Internet Initiative Japan Inc. (3774.T)
Tokyo, JP
Internet Initiative Japan Inc. (IIJ), established in Tokyo in 1992, is a leading technology company in Japan offering a diverse portfolio of internet and IT services. The company operates through two primary divisions: Network Services and Systems Integration Business, and ATM Operation Business. IIJ delivers fundamental internet access and wide area network (WAN) services, encompassing mobile communication, remote/telework access, software-defined networking (SDN), multi-cloud network solutions, closed connections, internet VPNs, and wireless LAN services like GIGA-school. They also provide leased lines, broadband, DNS platforms, and domain management. Their robust cybersecurity offerings include managed firewalls, DDoS protection, intrusion prevention/detection systems (IPS/IDS), comprehensive network, mail, and web security, endpoint protection, security assessments, and consulting services, alongside malware analysis and security audits. The company's extensive cloud computing solutions cover Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Software as a Service (SaaS), cloud storage, virtual desktops, monitoring/operation services, and specialized solutions for IoT/M2M, identity management, and global deployments. They also facilitate cloud exchange and integration, including specific support for Microsoft and AWS environments, and Microsoft 365 transitions. Furthermore, IIJ specializes in IT outsourcing, complex systems integration, and the sale of network equipment. Their services extend to web and mail hosting, online storage, content delivery networks (CDNs), and bespoke IoT solutions for industrial, agricultural, and energy sectors. Additional offerings comprise IT consulting, private cloud infrastructure, network solutions, data center services (including design and construction), and advanced Digital Transformation (DX) edge services.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +2.27% | +4.34% | +13.57% | +42.48% | +8.38% | +13.64% | +16.96% | +5.43% | +138.22% | +420.15% | +387.86% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 1 | 0 |
| Buy | 7 | 0 |
| Hold | 1 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Telecommunications Services: +7.0%+9.0% ★ Q1'26: +9.8% (vs Q1'25)
-
EPS growth Telecommunications Services: +15.8%+21.3% ★ Q1'26: +28.7% (vs Q1'25)
-
FCF margin FCF growth · Telecommunications Services: +29.4%+8.0% ★ Q1'26: +4.5% (vs Q1'25)
-
EBIT margin Telecommunications Services: +14.7%+9.8% Q1'26: +10.8% (vs Q1'25)
-
ROIC Telecommunications Services: +6.4%+14.9% ★ Q1'26: +20.0% (vs Q1'25)
-
Share dilution Telecommunications Services: +0.0%+0.1% Q1'26: +0.1% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Telecommunications Services: 1.26×0.54× ★ Q1'26: 0.48× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Mar 2015 actual |
Mar 2016 actual |
Mar 2017 actual |
Mar 2018 actual |
Mar 2019 actual |
Mar 2020 actual |
Mar 2021 actual |
Mar 2022 actual |
Mar 2023 actual |
Mar 2024 actual |
Mar 2025 actual |
Mar 2026 11 Rev. Ana. 11 EPS Ana. |
Mar 2027 8 Rev. Ana. 9 EPS Ana. |
Mar 2028 11 Rev. Ana. 11 EPS Ana. |
Mar 2029 3 Rev. Ana. 3 EPS Ana. |
Mar 2030 1 Rev. Ana. 1 EPS Ana. |
Mar 2031 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
