I

Internet Initiative Japan Inc
TSE:3774

Watchlist Manager
Internet Initiative Japan Inc
TSE:3774
Watchlist
Price: 2 786.5 JPY -3.13% Market Closed
Market Cap: 511.2B JPY
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
+39%
5Y
+57%
10Y
+153%
Operating Income
+
3Y
+31%
5Y
+256%
10Y
+481%
Net Income
+
3Y
+23%
5Y
+369%
10Y
+474%

Earnings Waterfall
Internet Initiative Japan Inc

Revenue
321.6B JPY
Cost of Revenue
-250.7B JPY
Gross Profit
71B JPY
Operating Expenses
-39.3B JPY
Operating Income
31.7B JPY
Other Expenses
-11.3B JPY
Net Income
20.4B JPY

Income Statement
Internet Initiative Japan Inc

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Income Statement
Currency: JPY
Dec-2005 Mar-2006 Jun-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 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 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025
Revenue
Interest Expense
504
437
435
427
418
397
387
407
422
438
447
429
419
408
389
370
339
306
277
256
259
268
290
304
302
299
291
290
290
287
284
275
264
256
249
246
242
238
234
227
229
241
253
272
288
304
323
346
362
405
0
0
0
430
0
0
0
565
0
0
0
556
0
0
0
513
133
0
0
496
143
296
456
561
624
715
843
984
0
Revenue
45 933
N/A
49 813
+8%
52 369
+5%
54 447
+4%
56 164
+3%
57 055
+2%
58 313
+2%
60 600
+4%
65 372
+8%
66 835
+2%
69 467
+4%
70 099
+1%
69 275
-1%
69 731
+1%
69 238
-1%
68 753
-1%
67 256
-2%
68 006
+1%
67 986
0%
70 004
+3%
76 491
+9%
82 418
+8%
89 968
+9%
95 354
+6%
96 374
+1%
97 315
+1%
98 794
+2%
101 217
+2%
103 253
+2%
106 248
+3%
107 848
+2%
109 536
+2%
112 304
+3%
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%
276 080
+3%
286 676
+4%
294 904
+3%
304 292
+3%
316 831
+4%
321 636
+2%
Gross Profit
Cost of Revenue
(37 655)
(41 016)
(43 032)
(44 607)
(45 682)
(45 968)
(46 775)
(48 196)
(52 320)
(52 883)
(55 244)
(56 157)
(55 476)
(56 146)
(55 680)
(55 098)
(53 584)
(54 051)
(54 002)
(55 444)
(60 615)
(65 828)
(71 900)
(76 369)
(77 225)
(77 326)
(78 488)
(80 316)
(81 837)
(84 395)
(85 784)
(87 401)
(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)
(212 214)
(222 477)
(229 556)
(237 451)
(248 429)
(250 674)
Gross Profit
8 278
N/A
8 796
+6%
9 337
+6%
9 840
+5%
10 482
+7%
11 087
+6%
11 538
+4%
12 405
+8%
13 053
+5%
13 953
+7%
14 224
+2%
13 942
-2%
13 799
-1%
13 585
-2%
13 558
0%
13 655
+1%
13 672
+0%
13 956
+2%
13 984
+0%
14 559
+4%
15 875
+9%
16 590
+5%
18 066
+9%
18 984
+5%
19 148
+1%
19 989
+4%
20 306
+2%
20 900
+3%
21 415
+2%
21 854
+2%
22 064
+1%
22 136
+0%
21 846
-1%
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%
63 866
+3%
64 199
+1%
65 348
+2%
66 841
+2%
68 402
+2%
70 962
+4%
Operating Income
Operating Expenses
(6 179)
(6 385)
(6 615)
(6 813)
(7 159)
(7 586)
(7 904)
(8 458)
(8 956)
(9 193)
(9 745)
(9 994)
(10 148)
(10 667)
(10 701)
(10 576)
(10 591)
(10 544)
(10 657)
(11 113)
(12 041)
(12 449)
