Reported Earnings • Aug 04
First quarter 2027 earnings released: EPS: JP¥89.47 (vs JP¥20.91 in 1Q 2026) First quarter 2027 results: EPS: JP¥89.47 (up from JP¥20.91 in 1Q 2026). Revenue: JP¥47.1b (up 50% from 1Q 2026). Net income: JP¥5.83b (up 312% from 1Q 2026). Profit margin: 12% (up from 4.5% in 1Q 2026). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Aug 04
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 35% to €18.30. The fair value is estimated to be €14.87, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.8% over the last 3 years. Earnings per share has grown by 50%. Revenue is forecast to grow by 6.7% in 2 years. Earnings are forecast to decline by 28% in the next 2 years. Declared Dividend • Jul 26
Final dividend of JP¥60.00 announced Shareholders will receive a dividend of JP¥60.00. Ex-date: 29th September 2026 Payment date: 15th December 2026 Dividend yield will be 413%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (46% earnings payout ratio) and cash flows (86% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 5.3% over the next 3 years. However, it would need to fall by 49% to increase the payout ratio to a potentially unsustainable range. Announcement • Jul 09
MIXI, Inc. to Report Q1, 2027 Results on Jul 31, 2026 MIXI, Inc. announced that they will report Q1, 2027 results on Jul 31, 2026 Reported Earnings • May 20
Full year 2026 earnings released: EPS: JP¥261 (vs JP¥255 in FY 2025) Full year 2026 results: EPS: JP¥261. Revenue: JP¥171.4b (up 11% from FY 2025). Net income: JP¥17.3b (down 1.9% from FY 2025). Profit margin: 10% (down from 11% in FY 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.2% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Entertainment industry in Germany. Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Toshiaki Kawai was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • May 15
MIXI, Inc., Annual General Meeting, Jun 26, 2026 MIXI, Inc., Annual General Meeting, Jun 26, 2026. Board Change • Dec 30
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Toshiaki Kawai was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Oct 15
MIXI, Inc. to Report Q2, 2026 Results on Nov 14, 2025 MIXI, Inc. announced that they will report Q2, 2026 results on Nov 14, 2025 Announcement • Jul 10
MIXI, Inc. to Report Q1, 2026 Results on Jul 31, 2025 MIXI, Inc. announced that they will report Q1, 2026 results on Jul 31, 2025 Announcement • Jun 26
MIXI, Inc. Announces Chair of the Nomination and Compensation Committee Changes, Effective on June 26, 2025 MIXI, Inc. announced chair if the nomination and compensation committee. Former: Koki Kimura (president, representative director) . New: Akihisa Fujita (outside director). Date of change: June 26, 2025. Announcement • May 14
MIXI, Inc., Annual General Meeting, Jun 26, 2025 MIXI, Inc., Annual General Meeting, Jun 26, 2025. Announcement • Apr 26
BJ, Inc. (TSE:6071) acquired additional 23.88% stake in Decollte Holdings Corporation (TSE:7372) from MIXI, Inc., Investment Arm. IBJ, Inc. (TSE:6071) signed a letter of intent to acquire an additional 23.88% stake in Decollte Holdings Corporation (TSE:7372) from MIXI, Inc., Investment Arm for approximately ¥610 million on April 3, 2025. IBJ, Inc. (TSE:6071) signed Capital and Business Alliance Agreement to acquire an additional 23.88% stake in Decollte Holdings Corporation (TSE:7372) from MIXI, Inc., Investment Arm on April 25, 2025.A cash consideration valued at ¥450 per share will be paid by IBJ, Inc. As part of consideration, an undisclosed value is paid towards common equity of Decollte Holdings Corporation. Upon completion, IBJ, Inc. will own 29.81% stake in Decollte Holdings Corporation and MIXI will continue to own 3.14% stake in Decollte Holdings Corporation.
