Consolidated sales for FY2023 reached 720.2 billion yen, a 1.4% increase year-over-year, marking 26 consecutive years of sales growth since inception.
02
Operating 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.
03
Net profit for FY2023 decreased by 78.0% to 5.332 billion yen.
04
ABEMA, 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.
05
The 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.
06
The 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.
07
Total 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.
Insights
01
Consolidated sales for FY2023 reached 720.2 billion yen, a 1.4% increase year-over-year, marking 26 consecutive years of sales growth since inception.
02
Operating 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.
03
Net profit for FY2023 decreased by 78.0% to 5.332 billion yen.
04
ABEMA, 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.
05
The 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.
06
The 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.
07
Total 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.