View ValuationInternet Initiative Japan 将来の成長Future 基準チェック /26Internet Initiative Japan利益と収益がそれぞれ年間9.4%と8.1%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に15.7% 9.4%なると予測されています。主要情報9.4%収益成長率9.35%EPS成長率Telecom 収益成長19.9%収益成長率8.1%将来の株主資本利益率15.70%アナリストカバレッジGood最終更新日30 Jun 2026今後の成長に関する最新情報お知らせ • Aug 09+ 2 more updatesInternet Initiative Japan Inc. Provides Consolidated Earnings Guidance for the Interim Period Ending September 30, 2023 and Fiscal Year Ending March 31, 2024Internet Initiative Japan Inc. provides earnings guidance for the interim period ending September 30, 2023 and fiscal year ending March 31, 2024. For the interim period, the company expects revenues of JPY 138,000 millions, Operating profit of JPY 13,400 millions, Profit for the year attributable to owners of the parent of JPY 8,850 millions and Basic earnings per share of JPY 49.74.For the fiscal year, the company expects revenues of JPY 286,000 millions, Operating profit of JPY 31,500 millions, Profit for the year attributable to owners of the parent of JPY 20,720 millions and Basic earnings per share of JPY 116.82.すべての更新を表示Recent updatesBuy Or Sell Opportunity • Jul 09Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 39% to €18.80. The fair value is estimated to be €15.66, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 9.2%. For the next 3 years, revenue is forecast to grow by 8.1% per annum. Earnings are also forecast to grow by 9.4% per annum over the same time period.お知らせ • Jun 23Internet Initiative Japan Inc. to Report Q1, 2027 Results on Aug 07, 2026Internet Initiative Japan Inc. announced that they will report Q1, 2027 results at 12:00 PM, Tokyo Standard Time on Aug 07, 2026Reported Earnings • May 20Full year 2026 earnings released: EPS: JP¥137 (vs JP¥113 in FY 2025)Full year 2026 results: EPS: JP¥137 (up from JP¥113 in FY 2025). Revenue: JP¥345.4b (up 9.0% from FY 2025). Net income: JP¥24.2b (up 21% from FY 2025). Profit margin: 7.0% (up from 6.3% in FY 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • May 14Internet Initiative Japan Inc., Annual General Meeting, Jun 26, 2026Internet Initiative Japan Inc., Annual General Meeting, Jun 26, 2026.お知らせ • Mar 11Internet Initiative Japan Inc. to Report Fiscal Year 2026 Results on May 14, 2026Internet Initiative Japan Inc. announced that they will report fiscal year 2026 results at 12:00 PM, Tokyo Standard Time on May 14, 2026お知らせ • Dec 08Internet Initiative Japan Inc. to Report Q3, 2026 Results on Feb 06, 2026Internet Initiative Japan Inc. announced that they will report Q3, 2026 results at 12:00 PM, Tokyo Standard Time on Feb 06, 2026お知らせ • Sep 10Internet Initiative Japan Inc. to Report Q2, 2026 Results on Nov 07, 2025Internet Initiative Japan Inc. announced that they will report Q2, 2026 results at 12:00 PM, Tokyo Standard Time on Nov 07, 2025お知らせ • Jun 12Internet Initiative Japan Inc. to Report Q1, 2026 Results on Aug 07, 2025Internet Initiative Japan Inc. announced that they will report Q1, 2026 results at 12:00 PM, Tokyo Standard Time on Aug 07, 2025お知らせ • May 13Internet Initiative Japan Inc., Annual General Meeting, Jun 26, 2025Internet Initiative Japan Inc., Annual General Meeting, Jun 26, 2025.お知らせ • Mar 10Internet Initiative Japan Inc. to Report Fiscal Year 2025 Results on May 13, 2025Internet Initiative Japan Inc. announced that they will report fiscal year 2025 results at 12:00 PM, Tokyo Standard Time on May 13, 2025お知らせ • Jan 11+ 1 more updateInternet Initiative Japan Inc. Announces Management ChangesInternet Initiative Japan (IIJ) has appointed Yasuhiko Taniwaki as president and COO. Departing Eijiro Katsu is scheduled to resign from his position as the member of the board at the conclusion of the ordinary general meeting to be held on 26 June 2025, and to be appointed as special advisor.Declared Dividend • Dec 30First half dividend of JP¥17.50 announcedShareholders will receive a dividend of JP¥17.50. Ex-date: 28th March 2025 Payment date: 30th June 2025 Dividend