CyberAgent FY2021 Second Quarter Earnings Supplement Document

CyberAgent’s fiscal year 2021 second-quarter earnings supplement provides a comprehensive financial breakdown of the company’s performance across its five primary business segments. The data highlights a significant growth trajectory for the firm during the first half of the fiscal year, with total sales reaching 163,483 million yen in the second quarter, up from 131,014 million yen in the first quarter. This performance reflects a strong recovery and expansion in core operations, particularly within the gaming sector.

The Game Business emerged as a primary driver of profitability, experiencing a substantial surge in the second quarter with sales of 63,983 million yen and an operating profit of 23,209 million yen. This represents a marked improvement from the first quarter, where the segment generated 29,954 million yen in sales and 1,137 million yen in operating profit. The segment’s operating margin also saw a dramatic increase, rising from 3.8% in the first quarter to 36.3% in the second.

The Internet Advertisement Business remains a consistent revenue pillar, contributing 80,640 million yen in sales and 7,235 million yen in operating profit for the second quarter. Meanwhile, the Media Business continues to operate at a loss, though it shows signs of narrowing its deficit, with operating losses improving from 3,926 million yen in the first quarter to 3,458 million yen in the second. Overall, the company achieved a total operating profit of 25,874 million yen for the second quarter, demonstrating robust financial health and effective operational scaling across its diversified portfolio.