FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 under
the Securities Exchange Act of 1934
For September 8, 2003
Commission File Number: 0-30204
Internet Initiative Japan Inc.
(Translation of registrant's name into English)
Jinbocho Mitsui Bldg. 1-105 Kanda Jinbo-cho, Chiyoda-ku, Tokyo 101-0051, Japan
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file
annual reports under cover Form 20-F or Form 40-F:
Form 20-F [ X ] Form 40-F [ ]
Indicate by check mark if the registrant is submitting the Form 6-K in
paper as per-mitted by Regulation S-T Rule 101(b)(1): ____
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a
Form 6-K if submitted solely to provide an attached annual report to security
holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper
as per-mitted by Regulation S-T Rule 101(b)(7): ____
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a
Form 6-K if submitted to furnish a report or other document that the registrant
foreign private issuer must furnish and make public under the laws of the
jurisdiction in which the reg-istrant is incorporated, domiciled or legally
organized (the registrant's "home country"), or under the rules of the home
country exchange on which the registrant's securities are traded, as long as the
report or other document is not a press release, is not required to be and has
not been distributed to the registrant's security holders, and, if discussing a
mate-rial event, has already been the subject of a Form 6-K submission or other
Commission filing on EDGAR.
Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes [ ] No [ X ]
If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82-___________
THIS REPORT ON FORM 6-K SHALL BE DEEMED TO BE INCORPORATED BY REFERENCE IN
THE PROSPECTUS INCLUDED IN THE REGISTRATION STATMENT ON FORM F-3 (FILE NO.
333-12696) OF INTERNET INITIATIVE JAPAN INC. AND TO BE A PART THEREOF FROM THE
DATE ON WHICH THIS REPORT IS FURNISHED, TO THE EXTENT NOT SUPERSEDED BY
DOCUMENTS OR REPORTS SUBSEQUENTLY FILED OR FURNISHED.
EXHIBIT INDEX
Exhibit Date Description of Exhibit
------- ----------- ----------------------
1 09/08/2003 Claim Against Crosswave Communications Inc. ("Crosswave")
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Internet Initiative Japan Inc.
Date: September 8, 2003 By: /s/ Koichi Suzuki
-----------------
Koichi Suzuki
President, Chief Executive Officer and
Representative Director
EXHIBIT 1
September 8, 2003
105, Kanda Jinbo-cho 1-chomeChiyoda-ku, Tokyo
Internet Initiative Japan Inc.("IIJ")
Claim against Crosswave Communications Inc. ("Crosswave")
---------------------------------------------------------
In May 2002, to assist Crosswave in securing loan financing, Internet
Initiative Japan ("IIJ") entered into a JPY 5.0 billion Cash Deficiency Support
Agreement (the "CDS Agreement") with Crosswave and four Japanese commercial
banks. The CDS Agreement is a commitment by IIJ to cover cash deficiency up to
JPY 5.0 billion in case of shortage in the principal and interest payment funds
or acceleration in connection with a Syndicated Loan Agreement for an aggregate
sum of JPY 20 billion. The banks are entitled to claim the JPY 5.0 billion
amount directly from IIJ. Since IIJ provided JPY 5.0 billion to the banks as the
security deposit, the claim of the banks was set off against such deposit.
The security deposit of JPY 5.0 billion which IIJ provided to the banks
making the syndicated loan to Crosswave under the CDS Agreement was acquired by
the banks upon Crosswave's filing of a petition for commencement of corporate
reorganization proceedings. Accordingly, IIJ now holds a claim for
indemnification against Crosswave in the amount of JPY 5.0 billion, and plans to
file this JPY 5.0 billion claim with the reorganization administrator of
Crosswave as a reorganization claim. However, if IIJ receives interest and
principal in connection with this claim under the reorganization plan or
otherwise, IIJ will have to pay such interest and principal either entirely or
partly to the banks.