for new investors...2020/04/28 · results overview (fy2020 2q) 3. fy2020 forecast (october 2019 -...
TRANSCRIPT
ENGLISH
Presentation Materialfor New Investors
October 28 2020
[Forward-looking statement]
The future information such as earnings forecast written in this document is based on our expectations and assumptions as of the date the forecast was made Our actual results could differ materially from those described in this forecast because of various risks and uncertainties
1
1 What is CyberAgent
2 Results Overview (FY2020)
3 FY2021 Forecast
4 Internet Advertisement Business
5 Game Business
6 Media Business
7 FY2021
8 Dividend and Management Index
9 References
0 Table of Contents
2
Governance
Quarterly Results (July ndash September 2020)
What is CyberAgent
1 What is CyberAgent
3
MSCI Japan Index
FTSE All-World index
JPX-Nikkei Index 400
1998 サイバーエージェント設立2000 東証マザーズに上場
201320142015
2017
2018
2019
2020
[History]
Listed on the TSE Mothers market
Listed on the 1st Section of the TSEESG indexes
that GPIF selected
Founding of CyberAgent Inc
CyberAgent is added to Nikkei 225 in October 2018 being part of 8 indexes in total including ESG indexes
MSCI Japan Empowering Women Index
SampP Japan 500ESG Index
Included inNikkei 225 ESG index
1 What is CyberAgent
4
Japan New Economy Index
Nikkei Stock Index 300
[Representative Director]
5
President (founder)
Susumu Fujita (owns 195 shares)
1998 Founded CyberAgent Inc
2000
2016
2017
2020
He also serves as
General Producer of ldquoABEMArdquo a hybrid entertainment of TV and video which has been the main focus in our business
Won ldquoZaikai Management Awardrdquo announced by the publisher of the business magazine Zaikai
Ranked third in the ldquoBEST CEOsrdquo in Gaming Internet amp Software sector of The 2020 All-Japan Executive Team
made the company listed on TSE Mothers at the youngest age in history
Vice Representative Director Japan Association of New Economy (current post)
1 What is CyberAgent
As of March 31 2020 As of December 2000 The ranking is announced by the US financial magazine Institutional Investor
Media Ad Game
Three pillars of businesses that focus on the internet industry
6
Client
Internet Media
Ad Agencies
Distribution
Order Performance Report
TVampVIDEO ENTERTAINMENT
Blog service
Dating service
ldquoGRANBLUE FANTASYrdquo
ldquoPRINCESS CONNECT ReDiverdquo
1 What is CyberAgent
ldquoShadowverseldquo
ldquoGRANBLUE FANTASYrdquo ldquoPRINCESS CONNECT ReDiverdquo ldquoShadowverseldquo copy Cygames Inc
7Top App Publishers Ranking 2020 Top 52 Publishers (based on combined iOS App Store and Google Play revenue) provided by mobile market data provider ldquoApp Annierdquo AWA CoLtd Equity method affiliate that operates music streaming service Shareholding structure 485 CyberAgent Inc 485 avex digital Co Ltd 3 UNIVERSAL MUSIC LLC
位 位
[Top App Publishers Ranking by Revenue]
CyberAgent ranked second in Japan and 21st in the world
WorldJapan
1 What is CyberAgent
[Operating Profit (Image)]
Accumulate profit through the Ad Business andGame Business invest in the Media Businessto grow as a pillar for the medium to long-term
8
1 What is CyberAgent
Results Overview(FY2020)
9
2 Results Overview
Game
Media
Ad
Sales 4785 billion yen UP 55 YoY
OP 338 billion yen UP 99 YoY
FY2020
A 226 increase year over year driven by services such as Pay-Per-View of ABEMA Sales 570 billion yen UP 226 YoY
OP -182 billion yen
Sales 2693 billion yen UP 50 YoY
OP 210 billion yen UP 73 YoY
Maintained year over year growth despite declining ad demand due to COVID-19
Successful new game titles contributed to sales and OP increaseSales 1558 billion yen UP 24 YoY
OP 303 billion yen UP 165 YoY
10
Achieved the FY2020 forecast even though COVID-19 impacted the ad business
2 Results Overview
32 63 108 162 267
432 601
760 870 938 966
1195 1411
1624
2052
2543
3106
3713
4195
4536
4785
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020
4785 billion yen (up 55 YoY)Marked a new record high despite the impact of COVID-19
billion yen
[Consolidated Sales]
11
2 Results Overview
-16 -01 -02 -01
1726
4355
46 44
93
143
174
103
222
327
367
307 301308
338
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020
338 billion yen (up 99 YoY)FY2020 Forecast 28-30 billion yen Exceeded the upper end of the forecast
[Consolidated OP]
12
2 Results Overview
billion yen
596 660 767 798 804
15391778
1900 1883 1871
1253
1346
1453 16121826267
406
503608
605
297
336
350
370374
19
17
15
1113
3971
4543
4988
52825493
FY2016 FY2017 FY2018 FY2019 FY2020
Investment Development
Headquarters
Other
Game
Internet Ad
Media
215275 308 330 316
253
320 291 272 29953
65 78 85 87
53
48 50 5163
154
213
270 285287
31
14
761
922
9981024
1067
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Advertisement costs
Personnel
A special incentive of 14 billion yen was paid
[SGampA Expenses]
5493 employees
billion yen headcount
[No of Employees]
13
2 Results Overview
Segment reclassification in FY2020 The change is applied from FY2019 retrospectivelyOther Outsourcing expenses RampD expenses entertainment expenses etc
Unit million yen FY2020 FY2019 YoY
Net Sales 478566 453611 55
Gross profit 140648 133300 55
SGampA expenses 106768 102474 42
Operating profit 33880 30825 99
OPM 71 68 03pt
Ordinary profit 33863 30493 111
Extraordinary income 88 1912 -954
Extraordinary loss 5749 12985 -557
Income before income taxes and non-controlling interests
28202 19420 452
Net profit 6608 1694 2899
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc
[PL]
14
2 Results Overview
Unit million yen End of Sept 2020 End of Sept 2019 YoY
Current assets 203674 168662 208
Cash deposits 102368 84565 211
Fixed assets 57047 56172 16
Total assets 260766 224876 160
Current liabilities 87867 70749 242
（Income tax payable） 9458 7014 348
Fixed liabilities 45220 43774 33
Shareholders equity 78466 74015 60
Net assets 127678 110352 157
[BS]
15
2 Results Overview
We maintain a strong financial position
16
FY2021Forecast
October 2020 - September 2021
3 FY2021 Forecast
32 63 108 162267
432601
760870 938 966
1195
1411
1624
2052
2543
3106
3713
4195
4536
4785
5000
-16 -01 -02 -01
17 2643
55 46 44
93
143174
103
222
327
367
307 301 308
338
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021E
Sales
OP
350
Sales 500 billion yen（up 45 YoY）
OP 30~35 billion yen (down 115~up 33 YoY)
Continue up-front investment in ABEMA
billion yen
Invest in blog service
Invest in Smartphone
business
17
300
3 FY2021 Forecast
Unit billion yen FY2020
Minimum Maximum Minimum Maximum
Net Sales 4785
Operating profit 30 35 338 -115 33
Ordinary profit 30 35 338 -114 34
Net profit 8 10 66 211 513
Dividend 37 yen 34 yen
FY2021Forecast
YoY
500 45
88
18
[Business Forecast]
[Dividend Forecast] Expected based on DOE of 5 set as the management index
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc
Dividend of FY2020 (34 yen) We plan to discuss a surplus disposal plan at the annual General meeting of Shareholders to be held in December 2020
3 FY2021 Forecast
Internet Advertisement
19
4 Internet Advertisement Business
20898 20705 2058419768
17848 18105 1812818770 19023
19564 19323 19657 19478 1912318612
10377
4547
1675
1260
37774826
60036983 7069
7747 80628680
938110519
1159413100
15094
17589
21048
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
[Variation in Ad Cost by Media]
05 year over year NIKKEI Advertising Research Institute Forecast for Advertising Expenditure in FY2020（Revised in July 2020）
Internet
TV
Newspapers
Magazines
Radio
Unit billion yen
20
Digital ad spending totaled two trillion yen and surpassed TV ads in 2019
4 Internet Advertisement Business
Variation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
The scale of the market in 2020 is estimated to increase by 05 year over year due to the spread of COVID-19
2012 2013 2014 2015 2016 2017 2018 2019
Growth transition Growth rate based on setting 2012 as ldquo100rdquoVariation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
InternetAd Market
[Market Comparison]
Sales growth outpaces market growth
21
4 Internet Advertisement Business
100
1750
2078
2406
2566
2693
FY2016 FY2017 FY2018 FY2019 FY202022
[Full Year Sales] [Full Year OP]
billion yen
4 Internet Advertisement Business
Increased 50 YoY despite declining ad demand due to COVID-19
A 73 increase YoYOPM 78
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
1513
1812
2084
1963
2107
86 87 8777 78
FY2016 FY2017 FY2018 FY2019 FY2020
OPOPM
billion yen
405436 430
478 486
525510
556576
614 602 613 622
666643 633
673
727
643 649
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
4 Internet Advertisement Business
[Quarterly Sales] Q4 649 billion yen (up 25 YoY)
Sales have bottomed out in Q3 (up 001 YoY) and are on a recovery trend
23
Billion yen
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
358
442
370
427458
513
396
444
552
637
469
424 423
543
504491
566
672
474 452
88 101 8689 94 98
78 8096 104
78 69 6882 78 78 84
9274 70
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
OP
OP Margin
Billion yen
4 Internet Advertisement Business
[Quarterly OP] OP was 45 billion yen OPM 70
Quarterly OP and OPM Special incentives in FY2016 and FY2020 are excluded24
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
Over 500 accounts As of August 18 2020 AI SCORE Sample
極予測AI ldquoKIWAMI Prediction AIrdquo
25
4 Internet Advertisement Business
[Competitive Advantage] Economies of scale and AI are our advantages of ad operations capability
