Overview
Information & Communication

GMO Payment Gateway,Inc.

GMO Payment Gateway is Japan's leading payment processing service provider, offering comprehensive online and in-store payment solutions to merchants across more than 30 domestic and international payment methods, including credit cards, QR code payments, carrier billing, and convenience store payments. The company also provides financial services such as early payment (factoring), transaction lending, BNPL, salary advance, and BaaS (Banking as a Service) infrastructure to financial institutions. Its competitive strengths lie in its broad payment method coverage, scalable platform serving BtoC e-commerce through to large financial institutions, and expanding global operations primarily across Asia.

Market Cap
¥663B
US$4.23B
EV
¥513B
US$3.27B
Stock¥8,725▼-2.07%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
12.4
x
LTM EV/EBIT
13.8
x
LTM PER
26.3
x
LTM PBR
5.3
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-19.3%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Aug 17, 26Q3 FY2026/09 earnings announced
MC → EV Bridge
663BUS$4.23BMarket Cap53.9BUS$344M+ Debt205BUS$1.31B− Cash2.03BUS$13.0M− Inv. Sec.3.61BUS$23.0M+ NCI513BUS$3.27BEV
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Performance & Balance
Revenue 5Y (¥B)
41.7US$266M'21/950.3US$321M'22/963.1US$403M'23/973.8US$471M'24/982.5US$526M'25/9
EBITDA 5Y (¥B)
14.9US$94.9M'21/918.4US$117M'22/922.7US$145M'23/928.5US$182M'24/935.3US$225M'25/9
Net Income 5Y (¥B)
8.82US$56.2M'21/924.2US$154M'22/913.5US$85.9M'23/918.7US$119M'24/921.8US$139M'25/9
Capital Structure
70%
30%
EquityD/E 0.43xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
105US$667M8.12US$51.8M'21/9114US$727M15.1US$96.1M'22/9134US$852M17.4US$111M'23/9174US$1.11B53.1US$339M'24/9220US$1.40B29.3US$187M'25/9
Shareholders
Top 10 hold 71.9%
1
GMO internet group,Inc.
40.72%
2
The Master Trust Bank of Japan, Ltd. (Trust Account)
10.49%
3
Custody Bank of Japan, Ltd. (Trust Account)
7.04%
4
CEP LUX-ORBIS SICA V (Standing Proxy: Citibank, N.A., Tokyo Branch)
3.67%
5
Sumitomo Mitsui Banking Corporation
3.26%
6
STATE STREET BANK AND TRUST COMPANY 505025 (Standing Proxy: Mizuho Bank, Ltd.)
1.44%
7
STATE STREET BANK AND TRUST COMPANY 505103 (Standing Proxy: Mizuho Bank, Ltd.)
1.37%
8
STATE STREET BANK AND TRUST COMPANY 505001 (Standing Proxy: Mizuho Bank, Ltd.)
1.35%
9
THE CHASE MANHATTAN BANK.N.A. LONDONSECS LENDING OMNIBUS ACCOUNT (Standing Proxy: Mizuho Bank, Ltd.)
1.31%
10
STATE STREET BANK AND TRUST COMPANY 505301 (Standing Proxy: Mizuho Bank, Ltd.)
