Internet Initiative Japan Inc
TSE:3774
Income Statement
Earnings Waterfall
Internet Initiative Japan Inc
Revenue
|
268.5B
JPY
|
Cost of Revenue
|
-206.3B
JPY
|
Gross Profit
|
62.2B
JPY
|
Operating Expenses
|
-33.2B
JPY
|
Operating Income
|
29B
JPY
|
Other Expenses
|
-10.1B
JPY
|
Net Income
|
19B
JPY
|
Income Statement
Internet Initiative Japan Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
112 304
N/A
|
114 272
+2%
|
115 383
+1%
|
117 047
+1%
|
119 372
+2%
|
123 050
+3%
|
126 962
+3%
|
131 212
+3%
|
134 586
+3%
|
140 648
+5%
|
145 363
+3%
|
149 437
+3%
|
154 868
+4%
|
157 789
+2%
|
162 574
+3%
|
166 654
+3%
|
171 799
+3%
|
176 233
+3%
|
180 107
+2%
|
184 468
+2%
|
188 248
+2%
|
192 430
+2%
|
197 420
+3%
|
200 426
+2%
|
203 491
+2%
|
204 474
+0%
|
205 023
+0%
|
206 919
+1%
|
209 855
+1%
|
213 002
+1%
|
215 598
+1%
|
220 391
+2%
|
222 531
+1%
|
226 335
+2%
|
231 550
+2%
|
239 243
+3%
|
246 075
+3%
|
252 708
+3%
|
255 938
+1%
|
258 944
+1%
|
268 467
+4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(90 459)
|
(93 206)
|
(94 350)
|
(95 507)
|
(97 375)
|
(100 978)
|
(104 228)
|
(108 336)
|
(111 168)
|
(115 993)
|
(120 585)
|
(124 642)
|
(130 177)
|
(132 542)
|
(136 579)
|
(140 230)
|
(144 627)
|
(147 865)
|
(151 439)
|
(154 879)
|
(157 495)
|
(163 455)
|
(167 895)
|
(170 499)
|
(172 964)
|
(171 880)
|
(171 698)
|
(172 070)
|
(172 159)
|
(172 720)
|
(172 003)
|
(174 478)
|
(174 262)
|
(174 707)
|
(178 649)
|
(184 209)
|
(189 573)
|
(194 800)
|
(196 929)
|
(198 338)
|
(206 262)
|
|
Gross Profit |
21 846
N/A
|
21 066
-4%
|
21 033
0%
|
21 540
+2%
|
21 996
+2%
|
22 073
+0%
|
22 733
+3%
|
22 875
+1%
|
23 418
+2%
|
24 655
+5%
|
24 779
+1%
|
24 796
+0%
|
24 691
0%
|
25 247
+2%
|
25 994
+3%
|
26 424
+2%
|
27 173
+3%
|
28 369
+4%
|
28 670
+1%
|
29 590
+3%
|
30 754
+4%
|
28 975
-6%
|
29 525
+2%
|
29 927
+1%
|
30 527
+2%
|
32 593
+7%
|
33 325
+2%
|
34 849
+5%
|
37 697
+8%
|
40 282
+7%
|
43 596
+8%
|
45 913
+5%
|
48 269
+5%
|
51 628
+7%
|
52 901
+2%
|
55 035
+4%
|
56 501
+3%
|
57 908
+2%
|
59 009
+2%
|
60 606
+3%
|
62 205
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(14 926)
|
(15 343)
|
(15 847)
|
(16 410)
|
(16 697)
|
(16 997)
|
(17 285)
|
(17 653)
|
(18 056)
|
(18 515)
|
(18 943)
|
(19 271)
|
(19 469)
|
(20 112)
|
(20 573)
|
(20 922)
|
(21 418)
|
(21 506)
|
(21 672)
|
(21 851)
|
(22 252)
|
(22 648)
|
(23 473)
|
(23 837)
|
(23 577)
|
(23 811)
|
(24 432)
|
(24 737)
|
(25 404)
|
(25 286)
|
(27 035)
|
(27 600)
|
(27 851)
|
(27 861)
|
(28 688)
|
(28 419)
|
(29 263)
|
(30 555)
|
(31 811)
|
(32 478)
|
(33 171)
|
|
Selling, General & Administrative |
(14 503)
|
(14 922)
|
(15 411)
|
(15 959)
|
(16 228)
|
(16 556)
|
(16 862)
|
(17 232)
|
(17 634)
|
(18 060)
|
