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Mixi (2121) AI Stock Analysis
Mixi
(TSE/TYO:2121)
The overall score of 77 reflects a company with strong financial health and attractive valuation, partially offset by mixed technical signals. The most significant positive factors are the robust recovery in profitability and cash flow, a conservative balance sheet, and a compelling combination of a low P/E ratio and high dividend yield. The primary moderating factor is the neutral-to-weak short-term technical momentum, which tempers the otherwise bullish fundamental picture.
Mixi (2121) vs. iShares MSCI Japan ETF (EWJ)
- Market Cap
- JPY 1.39B
- Dividend Yield
- 3.00%
- Average Volume (3M)
- 360.04K
- Price to Earnings (P/E)
- 11.8
- Beta (1Y)
- 0.33
- Revenue Growth
- 30.31%
- EPS Growth
- 33.74%
- Country
- Japan
- Employees
- 2,116
- Sector
- Communication Services
- Sector Strength
- 60
- Industry
- Electronic Gaming & Multimedia
Mixi Business Overview & Revenue Model
Company Description
Tokyo-based mixi, Inc., initially founded as eMecury Co., Ltd. in 1999 before its rebranding in February 2006, is a diverse Japanese enterprise focused on entertainment and lifestyle services. The company boasts a robust digital portfolio, encompassi...
How the Company Makes Money
Null.
Mixi Earnings Call Summary
The earnings call presented a generally positive outlook with significant growth in several segments, strong performance of new products, and successful launches. However, challenges such as misconduct impact and declines in certain entertainment products were noted.
Q2-2025 Updates
Positive Updates
Negative Updates
Company Guidance
During the Q2 2025 earnings call for 2121.T, CFO Kohei Shimamura reported a positive financial performance with net sales reaching JPY 38.7 billion and EBITDA at JPY 7.1 billion. The company saw an operating income of JPY 5.9 billion and a profit attributable to owners of the parent at JPY 2.9 billion, despite a JPY 500 million decrease in net income due to misconduct at a subsidiary. The Sports segment experienced a 28.6% year-on-year increase in net sales to JPY 9.6 billion, driven by TIPSTAR and FC Tokyo, while the Lifestyle segment saw a 27.7% rise in sales to JPY 2.7 billion. However, the Digital Entertainment segment faced a 9.1% decline in sales to JPY 22 billion, despite a 27.7% increase in EBITDA to JPY 8.2 billion. The Investment segment reported net sales of JPY 4.3 billion, bolstered by Timee share sales. CEO Koki Kimura highlighted the strong performance of new character sales for Monster Strike and the promising growth of the new SNS mixi2, with over 1.2 million registered users by December.
Mixi Financial Statement Overview
Summary
Financial performance is strong, driven by a robust recovery in revenue growth (6.9% TTM), expanding margins (TTM EBIT margin of 15.2%), and excellent cash flow generation. The balance sheet is conservative with a manageable debt-to-equity ratio of 23.5% and a healthy ROE of 12.0%. The primary risk is historical volatility in earnings and cash flow, typical for the industry.
