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Notice Regarding Stock Split and Partial Amendment to the Articles of Incorporation

Written by Customer Service on . Posted in Public Companies.

TOKYO, Nov. 09, 2020 (GLOBE NEWSWIRE) — Internet Initiative Japan Inc. (“IIJ”, TSE1: 3774) announces that IIJ’s Board of Directors today resolved a stock split and partial amendment to the Articles of Incorporation, as indicated below.
1. Purpose of the Stock Split
The objective of the stock split is to enhance the liquidity of IIJ’s common stock and expand its investor base by reducing the trading price per share of IIJ’s common stock. As a result of the stock split, the investment unit amount of IIJ’s common stock will be one half (1/2) of the previous amount.2. Summary of the Stock Split
(1) Method of the stock split
The stock split shall have a record date of Thursday, December 31, 2020 and shall involve the splitting of common shares held by shareholders whose names are appeared or recorded in the latest Registry of Shareholders on the record date at a ratio of 1:2.(5) Summary of the American Depositary Receipts (“ADRs”) Ratio Change
3. Partial Amendment to the Articles of Incorporation
(1) Reason for the amendment
Effective January 1, 2021, the total number of shares of IIJ’s common stock authorized to be issued under Article 6 of IIJ’s Articles of Incorporation will be changed pursuant to Article 184, Paragraph 2, of the Companies Act of Japan in connection with the stock split.(3) Schedule
Effective Date: Friday, January 1, 2021< 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 >Tel: +81-3-5205-6500　E-mail: ir@iij.ad.jp　URL: https://www.iij.ad.jp/en/ir 

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