(18 471)
|
(18 803)
|
(19 005)
|
(19 646)
|
(20 102)
|
(20 449)
|
(20 947)
|
(19 735)
|
(19 979)
|
(20 269)
|
(20 712)
|
(20 926)
|
(23 172)
|
(23 560)
|
(23 735)
|
(20 708)
|
(24 083)
|
(24 299)
|
(24 723)
|
(22 066)
|
(26 525)
|
(27 156)
|
(27 656)
|
(24 336)
|
(28 744)
|
(29 689)
|
(30 542)
|
(27 013)
|
(31 836)
|
(32 429)
|
(33 453)
|
|
Research & Development |
(421)
|
(421)
|
(436)
|
(451)
|
(470)
|
(441)
|
(424)
|
(422)
|
(423)
|
0
|
(472)
|
(468)
|
(464)
|
(466)
|
(470)
|
(473)
|
(471)
|
(487)
|
0
|
0
|
0
|
(446)
|
0
|
0
|
0
|
(438)
|
0
|
0
|
0
|
(472)
|
0
|
0
|
0
|
(506)
|
0
|
0
|
0
|
(546)
|
0
|
0
|
0
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1 251)
|
0
|
0
|
0
|
(1 279)
|
0
|
0
|
0
|
(2 840)
|
0
|
0
|
0
|
(2 838)
|
0
|
0
|
0
|
(3 125)
|
0
|
0
|
0
|
(3 079)
|
0
|
0
|
0
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(455)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(33)
|
(1 693)
|
(1 582)
|
(1 540)
|
4
|
(301)
|
(277)
|
158
|
175
|
(351)
|
(437)
|
(681)
|
90
|
(511)
|
(444)
|
(195)
|
106
|
56
|
1 270
|
1 279
|
83
|
25
|
(49)
|
282
|
|
Operating Income |
6 921
N/A
|
5 723
-17%
|
5 187
-9%
|
5 131
-1%
|
5 299
+3%
|
5 075
-4%
|
5 448
+7%
|
5 222
-4%
|
5 362
+3%
|
6 140
+15%
|
5 835
-5%
|
5 524
-5%
|
5 222
-5%
|
5 134
-2%
|
5 422
+6%
|
5 502
+1%
|
5 754
+5%
|
6 862
+19%
|
6 997
+2%
|
7 739
+11%
|
8 503
+10%
|
6 326
-26%
|
6 052
-4%
|
6 090
+1%
|
6 950
+14%
|
8 783
+26%
|
8 893
+1%
|
10 112
+14%
|
12 293
+22%
|
14 996
+22%
|
16 560
+10%
|
18 313
+11%
|
20 419
+11%
|
23 768
+16%
|
24 213
+2%
|
26 616
+10%
|
27 239
+2%
|
27 353
+0%
|
27 198
-1%
|
28 128
+3%
|
29 034
+3%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
417
|
462
|
302
|
83
|
32
|
(116)
|
(31)
|
(88)
|
(96)
|
(168)
|
(78)
|
(51)
|
(7)
|
9
|
(110)
|
(8)
|
294
|
6
|
179
|
200
|
(222)
|
(608)
|
(639)
|
(1 009)
|
(1 062)
|
(1 625)
|
(1 409)
|
(1 531)
|
(1 516)
|
(1 031)
|
1 131
|
1 688
|
1 986
|
(1 216)
|
(48)
|
(97)
|
(1 725)
|
(164)
|
(1 405)
|
(1 593)
|
(1 243)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(31)
|
0
|
0
|
0
|
(93)
|
0
|
0
|
0
|
(303)
|
374
|
376
|
0
|
(182)
|
0
|
0
|
0
|
(399)
|
0
|
0
|
0
|
(1 402)
|
1 200
|
0
|
0
|
(132)
|
310
|
323
|
0
|
|
Total Other Income |
99
|
90
|
184
|
205
|
207
|
180
|
174
|
161
|
163
|
221
|
152
|
179
|
234
|
315
|
283
|
296
|
273
|
96
|
(41)
|
(105)
|
(173)
|
428
|
0
|
0
|
0
|
183
|
0
|
0
|
0
|
469
|
0
|
0
|
0
|
3 012
|
70
|
70
|
70
|
252
|
64
|
146
|
146
|
|
Pre-Tax Income |
7 437
N/A
|
6 275
-16%
|
5 671
-10%
|
5 418
-4%
|
5 537
+2%
|
5 139
-7%
|
5 589
+9%
|
5 294
-5%
|
5 428
+3%
|
6 193
+14%
|
5 910
-5%
|
5 652
-4%
|
5 449
-4%
|
5 427
0%
|
5 596
+3%
|
5 791
+3%
|
6 323
+9%
|
6 872
+9%
|
7 135
+4%
|
7 834
+10%
|
