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CyberAgent, Inc. All Rights Reserved.
CyberAgent, Inc. All Rights Reserved. 0
1 Overview of Quarterly Consolidated Financial Results
Internet Advertisement Business
2
3
4
5
6
Overview of Full-year Consolidated Financial Results
7
Business Forecast for FY2016
Game Business
0 Table of Contents
8
Ameba Business (Former Segment)
Upfront Investment in FY2016
Outlook for FY2016
CyberAgent, Inc. All Rights Reserved. 1
Overview of Quarterly Consolidated Financial Results
(July 2015-September 2015)
1 Overview of Quarterly Consolidated Financial Results
CyberAgent, Inc. All Rights Reserved.
Game Business
Ad Business
2
Consolidated Financial Results
Ameba Business
Highlights (Jul. 2015 – Sep. 2015)
1 Overview of Quarterly Consolidated Financial Results
■Smartphone advertisement contributed to increase sales
Sales: 38.5 billion yen up 24.8% year-on-year
Operating profit: 2.7 billion yen up 28.2% year-on-year
Recorded high excluding temporary factors*
Sales: 69.2 billion yen up 19.9% year-on-year
Operating profit: 5.7 billion yen down 21.5% year-on-year
(Operating profit excluding incentives :9.2 billion yen)
■The Sales from browser games declined
Sales: 7.8 billion yen down 16.4% year-on-year
Operating profit: 0.5 billion yen down 63.6% year-on-year
■ and Dreams 100 became hits
Sales: 22.2 billion yen up 61.4 % year-on-year
Operating profit: 6.2 billion yen 2 X year-on-year
THE iDOLM@STER CINDERELLA GIRLS STARLIGHT STAGE ****
***
*The temporary factors here refer to Investment Development Business and earnings incentives. ** Each segment's operating income does not include investment development business/incentives. ***©BANDAI NAMCO Entertainment Inc . It was jointly developed and is operated by BANDAI NAMCO Entertainment Inc. and Cygames Inc. **** “100 Sleeping Princes and the Kingdom of Dreams” provided by GCREST Inc., our consolidated subsidiary.
CyberAgent, Inc. All Rights Reserved.
19.0 21.1 21.5 23.2 23.3 23.6 23.0 23.6
21.4 24.0 24.5 26.1
28.7 30.4 29.0 30.8 31.9
35.7 33.4
38.9
39.8
40.8 37.8
41.9
43.3
52.3 50.5
54.5
57.7
60.1
60.4
68.7
1.7 0.1 0.2
0.006 0.03 0.05 0.07 0.06
0.01
0.2 0.08 0.2
0.06 0.2
0.08 0.1
0.1
0.2
0.3
0.2 0.9 0.5
0.1
0.2 0.3
0.08 0.7
3.1
5.6 0.3 0.7
0.4
20.8 21.2 21.7 23.2 23.3 23.6 23.0 23.7
21.4
24.2 24.6 26.3
28.7 30.6
29.1 30.9
32.1
35.9 33.7
39.2 40.8 41.3
38.0
42.2 43.7
52.4 51.2
57.7
63.4
60.5 61.1
69.2
0.0
20.0
40.0
60.0
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015
Unit: b ill ion yen
Investm ent Developm ent Business Sales
Consolidated Sales (Exclud ing Investm ent Developm ent Business)
3
Quarterly Consolidated Sales
1 Overview of Quarterly Consolidated Financial Results
Record high results
*The temporary factors here refer to investment development business and earnings incentives.
CyberAgent, Inc. All Rights Reserved.
