Financialmixi
Consolidated Financial Results for the Six Months Ended September 30, 2014: Japan
10 pages~17 min full read
Mixi, Inc. reported a 778.3% increase in net sales to ¥34,954 million for the six months ending September 30, 2014, compared to ¥3,979 million in the same period the previous year.
See it on page 1The company achieved a significant financial turnaround, reporting a net income of ¥9,082 million for the period, compared to a net loss of ¥1,352 million in 2013.
See it on page 4Operating income reached ¥14,350 million for the six-month period, a substantial improvement over the ¥398 million loss recorded in the prior year.
See it on page 4Management forecasts full-year net sales of ¥100,000 million for the fiscal year ending March 31, 2015, representing a projected 722.6% increase over the prior year.
See it on page 2The company maintains a strong balance sheet with total assets of ¥43,617 million and an equity ratio of 71.7%.
See it on page 3Cash and cash equivalents grew to ¥28,549 million, supported by a net cash inflow of ¥11,731 million from operating activities.
See it on page 6Mixi has shifted to a quarterly dividend policy, with a total dividend forecast of ¥49 million for the fiscal year ending March 31, 2015.
See it on page 1The consolidated financial results for mixi, Inc. cover the six‑month period from April 1 to September 30, 2014, and provide a forecast for the fiscal year ending March 31, 2015. Net sales surged to ¥34,954 million from ¥3,979 million in the same period a year earlier, reflecting a 778.3 % increase driven by expanded media and content offerings. Operating income rose to ¥14,350 million from a loss of ¥398 million, and ordinary income reached ¥14,342 million. Net income for the six months amounted to ¥9,082 million, a turnaround from a loss of ¥1,352 million in 2013, and translated into earnings per share of ¥112.97 (diluted ¥112.63). Comprehensive income for the period was ¥9,090 million.
Total assets grew to ¥43,617 million from ¥26,492 million, with net assets increasing to ¥31,329 million and an equity ratio of 71.7 %. Cash and cash equivalents rose to ¥28,549 million, supporting a net cash inflow of ¥11,731 million from operating activities. The company’s dividend policy shifted to quarterly payments, with a forecast of ¥49 million for the fiscal year ending March 31, 2015.
Segment analysis shows that the Media & Content Business and Life Events Business now comprise the primary revenue drivers, with significant company‑wide expense adjustments of ¥893 million. No changes in consolidation scope or accounting policies were reported, and the forecasted full‑year net sales of ¥100,000 million represent a 722.6 % increase over the prior year. The results indicate robust growth in user engagement and monetization, positioning mixi for continued expansion within Japan’s social networking and digital media markets.
