Mixi (2121) AI Stock Analysis

• Market Cap: $201.21B
• Dividend Yield: 4.09%
• Average Volume (3M): 167.95K
• Price to Earnings (P/E): 12.5
• Beta (1Y): 0.38
• Revenue Growth: 5.64%
• EPS Growth: 115.77%
• Country: JP
• Employees: 1,645
• Sector: Communication Services
• Sector Strength: 97
• Industry: Electronic Gaming & Multimedia
• EPS (TTM): 20.92
• Shares Outstanding: 71,330,850
• 10 Day Avg. Volume: 160,560
• 30 Day Avg. Volume: 167,946
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.64
• Enterprise Value/Revenue: 0.82
• Enterprise Value/Gross Profit: 1.21
• Enterprise Value/Ebitda: 4.05
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 74 Outperform
• Price Target: ¥3,556.00 ▲(17.75% Upside)

Mixi's overall stock score is driven primarily by its strong financial performance, characterized by robust revenue growth and profitability. The valuation is reasonable with a solid dividend yield, adding to its attractiveness. Technical analysis indicates a neutral trend, with no significant momentum signals. The absence of earnings call and corporate events data did not impact the score.

Mixi Business Overview & Revenue Model

Company Description

Mixi (2121) is a leading Japanese company primarily operating in the social networking and gaming sectors. Established in the early 2000s, Mixi originally gained popularity with its social networking service, which allows users to connect and share content. Over the years, the company expanded its portfolio to include mobile and online gaming, developing popular titles that leverage its extensive user base. Mixi's focus on community engagement and interactive experiences has positioned it as a key player in the digital entertainment landscape in Japan.

How the Company Makes Money

Mixi generates revenue through multiple streams, primarily from its gaming sector, which includes in-app purchases and premium game sales. The company has developed several successful mobile games that have attracted millions of users, contributing significantly to its earnings. Additionally, Mixi monetizes its social networking platform through advertising, offering targeted ad placements to businesses looking to reach its user demographic. The company also engages in strategic partnerships with other gaming developers and brands, enhancing its content offerings and expanding its reach, which further bolsters its revenue potential.

Mixi Financial Statement Overview

Summary

Mixi demonstrates strong financial performance with impressive revenue growth and profitability metrics. The balance sheet is robust with low leverage and a strong equity position. While cash flow generation has seen some decline, the company maintains sufficient cash coverage of its earnings, indicating overall financial health and stability.

Income Statement

Mixi shows strong revenue growth with a TTM increase of 79.8% compared to the previous period. The company maintains healthy profitability with a gross profit margin of 68.48% and a net profit margin of 11.37%. EBIT and EBITDA margins are also robust at 17.60% and 20.76%, respectively, indicating efficient operations and cost management.

Balance Sheet

The balance sheet is solid with a low debt-to-equity ratio of 0.07, reflecting conservative leverage. Return on equity is decent at 10.06%, showing effective use of equity to generate profits. The equity ratio stands at 82.14%, indicating a strong equity base relative to total assets.

Cash Flow

Cash flow analysis reveals a decline in free cash flow growth by 43.13% in the TTM period, which could be a concern. However, the operating cash flow to net income ratio is healthy at 0.91, and free cash flow covers net income adequately at a ratio of 1.0, suggesting good cash generation relative to earnings.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	156.08B	154.85B	146.87B	146.87B	118.10B	119.32B
Gross Profit	106.06B	106.04B	102.63B	105.12B	88.58B	93.31B
EBITDA	31.72B	32.03B	17.00B	15.97B	20.36B	27.41B
Net Income	16.78B	17.60B	7.08B	5.16B	10.26B	15.69B
Balance Sheet
Total Assets	215.03B	225.54B	207.34B	222.32B	218.06B	226.36B
Cash, Cash Equivalents and Short-Term Investments	124.80B	144.04B	129.53B	138.44B	133.03B	149.81B
Total Debt	13.77B	12.45B	7.43B	7.79B	8.12B	8.93B
Total Liabilities	37.08B	44.21B	31.61B	38.86B	32.00B	36.77B
Stockholders Equity	176.62B	180.06B	174.52B	182.13B	184.64B	189.53B
Cash Flow
Free Cash Flow	16.21B	20.99B	5.72B	13.20B	-796.00M	29.87B
Operating Cash Flow	17.96B	27.48B	9.18B	15.75B	3.10B	34.67B
Investing Cash Flow	-10.81B	-14.49B	-6.85B	-7.35B	-17.89B	-7.16B
Financing Cash Flow	-10.63B	-10.38B	-15.73B	-8.33B	-16.63B	-3.14B