123.05B
est: 122.79B (+0.2%)
|
140.65B
est: 138.77B (+1.4%)
|
157.79B
est: 158.16B (-0.2%)
|
176.23B
est: 175.94B (+0.2%)
|
192.43B
est: 191.62B (+0.4%)
|
204.47B
est: 206.29B (-0.9%)
|
213.00B
est: 212.67B (+0.2%)
|
226.34B
est: 229.35B (-1.3%)
|
252.71B
est: 253.35B (-0.3%)
|
276.08B
est: 286.68B (-3.7%)
|
316.83B
est: 312.98B (+1.2%)
|
345.00B
341.46B – 351.62B
+10.2% YoY
|
379.35B
373.02B – 395.70B
+10.0% YoY
|
410.65B
400.70B – 440.27B
+8.2% YoY
|
434.09B
432.93B – 435.26B
+5.7% YoY
|
452.71B
443.39B – 479.04B
+4.3% YoY
|
481.61B
471.70B – 509.62B
+6.4% YoY
|
| EBITDA |
14.89B
est: 26.45B (-43.7%)
|
16.11B
est: 29.90B (-46.1%)
|
16.17B
est: 34.07B (-52.6%)
|
20.31B
est: 37.90B (-46.4%)
|
21.95B
est: 41.28B (-46.8%)
|
37.13B
est: 44.44B (-16.5%)
|
42.88B
est: 45.82B (-6.4%)
|
52.11B
est: 49.41B (+5.5%)
|
55.81B
est: 54.58B (+2.3%)
|
58.41B
est: 60.14B (-2.9%)
|
61.46B
est: 65.65B (-6.4%)
|
72.37B
71.63B – 73.76B
+10.2% YoY
|
79.58B
78.25B – 83.01B
+10.0% YoY
|
86.14B
84.06B – 92.36B
+8.2% YoY
|
91.06B
90.82B – 91.31B
+5.7% YoY
|
94.97B
93.01B – 100.49B
+4.3% YoY
|
101.03B
98.95B – 106.90B
+6.4% YoY
|
| EBIT |
5.21B
est: 12.30B (-57.7%)
|
6.18B
est: 13.91B (-55.6%)
|
5.27B
est: 15.85B (-66.7%)
|
6.90B
est: 17.63B (-60.9%)
|
6.32B
est: 19.20B (-67.1%)
|
8.60B
est: 20.67B (-58.4%)
|
14.90B
est: 21.31B (-30.1%)
|
23.66B
est: 22.98B (+2.9%)
|
27.01B
est: 25.39B (+6.4%)
|
29.11B
est: 29.21B (-0.3%)
|
30.09B
est: 31.89B (-5.6%)
|
35.15B
34.79B – 35.83B
+10.2% YoY
|
38.65B
38.01B – 40.32B
+10.0% YoY
|
41.84B
40.83B – 44.86B
+8.2% YoY
|
44.23B
44.11B – 44.35B
+5.7% YoY
|
46.13B
45.18B – 48.81B
+4.3% YoY
|
49.07B
48.06B – 51.92B
+6.4% YoY
|
| Net Income |
3.32B
est: 3.33B (-0.2%)
|
4.04B
est: 3.99B (+1.1%)
|
3.17B
est: 3.07B (+3.3%)
|
4.42B
est: 4.23B (+4.6%)
|
3.52B
est: 3.83B (-8.0%)
|
4.01B
est: 4.81B (-16.6%)
|
9.71B
est: 7.54B (+28.8%)
|
15.67B
est: 15.29B (+2.5%)
|
18.85B
est: 18.79B (+0.3%)
|
19.83B
est: 19.57B (+1.3%)
|
19.93B
est: 20.39B (-2.3%)
|
23.45B
22.43B – 24.04B
+15.0% YoY
|
27.30B
25.13B – 28.91B
+16.4% YoY
|
31.00B
27.81B – 34.11B
+13.6% YoY
|
34.74B
31.01B – 36.30B
+12.1% YoY
|
38.59B
37.56B – 41.51B
+11.1% YoY
|
43.24B
42.08B – 46.51B
+12.0% YoY
|
| SGA |
16.42B
est: 13.56B (+21.1%)
|
18.02B
est: 15.32B (+17.6%)
|
19.51B
est: 17.47B (+11.7%)
|
19.73B
est: 19.43B (+1.6%)
|
20.93B
est: 21.16B (-1.1%)
|
20.71B
est: 22.78B (-9.1%)
|
22.07B
est: 23.49B (-6.0%)
|
24.34B
est: 25.33B (-3.9%)
|
27.27B
est: 27.98B (-2.5%)
|
30.82B
est: 31.96B (-3.5%)
|
34.03B
est: 34.89B (-2.5%)
|
38.46B
38.06B – 39.20B
+10.2% YoY
|
42.29B
41.58B – 44.11B
+10.0% YoY
|
45.78B
44.67B – 49.08B
+8.2% YoY
|
48.39B
48.26B – 48.52B
+5.7% YoY
|
50.47B
49.43B – 53.40B
+4.3% YoY
|
53.69B
52.58B – 56.81B
+6.4% YoY
|
| EPS |
18.08
est: 18.71 (-3.4%)
|
21.97
est: 22.46 (-2.2%)
|
17.34
est: 17.25 (+0.6%)
|
24.54
est: 23.79 (+3.2%)
|
19.53
est: 21.53 (-9.3%)
|
22.22
est: 27.03 (-17.8%)
|
53.84
est: 42.40 (+27.0%)
|
86.78
est: 86.01 (+0.9%)
|
104.34
est: 104.84 (-0.5%)
|
111.81
est: 110.68 (+1.0%)
|
112.68
est: 117.19 (-3.9%)
|
130.57
126.06 – 135.10
+11.4% YoY
|
151.15
141.19 – 162.47
+15.8% YoY
|
172.45
156.28 – 191.68
+14.1% YoY
|
188.91
174.24 – 203.97
+9.5% YoY
|
216.85
211.04 – 233.25
+14.8% YoY
|