Income Statement
78PositiveBalance Sheet
82Very PositiveCash Flow
85Very Positive| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 199.96B | 171.37B | 154.85B | 146.87B | 146.87B | 118.10B |
| Gross Profit | 131.56B | 113.59B | 106.04B | 102.63B | 105.12B | 88.58B |
| EBITDA | 43.13B | 34.25B | 32.03B | 17.00B | 15.97B | 20.36B |
| Net Income | 22.25B | 17.27B | 17.60B | 7.08B | 5.16B | 10.26B |
Balance Sheet | ||||||
| Total Assets | 294.61B | 280.40B | 225.54B | 207.34B | 222.32B | 218.06B |
| Cash, Cash Equivalents and Short-Term Investments | 147.33B | 146.31B | 144.04B | 129.53B | 138.44B | 133.03B |
| Total Debt | 45.65B | 45.15B | 12.45B | 7.44B | 7.80B | 8.14B |
| Total Liabilities | 94.84B | 90.94B | 44.21B | 31.61B | 38.86B | 32.00B |
| Stockholders Equity | 192.51B | 182.39B | 180.06B | 174.52B | 182.14B | 184.64B |
Cash Flow | ||||||
| Free Cash Flow | 31.53B | 10.43B | 23.77B | 9.76B | 18.88B | 731.00M |
| Operating Cash Flow | 39.99B | 20.23B | 30.26B | 13.22B | 20.85B | 4.04B |
| Investing Cash Flow | -16.25B | -31.55B | -14.49B | -6.85B | -7.35B | -17.44B |
| Financing Cash Flow | -917.00M | 13.22B | -10.38B | -15.73B | -8.33B | -16.63B |
Mixi Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2121, the sentiment is Positive. The current price of 4000.00 is above the 20-day moving average (MA) of 3862.50, above the 50-day MA of 3712.91, and above the 200-day MA of 2925.30, indicating a bullish trend. The MACD of 58.93 indicates Positive momentum. The RSI at 63.05 is Neutral, neither overbought nor oversold. The STOCH value of 38.73 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:2121.
Mixi Peers Comparison
Overall Rating
- JP:212177Outperform
JP:393268Neutral
JP:243264Neutral
JP:376563Neutral
JP:363261Neutral
JP:365645Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| JP:2121 | 77Outperform | JPY 238.82B | 11.76 | 12.05% | 3.00% | 30.31% | 33.74% |
| JP:3932 | 68Neutral | JPY 50.93B | 7.32 | ― | 9.23% | 31.30% | 923.93% |
| JP:2432 | 64Neutral | JPY 236.41B | 6.33 | 16.91% | 2.58% | -16.65% | 39.13% |
| JP:3765 | 63Neutral | JPY 122.94B | 51.19 | 2.01% | 3.85% | -6.09% | -56.51% |
| JP:3632 | 61Neutral | JPY 77.19B | 17.98 | 4.38% | 5.14% | -10.13% | 242.10% |
| Sector * | 60Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% |
| JP:3656 | 45Neutral | JPY 12.64B | 15.06 | ― | ― | 10.54% | ― |
* Communication Services Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| JP:2121 | Mixi | 4000.00 | 1052.81 | 35.72% | |
| JP:2432 | DeNA Co | 2558.00 | -53.54 | -2.05% | |
| JP:3632 | GREE | 428.00 | 46.14 | 12.08% | |
| JP:3765 | Gungho Online Entertainment | 2340.00 | -192.47 | -7.60% | |
| JP:3656 | KLab Inc. | 150.00 | -59.00 | -28.23% | |
| JP:3932 | Akatsuki, Inc. | 1300.00 | 448.37 | 52.65% |
Mixi Corporate Events
MIXI Delivers Strong First-Half Earnings and Signals Higher Dividends
MIXI reported strong interim results for the six months ended September 30, 2026, with net sales rising 42.4% year-on-year to ¥96.0 billion and profit attributable to owners of parent more than doubling. EBITDA nearly doubled, operating income s...
MIXI Says PointsBet Forecast Cut Will Not Alter Full-Year Outlook
MIXI’s Australian-listed consolidated subsidiary PointsBet Holdings Limited has issued a trading update for the first half of fiscal 2027, forecasting group revenue of about 113 million AUD, a year-on-year decline of roughly 16%. The company al...
MIXI Lifts FY2027 Profit and Dividend Forecast on Extraordinary Gain
MIXI, Inc., a TSE Prime Market-listed Japanese internet services company, focuses on growth through business development, R&D, and M&A while maintaining a shareholder-friendly capital policy. The group aims for sustainable corporate value enh...
MIXI Delivers Surging Q1 Profits and Lifts Full-Year Dividend Outlook
MIXI reported a sharp earnings rebound for the quarter ended June 30, 2026, with net sales surging 50.3% year on year to ¥47.1 billion and profit attributable to owners of parent jumping 311.7% to ¥5.8 billion. EBITDA more than doubled and...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 31, 2026