- 01
Mixi, Inc. reported a significant fiscal decline for the year ended March 31, 2019, with net sales falling 23.8% to ¥144,032 million and operating income dropping 43.3%.
- 02
The company forecasts a continued downward trend for the upcoming fiscal year, projecting a further 30.6% decrease in net sales.
- 03
Performance was heavily impacted by a downturn in the core Entertainment Business, specifically the flagship title Monster Strike, leading to a 36.5% decline in profit attributable to owners to ¥26,521 million.
- 04
Strategic restructuring included divesting from subsidiaries Diverse, Inc. and nohana, Inc., closing the Ticket Camp service, and withdrawing from telecommunications to focus on new growth sectors.
- 05
Mixi expanded into sports entertainment and the keirin betting market by acquiring Chariloto Co., Ltd. for ¥5,000 million to diversify its portfolio beyond traditional gaming.
- 06
Despite operational challenges, the company maintains a strong financial position with a 92.9% equity ratio and committed to shareholder returns through ¥120 per share in dividends and ¥10.1 billion in treasury share purchases.
- 07
Net cash from operating activities decreased significantly from ¥49,975 million to ¥18,113 million, while basic earnings per share fell from ¥533.48 to ¥350.26.