Mynet Inc. (3928) Stock Price

Market cap
¥2.4B
P/E ratio
8.4x
MyNet operates mobile games and fantasy sports while providing gaming expertise consulting to companies in other industries.

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Business Overview

MyNet consists of 8 companies, including 7 consolidated subsidiaries, and operates primarily in gaming and non-gaming businesses. In the gaming business, the company focuses on operating game titles sourced from game makers. This includes initial development and contract development that leverage the company's operational capabilities and planning and development expertise.

Additionally, MyNet operates fantasy sports, a reality-linked gaming experience that allows users to enjoy gameplay connected to real-world sporting events. In the non-gaming business, the company provides consulting services to companies outside the gaming industry, applying gaming industry expertise to other sectors.

Management Policy

Mynet's mission is "Make COLOR - Adding Color to Everyday Life" - to bring color and inspiration to people's daily lives through games. Under this fundamental approach, the company aims for sustainable growth and maximization of shareholder value.

Mynet prioritizes medium to long-term growth in operating profit and net income attributable to parent company shareholders. Over the two-year period through 2026, the company aims to expand its diversity as a game and entertainment company, and strengthen its presence across regions, platforms, and industries.

Mynet is focusing on developing IP titles for smartphone games and expanding into multi-platform and overseas markets. The company has established flexible schemes such as profit-sharing arrangements to build a structure capable of acquiring and operating major titles.

Additionally, the company is developing new businesses centered on secondary operations, leveraging its game operations capabilities and planning and development expertise in fantasy sports and consulting services. This approach aims for stable and sustainable growth.

The company also prioritizes strengthening system technology and infrastructure, advancing stable system operations and technological innovation. Efforts include reinforcing server infrastructure, securing specialized personnel, and building a rapid technical response system.

Securing and developing talented personnel is also emphasized, with ongoing improvements to the workplace environment, enhanced benefits, and diversified recruitment activities. The company focuses on selecting personnel who can share its corporate culture and values building an organization where employees collaborate effectively.

The company is also strengthening its internal control system, standardizing and improving operational efficiency while enhancing compliance effectiveness. Considering risks in new business areas, the company is working to enhance and strengthen its internal management framework.

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