Partial Correction to FY2025 First Quarter Consolidated Financial Results [Japanese GAAP]

CyberAgent, Inc. issued this formal correction to its consolidated financial results for the first quarter of fiscal year 2025, covering the period from October 1, 2024, to December 31, 2024. The primary purpose of the disclosure is to provide revised numerical data and financial statements following the submission of correction reports for past annual securities reports. The scope of the report encompasses the company’s primary business segments in Japan, including Media and IP, Internet Advertisement, Gaming, and Investment Development.

The revised data shows that CyberAgent achieved net sales of ¥203.8 billion, a 5.8% increase year-on-year. Operating income rose significantly by 41.6% to ¥8.3 billion, while ordinary income grew 45.4% to ¥8.8 billion. Net income attributable to owners of the parent reached ¥5.07 billion, a notable recovery from the ¥892 million loss recorded in the same period the previous year. Performance varied by segment: the Internet Advertisement Business remained the largest contributor with ¥117.8 billion in sales, while the Media and IP Business turned profitable due to loss reductions at ABEMA. Conversely, the Game Business saw a 15.1% decline in sales to ¥38.2 billion, attributed to the slowdown of existing titles and a ¥1.27 billion impairment loss.

Methodologically, the financial results were prepared in accordance with Japanese GAAP. A significant structural change was noted in the reporting methodology, as the company integrated its "Other Businesses" into the newly renamed "Media and IP Business" to better align with its multimedia franchise strategy. Despite the internal corrections to historical data, the company maintained its full-year forecast for fiscal year 2025, projecting net sales of ¥820 billion and operating income of ¥42 billion.