Mixi, Inc. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Revises Earnings Guidance for the Year Ending March 31, 2020; Provides Dividend Guidance for the Ending March 31, 2020
February 06, 2020
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mixi, Inc. reported consolidated earnings results for the nine months ended December 31, 2019. For the period, the company reported net sales of ¥72,364 million against ¥105,983 million a year ago. Operating income was ¥3,076 million against ¥26,899 million a year ago. Profit attributable to owners of parent was ¥426 million or ¥5.66 per share basic against ¥17,101 million or ¥225.50 per basic share a year ago. Diluted EPS was ¥5.62 against ¥224.97 a year ago. Profit was ¥425 million compared to ¥17,100 million a year ago.
For the year ending March 31, 2020, on consolidated basis, the company expects net sales of ¥103,000 million, operating income of ¥9,000 million, profit attributable to owners of parent of ¥4,000 million or ¥53.09 per share.
The company expected to pay dividend of JPY 55.00 per share for the year ending March 31, 2020 compared to JPY 60.00 per share paid a year ago.
MIXI Inc is a Japan-based company mainly engaged in the digital entertainment business, sports business and lifestyle business. The Company operates through three business segments. The Digital Entertainment Business segment is engaged in the provision of games for smart devices, the implementation of related events, and the production and sale of goods. The Sports Business segment is engaged in the investment in sports team management and public sports related businesses. The Lifestyle Business segment is engaged in the management of services that are related to people's lives using the Internet. The main services include Kazoku Album Mitene, a photo and video sharing application for families, and minimo, a salon staff direct reservation application.
Mixi, Inc. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Revises Earnings Guidance for the Year Ending March 31, 2020; Provides Dividend Guidance for the Ending March 31, 2020