BJ, Inc. (TSE:6071) completed the acquisition of additional 23.88% stake in Decollte Holdings Corporation (TSE:7372) from MIXI, Inc., Investment Arm on April 25, 2025. Announcement • Apr 18
MIXI, Inc. to Report Q4, 2025 Results on May 14, 2025 MIXI, Inc. announced that they will report Q4, 2025 results on May 14, 2025 Announcement • Apr 04
IBJ, Inc. (TSE:6071) signed a letter of intent to acquire an additional 23.88% stake in Decollte Holdings Corporation (TSE:7372) from MIXI, Inc., Investment Arm for approximately ¥610 million. IBJ, Inc. (TSE:6071) signed a letter of intent to acquire an additional 23.88% stake in Decollte Holdings Corporation (TSE:7372) from MIXI, Inc., Investment Arm for approximately ¥610 million on April 3, 2025. A cash consideration valued at ¥450 per share will be paid by IBJ, Inc. As part of consideration, an undisclosed value is paid towards common equity of Decollte Holdings Corporation. Upon completion, IBJ, Inc. will own 29.81% stake in Decollte Holdings Corporation and MIXI will continue to own 3.14% stake in Decollte Holdings Corporation.
The expected completion of the transaction is April 10, 2025. Announcement • Jan 19
MIXI, Inc. to Report Q3, 2025 Results on Feb 13, 2025 MIXI, Inc. announced that they will report Q3, 2025 results on Feb 13, 2025 Announcement • Oct 09
MIXI, Inc. to Report Q2, 2025 Results on Nov 08, 2024 MIXI, Inc. announced that they will report Q2, 2025 results on Nov 08, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥55.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 11 December 2024. Payout ratio and cash payout ratio are on the higher end at 97% and 86% respectively. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.9%). Reported Earnings • Aug 19
First quarter 2025 earnings released: EPS: JP¥31.85 (vs JP¥18.11 in 1Q 2024) First quarter 2025 results: EPS: JP¥31.85 (up from JP¥18.11 in 1Q 2024). Revenue: JP¥30.1b (up 3.0% from 1Q 2024). Net income: JP¥2.24b (up 70% from 1Q 2024). Profit margin: 7.4% (up from 4.5% in 1Q 2024). Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Announcement • Jun 30
MIXI, Inc. to Report Q1, 2025 Results on Aug 13, 2024 MIXI, Inc. announced that they will report Q1, 2025 results on Aug 13, 2024 Reported Earnings • May 13
Full year 2024 earnings released: EPS: JP¥99.70 (vs JP¥70.86 in FY 2023) Full year 2024 results: EPS: JP¥99.70 (up from JP¥70.86 in FY 2023). Revenue: JP¥146.9b (flat on FY 2023). Net income: JP¥7.08b (up 37% from FY 2023). Profit margin: 4.8% (up from 3.5% in FY 2023). Revenue is expected to decline by 1.6% p.a. on average during the next 2 years, while revenues in the Entertainment industry in Germany are expected to grow by 5.4%. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Announcement • May 12
MIXI, Inc., Annual General Meeting, Jun 26, 2024 MIXI, Inc., Annual General Meeting, Jun 26, 2024. Announcement • May 11
MIXI, Inc. (TSE:2121) announces an Equity Buyback for 3,750,000 shares, representing 5.33% for ¥7,500 million. MIXI, Inc. (TSE:2121) announces a share repurchase program. Under the program, the company will repurchase 3,750,000 shares, representing 5.14% of the outstanding shares for ¥7,500 million. The purpose of the program is to improve shareholder returns, enhance capital efficiency and, enable the implementation of a flexible capital policy in response to changes in the business environment, and to improve shareholder value. The program will run until the end of March 2025. As of March 31, 2024, the company had 70,310,015 shares outstanding and 3,420,835 shares in treasury. Announcement • Apr 11
MIXI, Inc. to Report Q4, 2024 Results on May 10, 2024 MIXI, Inc. announced that they will report Q4, 2024 results on May 10, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥55.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 06 June 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (4.9%). Higher than average of industry peers (1.7%). Reported Earnings • Feb 11
Third quarter 2024 earnings released: EPS: JP¥34.38 (vs JP¥0.82 in 3Q 2023) Third quarter 2024 results: EPS: JP¥34.38 (up from JP¥0.82 in 3Q 2023). Revenue: JP¥41.2b (up 5.6% from 3Q 2023). Net income: JP¥2.42b (up JP¥2.36b from 3Q 2023). Profit margin: 5.9% (up from 0.2% in 3Q 2023). Revenue is expected to decline by 3.6% p.a. on average during the next 3 years, while revenues in the Entertainment industry in Germany are expected to grow by 4.3%. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Announcement • Jan 18
MIXI, Inc. to Report Q3, 2024 Results on Feb 09, 2024 MIXI, Inc. announced that they will report Q3, 2024 results on Feb 09, 2024 Reported Earnings • Nov 12
