CyberAgent : FY2026 Third Quarter Consolidated Financial Results

About this update from Cyberagent Incorporated

Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. August 7, 2026 FY2026 Third Quarter Consolidated Financial Results [Japanese GAAP] Listed company name: CyberAgent, Inc. Listed stock exchange: TSE Prime Market Code Number: 4751 URL https://www.cyberagent.co.jp/en/ Representative: Takahiro Yamauchi, Representative Director, President Inquiries: Go Nakayama, Senior Managing Executive Officer Tel: +81-3-5459-0202 Dividend payment start date － Preparation of Supplementary Materials for Financial Results: Yes Holding the briefing of financial results: Yes (streaming only) (Amounts less than one million rounded down) Consolidated Financial Results (October 1, 2025 to June 30, 2026) Consolidated results of operations (cumulative) (% = Year on Year Change.) Net sales Operating income Ordinary income Net income attributable to owners of the parent Nine months ended ¥ million % ¥ million % ¥ million % ¥ million % June 30, 2026 709,272 12.2 67,449 38.2 69,182 42.3 36,035 49.5 June 30, 2025 631,993 5.8 48,798 40.1 48,631 35.6 24,103 63.7 Note: Nine months ended June 30, 2026 Comprehensive income: ¥42,422 million (37.8%) Nine months ended June 30, 2025 Comprehensive income: ¥30,775 million (55.2%) Basic earnings per share Diluted earnings per share Nine months ended ¥ ¥ June 30, 2026 71.07 67.10 June 30, 2025 47.59 44.88 Consolidated financial position Total assets Equity Shareholders' equity Shareholders' equity ratio As of ¥ million ¥ million ¥ million % June 30, 2026 551,172 297,897 204,990 37.2 September 30, 2025 557,162 275,681 179,992 32.3 Dividends Annual dividends 1Q 2Q 3Q Year end Total Fiscal year ended September 30, 2025 Fiscal year ended September 30, 2026 ¥ - - ¥ 0.00 0.00 ¥ - - ¥ 17.00 ¥ 17.00 Fiscal year ended September 30, 2026 (Forecast) 20.00 20.00 Note: Revisions to most recent dividend forecast: Yes Consolidated Forecasts (October 1, 2025 to September 30, 2026) (% = Year on Year Change.) Net sales Operating income Ordinary income Net income attributable to owners of the parent Basic earnings per share Full year ¥ million 950,000 % 8.7 ¥ million 77,000 % 7.4 ¥ million 78,000 % 8.7 ¥ million 41,000 % 29.5 ¥ 80.85 Note: Revisions to most recent forecast: Yes *Notes (1) Significant changes in the scope of consolidation during the period: New: - companies( None ) Excluded: - companies( ) Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements: None Changes in accounting policies, changes in accounting estimates, and restatement Changes in accounting policies due to revisions to accounting standards and other regulations: None Changes in accounting policies due to other reasons: None Changes in accounting estimates: None Restatement: None Number of issued shares (common stock) Total number of issued shares at the end of the period (including treasury shares) As of June 30, 2026 507,105,370 shares As of September 30, 2025 506,779,600 shares Number of treasury shares at the end of the period As of June 30, 2026 1,108 shares As of September 30, 2025 1,107 shares Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year) Nine months ended June 30, 2026 506,991,569 shares Nine months ended June 30, 2025 506,446,861 shares *Audit of quarterly consolidated financial statements attached: None *Appropriate Use of Earnings Forecast and Other Matters The forecast of performance is based on our expectations and assumptions as of the date the forecast was made. Our actual results could differ materially from those listed in this forecast because of various risks and uncertainties. For information related to the forecast indicated above, please refer to "1. Results of Operations (3) Explanation of Forecast of Consolidated Financial Results and Other Forward-Looking Information" on page 2. Table of Contents Results of Operations 2 Overview of Results of Operations during the Period 2 Overview of Financial Position during the Period 2 Explanation of Forecast of Consolidated Financial Results and Other Forward-Looking Information 