MIXI (2121) Q2 2026 earnings summary

Executive summary

• Q2 FY2026 net sales were JPY 36.1 billion, EBITDA JPY 5.7 billion, and operating income JPY 4.5 billion, with profit attributable to owners up due to foreign exchange gains.

• Sports and Lifestyle segments saw strong sales growth, while Digital Entertainment sales declined but profitability improved through cost optimization.

• PointsBet acquisition completed, making it a consolidated subsidiary and accelerating global sports betting expansion.

• AI initiatives, including Google Cloud's Gemini Enterprise and ChatGPT Enterprise, led to significant cost reductions and process transformation.

• One-time cost of JPY 0.8 billion from PointsBet acquisition impacted Sports segment EBITDA.

Financial highlights

• Net sales up 23.9% YoY in betting business, driven by TIPSTAR's 68.5% growth; Lifestyle segment net sales rose 32% YoY to JPY 3.5 billion, achieving first quarterly profit.

• Digital Entertainment sales fell 10.9% YoY to JPY 19.6 billion, but EBITDA rose 5.9% to JPY 8.7 billion.

• Investment segment net sales were JPY 2 billion, with JPY 1.7 billion from fund dividends.

• Profit attributable to owners: JPY 3,487 million, up 16.6% YoY.

• Ordinary income: JPY 5,191 million, down 9.7% YoY.

Outlook and guidance

• Full-year forecast revised upward: net sales JPY 168 billion (+8.5% YoY), EBITDA JPY 27 billion, operating income JPY 20 billion, profit attributable to owners JPY 13 billion.

• Upward revision driven by PointsBet consolidation and strong first-half performance in sports and investment segments.

• Digital entertainment forecast revised downward due to Monster Strike MAU decline, but profitability impact limited.

• AI-driven cost efficiencies expected to further improve consolidated profit.