FinancialCyberAgent
FY2020 First Quarter Consolidated Financial Results: Japan GAAP
9 pages~13 min full read
CyberAgent reported a strong Q1 FY2020 with net sales rising 4.4% year-on-year to ¥115,681 million and operating income surging 44.6% to ¥7,733 million.
See it on page 1The game segment was a primary driver of profitability, generating ¥35,251 million in sales and achieving a 60.3% increase in operating income.
See it on page 4The Internet advertising business remained the largest revenue contributor at ¥67,322 million, recording a 33.7% increase in operating income.
See it on page 4The media segment reported ¥12,229 million in sales but incurred an operating loss of ¥5,050 million, primarily due to ongoing investment in AbemaTV.
See it on page 4Profit attributable to shareholders of the parent grew 58.9% year-on-year, reaching ¥1,456 million for the quarter ending September 30, 2020.
See it on page 1Management maintained its full-year FY2020 forecast, projecting net sales of ¥465,000 million and operating income of ¥28,000 million.
See it on page 1Total assets reached ¥226,195 million, with net assets growing to ¥111,489 million supported by gains in available-for-sale securities.
See it on page 5CyberAgent Inc. reported consolidated financial results for the first quarter of FY2020, ending September 30 2020. Net sales rose 4.4 % year‑on‑year to ¥115,681 million, driven by growth in the Internet advertising and media segments. Operating income increased 44.6 % to ¥7,733 million, and ordinary income grew 49.5 % to ¥7,724 million, reflecting higher advertising billings and a rebound in game revenue. Profit attributable to shareholders of the parent reached ¥1,456 million, an 58.9 % increase from the prior year’s ¥916 million.
Total assets increased modestly to ¥226,195 million, with a slight rise in software and intangible assets. Net assets grew to ¥111,489 million, supported by gains on available‑for‑sale securities and a higher valuation difference. Shareholders’ equity remained stable at ¥74,015 million after accounting for capital surplus and retained earnings adjustments.
Segment analysis shows the Internet advertising business contributed ¥67,322 million in sales with a 33.7 % operating income increase, while the media segment recorded ¥12,229 million in sales but incurred an operating loss of ¥5,050 million due to investment in AbemaTV. The game segment generated ¥35,251 million in sales with a 60.3 % operating income rise. Investment development and other businesses contributed modestly to overall results.
The company maintained its FY2020 full‑year forecast unchanged, projecting net sales of ¥465,000 million and operating income of ¥28,000 million. No material changes in accounting policies or significant subsidiaries were reported for the period.
