CyberAgent

Game Co.

129 documents

Internet/media company, parent of Cygames (Granblue Fantasy, Uma Musume, Princess Connect). Game segment is major revenue driver.

Documents

Report

3Q FY2024 Presentation Material

3Q FY2024 Presentation Material 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. Financial Summary (April - June 2024) 3. Internet Advertisement Business 6. Medium to Long-Term Strategy FY2024 Three key businesses were strong.

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CyberAgent

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1Q FY2024 Presentation Material

The presentation outlines CyberAgent’s fiscal‑year 2024 first‑quarter performance, emphasizing a robust rebound across its three core businesses—Internet advertising, media (ABEMA), and game development. Consolidated sales reached ¥193 billion, up 15.2 % year‑over‑year, while operating profit climbed to ¥6.28 billion, a 7.5‑point increase from the prior year’s loss. The advertising arm delivered ¥105.3 billion in revenue, up 10.1 % YoY, and an operating profit of ¥5.6 billion, reflecting a 13.3 % YoY gain and sustained improvement in operating‑margin efficiency (OPM). Media operations posted ¥42.7 billion, a 27.8 % YoY rise, though operating loss narrowed to ¥0.9 billion, driven by reduced losses in ABEMA‑related activities. Game sales hit ¥45.0 billion, up 10.1 % YoY and 6.5 % QoQ; operating loss fell to ¥3.4 billion, a 32.9 % YoY decline and 42.4 % QoQ improvement, thanks to a new hit title. Financial statements show total assets of ¥468.7 billion and shareholders’ equity of ¥129.0 billion, with cash deposits at ¥184.8 billion. SG&A expenses rose 8.1 % YoY to ¥43.7 billion, while headcount increased to 7,336 employees. Strategically, the company targets a “growth phase” with new digital ad platforms (e.g., ANA Moment Ads), continued investment in ABEMA, and a pipeline of high‑quality games such as “Jujutsu Kaisen Phantom Parade.” Forecasts indicate that FY2024 operating profit will reach ¥30 billion, with sales projected at ¥750 billion. The presentation stresses a commitment to enhancing monetization, AI‑driven advertising efficiency, and extending game lifecycles to secure long‑term profitability.

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CyberAgent

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1Q FY2022 Presentation Material

1Q FY2022 Presentation Material 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 1. Quarterly Results <sub>(October </sub>- December 2021) 3. Internet Advertisement Business 6. Medium to long-term strategy FY2022 Sales and OP were off to a strong start.

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CyberAgent

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FY2021 First Quarter Consolidated Financial Results: Japan GAAP

CyberAgent Inc. reported consolidated results for the first quarter of FY2021, ending September 30 2021, showing a 13.3 % increase in net sales to ¥131,014 million versus ¥115,681 million in the same period of FY2020. Operating income fell 8.7 % to ¥7,058 million from ¥7,733 million, while ordinary income declined 10.2 % to ¥6,932 million. Profit attributable to shareholders of the parent rose sharply by 101.3 % to ¥2,930 million, driven largely by gains in the investment development segment and a reduction of operating losses in media. Basic earnings per share increased to ¥23.22 from ¥11.55, and diluted EPS reached ¥21.87. Total assets decreased to ¥252,094 million from ¥260,766 million, largely due to a reduction in cash and deposits following corporate tax payments. Net assets fell to ¥122,436 million from ¥127,678 million, and the shareholders’ equity ratio declined to 33.3 % from 34.3 %. The company maintained a stable share count of approximately 126 million shares outstanding, with treasury stock reduced to 241,942 shares. Segment analysis revealed that the media business grew net sales by 67 % to ¥20,428 million but remained loss‑making at ¥3.926 billion. Internet advertising achieved a record net sales of ¥76,587 million with operating income up 0.8 % to ¥5,705 million. Game business sales fell 15 % to ¥29,954 million, and operating income dropped 77.8 %. Investment development sales surged 79.9 % to ¥5,314 million with operating income up 74 %. Other businesses grew modestly by 12.5 % to ¥5,223 million. The company’s FY2021 full‑year forecast remains unchanged from the October 28, 2020 announcement, projecting net sales of ¥500,000 million and operating income of ¥30,000 million. No revisions to dividend forecasts were made for FY2021.

market-analysis mobile japan

CyberAgent

Report

FY2025 Presentation Material

October 2024 to September 2025 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. FY2025 Full Year Results (October 2024 -September 2025) 2. FY2026 Forecast (October 2025 -September 2026) 4. Internet Advertisement Business 6. Medium to Long-Term Strategy 7.

