Updated Mar 23, 2026 by CyberAgent
CyberAgent reported a significant financial downturn for Q1 FY2023, shifting from an operating profit of ¥19,642 million in the prior year to an operating loss of ¥1,738 million.
Net sales for the quarter declined 2.1% year-over-year to ¥167,423 million, resulting in a net loss attributable to owners of the parent of ¥5,391 million.
The game business segment experienced a sharp contraction, with sales declining 29.9% compared to the previous year.
The media business saw a 33.7% increase in sales to ¥33,506 million, though its operating loss widened to ¥9,663 million.
Internet advertising sales grew by 8.9% year-over-year, but the segment's operating income decreased by 13.6%.
Total assets increased to ¥420,970 million primarily due to the issuance of convertible bonds, while equity decreased to ¥209,638 million due to a decline in retained earnings.
Despite the Q1 losses and a May 2025 correction to the original January 2023 filings, CyberAgent maintained its FY2023 forecast of ¥720 million in net income and an operating loss of ¥40 million.
CyberAgent reported a significant financial downturn for Q1 FY2023, shifting from an operating profit of ¥19,642 million in the prior year to an operating loss of ¥1,738 million.
Net sales for the quarter declined 2.1% year-over-year to ¥167,423 million, resulting in a net loss attributable to owners of the parent of ¥5,391 million.
The game business segment experienced a sharp contraction, with sales declining 29.9% compared to the previous year.
The media business saw a 33.7% increase in sales to ¥33,506 million, though its operating loss widened to ¥9,663 million.
Internet advertising sales grew by 8.9% year-over-year, but the segment's operating income decreased by 13.6%.
Total assets increased to ¥420,970 million primarily due to the issuance of convertible bonds, while equity decreased to ¥209,638 million due to a decline in retained earnings.
Despite the Q1 losses and a May 2025 correction to the original January 2023 filings, CyberAgent maintained its FY2023 forecast of ¥720 million in net income and an operating loss of ¥40 million.