1.30%
Management
13 officers
Kazunari AIURA
Representative Director, President
Apr 1986 Joined IBM Japan, Ltd. Apr 2000 Representative Director, President, Card Call Service Co., Ltd. (now GMO Payment Gateway, Inc.) Dec 2003 Director, MTI Ltd. Mar 2006 Director, GMO Internet, Inc. (now GMO Internet Group, Inc.) Dec 2011 Representative Director, CEO, GMO Payment Gateway, Inc. Dec 2012 Representative Director, President, GMO Payment Gateway, Inc. (current) Mar 2014 Senior Managing Director, in charge of Group Payment Division, GMO Internet, Inc. Mar 2016 Director, Vice President, in charge of Group Payment Division, GMO Internet, Inc. Mar 2022 Director, Group Vice President, Executive Officer, in charge of Group Payment Division, GMO Internet Group, Inc. (current)
1962-07-19
Ryo MURAMATSU
Director, Vice President, General Manager of Corporate Value Creation Strategy Headquarters
Apr 1994 Joined Nihon Gōdō Finance Co., Ltd. (now Jafco Group Co., Ltd.) Dec 1999 Representative Director, Payment One Co., Ltd. May 2001 Representative Director, Chief Executive Officer, Payment One Co., Ltd. Dec 2004 Managing Director, General Manager of Corporate Planning Office, Card Commerce Service Co., Ltd. (now GMO Payment Gateway, Inc.) Dec 2007 Senior Managing Director, General Manager of Corporate Planning Office, GMO Payment Gateway, Inc. Oct 2009 Senior Managing Director, General Manager of Corporate Planning Office, in charge of Investment Strategy Office, GMO Payment Gateway, Inc. Oct 2010 Senior Managing Director, General Manager of Corporate Planning Office, in charge of Investment Strategy Office and Business Strategy Office, GMO Payment Gateway, Inc. Nov 2010 Senior Managing Director, General Manager of Corporate Planning Office, in charge of Investment Strategy Office, Business Strategy Office and Product & Service Strategy Office, GMO Payment Gateway, Inc. Dec 2010 Director, Vice President, General Manager of Corporate Planning Office, in charge of Investment Strategy Office, Business Strategy Office and Product & Service Strategy Office, GMO Payment Gateway, Inc. Oct 2012 Director, Vice President, General Manager of Corporate Value Creation Strategy Headquarters, GMO Payment Gateway, Inc. (current)
1970-04-08
Masatoshi KUMAGAI
Director, Chairman
May 1991 Representative Director, Voice Media Co., Ltd. (now GMO Internet Group, Inc.) Sep 1999 Representative Director, Magclick, Inc. (now GMO Internet, Inc.) Apr 2000 Director, Magclick, Inc. (now GMO Internet, Inc.) Aug 2001 Representative Director, Chairman, Ail Co., Ltd. (now GMO GlobalSign Holdings K.K.) Apr 2002 Director, Chairman, GMO Research Institute Co., Ltd. (now GMO Product Platform, Inc.) (current) Mar 2003 Representative Director, Chairman and President, Global Media Online Inc. (now GMO Internet Group, Inc.) Mar 2003 Director, Chairman, Ail Co., Ltd. (now GMO GlobalSign Holdings K.K.) (current) Mar 2004 Director, Chairman, paperboy&co. Inc. (now GMO Pepabo, Inc.) (current) Mar 2004 Director, Chairman, GMO Mobile & Desktop Inc. (now GMO Media, Inc.) (current) Dec 2004 Director, Chairman, Card Commerce Service Co., Ltd. (now GMO Payment Gateway, Inc.) Mar 2007 Director, Chairman, Magclick, Inc. (now GMO Internet, Inc.) May 2008 Representative Director, Chairman and President, Group Representative, GMO Internet, Inc. (now GMO Internet Group, Inc.) Apr 2009 Director, Chairman, Innovex Co., Ltd. (now GMO TECH Co., Ltd.) Dec 2011 Director, Chairman and President, GMO Payment Gateway, Inc. Dec 2012 Director, Chairman, GMO Payment Gateway, Inc. (current) Mar 2015 Director, GMO AD Partners Inc. (now GMO Internet, Inc.) Mar 2016 Director, Chairman, GMO AD Partners Inc. (now GMO Internet, Inc.) (current) Mar 2022 Representative Director, Group Representative, Chairman and President, Executive Officer, CEO, GMO Internet Group, Inc. (current) Oct 2025 Director, Chairman, GMO TECH Holdings Co., Ltd. (current)
1963-07-17
Masafumi YASUDA
Director
