- 01
Mixi, Inc. reported stable Q1 FY2018 results with net sales of ¥48,229 million, a 1.9% year-over-year increase, and profit attributable to owners of the parent of ¥13,713 million.
- 02
The Entertainment Business remains the primary revenue driver, generating ¥44,981 million in sales and ¥21,081 million in segment profit, significantly outperforming the Media Platform Business.
- 03
Despite a steady first quarter, the company projects a conservative full-year outlook with anticipated declines of 3.5% in net sales and 21.4% in operating income by March 2018.
- 04
The company maintains a strong balance sheet with an equity ratio of 85.7% and total assets valued at ¥175,816 million as of June 30, 2017.
- 05
Between May and July 2017, Mixi executed treasury share repurchases totaling over 1.5 million shares for approximately ¥10 billion.
- 06
In August 2017, the Board of Directors resolved to retire 1,447,200 treasury shares and approved the issuance of share remuneration-type stock options for directors.