Consolidated Financial Results for FY2020
Business through affiliated companies: FinTech Business (1)
Company Profile
Name
Est.
Capital
Directors
DeCurret Inc.
January 2018
JPY8.6 billion (including capital reserve)
President: Kazuhiro Tokita (from IIJ)
Part-time directors: IIJ CEO, IIJ COO, IIJ CFO
Equity in net loss related to DeCurret (unit: JPY million)
Crypto Asset Exchange Services (BtoC)
Growth
Strategy
First & new licensed service provider after the FSA
enacted registration process
Exchange various crypto assets (BTC, BCH, LTC, XRP, ETH)
✓ Highly reliable system, low bid-ask spread, and meeting
•
security requirement such as AML/KYC
Trading system leveraging the existing IIJ Raptor:
4Q19 1Q20
403
2Q20 3Q20 4Q20
306 273 207 193
\IIJ ownership: 4Q19 30.0%, from 1Q20 41.6%, from 1Q21 38.2% is
planned to be used to recognize gain and loss
Other than above, in 4Q20, gain on changes in equity of ¥349 million
arisen from the issuance of common stock is recognized
✓ Top share ASP FX (Foreign Exchange) system in Japan,
proving to 22 major Japanese financial institutions.
✓ Core-engine, dealing system, connecting multiple FX
exchanges, investor service platform, operator
management function etc.
Approx. 70% of DeCurret service system is leveraged
from the existing IIJ Raptor system
✓ Launched order book trading services from Apr. 2021
Digital Currency Settlement Platform Business (mainly BtoB)
Executing many and various PoCs with business
partners and shareholders
KDDI
Kansai Electric
Power
DAIDO LIFE
INSURANCE
TOYOTA SYSTEMS
Local governments
Automated digital currency
settlement
Automated settlement of P2P
electricity trading
Use digital currency for BtoB
transaction
Automated settlement for employee
benefit programs
Digital coupon systems
And many more
Active discussion with core players on how to set up
digital currency platform infrastructure in Japan
.
➤ Digital Currency Study Group: From June to September 2020
Members: Mega banks, Seven Bank, JR East, KDDI,
NTT Group, FSA, MIC, Bank of Japan, MOF, METI etc.
The Study Group developed into Digital Currency Forum
Members: the Study Group members and leading
companies from various industries
Internet Initiative Japan Inc.
Main discussion topics: examination of practicality of
digital currencies in each use case, requirement
definition, design, and development of common and
additional areas, identification of issues and solutions
for the actual operation of digital currencies, and
creation of standards
25View entire presentation