Internet Initiative Japan H1 Operating Income To Be Weaker Than Prior Estimate

(RTTNews) - Internet Initiative Japan Inc. (IIJI) said its first-half operating income is expected to be approximately 0.9 billion yen weaker than its prior estimate, and is now targeted at 1.95 billion yen. First-half total revenues are expected to be at 74.12 billion yen, slightly ahead of initial expectation.

For fiscal 2016, operating income is expected to be 5.0 billion yen, 2.3 billion yen weaker than initial expectation. Fiscal 2016 total revenues are now expected to be 158.0 billion yen.

The dividend targets remain unchanged: annual cash dividend 27.00 yen per ordinary share. The distribution of the interim dividend was resolved by the IIJ's Board as 13.50 yen per ordinary share.