Mixi ends capital alliance with Decollte, sells stake to IBJ

Mixi (TSE:2121) has announced the termination of its capital and business alliance with Decollte Holdings Corporation. Effective April 10, 2025, Mixi will transfer 1,353,800 common shares of Decollte Holdings to IBJ, Inc. The total offering price amounts to JPY 609,210,000, or JPY 450 per share. This transaction reduces Mixi's stake in Decollte Holdings from 27.03% to 3.15%, with Mixi retaining 178,600 shares. Despite the reduced stake, Mixi intends to maintain a positive relationship and continue cooperating with Decollte Holdings in business endeavors. The company anticipates the move will have a negligible impact on Mixi's consolidated financial results for the current fiscal year.