Financialmixi
Consolidated Financial Results: Fiscal Year Ended March 31, 2016
46 pages~83 min full read
Key insights
7 takeaways · ~3 min read- 01mixi, Inc. experienced significant growth in the fiscal year ended March 31, 2016, with net sales increasing by 84.9% to ¥208,799 million, operating income up 80.4% to ¥95,033 million, and profit attributable to owners of parent rising 85.1% to ¥61,022 million.See it on page 1
- 02The company's cash and deposits more than doubled, growing from ¥65,413 million in FY2015 to ¥126,316 million in FY2016, indicating strong cash generation.See it on page 10
- 03Net cash provided by operating activities increased substantially from ¥49,921 million in FY2015 to ¥69,060 million in FY2016.See it on page 10
- 04Goodwill, primarily from the acquisition of Hunza, Inc., was a significant intangible asset, initially ¥11,934 million and finalized at ¥11,577 million after revisions, and is being amortized over 8 years.See it on page 29
- 05mixi plans to repurchase up to 3,000,000 shares (3.56% of total outstanding shares) for a maximum of ¥10,000,000,000 between May 11, 2016, and September 30, 2016, via market purchases on the Tokyo Stock Exchange.See it on page 45
- 06The company adopted revised accounting standards for business combinations, consolidated financial statements, and business divestitures starting from the fiscal year ended March 31, 2016.See it on page 42
- 07mixi Group recorded an impairment loss of ¥190 million on goodwill related to mixi research, Inc. in the Media Platform Business during the fiscal year ended March 31, 2015, due to unfulfilled revenue expectations.See it on page 14
Summary
Consolidated Financial Results for the Fiscal Year Ended March 31, 2016 Stock exchange listing: Tokyo Stock Exchange Representative: Hiroki Morita, President Inquiries: Yasuhiro Ogino, Director and Executive General Manager, Administrative Headquarters Scheduled date of Ordinary General Meeting of Shareholders: June 28, 2016 Scheduled date of commencing dividend payments: June 8, 2016 Scheduled date of filing securities report: June 29, 2016 Availability of supplementary briefing materials on fi...
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