GMO Commerce, Inc.
| Code | Sector | Market |
|---|---|---|
| 410A | Service | Growth |
| Date of listing approval | 2025/08/21 |
|---|---|
| Expected Date | 2025/09/25 |
| Lead Underwriter | Daiwa Securities Co. Ltd |
| Description |
| Listed Shares(total) | 1,803,600 |
|---|---|
| Trading Unit | 100 |
| New Shares | 1,568,400 |
| Existing Shares | 235,200（only O.A.） |
| Shares Outstanding | PreIPO 3,596,400.00 |
| PostIPO 5,164,800.00 | |
| Paid Up Capital | PreIPO Y100,000,000 |
| PostIPO Y951,327,520 | |
| Expected Pricing Date | 2025/09/05 |
| Book Building Start | 2025/09/08 |
| Book Building End | 2025/09/12 |
| Fix Date | 2025/09/16 |
| Offering Starts | 2025/09/17 |
| Offering Ends | 2025/09/22 |
| Expect Pricing | Y1,140-Y1,180 |
| Notional PER (based on previous period) |
18.78-19.44 |
| Notional PER(based on results forecast) | 13.40-13.87 |
| Offering Price | Y1,180 |
| Offering Price PER (based on previous period) |
13.40-13.87 |
| Offering Price PBR (based on previous period) |
7.75 |
| Offering Price PER (based on results forecast) |
13.87 |
| Use of Funds Raised |
Financial Data
Units:Y1,000
| Fiscal Year End:2022/12 | ||
|---|---|---|
| Consolidated | Non-consolidated | |
| Revenue | - | 1,780,729 |
| Current Profit | - | 166,650 |
| Net Profit | - | 212,854 |
| Net Assets | - | 409,791 |
| Fiscal Year End:2023/12 | ||
|---|---|---|
| Consolidated | Non-consolidated | |
| Revenue | - | 1,766,393 |
| Current Profit | - | 220,292 |
| Net Profit | - | 143,321 |
| Net Assets | - | 401,988 |
| Fiscal Year End:2024/12 | ||
|---|---|---|
| Consolidated | Non-consolidated | |
| Revenue | - | 1,983,989 |
| Current Profit | - | 351,333 |
| Net Profit | - | 218,251 |
| Net Assets | - | 547,626 |
| Recent Quarter 2025/06 |
||
|---|---|---|
| Consolidated | Non-consolidated | |
| Revenue | - | 1,153,071 |
| Current Profit | - | 258,839 |
| Net Profit | - | 172,097 |
| Net Assets | - | 598,802 |
| Results Forecast 2025/12 |
||
|---|---|---|
| Consolidated | Non-consolidated | |
| Revenue | - | 2,422,000 |
| Current Profit | - | 507,000 |
| Net Profit | - | 342,000 |
| Net Assets | - | - |
Per Share Units:Y1
| Fiscal Year End:2022/12 | ||
|---|---|---|
| Consolidated | Non-consolidated | |
| Dividend | 42.02 | |
| Net Earning | - | - |
| Equity | 59.19 | 113.94 |
| Fiscal Year End:2023/12 | ||
|---|---|---|
| Consolidated | Non-consolidated | |
| Dividend | 20.19 | |
| Net Earning | - | - |
| Equity | 39.85 | 111.78 |
| Fiscal Year End:2024/12 | ||
|---|---|---|
| Consolidated | Non-consolidated | |
| Dividend | 33.62 | |
| Net Earning | - | - |
| Equity | 60.69 | 152.27 |
| Fiscal Year End:Interim Results 2025/06 |
||
|---|---|---|
| Consolidated | Non-consolidated | |
| Dividend | ||
| Net Earning | - | 47.85 |
| Equity | - | - |
| Fiscal Year End:Results Forecast 2025/12 |
||
|---|---|---|
| Consolidated | Non-consolidated | |
| Dividend | 43.05 | |
| Net Earning | - | 85.07 |
| Equity | - | - |
Comment
| ■Over allotment(235,200) |
Consolidated Subsidiaries
| Name | Address |
|---|
Underwriters
| Allocation | Underwriter | Tel |
|---|---|---|
| 0% | Nomura | 03-3211-1811 |
| 85% | Daiwa Securities Co. Ltd | 03-5555-2111 |
| 4% | SMBC Nikko Securities Inc. | 03-5644-3111 |
| 4% | Nomura Securities Co., Ltd | 03-3211-1811 |
| 4% | Mizuho Securities Co., Ltd | 03-5208-3210 |
| 3% | Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. | 03-6213-8500 |
Data
| Date of incorporation | 2012/11/22 |
|---|---|
| Company address | Tokyo 150-0043 |
| Telephone | 03-3770-7030 |
| President | |
| Homepage | https://www.gmo-c.jp/ |
| Auditor | Ernst & Young ShinNihon LLC |
| Major Shareholders | |
|---|---|
| Shareholder Name | Ratio |
| 86.62% | |
| 91.67% | |
| 4.07% | |
| 1.53% | |
| 0.34% | |
| 0.25% | |
| 0.25% | |
| 0.25% | |
| 0.20% | |
| 0.17% | |
| 0.14% | |
| Number of Employees | 104 as of 2025/07/31 |
|---|---|
| Birth Date of Representative | 1971/08/25 |