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mixi
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115 documents
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Report
Consolidated Financial Results for the Nine Months Ended December 31, 2014: Japan
The nine‑month financial results for mixi, Inc., covering April 1 to December 31 2014, demonstrate a dramatic turnaround from the prior year. Net sales surged 973.7 % to ¥68,265 million, driven by a sharp increase in external customer sales across the Media & Content and Life Events businesses. Operating income rose to ¥29,927 million from a loss of ¥509 million in the same period last year, resulting in an ordinary income of ¥29,979 million and a net profit of ¥19,104 million. Comprehensive income for the period was ¥19,199 million, compared with a loss of ¥1,481 million the previous year. Net income per share reached ¥237.50 (diluted ¥236.88) versus a loss of ¥21.08 per share in 2013. Total assets expanded from ¥26,492 million to ¥62,426 million, while equity grew from ¥22,238 million to ¥39,402 million, raising the equity ratio to 63.5 % from 84.5 %. Cash and cash equivalents increased markedly, ending the period at ¥42,065 million. The company’s liquidity improved as current liabilities rose to ¥22,771 million, largely due to higher accounts payable and tax provisions. The forecast for the fiscal year ending March 31 2015 projects net sales of ¥110,000 million and a net income of ¥32,000 million. No changes in accounting policies or significant subsidiaries were reported for the nine‑month period, and a five‑for‑one stock split on July 1 2014 was accounted for in per‑share calculations. The results reflect mixi’s strategic realignment of reportable segments and expansion into new business areas, underpinning its return to profitability.
mixi
Report
Quarterly Consolidated Balance Sheets: 3Q FY2012
The quarterly consolidated balance sheets and income statements for the third quarter of fiscal year 2012 present a clear picture of the company’s financial position and performance. As of December 31, 2012, total assets rose to ¥19,906 million from ¥19,649 million at the end of March 2012, driven primarily by an increase in current assets—especially cash and deposits—which grew from ¥10,423 million to ¥12,555 million. Current liabilities fell by 25%, from ¥4,848 million to ¥3,624 million, largely due to reductions in accounts payable and income taxes payable. Shareholders’ equity increased from ¥14,722 million to ¥16,217 million, reflecting higher retained earnings (¥10,367 million vs. ¥8,955 million) and a modest decline in treasury stock. Operating performance improved markedly. Net sales climbed 4% to ¥9,922 million, while cost of sales fell by 10%, boosting gross profit from ¥6,373 million to ¥7,083 million. Operating income more than doubled, rising from ¥1,385 million to ¥2,342 million. Non‑operating items shifted favorably: interest income remained flat, but gains on investments and other non‑operating income increased. Ordinary income surged from ¥1,226 million to ¥2,349 million, and extraordinary gains—particularly the sale of subsidiary stocks—added ¥406 million in 3Q FY2012, offsetting a smaller extraordinary loss of ¥115 million. Comprehensive income followed the same upward trend, rising from ¥464 million to ¥1,631 million. Cash flow statements show a dramatic improvement in operating cash generation, from ¥246 million to ¥1,940 million, while investing activities shifted from a net outflow of ¥1,922 million to a smaller outflow of ¥677 million. Financing cash flows turned from a net outflow of ¥1,906 million to a modest inflow of ¥137 million, reflecting the disposal of treasury stock and reduced dividend payments. Overall, the company demonstrated stronger liquidity, profitability, and shareholder value creation in 3Q FY2012 compared to the same period a year earlier.
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