0.4
1.0 0.9 1.1
0.7
1.2 0.9
1.7 2.1
2.8
2.2 2.3
3.6
4.0
3.2
3.6
4.9
6.2
3.4 2.9
0.9
3.5
1.7
3.4
4.2
6.7
3.8
4.7
7.6
8.1
6.1
5.7
1.4 0.01
-0.2 -0.1 -0.07 -0.1 -0.03 -0.1 -0.06 -0.1 -0.06 -0.06 -0.06
0.05
-0.07 -0.1 -0.07 -0.07
0.02
-0.1
0.6
0.1
-0.05
0.02
0.05
-0.1
0.2
2.6
0.03
0.1
0.009
1.8
1.0 0.61.0
0.7
1.10.9
1.6
2.1
2.7
2.2 2.2
3.5
4.0
3.2
3.5
4.9
6.1
3.4
2.8
1.5
3.6
1.6
3.5
4.2
6.5
4.0
7.3
8.1
6.2
-0.5
4.5
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015
Unit: b ill ion yen
Investm ent Developm ent Business Operating Profit
Operating Profit (Exclud ing Investm ent Developm ent Business)
4
Quarterly Operating Profit 12.5
1 Overview of Quarterly Consolidated Financial Results
3.4
9.2
4.8 Marked a record high Temporary factors* are not considered
CyberAgent, Inc. All Rights Reserved.
3.0 3.0 3.2 3.1 3.3 3.3 3.7 3.5 3.7 4.0 3.9 3.6 3.7 3.6 3.8 3.8 3.9 4.3 4.6 4.6 4.6 5.0 5.3 5.1
0.5 0.4 0.3 0.4 0.4 0.4 0.4 0.5 0.5
0.6 0.6 0.7 0.8 0.8 0.8 0.8 0.9
0.9 0.9 1.0 1.0
1.0 1.1 1.2
0.3 0.3 0.3 0.40.5 0.5
0.5 0.70.8
1.1 1.2 1.7 1.7 1.7 1.5 1.5 1.01.2
1.2 1.3 1.31.2
1.2 1.3
0.07 0.08 0.07 0.07 0.08 0.07
0.07 0.08 0.08
0.09 0.09 0.1 0.09 0.1 0.1 0.1
0.1
0.1 0.09 0.09
0.1 0.1 0.1 0.1
1.1 1.4 1.2 1.41.3 1.4
1.51.8 1.6
1.92.4
2.42.5
2.2 2.3 2.32.4
2.42.4
2.42.9 2.8
2.93.4
0.7 0.6 1.4 1.0
1.2 1.2
1.7 1.4 1.2
1.7
1.8 2.1
4.3
2.4 2.9
1.7 2.2
2.8
3.5
1.9
2.6 3.1
3.6
4.0
0.8
1.0
0.5 0.7
2.0
3.4
5.8 6.0
6.6
7.57.0 7.2
8.0
9.1
8.1
9.5
10.2
11.5
13.3
11.0
11.611.1
10.7
11.8
13.0
13.5
12.7
13.4
14.4
18.8
0.0
5.0
10.0
15.0
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2010 FY2011 FY2012 FY2013 FY2014 FY2015
Un it: b ill ion yen
Earnings Incentives
Advertisem ent costs
Other
Am ortization of goodw il l
Sales related costs
Office costs
Personnel
5
Quarterly SG&A Expenses
1 Overview of Quarterly Consolidated Financial Results
3.49 billion yen of Earnings Incentives supplied
CyberAgent, Inc. All Rights Reserved.
