CyberAgent, Inc. (CYAGF) Q3 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

We would like to begin Cyber Agents FY2026 Third Quarter Earnings Briefing. This earnings briefing is being streamed. With respect to the content we will share with you today, please refer to the disclaimer contained in the earnings briefing material. The President and CEO, Yamaguchi, will take us through the results. This is the President, Yamaguchi. I would like to take you through the FY2026 third quarter results. This quarter, we performed better than we anticipated. Thus, we are announcing an upward revision to our fiscal year forecast today. We have achieved multi-layered growth in the media and IP business, mainly driven by ABEMA, which celebrated its 10th anniversary in April this year. The advertising business has continued to book high revenue growth rate following the second quarter. And regarding the game business, casual games have become a global hit, and thus the sales has increased year on year. In terms of sales, we booked record high consolidated sales for the third quarter. This is the operating profit. The total OP over the last three quarters have increased year on year. No major changes to the SG&A expenses. We added 402 brand new in April, bringing our total number of employees to 8,878. This is our PL. And this is our balance sheet. Next, we would like to take you through the forecast. We have forecasted that our OP operating profit will decline year on year, but as of the end of the third quarter, we have for the first time seen a growth in profit. This is the achievement rate against the new forecast. We plan to increase the dividend payout forecast as a result of the upward revision to our forecast. Next, moving on to the media and IP business. Sales grew steadily. Abenba celebrated its 10th anniversary this April, and we proactively invest...