Internet Initiative Japan Inc.

TSE:3774 Stock Report

Market Cap: JP¥616.7b

Internet Initiative Japan Future Growth

Future criteria checks 2/6

Internet Initiative Japan is forecast to grow earnings and revenue by 9.4% and 8.1% per annum respectively. EPS is expected to grow by 9.4% per annum. Return on equity is forecast to be 15.7% in 3 years.

Key information

9.4%

Earnings growth rate

9.35%

EPS growth rate

Telecom earnings growth4.8%
Revenue growth rate8.1%
Future return on equity15.70%
Analyst coverage

Good

Last updated30 Jun 2026

Recent future growth updates

Analysis Article • May 17

Here's What Analysts Are Forecasting For Internet Initiative Japan Inc. (TSE:3774) After Its Yearly Results

Last week saw the newest full-year earnings release from Internet Initiative Japan Inc. ( TSE:3774 ), an important...
Analysis Article • Feb 10

Internet Initiative Japan Inc. Just Missed EPS By 14%: Here's What Analysts Think Will Happen Next

It's been a sad week for Internet Initiative Japan Inc. ( TSE:3774 ), who've watched their investment drop 10% to...
Analysis Article • Aug 10

Internet Initiative Japan Inc. Just Missed Earnings - But Analysts Have Updated Their Models

Internet Initiative Japan Inc. ( TSE:3774 ) last week reported its latest first-quarter results, which makes it a good...
Analysis Article • May 15

Here's What Analysts Are Forecasting For Internet Initiative Japan Inc. (TSE:3774) After Its Annual Results

Shareholders might have noticed that Internet Initiative Japan Inc. ( TSE:3774 ) filed its yearly result this time last...
Analysis Article • Feb 11

Results: Internet Initiative Japan Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

Internet Initiative Japan Inc. ( TSE:3774 ) just released its latest third-quarter results and things are looking...
Analysis Article • Nov 12

Internet Initiative Japan Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Investors in Internet Initiative Japan Inc. ( TSE:3774 ) had a good week, as its shares rose 7.6% to close at JP¥3,039...

Recent updates

Analysis Article • May 17

Here's What Analysts Are Forecasting For Internet Initiative Japan Inc. (TSE:3774) After Its Yearly Results

Last week saw the newest full-year earnings release from Internet Initiative Japan Inc. ( TSE:3774 ), an important...
Analysis Article • Feb 10

Internet Initiative Japan Inc. Just Missed EPS By 14%: Here's What Analysts Think Will Happen Next

It's been a sad week for Internet Initiative Japan Inc. ( TSE:3774 ), who've watched their investment drop 10% to...
Analysis Article • Jan 05

Internet Initiative Japan Inc.'s (TSE:3774) Earnings Haven't Escaped The Attention Of Investors

Internet Initiative Japan Inc.'s ( TSE:3774 ) price-to-earnings (or "P/E") ratio of 21.5x might make it look like a...
Analysis Article • Dec 06

Internet Initiative Japan (TSE:3774) Will Pay A Dividend Of ¥19.50

The board of Internet Initiative Japan Inc. ( TSE:3774 ) has announced that it will pay a dividend of ¥19.50 per share...
Analysis Article • Dec 01

Here's Why We Think Internet Initiative Japan (TSE:3774) Might Deserve Your Attention Today

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article • Nov 15

We Think Internet Initiative Japan (TSE:3774) Can Stay On Top Of Its Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Sep 10

Internet Initiative Japan's (TSE:3774) Shareholders Will Receive A Bigger Dividend Than Last Year

Internet Initiative Japan Inc.'s ( TSE:3774 ) dividend will be increasing from last year's payment of the same period...
Analysis Article • Sep 09

Investors Still Waiting For A Pull Back In Internet Initiative Japan Inc. (TSE:3774)

Internet Initiative Japan Inc.'s ( TSE:3774 ) price-to-earnings (or "P/E") ratio of 23.7x might make it look like a...
Analysis Article • Aug 25

Internet Initiative Japan (TSE:3774) Ticks All The Boxes When It Comes To Earnings Growth

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article • Aug 10

Internet Initiative Japan Inc. Just Missed Earnings - But Analysts Have Updated Their Models

Internet Initiative Japan Inc. ( TSE:3774 ) last week reported its latest first-quarter results, which makes it a good...
Analysis Article • Jul 24

Internet Initiative Japan's (TSE:3774) Dividend Will Be Increased To ¥19.50

Internet Initiative Japan Inc. ( TSE:3774 ) will increase its dividend from last year's comparable payment on the 8th...
Analysis Article • Jul 10

