MIXI, Inc. Consolidated Financial Results for the Six Months Ended September 30, 2023

MIXI, Inc.’s consolidated financial results for the six months ended September 30, 2023, reflect a period of contraction in core profitability despite a stable equity position. The company reported net sales of ¥63,968 million, representing a 2.7% decline compared to the same period in the previous fiscal year. Operating income experienced a significant downturn, falling 66.1% to ¥3,811 million, while EBITDA dropped 55.9% to ¥5,943 million. Conversely, profit attributable to owners of the parent rose by 14.8% to ¥2,250 million, supported by a reduction in extraordinary losses compared to the prior year.

The company’s operations are categorized into four primary segments: Digital Entertainment, Sports, Lifestyle, and Investment. The Digital Entertainment segment, anchored by the mobile game Monster Strike, remains the primary revenue driver, though it saw segment profit decline from ¥20,524 million in the previous year to ¥13,440 million. The Sports and Lifestyle segments also faced challenges, with the Sports business reporting a segment loss of ¥876 million. Overall, the company maintains a strong financial position with an equity ratio of 82.6% and total assets of ¥208,815 million as of September 30, 2023.

The financial results were prepared in accordance with Japanese GAAP. During this period, the company engaged in significant capital management activities, including the repurchase and subsequent cancellation of treasury shares. Looking ahead to the full fiscal year ending March 31, 2024, the company maintains its forecast of ¥138,000 million in net sales and ¥12,000 million in operating income. These projections are based on current information and remain subject to market risks and uncertainties inherent in the digital entertainment and services sectors.