26
Virtual Production Studio ldquoLED STUDIOtraderdquo
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting installed at Kamuro-zaka Studio where CyberAgent own (As of October 2020）
4 Internet Advertisement Business
[Competitive Advantage] We utilize the most advanced technology such as 3DCG in the creative production process
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting
ldquoLED STUDIOTMrdquo will allow you to shoot in the high definition CG space
[Competitive Advantage]
Scale advantage
Operation capability to realizehigh advertising effectiveness
Cutting-edge technology using AI and other technologies
1
2
327
4 Internet Advertisement Business
Game
28
5 Game Business
48
261
560
895925 945
1029
10851138
1192
2011 2012 2013 2014 2015 2016 2017 2018 2019E 2020E
[Japanrsquos Smartphone Game Market]The market slightly increased year over year around 1 trillion yen
Japanrsquos Smartphone Game Market Yano Research Institute Ltd Market trend and business analysis of smartphone game market 2019-2020Game Market by Country Newzoo 2020 Global Games Market Reaport
Japan has the third largest game market[Game Market by Country]
Rank Country Revenue
1 China 408
2UnitedStates
369
3 Japan 186
4 South Korea 65
5 Germany 59
Unitbillion USD
Unitbillion yen
29
5 Game Business
[Forward-looking statement]
The future information such as earnings forecast written in this document is based on our expectations and assumptions as of the date the forecast was made Our actual results could differ materially from those described in this forecast because of various risks and uncertainties
1
1 What is CyberAgent
2 Results Overview (FY2020)
3 FY2021 Forecast
4 Internet Advertisement Business
5 Game Business
6 Media Business
7 FY2021
8 Dividend and Management Index
9 References
0 Table of Contents
2
Governance
Quarterly Results (July ndash September 2020)
What is CyberAgent
1 What is CyberAgent
3
MSCI Japan Index
FTSE All-World index
JPX-Nikkei Index 400
1998 サイバーエージェント設立2000 東証マザーズに上場
201320142015
2017
2018
2019
2020
[History]
Listed on the TSE Mothers market
Listed on the 1st Section of the TSEESG indexes
that GPIF selected
Founding of CyberAgent Inc
CyberAgent is added to Nikkei 225 in October 2018 being part of 8 indexes in total including ESG indexes
MSCI Japan Empowering Women Index
SampP Japan 500ESG Index
Included inNikkei 225 ESG index
1 What is CyberAgent
4
Japan New Economy Index
Nikkei Stock Index 300
[Representative Director]
5
President (founder)
Susumu Fujita (owns 195 shares)
1998 Founded CyberAgent Inc
2000
2016
2017
2020
He also serves as
General Producer of ldquoABEMArdquo a hybrid entertainment of TV and video which has been the main focus in our business
Won ldquoZaikai Management Awardrdquo announced by the publisher of the business magazine Zaikai
Ranked third in the ldquoBEST CEOsrdquo in Gaming Internet amp Software sector of The 2020 All-Japan Executive Team
made the company listed on TSE Mothers at the youngest age in history
Vice Representative Director Japan Association of New Economy (current post)
1 What is CyberAgent
As of March 31 2020 As of December 2000 The ranking is announced by the US financial magazine Institutional Investor
Media Ad Game
Three pillars of businesses that focus on the internet industry
6
Client
Internet Media
Ad Agencies
Distribution
Order Performance Report
TVampVIDEO ENTERTAINMENT
Blog service
Dating service
ldquoGRANBLUE FANTASYrdquo
ldquoPRINCESS CONNECT ReDiverdquo
1 What is CyberAgent
ldquoShadowverseldquo
ldquoGRANBLUE FANTASYrdquo ldquoPRINCESS CONNECT ReDiverdquo ldquoShadowverseldquo copy Cygames Inc
7Top App Publishers Ranking 2020 Top 52 Publishers (based on combined iOS App Store and Google Play revenue) provided by mobile market data provider ldquoApp Annierdquo AWA CoLtd Equity method affiliate that operates music streaming service Shareholding structure 485 CyberAgent Inc 485 avex digital Co Ltd 3 UNIVERSAL MUSIC LLC
位 位
[Top App Publishers Ranking by Revenue]
CyberAgent ranked second in Japan and 21st in the world
WorldJapan
1 What is CyberAgent
[Operating Profit (Image)]
Accumulate profit through the Ad Business andGame Business invest in the Media Businessto grow as a pillar for the medium to long-term
8
1 What is CyberAgent
Results Overview(FY2020)
9
2 Results Overview
Game
Media
Ad
Sales 4785 billion yen UP 55 YoY
OP 338 billion yen UP 99 YoY
FY2020
A 226 increase year over year driven by services such as Pay-Per-View of ABEMA Sales 570 billion yen UP 226 YoY
OP -182 billion yen
Sales 2693 billion yen UP 50 YoY
OP 210 billion yen UP 73 YoY
Maintained year over year growth despite declining ad demand due to COVID-19
Successful new game titles contributed to sales and OP increaseSales 1558 billion yen UP 24 YoY
OP 303 billion yen UP 165 YoY
10
Achieved the FY2020 forecast even though COVID-19 impacted the ad business
2 Results Overview
32 63 108 162 267
432 601
760 870 938 966
1195 1411
1624
2052
2543
3106
3713
4195
4536
4785
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020
4785 billion yen (up 55 YoY)Marked a new record high despite the impact of COVID-19
billion yen
[Consolidated Sales]
11
2 Results Overview
-16 -01 -02 -01
1726
4355
46 44
93
143
174
103
222
327
367
307 301308
338
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020
338 billion yen (up 99 YoY)FY2020 Forecast 28-30 billion yen Exceeded the upper end of the forecast
[Consolidated OP]
12
2 Results Overview
billion yen
596 660 767 798 804
15391778
1900 1883 1871
1253
1346
1453 16121826267
406
503608
605
297
336
350
370374
19
17
15
1113
3971
4543
4988
52825493
FY2016 FY2017 FY2018 FY2019 FY2020
Investment Development
Headquarters
Other
Game
Internet Ad
Media
215275 308 330 316
253
320 291 272 29953
65 78 85 87
53
48 50 5163
154
213
270 285287
31
14
761
922
9981024
1067
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Advertisement costs
Personnel
A special incentive of 14 billion yen was paid
[SGampA Expenses]
5493 employees
billion yen headcount
[No of Employees]
13
2 Results Overview
Segment reclassification in FY2020 The change is applied from FY2019 retrospectivelyOther Outsourcing expenses RampD expenses entertainment expenses etc
Unit million yen FY2020 FY2019 YoY
Net Sales 478566 453611 55
Gross profit 140648 133300 55
SGampA expenses 106768 102474 42
Operating profit 33880 30825 99
OPM 71 68 03pt
Ordinary profit 33863 30493 111
Extraordinary income 88 1912 -954
Extraordinary loss 5749 12985 -557
Income before income taxes and non-controlling interests
28202 19420 452
Net profit 6608 1694 2899
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc
[PL]
14
2 Results Overview
Unit million yen End of Sept 2020 End of Sept 2019 YoY
Current assets 203674 168662 208
Cash deposits 102368 84565 211
Fixed assets 57047 56172 16
Total assets 260766 224876 160
Current liabilities 87867 70749 242
（Income tax payable） 9458 7014 348
Fixed liabilities 45220 43774 33
Shareholders equity 78466 74015 60
Net assets 127678 110352 157
[BS]
15
2 Results Overview
We maintain a strong financial position
16
FY2021Forecast
October 2020 - September 2021
3 FY2021 Forecast
32 63 108 162267
432601
760870 938 966
1195
1411
1624
2052
2543
3106
3713
4195
4536
4785
5000
-16 -01 -02 -01
17 2643
55 46 44
93
143174
103
222
327
367
307 301 308
338
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021E
Sales
OP
350
Sales 500 billion yen（up 45 YoY）
OP 30~35 billion yen (down 115~up 33 YoY)
Continue up-front investment in ABEMA
billion yen
Invest in blog service
Invest in Smartphone
business
17
300
3 FY2021 Forecast
Unit billion yen FY2020
Minimum Maximum Minimum Maximum
Net Sales 4785
Operating profit 30 35 338 -115 33
Ordinary profit 30 35 338 -114 34
Net profit 8 10 66 211 513
Dividend 37 yen 34 yen
FY2021Forecast
YoY
500 45
88
18
[Business Forecast]
[Dividend Forecast] Expected based on DOE of 5 set as the management index
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc
Dividend of FY2020 (34 yen) We plan to discuss a surplus disposal plan at the annual General meeting of Shareholders to be held in December 2020
3 FY2021 Forecast
Internet Advertisement
19
4 Internet Advertisement Business
20898 20705 2058419768
17848 18105 1812818770 19023
19564 19323 19657 19478 1912318612
10377
4547
1675
1260
37774826
60036983 7069
7747 80628680
938110519
1159413100
15094
17589
21048
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
[Variation in Ad Cost by Media]
05 year over year NIKKEI Advertising Research Institute Forecast for Advertising Expenditure in FY2020（Revised in July 2020）
Internet
TV
Newspapers
Magazines
Radio
Unit billion yen
20
Digital ad spending totaled two trillion yen and surpassed TV ads in 2019
4 Internet Advertisement Business
Variation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
The scale of the market in 2020 is estimated to increase by 05 year over year due to the spread of COVID-19
2012 2013 2014 2015 2016 2017 2018 2019
Growth transition Growth rate based on setting 2012 as ldquo100rdquoVariation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
InternetAd Market
[Market Comparison]
Sales growth outpaces market growth
21
4 Internet Advertisement Business
100
1750
2078
2406
2566
2693
FY2016 FY2017 FY2018 FY2019 FY202022
[Full Year Sales] [Full Year OP]
billion yen
4 Internet Advertisement Business
Increased 50 YoY despite declining ad demand due to COVID-19
A 73 increase YoYOPM 78