Internet Initiative Japan's (TSE:3774) Dividend Will Be Increased To ¥19.50

Internet Initiative Japan Inc. ( TSE:3774 ) has announced that it will be increasing its dividend from last year's...
Analysis Article • Jul 02

There's Been No Shortage Of Growth Recently For Internet Initiative Japan's (TSE:3774) Returns On Capital

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...
Analysis Article • Jun 17

Internet Initiative Japan (TSE:3774) Has A Pretty Healthy Balance Sheet

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Jun 01

Internet Initiative Japan Inc.'s (TSE:3774) Intrinsic Value Is Potentially 56% Above Its Share Price

Key Insights Internet Initiative Japan's estimated fair value is JP¥4,346 based on 2 Stage Free Cash Flow to Equity...
Analysis Article • May 15

Here's What Analysts Are Forecasting For Internet Initiative Japan Inc. (TSE:3774) After Its Annual Results

Shareholders might have noticed that Internet Initiative Japan Inc. ( TSE:3774 ) filed its yearly result this time last...
Analysis Article • Apr 10

Internet Initiative Japan Inc.'s (TSE:3774) Earnings Haven't Escaped The Attention Of Investors

When close to half the companies in Japan have price-to-earnings ratios (or "P/E's") below 11x, you may consider...
Analysis Article • Mar 10

Internet Initiative Japan (TSE:3774) Has Announced A Dividend Of ¥17.50

Internet Initiative Japan Inc. ( TSE:3774 ) will pay a dividend of ¥17.50 on the 30th of June. This takes the annual...
Analysis Article • Feb 26

Is Internet Initiative Japan (TSE:3774) Using Too Much Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Feb 11

Results: Internet Initiative Japan Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

Internet Initiative Japan Inc. ( TSE:3774 ) just released its latest third-quarter results and things are looking...
Analysis Article • Jan 10

Internet Initiative Japan (TSE:3774) Is Due To Pay A Dividend Of ¥17.50

The board of Internet Initiative Japan Inc. ( TSE:3774 ) has announced that it will pay a dividend of ¥17.50 per share...
Analysis Article • Jan 06

Internet Initiative Japan (TSE:3774) Is Doing The Right Things To Multiply Its Share Price

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...
Analysis Article • Dec 07

Internet Initiative Japan (TSE:3774) Will Pay A Dividend Of ¥17.50

Internet Initiative Japan Inc.'s ( TSE:3774 ) investors are due to receive a payment of ¥17.50 per share on 30th of...
Analysis Article • Nov 12

Internet Initiative Japan Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Investors in Internet Initiative Japan Inc. ( TSE:3774 ) had a good week, as its shares rose 7.6% to close at JP¥3,039...
Analysis Article • Sep 07

Internet Initiative Japan (TSE:3774) Is Increasing Its Dividend To ¥17.50

Internet Initiative Japan Inc. ( TSE:3774 ) will increase its dividend from last year's comparable payment on the 9th...
Analysis Article • Sep 01

Internet Initiative Japan Inc.'s (TSE:3774) P/E Is Still On The Mark Following 26% Share Price Bounce

Internet Initiative Japan Inc. ( TSE:3774 ) shareholders have had their patience rewarded with a 26% share price jump...
Analysis Article • Aug 23

Internet Initiative Japan (TSE:3774) Is Increasing Its Dividend To ¥17.50

Internet Initiative Japan Inc.'s ( TSE:3774 ) dividend will be increasing from last year's payment of the same period...
Analysis Article • Aug 12

Results: Internet Initiative Japan Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Internet Initiative Japan Inc. ( TSE:3774 ) just released its latest quarterly results and things are looking bullish...
Analysis Article • Aug 09

Internet Initiative Japan (TSE:3774) Is Increasing Its Dividend To ¥17.50

Internet Initiative Japan Inc.'s ( TSE:3774 ) periodic dividend will be increasing on the 9th of December to ¥17.50...
Analysis Article • Jul 13

Here's Why We Think Internet Initiative Japan (TSE:3774) Might Deserve Your Attention Today

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article • Jun 27

Internet Initiative Japan (TSE:3774) Is Looking To Continue Growing Its Returns On Capital

If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
Analysis Article • Apr 30

We Think Internet Initiative Japan (TSE:3774) Can Manage Its Debt With Ease

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article • Apr 13

Internet Initiative Japan Inc.'s (TSE:3774) Popularity With Investors Is Clear

With a price-to-earnings (or "P/E") ratio of 26.2x Internet Initiative Japan Inc. ( TSE:3774 ) may be sending very...
Analysis Article • Mar 27

