Financial

Consolidated Financial Results for the Three Months Ended June 30, 2018: Japan

Published by mixi

Summary

The quarterly report presents mixi, Inc.’s consolidated financial performance for the three months ended June 30 2018, covering April 1 to June 30. Net sales fell 28.3 % to ¥34,561 million from ¥48,229 million in the same period a year earlier, while operating income dropped 45.4 % to ¥11,029 million from ¥20,209 million. Ordinary income and profit attributable to owners of parent declined 45.2 % and 46.8 %, respectively, reaching ¥7,294 million. Comprehensive income for the quarter was ¥7,622 million, a 44.3 % decrease from the prior year’s ¥13,696 million. Earnings per share fell to ¥94.94 (basic) and ¥94.77 (diluted) from ¥172.95 and ¥172.66 a year earlier. Total assets decreased to ¥178,800 million from ¥192,123 million, with net assets at ¥163,611 million and an equity ratio of 91.2 %. Cash and cash equivalents declined to ¥141,755 million from ¥156,190 million. The company repurchased 2,795,800 treasury shares during the quarter, increasing treasury holdings to ¥11,450 million. Dividend policy remained unchanged; no annual dividends were declared for FY2018, and a forecast of ¥62 million per quarter was maintained for FY2019. The report includes full consolidated statements, segment information (Entertainment and Lifestyle), and notes on accounting changes, such as the adoption of new tax effect accounting standards. The forecast for FY2019 projects net sales of ¥175,000 million and operating income of ¥48,000 million, representing declines of 7.5 % and 33.7 %, respectively. The document is limited to Japan, covering a single fiscal quarter within the 2018 calendar year, and relies on Japanese GAAP without external audit review.

From the report

FASF Consolidated Financial Results for the Three Months Ended June 30, 2018 [Japanese GAAP] August 9, 2018 Company name: mixi, Inc. Stock exchange listing: Tokyo Stock Exchange Securities code: 2121 URL: http://mixi.co.jp/ Representative: Koki Kimura, President Inquiries: Hiroyuki Ohsawa, Director and Executive General Manager, Administrative Headquarters Phone: +81-3-6897-9500 Scheduled date of filing quarterly securities report: August 10, 2018 Scheduled date of commencing dividend payments: － Availability of supplementary briefing material on quarterly financial results: Available Schedule of quarterly financial results briefing session: Scheduled (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, 2018 (April 1, 2018 to June 30, 2018) (1) Consolidated Operating Results (Cumulative) (% indicates changes from the previous corresponding period.) Net sales Operating income Ordinary income Profit attributable to owners of parent Three months ended ¥ million % ¥ million % ¥ million % ¥ million % June 30, 2018 34,561 (28.3) 11,029 (45.4) 11,028 (45.2) 7,294 (46.8) June 30, 2017 48,229 1.9 20,209 0.4 20,130 0.8 13,713 1.0 (Note) Comprehensive income: Three months ended June 30, 2018: ¥7,622 million [(44.3%)] Three months ended June 30, 2017: ¥13,696 million [1.4%] Basic earnings Diluted earnings per share per share Three months ended ¥ ¥ June 30, 2018 94.94 94.77 June 30, 2017 172.95 172.66

.4 20,130 0.8 13,713 1.0 (Note) Comprehensive income: Three months ended June 30, 2018: ¥7,622 million [(44.3%)] Three months ended June 30, 2017: ¥13,696 million [1.4%] Basic earnings Diluted earnings per share per share Three months ended ¥ ¥ June 30, 2018 94.94 94.77 June 30, 2017 172.95 172.66 (2) Consolidated Financial Position Total assets Net assets Equity ratio ¥ million ¥ million % As of June 30, 2018 178,800 163,611 91.2 As of March 31, 2018 192,123 170,434 88.4 (Reference) Equity: As of June 30, 2018: ¥162,976 million As of March 31, 2018: ¥169,800 million 2. Dividends Annual dividends 1st 2nd 3rd Year-end Total quarter-end quarter-end quarter-end ¥ ¥ ¥ ¥ ¥ Fiscal year ended March 31, 2018 － 64.00 － 57.00 121.00 Fiscal year ending March 31, 2019 － Fiscal year ending March 31, 2019 62.00 － 62.00 124.00 (Forecast) (Note) Revision to the dividends forecast announced most recently: No

