Updated Mar 23, 2026 by mixi
Mixi, Inc. experienced a significant downturn in Q1 2018 (April 1 to June 30), with net sales falling 28.3% to ¥34,561 million and operating income dropping 45.4% to ¥11,029 million compared to the same period in 2017.
Profit attributable to owners of the parent declined by 46.8% year-over-year to ¥7,294 million, resulting in basic earnings per share falling from ¥172.95 to ¥94.94.
The company's FY2019 full-year forecast anticipates continued contraction, projecting net sales of ¥175,000 million and operating income of ¥48,000 million, representing declines of 7.5% and 33.7% respectively.
Total assets decreased to ¥178,800 million from ¥192,123 million, while cash and cash equivalents fell to ¥141,755 million during the quarter.
Mixi repurchased 2,795,800 treasury shares during the quarter, bringing total treasury holdings to ¥11,450 million.
The company maintained its dividend policy with no annual dividends declared for FY2018 and a forecast of ¥62 million per quarter for FY2019.
The financial results maintain a strong equity ratio of 91.2% despite the overall decline in net assets to ¥163,611 million.
Mixi, Inc. experienced a significant downturn in Q1 2018 (April 1 to June 30), with net sales falling 28.3% to ¥34,561 million and operating income dropping 45.4% to ¥11,029 million compared to the same period in 2017.
Profit attributable to owners of the parent declined by 46.8% year-over-year to ¥7,294 million, resulting in basic earnings per share falling from ¥172.95 to ¥94.94.
The company's FY2019 full-year forecast anticipates continued contraction, projecting net sales of ¥175,000 million and operating income of ¥48,000 million, representing declines of 7.5% and 33.7% respectively.
Total assets decreased to ¥178,800 million from ¥192,123 million, while cash and cash equivalents fell to ¥141,755 million during the quarter.
Mixi repurchased 2,795,800 treasury shares during the quarter, bringing total treasury holdings to ¥11,450 million.
The company maintained its dividend policy with no annual dividends declared for FY2018 and a forecast of ¥62 million per quarter for FY2019.
The financial results maintain a strong equity ratio of 91.2% despite the overall decline in net assets to ¥163,611 million.