This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Notice Regarding Stock Split, Adoption Of The Unit Share System, ADS Ratio Change, Partial Amendments To The Articles Of Incorporation And Adjustment Of Year-End Dividend Forecast In Connection With Stock Split

Stocks in this article: IIJI

Interim (2nd quarter-end) dividend for the fiscal year ending March 31, 2012 shall be paid to shareholders based on the Registry of Shareholders on the record date Sunday, September 30, 2012 before the effectiveness of the stock split and year-end dividend for the fiscal year ending March 31, 2012 shall be paid to shareholders based on the Registry of Shareholders on the record date Sunday, March 31, 2013 after the effective date of the stock split. Dividend forecast as originally announced on May 15, 2012 is substantially maintained.

Dividend forecast per share for the fiscal year ending March 31, 2013

   
  Dividend per share
  Interim  (2Q end) Year-end Total
  JPY JPY JPY
Previous forecast (May 15, 2012) 1,750.00 1,750.00 3,500.00
Adjusted forecast (September 6, 2012) 1,750.00 8.75 1,758.75
Previous fiscal year (ended March 31, 2012) 1,500.00 1,750.00 3,250.00

3) Adjustment of number of shares to be issued upon exercise of stock acquisition rights

In connection with the stock split, number of shares to be issued per stock acquisition right upon exercise of stock acquisition rights shall be adjusted as follows after the record date.

   
  Number of shares to be issued upon exercise of stock acquisition rights
  Before adjustment After adjustment
Internet Initiative Japan Inc. Stock Acquisition Rights (1st series) (Resolved on June 28, 2011) 1 share 200 shares
Internet Initiative Japan Inc. Stock Acquisition Rights (2nd series) (Resolved on June 27, 2012) 1 share 200 shares

(5) Summary of the American Depositary Shares ("ADSs") Ratio Change

1) Current ratio: 1 ADS = 1 / 400 of a share of common stock of IIJ
    (400 ADSs = 1 share of common stock of IIJ)
2) New ratio: 1 ADS = 1 / 2 of a share of common stock of IIJ
    (2 ADSs = 1 share of common stock of IIJ)
3) Effective date: Monday, October 1, 2012 (US EST)
4) Temporarily close of the ADS depositary facility Wednesday, September 26, 2012 – Sunday, September 30, 2012 (US EST)
5) ADS depositary bank: The Bank of New York Mellon Corporation

(Note) In connection with the stock split and ADS ratio change, the ADS depositary facility at The Bank of New York Mellon Corporation will be temporarily closed for deposits of shares of common stock of IIJ for delivery of American Depositary Receipts ("ADRs") representing the ADSs and withdrawal of shares of common stock of IIJ upon surrender of ADRs from and including Wednesday, September 26, 2012 (JST), to and including Sunday, September 30, 2012 (US EST).

3. Adoption of the Unit Share System

(1) Size of the newly established share-trading unit

2 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
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!

Markets

DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs