Mixi, Inc. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018; Provides Dividend Guidance for the Ending March 31, 2018
February 14, 2018
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mixi, Inc. reported consolidated earnings results for the nine months ended December 31, 2017. For the period, the company reported net sales of ¥135,436 million against ¥142,990 million a year ago. Operating income was ¥47,858 million against ¥56,511 million a year ago. Profit attributable to owners of parent was ¥25,126 million or ¥319.61 per share diluted against ¥38,864 million or ¥471.06 per diluted share a year ago. Income before income taxes was ¥40,803 million against ¥56,084 million a year ago. Net cash provided by operating activities was ¥29,149 million against ¥9,304 million a year ago. Purchase of property, plant and equipment was ¥963 million against ¥480 million a year ago. Purchase of intangible assets was ¥286 million against ¥13 million a year ago.
For the year ending March 31, 2018, on consolidated basis, the company expects net sales of ¥200,000 million, operating income of ¥70,000 million, profit attributable to owners of parent of ¥40,200 million or ¥513.20 per share.
For the year ending March 31, 2018, the company expects a dividend of ¥57 per share compared to ¥91 per share 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, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018; Provides Dividend Guidance for the Ending March 31, 2018