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
1513
1812
2084
1963
2107
86 87 8777 78
FY2016 FY2017 FY2018 FY2019 FY2020
OPOPM
billion yen
405436 430
478 486
525510
556576
614 602 613 622
666643 633
673
727
643 649
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
4 Internet Advertisement Business
[Quarterly Sales] Q4 649 billion yen (up 25 YoY)
Sales have bottomed out in Q3 (up 001 YoY) and are on a recovery trend
23
Billion yen
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
358
442
370
427458
513
396
444
552
637
469
424 423
543
504491
566
672
474 452
88 101 8689 94 98
78 8096 104
78 69 6882 78 78 84
9274 70
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
OP
OP Margin
Billion yen
4 Internet Advertisement Business
[Quarterly OP] OP was 45 billion yen OPM 70
Quarterly OP and OPM Special incentives in FY2016 and FY2020 are excluded24
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
Over 500 accounts As of August 18 2020 AI SCORE Sample
極予測AI ldquoKIWAMI Prediction AIrdquo
25
4 Internet Advertisement Business
[Competitive Advantage] Economies of scale and AI are our advantages of ad operations capability
26
Virtual Production Studio ldquoLED STUDIOtraderdquo
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting installed at Kamuro-zaka Studio where CyberAgent own (As of October 2020）
4 Internet Advertisement Business
[Competitive Advantage] We utilize the most advanced technology such as 3DCG in the creative production process
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting
ldquoLED STUDIOTMrdquo will allow you to shoot in the high definition CG space
[Competitive Advantage]
Scale advantage
Operation capability to realizehigh advertising effectiveness
Cutting-edge technology using AI and other technologies
1
2
327
4 Internet Advertisement Business
Game
28
5 Game Business
48
261
560
895925 945
1029
10851138
1192
2011 2012 2013 2014 2015 2016 2017 2018 2019E 2020E
[Japanrsquos Smartphone Game Market]The market slightly increased year over year around 1 trillion yen
Japanrsquos Smartphone Game Market Yano Research Institute Ltd Market trend and business analysis of smartphone game market 2019-2020Game Market by Country Newzoo 2020 Global Games Market Reaport
Japan has the third largest game market[Game Market by Country]
Rank Country Revenue
1 China 408
2UnitedStates
369
3 Japan 186
4 South Korea 65
5 Germany 59
Unitbillion USD
Unitbillion yen
29
5 Game Business
1 What is CyberAgent
2 Results Overview (FY2020)
3 FY2021 Forecast
4 Internet Advertisement Business
5 Game Business
6 Media Business
7 FY2021
8 Dividend and Management Index
9 References
0 Table of Contents
2
Governance
Quarterly Results (July ndash September 2020)
What is CyberAgent
1 What is CyberAgent
3
MSCI Japan Index
FTSE All-World index
JPX-Nikkei Index 400
1998 サイバーエージェント設立2000 東証マザーズに上場
201320142015
2017
2018
2019
2020
[History]
Listed on the TSE Mothers market
Listed on the 1st Section of the TSEESG indexes
that GPIF selected
Founding of CyberAgent Inc
CyberAgent is added to Nikkei 225 in October 2018 being part of 8 indexes in total including ESG indexes
MSCI Japan Empowering Women Index
SampP Japan 500ESG Index
Included inNikkei 225 ESG index
1 What is CyberAgent
4
Japan New Economy Index
Nikkei Stock Index 300
[Representative Director]
5
President (founder)
Susumu Fujita (owns 195 shares)
1998 Founded CyberAgent Inc
2000
2016
2017
2020
He also serves as
General Producer of ldquoABEMArdquo a hybrid entertainment of TV and video which has been the main focus in our business
Won ldquoZaikai Management Awardrdquo announced by the publisher of the business magazine Zaikai
Ranked third in the ldquoBEST CEOsrdquo in Gaming Internet amp Software sector of The 2020 All-Japan Executive Team
made the company listed on TSE Mothers at the youngest age in history
Vice Representative Director Japan Association of New Economy (current post)
1 What is CyberAgent
As of March 31 2020 As of December 2000 The ranking is announced by the US financial magazine Institutional Investor
Media Ad Game
Three pillars of businesses that focus on the internet industry
6
Client
Internet Media
Ad Agencies
Distribution
Order Performance Report
TVampVIDEO ENTERTAINMENT
Blog service
Dating service
ldquoGRANBLUE FANTASYrdquo
ldquoPRINCESS CONNECT ReDiverdquo
1 What is CyberAgent
ldquoShadowverseldquo
ldquoGRANBLUE FANTASYrdquo ldquoPRINCESS CONNECT ReDiverdquo ldquoShadowverseldquo copy Cygames Inc
7Top App Publishers Ranking 2020 Top 52 Publishers (based on combined iOS App Store and Google Play revenue) provided by mobile market data provider ldquoApp Annierdquo AWA CoLtd Equity method affiliate that operates music streaming service Shareholding structure 485 CyberAgent Inc 485 avex digital Co Ltd 3 UNIVERSAL MUSIC LLC
位 位
[Top App Publishers Ranking by Revenue]
CyberAgent ranked second in Japan and 21st in the world
WorldJapan
1 What is CyberAgent
[Operating Profit (Image)]
Accumulate profit through the Ad Business andGame Business invest in the Media Businessto grow as a pillar for the medium to long-term
8
1 What is CyberAgent
Results Overview(FY2020)
9
2 Results Overview
Game
Media
Ad
Sales 4785 billion yen UP 55 YoY
OP 338 billion yen UP 99 YoY
FY2020
A 226 increase year over year driven by services such as Pay-Per-View of ABEMA Sales 570 billion yen UP 226 YoY
OP -182 billion yen
Sales 2693 billion yen UP 50 YoY
OP 210 billion yen UP 73 YoY
Maintained year over year growth despite declining ad demand due to COVID-19
Successful new game titles contributed to sales and OP increaseSales 1558 billion yen UP 24 YoY
OP 303 billion yen UP 165 YoY
10
Achieved the FY2020 forecast even though COVID-19 impacted the ad business
2 Results Overview
32 63 108 162 267
432 601
760 870 938 966
1195 1411
1624
2052
2543
3106
3713
4195
4536
4785
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020
4785 billion yen (up 55 YoY)Marked a new record high despite the impact of COVID-19
billion yen
[Consolidated Sales]
11
2 Results Overview
-16 -01 -02 -01
1726
4355
46 44
93
143
174
103
222
327
367
307 301308
338
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020
338 billion yen (up 99 YoY)FY2020 Forecast 28-30 billion yen Exceeded the upper end of the forecast
[Consolidated OP]
12
2 Results Overview
billion yen
596 660 767 798 804
15391778
1900 1883 1871
1253
1346
1453 16121826267
406
503608
605
297
336
350
370374
19
17
15
1113
3971
4543
4988
52825493
FY2016 FY2017 FY2018 FY2019 FY2020
Investment Development
Headquarters
Other
Game
Internet Ad
Media
215275 308 330 316
253
320 291 272 29953
65 78 85 87
53
48 50 5163
154
213
270 285287
31
14
761
922
9981024
1067
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Advertisement costs
Personnel
A special incentive of 14 billion yen was paid
[SGampA Expenses]
5493 employees
billion yen headcount
[No of Employees]
13
2 Results Overview
Segment reclassification in FY2020 The change is applied from FY2019 retrospectivelyOther Outsourcing expenses RampD expenses entertainment expenses etc
Unit million yen FY2020 FY2019 YoY
Net Sales 478566 453611 55
Gross profit 140648 133300 55
SGampA expenses 106768 102474 42
Operating profit 33880 30825 99
OPM 71 68 03pt
Ordinary profit 33863 30493 111
Extraordinary income 88 1912 -954
Extraordinary loss 5749 12985 -557
Income before income taxes and non-controlling interests
28202 19420 452
Net profit 6608 1694 2899
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc
[PL]
14
2 Results Overview
Unit million yen End of Sept 2020 End of Sept 2019 YoY
Current assets 203674 168662 208
Cash deposits 102368 84565 211
Fixed assets 57047 56172 16
Total assets 260766 224876 160
Current liabilities 87867 70749 242
（Income tax payable） 9458 7014 348
Fixed liabilities 45220 43774 33
Shareholders equity 78466 74015 60
Net assets 127678 110352 157
[BS]
15
2 Results Overview
We maintain a strong financial position
16
FY2021Forecast
October 2020 - September 2021
3 FY2021 Forecast
32 63 108 162267
432601
760870 938 966
1195
1411
1624
2052
2543
3106
3713
4195
4536
4785
5000
-16 -01 -02 -01
17 2643
55 46 44
93
143174
103
222
327
367
307 301 308
338
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021E
Sales
OP
350
Sales 500 billion yen（up 45 YoY）
OP 30~35 billion yen (down 115~up 33 YoY)
Continue up-front investment in ABEMA
billion yen
Invest in blog service
Invest in Smartphone
business
17
300
3 FY2021 Forecast
Unit billion yen FY2020
Minimum Maximum Minimum Maximum
Net Sales 4785
Operating profit 30 35 338 -115 33
Ordinary profit 30 35 338 -114 34
Net profit 8 10 66 211 513
Dividend 37 yen 34 yen
FY2021Forecast
YoY
500 45
88
18
[Business Forecast]
[Dividend Forecast] Expected based on DOE of 5 set as the management index
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc
Dividend of FY2020 (34 yen) We plan to discuss a surplus disposal plan at the annual General meeting of Shareholders to be held in December 2020
3 FY2021 Forecast
Internet Advertisement
19
4 Internet Advertisement Business
20898 20705 2058419768
17848 18105 1812818770 19023
19564 19323 19657 19478 1912318612
10377
4547
1675
1260
37774826
60036983 7069
7747 80628680
938110519
1159413100
15094
17589
21048
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
[Variation in Ad Cost by Media]
05 year over year NIKKEI Advertising Research Institute Forecast for Advertising Expenditure in FY2020（Revised in July 2020）
Internet
TV
Newspapers
Magazines
Radio
