FinancialCyberAgent
Partial Correction to FY2024 Third Quarter Consolidated Financial Results [Japanese GAAP]
1 May 202512 pages~17 min full read
CyberAgent reported a 539.1% increase in net income to ¥14,726 million for the nine-month period ending June 30, 2024, alongside an 11.8% rise in net sales to ¥597,485 million.
See it on page 2Operating income for the period doubled to ¥34,833 million, bolstered by record-high sales in the Internet Advertisement business and a 10.4% revenue increase in the Game segment.
See it on page 5The Media segment, anchored by the ABEMA streaming service, significantly reduced operating losses from ¥12,394 million in the previous year to ¥489 million.
See it on page 5In July 2024, CyberAgent acquired a 72.5% stake in Nitroplus Co., Ltd. for approximately ¥16,683 million to bolster its intellectual property and content production capabilities.
See it on page 11As of June 30, 2024, the company reported total assets of ¥492,195 million, supported by an increase in cash and deposits.
See it on page 6The financial results were issued as a partial correction to the FY2024 third-quarter report to ensure accuracy following a review of past financial statements.
See it on page 1CyberAgent, Inc. issued a partial correction to its consolidated financial results for the third quarter of fiscal year 2024, ending September 30, 2024. This amendment follows a broader review of past annual securities reports and financial statements. The scope of the data covers the company’s performance across its primary business segments—Media, Internet Advertisement, Game, and Investment Development—primarily within the Japanese market for the nine-month period ending June 30, 2024.
The revised data reveals significant year-on-year growth. Net sales reached ¥597,485 million, an 11.8% increase, while operating income doubled to ¥34,833 million. Net income attributable to the parent company saw a substantial rise of 539.1%, totaling ¥14,726 million. This performance was driven by record-high sales in the Internet Advertisement business and a 10.4% revenue increase in the Game segment, fueled by successful new titles. The Media segment, which includes the ABEMA streaming service, significantly narrowed its operating losses from ¥12,394 million in the previous year to ¥489 million.
The financial position as of June 30, 2024, shows total assets of ¥492,195 million, supported by increased cash and deposits. A notable subsequent event included in the report is the July 2024 acquisition of a 72.5% stake in Nitroplus Co., Ltd. for approximately ¥16,683 million. This strategic move aims to strengthen CyberAgent’s intellectual property and content production capabilities, aligning with its goal of global expansion through the integration of technology and creative entertainment. The methodology follows Japanese GAAP, with corrections applied to previously disclosed numerical values to ensure reporting accuracy.
