mixi, Inc. experienced a significant decline in profitability for the fiscal year ended March 31, 2022, with profit attributable to owners of parent decreasing by 34.6% to ¥10,262 million, and operating income dropping by 29.9% to ¥16,069 million.
02
Consolidated net sales for mixi, Inc. slightly decreased by 1.0% to ¥118,099 million in the fiscal year ended March 31, 2022, following a 6.4% increase in the previous fiscal year.
03
The company's EBITDA saw a substantial 25.0% decrease, falling to ¥20,334 million in the fiscal year ended March 31, 2022, compared to ¥27,117 million in the prior year.
04
mixi, Inc. acquired TOKYO FOOTBALL CLUB Co., Ltd. on February 1, 2022, increasing its voting rights to 51.35% with an acquisition cost of ¥827 million, aiming to leverage its entertainment expertise in the sports sector.
05
Cash and cash equivalents at the end of the fiscal year significantly decreased by ¥31,266 million, resulting in a balance of ¥118,546 million, primarily due to substantial cash outflows from investing activities (¥17,887 million) and financing activities (¥16,627 million).
Insights
01
mixi, Inc. experienced a significant decline in profitability for the fiscal year ended March 31, 2022, with profit attributable to owners of parent decreasing by 34.6% to ¥10,262 million, and operating income dropping by 29.9% to ¥16,069 million.
02
Consolidated net sales for mixi, Inc. slightly decreased by 1.0% to ¥118,099 million in the fiscal year ended March 31, 2022, following a 6.4% increase in the previous fiscal year.
03
The company's EBITDA saw a substantial 25.0% decrease, falling to ¥20,334 million in the fiscal year ended March 31, 2022, compared to ¥27,117 million in the prior year.
04
mixi, Inc. acquired TOKYO FOOTBALL CLUB Co., Ltd. on February 1, 2022, increasing its voting rights to 51.35% with an acquisition cost of ¥827 million, aiming to leverage its entertainment expertise in the sports sector.
05
Cash and cash equivalents at the end of the fiscal year significantly decreased by ¥31,266 million, resulting in a balance of ¥118,546 million, primarily due to substantial cash outflows from investing activities (¥17,887 million) and financing activities (¥16,627 million).