Unit billion yen
20
Digital ad spending totaled two trillion yen and surpassed TV ads in 2019
4 Internet Advertisement Business
Variation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
The scale of the market in 2020 is estimated to increase by 05 year over year due to the spread of COVID-19
2012 2013 2014 2015 2016 2017 2018 2019
Growth transition Growth rate based on setting 2012 as ldquo100rdquoVariation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
InternetAd Market
[Market Comparison]
Sales growth outpaces market growth
21
4 Internet Advertisement Business
100
1750
2078
2406
2566
2693
FY2016 FY2017 FY2018 FY2019 FY202022
[Full Year Sales] [Full Year OP]
billion yen
4 Internet Advertisement Business
Increased 50 YoY despite declining ad demand due to COVID-19
A 73 increase YoYOPM 78
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
1513
1812
2084
1963
2107
86 87 8777 78
FY2016 FY2017 FY2018 FY2019 FY2020
OPOPM
billion yen
405436 430
478 486
525510
556576
614 602 613 622
666643 633
673
727
643 649
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
4 Internet Advertisement Business
[Quarterly Sales] Q4 649 billion yen (up 25 YoY)
Sales have bottomed out in Q3 (up 001 YoY) and are on a recovery trend
23
Billion yen
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
358
442
370
427458
513
396
444
552
637
469
424 423
543
504491
566
672
474 452
88 101 8689 94 98
78 8096 104
78 69 6882 78 78 84
9274 70
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
OP
OP Margin
Billion yen
4 Internet Advertisement Business
[Quarterly OP] OP was 45 billion yen OPM 70
Quarterly OP and OPM Special incentives in FY2016 and FY2020 are excluded24
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
Over 500 accounts As of August 18 2020 AI SCORE Sample
極予測AI ldquoKIWAMI Prediction AIrdquo
25
4 Internet Advertisement Business
[Competitive Advantage] Economies of scale and AI are our advantages of ad operations capability
26
Virtual Production Studio ldquoLED STUDIOtraderdquo
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting installed at Kamuro-zaka Studio where CyberAgent own (As of October 2020）
4 Internet Advertisement Business
[Competitive Advantage] We utilize the most advanced technology such as 3DCG in the creative production process
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting
ldquoLED STUDIOTMrdquo will allow you to shoot in the high definition CG space
[Competitive Advantage]
Scale advantage
Operation capability to realizehigh advertising effectiveness
Cutting-edge technology using AI and other technologies
1
2
327
4 Internet Advertisement Business
Game
28
5 Game Business
48
261
560
895925 945
1029
10851138
1192
2011 2012 2013 2014 2015 2016 2017 2018 2019E 2020E
[Japanrsquos Smartphone Game Market]The market slightly increased year over year around 1 trillion yen
Japanrsquos Smartphone Game Market Yano Research Institute Ltd Market trend and business analysis of smartphone game market 2019-2020Game Market by Country Newzoo 2020 Global Games Market Reaport
Japan has the third largest game market[Game Market by Country]
Rank Country Revenue
1 China 408
2UnitedStates
369
3 Japan 186
4 South Korea 65
5 Germany 59
Unitbillion USD
Unitbillion yen
29
5 Game Business
What is CyberAgent
1 What is CyberAgent
3
MSCI Japan Index
FTSE All-World index
JPX-Nikkei Index 400
1998 サイバーエージェント設立2000 東証マザーズに上場
201320142015
2017
2018
2019
2020
[History]
Listed on the TSE Mothers market
Listed on the 1st Section of the TSEESG indexes
that GPIF selected
Founding of CyberAgent Inc
CyberAgent is added to Nikkei 225 in October 2018 being part of 8 indexes in total including ESG indexes
MSCI Japan Empowering Women Index
SampP Japan 500ESG Index
Included inNikkei 225 ESG index
1 What is CyberAgent
4
Japan New Economy Index
Nikkei Stock Index 300
[Representative Director]
5
President (founder)
Susumu Fujita (owns 195 shares)
1998 Founded CyberAgent Inc
2000
2016
2017
2020
He also serves as
General Producer of ldquoABEMArdquo a hybrid entertainment of TV and video which has been the main focus in our business
Won ldquoZaikai Management Awardrdquo announced by the publisher of the business magazine Zaikai
Ranked third in the ldquoBEST CEOsrdquo in Gaming Internet amp Software sector of The 2020 All-Japan Executive Team
made the company listed on TSE Mothers at the youngest age in history
Vice Representative Director Japan Association of New Economy (current post)
1 What is CyberAgent
As of March 31 2020 As of December 2000 The ranking is announced by the US financial magazine Institutional Investor
Media Ad Game
Three pillars of businesses that focus on the internet industry
6
Client
Internet Media
Ad Agencies
Distribution
Order Performance Report
TVampVIDEO ENTERTAINMENT
Blog service
Dating service
ldquoGRANBLUE FANTASYrdquo
ldquoPRINCESS CONNECT ReDiverdquo
1 What is CyberAgent
ldquoShadowverseldquo
ldquoGRANBLUE FANTASYrdquo ldquoPRINCESS CONNECT ReDiverdquo ldquoShadowverseldquo copy Cygames Inc
7Top App Publishers Ranking 2020 Top 52 Publishers (based on combined iOS App Store and Google Play revenue) provided by mobile market data provider ldquoApp Annierdquo AWA CoLtd Equity method affiliate that operates music streaming service Shareholding structure 485 CyberAgent Inc 485 avex digital Co Ltd 3 UNIVERSAL MUSIC LLC
位 位
[Top App Publishers Ranking by Revenue]
CyberAgent ranked second in Japan and 21st in the world
WorldJapan
1 What is CyberAgent
[Operating Profit (Image)]
Accumulate profit through the Ad Business andGame Business invest in the Media Businessto grow as a pillar for the medium to long-term
8
1 What is CyberAgent
Results Overview(FY2020)
9
2 Results Overview
Game
Media
Ad
Sales 4785 billion yen UP 55 YoY
OP 338 billion yen UP 99 YoY
FY2020
A 226 increase year over year driven by services such as Pay-Per-View of ABEMA Sales 570 billion yen UP 226 YoY
OP -182 billion yen
Sales 2693 billion yen UP 50 YoY
OP 210 billion yen UP 73 YoY
Maintained year over year growth despite declining ad demand due to COVID-19
Successful new game titles contributed to sales and OP increaseSales 1558 billion yen UP 24 YoY
OP 303 billion yen UP 165 YoY
10
Achieved the FY2020 forecast even though COVID-19 impacted the ad business
2 Results Overview
32 63 108 162 267
432 601
760 870 938 966
1195 1411
1624
2052
2543
3106
3713
4195
4536
4785
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020
4785 billion yen (up 55 YoY)Marked a new record high despite the impact of COVID-19
billion yen
[Consolidated Sales]
11
2 Results Overview
-16 -01 -02 -01
1726
4355
46 44
93
143
174
103
222
327
367
307 301308
338
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020
338 billion yen (up 99 YoY)FY2020 Forecast 28-30 billion yen Exceeded the upper end of the forecast
[Consolidated OP]
12
2 Results Overview
billion yen
596 660 767 798 804
15391778
1900 1883 1871
1253
1346
1453 16121826267
406
503608
605
297
336
350
370374
19
17
15
1113
3971
4543
4988
52825493
FY2016 FY2017 FY2018 FY2019 FY2020
Investment Development
Headquarters
Other
Game
Internet Ad
Media
215275 308 330 316
253
320 291 272 29953
65 78 85 87
53
48 50 5163
154
213
270 285287
31
14
761
922
9981024
1067
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Advertisement costs
Personnel
A special incentive of 14 billion yen was paid
[SGampA Expenses]
5493 employees
billion yen headcount
[No of Employees]
13
2 Results Overview
Segment reclassification in FY2020 The change is applied from FY2019 retrospectivelyOther Outsourcing expenses RampD expenses entertainment expenses etc
Unit million yen FY2020 FY2019 YoY
Net Sales 478566 453611 55
Gross profit 140648 133300 55
SGampA expenses 106768 102474 42
Operating profit 33880 30825 99
OPM 71 68 03pt
Ordinary profit 33863 30493 111
Extraordinary income 88 1912 -954
Extraordinary loss 5749 12985 -557
Income before income taxes and non-controlling interests
28202 19420 452
Net profit 6608 1694 2899
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc
[PL]
14
2 Results Overview
Unit million yen End of Sept 2020 End of Sept 2019 YoY
Current assets 203674 168662 208
Cash deposits 102368 84565 211
Fixed assets 57047 56172 16
Total assets 260766 224876 160
Current liabilities 87867 70749 242
（Income tax payable） 9458 7014 348
Fixed liabilities 45220 43774 33
Shareholders equity 78466 74015 60
Net assets 127678 110352 157
[BS]
15
2 Results Overview
We maintain a strong financial position
16
FY2021Forecast
October 2020 - September 2021
3 FY2021 Forecast
32 63 108 162267
432601
760870 938 966
1195
1411
1624
2052
2543
3106
3713
4195
4536
4785
5000
-16 -01 -02 -01
17 2643
55 46 44
93
143174
103
222
327
367
307 301 308
338
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021E
Sales
OP
350
Sales 500 billion yen（up 45 YoY）
OP 30~35 billion yen (down 115~up 33 YoY)
Continue up-front investment in ABEMA
billion yen
Invest in blog service
Invest in Smartphone
business
17
300
3 FY2021 Forecast
Unit billion yen FY2020
Minimum Maximum Minimum Maximum
Net Sales 4785
Operating profit 30 35 338 -115 33
Ordinary profit 30 35 338 -114 34
Net profit 8 10 66 211 513
Dividend 37 yen 34 yen
FY2021Forecast
YoY
500 45
88
18
[Business Forecast]
[Dividend Forecast] Expected based on DOE of 5 set as the management index
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc
Dividend of FY2020 (34 yen) We plan to discuss a surplus disposal plan at the annual General meeting of Shareholders to be held in December 2020
