Overview
Information & Communication

MIXI,Inc.

MIXI, Inc. operates across four business segments: Digital Entertainment (primarily smartphone games, most notably 'Monster Strike'), Sports (professional sports team management including FC Tokyo and Chiba Jets, and social betting services such as keirin and horse racing internet wagering), Lifestyle (SNS platforms including the relaunched 'mixi2', photo gifting services, and other internet-based consumer services), and Investment (stakes in startups and venture capital funds). The company generates revenue from in-app purchases, event ticket sales, sports betting commissions, subscription fees, and advertising. Originally founded as a job recruitment platform, MIXI evolved into a digital entertainment and lifestyle conglomerate anchored by the sustained success of Monster Strike, one of Japan's top-grossing mobile games.

Market Cap
¥257B
US$1.64B
EV
¥193B
US$1.23B
Stock¥3,940▼-1.50%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
6.0
x
LTM EV/EBIT
7.4
x
LTM PER
11.8
x
LTM PBR
1.4
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+3.2%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Aug 3, 26Q1 FY2027/03 earnings announced
MC → EV Bridge
257BUS$1.64BMarket Cap44.2BUS$282M+ Debt109BUS$697M− Cash5.41BUS$34.5M− Inv. Sec.6.68BUS$42.6M+ NCI193BUS$1.23BEV
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Performance & Balance
Revenue 5Y (¥B)
118US$753M'22/3147US$937M'23/3147US$937M'24/3155US$988M'25/3171US$1.09B'26/3
EBITDA 5Y (¥B)
17.4US$111M'22/326.3US$168M'23/320.6US$132M'24/328.8US$184M'25/324.7US$157M'26/3
Net Income 5Y (¥B)
10.3US$65.4M'22/35.16US$32.9M'23/37.08US$45.2M'24/317.6US$112M'25/317.3US$110M'26/3
Capital Structure
81%
19%
EquityD/E 0.24xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
132US$842M8.12US$51.8M'22/3129US$824M7.79US$49.6M'23/3113US$723M7.43US$47.4M'24/3117US$744M12.5US$79.4M'25/3116US$741M45.2US$288M'26/3
Shareholders
Top 10 hold 69.9%
1
Kenji KASAHARA
49.95%
2
The Master Trust Bank of Japan, Ltd. (Trust Account)
8.16%
3
Custody Bank of Japan, Ltd. (Trust Account)
2.48%
4
Koki KIMURA
2.18%
5
STATE STREET BANK AND TRUST COMPANY 505001 (Standing Proxy: Mizuho Bank, Ltd.)
1.70%
6
BNYM SA/NV FOR BNYM FOR BNYM GCM CLIENT ACCTS M ILM FE (Standing Proxy: MUFG Bank, Ltd.)
1.56%
7
THE BANK OF NEW YORK 133612 (Standing Proxy: Mizuho Bank, Ltd.)
1.40%
8
STATE STREET BANK AND TRUST COMPANY 505103 (Standing Proxy: Mizuho Bank, Ltd.)
0.89%
9
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.
0.78%
10
THE BANK OF NEW YORK MELLON 140044 (Standing Proxy: Mizuho Bank, Ltd.)
0.78%
Management
11 officers
Koki KIMURA
Representative Director, President, Senior Executive Officer
Feb 2003 Joined Mobile Production Co., Ltd. Mar 2005 Joined INDEX Corporation Jun 2008 Joined the Company Aug 2012 Product Owner, Product Development Department, the Company Nov 2013 Producer, Monster Strike Studio, the Company Apr 2014 General Manager, Monster Strike Studio, the Company Nov 2014 Executive Officer, the Company Jan 2015 General Manager, Monster Strike Studio Division, the Company Jun 2015 Director, the Company Aug 2015 General Manager, XFLAG Studio Division, the Company Apr 2017 General Manager, XFLAG Business Division, the Company Apr 2018 Executive Officer, the Company Jun 2018 Representative Director, President, the Company (current) Apr 2022 Senior Executive Officer, the Company (current)
1975-12-09
Kohei SHIMAMURA
Director, Senior Executive Officer
Apr 2004 Joined USEN Corporation (now USEN-NEXT HOLDINGS Co., Ltd.) May 2008 Joined IBM Business Consulting Services K.K. (now IBM Japan, Ltd.) Oct 2011 Joined GREE, Inc. (now GREE Holdings, Inc.) Apr 2016 Joined the Company Oct 2017 General Manager, Corporate Planning Office, Management Promotion Division, the Company Apr 2019 General Manager, Corporate Planning Division, the Company Apr 2020 Executive Officer, General Manager, Management Promotion Division, the Company Mar 2023 Outside Director, bitbank, Inc. Apr 2023 Senior Executive Officer, the Company (current) Jun 2025 Director, the Company (current)
1981-06-13
Ryoma MURASE
Director, Senior Executive Officer
