INTERNET INITVE JAPAN ADR

The following are today's upgrades for Validea's Growth/Value Investor model based on the published strategy of James P. O'Shaughnessy. This two strategy approach offers a large-cap value model and a growth approach that looks for persistent earnings growth and strong relative strength.
INTERNET INITIATIVE JAPAN INC (IIJIY) is a mid-cap growth stock in the Business Services industry. The rating according to our strategy based on James P. O'Shaughnessy changed from 50% to 100% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Internet Initiative Japan Inc is a Japan-based company mainly engaged in the development of Internet business. The Company operates in two business segments. The Network Services and System Integration (SI) segment is mainly engaged in the provision of a combination of network services and system integration services, which mainly consist of Internet connection services, wide area network (WAN) services and outsourcing services, as well as the provision of comprehensive solutions. The Automated Teller Machine (ATM) Operation segment is engaged in the operation of bank ATMs and network systems.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
MARKET CAP:
PASS
EARNINGS PER SHARE PERSISTENCE:
PASS
PRICE/SALES RATIO:
PASS
RELATIVE STRENGTH:
PASS
Detailed Analysis of INTERNET INITIATIVE JAPAN INC
IIJIY Guru Analysis
IIJIY Fundamental Analysis
James P. O'Shaughnessy Portfolio
About James P. O'Shaughnessy: Research guru and money manager James O'Shaughnessy forced many professional and amateur investors alike to rethink their investment beliefs when he published his 1996 bestseller, What Works on Wall Street. O'Shaughnessy back-tested 44 years ofstock market datafrom the comprehensive Standard & Poor's Compustat database to find out which quantitative strategies have worked over the years and which haven't. To the surprise of many, he concluded that price/earnings ratios aren't the best indicator of a stock's value, and that small-company stocks, contrary to popular wisdom, don't as a group have an edge on large-company stocks. Today O'Shaughnessy is the Chief Investment Officer of O'Shaughnessy Asset Management.
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Validea James P. O'Shaughnessy Strategy Daily Upgrade Report - 4/16/2025

(RTTNews) - Internet Initiative Japan Inc. (IIJIY) on Friday reported higher profit and revenues in the first nine months of fiscal 2024. Further, the company maintained its fiscal 2024 outlook.
For the nine-month period, the internet services provider's net profit attributable to owners of the parent grew 6.2 percent to 13.79 billion Japanese yen from last year's 12.98 billion yen. Earnings per share grew to 77.53 yen from 72.72 yen last year.
Profit before tax increased 4.8 percent year-over-year to 20.59 billion yen, and operating profit grew 2.1 percent to 20.71 billion yen.
Total revenues climbed 14 percent to 229.31 billion yen from last year's 201.10 billion yen.
For fiscal 2024, the company continues to expect attributable net profit of 20.6 billion yen, up 3.9 percent from last year, operating profit of 32.0 billion yen, a growth of 10.2 percent year-over-year, and total revenues of 312.0 billion yen, up 13.0 percent from last year.
In Japan, Internet Initiative Japan shares were trading at 2,898.50 yen, down 2.23 percent.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Internet Initiative Japan 9-month Profit, Revenues Rise; Confirms FY24 Outlook

(RTTNews) - Shares of Internet Initiative Japan Inc. (IIJIY) were losing around 2 percent in Japan after the internet service provider on Friday reported weak profit in its first half, despite higher revenues. Further, the company maintained its fiscal 2024 outlook.
For the first half, net profit attributable to owners of the parent fell 10.2 percent to 7.47 billion Japanese yen from last year's 8.32 billion yen. Earnings per share dropped to 42.03 yen from 46.53 yen last year.
Profit before tax declined 11.4 percent year-over-year to 11.12 billion yen, and operating profit fell 2.5 percent to 11.78 billion yen.
Total revenues, however, grew 14.7 percent to 147.02 billion yen from last year's 128.20 billion yen.
For fiscal 2024, the company continues to expect attributable net profit of 20.6 billion yen, up 3.9 percent from last year, operating profit of 32.0 billion yen, a growth of 10.2 percent year-over-year, and total revenues of 312.0 billion yen, up 13.0 percent from last year.
In Japan, Internet Initiative Japan shares were trading at 2,926.00 yen, down 1.8 percent.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Internet Initiative Japan H1 Profit Down, Revenues Rise; Confirms FY24 Outlook; Stock Drops