231 236 282 298 295 306 392 421636
740926 936 954 948
1,081 1,039 1,001 977 1,018
638 624 630 682 667
597 581628 631 635 674
751 697
530526
604 621 637 635
711 717 772 807957
977 981 9851,098 1,121
110 120139 141 168
201
259 265291
329
439 474 473 437
490 510 543 567
642
688 703 737
822 865
526405
394 387 367359
349 341326
303
337331 328 336
348 358373 372
393
523 505 510
574582
12
1213 16 18
18
19 2022
23
2524 27 22
30 3033 32
34
34 33 33
33 35
75
7470 71 71
72
65 6270
72
9293 92 111
117 110103 107
121308 322 288
302296
1,551
1,4281,526 1,544 1,554
1,630
1,835 1,8061,875
1,993
2,4232,479 2,511 2,489
2,777 2,7642,825 2,862
3,165 3,168 3,168 3,183
3,5113,566
0
1,000
2,000
3,000
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2010 FY2011 FY2012 FY2013 FY2014 FY2015
Un it: Peop le
Headquarters
In vestm en t d evelopm ent
Med ia and Other
Gam e
In ternet Ad business
Am eba
6 * Consolidated company-wide divisions into Headquarters function beginning Q4, FY2014
** Does not include employees from (equity investments) BEENOS, Inc. (formerly netprice.com, Ltd.), VOYAGE GROUP, Inc., or FX Business
Quarterly Number of Employees
in Consolidated Companies
*
1 Overview of Quarterly Consolidated Financial Results
CyberAgent, Inc. All Rights Reserved. 7
Overview of Full-year Consolidated Financial Results
(October 2014-September 2015)
2 Overview of Full-year Consolidated Financial Results
CyberAgent, Inc. All Rights Reserved. 8
Highlights (Oct. 2014 – Sep. 2015)
①
②
③
2 Overview of Full-year Consolidated Financial Results
■Continued large sales and high profit growth
Sales: 142.1 billion yen up 24.8% year-on-year Operating profit: 11.5 billion yen up 26.3% year-on-year
Record high financial results
Sales: 254.3 billion yen up 23.9% year-on-year Operating profit: 32.7 billion yen up 47.4% year-on-year
■Successful structural reform and OP up 86% year-on-year Sales: 34.2 billion yen up 0.7% year-on-year Operating profit: 4.2 billion yen up 86.3% year-on-year
■Steady growth with increasing hit titles
Sales: 68.9 billion yen up 35.8% year-on-year Operating profit: 15.9 billion yen up 88.3% year-on-year
Game Business
Ad Business
Consolidated Financial Results
Ameba Business
CyberAgent, Inc. All Rights Reserved.
6.4
37.2
91.5
139.8
192.5
119.5
141.1
162.4
205.2
254.3
0
100
200
FY2011 FY2012 FY2013 FY2014 FY2015
9
Yearly Sales of Smartphone Business
Unit: billion yen
2 Overview of Full-year Consolidated Financial Results
In the past 5 years, 80% of our business
has shifted to smartphone business
CyberAgent, Inc. All Rights Reserved.
3.2 6.310.8
16.2
26.7
43.2
60.1
76.0
87.093.8 96.6
119.5
141.1
162.4
205.2
254.3
1.72.6
4.35.5
4.6 4.4
9.3
14.3
17.4
10.3
22.2
32.7
0.0
10.0
20.0
30.0
40.0
50.0
0.0
50.0
100.0
150.0
200.0
250.0
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015
Sales
Operating Profit
10
Yearly Consolidated Sales and Operating Profit
Unit: billion yen Unit: billion yen
2 Overview of Full-year Consolidated Financial Results
Operating profit increased 3 times
from upfront investment in 2013
-1.6 -0.1 -0.1 -0.2
Inve
stment
Perio
d
Investment
Period
CyberAgent, Inc. All Rights Reserved.
Un it: m i l l ion yen FY2015 FY2014 YoY Cha nge
Net sales 254,381 205,234 23.9%
Gross m argin 92,221 71,342 29.3%
SG&A expenses 59,473 49,122 21.1%
Operating profit 32,747 22,220 47.4%
Operating profit m argin 12.9% 10.8% +2.1points
Ord inary profit 32,314 22,188 45.6%
Extraord inary incom e 3,272 321 919.3%
Extraord inary loss 4,866 4,032 20.7%
Current net p retax profi t 30,719 18,477 66.3%
Current net profit 14,792 9,556 54.8%
P L (Full year)
11
2 Overview of Full-year Consolidated Financial Results
Operating profit margin 12.9%(up 2.1 points year-on-year)
CyberAgent, Inc. All Rights Reserved.
