Updated Mar 17, 2026 by mixi
Mixi, Inc. reported a significant Q1 FY2019 downturn, with net sales falling 28.3% year-over-year to ¥34,561 million and operating income dropping 45.4% to ¥11,029 million.
Profit attributable to owners of the parent declined by 46.8% to ¥7,294 million for the three-month period ended June 30, 2018.
The Entertainment segment remains the primary revenue driver at ¥32,709 million, though this represents a sharp decrease from the ¥44,981 million recorded in the same period the previous year.
The company’s full-year forecast for the period ending March 31, 2019, projects a 7.5% decrease in annual net sales to ¥175,000 million and a 33.7% drop in operating income to ¥48,000 million.
Despite declining performance, the company maintains a strong financial position with an equity ratio of 91.2% and total assets of ¥178,800 million.
The Lifestyle business segment recorded a loss of ¥424 million on sales of ¥1,851 million during the quarter.
Mixi executed approximately ¥10,000 million in treasury share repurchases during the quarter and implemented share remuneration-type stock options for directors to align executive interests with shareholder value.
Mixi, Inc. reported a significant Q1 FY2019 downturn, with net sales falling 28.3% year-over-year to ¥34,561 million and operating income dropping 45.4% to ¥11,029 million.
Profit attributable to owners of the parent declined by 46.8% to ¥7,294 million for the three-month period ended June 30, 2018.
The Entertainment segment remains the primary revenue driver at ¥32,709 million, though this represents a sharp decrease from the ¥44,981 million recorded in the same period the previous year.
The company’s full-year forecast for the period ending March 31, 2019, projects a 7.5% decrease in annual net sales to ¥175,000 million and a 33.7% drop in operating income to ¥48,000 million.
Despite declining performance, the company maintains a strong financial position with an equity ratio of 91.2% and total assets of ¥178,800 million.
The Lifestyle business segment recorded a loss of ¥424 million on sales of ¥1,851 million during the quarter.
Mixi executed approximately ¥10,000 million in treasury share repurchases during the quarter and implemented share remuneration-type stock options for directors to align executive interests with shareholder value.