(13 277)
(13 596)
(13 440)
(13 635)
(13 493)
(13 733)
(14 017)
(14 101)
(14 399)
(14 637)
(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)
(33 494)
(34 657)
(35 691)
(36 617)
(37 109)
(38 068)
(39 309)
Selling, General & Administrative
(6 011)
(6 227)
(6 451)
(6 657)
(6 997)
(7 409)
(7 711)
(8 247)
(8 722)
(8 953)
(9 502)
(9 726)
(9 870)
(10 252)
(10 267)
(10 141)
(10 150)
(10 231)
(10 331)
(10 808)
(11 710)
(12 095)
(12 933)
(13 233)
(13 105)
(13 246)
(13 079)
(13 298)
(13 563)
(13 691)
(13 964)
(14 213)
(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)
(30 771)
(35 599)
(36 636)
(37 361)
(33 895)
(39 255)
Research & Development
(167)
(158)
(164)
(157)
(164)
(177)
(194)
(211)
(234)
(240)
(243)
(268)
(278)
(415)
(434)
(435)
(440)
(313)
(324)
(303)
(331)
(354)
(345)
(364)
(335)
(389)
(414)
(434)
(453)
(410)
(415)
(423)
(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
(636)
0
0
0
(643)
0
Depreciation & Amortization
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
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
(3 294)
0
0
0
(3 637)
0
Other Operating Expenses
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(20)
0
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)
(41)
44
(92)
19
252
107
(54)
Operating Income
2 101
N/A
2 411
+15%
2 723
+13%
3 027
+11%
3 322
+10%
3 500
+5%
3 633
+4%
3 947
+9%
4 097
+4%
4 759
+16%
4 479
-6%
3 948
-12%
3 651
-8%
2 917
-20%
2 857
-2%
3 078
+8%
3 080
+0%
3 412
+11%
3 326
-3%
3 446
+4%
3 834
+11%
4 141
+8%
4 790
+16%
5 389
+13%
5 709
+6%
6 353
+11%
6 813
+7%
7 168
+5%
7 399
+3%
7 753
+5%
7 666
-1%
7 499
-2%
6 921
-8%
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%
28 711
+2%
29 209
+2%
28 508
-2%
28 731
+1%
29 732
+3%
30 334
+2%
31 653
+4%
Pre-Tax Income
Interest Income Expense
(478)
(421)
(425)
(416)
(403)
2 855
(358)
(359)
(368)
(156)
(388)
(368)
(357)
(376)
(347)
(339)
(313)
(228)
(196)
(180)
(174)
(172)
(205)
(229)
(235)
(272)
(284)
(291)
(254)
(136)
61
342
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)
(751)
(158)
(770)
(987)
(79)
(1 030)
(247)
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(18)
(18)
(20)
0
0
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
171
310
323
0
(31)
275
(45)
0
(29)
(128)
Total Other Income
3 873
3 388
3 396
3 132
3 095
(1 307)
1 532
1 015
287
(242)
(177)
(151)
(406)
(507)
(485)
(445)
(191)
(324)
(291)
(426)
(409)
(135)
(165)
(40)
(34)
(105)
(45)
2
15
160
87
88
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
(51)
64
146
(23)
(86)
480
(201)
224
(91)
(1 396)
Pre-Tax Income
5 497
N/A
5 379
-2%
5 696
+6%
5 744
+1%
6 014
+5%
5 049
-16%
4 806
-5%
4 602
-4%
4 016
-13%
4 362
+9%
3 915
-10%
3 430
-12%
2 889
-16%
2 034
-30%
2 024
0%
2 294
+13%
2 576
+12%
2 859
+11%
2 839
-1%
2 840
+0%
3 251
+14%
3 834
+18%
4 420
+15%
5 118
+16%
5 438
+6%
5 976
+10%
6 483
+8%
6 861
+6%
7 142
