How have IIJIY shares performed in 2024?

Internet Initiative Japan's stock was trading at $40.00 at the start of the year. Since then, IIJIY stock has decreased by 11.3% and is now trading at $35.50. View the best growth stocks for 2024 here .

How were Internet Initiative Japan's earnings last quarter?

Internet Initiative Japan Inc. (OTCMKTS:IIJIY) released its earnings results on Wednesday, February, 7th. The communications equipment provider reported $0.35 earnings per share for the quarter. The communications equipment provider had revenue of $493.68 million for the quarter, compared to analyst estimates of $514.38 million. Internet Initiative Japan had a trailing twelve-month return on equity of 16.43% and a net margin of 7.09%.

Is Internet Initiative Japan a good dividend stock?

Internet Initiative Japan (OTCMKTS:IIJIY) pays an annual dividend of $0.34 per share and currently has a dividend yield of 0.94%. The dividend payout ratio is 22.52%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IIJIY will have a dividend payout ratio of 19.54% next year. This indicates that the company will be able to sustain or increase its dividend.

How do I buy shares of Internet Initiative Japan?

Shares of IIJIY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

OTCMKTS:IIJIY

Internet Initiative Japan (IIJIY) Stock Price, News & Analysis

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$35.50

-0.39 (-1.09%)

(As of 04/19/2024 ET)

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Today's Range: $35.50
▼
$35.50
50-Day Range: $35.50
▼
$39.68
52-Week Range: $31.25
▼
$43.73

Volume: 109 shs
Average Volume: 623 shs
Market Capitalization: $3.25 billion

P/E Ratio: 23.51
Dividend Yield: 0.96%
Price Target: N/A

Stock Analysis Chart Earnings Financials Headlines SEC Filings Short Interest

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About Internet Initiative Japan Stock (OTCMKTS:IIJIY)

Internet Initiative Japan Inc. provides Internet connectivity, WAN, outsourcing, systems integration, and network-related equipment sales services in Japan. It operates through two segments, Network Services and Systems Integration Business, and ATM Operation Business. The company offers mobile communication and remote access/telework services; WAN/network services, including SDN, multi-cloud network, closed connection, internet VPN, SEIL, remote access, wireless LAN, and GIGA-school; leased line and broadband services; IIJ DNS platform, and domain name registration and maintenance services; IIJ access ID management, dial-up access, and IIJ IPv6 fiber access services; and security solutions for IIJ managed firewall, DDoS protection, and managed IPS/IDS services. It also provides cloud solutions, such as HaaS/IaaS, cloud storage, monitoring/operation, virtual desktop, Paas/Saas, solution for Microsoft and AWS, IoT/M2M, ID management and authentication, network, global, mobile, license, and specialized solutions, as well as IIJ cloud exchange and IIJ cloud integration solutions; integrated, network, mail, and web security, endpoint, security assessment/consulting, web and mail hosting, online storage, content delivery/CDN/CMS, and system integration; IoT services and solutions in the field of industrial, agriculture, energy, and IoT-oriented mobile communication; industry-specific solution; content delivery; and global/privacy products. In addition, the company offers IT outsourcing, IIJ consulting, cognitive factory, IIJ PC deployment support, IIJ PaaS solution, IIJ EMM utilization support, IIJ private cloud, network solutions, IIJ security audit, IIJ malware analysis, IIJ content management, cloud integration solution for Microsoft and AWS, Microsoft 365 transition support solution, data center service, and data center construction engineering solutions, as well as DX edge services. The company was incorporated in 1992 and is headquartered in Tokyo, Japan.

IIJIY Stock Price History

30 days | 90 days | 365 days | Advanced Chart

IIJIY Stock News Headlines

December 29, 2023 | msn.com

‘Can you use the internet in Hong Kong?’ Japanese envoy on ‘negative narratives’ about city but he says his country’s firms are staying put

November 9, 2023 | msn.com

Japan's efforts to foster chip sector are 'impressive' - research org head

April 19, 2024 | Gold Safe Exchange (Ad)

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November 6, 2023 | finanznachrichten.de

Internet Initiative Japan H1 Profit Slips, But Revenue Improves; Confirms Annual Outlook

October 10, 2023 | msn.com

Japanese PM says international AI regulations will be here by Christmas

September 8, 2023 | msn.com

A Japanese city is installing robots in classrooms so kids who are worried about attending school can tune in remotely

August 24, 2023 | seekingalpha.com

IIJIY Internet Initiative Japan Inc.

August 8, 2023 | markets.businessinsider.com

Internet Initiative Japan Q1 Profit Drops, Backs H1, FY23 Outlook; Stock Down

April 19, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

August 8, 2023 | finance.yahoo.com

IIJ Announces its First Three Months Results for the Fiscal Year Ending March 31, 2024

June 28, 2023 | finance.yahoo.com

Notice regarding Issuance of Stock-Compensation-Type Stock Options (Stock Acquisition Rights)

June 14, 2023 | finance.yahoo.com

Notice Regarding the Completion of Payment for Disposal of Treasury Stock for Restricted Stock Remuneration

June 12, 2023 | msn.com

Japan optimism has been fueled by 'game-changing' reforms and Warren Buffett: Here's what you need to know

May 18, 2023 | finance.yahoo.com

Partial Disposal of Shares of Common Stock Held by Nippon Telegraph and Telephone Corporation (Largest Shareholder), Acquisition of Shares of Common Stock by KDDI Corporation, Acquisition of Treasury Stock, etc.

