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Investor Presentaiton

IV - 1. Service & Business Developments: Mobile & lot Subscriptions (unit: thousand) Subscription (Subs.) Unit: (JPY) billion (bn) Year over year comparison Quarter over quarter comparison %, YoY QoQ Enterprise mobile (deducting MVNE from IIJ Mobile) ➤ FY21 revenue: ¥10.26 bn (+¥2.45 bn YoY) 4Q21-end subs.: 1,374 thousand (+54 thousand QoQ) Growing by additional orders from the existing projects & continuously receiving new projects 1,374 1,320 1,218 Enterprise mobile 1,124 1,123 1,119 1,163 1,110 1,073 1,090 . MVNE 1,072 1,046 1,099 1,053 IlJmio 1,063 1,045 • 1,037 1,034 1,042 992 923 968 983 1,033 Revenue Revenues (unit: \billion) 11.84 11.74 11.81 12.13 10.58 10.44 9.66 10.03 Enterprise mobile 1.67 1.81 2.03 2.29 MVNE 2.34 2.50 2.74 2.68 4.37 IIJmio 4.18 3.97 4.20 2.85 2.60 2.17 2.48 5.80 5.75 5.81 5.63 5.39 5.35 4.81 4.81 Differentiate with Multi carriers, SoftSIM and other various forms of SIM Various usage: payment (vending machines etc.), marketing cameras, surveillance cameras (attached to helmets etc.), dashboard cameras, backup for WAN, GPS trackers (for kids safety etc.), remote control (close/open door keys etc.) remote work and many more MVNE (providing mobile services to other MVNOs) FY21 revenue: ¥10.09 bn (-¥6.62 bn YoY) Impacted by the decrease in purchasing unit charge and a large MVNE client switching to another operator due to M&A 4Q21-end subs.: 1,033 thousand (+50 thousand QoQ) 4Q21-end MVNE clients: 170 clients (+11 clients YoY) Cable TV operators (91 operators), prominent retailer etc. IlJmio(consumer) FY21 revenue: ¥20.37 bn (-¥2.63 bn YoY) 4Q21-end subs.: 1,090 thousand (+17 thousand QoQ) GigaPlans Subs. (unit: thousand) 462 Of which, new users 1Q-end 2Q-end 3Q-end 4Q-end 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 556 607 667 17% 30% 34% 38% FY20 FY21 Enterprise 7.81 (+29.6%) 10.26 (+31.4%) MVNE 16.72 (+0.9%) 10.09 (-39.6%) IlJmio 23.00 (-2.1%) 20.37 (-11.4%) Total 47.52 (+3.1%) 40.72 (-14.3%) FY21 full-MVNO revenue: \3.81 bn FY22 Outlook: total mobile revenue to decrease by ¥0.5 bn Enterprise: revenue & subs. to continuously & largely increase along with continuous accumulation of loT projects MVNE: Revenue per unit to decrease along with decrease in purchasing costs. The certain client's migration impact to continue IlJmio: Aim for larger than FY21 net addition subs. (56 thousand) (revenue recognition: 90% Enterprise mobile, 10% IIJmio) 18 O Internet Initiative Japan Inc.
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