Updated Mar 17, 2026 by CyberAgent
CyberAgent’s consolidated operating income fell 61.5% year-over-year to ¥17.5 billion in Q2 FY2023, despite net sales remaining nearly flat at ¥363.2 billion.
The Game Business segment experienced a 47% decline in income, dropping from ¥38.5 billion in the prior year to ¥17.3 billion.
Operating losses in the Internet Media segment increased due to substantial costs associated with distributing the FIFA World Cup Qatar 2022.
The company maintains a strong liquidity position with ¥185.3 billion in cash, bolstered by a ¥40.5 billion convertible bond issuance.
Total assets reached ¥428.8 billion as the company continues to navigate an investment cycle characterized by rising selling, general, and administrative expenses.
Despite the significant contraction in profitability, CyberAgent has maintained its full-year financial forecasts for FY2023.
CyberAgent’s consolidated operating income fell 61.5% year-over-year to ¥17.5 billion in Q2 FY2023, despite net sales remaining nearly flat at ¥363.2 billion.
The Game Business segment experienced a 47% decline in income, dropping from ¥38.5 billion in the prior year to ¥17.3 billion.
Operating losses in the Internet Media segment increased due to substantial costs associated with distributing the FIFA World Cup Qatar 2022.
The company maintains a strong liquidity position with ¥185.3 billion in cash, bolstered by a ¥40.5 billion convertible bond issuance.
Total assets reached ¥428.8 billion as the company continues to navigate an investment cycle characterized by rising selling, general, and administrative expenses.
Despite the significant contraction in profitability, CyberAgent has maintained its full-year financial forecasts for FY2023.