Financial · August 1, 2022

Consolidated Financial Results for the Three Months Ended June 30, 2022

Published by mixi

Summary

Mixi, Inc. reported consolidated financial results for the first quarter of the fiscal year ending March 31, 2023, covering the period from April 1 to June 30, 2022. The data reveals a period of revenue growth alongside declining profitability. Net sales rose 8.7% year-over-year to ¥31,022 million, primarily driven by the Digital Entertainment segment and its flagship title, Monster Strike. However, operating income fell 7.6% to ¥5,557 million, and profit attributable to owners of the parent decreased 13.1% to ¥3,524 million. This contraction in earnings is attributed to increased cost of sales and higher selling, general, and administrative expenses. The company’s operations are divided into four reportable segments: Digital Entertainment, Sports, Lifestyle, and the newly established Investment Business. Digital Entertainment remains the primary profit driver, contributing ¥10,750 million in segment profit. In contrast, the Sports and Lifestyle segments reported losses of ¥653 million and ¥173 million, respectively. The Investment Business, elevated to a main line of business this quarter, contributed ¥179 million in profit. This structural change led to a reclassification of assets, with ¥14,400 million in investment securities moved to current assets as operational investment securities. Geographically focused on the Japanese market, the company maintains a strong financial position with total assets of ¥215,217 million and an equity ratio of 84.9%. Despite the quarterly decline in profit, Mixi maintained its full-year forecast, projecting net sales of ¥120,000 million and a significant 51.3% year-over-year drop in annual profit to ¥5,000 million. The company also confirmed a planned annual dividend of ¥110.00 per share and noted the issuance of new stock options to directors in July 2022.

From the report

FASF Consolidated Financial Results for the Three Months Ended June 30, 2022 [Japanese GAAP] August 5, 2022 Company name: mixi, Inc. Stock exchange listing: Tokyo Stock Exchange Securities code: 2121 URL: https://mixi.co.jp/en/ Representative: Koki Kimura, President and Representative Director Inquiries: Hiroyuki Ohsawa, Director and CFO Phone: +81-3-6897-9500 Scheduled date of filing quarterly securities report: August 8, 2022 Scheduled date of commencing dividend payments:– Availability of supplementary briefing material on quarterly financial results: Available Schedule of quarterly financial results briefing session: Scheduled (conference call for institutional investors and securities analysts) (Amounts of less than one million yen are rounded down.) 1. Consolidated Financial Results for the Three Months Ended June 30, 2022 (April 1, 2022 to June 30, 2022) (1) Consolidated Operating Results (Cumulative) (% indicates changes from the previous corresponding period.) Profit attributable Net sales EBITDA* Operating income Ordinary income to owners of parent Three months ended ¥ million % ¥ million % ¥ million % ¥ million % ¥ million % June 30, 2022 31,022 8.7 6,710 (4.0) 5,557 (7.6) 5,326 (12.0) 3,524 (13.1) June 30, 2021 28,529 (2.8) 6,992 (17.7) 6,015 (19.4) 6,053 (17.5) 4,054 (17.7) * EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is amount based on operating income excluding depreciation and amortization of goodwill. (Note) Comprehensive income: Three months ended June 30, 2022: ¥3,548 million [(10.5%)] Three months ended June 30, 2021: ¥3,964 million [(20.7%)]

rnings Before Interest, Taxes, Depreciation, and Amortization) is amount based on operating income excluding depreciation and amortization of goodwill. (Note) Comprehensive income: Three months ended June 30, 2022: ¥3,548 million [(10.5%)] Three months ended June 30, 2021: ¥3,964 million [(20.7%)] Basic earnings Diluted earnings per share per share Three months ended ¥ ¥ June 30, 2022 48.57 47.82 June 30, 2021 54.04 53.32 (2) Consolidated Financial Position Total assets Net assets Equity ratio ¥ million ¥ million % As of June 30, 2022 215,217 185,626 84.9 As of March 31, 2022 218,056 186,056 84.0 (Reference) Equity: As of June 30, 2022: ¥182,766 million As of March 31, 2022: ¥183,134 million 2. Dividends Annual dividends 1st 2nd 3rd Year-end Total quarter-end quarter-end quarter-end ¥ ¥ ¥ ¥ ¥ Fiscal year ended March 31, 2022 – 55.00 – 55.00 110.00 Fiscal year ending March 31, 2023 – Fiscal year ending March 31, 2023 55.00 – 55.00 110.00 (Forecast) (Note) Revision to the dividends forecast announced most recently: No

