Updated Mar 23, 2026 by CyberAgent
CyberAgent reported a significant surge in profitability for FY2024 Q2, with operating income rising 56% to ¥27,355 million and net income attributable to the parent jumping 240% to ¥9,866 million.
Net sales for the quarter increased by 12.4% to ¥408,205 million, supported by growth across all primary segments including media, internet advertising, and games.
The media segment, driven by ABEMA, saw the strongest growth with a 26.8% increase in sales to ¥84,880 million, while game sales rose 8.9% to ¥112,213 million and internet advertising grew 8.6% to ¥212,658 million.
Cash flow from operations improved significantly to a net inflow of ¥23,008 million, compared to ¥14,080 million in the same period of the prior year.
The company maintained its full-year FY2024 guidance, projecting ¥750 billion in net sales and ¥30 billion in operating income.
The investment development segment experienced a 27.6% decline in sales to ¥880 million, signaling a strategic shift away from venture activities.
Total assets reached ¥499,775 million, supported by an increase in cash and cash equivalents to ¥205,575 million.
CyberAgent reported a significant surge in profitability for FY2024 Q2, with operating income rising 56% to ¥27,355 million and net income attributable to the parent jumping 240% to ¥9,866 million.
Net sales for the quarter increased by 12.4% to ¥408,205 million, supported by growth across all primary segments including media, internet advertising, and games.
The media segment, driven by ABEMA, saw the strongest growth with a 26.8% increase in sales to ¥84,880 million, while game sales rose 8.9% to ¥112,213 million and internet advertising grew 8.6% to ¥212,658 million.
Cash flow from operations improved significantly to a net inflow of ¥23,008 million, compared to ¥14,080 million in the same period of the prior year.
The company maintained its full-year FY2024 guidance, projecting ¥750 billion in net sales and ¥30 billion in operating income.
The investment development segment experienced a 27.6% decline in sales to ¥880 million, signaling a strategic shift away from venture activities.
Total assets reached ¥499,775 million, supported by an increase in cash and cash equivalents to ¥205,575 million.