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Investor Presentaiton

Unit: (JPY) billion (bn) GP=Gross Profit YoY Year over year comparison V. Financial Targets for FY22 (2) Revenues FY21 226.34 YoY change in NW services (excl. Mobile) revenues YoY change in Mobile revenues +23.66 YoY change in SI revenues YoY change in ATM operation business revenues FY22 target 250.0 . +12.1 Growth to accelerate with ongoing strong demands & large-scale network replacement projects (0.5) While enterprise mobile to largely increase, total mobile revenue to decrease due to migration to new and cheaper consumer plan (GigaPlans) etc. +12.2 (0.2) In addition to ongoing demands for network integration, expect large- scale integrated projects etc. to contribute to the revenue growth NW services (excl. Mobile) revenues are calculated by deducting the below mentioned Mobile services revenues from total NW services revenues. The revenues include non-mobile consumer revenue which is a small amount Mobile services revenues include IIJ Mobile Services (including MVNE) and IIJmio (consumer mobile) ARPU is an abbreviation for Average Revenue Per User Operating Profit FY21 23.55 +3.65 YoY change in YoY change NW services GP in SI GP YoY change in ATM operation business GP YoY change in FY22 target 27.2 SG&A etc. (0.1) +4.3 While mobile gross profit to be smaller than FY21, continuous accumulation of NW services (excluding Mobile) revenue is to structurally increase profit +2.1 Gross profit to increase as SI revenue volume to expand and gross margin to slightly improve SG&A etc. in this slide represents the sum of SG&A, which includes R&D expenses, and other income/expenses O Internet Initiative Japan Inc. +2.5 Increase due to enhanced recruitment & promotion 22
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