FY2024 Consolidated Financial Results: Japan

Key insights

7 takeaways · ~3 min read

01
CyberAgent, Inc. reported a significant increase in net income attributable to owners of the parent, rising 204.7% to ¥16,246 million in FY2024, compared to ¥5,332 million in FY2023.See it on page 1
02
Overall net sales for FY2024 increased by 11.5% to ¥802,996 million from ¥720,207 million in FY2023, with operating income also seeing a substantial 70.4% rise to ¥41,843 million.See it on page 8
03
The Game Business segment experienced a 10.3% year-on-year increase in net sales to ¥197,015 million in FY2024, but its operating income decreased by 13.9% to ¥19,540 million.See it on page 4
04
The Internet Advertisement Business remains the largest segment by revenue, with net sales of ¥401,313 million in FY2024 (up 5.3% year-on-year) and operating income of ¥20,534 million (up 12.1% year-on-year).See it on page 4
05
Total assets increased by ¥42,590 million to ¥520,417 million at the end of FY2024, primarily due to an increase in cash and deposits.See it on page 6
06
The company forecasts continued growth for FY2025, projecting net sales of ¥820,000 million (a 2.1% increase) and net income attributable to owners of the parent of ¥21,000 million (a 29.3% increase).See it on page 5
07
Dividends per share increased from ¥15.00 in FY2023 to ¥16.00 in FY2024, with a forecast of ¥17.00 for FY2025.See it on page 1

Summary

FY2024 Consolidated Financial Results [Japanese GAAP] Listed company name: CyberAgent, Inc.(herein referred as the "Company") Listed stock exchange: TSE Prime Market Code No.: 4751 URL https://www.cyberagent.co.jp/ en/ Representative: Representative Director CEO Susumu Fujita Inquiries: Senior Managing Executive Officer Go Nakaya...