View ValuationInternet Initiative Japan 향후 성장Future 기준 점검 2/6Internet Initiative Japan (는) 각각 연간 9.4% 및 8.1% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 9.4% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 15.7% 로 예상됩니다.핵심 정보9.4%이익 성장률9.35%EPS 성장률Telecom 이익 성장20.4%매출 성장률8.1%향후 자기자본이익률15.70%애널리스트 커버리지Good마지막 업데이트30 Jun 2026최근 향후 성장 업데이트공시 • 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.모든 업데이트 보기Recent updates공시 • 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.공시 • May 14Internet Initiative Japan Inc., Annual General Meeting, Jun 26, 2026Internet Initiative Japan Inc., Annual General Meeting, Jun 26, 2026.공시 • 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, 2026공시 • 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, 2026공시 • 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, 2025공시 • 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, 2025공시 • May 13Internet Initiative Japan Inc., Annual General Meeting, Jun 26, 2025Internet Initiative Japan Inc., Annual General Meeting, Jun 26, 2025.공시 • 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, 2025공시 • 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.공시 • 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%).공시 • 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.공시 • 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.공시 • 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%).공시 • 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.공시 • 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%).공시 • 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.공시 • 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.공시 • 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, 2023공시 • 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.공시 • 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.공시 • 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.이익 및 매출 성장 예측DB:I6I - 애널리스트 향후 추정치 및 과거 재무 데이터 (JPY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수3/31/2029454,09431,89322,95755,03273/31/2028414,69029,37919,99551,394103/31/2027383,55526,0978,76633,62093/31/2026345,39524,18821,97250,460N/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/A더 보기애널리스트 향후 성장 전망수입 대 저축률: I6I 의 연간 예상 수익 증가율(9.4%)이 saving rate(1.9%)보다 높습니다.수익 vs 시장: I6I 의 연간 수익(9.4%)이 German 시장(17.1%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: I6I 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: I6I 의 수익(연간 8.1%)이 German 시장(연간 6.7%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: I6I 의 수익(연간 8.1%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: I6I의 자본 수익률은 3년 후 15.7%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YTelecom 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/06 12:39종가2026/07/03 00:00수익2026/03/31연간 수익2026/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Internet Initiative Japan Inc.는 18명의 분석가가 다루고 있습니다. 이 중 10명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Kirk BoodryAstris Advisory Japan, K.K.Hiroyasu EguchiBofA Global ResearchMoriya KoketsuCitigroup Inc15명의 분석가 더 보기
공시 • 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.
공시 • 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.
공시 • May 14Internet Initiative Japan Inc., Annual General Meeting, Jun 26, 2026Internet Initiative Japan Inc., Annual General Meeting, Jun 26, 2026.
공시 • 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
공시 • 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
공시 • 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
공시 • 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
공시 • May 13Internet Initiative Japan Inc., Annual General Meeting, Jun 26, 2025Internet Initiative Japan Inc., Annual General Meeting, Jun 26, 2025.
공시 • 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
공시 • 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.
공시 • 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%).
공시 • 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.
공시 • 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.
공시 • 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%).
공시 • 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.
공시 • 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%).
공시 • 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.
공시 • 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.
공시 • 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
공시 • 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.
공시 • 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.
공시 • 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.