Updated Mar 17, 2026 by mixi
Mixi, Inc. experienced a moderate contraction in the first nine months of the fiscal year ending March 31, 2017, with net sales falling 4.9% to ¥142,990 million and operating income dropping 16% to ¥56,511 million.
Profit attributable to owners of the parent declined 11.7% to ¥38,864 million compared to the same period in 2015.
The Entertainment Business remains the primary revenue driver at ¥131,805 million, while the Media Platform Business grew its net sales to ¥11,184 million despite a decrease in segment profit.
The company strengthened its financial position, increasing its equity ratio to 85.6% from 73.6% at the end of the previous fiscal year.
Management executed a share buyback program involving the repurchase of over 3 million shares and the retirement of 2.4 million treasury shares to improve capital efficiency.
Full-year forecasts for the fiscal year ending March 31, 2017, were revised downward to ¥206,000 million in net sales and ¥59,000 million in profit.
Accounting for the acquisitions of Hunza, Inc. and MUSE & Co., Ltd. has been finalized, including the confirmation of goodwill amounts and amortization schedules.
Mixi, Inc. experienced a moderate contraction in the first nine months of the fiscal year ending March 31, 2017, with net sales falling 4.9% to ¥142,990 million and operating income dropping 16% to ¥56,511 million.
Profit attributable to owners of the parent declined 11.7% to ¥38,864 million compared to the same period in 2015.
The Entertainment Business remains the primary revenue driver at ¥131,805 million, while the Media Platform Business grew its net sales to ¥11,184 million despite a decrease in segment profit.
The company strengthened its financial position, increasing its equity ratio to 85.6% from 73.6% at the end of the previous fiscal year.
Management executed a share buyback program involving the repurchase of over 3 million shares and the retirement of 2.4 million treasury shares to improve capital efficiency.
Full-year forecasts for the fiscal year ending March 31, 2017, were revised downward to ¥206,000 million in net sales and ¥59,000 million in profit.
Accounting for the acquisitions of Hunza, Inc. and MUSE & Co., Ltd. has been finalized, including the confirmation of goodwill amounts and amortization schedules.