Report

FY2025 Third Quarter Consolidated Financial Results: Japan

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CyberAgent, Inc. reported consolidated financial results for the third quarter of fiscal year 2025 (ending September 30, 2025) under Japanese GAAP. Net sales rose 5.8 % YoY to ¥631,993 million, driven by a 14.1 % increase in the Media & IP Business and a 7.1 % rise in Internet Advertisement sales, while Game Business sales fell 7.1 %. Operating income increased 40.1 % to ¥48,798 million; ordinary income grew 35.6 % to ¥48,631 million, and net income attributable to owners of the parent surged 63.7 % to ¥24,103 million. Basic earnings per share reached ¥47.59 (diluted ¥44.88). Total assets climbed to ¥530,931 million, equity rose to ¥273,654 million, and the equity ratio improved to 32.5 %. The company forecast full‑year FY2025 net income of ¥850,000 million (up 6.1 %) and operating income of ¥66,000 million (up 64.7 %). Dividend policy remains unchanged with a forecast of ¥17.00 million per share for FY2025. Segment analysis shows Media & IP as the largest contributor, with operating income of ¥7,008 million; Internet Advertisement posted a 4.6 % YoY decline in operating income due to higher personnel costs; Game Business achieved a 31.0 % YoY rise in operating income after a successful console title launch; Investment Development recorded a modest operating loss. Impairment losses totaled ¥3,892 million across segments, primarily in Internet Advertisement and Game. The company’s cash position remained stable at ¥209 billion, while short‑term debt increased to ¥5.6 billion following the elimination of convertible bond current portions. No significant changes in accounting policies or segment structure were noted beyond the reclassification of “Other Businesses” into Media & IP. The report also announced the establishment of a new venture‑capital fund, CA Startups Internet Fund No. 4, which will become a specified subsidiary once fully funded.

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FY2025 Third Quarter Consolidated Financial Results: Japan

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