Second quarter 2024 earnings released: EPS: JP¥13.19 (vs JP¥21.45 loss in 2Q 2023) Second quarter 2024 results: EPS: JP¥13.19 (up from JP¥21.45 loss in 2Q 2023). Revenue: JP¥34.8b (flat on 2Q 2023). Net income: JP¥935.0m (up JP¥2.50b from 2Q 2023). Profit margin: 2.7% (up from net loss in 2Q 2023). Revenue is expected to decline by 2.1% p.a. on average during the next 3 years, while revenues in the Entertainment industry in Germany are expected to grow by 2.4%. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Announcement • Oct 14
MIXI, Inc. to Report Q2, 2024 Results on Nov 10, 2023 MIXI, Inc. announced that they will report Q2, 2024 results on Nov 10, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of JP¥55.00 per share at 4.6% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.6%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.8%). New Risk • Aug 09
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 165% Cash payout ratio: 332% Dividend yield: 4.4% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 165% Cash payout ratio: 332% Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.0% net profit margin). Reported Earnings • Aug 08
First quarter 2024 earnings released: EPS: JP¥18.11 (vs JP¥48.57 in 1Q 2023) First quarter 2024 results: EPS: JP¥18.11 (down from JP¥48.57 in 1Q 2023). Revenue: JP¥29.2b (down 5.9% from 1Q 2023). Net income: JP¥1.32b (down 63% from 1Q 2023). Profit margin: 4.5% (down from 11% in 1Q 2023). Revenue is expected to decline by 1.5% p.a. on average during the next 3 years, while revenues in the Entertainment industry in Germany are expected to grow by 2.3%. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Reported Earnings • Jun 28
Full year 2023 earnings released: EPS: JP¥70.86 (vs JP¥140 in FY 2022) Full year 2023 results: EPS: JP¥70.86 (down from JP¥140 in FY 2022). Revenue: JP¥146.9b (up 24% from FY 2022). Net income: JP¥5.16b (down 50% from FY 2022). Profit margin: 3.5% (down from 8.7% in FY 2022). Revenue is expected to decline by 1.8% p.a. on average during the next 3 years, while revenues in the Entertainment industry in Germany are expected to grow by 6.8%. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Reported Earnings • May 18
Full year 2023 earnings released: EPS: JP¥70.86 (vs JP¥140 in FY 2022) Full year 2023 results: EPS: JP¥70.86 (down from JP¥140 in FY 2022). Revenue: JP¥146.9b (up 24% from FY 2022). Net income: JP¥5.16b (down 50% from FY 2022). Profit margin: 3.5% (down from 8.7% in FY 2022). Revenue is expected to decline by 3.2% p.a. on average during the next 2 years, while revenues in the Entertainment industry in Germany are expected to grow by 4.6%. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥55.00 per share at 4.1% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 14 June 2023. The company is paying out more than 100% of its profits and is paying out 86% of its cash flow. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.8%). Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥0.82 (vs JP¥17.38 in 3Q 2022) Third quarter 2023 results: EPS: JP¥0.82 (down from JP¥17.38 in 3Q 2022). Revenue: JP¥39.1b (up 32% from 3Q 2022). Net income: JP¥60.0m (down 95% from 3Q 2022). Profit margin: 0.2% (down from 4.3% in 3Q 2022). Revenue is expected to decline by 5.8% p.a. on average during the next 3 years, while revenues in the Entertainment industry in Germany are expected to grow by 3.0%. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Announcement • Jan 20
MIXI, Inc. to Report Q3, 2023 Results on Feb 10, 2023 MIXI, Inc. announced that they will report Q3, 2023 results on Feb 10, 2023 Board Change • Nov 17
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Outside Director Akihisa Fujita was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 06
Second quarter 2023 earnings released: JP¥21.45 loss per share (vs JP¥28.79 profit in 2Q 2022) Second quarter 2023 results: JP¥21.45 loss per share (down from JP¥28.79 profit in 2Q 2022). Revenue: JP¥34.7b (up 50% from 2Q 2022). Net loss: JP¥1.56b (down 174% from profit in 2Q 2022). Revenue is expected to decline by 3.0% p.a. on average during the next 3 years, while revenues in the Entertainment industry in Germany are expected to grow by 12%. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Announcement • Oct 19
mixi, Inc. to Report Q2, 2023 Results on Nov 04, 2022 mixi, Inc. announced that they will report Q2, 2023 results on Nov 04, 2022 Buying Opportunity • Oct 01