yield will be 97%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 54% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Board Change • Dec 30Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent Outside Director Kaori Tonosu was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Dec 09Internet Initiative Japan Inc. to Report Q3, 2025 Results on Feb 07, 2025Internet Initiative Japan Inc. announced that they will report Q3, 2025 results at 12:00 PM, Tokyo Standard Time on Feb 07, 2025Reported Earnings • Nov 10Second quarter 2025 earnings released: EPS: JP¥23.46 (vs JP¥26.80 in 2Q 2024)Second quarter 2025 results: EPS: JP¥23.46 (down from JP¥26.80 in 2Q 2024). Revenue: JP¥75.0b (up 12% from 2Q 2024). Net income: JP¥4.15b (down 12% from 2Q 2024). Profit margin: 5.5% (down from 7.1% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Upcoming Dividend • Sep 20Upcoming dividend of JP¥17.50 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.8%).お知らせ • Sep 07Internet Initiative Japan Inc. to Report Q2, 2025 Results on Nov 08, 2024Internet Initiative Japan Inc. announced that they will report Q2, 2025 results on Nov 08, 2024Reported Earnings • Aug 09First quarter 2025 earnings released: EPS: JP¥18.78 (vs JP¥20.01 in 1Q 2024)First quarter 2025 results: EPS: JP¥18.78 (down from JP¥20.01 in 1Q 2024). Revenue: JP¥72.0b (up 17% from 1Q 2024). Net income: JP¥3.32b (down 7.3% from 1Q 2024). Profit margin: 4.6% (down from 5.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.New Risk • Aug 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Declared Dividend • Jul 11Final dividend of JP¥17.18 announcedShareholders will receive a dividend of JP¥17.18. Ex-date: 27th September 2024 Payment date: 9th December 2024 Dividend yield will be 119%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 39% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jun 13Internet Initiative Japan Inc. to Report Q1, 2025 Results on Aug 07, 2024Internet Initiative Japan Inc. announced that they will report Q1, 2025 results at 12:00 PM, Tokyo Standard Time on Aug 07, 2024Reported Earnings • May 13Full year 2024 earnings released: EPS: JP¥112 (vs JP¥104 in FY 2023)Full year 2024 results: EPS: JP¥112 (up from JP¥104 in FY 2023). Revenue: JP¥276.1b (up 9.2% from FY 2023). Net income: JP¥19.8b (up 5.3% from FY 2023). Profit margin: 7.2% (down from 7.5% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 14% per year.お知らせ • May 12Internet Initiative Japan Inc., Annual General Meeting, Jun 27, 2024Internet Initiative Japan Inc., Annual General Meeting, Jun 27, 2024.Upcoming Dividend • Mar 21Upcoming dividend of JP¥17.18 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (3.3%).お知らせ • Mar 11Internet Initiative Japan Inc. to Report Fiscal Year 2024 Results on May 10, 2024Internet Initiative Japan Inc. announced that they will report fiscal year 2024 results at 12:00 PM, Tokyo Standard Time on May 10, 2024Reported Earnings • Feb 09Third quarter 2024 earnings released: EPS: JP¥26.34 (vs JP¥23.33 in 3Q 2023)Third quarter 2024 results: EPS: JP¥26.34 (up from JP¥23.33 in 3Q 2023). Revenue: JP¥72.9b (up 15% from 3Q 2023). Net income: JP¥4.66b (up 11% from 3Q 2023). Profit margin: 6.4% (down from 6.7% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 25% per year.お知らせ • Dec 08Internet Initiative Japan Inc. to Report Q3, 2024 Results on Feb 07, 2024Internet Initiative Japan Inc. announced that they will report Q3, 2024 results at 12:00 PM, Tokyo Standard Time on Feb 07, 2024Reported Earnings • Nov 08Second quarter 2024 earnings released: EPS: JP¥26.80 (vs JP¥23.51 in 2Q 2023)Second quarter 2024 results: EPS: JP¥26.80 (up from JP¥23.51 in 2Q 2023). Revenue: JP¥66.8b (up 4.7% from 2Q 2023). Net income: JP¥4.74b (up 12% from 2Q 2023). Profit margin: 7.1% (up from 6.7% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Sep 21Upcoming dividend of JP¥17.18 per share at 1.4% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.0%).