INTERNET INITIATIVE JAPAN INC.


Associated tags: System, IIJ, Cloud computing, Tokyo Stock Exchange, Security (finance), TSE

Locations: TOKYO, JP, UNITED KINGDOM, ASIA, UNITED STATES, JAPAN

IIJ Announces its First Three Months Results for the Fiscal Year Ending March 31, 2024

Retrieved on: 
Tuesday, August 8, 2023

Gross profit was JPY10,221 million, up 16.1% YoY (JPY8,803 million for 1Q22), and gross profit ratio was 28.1% (26.5% for 1Q22).

Key Points: 
  • Gross profit was JPY10,221 million, up 16.1% YoY (JPY8,803 million for 1Q22), and gross profit ratio was 28.1% (26.5% for 1Q22).
  • Gross profit was JPY3,256 million, down 9.8% YoY (JPY3,610 million for 1Q22) and gross profit ratio was 13.4% (14.9% for 1Q22).
  • Gross profit was JPY323 million (JPY287 million for 1Q22) and gross profit ratio was 44.6% (41.8% for 1Q22).
  • Therefore, financial targets for the fiscal year ending March 31, 2024 (FY2023) announced on May 12, 2023 remain unchanged.

Notice Regarding the Terms and Conditions Concerning the Issuance of Stock-Compensation-Type Stock Options (Stock Acquisition Rights)

Retrieved on: 
Thursday, July 13, 2023

TOKYO, July 13, 2023 (GLOBE NEWSWIRE) -- Internet Initiative Japan Inc. (“IIJ”, the “Company”, TSE Prime: 3774) hereby announces that it has determined the remaining terms and conditions concerning the issuance of stock-compensation-type stock options (“Stock Acquisition Rights”), resolved by the IIJ’s Board of Directors on June 28, 2023, to be allotted to Directors (excluding Part-time and Outside Directors) and Executive Officers of IIJ, as follows.

Key Points: 
  • TOKYO, July 13, 2023 (GLOBE NEWSWIRE) -- Internet Initiative Japan Inc. (“IIJ”, the “Company”, TSE Prime: 3774) hereby announces that it has determined the remaining terms and conditions concerning the issuance of stock-compensation-type stock options (“Stock Acquisition Rights”), resolved by the IIJ’s Board of Directors on June 28, 2023, to be allotted to Directors (excluding Part-time and Outside Directors) and Executive Officers of IIJ, as follows.
  • The Stock Acquisition Rights are allotted to Directors (excluding Part-time and Outside Directors) and Executive Officers of IIJ by offsetting their monetary remuneration claims against the Company and their obligations to pay for the allotment of the Stock Acquisition Rights.
  • 4.
  • Persons to be allotted the stock acquisition rights, number of persons, and number of stock acquisition rights to be allotted:

Notice regarding Issuance of Stock-Compensation-Type Stock Options (Stock Acquisition Rights)

Retrieved on: 
Wednesday, June 28, 2023

TOKYO, June 28, 2023 (GLOBE NEWSWIRE) -- Internet Initiative Japan Inc. (“IIJ”, the “Company”, TSE Prime: 3774) announced that IIJ’s Board of Directors today resolved that stock-compensation-type stock options (Stock Acquisition Rights) be issued to Directors (excluding Part-time and Outside Directors) and Executive Officers of IIJ, in accordance with the provisions of Articles 236 Paragraph 1, Article 238 Paragraph 1 and 2 and Article 240 Paragraph 1 of the Corporation Law of Japan, as follows.

Key Points: 
  • Any acquisition of stock acquisition rights by transfer shall be subject to the approval by resolution of the Board of Directors of the Company.
  • The Company shall deliver stock acquisition rights, the number of which shall equal the number of stock acquisition rights held by the holder of the Remaining Stock Acquisition Rights.
  • Accordingly, the issuance of the stock acquisition rights is not an issuance of shares with favorable terms.
  • (14) Persons to be allotted stock acquisition rights, number of persons, and number of stock acquisition rights to be allotted

Notice Regarding the Completion of Payment for Disposal of Treasury Stock for Restricted Stock Remuneration

Retrieved on: 
Wednesday, June 14, 2023

TOKYO, June 14, 2023 (GLOBE NEWSWIRE) -- Internet Initiative Japan Inc. (“IIJ”, the “Company”, TSE Prime Market: 3774) announced that the payment regarding the disposal of treasury stock as the restricted stock remuneration, resolved at the IIJ’s Board of Directors held on May 18, 2023, has been completed as described in the following table.

Key Points: 
  • TOKYO, June 14, 2023 (GLOBE NEWSWIRE) -- Internet Initiative Japan Inc. (“IIJ”, the “Company”, TSE Prime Market: 3774) announced that the payment regarding the disposal of treasury stock as the restricted stock remuneration, resolved at the IIJ’s Board of Directors held on May 18, 2023, has been completed as described in the following table.
  • For details, please refer to the “Notice Regarding the Disposal of Treasury Stock for Restricted Stock Remuneration” disclosed on May 18, 2023.

