Information on our Stock

Q1 Which stock market is IIJ listed on?

IIJ was listed on the First Section of the Tokyo Stock Exchange and transitioned to the Prime Market on April 4, 2022 under the new market segment of the Tokyo Stock Exchange.

As announced in "Notice Regarding Effectiveness of Delisting ofe NASDAQ Exchange American Depositary Shares from the NASDAQ Exchange" which was announced on April 22, 2019, the voluntary delisting of IIJ's ADSs from NASDAQ became effective on April 22. Even after delisting its ADSs from the NASDAQ, IIJ maintains its American Depositary Receipt Program in the U.S.A. through a depositary bank; therefore, IIJ's ADSs should continue to be traded in the U.S. on the over-the-counter market.

Q2 When was IIJ listed on the Tokyo Stock Exchange?

IIJ was listed on the Mothers Market of the Tokyo Stock Exchange on December 2, 2005, transferred to the First Section of the Tokyo Stock Exchange on December 14, 2006, and transitioned to the Prime Market on April 4, 2022 under the new market segment of the Tokyo Stock Exchange.

Q3 Why was IIJ "dually" listed on both the NASDAQ market and the Tokyo Stock Exchange?

IIJ first listed on the NASDAQ market as that was where Internet-related companies were listed and the U.S. was ahead of Japan in that field. 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 is in Japan and we strongly felt the need to increase our name value.

As announced in "Notice Regarding Effectiveness of Delisting ofe NASDAQ Exchange American Depositary Shares from the NASDAQ Exchange" which was announced on April 22, 2019, the voluntary delisting of IIJ's ADSs from NASDAQ became effective on April 22. Even after delisting its ADSs from the NASDAQ, IIJ maintains its American Depositary Receipt Program in the U.S.A. through a depositary bank; therefore, IIJ's ADSs should continue to be traded in the U.S. on the over-the-counter market.

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 "100".

Q5 What is the ticker symbol for the U.S. Over-the-Counter Market and the ratio of ADS per IIJ'scommon share?

The ticker symbol is IIJIY. The current ADS/share ratio is 1 ADS per 2 shares of IIJ's common stock.

As announced in "Notice Regarding Effectiveness of Delisting of NASDAQ Exchange American Depositary Shares from the NASDAQ Exchange" which was announced on April 22, 2019, the voluntary delisting of IIJ's ADSs from NASDAQ became effective on April 22. Even after delisting its ADSs from the NASDAQ, IIJ maintains its American Depositary Receipt Program in the U.S.A. through a depositary bank; therefore, IIJ's ADSs should continue to be traded in the U.S. on the over-the-counter market.

Q6 What is ADR?

An American Depositary Receipt (ADR) is a stock that is traded 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 (American Depositary Share).

Q7 I'd like to know about IIJ's number of shares issued and outstanding.

Please refer to Overview of IIJ's Shares of Common Stock.

Q8 I'd like to know about IIJ's major shareholders and its ownership

Please see Major Shareholders and its Ownership.

Q9 I'd like to know more about IIJ's dividend policies.

The basic dividend policy of IIJ is that IIJ pays dividends to its shareholders continuously and stably while considering the need to have retained earnings for the enhancement of financial position, med-tolong term business expansion, future business investment and others. Based on the Articles of Incorporation of IIJ, the frequency of dividend payments is twice each fiscal year, an interim dividend and a year-end dividend. The interim dividend is decided by the meeting of the board directors of IIJ and the year-end dividend is approved at IIJ’s general meeting of shareholders.
Please refer to Dividend.

During the FY2024-FY2026 mid-term plan, we set the dividend payout ratio target as 30% based on our capital allocation plan which considers an increase in capital investment for further business growth and working capital along with an increase in the acquisition of large-scale projects. As for the details, please refer to “IIJ Group Mid-term Plan (FY2024-FY2026) and Mid-to-Long Term Vision,” which was disclosed on May 10, 2024.

Q10 I'd like to know about IIJ's plan on repurchase of own shares.

We conducted the repurchase of our own shares on May 19, 2023. in accordance with the resolution of the meeting of our Board of Directors held on May 18, 2023. The number of shares repurchased was 3,928,500 shares and aggregate repurchased amount was JPY11,400,507 thousand. The previous repurchase of our own shares before this one was implemented between November 7, 2016 and January 31, 2017, in accordance with the resolution of the meeting of our Board of Directors held on November 4, 2016. The number of shares repurchased was 892,200 shares and aggregate repurchased amount was JPY1,499,933 thousand. For more information, please see below.