Investor Presentaiton
II - 8. SG&A
Research & development expenses
Commission expenses
Others
Personnel expenses
( ) % of total revenues
Unit: (JPY) million
[ ], YoY Year over year comparison
FY20: 25,491 [+5.9%]
6,049 6,075 6,204 7,163
(12.0%) (11.8%) (11.4%) (12.6%)
FY21: 27,969 [+9.7%]
7,083 6,707 6,704 7,476
(13.4%) (12.0%) (11.9%) (12.3%)
127
139
125
124
130
111
110
112 1,164 1,012
1,491
979
846
880
850
833
2,902
2,519 2,668
2,683
2,474 2,388 2,596 2,993
2,584
2,727 2,663 2,867
3,043
3,086
3,060
3,175
1Q20
2Q20
3Q20
4Q20
1Q21
2Q21
3Q21
4Q21
Other than as provided to the left, we had ¥0.11 billion
of expenses, as other income/expenses (net) in FY21
(FY20: ¥0.54 billion of expenses)
Of which, FY21 disposal loss on fixed assets was
¥0.22 billion (FY20: ¥0.64 billion)
➤ Research & development expenses mainly consist of
personnel expenses of IIJ Innovation Institute, a
wholly owned subsidiary
IIJ absorbed IIJ Innovation Institute on Apr. 1, 2022
Commission expenses are mainly consumer sales
commission and recruitment expenses. In 4Q21,
mobile marketing expenses increased due to a
seasonal factor
➤ FY21 Others slightly increased mainly due to
advertisements for consumer business
➤ PTC's SG&A etc. has been added from 1Q21
1Q: ¥0.09 billion, 2Q: ¥0.11 billion, 3Q: ¥0.12 billion,
4Q: 0.13 billion (FY21: ¥0.45 billion)
FY22 Outlook
Expect the YoY increase to become large mainly
due to enhanced recruitment and promotion
SG&A etc. in this slide shows the sum of SG&A which includes R&D expenses
(not including other income/expenses)
Internet Initiative Japan Inc.
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