Investor Presentaiton
I. Summary of FY21
Unit: (JPY) billion (bn)
+/- %, YoY Year over year comparison
Net Profit is "Profit for the period attributable to owners of the parent❞
Revenues ¥226.3 bn, +6.3% Operating Profit ¥23.5 bn, +65.3% Net Profit ¥15.7 bn, +61.4%
Started the Mid-term Plan with the first year's profit largely exceeding the initial target
Structural profit expansion continued with our scale-merited enterprise recurring revenue (1) growth
Increased dividend along with the profit growth (FY21 adjusted payout ratio: around 30%(*)
Operating Profit & OPM
NW Services Revenue
(excl.
mobile)
Net Profit & ROE
Dividend per Share
FY19
Results
FY20
Results
FY21
Results
FY20
Results
FY21
Initial
target
FY21
Revised
target
FY21
Results
FY19
Results
FY20
Results
FY21
Results
16.2%
FY20
Results
FY21
Initial
forecast
FY21
Revised
forecast
9.6%
10.4%
¥46.00
11.5%
6.7% 7.7%
87.5
+10.3%
15.7
+61.4%
FY21
Results
¥48.00
(27.7%)*2)
OPM
22.0
23.5
+65.3%
5.2%
75.9
-1.0% (3)
79.3
+4.5%
17.5
ROE
14.2
+73.2%
9.7
+142.4%
¥29.75
(27.6%)
10.25
¥39.00
23.00 23.00
19.50
4.0
+13.8%
Network
Services
(excl.Mobile)
•
Mobile
SI
Topics
19.50 19.50 23.00 25.00
Year-end Interim (%) Payout ratio
In-house developed highly value-added enterprise network (NW) services continued to grow by increasing digitalization demands
IP: ¥13.68 bn, +12.4%, Outsourcing: ¥40.52 bn, +13.5%, WAN: ¥26.40 bn, +5.4%, Security (part of Outsourcing) ¥22.22 bn, +20.6%
Total Mobile subscription as of Mar. 31, 2022: 3,508 thousand (of which, GigaPlans: 667 thousand)
Enterprise (excluding MVNE) largely grew by accumulating various NW camera projects etc.
Revenue: ¥10.26 bn, +31.4%, Subscription: 1,374 thousand, +23.7%
.
Consumer & MVNE revenues decreased as planned due to ARPU decrease for consumers & change in unit charge for MVNE clients at
the beginning of FY21 (Total mobile revenue decrease: Plan: ¥7.0 bn, Result: \6.81bn)
Received orders of several large scale integrated NW replacement projects. Favorable demands for NW integration such as Office IT
Financial impacts from PTC (consolidated from Apr. 1, 2021): Revenues ¥6.89 bn (Plan: ¥8.5 bn) Operating profit ¥0.31 bn (Plan: ¥0.4 bn)
"IIJ GIO Infrastructure P2 Gen.2" was launched in Oct. 2021 to promote full-scale Cloud shift of enterprise systems
"IIJ GIO Infrastructure P2" was registered on ISMAP, Japanese government's Cloud service list (Dec. 2021)
Construct 2nd site of Shiroi DC to absorb growing facility demands through FY2027 by gradually operating from July 2023
DeCurret HLD, an equity method investee, divested its crypto asset exchange business to focus on digital currency business. (Feb. 2022),
enhanced management
(*1) Enterprise recurring revenue: Sum of Network services (excluding Mobile) and Systems operation and maintenance revenues
(*2) FY21 adjusted payout ratio is around 30%, which is calculated by deducting temporary and non-cash transaction such as valuation gain on funds & impairment losses
(*3) FY19 NW Services Revenue (excluding mobile) includes certain large clients' WAN revenue which decreased by ¥4.4 bn YoY
Internet Initiative Japan Inc.
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