Apr 2000 Registered as Certified Public Accountant Apr 2000 Joined Intercue Co., Ltd. (now GMO Internet Group, Inc.) Sep 2001 General Manager of Management Strategy Office, Global Media Online Inc. (now GMO Internet Group, Inc.) Mar 2002 Director, General Manager of Management Strategy Office, Global Media Online Inc. (now GMO Internet Group, Inc.) Mar 2003 Managing Director, in charge of Group Management Strategy and IR, Global Media Online Inc. (now GMO Internet Group, Inc.) Mar 2005 Senior Managing Director, in charge of Administration Division, Group Management Strategy and IR, Global Media Online Inc. (now GMO Internet Group, Inc.) May 2008 Senior Managing Director, in charge of Group Administration Division, GMO Internet, Inc. (now GMO Internet Group, Inc.) Mar 2013 Senior Managing Director, Deputy Group Representative, in charge of Group Administration Division, GMO Internet, Inc. (now GMO Internet Group, Inc.) Mar 2015 Director, Vice President, Deputy Group Representative, in charge of Group Administration Division, GMO Internet, Inc. (now GMO Internet Group, Inc.) Mar 2016 Director, GMO Media, Inc. (current) Mar 2016 Director, GMO Cloud K.K. (now GMO GlobalSign Holdings K.K.) (current) Mar 2016 Director, GMO Pepabo, Inc. Mar 2016 Director, GMO Research Institute Co., Ltd. (now GMO Product Platform, Inc.) (current) Mar 2016 Director, GMO AD Partners Inc. (now GMO Internet, Inc.) (current) Mar 2016 Director, GMO TECH Co., Ltd. Jun 2016 Director, GMO Click Holdings Inc. (now GMO Financial Holdings, Inc.) (current) Jun 2016 Outside Audit & Supervisory Board Member, Aozora Trust Bank, Ltd. (now GMO Aozora Net Bank, Ltd.) Dec 2016 Director, GMO Payment Gateway, Inc. (current) Jun 2019 Outside Director, GMO Aozora Net Bank, Ltd. (current) Mar 2022 Director, Group Vice President, Executive Officer, CFO, Deputy Group Representative, in charge of Group Administration Division, GMO Internet Group, Inc. (current) Oct 2025 Director, GMO TECH Holdings Co., Ltd. (current)
1971-06-10
Hiroshi YAMASHITA
Director
Apr 1985 Joined IBM Japan, Ltd. Feb 2002 General Manager, Financial Solutions Service Development, IBM Japan, Ltd. Apr 2007 Joined GMO Internet, Inc. (now GMO Internet Group, Inc.), Deputy General Manager, Group Systems Support Office Apr 2008 General Manager, Group Systems Support Office, GMO Internet, Inc. (now GMO Internet Group, Inc.) Jan 2009 General Manager, Systems Division, GMO Internet, Inc. (now GMO Internet Group, Inc.) Mar 2009 Director, General Manager, Systems Division, GMO Internet, Inc. (now GMO Internet Group, Inc.) Dec 2010 Outside Director, GMO Payment Gateway, Inc. Mar 2011 Managing Director, General Manager, Systems Division, GMO Internet, Inc. (now GMO Internet Group, Inc.) Jun 2011 Outside Director, GMO Click Securities, Inc. Mar 2013 Managing Director, in charge of Group Systems Division, General Manager, Systems Division, GMO Internet, Inc. (now GMO Internet Group, Inc.) Mar 2015 Senior Managing Director, in charge of Group Systems Division, General Manager, Systems Division, GMO Internet, Inc. (now GMO Internet Group, Inc.) Dec 2018 Director, GMO Payment Gateway, Inc. (current) Mar 2022 Group Vice President, Executive Officer, in charge of Group Systems Division, General Manager, Systems Division, GMO Internet Group, Inc. Apr 2022 Group Vice President, Executive Officer, in charge of Group Systems Division, General Manager, Systems Headquarters, GMO Internet Group, Inc. Jan 2025 Group Vice President, Executive Officer, in charge of Group Systems Division, GMO Internet Group, Inc. (current) Jan 2025 Vice President, Executive Officer, GMO Internet, Inc. Mar 2025 Vice President, Executive Officer, in charge of Systems Division, GMO Internet, Inc. (current)
1962-07-01
Noriko INAGAKI
Director
Jun 2003 Joined Global Media Online Inc. (now GMO Internet Group, Inc.) Jun 2003 Registered as Certified Tax Accountant Jan 2013 Manager, Group Finance Department, GMO Internet, Inc. (now GMO Internet Group, Inc.) Mar 2016 General Manager, Group Finance Department, GMO Internet, Inc. (now GMO Internet Group, Inc.) Mar 2020 Director, General Manager, Group Finance Department, GMO Internet, Inc. (now GMO Internet Group, Inc.) Dec 2021 Director, GMO Payment Gateway, Inc. (current) Mar 2022 Group Executive Officer, General Manager, Group Finance Department, GMO Internet, Inc. (now GMO Internet Group, Inc.) Mar 2025 Group Senior Executive Officer, General Manager, Group Finance Department, GMO Internet Group, Inc. (current)
1970-07-09
