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FY2021 Third Quarter Consolidated Financial Results: Japan

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CyberAgent, Inc. reported a strong third‑quarter performance for FY2021 under Japanese GAAP, with net sales rising 36.1 % YoY to ¥486.7 billion and operating income surging 171.9 % YoY to ¥77.5 billion. Ordinary income increased 173.3 % to ¥77.8 billion, while profit attributable to shareholders of the parent jumped 462.1 % to ¥33.0 billion, reflecting a cumulative comprehensive income of ¥49.7 billion (288.8 % YoY). Basic earnings per share reached ¥65.46, up from ¥11.65 in FY2020, after a four‑for‑one stock split effective April 1 2021. Total assets grew to ¥343.7 billion, driven by a ¥82.9 billion increase in current assets, while total liabilities rose to ¥165.6 billion, mainly due to higher accounts payable and short‑term loans. Shareholders’ equity expanded to ¥110.5 billion, with retained earnings rising by ¥50.4 billion. Segment analysis shows the Internet Advertisement Business delivering record net sales of ¥239.1 billion (17 % YoY) and operating income of ¥18.1 billion, while the Game Business posted net sales of ¥186.3 billion (59.5 % YoY) and operating income of ¥68.6 billion, a 196.4 % increase. The Media Business, despite continued investment in ABEMA, achieved net sales of ¥60.2 billion (52.6 % YoY) with an operating loss of ¥11.2 billion, reduced from ¥13.3 billion the prior year. The company revised its full‑year earnings forecast upward and increased the FY2021 dividend to ¥11.00 per share (¥44 pre‑split), targeting a 5 % or higher dividend payout ratio. The results underscore CyberAgent’s strategy of leveraging smartphone‑focused advertising growth while investing heavily in media and gaming assets to sustain long‑term profitability.

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FY2021 Third Quarter Consolidated Financial Results: Japan

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