お知らせ • Sep 06Internet Initiative Japan Inc. to Report Q2, 2024 Results on Nov 06, 2023Internet Initiative Japan Inc. announced that they will report Q2, 2024 results at 12:00 PM, Tokyo Standard Time on Nov 06, 2023Reported Earnings • Aug 09First quarter 2024 earnings released: EPS: JP¥20.01 (vs JP¥24.31 in 1Q 2023)First quarter 2024 results: EPS: JP¥20.01 (down from JP¥24.31 in 1Q 2023). Revenue: JP¥61.4b (up 5.6% from 1Q 2023). Net income: JP¥3.58b (down 18% from 1Q 2023). Profit margin: 5.8% (down from 7.5% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 09+ 2 more updatesInternet Initiative Japan Inc. Provides Consolidated Earnings Guidance for the Interim Period Ending September 30, 2023 and Fiscal Year Ending March 31, 2024Internet Initiative Japan Inc. provides earnings guidance for the interim period ending September 30, 2023 and fiscal year ending March 31, 2024. For the interim period, the company expects revenues of JPY 138,000 millions, Operating profit of JPY 13,400 millions, Profit for the year attributable to owners of the parent of JPY 8,850 millions and Basic earnings per share of JPY 49.74.For the fiscal year, the company expects revenues of JPY 286,000 millions, Operating profit of JPY 31,500 millions, Profit for the year attributable to owners of the parent of JPY 20,720 millions and Basic earnings per share of JPY 116.82.お知らせ • Jun 18Internet Initiative Japan Inc. to Report Q1, 2024 Results on Aug 08, 2023Internet Initiative Japan Inc. announced that they will report Q1, 2024 results at 12:00 PM, Tokyo Standard Time on Aug 08, 2023お知らせ • May 20Internet Initiative Japan Inc. (TSE:3774) announces an Equity Buyback for 4,320,000 shares, representing 2.39% for ¥12,536.64 million.Internet Initiative Japan Inc. (TSE:3774) announces a share repurchase program. Under the program, the company will repurchase up to 4,320,000 shares, representing 2.39% of its issued share capital (excluding treasury stock), for a total purchase price of ¥12,536.64 million. The shares will be repurchased at a price of ¥2,902 per share. The purpose of the program is to improve the capital efficiency and enhance shareholder returns. As of May 18, 2023, the company has 180,697,868 issued shares (excluding treasury stock) and has 6,371,732 treasury shares.Reported Earnings • May 17Full year 2023 earnings released: EPS: JP¥104 (vs JP¥86.78 in FY 2022)Full year 2023 results: EPS: JP¥104 (up from JP¥86.78 in FY 2022). Revenue: JP¥252.7b (up 12% from FY 2022). Net income: JP¥18.8b (up 20% from FY 2022). Profit margin: 7.5% (up from 6.9% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.お知らせ • May 12Internet Initiative Japan Inc., Annual General Meeting, Jun 28, 2023Internet Initiative Japan Inc., Annual General Meeting, Jun 28, 2023.Upcoming Dividend • Mar 23Upcoming dividend of JP¥14.63 per share at 1.1% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.2%).Reported Earnings • Feb 09Third quarter 2023 earnings released: EPS: JP¥23.33 (vs JP¥25.63 in 3Q 2022)Third quarter 2023 results: EPS: JP¥23.33 (down from JP¥25.63 in 3Q 2022). Revenue: JP¥63.4b (up 12% from 3Q 2022). Net income: JP¥4.22b (down 8.9% from 3Q 2022). Profit margin: 6.7% (down from 8.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.お知らせ • Dec 21Internet Initiative Japan Inc. to Report Q3, 2023 Results on Feb 08, 2023Internet Initiative Japan Inc. announced that they will report Q3, 2023 results at 12:00 PM, Tokyo Standard Time on Feb 08, 2023Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥143,021 (vs JP¥18.74 in 2Q 2022)Second quarter 2023 results: EPS: JP¥143,021 (up from JP¥18.74 in 2Q 2022). Revenue: JP¥63.8b (up 14% from 2Q 2022). Net income: JP¥4.25b (up 26% from 2Q 2022). Profit margin: 6.7% (up from 6.0% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 47% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 09Second quarter 2023 earnings released: EPS: JP¥142,987 (vs JP¥18.74 in 2Q 2022)Second quarter 2023 results: EPS: JP¥142,987 (up from