Regarding News Articles about IIJ’s Equity Method Investee
TOKYO, Jan. 14, 2022 (GLOBE NEWSWIRE) — Certain news articles such as The Nikkei (Nihon Keizai Shimbun) mentioned that DeCurret Holdings, Inc. (“DC Holdings”), an equity method investee of Internet Initiative Japan Inc. (“IIJ”) is planning to sell its subsidiary operating Cryptoasset Exchange Business, DeCurret Inc. and dedicate its business resources to Digital Currency Business through the remaining entity. However, as announced in DC Holdings’ press release published on January 14, 2022, as of today, while they are considering various options, no final decision has yet to be made.
IIJ’s financial targets (consolidated) for the fiscal year ending March 31, 2022 announced on November 5, 2021 remain unchanged even in the case this matter were to be decided.
DC Holdings press release can be found here: https://about.decurret.com/en/news/news-20220114.html
< About Internet Initiative Japan Inc. >
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, mobile services, security services, cloud computing services, and systems integration. Moreover, IIJ operates 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 First Section of the Tokyo Stock Exchange in 2006.
< IIJ Investor Relations >
E-mail: email@example.com URL: https://www.iij.ad.jp/en/ir
< Disclaimer >
Statements made in this press release regarding IIJ’s or managements’ intentions, beliefs, expectations, or predictions for the future are forward-looking statements that are based on IIJ’s and managements’ current expectations, assumptions, estimates and projections about its business and the industry. These forward-looking statements, such as statements regarding revenues, operating and net profitability are subject to various risks, uncertainties and other factors that could cause IIJ’s actual results to differ materially from those contained in any forward-looking statement.
Company name: Internet Initiative Japan Inc.
Company representative: Eijiro Katsu, President and Representative Director
(Stock Code Number: 3774, The First Section of the Tokyo Stock Exchange)
Contact: Akihisa Watai, Senior Managing Director and CFO