Candidates / 410A

GMO Commerce, Inc.410A・IT & telecoms

GMO internet group, Inc. owns 65% (controlling). Of the listed companies with this trait in 2021–22, 1 in 4 was bought in the following four years or so — against 1 in 11 for all listed companies.

Taking every trait together, its score is 3.9x the average — #29 of 3,751. The closest type of deal is buyout by the parent.

Score3.9xvs average; #29 of 3,751
Past, similar score1 in 4were bought (24%)
Closest typeParent
Price-to-book2.58xmarket value ¥7.1bn

Why it looks like past targets

Score by type of buyer

Typevs average for the type
Buyout by the parent7.8x
Management buyout0.8x
Private equity2.7x
Strategic buyer4.4x

Ownership

Top 10 shareholders

HolderTypeStake
GMOインターネットグループ株式会社Company65.0%
株式会社SBI証券Company4.2%
江川 巌Individual2.3%
山名 正人Individual1.7%
MSIP CLIENT SECURITIESCustodian/nominee1.1%
BNY GCM CLIENT ACCOUNT JPRD AC ISG(FE-AC)Custodian/nominee1.1%
野村證券株式会社Custodian/nominee1.1%
GOLDMAN SACHS INTERNATIONALCustodian/nominee1.0%
石川 幸司Individual0.7%
土井 将司Individual0.5%

From the annual report for the year to 2025-12-31. Holder types are assigned by name and can be wrong (for example, a founder’s company can look like an operating company). Annual report (PDF, EDINET)

Key figures

Controlling shareholder (over 50%)
Yes
Largest corporate holder
65.0%
Founder family (individuals and their companies)
5.2%
Officers
2.0%
Net cash ÷ market value
41%
ROE
20.6%
Equity ratio
69%

This site ranks listed companies by how closely their public filings (annual reports and large-shareholding reports) resemble past tender-offer and MBO targets. It is not a prediction that any company will be bought, is not based on any non-public information, and is not a recommendation to buy or sell. Not investment advice.

Updated 29 Sep 2026 00:48 JST