Un it: m i l l ion yen End of Septem ber 2015 End of Septem ber 2014 YoY Cha nge
Current assets 93,532 73,605 27.1%
Cash and deposits 38,723 31,446 23.1%
Fixed assets 37,656 26,939 39.8%
Total assets 131,188 100,545 30.5%
Current l iab i l i ties 52,013 36,329 43.2%
(Incom e tax payab le, other payab les) 10,605 4,604 130.3%
Long-term l iab i l i ties 1,472 1,040 41.5%
Net assets 77,702 63,175 23.0%
12
B S
2 Overview of Full-year Consolidated Financial Results
CyberAgent, Inc. All Rights Reserved. 13
Business Forecast for FY2016
(October 2015-September 2016)
Business Forecast for FY2016 3
CyberAgent, Inc. All Rights Reserved.
3.2 6.3 10.8 16.2
26.7
43.2
60.1
76.0 87.0
93.8 96.6
119.5
141.1
162.4
205.2
254.3
300.0
0
100.0
200.0
300.0
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016
Unit: billion yen
14
Yearly Consolidated Sales
17.9%
YoY
Business Forecast for FY2016 3
Consolidated sales 300 billion yen
(up 17.9% year-on-year)
(Forecast)
CyberAgent, Inc. All Rights Reserved. 15
Yearly Operating Profit
Business Forecast for FY2016 3
1.7 1.2 1.1 -1.4
3.6 4.8
9.6
14.5
17.6
9.6
19.4
27.7 28.0
1.4 3.2
6.9 1.0
-0.3 -0.3 -0.2 -0.2
0.6
2.7
4.9
-1.6 -0.1 -0.2 -0.1
1.7 2.6
4.3
5.5
4.6 4.4
9.3
14.3
17.4
10.3
22.2
32.7
28.0
-2.0
8.0
18.0
28.0
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016
Unit: billion yen
Investment Development Business Operating Profit
Operating Profit (Excluding Investment Development Business)
Consolidated operating profit 28 billion yen
(flat YonY excluding profit of investment Development Business)
(Forecast)
CyberAgent, Inc. All Rights Reserved.
Game Business
Game Business
Internet Ad Business
16
Ameba Business
Internet Ad Business
Media Business (Ameba)
Former Segment (FY2015)
New Segment (FY2016)
Game Media
Other Business
① ②
① Game section of Ameba Business to be integrated into Game Business
② New business (such as video content & 755) to be integrated into Media Business (Ameba)
Media and Other Business
New Media Business
Existing Business
Business Forecast for FY2016
*Media and Other Business means CA MOBILE, LTD., Wedding Park, LTD., etc.
*
3
Investment Develop Business
Investment Develop Business
*
CyberAgent, Inc. All Rights Reserved.
3.3B 3.0B
12.3B 14.0B
18.7B20.0B
- 3.6B
- 9.0B- 3.5B
0.4B
FY2015 FY2016
Gam eGam e
In ternet Ad In ternet Ad
Med ia(Am eba)
In ssen tives
Med ia and Other
Upfront
In vestm en t
Med ia(Am eba)
Investm ent Up fron t
17
Business Forecast for FY2016
¥37.0B
¥-9.0B ¥-7.1B
¥34.8B
FY2015
¥32.7B
0
FY2016
¥28.0B
3
Outlook on Consolidated Operating Profit
*The term ended Sep. 2015 is traced back in conjunction with the new segment in the term ending Sep. 2016. Some of the minor internal transactions are not considered. **Adjustments such as whole company expenses of the term ended Sep. 2015 are included in upfront investment. ***Adjustments such as media and other business, investment development business, whole company expenses, etc. for term ending Sep. 2016 are compensated and omitted.
Increase both Internet Ad and Game Businesses , upfront invest in Ameba Business
¥
¥
¥
¥
¥
¥ ¥
¥
¥
CyberAgent, Inc. All Rights Reserved.
