Internet Initiative Japan Inc. · TSE:3774

Internet Initiative Japan — FY2009 Earnings Presentation

24 slides from Internet Initiative Japan's earnings presentation, May 14, 2010

  1. Slide 1: Internet Initiative Japan Inc. FY2009 Results

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  2. Slide 2: . 2010 . 2010 . 2011 .

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  3. Slide 3: . 2010            

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  4. Slide 4: Income statement summary FY09 vs FY08

    -1. 2010 3  FY09 FY08  680.1 697.3 2.5% 79.5% 80.5%  540.5 561.5 3.7%  20.5% 19.5% 139.6 135.9 2.7%  15.5% 15.3% 105.4 106.7 1.2% 5.0% 4.2%  34.1 29.2 16.9% 4.2% 2.9% 40.5%  28.6 20.3 3.3% 2.0%  22.3 14.2 57.4% 3

  5. Slide 5: Total revenues

    -2. ATM FY07: 66,835 FY08: 69,731 FY09: 68,006 19,694 18,486 18,942 318 98 18,359 4 6 16,926 17,535 259 16,441 399 234 16,328 6 15,835 16,038 16,294 6 202 5 286 4,644 137 173 31 129 70 5,219 391 238 7 13,696 5,920 5,380 3,254 3,724 2,344 3,036 1,804 1,987 490 4,168 2,553 4,898 4,761 4,715 4,555 4,68

  6. Slide 6: Network services revenues

    -3. ATM 28.9% 28.1% 27.8% 26.7% 25.5% 26.2% 25.7% 24.6% 23.5% 23.3% 21.6% 23.1% 21.6% 22.0% 21.0% 21.4% 21.1% 20.1% 19.7% 19.1% 19.2% 18.9% 18.5% 18.6% 18.3% 18.6% 18.3% 17.5% 16.9% 16.3% 16.7% 16.2% 16.5% 15.9% 15.4% 16.0% FY07 : 52,883 FY08 : 56,146 FY09 : 54,051 14,891 15,358 14,851 14,221 13,782

  7. Slide 7: Revenues by service

    -4. 619.8 647.2 650.4 584.7 530.5 449.1 476.6 392.4 422.1 330.3 334.9 346.0 FY09: 36,973 FY08: 35,076 FY07: 31,303 4,020 3,979 4,027 4,093 4,172 3,772 3,914 3,681 3,690 3,439 3,512 3,092 1,648 1,678 1,698 1,712 1,724 1,720 1,622 1,596 1,615 1,489 1,513 806 2,973 3,009 3,023 3,144 3,110 3,218 3,378 3

  8. Slide 8: Revenues by service

    -4. FY08 : 29,318 FY09 : 30,534 7,466 7,651 7,661 7,567 7,655 7,276 7,510 7,065    7

  9. Slide 9: System integration revenues

    -5. SI SI SI FY07 : 18,025 FY08 : 14,659 FY09 : 11,354 9,234  7,717 7,409  4,762 5,081 5,500 5,297 4,236 4,428 3,844  3,164 2,863   2,553 4,168 5,920 5,384 3,036 3,254 3,724 4,644 1,804 2,344 1,987 5,219 1Q07 2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 4Q09 SI 7,240 6,077 4,494 2,972 3,59

  10. Slide 10: System integration revenues

    -5. SI FY08 :25,543 FY09 : 21,904 6,326 7,152 6,154 6,326 6,024 5,174 4,876 4,702    9

  11. Slide 11: Cost of revenues and expenses

    -6. FY07 : 9,193 FY08 : 10,668 FY09 : 10,544 2,978 2,931 15.7% 14.9% 2,614 2,647 72 2,458 2,550 2,526 199 16.7% 2,540 16.0% 2,426 2,372 13.3% 15.1% 14.4% 15.8% 2,301 12.9% 59 77 14.8% 14.1% 85 73 78 2,062 61 86 60 63 15.1% 1,382 56 1,654 1,245 1,128 7.0% 1,383 1,286 1,298 1,071 1,185 1,220 1,153 8.7

