Cyberagent ( (CYAGF) ) has realeased its Q4 earnings. Here is a breakdown of the information Cyberagent presented to its investors.
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CyberAgent, Inc., a prominent player in the digital advertising and gaming industry, is known for its innovative approach and significant presence in the Japanese market through ventures like ABEMA, a next-generation television platform. In its latest fiscal year report, CyberAgent announced strong financial performance with net sales reaching ¥802,996 million, marking an 11.5% increase year-on-year. The company’s operating income saw a significant rise of 70.4% to ¥41,843 million, while net income attributable to owners of the parent soared by 204.7% to ¥16,246 million.
Key highlights of the report include substantial growth across its business segments. The Media Business, led by ABEMA, reported a 21.0% increase in net sales, reducing its operating loss significantly. The Internet Advertisement Business achieved a 7.6% rise in net sales, benefiting from advancements in AI, and the Game Business experienced a 9.4% increase in net sales driven by new and existing titles. Additionally, the Investment Development Business nearly doubled its net sales, though it faced a decrease in operating income.
Financially, CyberAgent strengthened its position with total assets increasing to ¥520,417 million, primarily due to a rise in cash and deposits. The company’s equity grew, supported by higher retained earnings, reflecting its robust profit generation. Cash flow from operating activities improved markedly, with a substantial inflow of ¥53,231 million, driven by increased net income gains.
Looking forward, CyberAgent is optimistic about continued growth, forecasting a further increase in net sales to ¥820 billion for the next fiscal year. The company anticipates that its Media Business will become profitable, and expects sustained growth in its Internet Advertisement and Game Businesses. CyberAgent remains committed to enhancing shareholder value through business expansion and efficient capital management, with plans to increase dividends in the upcoming year.
