Updated Mar 17, 2026 by mixi
Mixi, Inc. experienced a significant financial contraction for the six months ending September 30, 2019, with net sales falling 34.1% to ¥46,835 million and operating income dropping 80.5% to ¥4,035 million.
Profit attributable to owners of the parent plummeted 83.0% to ¥2,192 million, causing basic earnings per share to decline from ¥169.87 in the previous year to ¥29.09.
The Entertainment Business remains the company's primary revenue driver at ¥45,137 million, yet its segment profit saw a sharp year-over-year decrease from ¥25,421 million to ¥9,724 million.
The Lifestyle Business segment reported a loss of ¥439 million on sales of ¥1,697 million, contributing to the overall downward trend in company performance.
Full-year projections for the fiscal year ending March 31, 2020, anticipate continued decline, with profit attributable to owners expected to reach ¥3,000 million, representing an annual decrease of over 80%.
Despite declining earnings, the company maintains a strong financial position with total assets of ¥188,135 million, an equity ratio of 93.5%, and substantial cash and deposits of ¥142,693 million.
The company continues to pursue portfolio diversification, evidenced by investing activity outflows of ¥1,469 million for subsidiary acquisitions and ¥1,856 million for investment securities.
Mixi, Inc. experienced a significant financial contraction for the six months ending September 30, 2019, with net sales falling 34.1% to ¥46,835 million and operating income dropping 80.5% to ¥4,035 million.
Profit attributable to owners of the parent plummeted 83.0% to ¥2,192 million, causing basic earnings per share to decline from ¥169.87 in the previous year to ¥29.09.
The Entertainment Business remains the company's primary revenue driver at ¥45,137 million, yet its segment profit saw a sharp year-over-year decrease from ¥25,421 million to ¥9,724 million.
The Lifestyle Business segment reported a loss of ¥439 million on sales of ¥1,697 million, contributing to the overall downward trend in company performance.
Full-year projections for the fiscal year ending March 31, 2020, anticipate continued decline, with profit attributable to owners expected to reach ¥3,000 million, representing an annual decrease of over 80%.
Despite declining earnings, the company maintains a strong financial position with total assets of ¥188,135 million, an equity ratio of 93.5%, and substantial cash and deposits of ¥142,693 million.
The company continues to pursue portfolio diversification, evidenced by investing activity outflows of ¥1,469 million for subsidiary acquisitions and ¥1,856 million for investment securities.