May 12, 2023 | finance.yahoo.com

IIJ Announces its Financial Results for the Fiscal Year Ended March 31, 2023

May 5, 2023 | msn.com

FEATURE: Japan firms creating cutting-edge tech to make Society 5.0 a reality

April 15, 2023 | thestreet.com

Crayfish in the Sea of IPOs: Play Off the Japanese Internet Market

March 29, 2023 | wsj.com

Internet Initiative Japan Inc.

March 22, 2023 | dailymail.co.uk

Now the internet really does have a cat video for everything: Pizza Hut Japan unveils new ad campaign featuring cats in hats making pizza... and they're terrible at it

February 8, 2023 | msn.com

Internet Initiative Japan GAAP EPS of ¥23.21, revenue of ¥63.38B

February 8, 2023 | markets.businessinsider.com

Internet Initiative Japan 9-month Profit Rises, Revenues Up 11.9%; FY22 Targets Remain Unchanged

January 27, 2023 | nz.finance.yahoo.com

Toyota Tsusho, IIJ, NEC, and NTT Com Sign Contract with Uzbektelecom for Telecommunications Infrastructure Development Project

January 5, 2023 | finance.yahoo.com

Internet Initiative Japan Inc. (3774.T)

December 26, 2022 | news.yahoo.com

Spherical dog in Japan becomes internet sensation

December 9, 2022 | msn.com

UK, Japan, and Italy are joining forces to build a new next-generation fighter jet that can fight with artificial intelligence

September 19, 2022 | finance.yahoo.com

Internet Initiative Japan Inc. (IIJIY)

August 6, 2022 | seekingalpha.com

Internet Initiative Japan GAAP EPS of ¥48.38, revenue of ¥58.19B

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Company Calendar

Last Earnings: 2/07/2024
Today: 4/19/2024
Fiscal Year End: 3/31/2025

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Computer and Technology
Industry: Computer programming, data processing, & other computer related
Sub-Industry: N/A
Current Symbol: OTCMKTS:IIJIY
CUSIP: N/A
CIK: 1090633
Web: www.iij.ad.jp
Phone: (135) 205-6500
Fax: 813-5205-6441
Employees: 4,451
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $1.51
Trailing P/E Ratio: 23.77
Forward P/E Ratio: 24.09
P/E Growth: N/A
Net Income: $139.40 million
Net Margins: 7.09%
Pretax Margin: 10.43%
Return on Equity: 16.43%
Return on Assets: 7.53%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.20
Quick Ratio: 1.16

Sales & Book Value

Annual Sales: $1.87 billion
Price / Sales: 1.76
Cash Flow: $3.77 per share
Price / Cash Flow: 9.52
Book Value: $9.44 per share
Price / Book: 3.80

Miscellaneous

Outstanding Shares: 91,570,000
Free Float: 85,472,000
Market Cap: $3.29 billion
Optionable: Not Optionable
Beta: 0.62

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Key Executives

Mr. Koichi Suzuki (Age 78)
Chairman & Co-CEO
Mr. Eijiro Katsu (Age 74)
President, Co-CEO, COO & Representative Director
Mr. Akihisa Watai (Age 59)
CFO, Senior MD, Director of Financial Division & Director
Masami Kawamata
Executive Officer & GM of Accounting Department
Mr. Junichi Shimagami (Age 57)
MD, CTO, Director of Technology Unit & Director
Mr. Masayoshi Tobita
Managing Executive Officer & Division Director of Administrative Division
Akira Sumiya
Managing Executive Officer & GM of Compliance Department
Mr. Koichi Maruyama
Managing Executive Officer & Division Director of Global Business Division
Mr. Naoshi Yoneyama (Age 59)
MD, CIO, Division Director of Corporate Planning Division & Director
Makoto Ajisaka
Managing Executive Officer & Division Director of Service Product Business Division

Key Competitors

View All Competitors

IIJIY Stock Analysis - Frequently Asked Questions

How have IIJIY shares performed in 2024?: Internet Initiative Japan's stock was trading at $40.00 at the start of the year. Since then, IIJIY stock has decreased by 11.3% and is now trading at $35.50.
View the best growth stocks for 2024 here.
How were Internet Initiative Japan's earnings last quarter?: Internet Initiative Japan Inc. (OTCMKTS:IIJIY) released its earnings results on Wednesday, February, 7th. The communications equipment provider reported $0.35 earnings per share for the quarter. The communications equipment provider had revenue of $493.68 million for the quarter, compared to analyst estimates of $514.38 million. Internet Initiative Japan had a trailing twelve-month return on equity of 16.43% and a net margin of 7.09%.
Is Internet Initiative Japan a good dividend stock?: Internet Initiative Japan (OTCMKTS:IIJIY) pays an annual dividend of $0.34 per share and currently has a dividend yield of 0.94%. The dividend payout ratio is 22.52%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IIJIY will have a dividend payout ratio of 19.54% next year. This indicates that the company will be able to sustain or increase its dividend.
How do I buy shares of Internet Initiative Japan?: Shares of IIJIY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:IIJIY) was last updated on 4/19/2024 by MarketBeat.com Staff

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