business. (see ⑥ Segment Information). ② Basis of preparation a.Compliance of consolidated financial statements to IFRS The consolidated financial statements of GMO -PG and its consolidated subsidiaries satisfy the criteria of a “Designated International Accounting Standards Specified Company” under Article 1 -2 of the Regulation On Terminology, Forms, and Preparation Methods of Consolidated Financial Statements and is therefore in accordance with International Financial Reporting Standards (IFRS) pursuant to the provision of Article 3 12 of the Regulation for Consolidated Financial Statements. b.Basis of measurement The consolidated financial statements of GMO -PG and its consolidated subsidiaries is presented based on the accounting principles stated under “ ③ Significant accounting principles”. The balance of assets and liabilities, unless otherwise stated, have been prepared on a historical cost basis. c.Functional and presentation currency The consolidated financial statements of GMO-PG and its consolidated subsidiaries are presented in Japanese Yen (“JPY”; all figures are rounded down to the nearest thousand), which is the functional currency. ③ Significant accounting policies Significant accounting policies adopted for the consolidated financial statements for the fiscal year ended September 2025 for GMO -PG and i ts consolidated subsidiaries are the same as those adopted for the previous year’s consolidated financial statements.
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―22― ④ Trade and other receivables Breakdown of trade and other receivables are as follows. (Unit: Thousand Yen) FY2024 (September 30, 2024) FY2025 (September 30, 2025) Trade and other receivables 11,065,079 11,860,989 Operating loans 15,945,271 25,066,998 Other 732,188 603,968 Allowance for doubtful accounts △338,786 △357,424 Total 27,403,752 37,174,531 Current assets 21,110,274 24,137,443 Non-current assets 6,293,478 13,037,088 Total 27,403,752 37,174,531 ⑤ Gain on sale of investments accounted for using by equity method Previous consolidated fiscal year (From October 1, 2023 to September 30, 2024) GMO-PG transferred all the shares of 2C2P Pte. Ltd. held by the consolidated subsidiary GMO-Z.COM PAYMENT GATEWAY PTE. LTD in the fiscal year ending September 2022. Part of the transfer value had been held in an escrow account as set forth in the share transfer agreement. A gain on sales of investments accounted for using equity method of ¥1,629 mil is recorded in the consolidated statement of income during the fiscal year ending September 2024, as certain conditions have been fulfilled that resulted in an income from the escrow account mentioned above. Additionally, this income is included in the consolidated statement of cash flow as proceeds from the sales of investment securities. Current consolidated fiscal year (From October 1, 2024 to September 30, 2025) Not applicable. ⑥ Segment information a.Overview of reportable segments The reportable segments of GMO-PG and its consolidated subsidiaries are based on operational segments for which separate financial information is available and which the Board of Directors regularly reviews to determine the allocation of management resources and evaluate its business performance. GMO-PG and its consolidated subsidiaries have established businesses and subsidiaries according to the products and/or service s, and each business/subsidiary is responsible for the business activities and formulat ing comprehensive strategies covering Japan and overseas of the respective services/products it covers. Therefore, GMO -PG and its consolidated subsidiaries are comprised of various products and services that are grouped based on the explanation above and these multiple businesses are then grouped and classified under the three reportable segments of Payment Processing Business, Money Service Business and Payment Enhancement Business, based on the product/services’ characteristics and markets.
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―23― The main products and services included in the reportable segments are as shown below: Reportable Segment Main products and services Payment Processing Business Mainly payment processing for online billing, recurring billing as well as payment processing service for CP payments. Money Service Business Mainly consists of GMO Payment After Delivery, GMO B2B Pay On Credit, money services such as Remittance, Transaction Lending to provide loans for growth, overseas lending, Early Payment service to improve merchant’s cash cycle , the salary prepayment service of Instant Salary byGMO and Invoice Card Pay byGMO to enable credit card payments for invoices in BtoB transactions. Payment Enhancement Business Mainly consists of online advertising service aimed at increasing revenues at merchants, and Medical Kakumei byGMO, a reservation management system exclusively for medical institutions.
