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    3774   JP3152820001

INTERNET INITIATIVE JAPAN INC.

(3774)
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Delayed Japan Exchange  -  12:48 2022-12-09 am EST
2444.00 JPY   +2.47%
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Internet Initiative Japan Inc. : IIJ Group Launches Cloud Service in China

01/20/2013 | 08:51pm EST

IIJ teams up with China's two largest telecom carriers to provide the world's first low latency cloud service

January 21, 2013
Internet Initiative Japan Inc.
IIJ Global Solutions Inc.

TOKYO-January 21, 2013-Internet Initiative Japan Inc. (IIJ, NASDAQ: IIJI, TSE1: 3774), one of Japan's leading Internet access and comprehensive network solutions providers, and 100% owned IIJ subsidiary IIJ Global Solutions Inc. (IIJ Global)-provider of WAN services for corporate clients-today announced the release of IIJ GIO CHINA Service through IIJ Global's Shanghai subsidiary, IIJ Global Solutions China Inc.

The IIJ GIO CHINA Service is a cloud service that offers a choice of virtual servers or dedicated servers. IIJ had already been providing the pilot service since September 2012, and today marks the release of the official service. With the virtual server option, customers can select the CPU, RAM size, disk size, and OS for the low price of 350 yuan per month. The equipment for this service is located in the Shanghai data center, and the service provides customer support in Chinese, Japanese, and English. Customers do not have to provide their own equipment, which makes it quick and easy to establish a server environment in China.

The Internet infrastructure for this service is provided by China's two largest telecommunications carriers, China Telecom, and China Unicom, both headquartered in Beijing, providing low-latency communications. In the past, communications that straddle the networks of both these carriers experienced latency and interruptions (the North-South problem in telecommunications). With this service, IIJ is able to automatically find the fastest connection for the customer. This is the first cloud service in the world to provide this method of connectivity.

IIJ has been operating the IIJ GIO Service in Japan since 2009, and it is currently used by more than 800 corporations. The demand for cloud services in China is also expected to be high, and we have been working on the development of services since March 2012. Using IIJ's expertise in operating cloud services in Japan, we will provide the same level of quality and flexibility in the China as we do in Japan.

IIJ GIO China Service Options
Base server V Series (virtual server) X Series (physical server)
Grade V10 V20 V40 V80 V160 X120
CPU Performance index (ICU)(*) 1ICU 2ICU 4ICU 8ICU 16ICU 24ICU
Memory 1GB 2GB 4GB 8GB 16GB 48GB
Disk space 30GB(IP-SAN) 300GB(RAID1)
Additional disk space(billed separately) It is possible to add two of the following on one base server: 100GB, 300GB, 500GB -
NIC 4
Internet connection North-South problem resolution configuration
OS CentOS/Windows
  1. (*)24 ICU is the equivalent of 6 cores x 2

When China Telecom users visit public sites hosted by China Unicom, it is most likely that they have to go through an overseas ISP and that would make the access speed slower. The same is true for user's of China Unicom when they try to connect to sites hosted by China Telecom.

2.After the introduction of the IIJ GIO CHINA Service

When China Telecom users connect to a public site, they are routed through China Telecom. When China Unicom users connect to a public site, they are routed through China Unicom.

About IIJ

Founded in 1992, Internet Initiative Japan Inc. is one of Japan's leading Internet-access and comprehensive network solutions providers. IIJ and its group of companies provide total network solutions that mainly cater to high-end corporate customers. The company's services include high-quality systems integration, Cloud computing/data center services, security services, Internet access, and content distribution. Moreover, the company has built one of the largest Internet backbone networks in Japan, and between Japan and the United States. IIJ listed on NASDAQ in 1999 and on the First Section of the Tokyo Stock Exchange in 2006. For more information about IIJ, visit the IIJ Web site at http://www.iij.ad.jp/en/.

About IIJ Global Solutions

IIJ Global Solutions, Inc., was established in September 2010 to take over the Japan network service business from AT&T Japan. In addition to domestic network outsource services business and all cloud-based managed services, IIJ Global Solutions also leads the group's international businesses and provides international network-related services. In January 2012, they established the subsidiary IIJ Global Solutions China, Inc., in Shanghai. For more information on IIJ Global Solutions, see http://www.iijglobal.co.jp/en/.

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 media inquiries, please contact:
  • +81-3-5259-6310
  • +81-3-5259-6311
  • press@iij.ad.jp
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Analyst Recommendations on INTERNET INITIATIVE JAPAN INC.
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Financials
Sales 2023 252 B 1 848 M 1 848 M
Net income 2023 19 212 M 141 M 141 M
Net cash 2023 35 906 M 263 M 263 M
P/E ratio 2023 22,4x
Yield 2023 1,25%
Capitalization 431 B 3 155 M 3 155 M
EV / Sales 2023 1,57x
EV / Sales 2024 1,41x
Nbr of Employees 4 355
Free-Float 57,5%
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Number of Analysts 6
Last Close Price 2 385,00 JPY
Average target price 2 859,17 JPY
Spread / Average Target 19,9%
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Managers and Directors
Koichi Suzuki Chairman & Co-Chief Executive Officer
Eijiro Katsu President, Co-CEO, COO & Representative Director
Akihisa Watai Chief Financial Officer & Senior Managing Director
Junichi Shimagami Director, CTO & General Manager-Network
Naoshi Yoneyama MD, Chief Information Officer & GM-Planning
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