Consolidated Financial Results: Fiscal Year Ended March 31, 2019

Key insights

7 takeaways · ~3 min read

01
mixi, Inc. experienced a significant decline in financial performance for the fiscal year ended March 31, 2019, with net sales down 23.8% to ¥144,032 million, operating income down 43.3% to ¥41,033 million, and profit attributable to owners of parent down 36.5% to ¥26,521 million.See it on page 1
02
The company's total assets remained relatively stable at ¥192,068 million as of March 31, 2019, compared to ¥192,123 million in the previous year, while total liabilities decreased substantially from ¥21,688 million to ¥13,077 million.See it on page 5
03
Cash and deposits decreased from ¥156,190 million to ¥144,417 million, and net cash provided by operating activities significantly dropped from ¥49,975 million in FY2018 to ¥18,113 million in FY2019.See it on page 10
04
mixi, Inc. acquired a subsidiary, resulting in a change in the scope of consolidation, with an acquisition cost of ¥5,000 million in cash, and recognized ¥5,121 million in goodwill.See it on page 18
05
The company recorded an impairment loss in the Lifestyle Business in FY2018 due to the decision to stop operations of Ticket Camp, operated by Hunza, Inc., and shut down the service.See it on page 22
06
Treasury shares increased significantly from 229,300 shares to 2,881,300 shares, primarily due to the purchase of 2,795,800 treasury shares during the fiscal year.See it on page 2
07
The company paid cash dividends totaling ¥4,446 million (¥57 per share) in June 2018 and ¥4,520 million (¥60 per share) in December 2018.See it on page 16

Summary

Consolidated Financial Results for the Fiscal Year Ended March 31, 2019 Stock exchange listing: Tokyo Stock Exchange Representative: Koki Kimura, President Inquiries: Hiroyuki Ohsawa, Director, Corporate Officer, Chief Financial Officer Scheduled date of Ordinary General Meeting of Shareholders: June 26, 2019 Scheduled date of commencing dividend payments: June 11, 2019 Scheduled date of filing securities report: June 27, 2019 Availability of supplementary briefing material on financial results:...