Regarding press articles on the IIJ’s equity method
TOKYO, Jan. 14, 2022 (GLOBE NEWSWIRE) — Some news articles such as The Nikkei (Nihon Keizai Shimbun) reported that DeCurret Holdings, Inc. (“DC Holdings”), an equity-accounted entity of Internet Initiative Japan Inc. (“IIJ”) is considering selling its subsidiary operating Cryptoasset Exchange Business, DeCurret Inc. and to devote its business resources to Digital Currency Business through the remaining entity. However, as announced in DC Holdings’ press release issued on January 14, 2022, as of this writing, as they consider various options, no final decision has yet been made.
The IIJ’s (consolidated) financial targets for the year ending March 31, 2022 announced on November 5, 2021 remain unchanged even if this matter is decided.
The DC Holdings press release is available here: https://about.decurret.com/en/news/news-20220114.html
Founded in 1992, IIJ is one of Japan’s leading providers of Internet access and complete network solutions. IIJ and its group companies provide comprehensive network solutions that primarily cater to high-end enterprise customers. IIJ’s services include high-quality Internet connectivity services, mobile services, security services, cloud computing services and systems integration. Additionally, IIJ operates one of the largest internet backbone networks in Japan which is connected to the US, UK and Asia. IIJ was listed on the first section of the Tokyo Stock Exchange in 2006.
Email: [email protected] URL: https://www.iij.ad.jp/en/ir
Statements made in this press release regarding the IIJ’s or management’s intentions, beliefs, expectations or forecasts for the future are forward-looking statements based on the IIJ’s current expectations, assumptions, estimates and projections. IIJ and management regarding its business and the industry. These forward-looking statements, such as statements regarding revenues, operations 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 statement. prospective.
Company name: Internet Initiative Japan Inc.
Company representative: Eijiro Katsu, Chairman and Managing Director
(Stock code number: 3774, the first section of the Tokyo Stock Exchange)
Contact: Akihisa Watai, Senior Managing Director and Chief Financial Officer