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CyberAgent

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FY2023 Second Quarter Consolidated Financial Results: Japan

CyberAgent’s FY2023 second‑quarter results show a modest 0.3 % rise in consolidated net sales to ¥363,235 million, while operating income fell sharply by 61.5 % to ¥17,531 million, reflecting a significant decline in profitability across key segments. Ordinary income attributable to the parent dropped 83.1 % to ¥2,898 million, and net income fell from ¥28,339 million in the same period of FY2022 to ¥7,748 million. Basic earnings per share contracted from ¥33.93 to ¥5.72, and diluted EPS fell from ¥32.14 to ¥5.24. Segment performance varied: the Media Business, driven by ABEMA and related services, recorded net sales of ¥66,960 million (27.9 % YoY growth) but posted an operating loss of ¥9,956 million due to the FIFA World Cup broadcast costs. The Internet Advertisement Business grew net sales by 6 % to ¥195,871 million but saw operating income decline 24.8 %. Game Development sales fell 19.1 % to ¥103,061 million with a 47 % drop in operating income. Investment Development and Other Businesses also experienced sales declines, though the latter’s operating income fell 18.1 %. The balance sheet expanded, with total assets rising to ¥428,812 million (up ¥45,114 million) largely from convertible bond issuance. Total liabilities increased to ¥205,219 million, driven by the same debt instruments, while equity grew modestly to ¥223,593 million. Cash and cash equivalents rose by ¥17,246 million to ¥185,281 million, supported by operating cash flow of ¥14,080 million and financing inflows from bond issuance. Forecasts for FY2023 remain unchanged: net income is projected at ¥720,000 million (a 1.3 % YoY increase), operating income at ¥40,000 million (down 42.1 %), and ordinary income attributable to owners at ¥40,000 million (down 42.4 %). The company maintains a dividend policy of ¥15 million per share for FY2023, unchanged from prior guidance.

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CyberAgent

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Partial Correction to FY2023 Second Quarter Consolidated Financial Results: Japan

CyberAgent, Inc. issued a partial correction to its FY2023 second‑quarter consolidated financial results under Japanese GAAP, published on May 15 2025. The correction addresses numerical inaccuracies in the original April 26, 2023 release; corrected figures are presented in full within the revised statement. Net sales for the cumulative second quarter rose modestly to ¥362,872 million (0.3% YoY), while operating income fell sharply to ¥16,473 million (‑63.4% YoY). Ordinary income attributable to the parent declined 87.8% to ¥2,039 million, and net income attributable to owners of the parent dropped 87.8% to ¥2,039 million from ¥16,651 million the previous year. Basic earnings per share fell to ¥4.03 from ¥32.93, and diluted EPS to ¥3.65 from ¥31.19. Total assets increased by ¥44,350 million to ¥426,283 million, driven mainly by convertible bond issuance; total liabilities rose by ¥44,531 million to ¥205,219 million. Equity fell slightly to ¥221,064 million (equity ratio 32.3%). Cash and cash equivalents grew by ¥17,246 million to ¥185,281 million. Operating cash flow improved to ¥14,080 million, while investing activities used ¥12,012 million and financing activities supplied ¥15,410 million. Segment analysis shows media business sales up 27.9% but operating loss widened to ¥10,605 million; internet advertising sales grew 5.9% with operating income down 25.9%; game business sales fell 19.1% and operating loss deepened to ¥20,414 million. The company’s FY2023 full‑year forecast remains unchanged at net income ¥720,000 million and operating income ¥40,000 million. The correction does not alter the company’s forward‑looking statements or dividend policy.