JP¥18.74 in 2Q 2022). Revenue: JP¥63.8b (up 14% from 2Q 2022). Net income: JP¥4.25b (up 26% from 2Q 2022). Profit margin: 6.7% (up from 6.0% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Sep 22Upcoming dividend of JP¥29.25 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (3.5%).Reported Earnings • Aug 07First quarter 2023 earnings released: EPS: JP¥48.62 (vs JP¥38.85 in 1Q 2022)First quarter 2023 results: EPS: JP¥48.62 (up from JP¥38.85 in 1Q 2022). Revenue: JP¥58.2b (up 9.8% from 1Q 2022). Net income: JP¥4.39b (up 25% from 1Q 2022). Profit margin: 7.5% (up from 6.6% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 9.9%, compared to a 1.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 56% per year and the company’s share price has also increased by 56% per year.Board Change • May 28No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 6 highly experienced directors. No independent directors (11 non-independent directors). Company Auditor Masako Tanaka was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • May 16Full year 2022 earnings released: EPS: JP¥174 (vs JP¥108 in FY 2021)Full year 2022 results: EPS: JP¥174 (up from JP¥108 in FY 2021). Revenue: JP¥226.3b (up 6.3% from FY 2021). Net income: JP¥15.7b (up 61% from FY 2021). Profit margin: 6.9% (up from 4.6% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.0%, compared to a 1.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 57% per year whereas the company’s share price has increased by 54% per year.Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 6 highly experienced directors. No independent directors (11 non-independent directors). Company Auditor Masako Tanaka was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Upcoming Dividend • Mar 23Upcoming dividend of JP¥23.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (3.6%).Reported Earnings • Feb 09Third quarter 2022 earnings: EPS in line with expectations, revenues disappointThird quarter 2022 results: EPS: JP¥51.27 (up from JP¥34.43 in 3Q 2021). Revenue: JP¥56.5b (up 3.9% from 3Q 2021). Net income: JP¥4.63b (up 49% from 3Q 2021). Profit margin: 8.2% (up from 5.7% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.9%. Over the next year, revenue is forecast to grow 8.2%, compared to a 2.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 06Second quarter 2022 earnings released: EPS JP¥37.48 (vs JP¥18.33 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥56.1b (up 9.3% from 2Q 2021). Net income: JP¥3.39b (up 105% from 2Q 2021). Profit margin: 6.0% (up from 3.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Sep 22Upcoming dividend of JP¥19.50 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 04 December 2021. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.4%).Valuation Update With 7 Day Price Move • Sep 13Investor sentiment improved over the past weekAfter last week's 15% share price gain to €33.00, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 17x in the Telecom industry in Europe. Total returns to shareholders of 300% over the past three years.Valuation Update With 7 Day Price Move • May 27Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥22.80, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 16x in the Telecom industry in Europe. Total returns to shareholders of 176% over the past three years.Reported Earnings • May 14Full year 2021 earnings released: EPS JP¥108 (vs JP¥44.43 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥213.0b (up 4.2% from FY 2020). Net income: JP¥9.71b (up 142% from FY 2020). Profit margin: 4.6% (up from 2.0% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.