CyberAgent Annual Securities Report: 28th Fiscal Term

CyberAgent’s 28th fiscal term report, covering the period ending September 30, 2025, outlines a period of robust financial expansion and strategic consolidation. The company achieved consolidated net sales of 874 billion yen and an ordinary profit of 71.7 billion yen, reflecting strong performance across its core Media and IP, Internet Advertising, and Game segments. While the company navigated specific challenges, including impairment losses on certain service assets and a localized operating loss in specific business units, overall net income attributable to the parent company rose significantly to 31.6 billion yen. This financial stability is supported by a strong liquidity position, with cash and cash equivalents reaching 226.1 billion yen.

The company’s strategic focus remains on long-term investment in the ABEMA platform and the integration of generative AI to drive productivity. Sustainability efforts are centered on human capital development, information security, and climate change mitigation, all of which are monitored through a rigorous governance framework. To ensure transparency and sustainable value creation, CyberAgent has transitioned to an Audit and Supervisory Committee-based system, bolstered by a Nomination and Compensation Advisory Committee and the appointment of independent outside directors. This governance structure is designed to manage risks associated with rapid market shifts, evolving legal regulations, and intellectual property protection.

Capital management remains a priority, characterized by a dividend policy targeting a Dividend on Equity ratio of 5% or higher and the active management of convertible bonds and stock options. External auditors have verified the company’s consolidated financial statements and internal controls, identifying the revenue recognition processes for mobile game operations and the valuation of loans to subsidiaries as key audit matters. By balancing aggressive investment in digital media with disciplined risk management and corporate oversight, the company aims to maintain its competitive trajectory within the Japanese technology and entertainment sectors.