Information on our Stock

Q1 Which stock market is IIJ listed on?

IIJ is listed on the First Section of the Tokyo Stock Exchange and the U.S. NASDAQ Stock Market.

Q2 When was IIJ listed on the Tokyo Stock Exchange?

Listed on the Mothers Market of the Tokyo Stock Exchange on December 2, 2005 and was transferred to the First Section on December 14, 2006.

Q3 Why was IIJ listed on the Tokyo Stock Exchange?

After listing on the U.S. NASDAQ Stock Market, IIJ decided to list on the Tokyo Stock Exchange as most of IIJ's client base are in Japan and we strongly felt the need to increase our name value.

Q4 What is IIJ's securities code in Japan and its minimum number of stocks allowed per trade?

Securities code is "3774" and the minimum number of stock allowed per trade is "1".

Q5 When was IIJ listed on the U.S. NASDAQ Stock Market?

On August 4, 1999.

Q6 I'd like to know why IIJ chose to list on the U.S. NASDAQ Stock Market.

When IIJ listed on the U.S. NASDAQ Stock Market in 1999, the listing of Internet related companies were still very rare in Japan where as in the U.S. many were raising money in the capital market. Also, as the most advanced internet technology were still coming from the U.S. companies, we felt the need to strengthen our business tie-up with U.S. companies and to do so, we needed the name value which lead us to list on the U.S. NASDAQ Stock Market.

Q7 What is the ticker symbol for U.S. NASDAQ Stock Market?

The ticker symbol is IIJI.

Q8 What is ADR?

An American depositary receipt (ADR) is a stock that trades in the United States but represents a specified number of shares in a foreign corporation. ADRs are bought and sold on American markets just like regular stocks, and are issued/sponsored in the U.S. by a bank or brokerage. The Bank of New York Mellon is depositary for our ADSs.

Q9 I'd like to know about IIJ's number of shares issued and outstanding.

Number of shares issued and outstanding is 206,478 shares as of March 31, 2012. The current ADS/share ratio is 400 ADSs per 1 share of IIJ's common stock. For details please refer to Overview of IIJ's Shares of Common Stock.

Q10 I'd like to know about IIJ's major shareholders and its ownership

Please see Major Shareholders and its Ownership.

Q11 I'd like to know more about IIJ's dividend policies.

We seek for a stable dividend payouts while giving full consideration to such factors as the strategic investments necessary to secure medium- to long-term growth. Dividends were and are scheduled as follows;

• FY2012(Planned): total 3,500 yen per share (interim: 1, 750 yen, year-end: 1,750 yen)
• FY2011(Scheduled): total 3,250 yen per share (interim: 1, 500 yen, year-end: 1,750 yen)
• FY2010: total 2,750 yen per share (interim: 1,250 yen, year-end: 1,500 yen)
• FY2009: total 2,250 yen per share (interim: 1,000 yen, year-end: 1,250 yen)
• FY2008: total 2,000 yen per share (interim: 1,000 yen, year-end: 1,000 yen)
• FY2007: total 1,750 yen per share (interim: 750 yen, year-end: 1,000 yen)

* IIJ's 1 common stock is equivalent to 400 ADRs.

Q12 I'd like to know about IIJ's plan on repurchase of own shares.

IIJ has conducted the repurchase of it's own shares which was authorized at the meeting of IIJ's Board of Directors held on October 28, 2008. For details please see Press Release Materials (PDF).

We sold 140 shares of 3,934 and As of September 30, 2011, the Company held 3,794 shares of the Company as treasury stock.

Currently, we have no other concrete plan on repurchase of own shares.