Financialmixi
Consolidated Financial Results for the Nine Months Ended December 31, 2015 (Japanese GAAP)
1 Feb 201612 pages~22 min full read
Mixi, Inc. reported substantial growth for the nine months ended December 31, 2015, with net sales reaching ¥150,285 million, a 120.1% increase year-over-year.
See it on page 1Operating income surged 124.9% to ¥67,305 million, while profit attributable to owners of the parent rose 130.5% to ¥44,032 million.
See it on page 4The Entertainment Business segment, driven primarily by the game Monster Strike, accounted for the vast majority of performance with ¥140,303 million in net sales and ¥70,348 million in segment profit.
See it on page 9The company’s financial position strengthened significantly, with the equity ratio improving from 51.4% to 74.6% and cash and deposits rising to ¥90,380 million.
See it on page 6The Media Platform Business, encompassing mixi.jp and acquisitions like TicketCamp and MUSE & Co., contributed ¥9,981 million to total net sales.
See it on page 10Mixi maintained its full-year forecast for the fiscal year ending March 31, 2016, projecting ¥205,000 million in net sales and ¥59,000 million in profit.
See it on page 1The company implemented a strategic business reorganization into Entertainment and Media Platform segments and adopted EBITDA as the primary metric for evaluating segment performance.
See it on page 10Mixi, Inc. reported substantial year-over-year growth in its consolidated financial results for the nine months ended December 31, 2015. Net sales reached ¥150,285 million, representing a 120.1% increase compared to the same period in 2014. Operating income rose 124.9% to ¥67,305 million, while profit attributable to owners of the parent grew 130.5% to ¥44,032 million. This performance was driven primarily by the Entertainment Business segment, centered on the mainstay service Monster Strike, which contributed ¥140,303 million in net sales and ¥70,348 million in segment profit.
The financial position strengthened significantly during this period, with total assets increasing from ¥104,178 million to ¥140,179 million and the equity ratio improving from 51.4% to 74.6%. Cash and deposits grew to ¥90,380 million, bolstered by the issuance of new shares and the disposal of treasury shares through an overseas offering in July 2015. The Media Platform Business, which includes the social network mixi.jp and recently acquired services like TicketCamp and MUSE & Co., contributed ¥9,981 million to net sales.
The reporting period reflects a strategic reorganization of business segments into Entertainment and Media Platform categories. To better evaluate performance following major acquisitions, the company transitioned to using EBITDA as its primary measure for segment income. For the full fiscal year ending March 31, 2016, the company maintained its forecast of ¥205,000 million in net sales and ¥59,000 million in profit. These results were prepared under Japanese GAAP and cover the company’s operations primarily within the Japanese digital entertainment and social media sectors.