8 108
+3%
|
5 843
-28%
|
5 787
-1%
|
5 456
-6%
|
5 888
+8%
|
7 159
+22%
|
7 485
+5%
|
8 582
+15%
|
10 776
+26%
|
14 035
+30%
|
17 691
+26%
|
20 001
+13%
|
22 404
+12%
|
24 162
+8%
|
25 435
+5%
|
26 588
+5%
|
25 584
-4%
|
27 309
+7%
|
26 167
-4%
|
27 004
+3%
|
27 937
+3%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(2 495)
|
(1 795)
|
(1 611)
|
(1 627)
|
(1 586)
|
(1 897)
|
(2 105)
|
(1 862)
|
(1 961)
|
(2 184)
|
(2 063)
|
(2 098)
|
(1 953)
|
(2 225)
|
(2 236)
|
(2 241)
|
(2 373)
|
(2 298)
|
(2 358)
|
(2 577)
|
(2 649)
|
(2 144)
|
(2 176)
|
(2 080)
|
(2 286)
|
(2 965)
|
(2 995)
|
(3 437)
|
(4 140)
|
(4 234)
|
(5 469)
|
(6 052)
|
(6 926)
|
(8 362)
|
(8 691)
|
(9 006)
|
(8 437)
|
(8 330)
|
(8 018)
|
(8 356)
|
(8 790)
|
|
Income from Continuing Operations |
4 940
|
4 480
|
4 061
|
3 792
|
3 952
|
3 242
|
3 484
|
3 432
|
3 467
|
4 010
|
3 847
|
3 555
|
3 497
|
3 202
|
3 361
|
3 550
|
3 949
|
4 574
|
4 775
|
5 255
|
5 458
|
3 699
|
3 610
|
3 376
|
3 602
|
4 194
|
4 490
|
5 145
|
6 637
|
9 801
|
12 222
|
13 949
|
15 478
|
15 800
|
16 744
|
17 583
|
17 147
|
18 979
|
18 149
|
18 648
|
19 147
|
|
Income to Minority Interest |
(56)
|
(204)
|
(217)
|
(219)
|
(210)
|
(75)
|
(113)
|
(124)
|
(132)
|
(152)
|
(136)
|
(145)
|
(163)
|
(166)
|
(166)
|
(169)
|
(167)
|
(170)
|
(169)
|
(167)
|
(173)
|
(178)
|
(187)
|
(195)
|
(195)
|
(187)
|
(143)
|
(124)
|
(107)
|
(90)
|
(120)
|
(116)
|
(122)
|
(128)
|
(188)
|
(163)
|
(142)
|
(141)
|
(119)
|
(127)
|
(184)
|
|
Equity Earnings Affiliates |
227
|
204
|
172
|
146
|
128
|
0
|
181
|
222
|
245
|
180
|
135
|
84
|
43
|
130
|
150
|
166
|
162
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
5 112
N/A
|
4 480
-12%
|
4 017
-10%
|
3 719
-7%
|
3 870
+4%
|
3 322
-14%
|
3 552
+7%
|
3 530
-1%
|
3 580
+1%
|
4 038
+13%
|
3 845
-5%
|
3 493
-9%
|
3 375
-3%
|
3 167
-6%
|
3 343
+6%
|
3 546
+6%
|
3 944
+11%
|
4 423
+12%
|
4 591
+4%
|
5 030
+10%
|
5 203
+3%
|
3 521
-32%
|
3 423
-3%
|
3 182
-7%
|
3 407
+7%
|
4 007
+18%
|
4 347
+8%
|
5 021
+16%
|
6 530
+30%
|
9 712
+49%
|
12 102
+25%
|
13 833
+14%
|
15 356
+11%
|
15 672
+2%
|
16 556
+6%
|
17 419
+5%
|
17 004
-2%
|
18 838
+11%
|
18 030
-4%
|
18 521
+3%
|
18 963
+2%
|
|
EPS (Diluted) |
111.13
N/A
|
101.81
-8%
|
87.32
-14%
|
80.86
-7%
|
84.13
+4%
|
72.2
-14%
|
77.21
+7%
|
76.73
-1%
|
77.82
+1%
|
43.85
-44%
|
83.58
+91%
|
75.93
-9%
|
73.36
-3%
|
17.29
-76%
|
74.28
+330%
|
78.8
+6%
|
87.64
+11%
|
24.45
-72%
|
102.02
+317%
|
111.77
+10%
|
114.96
+3%
|
19.45
-83%
|
75.61
+289%
|
35.13
-54%
|
37.61
+7%
|
22.12
-41%
|
47.99
+117%
|
55.38
+15%
|
72.04
+30%
|
53.57
-26%
|
66.72
+25%
|
76.22
+14%
|
84.61
+11%
|
86.37
+2%
|
91.22
+6%
|
95.91
+5%
|
93.63
-2%
|
103.75
+11%
|
100.2
-3%
|
104.19
+4%
|
106.68
+2%
|