+4%
7 757
+9%
7 815
+1%
7 929
+1%
7 437
-6%
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%
28 934
+4%
28 493
-2%
27 498
-3%
29 877
+9%
29 184
-2%
29 882
+2%
Net Income
Tax Provision
(139)
(257)
(368)
785
719
804
778
1 649
1 350
861
823
(1 483)
(1 744)
(1 003)
(1 033)
(991)
(852)
(1 132)
(1 008)
(884)
(549)
(956)
(1 260)
(1 731)
(2 100)
(2 525)
(2 616)
(2 721)
(2 876)
(2 608)
(2 629)
(2 599)
(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)
(8 316)
(8 018)
(8 356)
(8 790)
(8 958)
(8 789)
(8 384)
(9 111)
(9 080)
(9 354)
Income from Continuing Operations
5 357
5 121
5 327
6 528
6 734
5 853
5 584
6 251
5 366
5 223
4 738
1 948
1 145
1 032
992
1 303
1 723
1 727
1 830
1 955
2 701
2 878
3 160
3 388
3 340
3 451
3 869
4 141
4 267
5 149
5 184
5 328
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
18 993
18 149
18 648
19 147
19 976
19 704
19 114
20 766
20 104
20 528
Income to Minority Interest
(305)
(354)
(374)
(374)
(307)
(233)
(181)
(84)
13
97
142
212
305
352
391
388
358
348
309
275
236
202
180
150
110
66
40
16
(5)
(17)
(26)
(42)
(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)
(145)
(134)
(132)
(128)
(171)
(140)
Equity Earnings Affiliates
16
(14)
(90)
(171)
(228)
(210)
(157)
(134)
(140)
(143)
(105)
(93)
(7)
35
49
77
118
159
162
148
161
123
128
168
147
124
117
130
102
168
201
212
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
0
0
0
0
0
0
Net Income (Common)
5 069
N/A
4 754
-6%
4 865
+2%
5 984
+23%
6 200
+4%
5 410
-13%
5 247
-3%
6 034
+15%
5 240
-13%
5 177
-1%
4 776
-8%
2 067
-57%
1 443
-30%
1 419
-2%
1 430
+1%
1 767
+24%
2 198
+24%
2 234
+2%
2 301
+3%
2 378
+3%
3 098
+30%
3 203
+3%
3 468
+8%
3 705
+7%
3 595
-3%
3 641
+1%
4 025
+11%
4 286
+6%
4 363
+2%
5 301
+21%
5 357
+1%
5 498
+3%
5 112
-7%
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%
18 852
+11%
18 030
-4%
18 521
+3%
18 963
+2%
19 831
+5%
19 570
-1%
18 982
-3%
20 638
+9%
19 933
-3%
20 388
+2%
EPS (Diluted)
129.97
N/A
121.89
-6%
118.65
-3%
145.95
+23%
151.21
+4%
131.95
-13%
127.97
-3%
147.17
+15%
127.8
-13%
126.26
-1%
116.48
-8%
50.41
-57%
35.19
-30%
34.6
-2%
34.87
+1%
43.09
+24%
53.6
+24%
54.48
+2%
56.12
+3%
58
+3%
75.56
+30%
78.12
+3%
84.58
+8%
90.36
+7%
87.68
-3%
88.8
+1%
98.17
+11%
104.53
+6%
106.41
+2%
129.29
+22%
130.65
+1%
122.17
-6%
111.13
-9%
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%
103.82
+11%
100.2
-3%
104.19
+4%
106.68
+2%
111.23
+4%
110.1
-1%
107.29
-3%
116.65
+9%
112.1
-4%
115.21
+3%

See Also

Summary
Intrinsic value, competitors valuation, and company profile.
DCF Valuation
Stock valuation using Discount Cash Flow valuation method.
Relative Valuation
Stock valuation using valuation multiples.
Wall Street Estimates
Price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
Stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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