Updated Mar 23, 2026 by mixi
MIXI, Inc. reported a significant decline in Q1 FY2024 performance, with operating income falling 59.6% to ¥2.2 billion and net sales dropping 5.9% to ¥29.2 billion.
Profitability contracted sharply during the quarter, as evidenced by a 50.6% decrease in EBITDA to ¥3.3 billion and a drop in earnings per share from ¥48.6 to ¥18.1.
The Digital Entertainment Business remains the company's primary revenue driver, heavily reliant on the performance of its flagship title, Monster Strike.
The Sports and Lifestyle business segments recorded losses during the quarter, while the Investment segment remained neutral.
Full-year FY2024 projections anticipate continued downward pressure, with forecasted net sales of ¥138 billion (down 6.0%) and operating income of ¥12 billion.
The company maintains a strong balance sheet with an equity ratio of 83.1% and total assets of ¥211 billion, despite a reduction in shareholders’ equity to ¥174 billion following share repurchases.
Management has made no revisions to dividend policies or financial guidance for the remainder of the fiscal year.
MIXI, Inc. reported a significant decline in Q1 FY2024 performance, with operating income falling 59.6% to ¥2.2 billion and net sales dropping 5.9% to ¥29.2 billion.
Profitability contracted sharply during the quarter, as evidenced by a 50.6% decrease in EBITDA to ¥3.3 billion and a drop in earnings per share from ¥48.6 to ¥18.1.
The Digital Entertainment Business remains the company's primary revenue driver, heavily reliant on the performance of its flagship title, Monster Strike.
The Sports and Lifestyle business segments recorded losses during the quarter, while the Investment segment remained neutral.
Full-year FY2024 projections anticipate continued downward pressure, with forecasted net sales of ¥138 billion (down 6.0%) and operating income of ¥12 billion.
The company maintains a strong balance sheet with an equity ratio of 83.1% and total assets of ¥211 billion, despite a reduction in shareholders’ equity to ¥174 billion following share repurchases.
Management has made no revisions to dividend policies or financial guidance for the remainder of the fiscal year.