Internet Initiative Japan (TSE:3774) EBIT: 円36,648 Mil (TTM As of Mar. 2026)


TSE:3774 Internet Initiative Japan Inc TSE:3774
93 GF Score
Price 円3,479.00
GF Value 円3,332.08
Valuation Fairly Valued
! 6 Warning Signs
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What is Internet Initiative Japan EBIT?

Internet Initiative Japan TSE:3774 -0.88% 93 EBIT is 円36,648 Mil as of Mar. 2026. GuruFocus rates TSE:3774 with a GF Score™ of 93/100 and a GF Value™ of 円3,332.08 (Fairly Valued). The stock has 6 warning signs investors should review.

Internet Initiative Japan's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was 円10,929 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was 円36,648 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Internet Initiative Japan's annualized ROC % for the quarter that ended in Mar. 2026 was 11.04%. Internet Initiative Japan's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 47.50%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Internet Initiative Japan's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.98%.


Internet Initiative Japan  (TSE:3774) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Internet Initiative Japan's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=41692 * ( 1 - 24.9% )/( (282709 + 284710)/ 2 )
=31310.692/283709.5
=11.04 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Internet Initiative Japan's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=43716/( ( (81458 + max(5114, 0)) + (84224 + max(13273, 0)) )/ 2 )
=43716/( ( 86572 + 97497 )/ 2 )
=43716/92034.5
=47.50 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(50928 + 5471 + 36325) - (33483 + 0 + 54127)
=5114

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(62084 + 7132 + 38028) - (39597 + 0 + 54374)
=13273

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Internet Initiative Japan's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=36648/612387.087
=5.98 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Internet Initiative Japan EBIT Related Terms


Internet Initiative Japan EBIT Historical Data

* Premium members only.

The historical data trend for Internet Initiative Japan's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Internet Initiative Japan EBIT Chart

Internet Initiative Japan Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24,718.00 27,861.00 29,583.00 30,270.00 36,648.00

Internet Initiative Japan Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8,926.00 6,146.00 9,759.00 9,814.00 10,929.00

TSE:3774 vs TMUS, VZ, T: EBIT Comparison

For the Telecom Services subindustry, Internet Initiative Japan's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Internet Initiative Japan EV-to-EBIT vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Internet Initiative Japan's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Internet Initiative Japan's EV-to-EBIT falls into.


TSE:3774
93GF Score
Internet Initiative Japan Inc TSE:3774
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Internet Initiative Japan EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円36,648 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of 円36,648 Mil mean?
Internet Initiative Japan (TSE:3774) has a EBIT of 円36,648 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Internet Initiative Japan.
Is Internet Initiative Japan's EBIT too high?
Internet Initiative Japan's current EBIT is 円36,648 Mil. Overall, Internet Initiative Japan has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Internet Initiative Japan's EBIT compare to TMUS and VZ?
Internet Initiative Japan's EBIT of 円36,648 Mil can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Telecommunication Services company?
A good EBIT depends on the Telecommunication Services industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Internet Initiative Japan. Internet Initiative Japan's current EBIT is 円36,648 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Internet Initiative Japan stock overvalued right now?
Based on GuruFocus' analysis, Internet Initiative Japan (TSE:3774) is currently considered Fairly Valued. The stock's GF Value™ is 円3,332.08, compared to a current price of 円3,479.00 — trading 4.4% above its estimated fair value. The current EBIT is 円36,648 Mil. Internet Initiative Japan's overall GF Score™ is 93/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Internet Initiative Japan (TSE:3774), the current EBIT is 円36,648 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Internet Initiative Japan (TSE:3774) Overvalued in 2026?

Based on GuruFocus' analysis, Internet Initiative Japan stock appears to be overvalued. The current stock price of 円3,479.00 is trading 4.4% above its estimated GF Value™ of 円3,332.08. GuruFocus considers Internet Initiative Japan to be Fairly Valued.

Key valuation signals for TSE:3774:

  • EBIT: 円36,648 Mil
  • GF Value™: 円3,332.08 vs. price of 円3,479.00 (4.4% above fair value)
  • GF Score™: 93/100 with 6 warning signs

No single metric tells the full story. See the TSE:3774 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Internet Initiative Japan Business Description

Address Iidabashi Grand Bloom, 2-10-2 Fujimi, Chiyoda-ku, Tokyo, JPN, 102-0071
Internet Initiative Japan Inc. is a provider of a variety of services including Internet access, outsourcing, and systems integration. Its Internet access services span dial-up, mobile, and broadband technologies. Its wide area network services allow secure data sharing over Internet virtual private networks, independently developed routers, and closed wide area networks. Its outsourcing services include cloud, content delivery, data center, and security services. The firm generates nearly all its revenue in Japan.
93GF Score

Get the complete analysis for TSE:3774

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円3,479.00
Price
円3,332.08
GF Value