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GMO Payment Gateway surges to daily limit up as payment processing business drives 22% increase in interim net profit for March
GMO Payment Gateway, Inc. <3769> shares surged to their daily limit high of 8,774 yen, up 1,500 yen, extending sharp gains for a second consecutive day after the company announced its financial results following the market close on May 15. For the first-half ended March 2026 (October 2025 to March 2026), revenue rose 13.1% year-on-year to 46.08 billion yen, and net profit grew 22.3% to 12.04 billion yen, attracting strong buying interest. Growth was driven by its core payment processing segment, fueled by steady performance in high-margin online payment services and recurring revenue in the in-person segment, alongside the absence of one-time expenses recorded in the same period last year.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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