GMO Internet (9449) – Investors’ choice: Mixed maintained

14th January 2016

Stock Price: Y1,480
Market Cap: Y174.4bn

Summary:
We note that despite its consistent earnings expansion GMO Internet’s stock has traded in line with Topix since April 2013. Whilst we understand the strategy of multiple subsidiary listings to create management autonomy & more efficient decision making it raises the question of whether investors need to own the parent. (2,845 Words)

GMOインターネット株式会社

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SKU: 9449-03 Category: Tag: