CyberAgent, Inc. (CYAGF) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

We would like to begin CyberAgent's FY2026 first quarter earnings briefing session. This session is being streamed. With respect to the content we will be sharing today, please refer to the disclaimer included within the presentation material. President Yamauchi will take you through our results. My name is Yamauchi. I have become the new president in December. From this session onwards, I will be sharing our results with you. Overall, we've done well in Q1, and FY2026 is off to a solid start. Sales has increased by 14%, And the OP has increased 2.8 fold year on year. Although we have made proper investments in media and IP, we have increased profits and this business has started to contribute to our results. We have seen significant increases in the game business profit thanks to the performance of existing titles as well as global business. With respect to advertising, in the third quarter of FY 2025, we saw one large client leave. And this will have impact on each quarter for one year. However, the situation has begun to improve in the recent months. We believe we will be able to get back on to our growth trajectory next quarter and see strong growth from the third quarter of this fiscal year. Our first quarter tends to be weaker, but we have seen powerful growth this year. For the first quarter, we have seen record high results. We also booked record high OP for Q1 this fiscal year. With such a great Q1, our fiscal year looks bright. SG&A expenses follow the typical year-on-year trend. Here are the trends in the number of employees. We will welcome 377 new graduates in April. Here is a P&L. And this is our balance sheet. We would like to move on to the FY2026 forecast. As Fujita explained during the previous earnings briefing, the results for the game business is...