Updated Jun 25, 2026 by mixi
Mixi, Inc. experienced a broad financial decline for the nine months ending December 31, 2016, with net sales falling 4.9% to ¥142,990 million and operating income dropping 16.0% to ¥56,511 million.
Profit attributable to owners of the parent decreased by 11.7% to ¥38,864 million, resulting in a decline in basic earnings per share from ¥532.60 to ¥471.42.
The company’s balance sheet remains strong with an equity ratio that improved to 85.6% from 73.6%, despite a decrease in total cash and cash equivalents to ¥111,170 million.
Management projects a continued downward trend for the full fiscal year ending March 31, 2017, forecasting net sales of ¥206,000 million (-1.3%) and operating income of ¥86,000 million (-9.5%).
The Media Platform Business remains the company's primary revenue driver, contributing ¥131,805 million in net sales and ¥60,255 million in segment profit.
Despite the overall decline in profitability, the company revised its dividend guidance upward for the fiscal year ending March 31, 2017, to a total of ¥147 million.
Cash outflows were significantly impacted by capital allocation strategies, including a net addition of ¥2,599 million in treasury share repurchases during the nine-month period.
Mixi, Inc. experienced a broad financial decline for the nine months ending December 31, 2016, with net sales falling 4.9% to ¥142,990 million and operating income dropping 16.0% to ¥56,511 million.
Profit attributable to owners of the parent decreased by 11.7% to ¥38,864 million, resulting in a decline in basic earnings per share from ¥532.60 to ¥471.42.
The company’s balance sheet remains strong with an equity ratio that improved to 85.6% from 73.6%, despite a decrease in total cash and cash equivalents to ¥111,170 million.
Management projects a continued downward trend for the full fiscal year ending March 31, 2017, forecasting net sales of ¥206,000 million (-1.3%) and operating income of ¥86,000 million (-9.5%).
The Media Platform Business remains the company's primary revenue driver, contributing ¥131,805 million in net sales and ¥60,255 million in segment profit.
Despite the overall decline in profitability, the company revised its dividend guidance upward for the fiscal year ending March 31, 2017, to a total of ¥147 million.
Cash outflows were significantly impacted by capital allocation strategies, including a net addition of ¥2,599 million in treasury share repurchases during the nine-month period.