Related Documents
Financial
FY2022 First Quarter Consolidated Financial Results (Japanese GAAP)
CyberAgent’s consolidated financial results for the first quarter of the fiscal year ending September 2022 reveal a period of significant growth, primarily driven by a surge in the game business. For the three-month period ending December 31, 2021, net sales reached ¥171,090 million, a 30.6% increase year-on-year. Operating income saw a substantial rise of 180.6% to ¥19,804 million, while profit attributable to shareholders of the parent grew by 107.9% to ¥6,091 million. The game business was the primary catalyst for this performance, reporting a 94.7% increase in net sales to ¥58,329 million and a 1,405.7% increase in operating income to ¥17,130 million, largely due to a successful title launched in early 2021. The internet advertisement business also achieved record-high net sales of ¥87,831 million. Conversely, the media business, which includes ABEMA, reported an operating loss of ¥3,840 million as the company continues to invest in the platform for long-term growth. The investment development business experienced a decline, with operating income falling 57.5% year-on-year. Geographically focused on the Japanese market, the report notes a change in accounting policies following the adoption of the Accounting Standard for Revenue Recognition. This shift affects how in-game currency and item charges are recorded, though the immediate impact on profit and loss is described as minor. Despite the strong quarterly performance, CyberAgent has refrained from providing a full-year consolidated earnings forecast for fiscal 2022. This decision is attributed to the inherent volatility of the game business, where performance is highly dependent on the timing of new launches and the operational status of existing titles, making reasonable calculations difficult at this stage.
CyberAgentJan 2022
Financial
FY2024 Second Quarter Consolidated Financial Results [Japanese GAAP]
CyberAgent’s financial performance for the second quarter of fiscal year 2024 reflects robust growth across its core business pillars, characterized by a 12.4% year-over-year increase in net sales to ¥408.2 billion. Operating income saw a substantial surge of 56%, reaching ¥27.4 billion. This upward trajectory was primarily fueled by record-high sales in the internet advertising division and the successful launch of a new hit title within the game business. Furthermore, the media segment, anchored by the ABEMA streaming platform, demonstrated improved fiscal health by significantly narrowing its operating losses. The game business remains the organization’s primary profit engine, generating ¥21.7 billion in segment income from ¥112.2 billion in sales during this period. While net income attributable to the parent rose to ¥9.9 billion, the company faced higher extraordinary losses stemming from strategic business withdrawals and asset impairments. Despite these costs, the financial position remains stable with a cash reserve of ¥205.6 billion. Corporate general and administrative expenses remained consistent, with approximately ¥4.69 billion in unallocated costs reported for the quarter. Although current net income figures have already surpassed initial full-year targets, the official fiscal year 2024 forecast remains unchanged. This conservative stance accounts for potential volatility in the market valuations of subsidiary stocks and other external economic factors. The results indicate a period of strategic consolidation and operational efficiency, where high-performing segments are effectively offsetting the investment costs associated with long-term media projects and portfolio optimization.
CyberAgentApr 2024
Financial
FY2021 Second Quarter Consolidated Financial Results (Japanese GAAP)
CyberAgent experienced substantial financial expansion during the first half of fiscal year 2021, characterized by a 20.3% increase in net sales to ¥294.5 billion and a 62.8% surge in operating income to ¥32.9 billion. This growth trajectory was primarily fueled by record-breaking performance in the Internet Advertisement Business and a transformative period for the Game Business. The gaming segment saw net sales reach ¥93.9 billion, while segment income rose to ¥24.3 billion, representing a 56.5% increase in operating income following the successful market entry of two major new titles. These gains effectively offset continued strategic investments in the ABEMA media platform, demonstrating the company's ability to balance long-term ecosystem development with immediate profitability. The robust financial results prompted an upward revision of full-year earnings and dividend forecasts, with the year-end dividend set at 10 yen per share to uphold a Dividend on Equity ratio of at least 5%. Profit attributable to owners of the parent more than doubled to ¥13.7 billion, reinforcing a strong consolidated balance sheet that features over ¥100 billion in cash and total assets of ¥300.4 billion. To further enhance market accessibility and share liquidity, a four-for-one stock split was implemented in April 2021, bringing the total number of issued shares to 505.7 million and necessitating adjustments to the conversion prices of outstanding convertible bonds. Geographically focused on the Japanese market during the second quarter of the 2021 fiscal year, the findings highlight a period of high operational efficiency and successful product launches. The synergy between the established advertising business and the high-margin gaming division has provided the capital necessary to sustain heavy investments in intangible assets and securities. This strategic positioning suggests a transition toward a more diversified digital entertainment and media conglomerate, supported by a solid financial foundation and a commitment to shareholder returns through both dividends and improved stock liquidity.
CyberAgentApr 2021
Financial
FY2020 Second Quarter Consolidated Financial Results (Japanese GAAP)
CyberAgent, Inc. reported strong financial growth for the first half of fiscal year 2020, covering the period from October 1, 2019, to March 31, 2020. Net sales reached ¥244.85 billion, a 7.3% increase over the previous year, while operating income rose significantly by 45.0% to ¥20.23 billion. Profit attributable to shareholders of the parent saw the most dramatic surge, increasing 337.9% to ¥4.76 billion. These results were driven by the steady expansion of the smartphone advertisement market and successful performance across the company's core business segments. The Game Business was a primary driver of profitability, with operating income increasing 45.9% to ¥15.56 billion, bolstered by anniversary events for major titles and successful new releases. The Internet Advertisement Business also performed well, recording a 28.1% increase in operating income to ¥12.39 billion through the acquisition of new advertisers. Conversely, the Media Business, which includes the ABEMA streaming platform, reported an operating loss of ¥9.28 billion as the company continues to invest in the service as a long-term mainstay. The Investment Development Business saw declines in both sales and income compared to the prior year. The consolidated financial position remains stable with total assets of ¥241.12 billion. Cash and cash equivalents increased slightly to ¥84.96 billion, supported by strong net cash provided by operating activities. Despite the positive mid-year performance, the company maintained its original full-year earnings forecast, citing various risks and uncertainties. The report covers CyberAgent’s operations primarily within the Japanese market and utilizes Japanese GAAP accounting standards. No revisions were made to the dividend forecast, which remains at ¥33 per share for the fiscal year.
CyberAgentApr 2020