FinancialCyberAgent
FY2020 Third Quarter Consolidated Financial Results: Japan
9 pages~13 min full read
CyberAgent reported a 230.9% surge in profit attributable to shareholders, reaching ¥5,879 million for the third quarter of FY2020.
See it on page 1Net sales grew 4.6% year-on-year to ¥357,708 million, bolstered by strong performance in the Internet advertisement and game segments.
See it on page 4The game business remains a primary profit driver, contributing ¥116,815 million in sales and ¥23,142 million in operating income.
See it on page 4The Internet advertisement segment generated the highest revenue at ¥204,419 million, with an operating income of ¥17,130 million.
See it on page 4Operating income rose 21.9% to ¥28,511 million, while basic earnings per share increased to ¥46.63 from ¥14.10 in the prior year.
See it on page 7The media business, encompassing ABEMA and Ameba, recorded ¥39,437 million in sales alongside an operating loss of ¥13,288 million.
See it on page 4Management maintained the FY2020 full-year forecast of ¥465,000 million in net sales and ¥28,000 million in operating income.
See it on page 1CyberAgent Inc. reported consolidated financial results for the third quarter of FY2020, ending September 30, 2020. Net sales increased by 4.6 % year‑on‑year to ¥357,708 million, driven by growth in the Internet advertisement and game segments. Operating income rose 21.9 % to ¥28,511 million, and ordinary income climbed 22.8 % to ¥28,463 million; profit attributable to shareholders of the parent surged 230.9 % to ¥5,879 million, reflecting a strong rebound after a loss in the prior year. Basic earnings per share reached ¥46.63, up from ¥14.10 in FY2019.
Total assets grew to ¥235,860 million, with cash and deposits rising by ¥5,860 million. Net assets increased to ¥120,362 million, and the shareholders’ equity ratio improved slightly from 35.2 % to 35.7 %. The company maintained a dividend policy of ¥33 million per share for FY2020, unchanged from the previous year.
Segment analysis shows the media business (including ABEAMA and Ameba) generated ¥39,437 million in sales with a modest operating loss of ¥13.288 million; the game business delivered ¥116,815 million in sales and ¥23,142 million in operating income; the Internet advertisement segment achieved ¥204,419 million in sales and ¥17,130 million in operating income. Investment development and other businesses contributed smaller amounts.
The forecast for FY2020 remains unchanged, projecting net sales of ¥465 000 million and operating income of ¥28 000 million. The results reflect CyberAgent’s focus on smartphone‑centric advertising and investment in long‑term growth assets amid a recovering digital ad market.