Internet Initiative Japan (TSE:3774) Will Pay A Dividend Of ¥17.18

Internet Initiative Japan Inc. ( TSE:3774 ) will pay a dividend of ¥17.18 on the 1st of July. This takes the annual...
Analysis Article • Mar 12

Internet Initiative Japan (TSE:3774) Has Announced A Dividend Of ¥17.18

Internet Initiative Japan Inc. ( TSE:3774 ) has announced that it will pay a dividend of ¥17.18 per share on the 1st of...
Analysis Article • Mar 11

Internet Initiative Japan (TSE:3774) Is Experiencing Growth In Returns On Capital

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...
Analysis Article • Feb 26

Internet Initiative Japan (TSE:3774) Has Announced A Dividend Of ¥17.18

Internet Initiative Japan Inc.'s ( TSE:3774 ) investors are due to receive a payment of ¥17.18 per share on 1st of...

Earnings and Revenue Growth Forecasts

TSE:3774 - Analysts future estimates and past financials data (JPY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/2029454,09431,89322,95755,0327
3/31/2028414,69029,37919,99551,39410
3/31/2027383,55526,0978,76633,6209
3/31/2026345,39524,18821,97250,460N/A
12/31/2025336,85122,413N/AN/AN/A
9/30/2025331,71922,49219,23241,379N/A
6/30/2025321,63120,393N/AN/AN/A
3/31/2025316,83119,9338,41328,528N/A
12/31/2024304,29020,641N/AN/AN/A
9/30/2024294,90418,98215,79635,256N/A
6/30/2024286,67619,57015,05333,746N/A
3/31/2024276,08019,83122,46140,780N/A
12/31/2023268,46718,96322,03938,802N/A
9/30/2023258,94418,52222,63641,123N/A
6/30/2023255,93818,03018,06138,690N/A
3/31/2023252,70818,83821,27138,529N/A
12/31/2022246,07517,00523,60840,516N/A
9/30/2022239,24417,41925,13638,164N/A
6/30/2022231,55116,55730,43240,774N/A
3/31/2022226,33515,67232,05543,572N/A
12/31/2021222,53015,35628,26739,515N/A
9/30/2021220,39013,83326,14437,911N/A
6/30/2021215,59712,10124,64836,562N/A
3/31/2021213,0019,71129,58240,544N/A
12/31/2020209,8556,52929,90839,741N/A
9/30/2020206,9185,01931,35741,498N/A
6/30/2020205,0234,34629,59439,779N/A
3/31/2020204,4734,00621,82833,393N/A
12/31/2019203,7375,574N/A33,089N/A
9/30/2019200,6873,294N/A25,690N/A
6/30/2019197,5544,046N/A24,061N/A
3/31/2019192,4303,520N/A25,152N/A
12/31/2018187,8213,721N/A22,080N/A
9/30/2018184,0255,604N/A20,015N/A
6/30/2018179,7924,653N/A16,365N/A
3/31/2018176,0515,109N/A13,262N/A
12/31/2017171,7993,944N/A11,257N/A
9/30/2017166,6543,547N/A9,398N/A
6/30/2017162,5733,344N/A10,722N/A
3/31/2017157,7893,167N/A7,368N/A
12/31/2016154,8683,376N/A8,648N/A
9/30/2016149,4383,493N/A10,044N/A
6/30/2016145,3643,846N/A9,438N/A
3/31/2016140,6484,038N/A12,052N/A
12/31/2015134,5863,581N/A10,712N/A
9/30/2015131,2113,530N/A13,648N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 3774's forecast earnings growth (9.4% per year) is above the savings rate (0.8%).

Earnings vs Market: 3774's earnings (9.4% per year) are forecast to grow slower than the JP market (10.2% per year).

High Growth Earnings: 3774's earnings are forecast to grow, but not significantly.

Revenue vs Market: 3774's revenue (8.1% per year) is forecast to grow faster than the JP market (6.6% per year).

High Growth Revenue: 3774's revenue (8.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 3774's Return on Equity is forecast to be low in 3 years time (15.7%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/12 21:48
End of Day Share Price 2026/07/10 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Internet Initiative Japan Inc. is covered by 18 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kirk BoodryAstris Advisory Japan, K.K.
Hiroyasu EguchiBofA Global Research
Moriya KoketsuCitigroup Inc