FinancialCyberAgent
3Q FY2024 Presentation Material
31 Jul 202443 pages~16 min full read
CyberAgent reported a 10.9% year-over-year increase in consolidated sales to 190.3 billion yen and a nearly fivefold surge in operating income to 8.5 billion yen for 3Q FY2024.
See it on page 10The company raised its full-year operating income forecast to 41 billion yen following the strong quarterly performance.
See it on page 5The Game business returned to profitability with 5.1 billion yen in operating income on 38.8 billion yen in sales, driven by the May 2024 launch of Gakuen iDOLM@STER and the performance of Umamusume: Pretty Derby.
See it on page 5The Media segment reached record engagement levels, with ABEMA recording 27.4 million weekly active users in June 2024.
See it on page 31CyberAgent is expanding its creative ecosystem through the acquisition of Nitro Plus and the development of the Manga Apartment VUY project.
See it on page 41Future growth strategy focuses on scaling globally by leveraging a portfolio that includes titles like Final Fantasy VII Ever Crisis and Jujutsu Kaisen Phantom Parade alongside its core internet advertising business.
See it on page 3CyberAgent demonstrated significant financial momentum during the third quarter of fiscal year 2024, characterized by a 10.9% year-over-year increase in consolidated sales to 190.3 billion yen and a nearly fivefold surge in operating income to 8.5 billion yen. This robust performance, primarily driven by a resurgence in the gaming sector and continued expansion in digital media, prompted an upward revision of the full-year operating income forecast to 41 billion yen. The results reflect a successful stabilization of core business pillars and a strategic pivot toward high-growth intellectual properties and cross-media monetization.
The Game business served as a primary growth engine, recording 38.8 billion yen in sales and a return to profitability with 5.1 billion yen in operating income. This recovery was fueled by the successful May 2024 launch of Gakuen iDOLM@STER and the sustained performance of established franchises like Umamusume: Pretty Derby. Simultaneously, the Media segment achieved record engagement levels, with ABEMA reaching 27.4 million weekly active users in June 2024. This growth is supported by a strategic focus on original IP ownership, exemplified by the acquisition of Nitro Plus and the development of creative infrastructure like the Manga Apartment VUY project.
Looking ahead, the corporate strategy emphasizes a fusion of technology and creativity to scale operations globally. By leveraging a diverse portfolio that includes major titles such as Final Fantasy VII Ever Crisis and Jujutsu Kaisen Phantom Parade alongside its dominant internet advertising business, the firm aims to capitalize on digital transformation trends. The transition toward a merit-based corporate structure and an expanded creative ecosystem underscores a long-term commitment to maintaining a competitive edge in the international entertainment and advertising markets.
