Internet Initiative Japan Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended September 30, 2018; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2019
For the quarter, the company reported total revenues of JPY 46,258,012,000 against JPY 42,024,380,000 a year ago. Operating income was JPY 1,732,269,000 against JPY 1,191,138,000 a year ago. Net income attributable to company was JPY 1,732,017,000 against JPY 781,925,000 a year ago. Diluted net income per share was JPY 38.28 against JPY 17.29 a year ago. Income from operations before income tax expense and equity in net income of equity method was JPY 2,832,894,000 against JPY 1,306,192,000 for same period a year ago. Diluted net income per ADS equivalent was JPY 19.14 against JPY 8.65 a year ago. Net cash provided by operating activities was JPY 6,514,722,000 against JPY 2,864,896,000 a year ago. Purchase of property and equipment was JPY 1,857,768,000 against JPY 2,583,973,000 a year ago. Adjusted EBITDA was JPY 5,186 million against JPY 4,234 million a year ago. Capex, including capital leases was JPY 3,699 million against JPY 4,006 million a year ago.
For the year ending March 31, 2019, on consolidated basis, the company expects total revenue of JPY 190,000 million, operating income of JPY 7,000 million.