業績と収益の成長予測DB:I6I - アナリストの将来予測と過去の財務データ ( )JPY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/2029454,09431,89322,95755,03273/31/2028414,69029,37919,99551,394103/31/2027383,55526,0978,76633,62093/31/2026345,39524,18821,97250,460N/A12/31/2025336,85122,413N/AN/AN/A9/30/2025331,71922,49219,23241,379N/A6/30/2025321,63120,393N/AN/AN/A3/31/2025316,83119,9338,41328,528N/A12/31/2024304,29020,641N/AN/AN/A9/30/2024294,90418,98215,79635,256N/A6/30/2024286,67619,57015,05333,746N/A3/31/2024276,08019,83122,46140,780N/A12/31/2023268,46718,96322,03938,802N/A9/30/2023258,94418,52222,63641,123N/A6/30/2023255,93818,03018,06138,690N/A3/31/2023252,70818,83821,27138,529N/A12/31/2022246,07517,00523,60840,516N/A9/30/2022239,24417,41925,13638,164N/A6/30/2022231,55116,55730,43240,774N/A3/31/2022226,33515,67232,05543,572N/A12/31/2021222,53015,35628,26739,515N/A9/30/2021220,39013,83326,14437,911N/A6/30/2021215,59712,10124,64836,562N/A3/31/2021213,0019,71129,58240,544N/A12/31/2020209,8556,52929,90839,741N/A9/30/2020206,9185,01931,35741,498N/A6/30/2020205,0234,34629,59439,779N/A3/31/2020204,4734,00621,82833,393N/A12/31/2019203,7375,574N/A33,089N/A9/30/2019200,6873,294N/A25,690N/A6/30/2019197,5544,046N/A24,061N/A3/31/2019192,4303,520N/A25,152N/A12/31/2018187,8213,721N/A22,080N/A9/30/2018184,0255,604N/A20,015N/A6/30/2018179,7924,653N/A16,365N/A3/31/2018176,0515,109N/A13,262N/A12/31/2017171,7993,944N/A11,257N/A9/30/2017166,6543,547N/A9,398N/A6/30/2017162,5733,344N/A10,722N/A3/31/2017157,7893,167N/A7,368N/A12/31/2016154,8683,376N/A8,648N/A9/30/2016149,4383,493N/A10,044N/A6/30/2016145,3643,846N/A9,438N/A3/31/2016140,6484,038N/A12,052N/A12/31/2015134,5863,581N/A10,712N/A9/30/2015131,2113,530N/A13,648N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: I6Iの予測収益成長率 (年間9.4% ) は 貯蓄率 ( 1.9% ) を上回っています。収益対市場: I6Iの収益 ( 9.4% ) German市場 ( 16.9% ) よりも低い成長が予測されています。高成長収益: I6Iの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: I6Iの収益 ( 8.1% ) German市場 ( 6.7% ) よりも速いペースで成長すると予測されています。高い収益成長: I6Iの収益 ( 8.1% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: I6Iの 自己資本利益率 は、3年後には低くなると予測されています ( 15.7 %)。成長企業の発掘7D1Y7D1Y7D1YTelecom 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/10 11:57終値2026/07/10 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Internet Initiative Japan Inc. 10 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。18 アナリスト機関Kirk BoodryAstris Advisory Japan, K.K.Hiroyasu EguchiBofA Global ResearchMoriya KoketsuCitigroup Inc15 その他のアナリストを表示
お知らせ • Aug 09+ 2 more updatesInternet Initiative Japan Inc. Provides Consolidated Earnings Guidance for the Interim Period Ending September 30, 2023 and Fiscal Year Ending March 31, 2024Internet Initiative Japan Inc. provides earnings guidance for the interim period ending September 30, 2023 and fiscal year ending March 31, 2024. For the interim period, the company expects revenues of JPY 138,000 millions, Operating profit of JPY 13,400 millions, Profit for the year attributable to owners of the parent of JPY 8,850 millions and Basic earnings per share of JPY 49.74.For the fiscal year, the company expects revenues of JPY 286,000 millions, Operating profit of JPY 31,500 millions, Profit for the year attributable to owners of the parent of JPY 20,720 millions and Basic earnings per share of JPY 116.82.
Buy Or Sell Opportunity • Jul 09Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 39% to €18.80. The fair value is estimated to be €15.66, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 9.2%. For the next 3 years, revenue is forecast to grow by 8.1% per annum. Earnings are also forecast to grow by 9.4% per annum over the same time period.
お知らせ • Jun 23Internet Initiative Japan Inc. to Report Q1, 2027 Results on Aug 07, 2026Internet Initiative Japan Inc. announced that they will report Q1, 2027 results at 12:00 PM, Tokyo Standard Time on Aug 07, 2026
Reported Earnings • May 20Full year 2026 earnings released: EPS: JP¥137 (vs JP¥113 in FY 2025)Full year 2026 results: EPS: JP¥137 (up from JP¥113 in FY 2025). Revenue: JP¥345.4b (up 9.0% from FY 2025). Net income: JP¥24.2b (up 21% from FY 2025). Profit margin: 7.0% (up from 6.3% in FY 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • May 14Internet Initiative Japan Inc., Annual General Meeting, Jun 26, 2026Internet Initiative Japan Inc., Annual General Meeting, Jun 26, 2026.
