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Internet Init Jap (IIJI)

Internet Init Jap (IIJI)
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Company Info

Internet Init Jap Iidabashi Grand Bloom 2-10-2 Fujimi Chiyoda-ku TOKYO M0 102-0071 JPN

www.iij.ad.jp P: 011-813-5205

INDUSTRY GROUPING:

Internet - Services

Description:

Internet Initiative Japan Inc., (IIJ) was incorporated in December 1992 to develop and operate Internet access services and other Internet-related services in Japan. Nippon Telegraph and Telephone Corporation and its subsidiaries own about 30% of the firm. The Company offers a range of Internet connectivity services, outsourcing services and network integration to its customers in Japan. Its services are based upon the quality of networking technology tailored to meet specific needs and demands of its customers. IIJ offers, together with other companies or independently, a variety of services to its customers, mainly corporate and governmental organizations, as total network solutions through a single source. The main services are its connectivity services, outsourcing services, systems integration and equipment sales. IIJ's connectivity services includes full-spec IP service with bandwidth ranging from 64 kbps up to 10 Gbps, low-cost broadband services such as optical and/or ADSL lines which are mainly used to connect branch offices, and mobile access services. The Company offers two categories of Internet connectivity services: connectivity services for corporate use and connectivity services for home use. Connectivity services for corporate use are based mainly on dedicated local-line connections provided by telecommunications carriers between the Company's backbone and customers. Connectivity services for home use mainly require customers to connect to its points of presence through the publicly-switched telephone network or variety of broadband access services, such as ADSL and optical lines. The last-one mile access such as dedicated access, ADSL, fiber optic, Ethernet and others are provided by large telecommunications carriers such as NTT East and West, NTT DoCoMo, Inc. and others. IIJ's outsourcing services include security-related outsourcing services that protect its customer network systems from unauthorized access and secure remote connections to internal networks, network-related outsourcing services such as router rental and Virtual Private Network, server-related outsourcing services such as web server hosting and e-mail security service, and data center-related outsourcing services. IIJ's systems integration includes systems construction and systems operation and maintenance. Systems construction are tailored to meet each of its customers' requirements, which include consulting, project planning, systems design and construction of network systems, and sales of equipment and software purchased from third parties. Systems operation and maintenance revenues include systems construction-related maintenance, monitoring and other operating services. In addition, the Company entered the ATM operation business through its consolidated subsidiary, Trust Networks, which was established in July 2007. Trust Networks operates ATMs and its network systems and receives a commission for each bank withdrawal transaction when a customer uses its serviced ATMs. The main customers of the Company continues to be major Corporations, including ISPs. The company is regulated under the Ministry of Internal Affairs and Communications under the Telecommunications Business Law in Japan.

Key Statistics

Overview:

Market Capitalization, $K 926,806
Shares Outstanding, K 93,428
Float, K 87,206
% Float 93.34%
% of Insider Shareholders 6.66%
% of Institutional Shareholders 0.50%

Financials:

Annual Sales, $ 1,584 M
Annual Net Income, $ 45,980 K
Last Quarter Sales, $ 430,930 K
Last Quarter Net Income, $ -6,080 K

Growth:

1-Year Return 2.06%
3-Year Return -2.65%
5-Year Return -15.93%
5-Year Revenue Growth 40.42%
5-Year Earnings Growth -24.64%
5-Year Dividend Growth 12.50%

Per-Share Information:

Next Earnings Date 05/21/19
Earnings Per Share ttm 0.65
EPS Growth vs. Prev Qtr 328.57%
EPS Growth vs. Prev Year 150.00%
Annual Dividend & Yield (Paid) 0.05 (0.50%)
Annual Dividend & Yield (Fwd) 0.05 (0.46%)
Most Recent Dividend 0.045 on 09/26/18
Next Ex-Dividends Date 09/26/18
Dividend Payable Date 12/18/14
Dividend Payout Ratio 14.60%

IIJI Ratios

Ratio
Price/Earnings ttm 15.52
Price/Earnings forward N/A
Price/Earnings to Growth N/A
Return-on-Equity % 8.67%
Return-on-Assets % 4.11%
Profit Margin % 2.90%
Debt/Equity N/A
Price/Sales 0.55
Price/Cash Flow 5.89
Price/Book 1.38
Book Value/Share 7.16
Interest Coverage 21.88
60-Month Beta 0.75
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