Komori
Disclosure2121MIXI,Inc.Information and Communications, Services and Others

Notice Regarding the Planned Change in an Equity-Method Affiliate and the Expected Recognition of Extraordinary Gain

MIXI has decided to sell all of its shares in bitbank, an equity-method affiliate, in response to bitbank’s acquisition of treasury shares. If the transaction is completed, bitbank will no longer be an equity-method affiliate, and MIXI expects to recognize a gain on the sale of shares in an affiliate of approximately ¥12.2 billion in the fiscal year ending March 2027.

Worth reading
75Important
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
12231
¥ million (expected gain on the sale of shares in an affiliate, recognized as an extraordinary gain)
Wording
Avoiding a definitive answer
How definitive the wording is.

Decision and Details

Sale of all shares in bitbank, Inc. and change in status from an equity-method affiliate

Decision25 June 2026
Period CoveredFiscal year ending March 2027 (period in which the extraordinary gain is expected to be recognized)
ImplementationOctober 2026 (予定). Planned date of execution of this treasury share acquisition
Going forwardThe treasury share acquisition is scheduled to be executed in October 2026. The impact on the earnings forecast will be reviewed based on the finalized June actuals and related expenses, and will be disclosed promptly once a reasonable calculation becomes possible.
AmountTotal purchase consideration: ¥15,590 million (予定); gain on the sale of shares in an affiliate: approximately ¥12,231 million (見込み)
Quantity / scalePlanned sale of 5,150 common shares and 20,000 Class B preferred shares, for a total of 25,150 shares. Ownership before sale: 26.22%; after sale: 0%.
Reason

To consider the optimal capital structure and business foundations for both companies amid changes in the market environment and their business conditions, and to achieve medium-term growth and enhance the corporate value of bitbank, Inc. and the MIXI Group.

Impact on Business Performance

The transaction is expected to affect consolidated results for the fiscal year ending March 2027. The specific impact on the full-year consolidated earnings forecast is currently under review.

Decision and Details
ItemDetails
Matter CoveredSale of all shares in bitbank, Inc. and change in status from an equity-method affiliate
Decision Date25 June 2026
Implementation DateOctober 2026 (予定). Planned date of execution of this treasury share acquisition
Period CoveredFiscal year ending March 2027 (period in which the extraordinary gain is expected to be recognized)
AmountTotal purchase consideration: ¥15,590 million (予定); gain on the sale of shares in an affiliate: approximately ¥12,231 million (見込み)
Quantity / scalePlanned sale of 5,150 common shares and 20,000 Class B preferred shares, for a total of 25,150 shares. Ownership before sale: 26.22%; after sale: 0%.
Impact on Business PerformanceThe transaction is expected to affect consolidated results for the fiscal year ending March 2027. The specific impact on the full-year consolidated earnings forecast is currently under review.
ReasonTo consider the optimal capital structure and business foundations for both companies amid changes in the market environment and their business conditions, and to achieve medium-term growth and enhance the corporate value of bitbank, Inc. and the MIXI Group.
Future plansThe treasury share acquisition is scheduled to be executed in October 2026. The impact on the earnings forecast will be reviewed based on the finalized June actuals and related expenses, and will be disclosed promptly once a reasonable calculation becomes possible.
Items this document does not state (3)
Decision-Making BodyGoverning RuleRelated previous disclosures

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

After considering the optimal capital structure and business foundations for both companies, in light of changes in the market environment and the business conditions of both companies, from the perspective of achieving medium-term growth and enhancing the corporate value of bitbank and the MIXI Group.

How to read this page

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Planned Change in an Equity-Method Affiliate and the Expected Recognition of Extraordinary Gain | MIXI,Inc. (2121) timely disclosure | Komori