お知らせ • Mar 11Internet Initiative Japan Inc. to Report Fiscal Year 2026 Results on May 14, 2026Internet Initiative Japan Inc. announced that they will report fiscal year 2026 results at 12:00 PM, Tokyo Standard Time on May 14, 2026
お知らせ • Dec 08Internet Initiative Japan Inc. to Report Q3, 2026 Results on Feb 06, 2026Internet Initiative Japan Inc. announced that they will report Q3, 2026 results at 12:00 PM, Tokyo Standard Time on Feb 06, 2026
お知らせ • Sep 10Internet Initiative Japan Inc. to Report Q2, 2026 Results on Nov 07, 2025Internet Initiative Japan Inc. announced that they will report Q2, 2026 results at 12:00 PM, Tokyo Standard Time on Nov 07, 2025
お知らせ • Jun 12Internet Initiative Japan Inc. to Report Q1, 2026 Results on Aug 07, 2025Internet Initiative Japan Inc. announced that they will report Q1, 2026 results at 12:00 PM, Tokyo Standard Time on Aug 07, 2025
お知らせ • May 13Internet Initiative Japan Inc., Annual General Meeting, Jun 26, 2025Internet Initiative Japan Inc., Annual General Meeting, Jun 26, 2025.
お知らせ • Mar 10Internet Initiative Japan Inc. to Report Fiscal Year 2025 Results on May 13, 2025Internet Initiative Japan Inc. announced that they will report fiscal year 2025 results at 12:00 PM, Tokyo Standard Time on May 13, 2025
お知らせ • Jan 11+ 1 more updateInternet Initiative Japan Inc. Announces Management ChangesInternet Initiative Japan (IIJ) has appointed Yasuhiko Taniwaki as president and COO. Departing Eijiro Katsu is scheduled to resign from his position as the member of the board at the conclusion of the ordinary general meeting to be held on 26 June 2025, and to be appointed as special advisor.
Declared Dividend • Dec 30First half dividend of JP¥17.50 announcedShareholders will receive a dividend of JP¥17.50. Ex-date: 28th March 2025 Payment date: 30th June 2025 Dividend yield will be 97%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 54% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Board Change • Dec 30Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent Outside Director Kaori Tonosu was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Dec 09Internet Initiative Japan Inc. to Report Q3, 2025 Results on Feb 07, 2025Internet Initiative Japan Inc. announced that they will report Q3, 2025 results at 12:00 PM, Tokyo Standard Time on Feb 07, 2025
Reported Earnings • Nov 10Second quarter 2025 earnings released: EPS: JP¥23.46 (vs JP¥26.80 in 2Q 2024)Second quarter 2025 results: EPS: JP¥23.46 (down from JP¥26.80 in 2Q 2024). Revenue: JP¥75.0b (up 12% from 2Q 2024). Net income: JP¥4.15b (down 12% from 2Q 2024). Profit margin: 5.5% (down from 7.1% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥17.50 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.8%).
お知らせ • Sep 07Internet Initiative Japan Inc. to Report Q2, 2025 Results on Nov 08, 2024Internet Initiative Japan Inc. announced that they will report Q2, 2025 results on Nov 08, 2024
Reported Earnings • Aug 09First quarter 2025 earnings released: EPS: JP¥18.78 (vs JP¥20.01 in 1Q 2024)First quarter 2025 results: EPS: JP¥18.78 (down from JP¥20.01 in 1Q 2024). Revenue: JP¥72.0b (up 17% from 1Q 2024). Net income: JP¥3.32b (down 7.3% from 1Q 2024). Profit margin: 4.6% (down from 5.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
New Risk • Aug 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Declared Dividend • Jul 11Final dividend of JP¥17.18 announcedShareholders will receive a dividend of JP¥17.18. Ex-date: 27th September 2024 Payment date: 9th December 2024 Dividend yield will be 119%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 39% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jun 13Internet Initiative Japan Inc. to Report Q1, 2025 Results on Aug 07, 2024Internet Initiative Japan Inc. announced that they will report Q1, 2025 results at 12:00 PM, Tokyo Standard Time on Aug 07, 2024
Reported Earnings • May 13Full year 2024 earnings released: EPS: JP¥112 (vs JP¥104 in FY 2023)Full year 2024 results: EPS: JP¥112 (up from JP¥104 in FY 2023). Revenue: JP¥276.1b (up 9.2% from FY 2023). Net income: JP¥19.8b (up 5.3% from FY 2023). Profit margin: 7.2% (down from 7.5% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 14% per year.
お知らせ • May 12Internet Initiative Japan Inc., Annual General Meeting, Jun 27, 2024Internet Initiative Japan Inc., Annual General Meeting, Jun 27, 2024.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥17.18 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (3.3%).