0.2 0.30.5 0.6
0.40.6
1.4
2.2 2.2 2.1
2.4
3.1 3.1
1412
9 10
7
10
22
35 35 35
40
50 50
0
10
20
30
40
50
60
0.0
1.0
2.0
3.0
FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016E
Total am ount of d ividend and d ividend per share
Unit: yen Expected dividend per share Dividend amount Payout ratio
FY2016 Expected dividend ¥50 ¥3.1B 22.4%
FY2015 Dividend amount ¥50 ¥3.1B 21.2%
FY2014 Dividend amount ¥40 ¥2.4B 26.1%
18 *FY2015 Dividend amount: The commemorative dividend (20 yen) is not included.
Payout ratio 22.3% Expected Dividend
Total Dividend Unit: billion yen
Dividend per Share Unit: yen
*
**As for the dividend amount for the term ended Sep. 2015, the bill for profit appropriation will be discussed at the annual meeting of shareholders on Dec. 11, 2015.
Business Forecast for FY2016 3
**
CyberAgent, Inc. All Rights Reserved. 19
Internet Advertisement Business
Internet Advertisement Business 4
CyberAgent, Inc. All Rights Reserved.
52.9
66.570.6
83.2
113.8
142.1
0.0
50.0
100.0
150.0
FY2010 FY2011 FY2012 FY2013 FY2014 FY2015
2.88
4.06
6.88
8.39
9.12
11.53
0.00
5.00
10.00
FY2010 FY2011 FY2012 FY2013 FY2014 FY2015
20
Yearly Sales Yearly Operating Profit
Unit: billion yen Unit: billion yen
Internet Advertisement Business
24.8%
YonY
4
Up 24.8% year-on-year Up 26.3% year-on-year
CyberAgent, Inc. All Rights Reserved.
4.1% 7.7%
8.1%
12.1%
16.8%
9.1%
19.9%
39.3%
0.0%
10.0%
20.0%
30.0%
40.0%
2011 2012 2013 2014
インターネット市場(全体)
CA インターネット広告事業売上高
21
Internet Advertisement Business 4 Growth rate of internet advertisement
Increase our Internet Ad market share
with growth rate exceeding market growth
*Source: DENTSU INC. “Advertisement Expenditure in Japan 2011” “Advertisement Expenditure in Japan 2012“ “Advertisement Expenditure in Japan 2013” “Advertisement Expenditure in Japan 2014”
Market growth rate
of Internet Ads
CyberAgent, Inc. All Rights Reserved.
0.1 0.4 0.82.0 2.9 3.5 3.7
5.67.0
8.1 8.310.5 11.5
15.1
16.4
18.9
20.7
21.7
22.7
25.8
9.611.2 11.3 11.8
12.913.6 12.2
12.012.1
12.8 12.1
12.511.9
12.0 11.2
12.012.5
14.4 11.8
11.7
12.1
13.1 12.4
12.7
1.6
2.1 2.3 2.4
2.9 3.4
2.8 2.7 1.7
1.4 1.1
0.7 0.6
0.4 0.3
0.2
0.3
0.3
0.2
0.1
0.2
0.1 0.08
0.05
11.3
13.4 13.714.3
16.0
17.5
16.016.8 16.8
17.817.0
18.919.6
20.719.9
22.8
24.4
29.9
28.5
30.9
33.1
34.9 35.3
38.5
0.0
10.0
20.0
30.0
40.0
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2010 FY2011 FY2012 FY2013 FY2014 FY2015
Feature Phone
PC
Sm artphone
22
Quarterly Sales
Unit: billion yen
Internet Advertisement Business 4
Sales: 38.5 billion yen(up 24.8% YonY)
Smartphone Ad contributed to the increase in sales by 36.5% YonY
CyberAgent, Inc. All Rights Reserved.
