Consolidated Financial Results for FY2020 slide image

Consolidated Financial Results for FY2020

SG&A etc. Research & development expenses Commission expenses Others Personnel expenses ( ) % of total revenues FY19: 24,076 [+6.3%] Unit: (JPY) million Financials [ ], YoY =Year over year comparison Other than the left, we had ¥0.54 billion of expenses, as other income/expenses (net) in FY20 ⚫ FY20 other expenses include \0.64 billion due to disposal (FY19: ¥0.47 billion) FY20: 25,491 [+5.9%] 7,163 (11.4%) (12.6%) 6,042 5,859 5,780 6,396 (12.1%) (11.9%) (11.2%) (11.9%) 6,049 6,075 6,204 (12.0%) (11.8%) 139 125 103 96 111 110 112 1,164 113 995 833 1,043 895 880 850 829 2,993 2,388 2,596 2,450 2,422 2,430 2,596 2,474 2,446 2,446 2,407 2,680 2,584 2,727 2,663 2,867 1Q19 2019 3Q 19 4Q19 1Q20 2020 3020 4020 SG&A etc. in this slide shows the sum of SG&A which includes R&D expenses (not including other income/expenses) Research & development expenses only include the operational personnel cost of IIJ Innovation Institute Inc., consolidated subsidiary ➤ Commission expenses are mainly consumer sales commissions and recruitment expenses. No significant YoY increase under the consumer mobile situation ➤ Others decreased as traveling expenses (domestic and abroad), advertising expenses and others were small due to work style reform and expense control. As for 4Q20, advertising expenses for consumers increased ➤ 4Q20 SG&A etc. increased from 3Q20 as we had additional provision for bonus, sales promotion fees, M&A advisory fees, advertisement expenses and taxes and dues Internet Initiative Japan Inc. 46
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