Financialmixi
Consolidated Financial Results for the Six Months Ended September 30, 2022: Japan
12 pages~22 min full read
MIXI, Inc. reported a 21.1% increase in net sales to ¥65,734 million and a 23.1% rise in operating income to ¥11,249 million for the six months ended September 30, 2022.
See it on page 1Net income attributable to the parent plummeted 68.2% to ¥1,960 million, primarily due to significant losses associated with business withdrawals and other extraordinary items.
See it on page 5Full-year forecasts project net sales of ¥133,000 million, a 9.0% increase, but anticipate an 11.7% decline in operating income to ¥19,500 million due to margin compression and ongoing business exit costs.
See it on page 2Basic earnings per share fell sharply to ¥26.96 from ¥83.11 in the prior year, reflecting the impact of extraordinary charges and reduced net income.
See it on page 1Cash and cash equivalents decreased as the company utilized funds for treasury share repurchases and dividend payments, though the firm maintained a strong equity ratio of 82.0%.
See it on page 7The company confirmed an unchanged dividend policy of ¥55 per share for the fiscal year ending March 31, 2023.
See it on page 1Effective FY 2023, MIXI will reclassify its investment activities into a separate reportable segment, following the October 2022 acquisition of CONNECTIT Inc.
See it on page 11MIXI, Inc. reports consolidated financial results for the six months ended September 30 2022 under Japanese GAAP, covering April 1–September 30. Net sales rose 21.1 % to ¥65,734 million, while operating income increased 23.1 % to ¥11,249 million and ordinary income attributable to the parent fell 68.2 % to ¥1,960 million due to a significant loss on withdrawal from business and other extraordinary items. EBITDA grew 21.3 % to ¥13,484 million. Comprehensive income for the period was ¥3,073 million, a 49 % decline from ¥6,025 million in the prior year. Basic earnings per share dropped sharply to ¥26.96 from ¥83.11, reflecting the large operating loss and extraordinary charges.
Total assets increased to ¥221,903 million, with net assets at ¥184,517 million and an equity ratio of 82.0 %. Cash and cash equivalents fell to ¥118,893 million after substantial outflows for treasury share repurchases and dividend payments. The company maintained a stable equity base, with paid‑in capital unchanged at ¥9,698 million and retained earnings at ¥178,498 million.
MIXI forecasts a full‑year net sales of ¥133,000 million (up 9.0 %) but expects operating income to decline by 11.7 % to ¥19,500 million and ordinary income to fall 13.0 % to ¥15,500 million, driven by a projected loss on withdrawal from business and reduced operating margins. Dividend policy remains unchanged at ¥55 million per share for the fiscal year ending March 31 2023.
The report covers Japan exclusively, spans a six‑month period within FY 2022–23, and includes data from subsidiaries such as CONNECTIT Inc., acquired in October 2022. Methodological notes indicate adoption of fair‑value measurement guidance with no material impact on the results, and a reclassification of investment activities into a separate reportable segment effective from FY 2023.