0.25
0.48 0.50
0.37
0.46
0.81 0.83
1.54
0.00
1.00
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2014 FY2015
0.971.08
1.37
1.93
2.69
3.13
3.48
5.80
0.00
3.00
6.00
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2014 FY2015
23
Internet Advertisement Business 4
Focused Sectors Performing strongly by following current trends
■ Sales of infeed ads (3 times year-on-year) * ■ Sales of video ads (4.1 times year-on-year) **
*Infeed ads: Ads published on websites, timeline of applications, etc. Advertising method used in SNS, curation, news media, etc. **Video content ads: Ads viewable in such as YouTube, LINE videos and digital signage displays.
Unit: billion yen Unit: billion yen
CyberAgent, Inc. All Rights Reserved.
0.48
0.940.80
1.021.13
1.20
0.85
1.36 1.34
1.94
1.49
2.172.10
2.17
1.75
2.47
2.07
3.02
2.302.18
2.88
3.78
2.89
2.79
4.2%
7.0% 5.8%7.1% 7.0% 6.9%
5.4%
8.1% 8.0%
10.9%8.8%
11.4%10.7% 10.5%
8.8%
10.8%8.5%
10.1%8.1% 7.1%
8.7%
10.8%8.2%
7.2%
0.0%
10.0%
20.0%
30.0%
40.0%
0.0
2.0
4.0
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2010 FY2011 FY2012 FY2013 FY2014 FY2015
Operating Profit
Operating Profit Margin
24
Quarterly Operating Profit
Unit: billion yen
Internet Advertisement Business 4
Operating profit: 2.79 billion yen (up 28.2% year-on-year)
*The operating profit of Internet Advertisement Business does not include earnings incentives. **The operating profit rate was calculated without including earnings incentives.
CyberAgent, Inc. All Rights Reserved. 25
Internet Advertisement Business 4
Strong operation
Economy of scale & First-mover advantage
Competent in Smartphone Ads
①
②
③
Competitive Advantages
CyberAgent, Inc. All Rights Reserved. 26
5
Game Business
Game Business
CyberAgent, Inc. All Rights Reserved.
0.25
4.20
8.26 8.47
15.96
0.0
10.0
FY2010 FY2011 FY2012 FY2013 FY2014 FY2015
3.7
7.1
29.2
47.9
50.7
68.9
0.0
30.0
60.0
FY2010 FY2011 FY2012 FY2013 FY2014 FY2015
27
Game Business
Unit: billion yen Unit: billion yen
-0.03
5
Up 35.8% year-on-year Up 88.3% year-on-year
Yearly Sales Yearly Operating Profit
CyberAgent, Inc. All Rights Reserved.
0.01 0.1 0.2 0.5 1.0 1.0 1.2 2.1
3.5 5.1 5.6
6.7 7.6
8.7
9.5 12.9
0.2 1.9
2.6
4.6 4.9 5.6 5.1
5.1
4.7
4.8 4.7
5.0
5.1
5.4
5.7
7.8
0.02
0.04
0.6
2.0
2.82.8
2.51.8
1.6
1.6 1.1
0.80.4
0.4
0.3
0.3
0.6 0.8 0.8 1.4 1.6 1.7 1.71.8
3.0
4.24.0
4.4
3.9 3.1
2.3 1.91.4
1.3 1.0
1.11.0
1.0
1.0
1.1
0.6 0.8 0.81.4 1.7 1.7 1.7 1.8
3.3
6.47.7
11.7
12.7 12.7
11.3 11.1 11.4
12.912.6
13.714.3
15.5
16.7
22.2
0.0
5.0
10.0
15.0
20.0
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2010 FY2011 FY2012 FY2013 FY2014 FY2015
Other
Overseas b row ser, n ative gam es
Japan b row ser gam es
Japan native gam es
28
*
Unit: billion yen
Quarterly Sales
Game Business 5
Sales: 22.2 billion yen (up 61.4% year-on-year)
*Other sales: games for PC, feature phones, etc.