Yuki KAWASAKI
Director
Dec 2011 Registered as Attorney-at-Law (Second Tokyo Bar Association) Dec 2012 Joined GMO Internet, Inc. (now GMO Internet Group, Inc.) Oct 2016 Manager, Group Legal Department, GMO Internet, Inc. (now GMO Internet Group, Inc.) Apr 2018 General Manager, Group Legal Department, GMO Internet, Inc. (now GMO Internet Group, Inc.) Dec 2020 Director, GMO Payment Gateway, Inc. (current) Mar 2021 Director, General Manager, Group Legal Department, GMO Internet, Inc. (now GMO Internet Group, Inc.) Mar 2022 Group Executive Officer, General Manager, Group Legal Department, GMO Internet Group, Inc. (current) Mar 2024 Audit & Supervisory Board Member, GMO Commerce, Inc. Mar 2025 Director, Audit and Supervisory Committee Member, GMO Commerce, Inc. (current)
1981-08-24
Takashi SHIMAHARA
Director
Apr 1985 Joined Sumitomo Bank, Ltd. (now Sumitomo Mitsui Banking Corporation) Nov 2006 General Manager, Ship Finance Division, Sumitomo Mitsui Banking Corporation Apr 2008 General Manager, 4th European Sales Department, Sumitomo Mitsui Banking Corporation Jun 2011 General Manager, 6th European Sales Department, Sumitomo Mitsui Banking Corporation Apr 2013 General Manager, Trade Finance Sales Department, Sumitomo Mitsui Banking Corporation Apr 2015 Executive Officer, General Manager, Global Business Promotion Department, Sumitomo Mitsui Banking Corporation Apr 2016 Executive Officer, General Manager, Transaction Business Headquarters, Sumitomo Mitsui Banking Corporation Apr 2018 Managing Executive Officer, Ginsen Co., Ltd. Oct 2018 General Manager, Group Financial Business Promotion Office, GMO Internet, Inc. (now GMO Internet Group, Inc.) Jun 2019 Outside Audit & Supervisory Board Member, GMO Aozora Net Bank, Ltd. (current) Mar 2020 General Manager, Group Financial Business Promotion and Group Internal Audit Office, GMO Internet, Inc. (now GMO Internet Group, Inc.) Apr 2021 General Manager, Group Risk Management Headquarters, and General Manager, Group Financial Business Collaboration and Group Internal Audit Office, GMO Internet Group, Inc. (current) Dec 2021 Director, GMO Payment Gateway, Inc. (current)
1961-12-01
Fumiaki KAI
Director
Apr 1983 Joined Bank of Japan Jun 1996 Planning Officer, Management Administration Department, Bank of Japan Jun 1998 Planning Officer, General Affairs and Personnel Department, Bank of Japan Jun 2000 Planning Officer, Settlement Systems Section, Credit Mechanism Division, Bank of Japan Oct 2001 Planning Officer, Inspection Bureau, Bank of Japan Jun 2006 Counselor, Financial Institutions Bureau, Bank of Japan Oct 2008 General Manager, Akita Branch, Bank of Japan Jun 2011 Counselor, Institute for Monetary and Economic Studies, Bank of Japan Apr 2013 General Manager, Deposit Insurance Department, Deposit Insurance Corporation of Japan (seconded from Bank of Japan) Jun 2015 Full-time Audit & Supervisory Board Member, Central Rokin Bank Jun 2019 Policy Research Director, Tokyo Foundation for Policy Research Jun 2021 Outside Director, Fidea Holdings Co., Ltd. (current) Jul 2021 Advisor, Sompo Japan Insurance Inc. Dec 2021 Outside Director, Audit and Supervisory Committee Member, GMO Payment Gateway, Inc. Dec 2023 Outside Director, GMO Payment Gateway, Inc. (current)
1959-06-23
Masayuki HIJIKURO
Director (Full-time Audit and Supervisory Committee Member)
Apr 1984 Joined IBM Japan, Ltd. Jun 2010 Executive, General Manager, GBS AMS SI Business Division, IBM Japan, Ltd. Jul 2013 Executive, General Manager, Third Financial Services Business Division, GBS Financial Services Business, IBM Japan, Ltd. Oct 2015 Seconded to IBM Japan Digital Services Co., Ltd. (formerly Nihon IBM Solution Services Co., Ltd.) Mar 2016 Representative Director, President, IBM Japan Digital Services Co., Ltd. (formerly Nihon IBM Solution Services Co., Ltd.) Jul 2020 Director, General Manager, Financial Business Division, IBM Japan Digital Services Co., Ltd. Jan 2024 Executive Officer, in charge of Project Promotion, IBM Japan Digital Services Co., Ltd. Dec 2024 Outside Director, Audit and Supervisory Committee Member, GMO Payment Gateway, Inc. (current)
1959-05-11
Osamu OKAWA
Director (Audit and Supervisory Committee Member)