2 Quarterly Consolidated Financial Statements and Primary Notes 3 Quarterly Consolidated Balance Sheets 3 Quarterly Consolidated Statements of Income and Comprehensive Income 4 Notes to Consolidated Interim Financial Statements 6 (Notes Regarding Segment Information) 6 (Notes Regarding Significant Changes in Shareholders' Equity) 7 (Notes Regarding the Going Concern Assumption) 7 (Notes Regarding Statements of Cash Flows) 7 Results of Operations Overview of Results of Operations during the Period The CyberAgent Group is expanding its business around "ABEMA", a new TV of the future launched in 2016. Recently, the IP business centered on a multimedia franchise strategy has been growing rapidly in Japan and worldwide. For this reason, the group is also working to strengthen its IP business, which has a high affinity with "ABEMA". For the nine months ended June 30, 2026, the group's three core businesses-the Media & IP Business, Internet Advertisement Business, and Game Business-recorded higher revenue. As a result, net sales totaled ¥709,272 million (an increase of 12.2% year on year), operating income amounted to ¥67,449 million (an increase of 38.2% year on year), ordinary income amounted to ¥69,182 million (an increase of 42.3% year on year), and profit attributable to owners of the parent amounted to ¥36,035 million (an increase of 49.5% year on year). Earnings by business segments are discussed below. Media & IP Business The Media & IP Business, which includes "ABEMA", "WINTICKET", the Anime & IP Division, Cypic, Inc., and others, has strongly built up revenue in a layered manner. Net sales totaled ¥183,931 million (an increase of 8.9% year on year). Operating income increased significantly to ¥13,178 million (an increase of 88.0% year on year), driven by AbemaTV, Inc. Internet Advertisement Business The Internet Advertisement Business includes the Internet Advertisement Division, the AI Division, and others. For the nine months ended June 30, 2026, net sales totaled ¥363,687 million (an increase of 4.9% year on year), while operating income amounted to ¥15,425 million (a decrease of 1.7% year on year). However, net sales have continued to maintain a high year-on-year growth rate since the previous quarter. Game Business The Game Business includes Cygames, Inc., Applibot, Inc., QualiArts, Inc., Colorful Palette Inc., and Sumzap, Inc., and others. For the nine months ended June 30, 2026, net sales totaled ¥193,391 million (an increase of 37.8% year on year), driven mainly by the strong performance of flagship titles and the global success of casual games. Operating income amounted to ¥50,923 million (an increase of 44.8% year on year), resulting in significant increases in both sales and profit. Investment Development Business The Investment Development Business consists of the CyberAgent corporate venture capital business and the fund operations of CyberAgent Capital, Inc. Net sales totaled ¥243 million (a decrease of 83.0% year on year), and operating loss amounted to ¥1,648 million (compared to an operating loss of ¥860 million in the same period of the previous year). Overview of Financial Position during the Period (Financial position) As of June 30, 2026, total assets decreased by ¥5,989 million compared to the end of the previous fiscal year and amounted to ¥551,172 million. It is mainly due to a decrease in cash and deposits resulting from payments of corporate taxes and dividends, among other factors. Total liabilities decreased by ¥28,206 million compared to the end of the previous fiscal year and amounted to ¥253,275 million. It is mainly due to a decrease in income tax payable resulting from income tax payment. Equity increased by ¥22,216 million compared to the end of the previous fiscal year and amounted to ¥297,897 million. It is mainly due to an increase in retained earnings owing to the recording of net income attributable to owners of the parent. Explanation of Forecast of Consolidated Financial Results and Other Forward-Looking Information The forecast for FY2026 has been revised from its original publication on