3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2019 (April 1, 2018 to March 31, 2019) (% indicates changes from the previous corresponding period.) Net sales Operating income Ordinary income Profit attributable to Basic owners of parent earnings per share ¥ million % ¥ million % ¥ million % ¥ million % ¥ Full year 175,000 (7.5) 48,000 (33.7) 48,000 (34.0) 31,000 (25.8) 409.99 (Note) Revision to the financial results forecast announced most recently: No * Notes: (1) Changes in significant subsidiaries during the three months ended June 30, 2018 (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: No 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, 2018: 78,230,850 shares March 31, 2018: 78,230,850 shares 2) Total number of treasury shares at the end of the period: June 30, 2018: 3,025,100 shares March 31, 2018: 229,300 shares 3) Average number of shares during the period (cumulative): Three months ended June 30, 2018: 76,833,021 shares Three months ended June 30, 2017: 79,294,695 shares

0 shares 2) Total number of treasury shares at the end of the period: June 30, 2018: 3,025,100 shares March 31, 2018: 229,300 shares 3) Average number of shares during the period (cumulative): Three months ended June 30, 2018: 76,833,021 shares Three months ended June 30, 2017: 79,294,695 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 briefing session for institutional investors and securities analysts on August 9, 2018. Financial results briefing material for the session will be posted on mixi’s website shortly.

Quarterly Consolidated Financial Statements and Primary Notes (1) Quarterly Consolidated Balance Sheets (Unit: ¥ million) FY2018 1Q of FY2019 (As of March 31, 2018) (As of June 30, 2018) Assets Current assets Cash and deposits 156,190 141,755 Accounts receivable - trade 11,732 11,723 Merchandise 441 542 Raw materials 211 299 Other 2,887 3,960 Allowance for doubtful accounts (16) (16) Total current assets 171,447 158,264 Non-current assets Property, plant and equipment 1,888 2,039 Intangible assets 391 433 Investments and other assets Investment securities 3,351 4,122 Deferred tax assets 10,486 9,405 Other 4,559 4,537 Allowance for doubtful accounts (1) (1) Total investments and other assets 18,395 18,063 Total non-current assets 20,675 20,536 Total assets 192,123 178,800 Liabilities Current liabilities Accounts payable - other 7,068 6,878 Income taxes payable 9,909 2,859 Accrued consumption taxes 95 1,226 Provision for bonuses 950 315 Other 3,616 3,873 Total current liabilities 21,641 15,154 Non-current liabilities Other 47 35 Total non-current liabilities 47 35 Total liabilities 21,688 15,189 Net assets Shareholders’ equity Capital stock 9,698 9,698 Capital surplus 9,668 9,668 Retained earnings 151,669 154,518 Treasury shares (1,450) (11,450) Total shareholders’ equity 169,587 162,435 Accumulated other comprehensive income Valuation difference on available-for-sale － 345 securities Foreign currency translation adjustment 212 195 Total accumulated other comprehensive income 2

ained earnings 151,669 154,518 Treasury shares (1,450) (11,450) Total shareholders’ equity 169,587 162,435 Accumulated other comprehensive income Valuation difference on available-for-sale － 345 securities Foreign currency translation adjustment 212 195 Total accumulated other comprehensive income 212 541 Subscription rights to shares 630 630 Non-controlling interests 4 3 Total net assets 170,434 163,611 Total liabilities and net assets 192,123 178,800

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Words: 2,921
Format: PDF
Type: Financial

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