Notice regarding the Distribution of Retained Earnings

Retrieved on: 
Thursday, May 25, 2023

TOKYO, May 25, 2023 (GLOBE NEWSWIRE) -- Internet Initiative Japan Inc. (“IIJ”, TSE Prime Market : 3774) announced that IIJ’s board of directors today resolved upon the dividends to be paid from retained earnings to shareholders on the record date of March 31, 2023 as described below. The distribution of retained earnings is subject to the approval of IIJ’s 31st Ordinary General Meeting of Shareholders that will be held on June 28, 2023 in Tokyo.

Key Points: 
  • (*) IIJ conducted a stock split at a ratio of two-for-one with an effective date of October 1, 2022.
  • The above written amounts of FY2022 year-end dividend per common share and latest forecast are the amounts after the stock split, and figure for FY2021 is the amount before the stock split.
  • Regarding the post-split basis amount for FY2021, year-end dividend per common share was JPY12.50.
  • Based on the basic policy and financial results for FY2022, IIJ decided to pay JPY14.63 per common share as FY2022 year-end dividend.

Partial Disposal of Shares of Common Stock Held by Nippon Telegraph and Telephone Corporation (Largest Shareholder), Acquisition of Shares of Common Stock by KDDI Corporation, Acquisition of Treasury Stock, etc.

Retrieved on: 
Thursday, May 18, 2023

TOKYO, May 18, 2023 (GLOBE NEWSWIRE) -- Internet Initiative Japan Inc. (“IIJ”, the “Company”, TSE Prime: 3774) hereby announces that a series of capital transactions are scheduled to be implemented for a portion of IIJ’s shares of common stock held by Nippon Telegraph and Telephone Corporation (“NTT”), which is the largest shareholder of IIJ, in accordance with the NTT’s policy of disposing of the shares held by it. IIJ also hereby announces changes in Other Affiliated Company and Major Shareholders (each, as defined in the Financial Instruments and Exchange Act or relevant Cabinet Office Order) of IIJ as well as certain other matters.

Key Points: 
  • As of today, NTT has entered into the share purchase agreement with KDDI Corporation (“KDDI”) to transfer 18,707,000 shares (shareholding percentage (Note): 10.00%) out of the shares of IIJ’s common stock held by NTT to KDDI through off-market transaction (the “Share Transfer”).
  • The Share Transfer falls under a secondary offering of IIJ’s common stock.
  • NTT has informed IIJ that NTT intends to tender 3,928,500 shares (shareholding percentage (Note): 2.10%) out of the shares of IIJ’s common stock held by NTT in the Acquisition of Treasury Stock.
  • NTT has informed IIJ that NTT intends to continue holding such shares for the time being.

Notice Regarding the Disposal of Treasury Stock for Restricted Stock Remuneration

Retrieved on: 
Thursday, May 18, 2023

The Disposal of Treasury Stock is conditioned on the Securities Registration Statement taking effect in accordance with the Financial Instruments and Exchange Act.

Key Points: 
  • The Disposal of Treasury Stock is conditioned on the Securities Registration Statement taking effect in accordance with the Financial Instruments and Exchange Act.
  • (The Company conducted a stock split at a ratio of two-for-one with a record date of December 31, 2020.
  • of IIJ-Global, taking into consideration our consolidated financial results, and non-consolidated financial results of IIJ and IIJ-Global, along with the disposal of treasury stock as the restricted stock remuneration for Eligible Directors, etc.
  • Moreover, issuance or disposal of the Allotted Shares shall be conditional upon a restricted stock allocation agreement (the “Allotment Agreement”) concluded between the Company and each Eligible Directors, etc.

IIJ Announces its Nine Months Results for the Fiscal Year Ending March 31, 2023

Retrieved on: 
Wednesday, February 8, 2023

Systems construction and equipment sales, a one-time revenue, was JPY29,936 million, up 22.6% YoY (JPY24,415 million for 1Q-3Q21).

Key Points: 
  • Systems construction and equipment sales, a one-time revenue, was JPY29,936 million, up 22.6% YoY (JPY24,415 million for 1Q-3Q21).
  • Gross profit was JPY28,117 million, up 6.3% YoY (JPY26,444 million for 1Q-3Q21), and gross profit ratio was 27.4% (27.8% for 1Q-3Q21).
  • Gross profit was JPY897 million (JPY796 million for 1Q-3Q21) and gross profit ratio was 42.4% (38.1% for 1Q-3Q21).
  • It included gains on financial instruments, mainly related to funds, of JPY376 million (JPY2,560 million for 1Q-3Q21) and foreign exchange gain of JPY323 million (JPY98 million for 1Q-3Q21).