3 FY2021 Forecast
Internet Advertisement
19
4 Internet Advertisement Business
20898 20705 2058419768
17848 18105 1812818770 19023
19564 19323 19657 19478 1912318612
10377
4547
1675
1260
37774826
60036983 7069
7747 80628680
938110519
1159413100
15094
17589
21048
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
[Variation in Ad Cost by Media]
05 year over year NIKKEI Advertising Research Institute Forecast for Advertising Expenditure in FY2020（Revised in July 2020）
Internet
TV
Newspapers
Magazines
Radio
Unit billion yen
20
Digital ad spending totaled two trillion yen and surpassed TV ads in 2019
4 Internet Advertisement Business
Variation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
The scale of the market in 2020 is estimated to increase by 05 year over year due to the spread of COVID-19
2012 2013 2014 2015 2016 2017 2018 2019
Growth transition Growth rate based on setting 2012 as ldquo100rdquoVariation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
InternetAd Market
[Market Comparison]
Sales growth outpaces market growth
21
4 Internet Advertisement Business
100
1750
2078
2406
2566
2693
FY2016 FY2017 FY2018 FY2019 FY202022
[Full Year Sales] [Full Year OP]
billion yen
4 Internet Advertisement Business
Increased 50 YoY despite declining ad demand due to COVID-19
A 73 increase YoYOPM 78
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
1513
1812
2084
1963
2107
86 87 8777 78
FY2016 FY2017 FY2018 FY2019 FY2020
OPOPM
billion yen
405436 430
478 486
525510
556576
614 602 613 622
666643 633
673
727
643 649
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
4 Internet Advertisement Business
[Quarterly Sales] Q4 649 billion yen (up 25 YoY)
Sales have bottomed out in Q3 (up 001 YoY) and are on a recovery trend
23
Billion yen
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
358
442
370
427458
513
396
444
552
637
469
424 423
543
504491
566
672
474 452
88 101 8689 94 98
78 8096 104
78 69 6882 78 78 84
9274 70
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
OP
OP Margin
Billion yen
4 Internet Advertisement Business
[Quarterly OP] OP was 45 billion yen OPM 70
Quarterly OP and OPM Special incentives in FY2016 and FY2020 are excluded24
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
Over 500 accounts As of August 18 2020 AI SCORE Sample
極予測AI ldquoKIWAMI Prediction AIrdquo
25
4 Internet Advertisement Business
[Competitive Advantage] Economies of scale and AI are our advantages of ad operations capability
26
Virtual Production Studio ldquoLED STUDIOtraderdquo
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting installed at Kamuro-zaka Studio where CyberAgent own (As of October 2020）
4 Internet Advertisement Business
[Competitive Advantage] We utilize the most advanced technology such as 3DCG in the creative production process
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting
ldquoLED STUDIOTMrdquo will allow you to shoot in the high definition CG space
[Competitive Advantage]
Scale advantage
Operation capability to realizehigh advertising effectiveness
Cutting-edge technology using AI and other technologies
1
2
327
4 Internet Advertisement Business
Game
28
5 Game Business
48
261
560
895925 945
1029
10851138
1192
2011 2012 2013 2014 2015 2016 2017 2018 2019E 2020E
[Japanrsquos Smartphone Game Market]The market slightly increased year over year around 1 trillion yen
Japanrsquos Smartphone Game Market Yano Research Institute Ltd Market trend and business analysis of smartphone game market 2019-2020Game Market by Country Newzoo 2020 Global Games Market Reaport
Japan has the third largest game market[Game Market by Country]
Rank Country Revenue
1 China 408
2UnitedStates
369
3 Japan 186
4 South Korea 65
5 Germany 59
Unitbillion USD
Unitbillion yen
29
5 Game Business
MSCI Japan Index
FTSE All-World index
JPX-Nikkei Index 400
1998 サイバーエージェント設立2000 東証マザーズに上場
201320142015
2017
2018
2019
2020
[History]
Listed on the TSE Mothers market
Listed on the 1st Section of the TSEESG indexes
that GPIF selected
Founding of CyberAgent Inc
CyberAgent is added to Nikkei 225 in October 2018 being part of 8 indexes in total including ESG indexes
MSCI Japan Empowering Women Index
SampP Japan 500ESG Index
Included inNikkei 225 ESG index
1 What is CyberAgent
4
Japan New Economy Index
Nikkei Stock Index 300
[Representative Director]
5
President (founder)
Susumu Fujita (owns 195 shares)
1998 Founded CyberAgent Inc
2000
2016
2017
2020
He also serves as
General Producer of ldquoABEMArdquo a hybrid entertainment of TV and video which has been the main focus in our business
Won ldquoZaikai Management Awardrdquo announced by the publisher of the business magazine Zaikai
Ranked third in the ldquoBEST CEOsrdquo in Gaming Internet amp Software sector of The 2020 All-Japan Executive Team
made the company listed on TSE Mothers at the youngest age in history
Vice Representative Director Japan Association of New Economy (current post)
1 What is CyberAgent
As of March 31 2020 As of December 2000 The ranking is announced by the US financial magazine Institutional Investor
Media Ad Game
Three pillars of businesses that focus on the internet industry
6
Client
Internet Media
Ad Agencies
Distribution
Order Performance Report
TVampVIDEO ENTERTAINMENT
Blog service
Dating service
ldquoGRANBLUE FANTASYrdquo
ldquoPRINCESS CONNECT ReDiverdquo
1 What is CyberAgent
ldquoShadowverseldquo
ldquoGRANBLUE FANTASYrdquo ldquoPRINCESS CONNECT ReDiverdquo ldquoShadowverseldquo copy Cygames Inc
7Top App Publishers Ranking 2020 Top 52 Publishers (based on combined iOS App Store and Google Play revenue) provided by mobile market data provider ldquoApp Annierdquo AWA CoLtd Equity method affiliate that operates music streaming service Shareholding structure 485 CyberAgent Inc 485 avex digital Co Ltd 3 UNIVERSAL MUSIC LLC
位 位
[Top App Publishers Ranking by Revenue]
CyberAgent ranked second in Japan and 21st in the world
WorldJapan
1 What is CyberAgent
[Operating Profit (Image)]
Accumulate profit through the Ad Business andGame Business invest in the Media Businessto grow as a pillar for the medium to long-term
8
1 What is CyberAgent
Results Overview(FY2020)
9
2 Results Overview
Game
Media
Ad
Sales 4785 billion yen UP 55 YoY
OP 338 billion yen UP 99 YoY
FY2020
A 226 increase year over year driven by services such as Pay-Per-View of ABEMA Sales 570 billion yen UP 226 YoY
OP -182 billion yen
Sales 2693 billion yen UP 50 YoY
OP 210 billion yen UP 73 YoY
Maintained year over year growth despite declining ad demand due to COVID-19
Successful new game titles contributed to sales and OP increaseSales 1558 billion yen UP 24 YoY
OP 303 billion yen UP 165 YoY
10
Achieved the FY2020 forecast even though COVID-19 impacted the ad business
2 Results Overview
32 63 108 162 267
432 601
760 870 938 966
1195 1411
1624
2052
2543
3106
3713
4195
4536
4785
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020
4785 billion yen (up 55 YoY)Marked a new record high despite the impact of COVID-19
billion yen
[Consolidated Sales]
11
2 Results Overview
-16 -01 -02 -01
1726
4355
46 44
93
143
174
103
222
327
367
307 301308
338
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020
338 billion yen (up 99 YoY)FY2020 Forecast 28-30 billion yen Exceeded the upper end of the forecast
[Consolidated OP]
12
2 Results Overview
billion yen
596 660 767 798 804
15391778
1900 1883 1871
1253
1346
1453 16121826267
406
503608
605
297
336
350
370374
19
17
15
1113
3971
4543
4988
52825493
FY2016 FY2017 FY2018 FY2019 FY2020
Investment Development
Headquarters
Other
Game
Internet Ad
Media
215275 308 330 316
253
320 291 272 29953
65 78 85 87
53
48 50 5163
154
213
270 285287
31
14
761
922
9981024
1067
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Advertisement costs
Personnel
A special incentive of 14 billion yen was paid
[SGampA Expenses]
5493 employees
billion yen headcount
[No of Employees]
13
2 Results Overview
Segment reclassification in FY2020 The change is applied from FY2019 retrospectivelyOther Outsourcing expenses RampD expenses entertainment expenses etc
Unit million yen FY2020 FY2019 YoY
Net Sales 478566 453611 55
Gross profit 140648 133300 55
SGampA expenses 106768 102474 42
Operating profit 33880 30825 99
OPM 71 68 03pt
Ordinary profit 33863 30493 111
Extraordinary income 88 1912 -954
Extraordinary loss 5749 12985 -557
Income before income taxes and non-controlling interests
28202 19420 452
Net profit 6608 1694 2899
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc
[PL]
14
2 Results Overview
Unit million yen End of Sept 2020 End of Sept 2019 YoY
Current assets 203674 168662 208
Cash deposits 102368 84565 211
Fixed assets 57047 56172 16
Total assets 260766 224876 160
Current liabilities 87867 70749 242
（Income tax payable） 9458 7014 348
Fixed liabilities 45220 43774 33
Shareholders equity 78466 74015 60
Net assets 127678 110352 157
[BS]
15
2 Results Overview
We maintain a strong financial position
16
FY2021Forecast
October 2020 - September 2021
3 FY2021 Forecast
32 63 108 162267
432601
760870 938 966
1195
1411
1624
2052
2543
3106
3713
4195
4536
4785
5000
-16 -01 -02 -01
17 2643
55 46 44
93
143174
103
222
327
367
307 301 308
338
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021E
Sales
OP
350
Sales 500 billion yen（up 45 YoY）
OP 30~35 billion yen (down 115~up 33 YoY)
Continue up-front investment in ABEMA
billion yen
Invest in blog service
Invest in Smartphone
