Financialmixi
Consolidated Financial Results for the Nine Months Ended December 31, 2025: Japan
15 pages~23 min full read
MIXI, Inc. reported a 5.5% YoY increase in net sales to ¥116,425 million for the nine months ending December 31, 2025, despite a 22.7% decline in operating income to ¥13,168 million.
See it on page 15The Sports Business grew by 49.2% and the Lifestyle Business by 11.4%, effectively offsetting an 11.9% revenue decline in the Digital Entertainment segment.
See it on page 4The company acquired PointsBet Holdings Limited and five other entities in September 2025, resulting in the addition of ¥19,831 million in goodwill to the Sports Business segment.
See it on page 4Cash and cash equivalents decreased as the company allocated ¥9,504 million to treasury share repurchases and ¥7,934 million to dividends, while short-term borrowings rose to ¥29,722 million.
See it on page 6Profit attributable to owners of the parent saw a modest 1.4% increase to ¥10,562 million, even as comprehensive income fell 13.0% YoY.
See it on page 4Full-year FY2026 forecasts remain unchanged, projecting net sales of ¥168,000 million and an operating income decline of 14.8% to ¥27,000 million.
See it on page 2MIXI, Inc. reports consolidated financial results for the nine months ended December 31 2025 under Japanese GAAP, covering April 1 2025 to December 31 2025. Net sales rose 5.5 % YoY to ¥116,425 million, driven by a 49.2 % increase in the Sports Business and an 11.4 % rise in the Lifestyle Business, while Digital Entertainment sales fell 11.9 %. Operating income declined 22.7 % to ¥13,168 million, largely due to lower EBITDA in Digital Entertainment and higher operating expenses. Ordinary income fell 9.8 % to ¥15,090 million, and profit attributable to owners of parent increased modestly by 1.4 % to ¥10,562 million. Comprehensive income for the period was ¥12,064 million, down 13.0 % YoY.
Total assets reached ¥262,287 million with net assets of ¥175,541 million, an equity ratio of 66.3 %. Cash and cash equivalents fell to ¥90,168 million after significant outflows for treasury share repurchases (¥9,504 million) and dividends (¥7,934 million). Short‑term borrowings surged to ¥29,722 million, reflecting financing activity that offset operating cash usage of ¥361 million.
The company incorporated PointsBet Holdings Limited and five other entities in September 2025, creating ¥19,831 million of goodwill within the Sports Business. Forecasts for FY2026 remain unchanged: net sales projected at ¥168,000 million (8.5 % YoY), operating income at ¥27,000 million (‑14.8 %), and ordinary income at ¥20,000 million (‑24.8 %). Dividend policy is unchanged, with a forecast of ¥60 million per share for FY2026. The report covers Japan exclusively, with no changes to accounting policies or significant restatements noted.
