IIJ Announces Nine Months Financial Results For The Fiscal Year Ending March 31, 2013
"We executed our business strategy as planned this quarter," continued Suzuki. "The revenue and profit growth were driven primarily by the continuous demand for broader network bandwidth and the accumulation of systems integration orders. Cloud and overseas business, two of our future growth drivers, are still small portion of the total revenue, yet they are surely starting to contribute to the overall revenue growth. We are going to construct a second container type datacenter to meet the growing demand on cloud. We have enhanced the overseas cloud line-ups with the release of the cloud service for China in January, following the U.S. cloud service."
"Lastly, we decided to increase the year-end dividend along with our profit growth," concluded Suzuki.
3 rd Quarter FY2012 Financial Results Summary
| Operating Results Summary | |||
| 3Q11 | 3Q12 | YoY % Change | |
| JPY millions | JPY millions | ||
| Total Revenues | 70,752 | 76,690 | 8.4 |
| Network Services | 47,242 | 48,515 | 2.7 |
| Systems Integration (SI) | 21,709 | 25,601 | 17.9 |
| Equipment Sales | 879 | 867 | (1.3) |
| ATM Operation Business | 922 | 1,707 | 85.0 |
| Total Costs | 56,654 | 61,165 | 8.0 |
| Network Services | 37,587 | 37,972 | 1.0 |
| Systems Integration (SI) | 17,267 | 20,994 | 21.6 |
| Equipment Sales | 787 | 749 | (4.7) |
| ATM Operation Business | 1,013 | 1,450 | 43.2 |
| SG&A Expenses and R&D | 10,100 | 10,482 | 3.8 |
| Operating Income | 3,998 | 5,043 | 26.1 |
| Income before Income Tax Expense | 3,780 | 4,946 | 30.8 |
| Net income attributable to IIJ | 2,390 | 3,112 | 30.2 |
| Segment Summary | ||
| 3Q11 | 3Q12 | |
| JPY millions | JPY millions | |
| Net Revenues | 70,752 | 76,690 |
| Network services and SI business | 70,204 | 75,399 |
| ATM operation business | 922 | 1,707 |
| Elimination | 374 | 416 |
| Operating Income (Loss) | 3,998 | 5,043 |
| Network service and SI business | 4,250 | 4,965 |
| ATM operation business | (194) | 164 |
| Elimination | 58 | 86 |
We have omitted segment analysis because most of our revenues are dominated by Network services and Systems Integration (SI) business.
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