FinancialCyberAgent
FY2022 Third Quarter Consolidated Financial Results: Japan
8 pages~16 min full read
CyberAgent reported a 9.8% year-on-year increase in net sales to ¥534,348 million for the third quarter ending June 30, 2022.
See it on page 4Operating income declined by 27.9% to ¥55,898 million, primarily due to rising operating costs and changes in revenue recognition for game-related items.
See it on page 4Profit attributable to shareholders fell 37.4% to ¥20,701 million, resulting in a decrease in basic earnings per share from ¥65.46 to ¥40.94.
See it on page 1Growth was driven by a 36.0% surge in ABEMA pay-per-view revenue and a 19.0% increase in internet advertising sales, which totaled ¥284,428 million.
See it on page 4The company’s shareholders’ equity ratio improved to 37.5% from 33.7%, despite a ¥7,882 million decrease in total assets caused by tax and dividend outflows.
See it on page 1Management maintained its full-year FY2022 forecast, targeting ¥700,000 million in net sales and ¥70,000 million in operating income.
See it on page 4CyberAgent, Inc. reported FY2022 third‑quarter results under Japanese GAAP for the period ending June 30, 2022. Net sales rose 9.8 % year‑on‑year to ¥534,348 million, driven by a 36.0 % increase in ABEMA pay‑per‑view revenue and a 19.0 % rise in internet advertising sales, which reached ¥284,428 million. Operating income fell 27.9 % to ¥55,898 million, and ordinary income declined 27.7 % to ¥56,266 million, reflecting higher operating costs and a shift in revenue recognition for game‑related items. Profit attributable to shareholders of parent contracted 37.4 % to ¥20,701 million, with earnings per share dropping from ¥65.46 (basic) to ¥40.94.
Total assets decreased by ¥7,882 million to ¥374,695 million, largely due to cash outflows for corporate tax and dividends. Net assets increased by ¥22,537 million to ¥216,683 million, supported by retained earnings growth. Shareholders’ equity ratio improved from 33.7 % to 37.5 %. The company maintained a four‑for‑one stock split effective April 1, 2021, and treasury stock holdings increased to 1,004 shares.
The FY2022 full‑year forecast remains unchanged at ¥700,000 million in net sales and a 5.0 % operating income increase to ¥70,000 million, with profit attributable to shareholders projected at ¥25,000 million. The forecast acknowledges potential material deviations due to market risks and uncertainties.
