MIXI Inc.

On August 3, the Tokyo stock market saw MIXI rebound sharply for the first time in three days, hitting its daily limit up. The company's first-quarter results, released the previous weekend, showed a significant rise in revenue and profit, with the booking of a special gain from the sale of Bitbank shares and an upward revision to the year-end dividend forecast drawing praise. Marvelous, which also reported a 327.9 percent year-on-year jump in first-quarter operating profit, was also bought. KLab extended its winning streak to four days after announcing that the official launch date for its new mobile game app, My Hero Academia United Survival, has been set for August 6.

In the morning session of the Tokyo stock market on August 3, MIXI and Marvelous were bought among game and entertainment stocks. MIXI rebounded sharply after three days, as its first-quarter results announced the previous weekend showed revenue up 50% year-on-year and operating profit up 102%, achieving significant growth in both sales and profit. Marvelous also rebounded, with first-quarter operating profit surging 327.9% year-on-year to 1.042 billion yen. Mandarake rebounded after reporting strong June monthly sales of 1.351 billion yen across all stores, up 16.3% year-on-year. Of the 99 registered game and entertainment stocks, 22 rose, 69 fell, and 8 were unchanged, with sellers in control.

MIXI rebounded sharply after three days of decline. The company's first-quarter results, announced last weekend, were well received as it achieved a significant increase in revenue and profit, with sales up 50 percent and operating profit up 102 percent year-on-year, driven by the new consolidation of PointsBet and growth in existing businesses. The market also welcomed the upward revision of its full-year net profit forecast due to an extraordinary gain from the sale of bitbank shares, along with an increase in the year-end dividend forecast from 65 yen to 95 yen per share.