MIXI and Marvelous Gain on Post-Earnings Buying

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2▲3 ▼0Impact / 5
Summary · why it matters

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.

Impact on assets 3

Communication Services▲
MIXI Inc.
2121
▲ PositiveCapitalrelevance

First-quarter results show revenue up 50% and operating profit up 102%.

Marvelous Inc.
7844
▲ PositiveCapitalrelevance

First-quarter operating profit surged 327.9% year-on-year to 1.042 billion yen.

Consumer Discretionary▲
Mandarake Inc.
2652
▲ PositiveDemandrelevance

June monthly sales of 1.351 billion yen, up 16.3% year-on-year.