Updated Mar 17, 2026 by mixi
Mixi, Inc. achieved significant growth in the fiscal year ending March 31, 2016, with net sales rising 84.9% to ¥208,799 million and profit attributable to owners increasing 85.1% to ¥61,022 million.
The company’s financial position strengthened substantially, with cash and cash equivalents nearly doubling to ¥126,316 million and the equity ratio improving from 51.4% to 73.6%.
Operating income reached ¥95,033 million, primarily driven by the Entertainment Business, while the company diversified its ecosystem through the acquisitions of Hunza, Inc. and MUSE & Co., Ltd.
Operational scaling led to increased costs, with settlement fees rising to over ¥60 billion and advertising expenses reaching ¥15.8 billion.
Capital efficiency measures included a five-for-one stock split, an overseas share offering, and a ¥10 billion share repurchase program.
The outlook for the fiscal year ending March 31, 2017, is conservative, projecting a modest 4.4% increase in net sales and an 11.5% decline in net profit.
Operations remain heavily concentrated in the Japanese market, which accounts for over 90% of the company's total sales and assets.
Mixi, Inc. achieved significant growth in the fiscal year ending March 31, 2016, with net sales rising 84.9% to ¥208,799 million and profit attributable to owners increasing 85.1% to ¥61,022 million.
The company’s financial position strengthened substantially, with cash and cash equivalents nearly doubling to ¥126,316 million and the equity ratio improving from 51.4% to 73.6%.
Operating income reached ¥95,033 million, primarily driven by the Entertainment Business, while the company diversified its ecosystem through the acquisitions of Hunza, Inc. and MUSE & Co., Ltd.
Operational scaling led to increased costs, with settlement fees rising to over ¥60 billion and advertising expenses reaching ¥15.8 billion.
Capital efficiency measures included a five-for-one stock split, an overseas share offering, and a ¥10 billion share repurchase program.
The outlook for the fiscal year ending March 31, 2017, is conservative, projecting a modest 4.4% increase in net sales and an 11.5% decline in net profit.
Operations remain heavily concentrated in the Japanese market, which accounts for over 90% of the company's total sales and assets.