Key insights
7 takeaways · ~3 min read- 01Consolidated sales for FY2023 reached 720.2 billion yen, a 1.4% increase year-over-year, marking 26 consecutive years of sales growth since inception.See it on page 6
- 02Operating profit for FY2023 significantly declined by 64.5% to 24.557 billion yen, with the operating profit margin dropping from 9.7% to 3.4%, primarily due to large investments in the Media business (ABEMA) including the FIFA World Cup.See it on page 9
- 03Net profit for FY2023 decreased by 78.0% to 5.332 billion yen.See it on page 9
- 04ABEMA, the Media business segment, saw its Weekly Active Users (WAU) grow by 2.4 million year-over-year, reaching an average of 18.79 million in Q4 FY2023, driven by events like the FIFA World Cup.See it on page 35
- 05The company plans to release more than three new games in FY2024, including "Jujutsu Kaisen Phantom Parade" in late November, and will open a new production studio in Japan to leverage AI and computer graphics.See it on page 30
- 06The Ad business is projected to continue growing in the medium to long term, with efforts to commercialize AI and DX related business to improve operating profit margins.See it on page 13
- 07Total assets increased by 24.5% to 477.826 billion yen by September 2023 compared to September 2022, with fixed assets showing a 40.8% increase.See it on page 10
Summary
October 2022 to September 2023 The future information, such as earnings forecast, written in this document is based on our expectations and assumptions as of the date the forecast was made. Our actual results could differ materially from those described in this forecast because of various risks and uncertainties. 1. FY2023 Full Year Results (October 2022-September 2023) 2. FY2024 Forecast (October 2023-September 2024) 3. Internet Advertisement Business 6. Medium to Long-Term Strategy 7.
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