Consolidated Financial Results for FY2020
ATM Operation Business
Business Model
Similar to "Seven Bank" model
➤ Placing ATMs in Pachinko parlors in Japan
•
After long discussion, started to place in Kanto, Kansai, Kyushu and Tokai areas
• 9,630 Pachinko parlors in Japan as of December 31, 2019
(source: National Police Agency)
Receive commission for each withdrawal transaction
Appendix
Trust Networks Inc.
➤ In charge of ATM
operation business
➤IIJ's ownership: 80.6%
Established in 2007
Revenue and Operating Income
FY20: Revenue significantly decreased from FY19 as the stores we had placed
ATMs were closed temporally and fewer customers visited the stores due to the
COVID-19 pandemic and stay-at-home-order/request. We also had expected
impact from removal of certain number of ATMs which was not triggered by the
pandemic. The profit decrease during April and May were severe, as expected.
The stores started reopening from June.
For FY21, we expect same level of revenue and operating profit as FY20
FY16 and before: US-GAAP, FY17 and after: IFRS
Revenue
Operating Profit
Unit: JPY billion
FY14
FY15
FY16
FY17
FY18
FY19
FY20
COVID-19 pandemic etc.
3.9
4.1
4.0
4.2
4.1
3.6
2.9
0.9
1.1
1.2
1.5
1.6
1.6
0.8
O Internet Initiative Japan Inc.
Trust
Networks
銀行
ATM
61View entire presentation