business
17
300
3 FY2021 Forecast
Unit billion yen FY2020
Minimum Maximum Minimum Maximum
Net Sales 4785
Operating profit 30 35 338 -115 33
Ordinary profit 30 35 338 -114 34
Net profit 8 10 66 211 513
Dividend 37 yen 34 yen
FY2021Forecast
YoY
500 45
88
18
[Business Forecast]
[Dividend Forecast] Expected based on DOE of 5 set as the management index
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc
Dividend of FY2020 (34 yen) We plan to discuss a surplus disposal plan at the annual General meeting of Shareholders to be held in December 2020
3 FY2021 Forecast
Internet Advertisement
19
4 Internet Advertisement Business
20898 20705 2058419768
17848 18105 1812818770 19023
19564 19323 19657 19478 1912318612
10377
4547
1675
1260
37774826
60036983 7069
7747 80628680
938110519
1159413100
15094
17589
21048
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
[Variation in Ad Cost by Media]
05 year over year NIKKEI Advertising Research Institute Forecast for Advertising Expenditure in FY2020（Revised in July 2020）
Internet
TV
Newspapers
Magazines
Radio
Unit billion yen
20
Digital ad spending totaled two trillion yen and surpassed TV ads in 2019
4 Internet Advertisement Business
Variation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
The scale of the market in 2020 is estimated to increase by 05 year over year due to the spread of COVID-19
2012 2013 2014 2015 2016 2017 2018 2019
Growth transition Growth rate based on setting 2012 as ldquo100rdquoVariation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
InternetAd Market
[Market Comparison]
Sales growth outpaces market growth
21
4 Internet Advertisement Business
100
1750
2078
2406
2566
2693
FY2016 FY2017 FY2018 FY2019 FY202022
[Full Year Sales] [Full Year OP]
billion yen
4 Internet Advertisement Business
Increased 50 YoY despite declining ad demand due to COVID-19
A 73 increase YoYOPM 78
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
1513
1812
2084
1963
2107
86 87 8777 78
FY2016 FY2017 FY2018 FY2019 FY2020
OPOPM
billion yen
405436 430
478 486
525510
556576
614 602 613 622
666643 633
673
727
643 649
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
4 Internet Advertisement Business
[Quarterly Sales] Q4 649 billion yen (up 25 YoY)
Sales have bottomed out in Q3 (up 001 YoY) and are on a recovery trend
23
Billion yen
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
358
442
370
427458
513
396
444
552
637
469
424 423
543
504491
566
672
474 452
88 101 8689 94 98
78 8096 104
78 69 6882 78 78 84
9274 70
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
OP
OP Margin
Billion yen
4 Internet Advertisement Business
[Quarterly OP] OP was 45 billion yen OPM 70
Quarterly OP and OPM Special incentives in FY2016 and FY2020 are excluded24
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
Over 500 accounts As of August 18 2020 AI SCORE Sample
極予測AI ldquoKIWAMI Prediction AIrdquo
25
4 Internet Advertisement Business
[Competitive Advantage] Economies of scale and AI are our advantages of ad operations capability
26
Virtual Production Studio ldquoLED STUDIOtraderdquo
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting installed at Kamuro-zaka Studio where CyberAgent own (As of October 2020）
4 Internet Advertisement Business
[Competitive Advantage] We utilize the most advanced technology such as 3DCG in the creative production process
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting
ldquoLED STUDIOTMrdquo will allow you to shoot in the high definition CG space
[Competitive Advantage]
Scale advantage
Operation capability to realizehigh advertising effectiveness
Cutting-edge technology using AI and other technologies
1
2
327
4 Internet Advertisement Business
Game
28
5 Game Business
48
261
560
895925 945
1029
10851138
1192
2011 2012 2013 2014 2015 2016 2017 2018 2019E 2020E
[Japanrsquos Smartphone Game Market]The market slightly increased year over year around 1 trillion yen
Japanrsquos Smartphone Game Market Yano Research Institute Ltd Market trend and business analysis of smartphone game market 2019-2020Game Market by Country Newzoo 2020 Global Games Market Reaport
Japan has the third largest game market[Game Market by Country]
Rank Country Revenue
1 China 408
2UnitedStates
369
3 Japan 186
4 South Korea 65
5 Germany 59
Unitbillion USD
Unitbillion yen
29
5 Game Business
[Representative Director]
5
President (founder)
Susumu Fujita (owns 195 shares)
1998 Founded CyberAgent Inc
2000
2016
2017
2020
He also serves as
General Producer of ldquoABEMArdquo a hybrid entertainment of TV and video which has been the main focus in our business
Won ldquoZaikai Management Awardrdquo announced by the publisher of the business magazine Zaikai
Ranked third in the ldquoBEST CEOsrdquo in Gaming Internet amp Software sector of The 2020 All-Japan Executive Team
made the company listed on TSE Mothers at the youngest age in history
Vice Representative Director Japan Association of New Economy (current post)
1 What is CyberAgent
As of March 31 2020 As of December 2000 The ranking is announced by the US financial magazine Institutional Investor
Media Ad Game
Three pillars of businesses that focus on the internet industry
6
Client
Internet Media
Ad Agencies
Distribution
Order Performance Report
TVampVIDEO ENTERTAINMENT
Blog service
Dating service
ldquoGRANBLUE FANTASYrdquo
ldquoPRINCESS CONNECT ReDiverdquo
1 What is CyberAgent
ldquoShadowverseldquo
ldquoGRANBLUE FANTASYrdquo ldquoPRINCESS CONNECT ReDiverdquo ldquoShadowverseldquo copy Cygames Inc
7Top App Publishers Ranking 2020 Top 52 Publishers (based on combined iOS App Store and Google Play revenue) provided by mobile market data provider ldquoApp Annierdquo AWA CoLtd Equity method affiliate that operates music streaming service Shareholding structure 485 CyberAgent Inc 485 avex digital Co Ltd 3 UNIVERSAL MUSIC LLC
位 位
[Top App Publishers Ranking by Revenue]
CyberAgent ranked second in Japan and 21st in the world
WorldJapan
1 What is CyberAgent
[Operating Profit (Image)]
Accumulate profit through the Ad Business andGame Business invest in the Media Businessto grow as a pillar for the medium to long-term
8
1 What is CyberAgent
Results Overview(FY2020)
9
2 Results Overview
Game
Media
Ad
Sales 4785 billion yen UP 55 YoY
OP 338 billion yen UP 99 YoY
FY2020
A 226 increase year over year driven by services such as Pay-Per-View of ABEMA Sales 570 billion yen UP 226 YoY
OP -182 billion yen
Sales 2693 billion yen UP 50 YoY
OP 210 billion yen UP 73 YoY
Maintained year over year growth despite declining ad demand due to COVID-19
Successful new game titles contributed to sales and OP increaseSales 1558 billion yen UP 24 YoY
OP 303 billion yen UP 165 YoY
10
Achieved the FY2020 forecast even though COVID-19 impacted the ad business
2 Results Overview
32 63 108 162 267
432 601
760 870 938 966
1195 1411
1624
2052
2543
3106
3713
4195
4536
4785
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020
4785 billion yen (up 55 YoY)Marked a new record high despite the impact of COVID-19
billion yen
[Consolidated Sales]
11
2 Results Overview
-16 -01 -02 -01
1726
4355
46 44
93
143
174
103
222
327
367
307 301308
338
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020
338 billion yen (up 99 YoY)FY2020 Forecast 28-30 billion yen Exceeded the upper end of the forecast
[Consolidated OP]
12
2 Results Overview
billion yen
596 660 767 798 804
15391778
1900 1883 1871
1253
1346
1453 16121826267
406
503608
605
297
336
350
370374
19
17
15
1113
3971
4543
4988
52825493
FY2016 FY2017 FY2018 FY2019 FY2020
Investment Development
Headquarters
Other
Game
Internet Ad
Media
215275 308 330 316
253
320 291 272 29953
65 78 85 87
53
48 50 5163
154
213
270 285287
31
14
761
922
9981024
1067
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Advertisement costs
Personnel
A special incentive of 14 billion yen was paid
[SGampA Expenses]
5493 employees
billion yen headcount
[No of Employees]
13
2 Results Overview
Segment reclassification in FY2020 The change is applied from FY2019 retrospectivelyOther Outsourcing expenses RampD expenses entertainment expenses etc
Unit million yen FY2020 FY2019 YoY
Net Sales 478566 453611 55
Gross profit 140648 133300 55
SGampA expenses 106768 102474 42
Operating profit 33880 30825 99
OPM 71 68 03pt
Ordinary profit 33863 30493 111
Extraordinary income 88 1912 -954
Extraordinary loss 5749 12985 -557
Income before income taxes and non-controlling interests
28202 19420 452
Net profit 6608 1694 2899
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc
[PL]
14
2 Results Overview
Unit million yen End of Sept 2020 End of Sept 2019 YoY
Current assets 203674 168662 208
Cash deposits 102368 84565 211
Fixed assets 57047 56172 16
Total assets 260766 224876 160
Current liabilities 87867 70749 242
（Income tax payable） 9458 7014 348
Fixed liabilities 45220 43774 33
Shareholders equity 78466 74015 60
Net assets 127678 110352 157
[BS]
15
2 Results Overview
We maintain a strong financial position
16
FY2021Forecast
October 2020 - September 2021
3 FY2021 Forecast
32 63 108 162267
432601
760870 938 966
1195
1411
1624
2052
2543
3106
3713
4195
4536
4785
5000
-16 -01 -02 -01
17 2643
55 46 44
93
143174
103
222
327
367
307 301 308
338
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021E
Sales
OP
350
Sales 500 billion yen（up 45 YoY）
OP 30~35 billion yen (down 115~up 33 YoY)
Continue up-front investment in ABEMA
billion yen
Invest in blog service
Invest in Smartphone
business
17
300