Significant sales growth in native games,
Granblue Farasy contributed to the gwowth of browser games.
CyberAgent, Inc. All Rights Reserved. 29
Quarterly Operating Profit
Unit: billion yen
Game Business
*: The operating profit of Game Business does not include earnings incentives.
5
-0.04
0.05
-0.13
0.15 0.29 0.19
-0.01 -0.12
0.62
1.94
1.06 0.81 0.91
2.11
2.80 2.69
2.05 2.30
1.47
2.99
3.50 3.62
3.48
6.26
-0.4
1.6
3.6
5.6
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2010 FY2011 FY2012 FY2013 FY2014 FY2015
Operating profit: 6.26 billion yen (2 times year-on-year)
CyberAgent, Inc. All Rights Reserved.
THE iDOLM@STER CINDERELLA GIRLS STARLIGHT STAGE & Dreams 100 appeared in the Sales Ranking
1
51
9月3月9月3月9月
100
30
1
30
10
DQMSL**
***
NEW
NEW
50
Game Business 5
Sales Ranking
Sengoku Enbu
-KIZNA-
GRANBLUE
FANTASY
Jorker
~Gang Road~
Dreams 100 ***
THE iDOLM@STER CINDERELLA GIRLS STARLIGHT STAGE*
**** “Sales ranking” calculates the App Store top sales ranking from AppDB. Monthly avg. values in ranking is used.
*©BANDAI NAMCO Entertainment Inc. It was jointly developed and is operated by ©BANDAI NAMCO Entertainment Inc. and Cygames Inc.
**DQMSL:”DRAGON QUEST MONSTERS SUPER LIGHT” © 2014,2015 ARMOR PROJECT/BIRD STUDIO/SQUARE ENIX All Rights Reserved. Developed by Cygames, Inc.
***Dreams 100: 100 Sleeping Princes and the Kingdom of Dreams”
*
****
Transition of Sales Ranking
CyberAgent, Inc. All Rights Reserved.
FY2013 FY2014 FY2015
31
Game Business 5
mixi, Inc.
GungHo Online Entertainment, Inc.
COLOPL, Inc.
gumi Inc.
enish, Inc.
KLab Inc.
Ateam Inc.
CROOZ, Inc.
Drecom Co., Ltd.
CAVE Interactive CO., LTD.
Foundation performing strongly Comparison of Sales in Game Business
*Mentioned based on the reference materials for the briefing session for account settlement of each company
CyberAgent, Inc. All Rights Reserved. 32
Strong operation
High game hit rate of Cygames
Horizontal expansion of knowledge within the Group ③
②
①
Game Business 5
Competitive Advantages
*Cygames, Inc.: a consolidated subsidiary established in May, 2011
*
CyberAgent, Inc. All Rights Reserved. 33
Ameba Business (Former Segment) 6
Ameba Business (Former Segment)
CyberAgent, Inc. All Rights Reserved.
7.8
17.2
23.824.8
34.034.2
0.0
15.0
30.0
FY2010 FY2011 FY2012 FY2013 FY2014 FY2015
1.71
5.78
3.41
-7.82
2.28
4.25
-8.0
-4.0
0.0
4.0
FY2010 FY2011 FY2012 FY2013 FY2014 FY2015
34
Unit: billion yen Unit: billion yen
6
Up 86.3% year-on-year Up 0.7% year-on-year
Ameba Business (Former Segment)
Yearly Sales Yearly Operating Profit
CyberAgent, Inc. All Rights Reserved.