Apr 1996 Registered as Attorney-at-Law (Osaka Bar Association); joined Dojima Law Office Jan 2001 Partner and Attorney-at-Law, Dojima Law Office Jun 2003 Outside Audit & Supervisory Board Member, Tiger Polymer Corporation Oct 2005 Part-time Lecturer and Visiting Professor, Graduate School of Law, Osaka University (current) Jun 2007 Outside Audit & Supervisory Board Member, San Capital Management Co., Ltd. (now Kitahama Capital Partners Co., Ltd.) Oct 2009 Partner and Attorney-at-Law, Dojima Law Office Corporation (current) Dec 2023 Outside Director, Audit and Supervisory Committee Member, GMO Payment Gateway, Inc. (current)
1969-11-15
Mamoru NONOBE
Director (Audit and Supervisory Committee Member)
Apr 1986 Joined American Express International, Inc., Japan Branch Aug 2000 Representative Director, Vice President, Sumigin American Express Service Co., Ltd. Nov 2000 Vice President, Global Network Services, Japan/Korea Region, American Express International, Inc., Japan Branch Mar 2003 Representative Director, President, American Express Card Services Co., Ltd. Apr 2004 Vice President, Global Network Services, Japan and Asia Franchise Region (Vietnam, Sri Lanka, Pakistan, Maldives, Brunei), American Express International, Inc., Japan Branch Aug 2005 Vice President, Traveler's Cheque & Prepaid Services, American Express International, Inc., Japan Branch Aug 2005 Director, American Express Prepaid Card Ltd. Sep 2007 Head of Cartier Retail, Richemont Japan K.K. Sep 2011 Head of Business Development II, Visa Worldwide Japan K.K. Oct 2015 Representative, Business Advisory Services (Payments and Financial Services) Mar 2018 Representative Director, President, JFR Card Co., Ltd., and Executive Officer, J. Front Retailing Co., Ltd. May 2022 Representative Director, President, JFR Card Co., Ltd. Dec 2025 Outside Director, Audit and Supervisory Committee Member, GMO Payment Gateway, Inc. (current)
1961-10-13
Mizue SATO
Director (Audit and Supervisory Committee Member)
Oct 1991 Joined Chuo Audit Corporation Apr 1995 Registered as Certified Public Accountant Apr 2002 Head, Mizue Sato Certified Public Accountant Office (now Mizue Sato Certified Public Accountant and Tax Accountant Office) (current) Jun 2005 Registered as Certified Tax Accountant Jun 2025 Outside Audit & Supervisory Board Member, Rikei Corporation (current) Dec 2025 Outside Director, Audit and Supervisory Committee Member, GMO Payment Gateway, Inc.
1968-02-23
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Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-14
Q3 Earnings Flash
FY ending Sep 2026
EDINET
2026-05-15
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Period: Oct 2025 – Sep 2026
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Annual Securities Report
Period: Oct 2024 – Sep 2025
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2025-10-22
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Large Shareholding Report
TDnet
2025-08-08
Q3 Earnings Flash
FY ending Sep 2025
EDINET
2025-05-14
Semi-Annual Securities Report
Period: Oct 2024 – Sep 2025
TDnet
2025-02-12
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FY ending Sep 2025
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Annual Securities Report
Period: Oct 2023 – Sep 2024
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Quarterly Securities Report
Period: Jan 2024 – Mar 2024
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2024-02-13
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
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2023-12-18
Annual Securities Report
Period: Oct 2022 – Sep 2023
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-05-12
Quarterly Securities Report
Period: Jan 2023 – Mar 2023
EDINET
2023-02-13
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-12-19
Annual Securities Report
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Quarterly Securities Report
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Quarterly Securities Report
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2021-12-20
Annual Securities Report
EDINET
2021-08-11
Quarterly Securities Report
EDINET
2021-05-13
Quarterly Securities Report
EDINET
2021-02-12
Quarterly Securities Report
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