Jan 2005 Joined e-Mercury Co., Ltd. (now the Company) Dec 2009 Director, KH2O Co., Ltd. Jan 2012 Joined Q Games Ltd. Feb 2013 Joined the Company May 2014 Second Group Manager, System Management Office, Cross-Functional Division, the Company Jul 2016 General Manager, Game Development Office, XFLAG Studio Division, the Company Jan 2018 General Manager, XFLAG Development Division (now Development Division), the Company Apr 2018 Executive Officer, the Company Jun 2019 Director, the Company (current) Jan 2021 General Manager, Design Division, the Company Apr 2022 Senior Executive Officer, the Company (current)
1985-09-13
Kenji KASAHARA
Director, Founder, Senior Executive Officer, General Manager, Vantage Studio Division
Jun 1999 Established e-Mercury Ltd. (now the Company), Director Oct 2000 Converted to e-Mercury Co., Ltd. (now the Company), Representative Director, President Feb 2006 Changed name to mixi, Inc. (now the Company), Representative Director, President May 2008 Chairman, Shanghai Mingxi Network Technology Co., Ltd. Oct 2008 Representative Director, NEXPASS Co., Ltd. (now Torchlight Co., Ltd.) Apr 2011 Representative Director, mixi Recruitment Inc. (renamed MIXI RECRUITMENT Co., Ltd. in 2022) Jul 2011 Executive Officer, the Company Jun 2013 Chairman of the Board, the Company Apr 2016 General Manager, Vantage Studio Division, the Company (current) Apr 2018 Executive Officer, the Company Jun 2021 Director, the Company (current) Apr 2022 Senior Executive Officer, the Company (current)
1975-12-06
Akihisa FUJITA
Director
Apr 1991 Joined Dentsu Inc. Jul 1996 Director, Cyber Communications Inc. (now CARTA ZERO Inc.) Jun 2000 Representative Director, President, D2C Inc. (formerly D2 Communications Inc.) Jun 2010 Senior Managing Director, Dentsu Digital Holdings Inc. (now Dentsu Innovation Partners Inc.) Jun 2014 Representative Director, Executive Vice President, Gurunavi, Inc. Jun 2017 Director, Executive Vice President, Pado Inc. (now Chukohiro Media Solutions Inc.) Jun 2018 Representative Director, President, Setouchi Brand Corporation Apr 2021 Director, Setouchi Brand Corporation Jun 2022 Outside Director, Infocom Corporation Jun 2022 Director, the Company (current) May 2023 Outside Director, Signpost Inc. (current) Sep 2024 Outside Director, LIPS Inc. (current) Dec 2025 Outside Director, Irgrum Inc. (current)
1965-11-17
Hiromi WATASE
Director
Apr 1988 Joined Recruit Co., Ltd. Apr 2011 Established Area Inc., Representative Director (current) Apr 2013 Established Triam Partners Co., Ltd., Representative Director Jun 2014 Representative Director, Pado Inc. (now Chukohiro Media Solutions Inc.) May 2016 Outside Director, Max Valu Nishinihon Co., Ltd. (now FUJI Co., Ltd.) (current) Jun 2016 Outside Director, Partner Agent Inc. (now Tameny Inc.) Jan 2017 Director, Triam Partners Co., Ltd. Jun 2018 Outside Director, Shoko Chukin Bank, Ltd. Sep 2019 Outside Director, D.L.E. Inc. Apr 2020 Chief Incubation Officer, ARCH, Toranomon Hills Business Incubation Center, Mori Building Co., Ltd. (current) Sep 2021 Visiting Professor, Kaishi Professional University (current) May 2022 Outside Director, Kasumi Co., Ltd. (current) Jun 2022 Trustee, The Jikei University (current) Jun 2024 Director, the Company (current) Feb 2025 Outside Director, Hioki E.E. Corporation (current) Jun 2025 Outside Director, SP.LINKS Inc. (formerly Sony Payment Services Inc.) (current)
1964-11-14
Toshiaki KAWAI
Director
Apr 1982 Joined Tokyo Broadcasting System, Inc. (now TBS Holdings, Inc.) Apr 2012 General Manager, Technology Bureau, TBS Television, Inc. Apr 2013 Executive Officer, General Manager, Technology Bureau, TBS Television, Inc. Feb 2014 Executive Officer, TBS Television, Inc. Mar 2014 Director, TBS Television, Inc. Apr 2014 Executive Officer, TBS Holdings, Inc. Jun 2014 Director, TBS Holdings, Inc. Apr 2015 Managing Director, TBS Television, Inc. Apr 2016 Managing Director, TBS Holdings, Inc. Jun 2018 Representative Director, Senior Managing Director, TBS Holdings, Inc.; Representative Director, Senior Managing Director, TBS Television, Inc. Jun 2020 Representative Director, President, TBS Holdings, Inc.; Director, Vice President, TBS Television, Inc. Jun 2024 Executive Advisor, TBS Television, Inc. Jun 2025 Advisor, TBS Television, Inc. (current) Jun 2025 Director, the Company (current)
1959-11-01
Yuichiro NISHIMURA
Full-time Audit & Supervisory Board Member