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―24― b.Information on Reportable Segments Accounting principles applied to the reportable segments are the same as those of consolidated financial statements. Performance of segments is as shown below . Note that income or loss for the reportable segments is reconciled as operating profit or loss. Intersegment transactions are based on equivalent prices of arm’s length transactions. Previous consolidated fiscal year (From October 1, 2023 to September 30, 2024) (Unit: Thousand yen) Payment Processing Business Money Service Business Payment Enhancement Business Total Adjustments (Note) Consolidated Revenues Sales to external customers 55,817,514 16,461,934 1,505,605 73,785,055 - 73,785,055 Intersegment revenue 109,508 421 3,479 113,409 △113,409 - Total 55,927,023 16,462,355 1,509,085 73,898,464 △113,409 73,785,055 Segment profit (△=loss) 25,214,399 4,104,615 373,678 29,692,693 △4,505,230 25,187,463 Financial income - - - - - 1,125,938 Financial expense - - - - - △620,226 Equity method investment gains (△=loss) - - - - - 181,849 Gain on sale of investment securities accounting for using equity method - - - - - 1,629,664 Profit before income taxes - - - - - 27,504,689 Other items Depreciation & amortization 2,631,481 398,781 67,855 3,098,119 249,210 3,347,330 Impairment Loss - - - - - - (Note) Adjustment of segment profit of △¥4,505 mil consist of general corporate expenses not allocated to any reportable segment of △¥4,673 mil and elimination of intersegment transactions of ¥168 mil. General corporate expenses mainly consist of selling, general and administrative expenses not allocated to any reportable segment. Current consolidated fiscal year (From October 1, 2024 to September 30, 2025) (Unit: Thousand yen) Payment Processing Business Money Service Business Payment Enhancement Business Total Adjustments (Note) Consolidated Revenues Sales to external customers 61,549,788 19,187,216 1,762,380 82,499,385 - 82,499,385 Intersegment revenue 127,616 907 3,819 132,344 △132,344 - Total 61,677,405 19,188,123 1,766,200 82,631,729 △132,344 82,499,385 Segment profit (△=loss) 29,779,631 5,407,577 418,053 35,605,262 △4,264,995 31,340,267 Financial income - - - - - 827,970 Financial expense - - - - - △656,766 Equity method investment gains (△=loss) - - - - - 399,846 Gain on sale of investment securities accounting for using equity method - - - - - - Profit before income taxes - - - - - 31,911,317 Other items Depreciation & amortization 3,104,860 500,744 73,866 3,679,471 241,289 3,920,761 Impairment Loss 19,361 - - 19,361 - 19,361 (Note) Adjustment of segment profit of △¥4,264 mil consist of general corporate expenses not allocated to any reportable segment of △¥4,521 mil and elimination of intersegment transactions of ¥256 mil. General corporate expenses mainly consist of selling, general and administrative expenses not allocated to any reportable segment.
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―25― ⑦ Per share information a.Basic earnings per share and the basis for calculation Basic earnings per share and the basis for calculating basic earnings per shares is as follows. (Unit: Thousand Yen) FY2024 (October 1, 2023 to September 30, 2024) FY2025 (October 1, 2024 to September 30, 2025) Profit attributable to ordinary shareholders of parent Profit attributable to owners of parent 18,705,445 21,829,235 Profit not attributable to ordinary shareholders of parent - - Profit used to calculate basic earnings per share 18,705,445 21,829,235 Average number of shares 75,846,071 shares 75,851,927 shares Basic earnings per share ¥246.62 ¥287.79 b.Diluted earnings per share and the basis for calculation Diluted earnings per share and the basis for calculating diluted earnings per share is as follows. (Unit: Thousand Yen) FY2024 (October 1, 2023 to September 30, 2024) FY2025 (October 1, 2024 to September 30, 2025) Profit attributable to ordinary shareholders after dilution Profit used to calculate basic earnings per share 18,705,445 21,829,235 Adjustment to profit 58,650 59,649 Profit used to calculate diluted earnings per share 18,764,095 21,888,884 Average number of ordinary shares 75,846,071 shares 75,851,927 shares Effect of dilutive securities Convertible bond-type bonds with subscription rights 1,103,168 shares 1,105,564 shares Number of shares after the effect of dilutive shares 76,949,239 shares 76,957,491 shares Diluted earnings per share ¥243.85 ¥284.43 ⑧ Related party transactions Previous consolidated fiscal year (From October 1, 2023 to September 30, 2024) No important related party transactions. Current consolidated fiscal year (From October 1, 2024 to September 30, 2025) No important related party transactions. ⑨ Significant subsequent events Not applicable.