President Message

December 2024

We would like to express our gratitude for your continued support.

Our group has started the new mid-term plan "IIJ Group Mid-term Plan (FY2024-FY2026)" from this fiscal year. We are expanding our business based on three pillars: "further enhancement of the existing core business areas," "creation for new growth area," and "enhancement of business foundation to support future growth." In conjunction with the announcement of the new mid-term plan, we also disclosed "Mid-to-Long Term Vision" that includes growth to a consolidated total revenue of JPY500.0 billion as a milestone.

In the first half of the fiscal year ending March 31, 2025 (1H24), there were continued strong demands including internal and external network reconstruction by enterprises and government agencies. We addressed these demands through "Service Integration" model which offers our accumulated in-house developed network services together with systems integration in front. As a result, we secured many large-scale projects of several billion yen each. Consolidated financial results for 1H24 progressed as planned with total revenues of JPY147.02 billion, up 14.7% year over year (YoY) and operating profit of JPY11.78 billion, down 2.5% YoY. Although the revision of VMware products' pricing structure led to large cost increases from the beginning of the fiscal year, the operating profit for 2Q24, three-month period, returned to a YoY growth by absorbing the impact. We also continue to focus on expanding human resources, and the number of employees exceeded 5,000 on a consolidated basis in 1H24. As for the creation for new growth area, DeCurret DCP Inc., an affiliated company, has started the Japan’s first digital currency platform service for DCJPY in August, 2024, and its parent company, DeCurret Holdings, Inc., raised additional capital of JPY6.35 billion from its business partners for further business expansion.

Enterprises and government agencies' networks and systems are gradually shifting to multi-functional and secure ones by utilizing Internet technologies such as cloud, security and remote access, and in line with this trend, our group's business area is further expanding. By leveraging our reliable and value-added network operations capability we have cultivated over the years as our key differentiator, we will continue to support the advancement of Japan's network society, achieving the efficiency of society as a whole and our business expansion.

We sincerely appreciate your continued understanding and support.