(RTTNews) - Shares of Internet Initiative Japan Inc. (IIJIY) were gaining more than 14 percent in Japan after the internet service provider on Wednesday reported higher revenues in its first quarter, and revised fiscal 2024 outlook. The company, meanwhile, reported weak profit in the quarter.
For the first quarter, net profit attributable to owners of the parent fell 7.3 percent to 3.32 billion Japanese yen from last year's 3.58 billion yen.
Profit before tax declined 8.1 percent year-over-year to 5.04 billion yen, and operating profit fell 10.4 percent to 4.48 billion yen.
Total revenues, however, grew 17.3 percent to 72.02 billion yen from last year's 61.42 billion yen.
For fiscal 2024, the company now expects attributable net profit of 20.6 billion yen, up 3.9 percent from last year, operating profit of 32.0 billion yen, a growth of 10.2 percent year-over-year, and total revenues of 312.0 billion yen, up 13.0 percent from last year.
The company previously expected net profit of 19.9 billion yen to 21.9 billion yen, up 0.3 to 10.4 percent year-over-year, operating profit of 30.0 billion yen to 33.0 billion yen, up 3.3 percent to 13.7 percent from last year, and revenues of 312.0 billion yen to 315.0 billion yen, up 13.0 to 14.1 percent year-over-year.
Eijiro Katsu, President of IIJ, said, "Considering the current progress, we have revised our FY2024 financial targets from a range format to fixed figures this time. Due to required lead time for price pass-through, the impact for its cost rise would be gradually absorbed quarter by quarter. We had YoY profit decrease in 1Q, but it should turn to YoY increase soon."
In Japan, Internet Initiative Japan shares were trading at 2,691.00 yen, up 14.26 percent.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Internet Initiative Japan Q1 Profit Down, Revenues Rise; Revises FY24 Outlook; Stock Climbs

Validea Kenneth Fisher Strategy Daily Upgrade Report - 8/6/2024

The following are today's upgrades for Validea's Growth/Value Investor model based on the published strategy of James P. O'Shaughnessy. This two strategy approach offers a large-cap value model and a growth approach that looks for persistent earnings growth and strong relative strength.
INTERNET INITIATIVE JAPAN INC. (ADR) (IIJIY) is a mid-cap growth stock in the Business Services industry. The rating according to our strategy based on James P. O'Shaughnessy changed from 50% to 100% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Internet Initiative Japan Inc is a Japan-based company mainly engaged in the development of Internet business. The Company operates in two business segments. The Network Services and System Integration (SI) segment is mainly engaged in the provision of a combination of network services and system integration services, which mainly consist of Internet connection services, wide area network (WAN) services and outsourcing services, as well as the provision of comprehensive solutions. The Automated Teller Machine (ATM) Operation segment is engaged in the operation of bank ATMs and network systems.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
Detailed Analysis of INTERNET INITIATIVE JAPAN INC. (ADR)
IIJIY Guru Analysis
IIJIY Fundamental Analysis
INTERNATIONAL GENERAL INSURANC HLDGS LTD (IGIC) is a small-cap value stock in the Insurance (Prop. & Casualty) industry. The rating according to our strategy based on James P. O'Shaughnessy changed from 50% to 100% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: International General Insurance Holdings Ltd is a Jordan-based commercial insurance and reinsurance company. It has a worldwide portfolio of energy, property, general aviation, construction and engineering, ports and terminals, marine cargo, marine trades, contingency, political violence, financial institutions, general third-party liability, legal expenses, reinsurance treaty business, among others. Its segments include Specialty Long-tail, Specialty Short-tail and Reinsurance. Its Specialty Long-tail segment includes casualty business, financial institutions line of business, marine liability line of business, and inherent defects insurance line of business. Its Specialty Short-tail segment includes energy, property, construction and engineering, political violence, ports and terminals, marine cargo, contingency and general aviation lines of business. Reinsurance segment includes inward reinsurance treaty business.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
Detailed Analysis of INTERNATIONAL GENERAL INSURANC HLDGS LTD
IGIC Guru Analysis
IGIC Fundamental Analysis
James P. O'Shaughnessy Portfolio
About James P. O'Shaughnessy: Research guru and money manager James O'Shaughnessy forced many professional and amateur investors alike to rethink their investment beliefs when he published his 1996 bestseller, What Works on Wall Street. O'Shaughnessy back-tested 44 years ofstock market datafrom the comprehensive Standard & Poor's Compustat database to find out which quantitative strategies have worked over the years and which haven't. To the surprise of many, he concluded that price/earnings ratios aren't the best indicator of a stock's value, and that small-company stocks, contrary to popular wisdom, don't as a group have an edge on large-company stocks. Today O'Shaughnessy is the Chief Investment Officer of O'Shaughnessy Asset Management.
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Validea James P. O'Shaughnessy Strategy Daily Upgrade Report - 8/6/2024