1.0 1.1 1.11.4
1.7 1.7 1.82.1 2.0 2.0 2.0 2.1
1.4 1.4 1.51.8 1.9
2.3 2.12.7 2.8 2.7 2.5 2.60.5
0.6 0.8
1.1
1.72.2
2.5
3.13.7
4.13.7
3.8
3.94.5 4.5
5.5 5.3
6.7
6.2
6.56.6
6.1
5.4 5.1
1.51.8
1.9
2.5
3.4
4.0
4.3
5.3
5.8
6.1
5.76.0
5.4
5.9 6.1
7.3 7.2
9.0
8.3
9.39.5
8.8
7.9 7.8
0.0
3.0
6.0
9.0
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2010 FY2011 FY2012 FY2013 FY2014 FY2015
Fees
Advertising, Other
35
Quarterly Sales
Unit: billion yen
6
Sales: 7.8 billion yen (down 16.4% year-on-year)
Put brakes on decreasing sales trend
Ameba Business (Former Segment)
CyberAgent, Inc. All Rights Reserved. 36
7
Upfront Investment in FY2016
Upfront Investment in FY2016
CyberAgent, Inc. All Rights Reserved. 37
画像取り寄せ中
New Business
● Live broadcasting video platform
● Basically free of charge (Monthly charges may be imposed according to channels)
● Stylish design, Simple user interface
“AmebaFRESH!”
Upfront Investment in FY2016 7
CyberAgent, Inc. All Rights Reserved.
● Free TV programs viewed via
smartphones
● Advertisement model
(Time shift and recording function are paid options)
● User can watch it in a passive manner
38
画像取り寄せ中
Upfront Investment in FY2016 7
AbemaTV, Inc. is our consolidated subsidiary established on April 16, 2015 by a joint contribution with TV Asahi Corporation.
“AbemaTV”
New Business
CyberAgent, Inc. All Rights Reserved. 39
8 Outlook for FY2016
Outlook for FY2016
CyberAgent, Inc. All Rights Reserved. 40
事業への転換
8
Operating Profit by Business (Image)
Make profits from Internet Ad and Game Businesses
Outlook for FY2016
Media Business
(Ameba)
Investment in blogs
Entry to
video content business
to invest in Media Business, and
Shift to
smartphone business
aiming to grow it as a new pillar for
mid-to-long-term.
CyberAgent, Inc. All Rights Reserved. 41
8 Outlook for FY2016
Game Business
Ad Business Stable performance continuing
Media Business
(Ameba) Upfront investment intensified
Grow Media Business as a core pillar for mid-to-long-term
Foundation in good condition and strong performance expected this Fiscal Year
CyberAgent, Inc. All Rights Reserved. 42
PL (Quarter)
*References
Unit: million yen Jul-Sep 2015 Jul-Sep 2014 YoY Change Apr-Jun 2015 QoQ Change
Net sales 69,265 57,781 19.9% 61,154 13.3%
Gross margin 24,641 20,895 17.9% 20,679 19.2%
SG&A expenses 18,878 13,549 39.3% 14,425 30.9%
Operating profit 5,763 7,345 -21.5% 6,254 -7.9%
Operating profit margin 8.3% 12.7% -4.4points 10.2% -1.9points
Ordinary profit 5,038 7,370 -31.6% 6,256 -19.5%
Extraordinary income 3,069 2 153350.0% 2 153350.0%
Extraordinary loss 1,761 900 95.7% 613 187.3%
Current net pretax profit 6,346 6,472 -1.9% 5,645 12.4%
Current net profit 2,504 3,734 -32.9% 2,417 3.6%
CyberAgent, Inc. All Rights Reserved. 43
*References
BS
Unit: million yen End of Sep 2015 End of Sep 2014 YoY Change End of Jun 2015 QoQ Change
Current assets 93,532 73,605 27.1% 77,600 20.5%
Cash deposits 38,723 31,446 23.1% 30,713 26.1%
Fixed assets 37,656 26,939 39.8% 38,507 -2.2%
Total assets 131,188 100,545 30.5% 116,108 13.0%
Current liabilities 52,013 36,329 43.2% 38,734 34.3%
(Income tax payable) 10,605 4,604 130.3% 6,063 74.9%
Fixed liabilities 1,472 1,040 41.5% 1,280 15.0%
Net assets 77,702 63,175 23.0% 76,092 2.1%