3 FY2021 Forecast
Unit billion yen FY2020
Minimum Maximum Minimum Maximum
Net Sales 4785
Operating profit 30 35 338 -115 33
Ordinary profit 30 35 338 -114 34
Net profit 8 10 66 211 513
Dividend 37 yen 34 yen
FY2021Forecast
YoY
500 45
88
18
[Business Forecast]
[Dividend Forecast] Expected based on DOE of 5 set as the management index
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc
Dividend of FY2020 (34 yen) We plan to discuss a surplus disposal plan at the annual General meeting of Shareholders to be held in December 2020
3 FY2021 Forecast
Internet Advertisement
19
4 Internet Advertisement Business
20898 20705 2058419768
17848 18105 1812818770 19023
19564 19323 19657 19478 1912318612
10377
4547
1675
1260
37774826
60036983 7069
7747 80628680
938110519
1159413100
15094
17589
21048
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
[Variation in Ad Cost by Media]
05 year over year NIKKEI Advertising Research Institute Forecast for Advertising Expenditure in FY2020（Revised in July 2020）
Internet
TV
Newspapers
Magazines
Radio
Unit billion yen
20
Digital ad spending totaled two trillion yen and surpassed TV ads in 2019
4 Internet Advertisement Business
Variation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
The scale of the market in 2020 is estimated to increase by 05 year over year due to the spread of COVID-19
2012 2013 2014 2015 2016 2017 2018 2019
Growth transition Growth rate based on setting 2012 as ldquo100rdquoVariation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
InternetAd Market
[Market Comparison]
Sales growth outpaces market growth
21
4 Internet Advertisement Business
100
1750
2078
2406
2566
2693
FY2016 FY2017 FY2018 FY2019 FY202022
[Full Year Sales] [Full Year OP]
billion yen
4 Internet Advertisement Business
Increased 50 YoY despite declining ad demand due to COVID-19
A 73 increase YoYOPM 78
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
1513
1812
2084
1963
2107
86 87 8777 78
FY2016 FY2017 FY2018 FY2019 FY2020
OPOPM
billion yen
405436 430
478 486
525510
556576
614 602 613 622
666643 633
673
727
643 649
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
4 Internet Advertisement Business
[Quarterly Sales] Q4 649 billion yen (up 25 YoY)
Sales have bottomed out in Q3 (up 001 YoY) and are on a recovery trend
23
Billion yen
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
358
442
370
427458
513
396
444
552
637
469
424 423
543
504491
566
672
474 452
88 101 8689 94 98
78 8096 104
78 69 6882 78 78 84
9274 70
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
OP
OP Margin
Billion yen
4 Internet Advertisement Business
[Quarterly OP] OP was 45 billion yen OPM 70
Quarterly OP and OPM Special incentives in FY2016 and FY2020 are excluded24
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
Over 500 accounts As of August 18 2020 AI SCORE Sample
極予測AI ldquoKIWAMI Prediction AIrdquo
25
4 Internet Advertisement Business
[Competitive Advantage] Economies of scale and AI are our advantages of ad operations capability
26
Virtual Production Studio ldquoLED STUDIOtraderdquo
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting installed at Kamuro-zaka Studio where CyberAgent own (As of October 2020）
4 Internet Advertisement Business
[Competitive Advantage] We utilize the most advanced technology such as 3DCG in the creative production process
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting
ldquoLED STUDIOTMrdquo will allow you to shoot in the high definition CG space
[Competitive Advantage]
Scale advantage
Operation capability to realizehigh advertising effectiveness
Cutting-edge technology using AI and other technologies
1
2
327
4 Internet Advertisement Business
Game
28
5 Game Business
48
261
560
895925 945
1029
10851138
1192
2011 2012 2013 2014 2015 2016 2017 2018 2019E 2020E
[Japanrsquos Smartphone Game Market]The market slightly increased year over year around 1 trillion yen
Japanrsquos Smartphone Game Market Yano Research Institute Ltd Market trend and business analysis of smartphone game market 2019-2020Game Market by Country Newzoo 2020 Global Games Market Reaport
Japan has the third largest game market[Game Market by Country]
Rank Country Revenue
1 China 408
2UnitedStates
369
3 Japan 186
4 South Korea 65
5 Germany 59
Unitbillion USD
Unitbillion yen
29
5 Game Business
Media Ad Game
Three pillars of businesses that focus on the internet industry
6
Client
Internet Media
Ad Agencies
Distribution
Order Performance Report
TVampVIDEO ENTERTAINMENT
Blog service
Dating service
ldquoGRANBLUE FANTASYrdquo
ldquoPRINCESS CONNECT ReDiverdquo
1 What is CyberAgent
ldquoShadowverseldquo
ldquoGRANBLUE FANTASYrdquo ldquoPRINCESS CONNECT ReDiverdquo ldquoShadowverseldquo copy Cygames Inc
7Top App Publishers Ranking 2020 Top 52 Publishers (based on combined iOS App Store and Google Play revenue) provided by mobile market data provider ldquoApp Annierdquo AWA CoLtd Equity method affiliate that operates music streaming service Shareholding structure 485 CyberAgent Inc 485 avex digital Co Ltd 3 UNIVERSAL MUSIC LLC
位 位
[Top App Publishers Ranking by Revenue]
CyberAgent ranked second in Japan and 21st in the world
WorldJapan
1 What is CyberAgent
[Operating Profit (Image)]
Accumulate profit through the Ad Business andGame Business invest in the Media Businessto grow as a pillar for the medium to long-term
8
1 What is CyberAgent
Results Overview(FY2020)
9
2 Results Overview
Game
Media
Ad
Sales 4785 billion yen UP 55 YoY
OP 338 billion yen UP 99 YoY
FY2020
A 226 increase year over year driven by services such as Pay-Per-View of ABEMA Sales 570 billion yen UP 226 YoY
OP -182 billion yen
Sales 2693 billion yen UP 50 YoY
OP 210 billion yen UP 73 YoY
Maintained year over year growth despite declining ad demand due to COVID-19
Successful new game titles contributed to sales and OP increaseSales 1558 billion yen UP 24 YoY
OP 303 billion yen UP 165 YoY
10
Achieved the FY2020 forecast even though COVID-19 impacted the ad business
2 Results Overview
32 63 108 162 267
432 601
760 870 938 966
1195 1411
1624
2052
2543
3106
3713
4195
4536
4785
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020
4785 billion yen (up 55 YoY)Marked a new record high despite the impact of COVID-19
billion yen
[Consolidated Sales]
11
2 Results Overview
-16 -01 -02 -01
1726
4355
46 44
93
143
174
103
222
327
367
307 301308
338
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020
338 billion yen (up 99 YoY)FY2020 Forecast 28-30 billion yen Exceeded the upper end of the forecast
[Consolidated OP]
12
2 Results Overview
billion yen
596 660 767 798 804
15391778
1900 1883 1871
1253
1346
1453 16121826267
406
503608
605
297
336
350
370374
19
17
15
1113
3971
4543
4988
52825493
FY2016 FY2017 FY2018 FY2019 FY2020
Investment Development
Headquarters
Other
Game
Internet Ad
Media
215275 308 330 316
253
320 291 272 29953
65 78 85 87
53
48 50 5163
154
213
270 285287
31
14
761
922
9981024
1067
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Advertisement costs
Personnel
A special incentive of 14 billion yen was paid
[SGampA Expenses]
5493 employees
billion yen headcount
[No of Employees]
13
2 Results Overview
Segment reclassification in FY2020 The change is applied from FY2019 retrospectivelyOther Outsourcing expenses RampD expenses entertainment expenses etc
Unit million yen FY2020 FY2019 YoY
Net Sales 478566 453611 55
Gross profit 140648 133300 55
SGampA expenses 106768 102474 42
Operating profit 33880 30825 99
OPM 71 68 03pt
Ordinary profit 33863 30493 111
Extraordinary income 88 1912 -954
Extraordinary loss 5749 12985 -557
Income before income taxes and non-controlling interests
28202 19420 452
Net profit 6608 1694 2899
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc
[PL]
14
2 Results Overview
Unit million yen End of Sept 2020 End of Sept 2019 YoY
Current assets 203674 168662 208
Cash deposits 102368 84565 211
Fixed assets 57047 56172 16
Total assets 260766 224876 160
Current liabilities 87867 70749 242
（Income tax payable） 9458 7014 348
Fixed liabilities 45220 43774 33
Shareholders equity 78466 74015 60
Net assets 127678 110352 157
[BS]
15
2 Results Overview
We maintain a strong financial position
16
FY2021Forecast
October 2020 - September 2021
3 FY2021 Forecast
32 63 108 162267
432601
760870 938 966
1195
1411
1624
2052
2543
3106
3713
4195
4536
4785
5000
-16 -01 -02 -01
17 2643
55 46 44
93
143174
103
222
327
367
307 301 308
338
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021E
Sales
OP
350
Sales 500 billion yen（up 45 YoY）
OP 30~35 billion yen (down 115~up 33 YoY)
Continue up-front investment in ABEMA
billion yen
Invest in blog service
Invest in Smartphone
business
17
300
3 FY2021 Forecast
Unit billion yen FY2020
Minimum Maximum Minimum Maximum
Net Sales 4785
Operating profit 30 35 338 -115 33
Ordinary profit 30 35 338 -114 34
Net profit 8 10 66 211 513
Dividend 37 yen 34 yen
FY2021Forecast
YoY
500 45
88
18
[Business Forecast]
[Dividend Forecast] Expected based on DOE of 5 set as the management index
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc
Dividend of FY2020 (34 yen) We plan to discuss a surplus disposal plan at the annual General meeting of Shareholders to be held in December 2020
3 FY2021 Forecast
Internet Advertisement
19
4 Internet Advertisement Business
20898 20705 2058419768
17848 18105 1812818770 19023
19564 19323 19657 19478 1912318612
10377
4547
1675
1260
37774826
60036983 7069
7747 80628680
938110519
1159413100
15094