November 14, 2025. For details, please refer to the "Notice on Revisions to Earnings and Dividend Forecast" released today (August 7, 2026). Quarterly Consolidated Financial Statements and Primary Notes Quarterly Consolidated Balance Sheets As of September 30, 2025 (Millions of yen) As of June 30, 2026 Assets Current assets Cash and deposits 229,849 212,081 Notes and accounts receivable - trade, and contract assets 88,514 87,818 Inventories 10,304 10,354 Operational investment securities 16,339 15,093 Other 45,300 49,559 Allowance for doubtful accounts (93) (814) Total current assets 390,215 374,093 Non-current assets Property, plant and equipment 32,595 39,847 Intangible assets Goodwill 13,894 13,852 Other 42,869 50,046 Total intangible assets 56,763 63,898 Investments and other assets Other 78,420 73,757 Allowance for doubtful accounts (871) (456) Total investments and other assets 77,549 73,301 Total non-current assets 166,908 177,047 Deferred assets 38 31 Total assets 557,162 551,172 Liabilities Current liabilities Accounts payable - trade 81,747 76,010 Income taxes payable 20,797 7,737 Short-term borrowings 600 2,003 Other 74,646 61,308 Total current liabilities 177,791 147,059 Non-current liabilities Convertible-bond-type bonds with share acquisition rights 40,353 40,239 Long-term borrowings 52,418 54,616 Provision for continuous services benefits 3,734 4,027 Asset retirement obligations 2,668 2,859 Other 4,514 4,471 Total non-current liabilities 103,689 106,215 Total liabilities 281,481 253,275 Equity Shareholders' equity Share capital 7,654 7,720 Capital surplus 12,372 13,568 Retained earnings 146,260 173,615 Treasury shares (1) (1) Total shareholders' equity 166,285 194,902 Accumulated other comprehensive income Valuation difference on available-for-sale securities 13,551 9,818 Foreign currency translation adjustments 155 269 Total accumulated other comprehensive income 13,707 10,088 Share acquisition rights 3,760 4,012 Non-controlling interests 91,927 88,895 Total Equity 275,681 297,897 Total liabilities and equity 557,162 551,172 Quarterly Consolidated Statements of Income and Comprehensive Income Quarterly Consolidated Statements of Income (Millions of yen) Share of profit of entities accounted for using equity method - 72 Share of loss of entities accounted for using equity method 146 - For the nine months ended June 30, 2025 For the nine months ended June 30, 2026 Cost of sales 448,687 489,186 Selling, general and administrative expenses 134,507 152,636 Non-operating income Dividend income 471 477 Foreign exchange gains - 965 Total non-operating income 1,181 2,506 Interest expenses 312 370 Other 889 402 Ordinary income 48,631 69,182 Gain on sale of non-current assets 1,703 4 Other 532 9 Extraordinary losses Other 243 1,094 Profit before income taxes 46,756 66,863 Income taxes-deferred 1,172 1,920 Profit 30,015 46,007 Impairment losses 3,892 1,318 Total extraordinary income 2,260 93 Non-operating expenses Other 422 479 Interest income 287 512 Operating income 48,798 67,449 Gross profit 183,306 220,086 Net sales 631,993 709,272 Profit attributable to non-controlling interests 5,912 9,972 Total income taxes 16,741 20,855 Income taxes-current 15,569 18,935 Total extraordinary losses 4,135 2,412 Gain on sale of businesses 24 80 Extraordinary income Total non-operating expenses 1,348 773 Profit attributable to owners of the parent 24,103 36,035 Quarterly Consolidated Statements of Comprehensive Income For the nine months ended June 30, 2025 (Millions of yen) For the nine months ended June 30, 2026 Profit 30,015 46,007 Other comprehensive income Valuation difference on available-for-sale 846 (3,700) Foreign currency translation adjustment (121) 90 Share of other comprehensive income of entities 34 24 Total other comprehensive income 759 (3,585) Comprehensive income 30,775 42,422 (Comprehensive income attributable to) Comprehensive income attributable to owners of 24,848 32,416 Comprehensive income attributable to 5,926 10,006 securities accounted for using equity method parent non-controlling interests Notes to Consolidated