Mixi Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3020.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2121, the sentiment is Negative. The current price of 3020 is below the 20-day moving average (MA) of 3113.75, below the 50-day MA of 3176.21, and below the 200-day MA of 3213.90, indicating a bearish trend. The MACD of -34.78 indicates Positive momentum. The RSI at 36.05 is Neutral, neither overbought nor oversold. The STOCH value of 12.39 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:2121.

Mixi Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2432	78 Outperform	$296.15B	9.23	13.60%	2.48%	27.63%	―
2121	74 Outperform	$201.21B	12.49	9.69%	4.09%	5.64%	115.77%
3765	65 Neutral	$142.28B	25.10	4.72%	2.39%	-9.67%	-56.16%
3932	63 Neutral	¥38.22B	50.95	―	4.19%	-10.86%	-64.25%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
3632	54 Neutral	¥72.54B	58.07	1.24%	2.17%	-6.85%	-74.31%
3903	47 Neutral	¥21.91B	6.25	―	―	-39.08%	―

Mixi Corporate Events

Mixi Completes Takeover Bid for PointsBet Holdings

Mixi, Inc. announced the expiration of its takeover bid for PointsBet Holdings Limited, resulting in the acquisition of a 66.4% stake in the Australian company. This strategic move, involving an investment of AUD 289 million, positions Mixi to expand its influence in the digital entertainment sector, with further details on the financial impact to be disclosed soon.

The most recent analyst rating on (JP:2121) stock is a Buy with a Yen3575.00 price target. To see the full list of analyst forecasts on Mixi stock, see the JP:2121 Stock Forecast page.

MIXI Extends Takeover Bid for PointsBet and Elevates MIXI Australia to Specified Subsidiary

MIXI Inc. has announced an extension of its takeover bid for PointsBet Holdings Limited, an Australian Securities Exchange-listed company, through its wholly owned subsidiary, MIXI Australia Pty Ltd. The offer period has been extended until September 12, 2025, following the acceptance of over 50% of PointsBet’s issued ordinary shares. Additionally, MIXI has increased the capital of MIXI Australia, making it a specified subsidiary as its share capital now exceeds 10% of MIXI’s total capital. The company will disclose the impact of this acquisition on its business performance once it becomes clear.

The most recent analyst rating on (JP:2121) stock is a Buy with a Yen3646.00 price target. To see the full list of analyst forecasts on Mixi stock, see the JP:2121 Stock Forecast page.

Mixi Announces Unconditional Takeover of PointsBet Holdings

Mixi, Inc. has announced changes to its takeover bid for PointsBet Holdings Limited, an Australian Securities Exchange-listed company, through its subsidiary MIXI Australia Pty Ltd. The purchase price per share has been increased to AUD 1.25, with a total acquisition cost of up to AUD 421 million. Additionally, the condition requiring a minimum acceptance from PointsBet shareholders has been waived, making the takeover bid unconditional. This strategic acquisition aims to enhance Mixi’s market positioning and expand its operations in the gaming and entertainment sectors.

Mixi Reports Mixed Financial Results Amidst Sector Challenges

Mixi, Inc. is a Japanese company listed on the Tokyo Stock Exchange, primarily engaged in digital entertainment, sports, lifestyle, and investment businesses. It is known for its popular mobile game, Monster Strike, and operates various other services including sports betting and family-focused apps.

Mixi Reports Q2 2025 Financial Results with Increased Sales but Lower Profits

Mixi, Inc. reported its financial results for the three months ending June 30, 2025, showing a slight increase in net sales by 4.1% compared to the previous year, but a significant decline in profit attributable to owners by 36.7%. Despite the increase in sales, the company experienced a decrease in operating income and ordinary income, indicating potential challenges in cost management or market conditions. The company maintained its dividend forecast, suggesting a stable outlook for shareholders despite the financial performance fluctuations.