Mixi Group's fiscal year 2020 net sales fell 22.1% to ¥112,171 million, while profit attributable to owners of the parent dropped 59.6% to ¥10,724 million.
02
The Entertainment Business drove the downturn, with segment revenue declining from ¥138,605 million to ¥107,216 million, resulting in basic earnings per share falling to ¥142.33.
03
The company is aggressively diversifying through inorganic growth, spending ¥30.7 billion on investing activities including the acquisitions of Chariloto Co., Ltd. and Net Dreamers Co., Ltd.
04
The acquisition of Net Dreamers Co., Ltd. cost ¥15 billion, contributing to a total unamortized goodwill balance of ¥17,315 million.
05
Despite operational declines, the company maintains a stable capital base with a 90% equity ratio and ¥125.4 billion in cash and cash equivalents.
06
Fiscal year 2021 projections anticipate further contraction, with net sales expected to fall to ¥100,000 million and profits to drop to ¥6,500 million.
07
The company maintains a steady dividend policy of ¥115 to ¥120 per share while shifting its strategic focus toward sports media and professional team management.
Insights
01
Mixi Group's fiscal year 2020 net sales fell 22.1% to ¥112,171 million, while profit attributable to owners of the parent dropped 59.6% to ¥10,724 million.
02
The Entertainment Business drove the downturn, with segment revenue declining from ¥138,605 million to ¥107,216 million, resulting in basic earnings per share falling to ¥142.33.
03
The company is aggressively diversifying through inorganic growth, spending ¥30.7 billion on investing activities including the acquisitions of Chariloto Co., Ltd. and Net Dreamers Co., Ltd.
04
The acquisition of Net Dreamers Co., Ltd. cost ¥15 billion, contributing to a total unamortized goodwill balance of ¥17,315 million.
05
Despite operational declines, the company maintains a stable capital base with a 90% equity ratio and ¥125.4 billion in cash and cash equivalents.
06
Fiscal year 2021 projections anticipate further contraction, with net sales expected to fall to ¥100,000 million and profits to drop to ¥6,500 million.
07
The company maintains a steady dividend policy of ¥115 to ¥120 per share while shifting its strategic focus toward sports media and professional team management.