MIXI (2121) investor relations material

Executive summary

• Net sales for Q1 FY2027 rose 50.3% year-over-year to ¥47,073 million, with all segments achieving growth, led by Sports due to PointsBet consolidation and robust domestic betting.

• EBITDA increased 125.0% year-over-year to ¥8,637 million, and profit attributable to owners of parent surged 311.7% to ¥5,825 million.

• Lifestyle and Digital Entertainment segments posted double-digit sales growth, with EBITDA improvements from higher sales and cost optimization.

• Deferred tax assets from the planned transfer of bitbank shares contributed to higher net income.

• The company advanced AI integration, establishing a CAIO role and partnering with Runway to enhance efficiency.

Financial highlights

• Operating income doubled year-over-year to ¥5,428 million, and ordinary income rose 179.3% to ¥5,652 million.

• Profit attributable to owners of parent was ¥5,825 million for the quarter, with basic EPS at ¥89.47.

• Equity ratio improved to 66.4% as of June 30, 2026, and cash and cash equivalents at period end were ¥109,212 million.

• EBITDA margin for Q1 FY2027 was 18.4%.

• Profit from the sale of bitbank shares will be recognized in the third quarter.

Outlook and guidance

• Full-year FY2027 net sales forecast is ¥185,000 million, up 8.0% year-over-year.

• Profit attributable to owners of parent projected at ¥25,000 million, a 44.8% increase year-over-year, reflecting expected extraordinary income from the bitbank share sale.

• Operating income is expected to decline 12.4% year-over-year to ¥19,500 million.

• Annual dividend forecast raised to ¥155 per share, with interim and year-end dividends at ¥60 and ¥95, respectively.

• Q1 results represent 25.4% of full-year net sales and 43.1% of profit forecast.