Consolidated Financial Results for the Three Months Ended June 30, 2021

Mixi, Inc. reported a year-on-year decline in Q1 FY2022, with net sales falling 3.4% to ¥28,366 million and operating income dropping 19.4% to ¥6,011 million.

The full-year forecast for FY2022 remains unchanged, projecting a significant decline in annual operating income of 34.6% to 47.7% compared to the previous year.

The Digital Entertainment Business remains the primary revenue driver at ¥22,596 million, though segment profit for the division fell from ¥12,482 million to ¥10,586 million.

The company adopted a new revenue recognition standard for Monster Strike, shifting from point-of-consumption to an estimated character-use period model, resulting in a ¥667 million increase in beginning retained earnings.

The Sports Business generated ¥4,047 million in revenue but continued to operate at a loss of ¥681 million, while the Lifestyle Business turned a profit of ¥159 million.

Despite the quarterly profit decline, the company maintains a strong financial position with an equity ratio of 85.6% and total assets of ¥217,762 million.

Mixi, Inc. confirmed a planned annual dividend of ¥110 per share for the fiscal year ending March 31, 2022.