お知らせ • Mar 11Internet Initiative Japan Inc. to Report Fiscal Year 2024 Results on May 10, 2024Internet Initiative Japan Inc. announced that they will report fiscal year 2024 results at 12:00 PM, Tokyo Standard Time on May 10, 2024
Reported Earnings • Feb 09Third quarter 2024 earnings released: EPS: JP¥26.34 (vs JP¥23.33 in 3Q 2023)Third quarter 2024 results: EPS: JP¥26.34 (up from JP¥23.33 in 3Q 2023). Revenue: JP¥72.9b (up 15% from 3Q 2023). Net income: JP¥4.66b (up 11% from 3Q 2023). Profit margin: 6.4% (down from 6.7% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 25% per year.
お知らせ • Dec 08Internet Initiative Japan Inc. to Report Q3, 2024 Results on Feb 07, 2024Internet Initiative Japan Inc. announced that they will report Q3, 2024 results at 12:00 PM, Tokyo Standard Time on Feb 07, 2024
Reported Earnings • Nov 08Second quarter 2024 earnings released: EPS: JP¥26.80 (vs JP¥23.51 in 2Q 2023)Second quarter 2024 results: EPS: JP¥26.80 (up from JP¥23.51 in 2Q 2023). Revenue: JP¥66.8b (up 4.7% from 2Q 2023). Net income: JP¥4.74b (up 12% from 2Q 2023). Profit margin: 7.1% (up from 6.7% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥17.18 per share at 1.4% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.0%).
お知らせ • Sep 06Internet Initiative Japan Inc. to Report Q2, 2024 Results on Nov 06, 2023Internet Initiative Japan Inc. announced that they will report Q2, 2024 results at 12:00 PM, Tokyo Standard Time on Nov 06, 2023
Reported Earnings • Aug 09First quarter 2024 earnings released: EPS: JP¥20.01 (vs JP¥24.31 in 1Q 2023)First quarter 2024 results: EPS: JP¥20.01 (down from JP¥24.31 in 1Q 2023). Revenue: JP¥61.4b (up 5.6% from 1Q 2023). Net income: JP¥3.58b (down 18% from 1Q 2023). Profit margin: 5.8% (down from 7.5% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 09+ 2 more updatesInternet Initiative Japan Inc. Provides Consolidated Earnings Guidance for the Interim Period Ending September 30, 2023 and Fiscal Year Ending March 31, 2024Internet Initiative Japan Inc. provides earnings guidance for the interim period ending September 30, 2023 and fiscal year ending March 31, 2024. For the interim period, the company expects revenues of JPY 138,000 millions, Operating profit of JPY 13,400 millions, Profit for the year attributable to owners of the parent of JPY 8,850 millions and Basic earnings per share of JPY 49.74.For the fiscal year, the company expects revenues of JPY 286,000 millions, Operating profit of JPY 31,500 millions, Profit for the year attributable to owners of the parent of JPY 20,720 millions and Basic earnings per share of JPY 116.82.
お知らせ • Jun 18Internet Initiative Japan Inc. to Report Q1, 2024 Results on Aug 08, 2023Internet Initiative Japan Inc. announced that they will report Q1, 2024 results at 12:00 PM, Tokyo Standard Time on Aug 08, 2023
お知らせ • May 20Internet Initiative Japan Inc. (TSE:3774) announces an Equity Buyback for 4,320,000 shares, representing 2.39% for ¥12,536.64 million.Internet Initiative Japan Inc. (TSE:3774) announces a share repurchase program. Under the program, the company will repurchase up to 4,320,000 shares, representing 2.39% of its issued share capital (excluding treasury stock), for a total purchase price of ¥12,536.64 million. The shares will be repurchased at a price of ¥2,902 per share. The purpose of the program is to improve the capital efficiency and enhance shareholder returns. As of May 18, 2023, the company has 180,697,868 issued shares (excluding treasury stock) and has 6,371,732 treasury shares.
Reported Earnings • May 17Full year 2023 earnings released: EPS: JP¥104 (vs JP¥86.78 in FY 2022)Full year 2023 results: EPS: JP¥104 (up from JP¥86.78 in FY 2022). Revenue: JP¥252.7b (up 12% from FY 2022). Net income: JP¥18.8b (up 20% from FY 2022). Profit margin: 7.5% (up from 6.9% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.
お知らせ • May 12Internet Initiative Japan Inc., Annual General Meeting, Jun 28, 2023Internet Initiative Japan Inc., Annual General Meeting, Jun 28, 2023.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥14.63 per share at 1.1% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.2%).
