MIXI (2121) Q3 2026 earnings summary

Executive summary

• Net sales for the third quarter reached ¥48,996 million, up 18.0% year-over-year, driven by PointsBet consolidation and strong Sports segment growth.

• EBITDA was ¥8,374 million, down 12.2% year-over-year, and operating income was ¥5,954 million, down 28.1% year-over-year, reflecting higher costs and increased advertising spend.

• Profit attributable to owners of parent was ¥5,660 million, up 9.1% year-over-year, with ordinary income boosted by foreign exchange gains.

• Performance aligned with revised earnings forecasts, focusing on global expansion and AI-driven operational improvements.

Financial highlights

• Sports segment net sales rose 100.8% year-over-year to ¥20,400 million, with EBITDA up 273.4% year-over-year, driven by PointsBet and strong betting ticket sales.

• Digital Entertainment segment net sales fell 13.1% year-over-year to ¥21,900 million, with EBITDA down 14.8% to ¥10,400 million, impacted by lower MAU for MONSTER STRIKE and higher promotional costs.

• Lifestyle segment net sales declined 5.8% year-over-year to ¥5,500 million, but EBITDA increased 7% to ¥1,000 million due to cost reductions and FamilyAlbum product growth.

• Investment segment posted net sales of ¥999 million, up 906.4% year-over-year, but EBITDA was negative at ¥−81 million.

• Cash and cash equivalents at period end were ¥90,168 million, with total assets at ¥262,287 million, reflecting higher goodwill and borrowings from acquisitions.

Outlook and guidance

• Full-year net sales forecast for FY2026 is ¥168,000 million, up 8.5% year-over-year, with EBITDA forecast raised to ¥27,000 million, reflecting strong Sports segment and AI-driven cost reductions.

• Operating and ordinary income forecasts remain unchanged; profit attributable to owners forecast at ¥13,000 million.

• Continued focus on expanding PointsBet in Australia and Canada and launching STRIKE WORLD in India.