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Investor Presentaiton

Appendix Revenue Recognition Category Revenue category FY21 revenue About Unit: (JPY) billion Business Situation & Outlook Network services Internet connectivity services for enterprise Internet connectivity services for IP 13.68 37.91 23.38 consumers WAN 26.40 Mobile Mobile 20.35 20.37 Core service providing from the foundation Highly reliable dedicated connectivity services for enterprise (multi-carrier, redundancy etc.) Charge based on contracted bandwidth. Enterprises use the service for their main Internet line Enterprise mobile (loT usages etc.) MVNE (Proving to other MVNOs) 10.26 10.09 ➤ Inexpensive SIM services (mainly data), ➤ Direct sale (via IIJ web), Indirect sale (via sales partners such as retailers) Closed network used to connect multiple sites In-house developed Internet-related various service line- ups (Security, datacenter and remote access etc.) Outsourcing 40.52 Security 22.22 Public Cloud 2.87 Operation and Maintenance 59.96 SI Construction (including Equipment sales) 35.38 Operation and maintenance of constructed systems ➤ Promote cloud shift with our abundant, highly reliable, value-added private Cloud related service line-ups On-premise Systems 34.18 Private Cloud etc. 25.78 System construction related to office IT, security, Cloud, IoT. Internet-related construction such as Online banking & brokerage, backbone network for university, and E-commerce site Internet Initiative Japan Inc. Matured market (hard to entry) ➤ Blue-chip client base ➤ Expect the revenue to continuously increase along with traffic volume and contracted bandwidth increase from CDN ➤ Expect profitability and mobile infrastructure utilization to improve as we gather various traffic such as loT, enterprise, consumers Enterprise: Expect demand to increase in the mid-to-long term • Consumer: Net increase (subscription) with new consumer plan in competitive market Stable market for long-term ➤ Have been developing services based on Zero Trust concept ➤ Acquire enterprise demand by cross-selling services. Continuous service development is important Monthly Recurring Revenue ➤ Demands for security and remote access to 83.1% increase continuously Expect great business opportunity in the middle- to-long term as internal IT systems migrating to cloud Certain volume of systems to be converted to Cloud ➤ Revenue to increase continuously along with accumulation of construction projects Through providing SI, offer greater value as loT and cloud usage penetrate revenue One time 25
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