3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2023 (April 1, 2022 to March 31, 2023) (% indicates changes from the previous corresponding period.) Profit attributable Basic Net sales EBITDA Operating income Ordinary income to owners of earnings parent per share ¥ million % ¥ million % ¥ million % ¥ million % ¥ million % ¥ Full year 120,000 1.6 12,500 (38.5) 8,500 (47.1) 8,500 (50.1) 5,000 (51.3) 68.91 (Note) Revision to the financial results forecast announced most recently: No * Notes: (1) Changes in significant subsidiaries during the three months ended June 30, 2022 (changes in specified subsidiaries resulting in change in scope of consolidation): No (2) Accounting policies adopted specially for the preparation of quarterly consolidated financial statements: No (3) Changes in accounting policies, changes in accounting estimates and retrospective restatement 1) Changes in accounting policies due to the revision of accounting standards: Yes 2) Changes in accounting policies other than 1) above: No 3) Changes in accounting estimates: No 4) Retrospective restatement: No (4) Total number of issued shares (common shares) 1) Total number of issued shares at the end of the period (including treasury shares): June 30, 2022: 78,230,850 shares March 31, 2022: 78,230,850 shares 2) Total number of treasury shares at the end of the period: June 30, 2022: 5,677,301 shares March 31, 2022: 5,677,300 shares 3) Average number of shares during the period (cumulative): Three months ended June 30, 2022: 72,553,549 shares Three months ended June 30, 2021: 75,033,437 shares

shares 2) Total number of treasury shares at the end of the period: June 30, 2022: 5,677,301 shares March 31, 2022: 5,677,300 shares 3) Average number of shares during the period (cumulative): Three months ended June 30, 2022: 72,553,549 shares Three months ended June 30, 2021: 75,033,437 shares * These quarterly financial results are outside the scope of quarterly review by a certified public accountant or audit firm. * Explanation of the proper use of financial results forecast and other notes 1. The financial results forecasts of this document are judgments made by mixi based on information currently available which include latent risks and uncertainties. Please be acknowledged that actual results may differ from these forecasts due to changes in various factors when making investment decisions. 2. mixi has scheduled a financial results conference call for institutional investors and securities analysts on August 5, 2022. Financial results briefing material from the call will be posted on mixi’s website shortly after the call.

Quarterly Consolidated Financial Statements and Primary Notes (1) Quarterly Consolidated Balance Sheets (Unit: ¥ million) FY2022 1Q of FY2023 (As of March 31, 2022) (As of June 30, 2022) Assets Current assets Cash and deposits 118,633 116,317 Notes and accounts receivable – trade 11,580 9,623 Operational investment securities 14,400 15,236 Merchandise 732 585 Consumption taxes receivable 456 – Other 10,106 12,660 Allowance for doubtful accounts (39) (40) Total current assets 155,871 154,383 Non-current assets Property, plant and equipment 15,012 14,842 Intangible assets Goodwill 10,737 10,425 Customer-related assets 6,316 6,146 Trademark right 2,737 2,664 Other 2,133 2,069 Total intangible assets 21,924 21,305 Investments and other assets Investment securities 13,458 13,227 Deferred tax assets 5,620 5,034 Other 6,186 6,440 Allowance for doubtful accounts (17) (17) Total investments and other assets 25,247 24,685 Total non-current assets 62,184 60,834 Total assets 218,056 215,217 Liabilities Current liabilities Short-term borrowings 645 850 Accounts payable – other 11,660 9,319 Income taxes payable 2,503 1,481 Accrued consumption taxes – 291 Provision for bonuses 1,469 648 Other 4,569 6,191 Total current liabilities 20,847 18,782 Non-current liabilities Long-term borrowings 7,477 7,376 Deferred tax liabilities 3,002 2,867 Other 672 565 Total non-current liabilities 11,152 10,809 Total liabilities 32,000 29,591 Net assets Shareholders’ equity Paid-in capital 9,698 9,698 Capital

69 6,191 Total current liabilities 20,847 18,782 Non-current liabilities Long-term borrowings 7,477 7,376 Deferred tax liabilities 3,002 2,867 Other 672 565 Total non-current liabilities 11,152 10,809 Total liabilities 32,000 29,591 Net assets Shareholders’ equity Paid-in capital 9,698 9,698 Capital surplus 9,656 9,656 Retained earnings 181,278 180,811 Treasury shares (18,248) (18,248) Total shareholders’ equity 182,385 181,919

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