Updated Mar 17, 2026 by mixi
Mixi, Inc. experienced a contraction in the first half of fiscal year 2017, with net sales falling 9.1% year-over-year to ¥86,669 million.
Profitability declined significantly, as operating income dropped 21.5% to ¥34,284 million and profit attributable to owners of the parent fell 19.5% to ¥22,879 million.
The Entertainment Business remains the primary revenue driver at ¥79,452 million, though it saw a decline from the ¥89,027 million recorded in the same period of 2015.
The Media Platform Business demonstrated growth, with sales increasing from ¥6,324 million in the prior year to ¥7,217 million.
The company authorized a share repurchase program of up to 3,000,000 shares, capped at ¥10 billion, to improve capital efficiency and shareholder value.
Despite the earnings decline, the company strengthened its financial position, increasing its equity ratio to 82.6% from 73.6% at the end of the previous fiscal year.
Full-year forecasts for fiscal year 2017 anticipate a 4.4% increase in net sales to ¥218,000 million, alongside an expected 11.5% decline in net income to ¥54,000 million.
Mixi, Inc. experienced a contraction in the first half of fiscal year 2017, with net sales falling 9.1% year-over-year to ¥86,669 million.
Profitability declined significantly, as operating income dropped 21.5% to ¥34,284 million and profit attributable to owners of the parent fell 19.5% to ¥22,879 million.
The Entertainment Business remains the primary revenue driver at ¥79,452 million, though it saw a decline from the ¥89,027 million recorded in the same period of 2015.
The Media Platform Business demonstrated growth, with sales increasing from ¥6,324 million in the prior year to ¥7,217 million.
The company authorized a share repurchase program of up to 3,000,000 shares, capped at ¥10 billion, to improve capital efficiency and shareholder value.
Despite the earnings decline, the company strengthened its financial position, increasing its equity ratio to 82.6% from 73.6% at the end of the previous fiscal year.
Full-year forecasts for fiscal year 2017 anticipate a 4.4% increase in net sales to ¥218,000 million, alongside an expected 11.5% decline in net income to ¥54,000 million.