Apr 1982 Joined Nissan Motor Co., Ltd. Jun 1985 Seconded to Nissan Cherry Shizuoka Sales Co., Ltd. (now Nissan Prince Shizuoka Sales Co., Ltd.) Jun 1987 Returned to Nissan Motor Co., Ltd. Apr 1998 Seconded to Nissan Koei Co., Ltd. (now Nissan Creative Services Co., Ltd.), Deputy General Manager, General Affairs Department Jan 2000 Returned to Nissan Motor Co., Ltd. Apr 2005 Seconded to Yorozu Corporation, Group Leader, Administration Division Oct 2005 Transferred to Yorozu Corporation Jun 2008 General Manager, CSR Promotion Office, Yorozu Corporation Apr 2014 General Manager, General Affairs Department, Yorozu Corporation Jun 2019 Audit & Supervisory Board Member, the Company (current)
1957-08-29
Nozomi UEDA
Audit & Supervisory Board Member
Apr 1999 Registered as attorney-at-law Apr 1999 Joined Tokyo Themis Law Office (now Kioizaka Themis Sogo Law Office) Mar 2013 Partner, Kioizaka Themis Law & Patent Office (now Kioizaka Themis Sogo Law Office) (current) Jun 2019 Audit & Supervisory Board Member, the Company (current) Jun 2021 Outside Director (Audit and Supervisory Committee Member), Anritsu Corporation Jun 2023 Outside Director, Anritsu Corporation (current) Jun 2025 Outside Audit & Supervisory Board Member, Toba Yoko Co., Ltd. (current)
1974-02-19
Kiyoko TAKAYAMA
Audit & Supervisory Board Member
Apr 1997 Joined Ebara Corporation Oct 2001 Joined Deloitte Touche Tohmatsu LLC Jul 2005 Registered as Certified Public Accountant Jan 2019 Representative, Kiyoko Takayama CPA Office (current) Jun 2019 Non-Staff Auditor, Palsystem Tokyo Consumers' Co-operative Jan 2020 Operating Partner, Legalex LLC Dec 2022 Outside Director, SHOEI Co., Ltd. (current) Jun 2024 Audit & Supervisory Board Member, the Company (current) Jun 2025 Outside Director (Audit and Supervisory Committee Member), Tokyo Seimitsu Co., Ltd. (current) Feb 2026 Representative Director, HighClarity Inc. (current)
1975-02-06
Tomoyuki HIRAO
Audit & Supervisory Board Member
Apr 1993 Joined Dentsu Inc. (now Dentsu Group Inc.) Jun 2006 Seconded to Frontage Inc., General Manager, Sales Department Oct 2010 Returned to Dentsu Inc. (now Dentsu Group Inc.), Manager in Charge, Corporate Planning Bureau Mar 2017 Audit Office, Dentsu Group Inc.; served as Audit & Supervisory Board Member of 13 Group companies, including ADGEAR Inc. Jan 2023 Joined Dentsu Corporate One Inc. (retirement scheduled Jun 2026) Mar 2023 Audit & Supervisory Board Member, Dentsu Creative Force Inc. Mar 2023 Audit & Supervisory Board Member, Dentsu Runway Inc. Mar 2023 Audit & Supervisory Board Member, Dentsu Casting & Entertainment Inc. (retirement scheduled Jun 2026) Mar 2023 Audit & Supervisory Board Member, Dentsu Sorari Inc. (retirement scheduled Jun 2026) Mar 2026 Audit & Supervisory Board Member, Dentsu Meitetsu Communications Inc. (retirement scheduled Jun 2026) Jun 2026 Audit & Supervisory Board Member, the Company (current)
1965-11-08
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-07-31
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-19
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-01-30
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-14
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-07-31
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-27
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-13
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2025-01-14
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-13
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-27
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINETAmended
2024-06-27
Amended Securities Registration Statement
EDINET
2024-06-26
Securities Registration Statement
EDINETAmended
2024-05-10
Amended Annual Securities Report
Period: Apr 2021 – Mar 2022
EDINETAmended
2024-05-10
Amended Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2024-02-13
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-13
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-07
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-22
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-13
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-07
Quarterly Securities Report
EDINET
2022-08-08
Quarterly Securities Report
EDINET
2022-06-29
Annual Securities Report
EDINET
2022-02-07
Quarterly Securities Report
EDINET
2021-11-08
Quarterly Securities Report
EDINET
2021-08-10
Quarterly Securities Report
EDINET
2021-06-28
Annual Securities Report
EDINET
2021-02-08
Quarterly Securities Report
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