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.
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).
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.
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.
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.
06
The company conducted a four-for-one stock split of common stocks on April 1, 2021, impacting per-share metrics.
07
CyberAgent, Inc. is transitioning from the consolidated corporate tax system to the group tax sharing system, which affects their tax effect accounting.
Insights
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.
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).
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.
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.
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.
06
The company conducted a four-for-one stock split of common stocks on April 1, 2021, impacting per-share metrics.
07
CyberAgent, Inc. is transitioning from the consolidated corporate tax system to the group tax sharing system, which affects their tax effect accounting.