May 12, 2022 / 07:00AM GMT
Presentation
May 12, 2022 / 07:00AM GMT
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Corporate Participants
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* Masashi Yasuda
GMO Internet, Inc. - Executive VP, Deputy to Group CEO, Group CFO, Head of Group Management Division & Director
* Masatoshi Kumagai
GMO Internet, Inc. - Founder, Chairman & Group CEO
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Unidentified Company Representative -
Before the presentation by CEO, Kumagai, I'd like to explain the changes in accounting rules regarding posting. From this fiscal year, we are adopting accounting standard for revenue recognition and rules for posting sales have changed. In this material, the figures before the change of the rules are described as former standard, and after the change are described as new standard. As was introduced at the last financial results briefing, the impact of the new rules will reduce the sales of Online Advertising & Media segment substantially. And Internet Infrastructure segment will have partial but limited impact. There are no impacts on Internet Finance, Cryptoassets and
Q1 2022 GMO Internet Inc Earnings Presentation Transcript
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