Updated Mar 23, 2026 by CyberAgent
CyberAgent’s net income attributable to the parent plummeted 82.6% year-over-year to ¥3,602 million for the third quarter of FY2023.
Operating income fell sharply by 66.1% to ¥18,966 million, despite net sales remaining nearly flat with a marginal 0.1% increase to ¥534,973 million.
The game development segment experienced a significant downturn, with revenue dropping 21.2% to ¥136,808 million and operating income declining by 58.2%.
The media segment, encompassing ABEMA and WINTICKET, recorded an operating loss of ¥11,461 million on ¥100,336 million in sales.
Internet advertising achieved record sales of ¥301,323 million, yet the segment's operating income still contracted by 28.8%.
The company's financial position shifted as the equity ratio declined from 37.6% to 30.7%, driven by a ¥74,566 million increase in liabilities from bond issuance and bank loans.
Management has revised the FY2023 earnings forecast downward, citing ongoing investment requirements and macroeconomic headwinds.
CyberAgent’s net income attributable to the parent plummeted 82.6% year-over-year to ¥3,602 million for the third quarter of FY2023.
Operating income fell sharply by 66.1% to ¥18,966 million, despite net sales remaining nearly flat with a marginal 0.1% increase to ¥534,973 million.
The game development segment experienced a significant downturn, with revenue dropping 21.2% to ¥136,808 million and operating income declining by 58.2%.
The media segment, encompassing ABEMA and WINTICKET, recorded an operating loss of ¥11,461 million on ¥100,336 million in sales.
Internet advertising achieved record sales of ¥301,323 million, yet the segment's operating income still contracted by 28.8%.
The company's financial position shifted as the equity ratio declined from 37.6% to 30.7%, driven by a ¥74,566 million increase in liabilities from bond issuance and bank loans.
Management has revised the FY2023 earnings forecast downward, citing ongoing investment requirements and macroeconomic headwinds.