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CyberAgent

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FY2025 First Quarter Consolidated Financial Results: Japan GAAP

CyberAgent, Inc. reported a first‑quarter fiscal 2025 performance that marked a turnaround from the prior year’s loss. Net sales rose 5.6 % to ¥203,842 million, driven by a 10.5 % increase in the Media & IP Business (¥55,638 million) and an 11.8 % rise in Internet Advertisement sales (¥117,792 million). Operating income surged 32.1 % to ¥8,301 million, converting the prior‑year operating loss of ¥796 million into a profit. Ordinary income climbed 35.9 % to ¥8,806 million, and net income attributable to the parent rose from a loss of ¥472 million to a profit of ¥5,071 million. Earnings per share improved from a negative ¥0.93 to ¥10.01 basic and ¥9.21 diluted. Total assets increased modestly to ¥524,972 million, while equity fell slightly to ¥252,002 million due mainly to dividend payouts. The company’s forecast for FY2025 remains unchanged: net sales of ¥820,000 million (2.1 % growth) and operating income of ¥42,000 million (0.4 % growth). Dividend policy is unchanged, with a forecast annual dividend of ¥17.00 per share. The report covers Japan GAAP operations across four segments—Media & IP, Internet Advertisement, Game, and Investment Development—within the Japanese market for FY2025. No significant accounting policy changes or restatements were noted, and the company confirmed its going‑concern assumption. The financial statements are based on a consolidated basis, with 506 million shares outstanding and no material changes in the scope of consolidation.

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CyberAgent

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3Q FY2020 Presentation Material: Japan

3Q FY2020 Presentation Material 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 1. Quarterly Results (April - June 2020) 3. Internet Advertisement Business FY2020 Results were in line with the forecast despite COVID-19 Q3 impact.

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CyberAgent

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3Q FY2022 Presentation Material: Japan

3Q FY2022 Presentation Material 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 1. Quarterly Results (April - June 2022) 3. Internet Advertisement Business 6. Medium to long-term strategy FY2022 Game sales declined from the peak made by the title released last year.

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CyberAgent

Report

Quarterly Transition by Business Segment: Japan

The quarterly transition analysis focuses on Japan’s key business segments for fiscal years 2019 and 2020, presenting sales, operating profit (OP), and operating profit margin (OPM) figures in millions of yen. Media business sales rose from 46,575 million yen in FY2019 to 39,437 million yen in FY2020, reflecting a decline across all quarters. Game business sales increased from 152,224 million yen to 116,815 million yen, with the highest quarterly sales in Q2 of FY2020. Internet advertisement sales grew from 256,644 million yen to 204,419 million yen, driven by Q2 and Q3 gains. Investment development sales fell sharply from 6,428 million yen to 3,675 million yen, largely due to a significant drop in Q4 FY2020. Other business sales remained relatively stable, moving from 18,947 million yen to 14,367 million yen. Operating profit trends mirror sales movements. Media business OP declined from –13,288 million yen in FY2019 to –28,511 million yen in FY2020, with negative margins consistently between –33.7% and –40.9%. Game business OP improved, reaching 23,142 million yen in FY2019 and 28,511 million yen in FY2020, with margins rising from 19.8% to 20.7%. Internet advertisement OP grew from 17,130 million yen to 31,180 million yen, maintaining margins around 8.4%. Investment development OP fell from 2,931 million yen to a negative figure in Q4 FY2020, with an extreme margin swing from 79.8% to –231.6%. Other business OP increased modestly, with margins hovering near 9%. The analysis covers the entire Japanese market across all four quarters of FY2019 and FY2020, using internal financial data to calculate quarterly sales, OP, and OPM. Adjustments for incentive payments are excluded from the operating profit calculations to provide a clearer view of core profitability. The findings highlight sectoral shifts, with media and investment development segments underperforming while game and internet advertisement segments demonstrate resilience and growth.

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CyberAgent

CyberAgent

Documents

3Q FY2024 Presentation Material

1Q FY2024 Presentation Material

1Q FY2022 Presentation Material

FY2021 First Quarter Consolidated Financial Results: Japan GAAP

FY2025 Presentation Material

FY2023 Second Quarter Consolidated Financial Results: Japan

Partial Correction to FY2023 Second Quarter Consolidated Financial Results: Japan

FY2025 First Quarter Consolidated Financial Results: Japan GAAP

3Q FY2020 Presentation Material: Japan

3Q FY2022 Presentation Material: Japan

Quarterly Transition by Business Segment: Japan

FY2022 Consolidated Financial Results: Japan