CyberAgent

CyberAgent, Inc. issued a correction to its FY2023 first‑quarter consolidated financial results under Japanese GAAP, published on January 25 2023. The correction, announced May 15 2025, adjusts several numerical figures but does not alter the overall narrative of performance. Net sales for the quarter fell 2.1 % YoY to ¥167,423 million, while operating income turned into a loss of ¥1,738 million from an operating profit of ¥19,642 million the prior year. Ordinary loss amounted to ¥1,421 million versus an ordinary profit of ¥19,675 million, and net loss attributable to owners of the parent reached ¥5,391 million against a prior‑year profit of ¥5,929 million. Basic earnings per share were negative at –¥10.65; diluted EPS is not presented due to negative basic earnings and dilutive shares.

Total assets rose to ¥420,970 million, driven largely by convertible bond issuance, while equity fell to ¥209,638 million as retained earnings declined. The company’s dividend policy remains unchanged; no revisions were made to the FY2023 forecast, which projects net income of ¥720 million and operating loss of ¥40 million for the year.

Segment analysis shows media business sales up 33.7 % to ¥33,506 million but operating loss widened to ¥9,663 million; internet advertising sales grew 8.9 % but operating income fell 13.6 %; game business sales declined 29.9 %. The correction does not affect the company’s forward‑looking statements or accounting policy changes, which include adoption of fair‑value measurement guidance and transition to a group tax sharing system.

CyberAgent’s FY2023 first‑quarter results show a 2.1 % decline in consolidated net sales to ¥167,577 million, driven by a 34.0 % rise in media‑business sales but offset by operating losses across all segments. Operating income swung from ¥19,804 million in the same period of FY2022 to a loss of ¥1,255 million, with ordinary income turning negative at ¥939 million and net loss attributable to the parent reaching ¥5,002 million. The group’s earnings per share turned negative; basic EPS was –¥9.88, and diluted EPS is not presented due to dilutive shares.

Total assets increased by ¥39.3 billion to ¥423,028 million, largely due to the issuance of convertible bonds, while total liabilities rose by ¥50.5 billion to ¥211,331 million, pushing the equity ratio down to 31.2 %. Shareholders’ equity fell by ¥11.2 billion, mainly from retained‑earnings erosion following dividend payments.

Segment performance varied: media sales grew but operating loss widened to ¥9,356 million; internet advertising maintained an 8.9 % sales increase yet saw a 13 % drop in operating income; game and investment‑development segments posted significant sales declines and losses. The forecast for FY2023 remains unchanged, projecting net income of ¥720 million against a 1.3 % sales increase and an operating loss of ¥40 billion.

The report covers Japan‑based operations for the fiscal year ending September 2023, using Japanese GAAP. No audit was performed on the consolidated results.

CyberAgent, Inc. issued a partial correction to its FY2023 third‑quarter consolidated financial results under Japanese GAAP, published on May 15 2025. The correction adjusts several numerical figures from the original July 26 2023 release, with detailed revised amounts provided in the updated statement. The company’s net sales for the cumulative third quarter rose marginally to ¥534,397 million (0.1% YoY), while operating income fell sharply to ¥17,383 million, a 68.3% decline from the prior year’s ¥54,813 million. Ordinary income and net income attributable to owners of the parent dropped 67.6% and 88.3%, respectively, reaching ¥17,877 million and ¥2,304 million. Basic earnings per share contracted from ¥39.12 to ¥4.55, and diluted EPS fell from ¥37.03 to ¥4.00.

Total assets increased by ¥79,749 million to ¥461,683 million, driven mainly by convertible bond issuance and long‑term bank loan expansion. Total liabilities rose by ¥74,661 million to ¥235,349 million, with convertible bonds and long‑term loans accounting for the bulk of the increase. Equity grew modestly to ¥226,333 million, reflecting a rise in non‑controlling interests.

Segment analysis shows the Media Business generated ¥100,409 million in sales but recorded a loss of ¥12,394 million; Internet Advertisement Business achieved record sales of ¥300,672 million with a 30.2% YoY decline in operating income; Game Business sales fell 21.2%, and Investment Development Business saw a 22.9% YoY drop in sales. The Other segment posted modest gains.

The company revised its FY2023 earnings forecast, noting a net income estimate of ¥720 million and operating income of ¥25 million for the full year, reflecting a 63% YoY decline. The correction does not alter dividend forecasts; FY2023 dividends remain projected at ¥15 million per share.

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.

2Q FY2023 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. Financial Summary (January - March 2023) 3. Internet Advertisement Business 6. Medium to long-term strategy FY2023 Quarterly sales hit a new record high.

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.

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.

3Q FY2023 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. Financial Summary_{(April-June 2023)} 3. Internet Advertisement Business 6. Medium to long-term strategy FY2023 Media and Ads increased the sales.

