Financial

Consolidated Financial Results for the Six Months Ended September 30, 2018

1 November 20189 pages2,666 words

Summary

These consolidated financial results for mixi, Inc. cover the six-month period ending September 30, 2018. The data reveals a significant year-over-year downturn in financial performance across all primary metrics. Net sales decreased by 23.8% to ¥71,044 million, while operating income fell 43.9% to ¥20,723 million. Profit attributable to owners of the parent saw the sharpest decline, dropping 48.6% to ¥12,924 million compared to the same period in 2017. The company’s operations are divided into two primary reportable segments: Entertainment and Lifestyle. The Entertainment Business remains the dominant revenue driver, contributing ¥68,044 million in sales, though this represents a decrease from the ¥86,252 million recorded in the previous year. The Lifestyle Business saw a more drastic contraction, with sales falling from ¥7,003 million to ¥3,000 million, resulting in a segment loss of ¥815 million. This decline is partially attributed to a loss on business withdrawal totaling ¥2,018 million recorded as an extraordinary loss. Despite the reduction in earnings, the company maintains a strong financial position with total assets of ¥187,788 million and an equity ratio of 90.1%. Cash and deposits remain high at ¥147,921 million. Significant capital activity during the period included the repurchase of 2,795,800 treasury shares, valued at approximately ¥9,455 million. Looking ahead, the full-year forecast for the fiscal year ending March 31, 2019, has been revised downward. The company expects annual net sales of ¥155,000 million and a 42% decrease in operating income compared to the previous fiscal year. Dividends are projected at ¥120 per share for the full year, a slight decrease from the ¥121 paid in the prior period. These results were prepared under Japanese GAAP and have not been subject to a full quarterly review by an external audit firm.

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Consolidated Financial Results for the Six Months Ended September 30, 2019

These consolidated financial results for mixi, Inc. cover the six-month period ending September 30, 2019. The data reveals a significant year-over-year contraction in financial performance across all primary metrics. Net sales fell by 34.1% to ¥46,835 million, while operating income and ordinary income both saw a sharp decline of 80.5%, dropping to approximately ¥4,035 million and ¥4,063 million, respectively. Profit attributable to owners of the parent decreased by 83.0% to ¥2,192 million, resulting in basic earnings per share of ¥29.09, down from ¥169.87 in the previous year. The company’s operations are divided into two reportable segments: Entertainment and Lifestyle. The Entertainment Business remains the primary revenue driver, contributing ¥45,137 million in sales, though its segment profit fell from ¥25,421 million to ¥9,724 million year-over-year. The Lifestyle Business reported a segment loss of ¥439 million on sales of ¥1,697 million. Despite the downturn in earnings, the company maintains a strong financial position with total assets of ¥188,135 million and a high equity ratio of 93.5%. Cash and deposits remain substantial at ¥142,693 million. The full-year forecast for the fiscal year ending March 31, 2020, anticipates continued downward pressure, with net sales projected at ¥100,000 million and profit attributable to owners expected to reach ¥3,000 million. These projections represent an anticipated annual decrease of over 80% in profitability compared to the prior fiscal year. Cash flow analysis indicates that while operating activities generated ¥8,537 million, significant outflows occurred in investing activities, including ¥1,469 million for subsidiary acquisitions and ¥1,856 million for investment securities, reflecting ongoing efforts to diversify the portfolio despite the current decline in core segment performance.

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Consolidated Financial Results for the Six Months Ended September 30, 2018

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