Now 22% undervalued Over the last 90 days, the stock is up 4.6%. The fair value is estimated to be €20.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 11%. Revenue is forecast to decline by 0.1% in 2 years. Earnings is forecast to grow by 0.5% in the next 2 years. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥55.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 06 December 2022. Payout ratio is on the higher end at 82%, and the cash payout ratio is above 100%. Trailing yield: 4.6%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (2.2%). Reported Earnings • Aug 07
First quarter 2023 earnings released: EPS: JP¥48.57 (vs JP¥54.03 in 1Q 2022) First quarter 2023 results: EPS: JP¥48.57 (down from JP¥54.03 in 1Q 2022). Revenue: JP¥31.0b (up 9.4% from 1Q 2022). Net income: JP¥3.52b (down 13% from 1Q 2022). Profit margin: 11% (down from 14% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to stay flat compared to a 130% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • Jul 17
mixi, Inc. to Report Q1, 2023 Results on Aug 05, 2022 mixi, Inc. announced that they will report Q1, 2023 results on Aug 05, 2022 Reported Earnings • May 16
Full year 2022 earnings released: EPS: JP¥140 (vs JP¥208 in FY 2021) Full year 2022 results: EPS: JP¥140 (down from JP¥208 in FY 2021). Revenue: JP¥118.1b (down 1.0% from FY 2021). Net income: JP¥10.3b (down 35% from FY 2021). Profit margin: 8.7% (down from 13% in FY 2021). The decrease in margin was primarily driven by higher expenses. Over the next year, revenue is expected to shrink by 5.8% compared to a 25% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Announcement • May 15
mixi, Inc., Annual General Meeting, Jun 28, 2022 mixi, Inc., Annual General Meeting, Jun 28, 2022. Agenda: General meeting of shareholders. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Masuo Yoshimatsu was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 20
mixi, Inc. to Report Fiscal Year 2022 Results on May 13, 2022 mixi, Inc. announced that they will report fiscal year 2022 results on May 13, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥55.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 10 June 2022. Payout ratio is a comfortable 64% but the company is not cash flow positive. Trailing yield: 5.0%. Within top quartile of German dividend payers (3.6%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 06
Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint Third quarter 2022 results: EPS: JP¥17.38 (up from JP¥14.60 in 3Q 2021). Revenue: JP¥29.5b (up 1.8% from 3Q 2021). Net income: JP¥1.26b (up 15% from 3Q 2021). Profit margin: 4.3% (up from 3.8% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.2%. Over the next year, revenue is forecast to grow 3.9%, compared to a 36% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 06
Second quarter 2022 earnings released: EPS JP¥28.79 (vs JP¥58.95 in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥23.2b (down 21% from 2Q 2021). Net income: JP¥2.11b (down 52% from 2Q 2021). Profit margin: 9.1% (down from 15% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 06
Second quarter 2022 earnings released: EPS JP¥28.79 (vs JP¥58.95 in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥23.2b (down 21% from 2Q 2021). Net income: JP¥2.11b (down 52% from 2Q 2021). Profit margin: 9.1% (down from 15% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥55.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 07 December 2021. Trailing yield: 4.2%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.1%). Valuation Update With 7 Day Price Move • Sep 14
Investor sentiment improved over the past week After last week's 15% share price gain to €21.40, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 42x in the Interactive Media and Services industry in Europe. Total returns to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €34.33 per share. Reported Earnings • Aug 11
First quarter 2022 earnings released: EPS JP¥54.03 (vs JP¥64.91 in 1Q 2021) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥28.4b (down 3.4% from 1Q 2021). Net income: JP¥4.05b (down 17% from 1Q 2021). Profit margin: 14% (down from 17% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Reported Earnings • May 10
Full year 2021 earnings released: EPS JP¥208 (vs JP¥142 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥119.3b (up 6.4% from FY 2020). Net income: JP¥15.7b (up 46% from FY 2020). Profit margin: 13% (up from 9.6% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Announcement • May 08
