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Investor Presentaiton

- 1. Consolidated Financial Results Revenues % of revenue % of revenue FY2021 Results FY2020 Results YOY Apr. 2021 Mar. 2022 Apr. 2020 Mar. 2021 226.34 213.00 +6.3% +13.33 Unit: (JPY) billion YoY Year over year comparison % of revenue FY2021 Targets YOY (Revised in Nov. 2021) Apr. 2021 Mar. 2022 228.5 +7.3% +15.50 77.2% 81.1% 78.2% Cost of Revenues 174.71 172.72 +1.2% +1.99 178.7 +3.5% +5.98 22.8% 18.9% 21.8% Gross Profit 51.63 40.28 +28.2% +11.35 49.8 +23.6% +9.52 12.4% 12.2% 12.2% SG&A etc. 28.08 26.03 +7.9% +2.05 10.4% 6.7% Operating Profit 23.55 14.25 +65.3% +9.30 27.8 +6.8% +1.77 9.6% 22.0 +54.4% +7.75 10.7% 6.6% Profit before tax 24.16 14.03 +72.2% +10.13 6.9% 4.6% Net Profit 15.67 9.71 +61.4% +5.96 SG&A etc. represents the sum of SG&A, which includes R&D expenses, and other income/expenses Net profit is "Profit for the period/year attributable to owners of the parent" O Internet Initiative Japan Inc. 9.4% 21.5 +53.2% +7.47 6.0% 13.7 +41.1% +3.99 4
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