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FY2024 Second Quarter Consolidated Financial Results: Japan

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CyberAgent’s FY2024 second‑quarter results show a robust 12.4 % rise in net sales to ¥408,205 million, driven by growth across its media, internet advertising, and game segments. Operating income surged 56 % to ¥27,355 million, while ordinary income climbed 55 % to ¥27,788 million. Net income attributable to the parent ballooned 240 % to ¥9,866 million, with earnings per share rising from ¥5.72 (basic) to ¥19.48 in the quarter. Segment performance highlights include a 26.8 % increase in ABEMA‑related media sales to ¥84,880 million, an 8.6 % rise in internet advertising revenue to ¥212,658 million, and an 8.9 % rise in game sales to ¥112,213 million. The investment development segment recorded a 27.6 % decline in sales to ¥880 million, reflecting a shift away from venture activities. Total assets grew by ¥21.9 billion to ¥499,775 million, with current assets expanding due to higher receivables and contract assets. Total liabilities increased by ¥14.4 billion, mainly from higher accounts payable and tax payables, while equity rose by ¥7.5 billion to ¥239,441 million. Cash and cash equivalents increased by ¥3.8 billion to ¥205,575 million. Cash flow from operations improved markedly, providing ¥23,008 million in net inflow versus ¥14,080 million the prior year. Investing cash outflows were lower than in 2023, and financing activities shifted from a net inflow to a net outflow due largely to dividend payments. The company maintains its FY2024 full‑year forecast of ¥750 billion in net sales and ¥30 billion in operating income, unchanged from the November 2023 guidance. No revisions to accounting policies or significant subsidiary changes were reported, and the forecast remains subject to market uncertainties.

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FY2024 Second Quarter Consolidated Financial Results: Japan

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