The following are today's upgrades for Validea's Growth/Value Investor model based on the published strategy of James P. O'Shaughnessy. This two strategy approach offers a large-cap value model and a growth approach that looks for persistent earnings growth and strong relative strength.
INTERNET INITIATIVE JAPAN INC. (ADR) (IIJIY) is a mid-cap growth stock in the Business Services industry. The rating according to our strategy based on James P. O'Shaughnessy changed from 75% to 100% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Internet Initiative Japan Inc is a Japan-based company mainly engaged in the development of Internet business. The Company operates in two business segments. The Network Services and System Integration (SI) segment is mainly engaged in the provision of a combination of network services and system integration services, which mainly consist of Internet connection services, wide area network (WAN) services and outsourcing services, as well as the provision of comprehensive solutions. The Automated Teller Machine (ATM) Operation segment is engaged in the operation of bank ATMs and network systems.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
Detailed Analysis of INTERNET INITIATIVE JAPAN INC. (ADR)
IIJIY Guru Analysis
IIJIY Fundamental Analysis
TREEHOUSE FOODS INC (THS) is a small-cap growth stock in the Food Processing industry. The rating according to our strategy based on James P. O'Shaughnessy changed from 75% to 100% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: TreeHouse Foods, Inc. is a manufacturer and distributor of private label foods and beverages in North America. The Company's portfolio includes beverage and drink mix offerings, which include non-dairy creamer, coffee, broths/stocks, powdered beverages and other blends, tea, and ready-to-drink-beverages, and grocery offerings, which include pickles, refrigerated dough, hot cereal, and cheese and pudding. The Company sells its products to retail, co- manufacturing, and food-away-from-home customers in shelf-stable, refrigerated, and frozen formats. It also offers its customers a range of value and nutritional solutions, including natural, organic, and gluten-free products. It owns pickle branded assets, including Bick's pickles, Habitant pickled beets, Woodman's horseradish and McLarens pickled onion brands. The Company sells its products through various distribution channels, including retailers, food service distributors, co-manufacturers, and industrial and export channels.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
Detailed Analysis of TREEHOUSE FOODS INC
THS Guru Analysis
THS Fundamental Analysis
James P. O'Shaughnessy Portfolio
About James P. O'Shaughnessy: Research guru and money manager James O'Shaughnessy forced many professional and amateur investors alike to rethink their investment beliefs when he published his 1996 bestseller, What Works on Wall Street. O'Shaughnessy back-tested 44 years ofstock market datafrom the comprehensive Standard & Poor's Compustat database to find out which quantitative strategies have worked over the years and which haven't. To the surprise of many, he concluded that price/earnings ratios aren't the best indicator of a stock's value, and that small-company stocks, contrary to popular wisdom, don't as a group have an edge on large-company stocks. Today O'Shaughnessy is the Chief Investment Officer of O'Shaughnessy Asset Management.
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Validea James P. O'Shaughnessy Strategy Daily Upgrade Report - 6/18/2024

The following are today's upgrades for Validea's Growth/Value Investor model based on the published strategy of James P. O'Shaughnessy. This two strategy approach offers a large-cap value model and a growth approach that looks for persistent earnings growth and strong relative strength.
INTERNET INITIATIVE JAPAN INC. (ADR) (IIJIY) is a mid-cap growth stock in the Business Services industry. The rating according to our strategy based on James P. O'Shaughnessy changed from 50% to 100% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Internet Initiative Japan Inc is a Japan-based company mainly engaged in the development of Internet business. The Company operates in two business segments. The Network Services and System Integration (SI) segment is mainly engaged in the provision of a combination of network services and system integration services, which mainly consist of Internet connection services, wide area network (WAN) services and outsourcing services, as well as the provision of comprehensive solutions. The Automated Teller Machine (ATM) Operation segment is engaged in the operation of bank ATMs and network systems.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
Detailed Analysis of INTERNET INITIATIVE JAPAN INC. (ADR)
IIJIY Guru Analysis
IIJIY Fundamental Analysis
ENERSYS (ENS) is a mid-cap growth stock in the Electronic Instr. & Controls industry. The rating according to our strategy based on James P. O'Shaughnessy changed from 50% to 100% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: EnerSys is engaged in designing, manufacturing, and distributing energy systems solutions, motive power batteries, specialty batteries, battery chargers, power equipment, battery accessories and outdoor thermal equipment enclosures solutions. The Company's segment includes Energy Systems, Motive Power, Specialty and New Ventures. The Energy Systems segment offers uninterruptible power systems (UPS) applications for computer and computer-controlled systems used in data centers, as well as telecommunications systems, switchgear and electrical control systems used in industrial facilities and electric utilities. The Motive Power segment offers power for electric industrial forklifts used in manufacturing, warehousing, and other material handling applications, as well as mining equipment, and diesel locomotive starting. Specialty segment offers batteries for starting, lighting and ignition applications in automotive and large over-the-road trucks, energy storage solutions for satellites.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
Detailed Analysis of ENERSYS
ENS Guru Analysis
ENS Fundamental Analysis
James P. O'Shaughnessy Portfolio
About James P. O'Shaughnessy: Research guru and money manager James O'Shaughnessy forced many professional and amateur investors alike to rethink their investment beliefs when he published his 1996 bestseller, What Works on Wall Street. O'Shaughnessy back-tested 44 years ofstock market datafrom the comprehensive Standard & Poor's Compustat database to find out which quantitative strategies have worked over the years and which haven't. To the surprise of many, he concluded that price/earnings ratios aren't the best indicator of a stock's value, and that small-company stocks, contrary to popular wisdom, don't as a group have an edge on large-company stocks. Today O'Shaughnessy is the Chief Investment Officer of O'Shaughnessy Asset Management.
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Validea James P. O'Shaughnessy Strategy Daily Upgrade Report - 5/29/2024

