FY2022 Consolidated Financial Results: Japan

Key insights

7 takeaways · ~3 min read

01
CyberAgent, Inc. experienced a significant decline in profitability in FY2022 (October 1, 2021 – September 30, 2022), with operating income decreasing by 33.8% to ¥69,114 million and net income attributable to owners of the parent falling by 41.7% to ¥24,219 million, despite a 6.6% increase in net sales to ¥710,575 million.See it on page 1
02
The Internet Advertisement Business was the largest revenue driver, generating ¥376,819 million in net sales (up 17.3% year-on-year) and ¥24,464 million in operating income (up 8.4% year-on-year).See it on page 4
03
The Media Business, which includes "ABEMA" and "WINTICKET," saw substantial net sales growth of 35.3% to ¥112,142 million, and reduced its operating loss from ¥15,141 million in FY2021 to ¥12,419 million in FY2022.See it on page 4
04
Cash and cash equivalents decreased by ¥16,047 million to ¥168,035 million by the end of FY2022, primarily due to a significant drop in cash flow from operating activities (from ¥109,609 million inflow in FY2021 to ¥17,946 million inflow in FY2022) and increased investing activities outflow.See it on page 4
05
Total equity increased by ¥28,770 million to ¥222,915 million, mainly due to the recording of net income attributable to owners of the parent and non-controlling interests.See it on page 10
06
The company conducted a four-for-one stock split of common stocks on April 1, 2021, impacting per-share metrics.See it on page 18
07
CyberAgent, Inc. is transitioning from the consolidated corporate tax system to the group tax sharing system, which affects their tax effect accounting.See it on page 15

Summary

FY2022 Consolidated Financial Results [Japanese GAAP] Listed company name: CyberAgent, Inc. (herein referred as the "Company") Listed stock exchange: TSE Prime Market Code No.: 4751 URL https://www.cyberagent.co.jp/en/ Representative: Representative Director CEO Susumu Fujita Inquiries: Senior Managing Executive Officer ...