mixi, Inc. (TSE:2121) announces an Equity Buyback for 3,800,000 shares, representing 5.04% for ¥7,500 million. mixi, Inc. (TSE:2121) announces a share repurchase program. Under the program, the company will repurchase 3,800,000 shares, representing 5.04% of the outstanding shares for ¥7,500 million. The purpose of the program is to improve shareholder returns, enhance capital efficiency and, enable the implementation of a flexible capital policy in response to changes in the business environment, and to improve shareholder value. The program will run until the end of March 2022. As of March 31, 2021, the company had 75,374,450 shares outstanding and 2,856,400 shares in treasury. Upcoming Dividend • Mar 24
Upcoming dividend of JP¥55.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 11 June 2021. Trailing yield: 3.8%. Within top quartile of German dividend payers (3.3%). Higher than average of industry peers (1.2%). Is New 90 Day High Low • Mar 13
New 90-day high: €21.80 The company is up 7.0% from its price of €20.40 on 11 December 2020. The German market is up 11% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Interactive Media and Services industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €13.84 per share. Reported Earnings • Feb 10
Third quarter 2021 earnings released: EPS JP¥14.60 (vs JP¥23.44 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥29.0b (up 14% from 3Q 2020). Net income: JP¥1.10b (up JP¥2.87b from 3Q 2020). Profit margin: 3.8% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Feb 10
Revenue misses expectations Revenue missed analyst estimates by 2.1%. Over the next year, revenue is expected to shrink by 12% compared to a 35% growth forecast for the Interactive Media and Services industry in Germany. Is New 90 Day High Low • Jan 19
New 90-day low: €19.10 The company is down 18% from its price of €23.20 on 21 October 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Interactive Media and Services industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €14.26 per share. Announcement • Jan 08
mixi, Inc. to Report Q3, 2021 Results on Feb 05, 2021 mixi, Inc. announced that they will report Q3, 2021 results on Feb 05, 2021 Is New 90 Day High Low • Dec 23
New 90-day low: €19.40 The company is down 11% from its price of €21.80 on 24 September 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Interactive Media and Services industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €14.16 per share. Analyst Estimate Surprise Post Earnings • Nov 14
Revenue beats expectations Revenue exceeded analyst estimates by 8.2%. Over the next year, revenue is expected to shrink by 6.5% compared to a 33% growth forecast for the Interactive Media and Services industry in Germany. Is New 90 Day High Low • Nov 10
New 90-day high: €25.60 The company is up 41% from its price of €18.10 on 11 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Interactive Media and Services industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.91 per share. Analyst Estimate Surprise Post Earnings • Nov 10
Revenue beats expectations Revenue exceeded analyst estimates by 8.2%. Over the next year, revenue is expected to shrink by 6.5% compared to a 33% growth forecast for the Interactive Media and Services industry in Germany. Reported Earnings • Nov 08
Second quarter 2021 earnings released: EPS JP¥58.95 The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥29.4b (up 13% from 2Q 2020). Net income: JP¥4.44b (up 320% from 2Q 2020). Profit margin: 15% (up from 4.1% in 2Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Announcement • Oct 10
mixi, Inc. to Report Q2, 2021 Results on Nov 06, 2020 mixi, Inc. announced that they will report Q2, 2021 results on Nov 06, 2020 Is New 90 Day High Low • Sep 18
New 90-day high: €21.40 The company is up 35% from its price of €15.90 on 19 June 2020. The German market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Interactive Media and Services industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.64 per share. Announcement • Jul 31
mixi, Inc. (TSE:2121) completed the acquisition of 72.81% stake in Chiba Jets Funabashi, Inc. for ¥ 1 billion. mixi, Inc. (TSE:2121) signed a share acquisition agreement to acquire Chiba Jets Funabashi, Inc. on April 15, 2019. The agreement is scheduled to be closed in September 2019.
mixi, Inc. (TSE:2121) completed the acquisition of 72.81% stake in Chiba Jets Funabashi, Inc. for ¥ 1 billion on October 31, 2019. Announcement • Jul 17
mixi, Inc. to Report Q1, 2021 Results on Aug 07, 2020 mixi, Inc. announced that they will report Q1, 2021 results on Aug 07, 2020 Announcement • Jun 22
mixi, Inc.(TSE:2121) dropped from S&P Japan 500 mixi, Inc.(TSE:2121) dropped from S&P Japan 500 
