I 
Internet Initiative Japan 3774.T · JPY
Communication Services · Tokyo Stock Exchange · 🇯🇵 Japan
3,843
+6.54%
Close of 9 Nov 2026, in JPY
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in JPY, from our data supplier.
Revenue
¥345.39bn
FY2017FY2026
Net income
¥24.19bn
FY2017FY2026
Free cash flow
¥30.08bn
FY2017FY2026
Shareholders' equity
¥158.01bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ¥345.39bn | ¥316.83bn | ¥276.08bn | ¥252.71bn | ¥226.34bn | ¥213.00bn | ¥204.47bn | ¥192.43bn | ¥176.23bn | ¥157.79bn |
| Gross profit | ¥76.17bn | ¥64.77bn | ¥60.57bn | ¥54.83bn | ¥48.50bn | ¥37.44bn | ¥29.75bn | ¥27.70bn | ¥27.12bn | ¥25.25bn |
| Research and development | — | ¥643.0m | ¥636.0m | ¥546.0m | ¥506.3m | ¥471.9m | ¥437.7m | ¥446.3m | ¥487.5m | ¥466.3m |
| Operating income | ¥33.72bn | ¥30.09bn | ¥29.11bn | ¥27.01bn | ¥23.66bn | ¥14.90bn | ¥8.60bn | ¥6.32bn | ¥7.24bn | ¥5.54bn |
| Net income | ¥24.19bn | ¥19.93bn | ¥19.83bn | ¥18.85bn | ¥15.67bn | ¥9.71bn | ¥4.01bn | ¥3.52bn | ¥4.42bn | ¥3.17bn |
| Diluted earnings per share | 135.94 | 112.02 | 111.51 | 106.06 | 86.30 | 53.51 | 22.10 | 19.44 | 24.43 | 17.51 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ¥346.93bn | ¥312.44bn | ¥273.71bn | ¥246.32bn | ¥231.81bn | ¥220.78bn | ¥206.52bn | ¥167.29bn | ¥155.16bn | ¥137.40bn |
| Cash and short-term investments | ¥38.40bn | ¥32.53bn | ¥45.47bn | ¥42.47bn | ¥47.39bn | ¥42.47bn | ¥38.67bn | ¥33.54bn | ¥22.20bn | ¥22.78bn |
| Total liabilities | ¥187.46bn | ¥170.35bn | ¥146.68bn | ¥126.89bn | ¥127.18bn | ¥129.81bn | ¥126.47bn | ¥90.17bn | ¥79.92bn | ¥70.01bn |
| Debt | ¥35.57bn | ¥64.21bn | ¥56.42bn | ¥50.47bn | ¥51.12bn | ¥60.31bn | ¥63.03bn | ¥38.26bn | ¥42.22bn | ¥32.95bn |
| Shareholders' equity | ¥158.01bn | ¥140.68bn | ¥125.75bn | ¥118.24bn | ¥103.53bn | ¥89.96bn | ¥79.08bn | ¥76.27bn | ¥74.53bn | ¥66.74bn |
| Shares outstanding | 178m | 178m | 178m | 178m | 182m | 181m | 181m | 181m | 181m | 181m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ¥50.46bn | ¥28.53bn | ¥40.78bn | ¥38.53bn | ¥43.57bn | ¥40.54bn | ¥33.39bn | ¥25.15bn | ¥14.66bn | ¥7.37bn |
| Capital spending | −¥20.38bn | −¥11.90bn | −¥11.74bn | −¥11.79bn | −¥6.78bn | −¥6.39bn | −¥7.20bn | −¥7.08bn | −¥11.09bn | −¥10.62bn |
| Free cash flow | ¥30.08bn | ¥16.62bn | ¥29.04bn | ¥26.74bn | ¥36.79bn | ¥34.15bn | ¥26.20bn | ¥18.07bn | ¥3.57bn | −¥3.26bn |
| Dividends paid | −¥6.55bn | −¥6.13bn | −¥5.68bn | −¥4.90bn | −¥3.84bn | −¥1.53bn | −¥1.22bn | −¥1.22bn | −¥1.22bn | −¥1.13bn |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ¥97.60bn | ¥96.06bn | ¥87.42bn | ¥85.09bn | ¥76.82bn | ¥87.52bn | ¥82.29bn | ¥75.01bn |
| Gross profit | ¥17.97bn | ¥21.96bn | ¥19.08bn | ¥18.43bn | ¥16.69bn | ¥19.47bn | ¥18.26bn | ¥16.54bn |
| Operating income | ¥6.59bn | ¥10.42bn | ¥9.03bn | ¥8.17bn | ¥6.11bn | ¥9.39bn | ¥8.95bn | ¥7.26bn |
| Net income | ¥4.39bn | ¥7.91bn | ¥6.24bn | ¥6.25bn | ¥3.78bn | ¥6.15bn | ¥6.31bn | ¥4.15bn |
| Diluted earnings per share | 24.70 | 44.48 | 35.08 | 35.15 | 21.23 | 34.55 | 35.50 | 23.34 |
| Cash from operations | ¥10.53bn | ¥10.29bn | ¥16.79bn | ¥11.27bn | ¥12.11bn | ¥9.20bn | ¥8.80bn | ¥12.54bn |
| Capital spending | −¥9.85bn | −¥5.96bn | −¥6.08bn | −¥3.87bn | −¥4.47bn | −¥2.19bn | −¥3.62bn | −¥1.88bn |
| Free cash flow | ¥678.0m | ¥4.34bn | ¥10.71bn | ¥7.40bn | ¥7.64bn | ¥7.01bn | ¥5.19bn | ¥10.67bn |
| Total assets | ¥363.76bn | ¥346.93bn | ¥336.06bn | ¥329.26bn | ¥313.00bn | ¥312.44bn | ¥307.67bn | ¥288.77bn |
| Cash and short-term investments | ¥34.19bn | ¥38.40bn | ¥40.60bn | ¥37.30bn | ¥30.02bn | ¥32.53bn | ¥34.81bn | ¥33.66bn |
| Debt | ¥35.57bn | ¥35.57bn | ¥35.57bn | ¥35.59bn | ¥33.60bn | ¥51.91bn | ¥33.63bn | ¥28.40bn |
| Shareholders' equity | ¥160.94bn | ¥158.01bn | ¥151.81bn | ¥148.38bn | ¥143.66bn | ¥140.68bn | ¥136.55bn | ¥130.70bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 11.0% | 10.2% | 9.4% |
| Operating income | 7.7% | 17.7% | 18.5% |
| Net income | 8.7% | 20.0% | 19.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 21.3% | 21.5% | 21.0% | 19.1% |
| Operating margin | 9.6% | 10.1% | 9.7% | 7.7% |
| Net margin | 6.7% | 7.0% | 6.6% | 5.1% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 25.7 | 24.7 | 26.8 | 27.2 | 28.4 | 44.4 | 46.0 | 37.9 | 25.4 | 29.4 |
| Price to sales | 1.8 | 1.6 | 1.9 | 2.0 | 2.0 | 2.0 | 0.9 | 0.7 | 0.6 | 0.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 19 years. Last went ex-dividend on 29 Sept 2026.
| FY2027 | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 21.50 | 56.50 | 34.68 | 31.81 | 27.125 | 21.25 | 8.50 | 6.75 |
- 2-for-1 split · 29 Sept 2022
- 2-for-1 split · 29 Dec 2020
- 200-for-1 split · 26 Sept 2012
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.