This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

IIJ Announces Nine Months Financial Results For The Fiscal Year Ending March 31, 2011

Our targets for the fiscal year ending March 31, 2011 are as follows:

         (JPY in millions)
  Revenues Operating Income Income before Income Tax Expense (Benefit) Net Income attributable to IIJ
Full FY2010 Target 84,500 4,800 4,100 3,000

FY2010 Year-end Dividend Forecast

We revised upward our FY2010 year-end dividend forecast from JPY1,250 to JPY1,500 per share. FY2010 full-year dividend forecast will be JPY2,750, up JPY500 YoY.

  Interim Year-end Full-Year
FY2010 Dividend (forecast) JPY1,250 (paid) JPY1,500 (forecast) JPY2,750 (forecast)
FY2009 Dividend JPY1,000 JPY1,250 JPY2,250

Reconciliation of Non-GAAP Financial Measures

The following table summarizes the reconciliation of adjusted EBITDA to net income attributable to IIJ in our consolidated statements of income that are prepared in accordance with U.S. GAAP.

Adjusted EBITDA
  Nine months ended Dec 31, 2009 Nine months ended Dec 31, 2010
  JPY millions JPY millions
Adjusted EBITDA 5,942 6,667
Depreciation and Amortization 9 3,935 4,137
Impairment loss on other intangible assets -- 100
Operating Income 2,007 2,430
Other Income (Expense) (224) (255)
Income Tax Expense 1,042 459
Equity in Net Income of Equity  Method Investees 127 129
Net income 868 1,845
Net loss attributable to  noncontrolling interests 265 152
Net Income attributable to IIJ 1,133 1,997
9 Depreciation and amortization includes impairment loss on other intangible assets. (See IIJ's consolidated financial statements for details).


7 of 10

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs