FinancialCyberAgent
FY2024 Presentation Material: January–March 2024
1 Apr 202437 pages~14 min full read
CyberAgent achieved record consolidated net sales of 215.1 billion yen in Q2 FY2024, a 10% year-on-year increase, with operating income rising 12.2% to 21.0 billion yen.
See it on page 6The game business segment saw operating income surge 421.2% quarter-on-quarter to 18.2 billion yen, driven by the global launch of Granblue Fantasy: Relink and Uma Musume Pretty Derby anniversary events.
See it on page 20The ABEMA streaming platform reached quarterly profitability for the first time, supported by a weekly active user base of 23.64 million and expanded sports programming partnerships.
See it on page 26CyberAgent has already secured over 90% of its full-year operating profit target by the end of the second quarter.
See it on page 14The internet advertisement business reached record sales of 107.3 billion yen, bolstered by the integration of generative AI tools to enhance ad performance.
See it on page 16Granblue Fantasy: Relink achieved a significant commercial milestone by selling one million units within eleven days of its global release.
See it on page 22CyberAgent’s financial results for the second quarter of fiscal year 2024 reflect a period of record-breaking sales and significant profit recovery. Consolidated net sales reached 215.1 billion yen, a 10% increase year-on-year, while operating income rose 12.2% to 21.0 billion yen. This performance marks a strategic pivot toward a new growth phase, with the company successfully positioning FY2023 as its earnings floor.
The game business served as a primary growth engine this quarter, with sales increasing 8.1% year-on-year to 67.1 billion yen and operating income surging 421.2% quarter-on-quarter to 18.2 billion yen. These results were driven by the successful global launch of Granblue Fantasy: Relink, which sold one million units in eleven days, and the third-anniversary events for the flagship title Uma Musume Pretty Derby. The internet advertisement business also achieved record sales of 107.3 billion yen, maintaining steady growth through the integration of generative AI tools to maximize ad effectiveness.
A major milestone was achieved in the media segment, where the ABEMA streaming platform turned profitable on a quarterly basis for the first time since its investment phase began. ABEMA’s weekly active users grew to 23.64 million, supported by expanded sports programming through partnerships with DAZN and WOWOW. Across all segments, the company is leveraging technological advantages, including proprietary large language models and AI-driven production studios, to improve operational efficiency.
Based on these results, the company reports strong progress toward its full-year forecasts, having already achieved over 90% of its annual operating profit target by the end of the second quarter. The strategic outlook focuses on stabilizing the game business through long-term IP management and establishing ABEMA as a permanent fixture of social infrastructure.