CyberAgent, Inc. reported FY2023 third‑quarter consolidated results under Japanese GAAP for the period ending June 30 2023. Net sales rose marginally by 0.1 % to ¥534,973 million, yet operating income fell sharply by 66.1 % to ¥18,966 million, and ordinary income dropped 65.4 % to ¥19,460 million. Net income attributable to the parent contracted 82.6 % to ¥3,602 million from ¥20,701 million in the same quarter of FY2022. Basic earnings per share declined from ¥40.94 to ¥7.11, with diluted EPS falling from ¥38.76 to ¥6.34.

Total assets increased by ¥80,952 million to ¥464,650 million, driven mainly by convertible bond issuance and long‑term bank loans. Equity rose modestly to ¥229,301 million, while liabilities grew by ¥74,566 million. The equity ratio declined from 37.6 % to 30.7 %. Dividend policy remained unchanged, with no interim dividend announced for FY2023 and a forecast of ¥15 million per share for the year.

Segment analysis shows media (ABEMA, WINTICKET, Ameba) generated ¥100,336 million in sales but recorded an operating loss of ¥11,461 million. Internet advertising achieved a record ¥301,323 million in sales but saw operating income shrink 28.8 %. Game development revenue fell 21.2 % to ¥136,808 million with a 58.2 % decline in operating income. Investment development and other businesses posted modest sales increases but limited profitability.

The company revised its FY2023 earnings forecast, reflecting expectations of continued investment in media and advertising while acknowledging the impact of macro‑economic headwinds on operating performance.

FY2023 Consolidated Financial Results [Japanese GAAP] Listed company name: CyberAgent, Inc.(herein referred as the "Company") Listed stock exchange: TSE Prime Market Code No.: 4751 URL https://www.cyberagent.co.jp/en/ Representative: Representative Director CEO Susumu Fujita Inquiries: Senior Managing Executive Officer Go Nakayama ...

CyberAgent, Inc. reported FY2024 first‑quarter results (October 1–December 31 2023) under Japanese GAAP, showing a 15.2 % year‑on‑year increase in net sales to ¥193,075 million and a turnaround from an operating loss of ¥1,255 million in FY2023 to an operating income of ¥6,284 million. Ordinary income rose from a loss of ¥939 million to a profit of ¥6,478 million, while net income attributable to owners of parent improved from a loss of ¥5,002 million to ¥472 million. Net income attributable to non‑controlling interests also declined from ¥1,272 million to ¥278 million. The company’s equity ratio fell slightly from 30.2 % to 28.8 %, reflecting a ¥9,997 million drop in shareholders’ equity mainly due to retained‑earnings erosion from dividend payouts.

Segment analysis highlights that the Media Business, driven by ABEMA, generated ¥42,784 million in sales (27.8 % YoY) and narrowed its operating loss to ¥991 million from a prior‑year loss of ¥9,356 million. The Internet Advertisement Business posted ¥105,320 million in sales (10.1 % YoY) with operating income of ¥5,667 million. Game Business sales increased 10.1 % to ¥45,043 million but operating income fell 32.9 % to ¥3,495 million. Investment Development and Other Businesses recorded modest sales growth of 344 % and 31 %, respectively, with small operating profits.

Total assets declined by ¥9,144 million to ¥468,681 million, while total liabilities rose by ¥852 million to ¥246,767 million. Cash and deposits decreased due to tax and dividend payments, whereas accounts payable increased with higher sales. The company maintained its FY2024 full‑year forecast unchanged: net income of ¥750 million (≈¥15.80 per share) and operating income of ¥30,000 million (≈¥20.4 per share). No accounting policy changes or significant subsidiary adjustments were reported, and the company confirmed its going‑concern assumption.

CyberAgent, Inc. issued a partial correction to its FY2024 first‑quarter consolidated financial results under Japanese GAAP, released on January 31 2024. The correction addresses several numerical inaccuracies disclosed in a separate notice dated May 15 2025, but the company states that no substantive changes to financial statements or forecasts have been made. The corrected figures show a 15.1 % year‑on‑year increase in net sales to ¥192,655 million and an operating income of ¥5,864 million, reversing the prior‑year operating loss of ¥1,738 million. Ordinary income rose to ¥6,058 million from a loss of ¥1,421 million, and net income attributable to owners of the parent improved to a loss of ¥892 million versus a prior‑year loss of ¥5,391 million. Total assets declined to ¥464,799 million from ¥475,222 million, while equity fell to ¥218,032 million from ¥228,450 million, primarily due to dividend payments and retained‑earnings adjustments.

Segment analysis highlights that the Media Business, driven by ABEMA, grew net sales 27.7 % to ¥42,784 million but still recorded an operating loss of ¥991 million. The Internet Advertisement Business posted a 9.9 % sales increase to ¥104,900 million with operating income of ¥5,246 million. Game Business sales rose 10.1 % to ¥45,043 million but saw a 32.9 % decline in operating income. Investment Development and Other Businesses reported modest sales increases but maintained small operating profits.

The company’s FY2024 full‑year forecast remains unchanged: net sales of ¥750,000 million and net income of ¥30,000 million. No revisions to dividend forecasts were made. The correction does not affect audit status or forward‑looking statements, and the company confirms that its going‑concern assumption remains valid.