IIJ Announces the Distribution of Retained Earnings
24 May 2018 - 4:04PM
Internet Initiative Japan Inc. ("IIJ") (NASDAQ:IIJI) (TSE1:3774)
announced that IIJ’s Board of Directors today resolved upon the
dividends to be paid from retained earnings to shareholders on the
record date of March 31, 2018, as indicated below.
The distribution of retained earnings is subject
to the approval of IIJ’s 26th Ordinary General Meeting of
Shareholders that will be held on June 28, 2018 in Tokyo.
1. Dividend
|
FY2017 Year-end dividend |
Latest forecast (released on May 15, 2018) |
FY2016 Year-end dividend |
Record date |
March 31, 2018 |
March 31, 2018 |
March 31, 2017 |
Dividend per common share |
JPY13.50 |
JPY13.50 |
JPY13.50 |
Total dividend amount |
JPY608 million |
- |
JPY608 million |
Effective date |
June 29, 2018 |
- |
June 29, 2017 |
Dividend resource |
Retained earnings |
- |
Retained earnings |
2. Reason
IIJ’s basic policy for the return of profit to
shareholders is to maintain stable and continuous dividends to
shareholders while giving full consideration to securing its funds
to strengthen its financial position and to prepare for its
operation and business development.
Considering the basic policy, we decided to pay
JPY13.50 per common share as FY2017 year-end dividend. This matter
is scheduled to be resolved at IIJ’s 26th Ordinary General Meeting
of Shareholders scheduled for June 28, 2018.
<Reference> Annual dividend payments
|
Dividend per common share |
Record date |
Interim dividend |
Year-end dividend |
Total: Annual dividend |
Year ended March 31, 2018 |
JPY13.50 (paid) |
JPY13.50 |
JPY27.00 |
Year ended March 31, 2017 |
JPY13.50 (paid) |
JPY13.50 (paid) |
JPY27.00 |
About IIJ
Founded in 1992, IIJ is one of Japan's leading
Internet-access and comprehensive network solutions providers. IIJ
and its group companies provide total network solutions that mainly
cater to high-end corporate customers. IIJ's services include
high-quality Internet connectivity services, systems integration,
cloud computing services, security services and mobile services.
Moreover, IIJ has built one of the largest Internet backbone
networks in Japan that is connected to the United States, the
United Kingdom and Asia. IIJ listed on the U.S. NASDAQ Stock Market
in 1999 and on the First Section of the Tokyo Stock Exchange in
2006.
The statements within this release contain forward-looking
statements about our future plans that involve risk and
uncertainty. These statements may differ materially from actual
future events or results. Readers are referred to the documents
furnished by Internet Initiative Japan Inc. with the SEC,
specifically the most recent reports on Forms 20-F and 6-K, which
identify important risk factors that could cause actual results to
differ from those contained in the forward-looking statements.
For inquiries, contact:IIJ Investor Relations
Tel: +81-3-5205-6500 E-mail: ir@iij.ad.jp URL:
https://www.iij.ad.jp/en/ir
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