FinancialCyberAgent
Partial Correction to FY2024 First Quarter Consolidated Financial Results [Japanese GAAP]
1 May 20259 pages~14 min full read
CyberAgent reported Q1 FY2024 net sales of ¥192,655 million, a 15.1% year-on-year increase, with operating income recovering to ¥5,864 million from a ¥1,738 million loss in the prior year.
See it on page 7Despite operational improvements, the company recorded a net loss attributable to owners of the parent of ¥892 million, heavily impacted by an extraordinary goodwill amortization loss of ¥3,376 million.
See it on page 7The Internet Advertisement Business remains the primary revenue driver, contributing ¥104,900 million in sales and ¥5,246 million in operating income.
See it on page 5The Game Business saw a 10.1% increase in sales to ¥45,043 million, but segment operating income declined by 32.9% to ¥3,495 million.
See it on page 5The Media Business, anchored by the ABEMA platform, grew sales by 27.7% to ¥42,784 million while successfully narrowing its operating loss to ¥991 million.
See it on page 5CyberAgent maintained its full-year FY2024 forecast, projecting total net sales of ¥750,000 million and operating income of ¥30,000 million.
See it on page 2As of December 31, 2023, the company held total assets of ¥464,799 million with a shareholders' equity ratio of 28.2%.
See it on page 6CyberAgent, Inc. issued this corrective filing on May 15, 2025, to amend its consolidated financial results for the first quarter of fiscal year 2024, originally disclosed in January 2024. The primary purpose of the document is to provide a comprehensive restatement of numerical data following a separate notice regarding the submission of correction reports for past annual securities reports and financial statements. The scope of the data covers the three-month period ending December 31, 2023, and includes comparative figures for the same period in 2022.
The revised data shows that for the first quarter of FY2024, net sales reached ¥192,655 million, a 15.1% year-on-year increase. Operating income significantly improved to ¥5,864 million, recovering from an operating loss of ¥1,738 million in the prior year. Despite this operational recovery, the company reported a net loss attributable to owners of the parent of ¥892 million, though this was a substantial improvement over the ¥5,391 million loss recorded in the first quarter of FY2023. A notable extraordinary loss of ¥3,376 million for the amortization of goodwill impacted the bottom line.
Segment analysis reveals that the Media Business, driven by the ABEMA platform, saw sales grow 27.7% to ¥42,784 million while narrowing its operating loss to ¥991 million. The Internet Advertisement Business remained the largest contributor with ¥104,900 million in sales and ¥5,246 million in operating income. The Game Business reported sales of ¥45,043 million, up 10.1%, though operating income in that segment fell 32.9% to ¥3,495 million. As of December 31, 2023, total assets were ¥464,799 million with a shareholders' equity ratio of 28.2%. The company maintained its full-year forecast for FY2024, projecting net sales of ¥750,000 million and operating income of ¥30,000 million.