The following are today's upgrades for Validea's Price/Sales Investor model based on the published strategy of Kenneth Fisher. This value strategy rewards stocks with low P/S ratios, long-term profit growth, strong free cash flow and consistent profit margins.
SHUTTERSTOCK INC (SSTK) is a small-cap value stock in the Motion Pictures industry. The rating according to our strategy based on Kenneth Fisher changed from 68% to 90% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Shutterstock, Inc. (Shutterstock) is a provider of a global creative platform for connecting brands and businesses to quality content. The Company's offerings are distributed to customers in various ranges of brands, including Shutterstock, Pond5, TurboSquid, PicMonkey, PremiumBeat, Splash News, Bigstock, and Offset. Pond5 is a video-first content marketplace which expands the Company's content offerings across footage, image, and music. TurboSquid operates a marketplace that offers more than one million 3D models and a 2-dimensional (2D) marketplace derived from 3D objects. PicMonkey is an online graphic design and image editing platform. PremiumBeat offers music tracks and provides producers, filmmakers, and marketers the ability to search handpicked production music from the composers. Splash News provides editorial image and video content across celebrity. Its Shutterstock brand includes various content types and offerings, such as image, footage, music and editorial.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
Detailed Analysis of SHUTTERSTOCK INC
SSTK Guru Analysis
SSTK Fundamental Analysis
INTERNET INITIATIVE JAPAN INC. (ADR) (IIJIY) is a mid-cap growth stock in the Business Services industry. The rating according to our strategy based on Kenneth Fisher changed from 68% to 90% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Internet Initiative Japan Inc is a Japan-based company mainly engaged in the development of Internet business. The Company operates in two business segments. The Network Services and System Integration (SI) segment is mainly engaged in the provision of a combination of network services and system integration services, which mainly consist of Internet connection services, wide area network (WAN) services and outsourcing services, as well as the provision of comprehensive solutions. The Automated Teller Machine (ATM) Operation segment is engaged in the operation of bank ATMs and network systems.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
Detailed Analysis of INTERNET INITIATIVE JAPAN INC. (ADR)
IIJIY Guru Analysis
IIJIY Fundamental Analysis
Kenneth Fisher Portfolio
About Kenneth Fisher: The son of Philip Fisher, who is considered the "Father of Growth Investing", Kenneth Fisher is a money manager, bestselling author, and longtime Forbes columnist. The younger Fisher wowed Wall Street in the mid-1980s when his book Super Stocks first popularized the idea of using the price/sales ratio (PSR) as a means of identifying attractive stocks. According to his alma mater, Humboldt State University, Fisher is also one of the world's foremost experts on 19th century logging. Appropriately, Fisher's firm, Fisher Investments, is located in a lush forest preserve in Woodside, California, where the contrarian-minded Fisher says he and his employees can get away from Wall Street groupthink.
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Indicator	TTM Median
ROE	16.07 13.09
ROA	7.28 4.76
ROI	15.25 6.69
Quick Ratio	1.36 0.94
Current Ratio	1.40 1.25

Indicator	TTM Median
Net Profit Margin	7.17 9.66
Operating Margin	10.56 14.22
Gross Margin	22.93 54.08
Return on tangible equity	21.49 25.55

Indicator	TTM Median
Revenue	0.45 89.00M
Gross Profit	0.10 —
EBITDA	0.09 —

INTERNET INITVE JAPAN ADR

Fundamental IIJIY

Valuation

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Revenue