Interim Financial Statements (Note Regarding Segment Information) Nine months ended June 30, 2025 (October 1, 2024 to June 30, 2025) Sales and Income (Loss) by Reportable Segment (Unit: ¥ million) Reportable Segment Reconcili ations* Consolidated Interim Statements of Income Media & IP Business Internet Advertise ment Business Game Business Investment Development Business Total Net sales Revenue from contracts with customers** 158,807 331,672 140,078 1,435 631,993 - 631,993 Sales to external customers Inter-segment sales or transfers 158,807 10,106 331,672 15,075 140,078 285 1,435 0 631,993 25,467 - (25,467) 631,993 - Total 168,913 346,748 140,364 1,435 657,461 (25,467) 631,993 Segment income (loss) 7,008 15,697 35,162 (860) 57,007 (8,209) 48,798 * Reconciliations of -¥8,209 million represent corporate general and administrative expenses not allocable to a reportable segment. **The amount of revenue other than "Revenue from contracts with customers" is insignificant. The Company does not report it separately from "Revenue from contracts with customers". Matters related to impairment loss of non-current assets, goodwill and other information in Reportable Segment (Significant impairment loss of non-current assets) In the Media & IP business, Internet Advertisement business, and Game business segments, the Company posted an extraordinary loss as an impairment loss due to the lack of expected revenues and cost reduction resulting from the decline in profitability and discontinuation of some services. The amount of impairment loss for the nine months ended June 30, 2025 is as follows. (Unit: ¥ million) Media & IP 4 Internet Advertisement 373 Game 3,514 Total 3,892 Nine months ended June 30, 2026 (October 1, 2025 to June 30, 2026) Sales and Income (Loss) by Reportable Segment (Unit: ¥ million) Reportable Segment Reconcili ations* Consolidated Interim Statements of Income Media & IP Business Internet Advertise ment Business Game Business Investment Development Business Total Net sales Revenue from contracts with customers** 171,098 344,892 193,038 243 709,272 - 709,272 Sales to external customers Inter-segment sales or transfers 171,098 12,832 344,892 18,795 193,038 352 243 - 709,272 31,980 - (31,980) 709,272 - Total 183,931 363,687 193,391 243 741,253 (31,980) 709,272 Segment income (loss) 13,178 15,425 50,923 (1,648) 77,878 (10,428) 67,449 * Reconciliations of -¥10,428 million represent corporate general and administrative expenses not allocable to a reportable segment. **The amount of revenue other than "Revenue from contracts with customers" is insignificant. The Company does not report it separately from "Revenue from contracts with customers". Matters related to impairment loss of non-current assets, goodwill and other information in Reportable Segment (Significant impairment loss of non-current assets) In the Media & IP business, Internet Advertisement business, and Game business segments, as well as corporate assets not attributable to any reportable segment, the Company posted an extraordinary loss as an impairment loss due to the lack of expected revenues and cost reduction resulting from the decline in profitability and discontinuation of some services. The amount of impairment loss for the nine months ended June 30, 2026 is as follows. (Unit: ¥ million) Media & IP 383 Internet Advertisement 214 Game 720 Corporate assets 0 Total 1,318 (Notes Regarding Significant Changes in Shareholders' Equity) No applicable items. (Notes Regarding the Going Concern Assumption) No applicable items. (Notes Regarding Statements of Cash Flows) The consolidated statements of cash flows for the nine months ended June 30, 2026 have not been prepared. Depreciation (including amortization of intangible assets excluding goodwill) and amortization of goodwill during the cumulative consolidated for the nine months ended June 30, 2026 is as follows. (Unit: ¥ million) For the nine months ended June 30, 2025 For the nine months ended June 30, 2026 Depreciation 6,209 8,580 Amortization of goodwill 641 637

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