GMO Commerce (410A) raised its consolidated net sales forecast for the year ending December 2026 by 68.5% to ¥5,656 million after its board approved acquiring GMO NIKKO and GMO Insight, and lifted its year-end dividend forecast to ¥52.12 per share from ¥50.56.
The board approved on Sept. 24, 2026 the purchase of shares in GMO NIKKO and GMO Insight to make them subsidiaries. The revised forecast for the year from Jan. 1 to Dec. 31, 2026 assumes the two companies' fourth-quarter (October-December) results are included in consolidation.
| Item | Revised | Previous | Change |
|---|---|---|---|
| Net sales | ¥5,656 million | ¥3,356 million | +68.5% |
| Operating profit | ¥740 million | ¥660 million | +12.1% |
| Ordinary profit | ¥730 million | ¥651 million | +12.1% |
| Net profit attributable to owners of parent | ¥440 million | ¥428 million | +2.8% |
| EPS | ¥80.18 | ¥77.78 | — |
Sales are expected to rise ¥2,300 million from the previous forecast on the inclusion of the two companies' fourth-quarter results. Operating profit is projected ¥80 million higher after reflecting goodwill amortization, while ordinary profit is seen ¥79 million higher after interest and other non-operating expenses tied to borrowing to fund the share acquisition. Net profit is projected ¥12 million higher. The previous forecast was announced on June 15, 2026, when the company moved to consolidated reporting. The company said the forecast may change depending on completion of the share transfers and the two companies' performance.
Under its policy of basing dividends on the higher of a 65% consolidated payout ratio or a consolidated dividend-on-equity (DOE) ratio of 8% or more, the company raised its year-end dividend forecast by ¥1.56 to ¥52.12 per share. The dividend for the year ended December 2025 was ¥40.30. The company said the shareholder return levels themselves are unchanged.
Next steps: GMO NIKKO and GMO Insight are set to become consolidated subsidiaries on Oct. 1, 2026, with their fourth-quarter results included in the fiscal 2026 consolidated accounts.
| Hikari Tsushin, Inc. | |
| Offer price | ¥1,000 per common share |
| M&A / TOB | 1 |
| Guidance | 0 |
| Buybacks | 0 |
| Dividends | 0 |
| Capital | 0 |
| Earnings | 0 |
| People | 0 |
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