CyberAgent’s Q1 FY2022 net sales rose 30.6% year-on-year to ¥171,090 million, with operating income surging 180.6% to ¥19,804 million.

According to "FY2022 First Quarter Consolidated Financial Results (Japanese GAAP)": CyberAgent’s Q1 FY2022 net sales rose 30.6% year-on-year to ¥171,090 million, with operating income surging 180.6% to ¥19,804 million.

The game business was the primary growth driver, reporting a 94.7% increase in net sales to ¥58,329 million and a 1,405.7% jump in operating income to ¥17,130 million.

According to "FY2022 First Quarter Consolidated Financial Results (Japanese GAAP)": The game business was the primary growth driver, reporting a 94.7% increase in net sales to ¥58,329 million and a 1,405.7% jump in operating income to ¥17,130 million.

The internet advertisement business reached record-high net sales of ¥87,831 million during the quarter ending December 31, 2021.

According to "FY2022 First Quarter Consolidated Financial Results (Japanese GAAP)": The internet advertisement business reached record-high net sales of ¥87,831 million during the quarter ending December 31, 2021.

The media business, including ABEMA, recorded an operating loss of ¥3,840 million as the company prioritizes long-term platform investment.

According to "FY2022 First Quarter Consolidated Financial Results (Japanese GAAP)": The media business, including ABEMA, recorded an operating loss of ¥3,840 million as the company prioritizes long-term platform investment.

The investment development business experienced a 57.5% year-on-year decline in operating income.

According to "FY2022 First Quarter Consolidated Financial Results (Japanese GAAP)": The investment development business experienced a 57.5% year-on-year decline in operating income.

CyberAgent declined to provide a full-year earnings forecast for fiscal 2022, citing the inherent volatility and unpredictable performance of the game business.

According to "FY2022 First Quarter Consolidated Financial Results (Japanese GAAP)": CyberAgent declined to provide a full-year earnings forecast for fiscal 2022, citing the inherent volatility and unpredictable performance of the game business.

The company adopted new accounting standards for revenue recognition regarding in-game currency and item charges, though the impact on overall profit and loss was minor.

According to "FY2022 First Quarter Consolidated Financial Results (Japanese GAAP)": The company adopted new accounting standards for revenue recognition regarding in-game currency and item charges, though the impact on overall profit and loss was minor.

Back to report

Key Insights

FY2022 First Quarter Consolidated Financial Results (Japanese GAAP)

CyberAgent~18 min full read

01
CyberAgent’s Q1 FY2022 net sales rose 30.6% year-on-year to ¥171,090 million, with operating income surging 180.6% to ¥19,804 million.
See it on page 4
02
The game business was the primary growth driver, reporting a 94.7% increase in net sales to ¥58,329 million and a 1,405.7% jump in operating income to ¥17,130 million.
See it on page 4
03
The internet advertisement business reached record-high net sales of ¥87,831 million during the quarter ending December 31, 2021.
See it on page 4
04
The media business, including ABEMA, recorded an operating loss of ¥3,840 million as the company prioritizes long-term platform investment.
See it on page 4
05
The investment development business experienced a 57.5% year-on-year decline in operating income.
See it on page 4
06
CyberAgent declined to provide a full-year earnings forecast for fiscal 2022, citing the inherent volatility and unpredictable performance of the game business.
See it on page 1
07
The company adopted new accounting standards for revenue recognition regarding in-game currency and item charges, though the impact on overall profit and loss was minor.
See it on page 7

That's the gist.

Dive into the full report for the data, charts, and sources behind these takeaways.

Read the full report