242.98
236.48 – 261.35
+12.0% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-15 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 2/5 | 2/5 |
| 2026-05-14 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-13 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-12 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-11 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-08 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-07 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-01 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-30 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-28 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-27 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-24 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-23 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-22 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-21 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-20 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-17 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-16 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | MUFG Japan Small Cap Active ETF MJSC | 1.14% | 261.3K | 0.85% |
| 2 | Fidelity Japan Equity Research Enhanced UCITS ETF ACC-JPY FJPR.L | 0.34% | 1.08M | 0.25% |
| 3 | iShares MSCI Japan Small-Cap ETF SCJ | 0.18% | 466.5K | 0.50% |
| 4 | iShares MSCI Japan Small Cap UCITS ETF IDJP.L | 0.18% | 1.00M | 0.58% |
| 5 | iShares $ Treasury Bond 3-7yr UCITS ETF CBUG.DE | 0.11% | 474.0K | 0.10% |
| 6 | Avantis International Small Cap Equity ETF AVDS | 0.09% | 291.3K | 0.30% |
| 7 | UBS MSCI World Small Cap Socially Responsible UCITS ETF USD dis WSCR.L | 0.09% | 698.3K | 0.23% |
| 8 | UBS MSCI World Small Cap Socially Responsible UCITS ETF USD acc WSCSRI.SW | 0.09% | 698.7K | 0.23% |
| 9 | Schwab Fundamental International Small Company Index ETF FNDC | 0.08% | 2.53M | 0.39% |
| 10 | iShares Currency Hedged MSCI EAFE Small-Cap ETF HSCZ | 0.07% | 151.0K | 0.83% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Akihisa Watai | Chief Financial Officer, Executive Vice President, Head of Corporate Strategy Division & Financial Division & Director | — | male |
| Junichi Shimagami | Executive Vice President, Chief Technology Officer, Co-Head of Marketing & Director | — | male |
| Koichi Maruyama | Managing Executive Officer & Division Director of Global Business Division | — | male |
| Koichi Suzuki | Chairman & Co-CEO | — | male |
| Makoto Ajisaka | Managing Executive Officer and Head of Alliance Sales Division & Marketing Division | — | — |
| Masakazu Tachikui | Managing Executive Officer | — | — |
| Masami Kawamata | Executive Officer & GM of Accounting Department | — | — |
| Naoshi Yoneyama | Senior Managing Executive Officer, Chief Information Officer & Head of Management Headquarters | — | male |
| Tadashi Kawashima | Senior Managing Executive Officer | — | male |
| Yasuhiko Taniwaki | Co-CEO, President, COO & Director | — | male |
| Yoshikazu Yamai | Managing Executive Officer & Division Director of Infrastructure Engineering Division | — | — |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for 3774.T
Short-term intention
Target Price Distribution
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