  12. Slide 12: Cost details

    -7. 1,673 1,700 1,699 1,687 1,602 228 255 266 263 229 15.0% 1,373 173 1,155 18.0% 987 129 67.0% 127 1,373 1,445 1,445 1,433 1,424 1,200 1,026 860 2,771 2,733 2,728 2,887 (17.5%) (16.6%) (17.0%) (14.7%)    11

  13. Slide 13: Operating income

    -8.  FY07 4,759 FY08 2,917 FY09 3,412 FY07 FY08 FY09 9.8% 5,177 1,419 2,234 6.9% 7.1% 6.2% 5.7% 5.0% 4.8% 5.0% 5.2%  3.5% 2.2% 2,907 2.5%  1,807 1,404  1,125 1,136 1,089 1,0731,065 1,101 839 815 841 692 594 571 611 535  411 351 418 169 198 180  (13) 1Q07 2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 1Q09

  14. Slide 14: -9. SI FY09 : 14,713 FY08 : 13,984 21.7% 20.1%   FY09 :

    -9. SI FY09 : 14,713 FY08 : 13,984 21.7% 20.1%   FY09 : 4,412 FY08 : 3,616 6.5% 5.2%    13

  15. Slide 15: Year-over-year changes

    -10. YoY ATM SI ATM FY09 +681 +63 14 +67 358 (+11.8%) (+0.8%) ( 11.8%) (+0.7%) +56 FY08 +797 302 (+22.0%) 3,412 2,917 14

  16. Slide 16: Balance sheet

    -11. 8,764 10,188 1,423 11,397 10,257 +1,140  808 530 +278 1,593 1,772 179   1,571 762 +809  2,582 1,915 +667 12,970 13,173 203  5,459 5,841 383  685 2,253 1,568 4,450 7,350 2,900  16,720 18,549 +1,829  169 321 +489  27,320 25,169 +2,150 51,115 52,301 1,186 15

  17. Slide 17: Cash flows

    -12. FY07 : 4,538 FY08 : 8,631 FY09 : 9,621 4,083 3,280 3,360  2,164 2,628 2,018 1,987 1,444 1,346 1,468  338   (1,328) 1Q07 2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 4Q09 FY07 : 5,444 FY08 : 3,328 FY09 : 3,788  (711) (380) (402) (693) (832) (892) (1,105) (1,000) (990)  (825) (1,210) (

  18. Slide 18: CAPEX and Adjusted EBITDA

    -13. CAPEX Adjusted EBITDA CAPEX FY07 : 6,078 FY08 : 7,006 FY09 : 5,584 2,685 2,232 1,831 1,832 1,752 1,546 1,489 Adjusted EBITDA 1,242 1,218 1,058 1,124 FY07 : 9,534 FY08 : 8,348 FY09 : 8,718 658 3,101 2,777 2,550 2,316 2,379 2,193 2,099 2,132 1,948 1Q07 2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 1Q09 2Q09

  19. Slide 19: FY2010 forecast

    . 2011 3 71,000 68,006 2,994 4.4% 4,300 3,412 888 26.0% 3,700 2,859 841 29.4% 2,600 2,234 366 16.4% 12,837 11,030 1,807 16.4% 2,500 2,250 250 11.1%     18

  20. Slide 20: Green data center PUE

    -1.   Partial PUE PUE GreenGrid   19

  21. Slide 21: Business topics

    -2.      SaaS CRM 171 INVITO mobile 30% IIJ   SMF (SEIL Management Framework) 2006 SMF-LAN 2007 2009  SMF USB D31HW 120FU 20

  22. Slide 22: Business topics

    -3. 2010 4 LAN 100% IIJ America Inc. IIJ 73.3% ATM GDX Japan 62.3% 32% 30% 45% 21

  23. Slide 23: )... Internet Initiative Japan inc.

    )... Internet Initiative Japan inc. -A, 4Q09 CC TTT OOOO —_— ll il] eT Ti @ 2009 Internet Initiative Japan inc

  24. Slide 24: Investor relations contact

    101-0051 1-105 TEL: 03-5259-6500 FAX: 03-5259-6311 URL: http://www.iij.ad.jp/IR E-Mail: ir@iij.ad.jp

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