Internet Initiative Japan Inc. (3774) Stock Price

Market cap
¥464.4B
P/E ratio
19.5x
Internet Initiative Japan provides internet services, cloud computing, and system integration to corporations and government agencies, while also operating ATM networks through its subsidiary.

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Business Overview

Internet Initiative Japan is an Internet Service Provider (ISP) established in 1992 that has expanded into various internet-related businesses as the market has grown. The company provides reliable, high-value network services to corporations and government agencies.

Internet Initiative Japan's business is divided into two main segments. The first is "Network Services and System Integration," which includes corporate internet connection services, outsourcing services, WAN services, system integration, and equipment sales. The second is the "ATM Operations Business" operated by its consolidated subsidiary, Trust Networks Inc.

In network services, the company provides diverse internet connection services for corporations and operates mobile data communication services such as "IIJ mio Service" for individual consumers. As outsourcing services, it offers security-related services, data center services, and cloud services.

In system integration, the company designs, develops, builds, and maintains network systems, providing solutions tailored to customer needs. In ATM operations, the company builds and operates banking ATM networks, generating revenue from transaction fees.

Internet Initiative Japan maintains offices domestically and internationally, providing global network services. The company is particularly focused on cloud computing services and mobile data communication services, developing new demand in the corporate market.

Management Policy

Internet Initiative Japan is guided by a management philosophy of leading innovation in internet technology and contributing to the development of a networked society. The company aims to advance network infrastructure through technological innovation, create new value through faster networks and computing, and pioneer the future of the digital society.

Under its medium-term management plan, the company targets revenue of 380 billion yen and operating profit of 46 billion yen by the fiscal year ending March 2027. Through these targets, the company seeks to expand business scale and improve profitability to achieve sustainable growth. Additionally, the company has established a medium to long-term vision targeting consolidated revenue of approximately 500 billion yen.

Internet Initiative Japan is strengthening its existing core business areas while actively pursuing new business domains. In particular, the company anticipates an increase in large-scale network construction projects in service integration and aims to drive revenue growth and improve profit margins. The company continues to reinforce its business foundation and prepare for the next phase of growth.

The company prioritizes the recruitment and development of talented personnel, providing a workplace environment where employees can thrive in pursuing technological innovation and social contribution. The company aims to build an organization where employees can autonomously demonstrate their capabilities and contribute to societal development, thereby enabling the company to experience growth as a business.

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