Reported Earnings • Feb 09Third quarter 2023 earnings released: EPS: JP¥23.33 (vs JP¥25.63 in 3Q 2022)Third quarter 2023 results: EPS: JP¥23.33 (down from JP¥25.63 in 3Q 2022). Revenue: JP¥63.4b (up 12% from 3Q 2022). Net income: JP¥4.22b (down 8.9% from 3Q 2022). Profit margin: 6.7% (down from 8.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.
お知らせ • Dec 21Internet Initiative Japan Inc. to Report Q3, 2023 Results on Feb 08, 2023Internet Initiative Japan Inc. announced that they will report Q3, 2023 results at 12:00 PM, Tokyo Standard Time on Feb 08, 2023
Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: JP¥143,021 (vs JP¥18.74 in 2Q 2022)Second quarter 2023 results: EPS: JP¥143,021 (up from JP¥18.74 in 2Q 2022). Revenue: JP¥63.8b (up 14% from 2Q 2022). Net income: JP¥4.25b (up 26% from 2Q 2022). Profit margin: 6.7% (up from 6.0% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 47% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 09Second quarter 2023 earnings released: EPS: JP¥142,987 (vs JP¥18.74 in 2Q 2022)Second quarter 2023 results: EPS: JP¥142,987 (up from JP¥18.74 in 2Q 2022). Revenue: JP¥63.8b (up 14% from 2Q 2022). Net income: JP¥4.25b (up 26% from 2Q 2022). Profit margin: 6.7% (up from 6.0% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥29.25 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 05 December 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (3.5%).
Reported Earnings • Aug 07First quarter 2023 earnings released: EPS: JP¥48.62 (vs JP¥38.85 in 1Q 2022)First quarter 2023 results: EPS: JP¥48.62 (up from JP¥38.85 in 1Q 2022). Revenue: JP¥58.2b (up 9.8% from 1Q 2022). Net income: JP¥4.39b (up 25% from 1Q 2022). Profit margin: 7.5% (up from 6.6% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 9.9%, compared to a 1.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 56% per year and the company’s share price has also increased by 56% per year.
Board Change • May 28No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 6 highly experienced directors. No independent directors (11 non-independent directors). Company Auditor Masako Tanaka was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • May 16Full year 2022 earnings released: EPS: JP¥174 (vs JP¥108 in FY 2021)Full year 2022 results: EPS: JP¥174 (up from JP¥108 in FY 2021). Revenue: JP¥226.3b (up 6.3% from FY 2021). Net income: JP¥15.7b (up 61% from FY 2021). Profit margin: 6.9% (up from 4.6% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.0%, compared to a 1.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 57% per year whereas the company’s share price has increased by 54% per year.
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 6 highly experienced directors. No independent directors (11 non-independent directors). Company Auditor Masako Tanaka was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥23.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (3.6%).
Reported Earnings • Feb 09Third quarter 2022 earnings: EPS in line with expectations, revenues disappointThird quarter 2022 results: EPS: JP¥51.27 (up from JP¥34.43 in 3Q 2021). Revenue: JP¥56.5b (up 3.9% from 3Q 2021). Net income: JP¥4.63b (up 49% from 3Q 2021). Profit margin: 8.2% (up from 5.7% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.9%. Over the next year, revenue is forecast to grow 8.2%, compared to a 2.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 06Second quarter 2022 earnings released: EPS JP¥37.48 (vs JP¥18.33 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥56.1b (up 9.3% from 2Q 2021). Net income: JP¥3.39b (up 105% from 2Q 2021). Profit margin: 6.0% (up from 3.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥19.50 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 04 December 2021. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.4%).
Valuation Update With 7 Day Price Move • Sep 13Investor sentiment improved over the past weekAfter last week's 15% share price gain to €33.00, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 17x in the Telecom industry in Europe. Total returns to shareholders of 300% over the past three years.
Valuation Update With 7 Day Price Move • May 27Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥22.80, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 16x in the Telecom industry in Europe. Total returns to shareholders of 176% over the past three years.
Reported Earnings • May 14Full year 2021 earnings released: EPS JP¥108 (vs JP¥44.43 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥213.0b (up 4.2% from FY 2020). Net income: JP¥9.71b (up 142% from FY 2020). Profit margin: 4.6% (up from 2.0% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.