17589
21048
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
[Variation in Ad Cost by Media]
05 year over year NIKKEI Advertising Research Institute Forecast for Advertising Expenditure in FY2020（Revised in July 2020）
Internet
TV
Newspapers
Magazines
Radio
Unit billion yen
20
Digital ad spending totaled two trillion yen and surpassed TV ads in 2019
4 Internet Advertisement Business
Variation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
The scale of the market in 2020 is estimated to increase by 05 year over year due to the spread of COVID-19
2012 2013 2014 2015 2016 2017 2018 2019
Growth transition Growth rate based on setting 2012 as ldquo100rdquoVariation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
InternetAd Market
[Market Comparison]
Sales growth outpaces market growth
21
4 Internet Advertisement Business
100
1750
2078
2406
2566
2693
FY2016 FY2017 FY2018 FY2019 FY202022
[Full Year Sales] [Full Year OP]
billion yen
4 Internet Advertisement Business
Increased 50 YoY despite declining ad demand due to COVID-19
A 73 increase YoYOPM 78
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
1513
1812
2084
1963
2107
86 87 8777 78
FY2016 FY2017 FY2018 FY2019 FY2020
OPOPM
billion yen
405436 430
478 486
525510
556576
614 602 613 622
666643 633
673
727
643 649
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
4 Internet Advertisement Business
[Quarterly Sales] Q4 649 billion yen (up 25 YoY)
Sales have bottomed out in Q3 (up 001 YoY) and are on a recovery trend
23
Billion yen
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
358
442
370
427458
513
396
444
552
637
469
424 423
543
504491
566
672
474 452
88 101 8689 94 98
78 8096 104
78 69 6882 78 78 84
9274 70
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
OP
OP Margin
Billion yen
4 Internet Advertisement Business
[Quarterly OP] OP was 45 billion yen OPM 70
Quarterly OP and OPM Special incentives in FY2016 and FY2020 are excluded24
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
Over 500 accounts As of August 18 2020 AI SCORE Sample
極予測AI ldquoKIWAMI Prediction AIrdquo
25
4 Internet Advertisement Business
[Competitive Advantage] Economies of scale and AI are our advantages of ad operations capability
26
Virtual Production Studio ldquoLED STUDIOtraderdquo
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting installed at Kamuro-zaka Studio where CyberAgent own (As of October 2020）
4 Internet Advertisement Business
[Competitive Advantage] We utilize the most advanced technology such as 3DCG in the creative production process
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting
ldquoLED STUDIOTMrdquo will allow you to shoot in the high definition CG space
[Competitive Advantage]
Scale advantage
Operation capability to realizehigh advertising effectiveness
Cutting-edge technology using AI and other technologies
1
2
327
4 Internet Advertisement Business
Game
28
5 Game Business
48
261
560
895925 945
1029
10851138
1192
2011 2012 2013 2014 2015 2016 2017 2018 2019E 2020E
[Japanrsquos Smartphone Game Market]The market slightly increased year over year around 1 trillion yen
Japanrsquos Smartphone Game Market Yano Research Institute Ltd Market trend and business analysis of smartphone game market 2019-2020Game Market by Country Newzoo 2020 Global Games Market Reaport
Japan has the third largest game market[Game Market by Country]
Rank Country Revenue
1 China 408
2UnitedStates
369
3 Japan 186
4 South Korea 65
5 Germany 59
Unitbillion USD
Unitbillion yen
29
5 Game Business
7Top App Publishers Ranking 2020 Top 52 Publishers (based on combined iOS App Store and Google Play revenue) provided by mobile market data provider ldquoApp Annierdquo AWA CoLtd Equity method affiliate that operates music streaming service Shareholding structure 485 CyberAgent Inc 485 avex digital Co Ltd 3 UNIVERSAL MUSIC LLC
位 位
[Top App Publishers Ranking by Revenue]
CyberAgent ranked second in Japan and 21st in the world
WorldJapan
1 What is CyberAgent
[Operating Profit (Image)]
Accumulate profit through the Ad Business andGame Business invest in the Media Businessto grow as a pillar for the medium to long-term
8
1 What is CyberAgent
Results Overview(FY2020)
9
2 Results Overview
Game
Media
Ad
Sales 4785 billion yen UP 55 YoY
OP 338 billion yen UP 99 YoY
FY2020
A 226 increase year over year driven by services such as Pay-Per-View of ABEMA Sales 570 billion yen UP 226 YoY
OP -182 billion yen
Sales 2693 billion yen UP 50 YoY
OP 210 billion yen UP 73 YoY
Maintained year over year growth despite declining ad demand due to COVID-19
Successful new game titles contributed to sales and OP increaseSales 1558 billion yen UP 24 YoY
OP 303 billion yen UP 165 YoY
10
Achieved the FY2020 forecast even though COVID-19 impacted the ad business
2 Results Overview
32 63 108 162 267
432 601
760 870 938 966
1195 1411
1624
2052
2543
3106
3713
4195
4536
4785
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020
4785 billion yen (up 55 YoY)Marked a new record high despite the impact of COVID-19
billion yen
[Consolidated Sales]
11
2 Results Overview
-16 -01 -02 -01
1726
4355
46 44
93
143
174
103
222
327
367
307 301308
338
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020
338 billion yen (up 99 YoY)FY2020 Forecast 28-30 billion yen Exceeded the upper end of the forecast
[Consolidated OP]
12
2 Results Overview
billion yen
596 660 767 798 804
15391778
1900 1883 1871
1253
1346
1453 16121826267
406
503608
605
297
336
350
370374
19
17
15
1113
3971
4543
4988
52825493
FY2016 FY2017 FY2018 FY2019 FY2020
Investment Development
Headquarters
Other
Game
Internet Ad
Media
215275 308 330 316
253
320 291 272 29953
65 78 85 87
53
48 50 5163
154
213
270 285287
31
14
761
922
9981024
1067
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Advertisement costs
Personnel
A special incentive of 14 billion yen was paid
[SGampA Expenses]
5493 employees
billion yen headcount
[No of Employees]
13
2 Results Overview
Segment reclassification in FY2020 The change is applied from FY2019 retrospectivelyOther Outsourcing expenses RampD expenses entertainment expenses etc
Unit million yen FY2020 FY2019 YoY
Net Sales 478566 453611 55
Gross profit 140648 133300 55
SGampA expenses 106768 102474 42
Operating profit 33880 30825 99
OPM 71 68 03pt
Ordinary profit 33863 30493 111
Extraordinary income 88 1912 -954
Extraordinary loss 5749 12985 -557
Income before income taxes and non-controlling interests
28202 19420 452
Net profit 6608 1694 2899
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc
[PL]
14
2 Results Overview
Unit million yen End of Sept 2020 End of Sept 2019 YoY
Current assets 203674 168662 208
Cash deposits 102368 84565 211
Fixed assets 57047 56172 16
Total assets 260766 224876 160
Current liabilities 87867 70749 242
（Income tax payable） 9458 7014 348
Fixed liabilities 45220 43774 33
Shareholders equity 78466 74015 60
Net assets 127678 110352 157
[BS]
15
2 Results Overview
We maintain a strong financial position
16
FY2021Forecast
October 2020 - September 2021
3 FY2021 Forecast
32 63 108 162267
432601
760870 938 966
1195
1411
1624
2052
2543
3106
3713
4195
4536
4785
5000
-16 -01 -02 -01
17 2643
55 46 44
93
143174
103
222
327
367
307 301 308
338
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021E
Sales
OP
350
Sales 500 billion yen（up 45 YoY）
OP 30~35 billion yen (down 115~up 33 YoY)
Continue up-front investment in ABEMA
billion yen
Invest in blog service
Invest in Smartphone
business
17
300
3 FY2021 Forecast
Unit billion yen FY2020
Minimum Maximum Minimum Maximum
Net Sales 4785
Operating profit 30 35 338 -115 33
Ordinary profit 30 35 338 -114 34
Net profit 8 10 66 211 513
Dividend 37 yen 34 yen
FY2021Forecast
YoY
500 45
88
18
[Business Forecast]
[Dividend Forecast] Expected based on DOE of 5 set as the management index
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc
Dividend of FY2020 (34 yen) We plan to discuss a surplus disposal plan at the annual General meeting of Shareholders to be held in December 2020
3 FY2021 Forecast
Internet Advertisement
19
4 Internet Advertisement Business
20898 20705 2058419768
17848 18105 1812818770 19023
19564 19323 19657 19478 1912318612
10377
4547
1675
1260
37774826
60036983 7069
7747 80628680
938110519
1159413100
15094
17589
21048
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
[Variation in Ad Cost by Media]
05 year over year NIKKEI Advertising Research Institute Forecast for Advertising Expenditure in FY2020（Revised in July 2020）
Internet
TV
Newspapers
Magazines
Radio
Unit billion yen
20
Digital ad spending totaled two trillion yen and surpassed TV ads in 2019
4 Internet Advertisement Business
Variation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
The scale of the market in 2020 is estimated to increase by 05 year over year due to the spread of COVID-19
2012 2013 2014 2015 2016 2017 2018 2019
Growth transition Growth rate based on setting 2012 as ldquo100rdquoVariation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
InternetAd Market
[Market Comparison]
Sales growth outpaces market growth
21
4 Internet Advertisement Business
100
1750
2078
2406
2566
2693
FY2016 FY2017 FY2018 FY2019 FY202022
[Full Year Sales] [Full Year OP]
billion yen
4 Internet Advertisement Business
Increased 50 YoY despite declining ad demand due to COVID-19
A 73 increase YoYOPM 78
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
1513
1812
2084
1963
2107
86 87 8777 78
FY2016 FY2017 FY2018 FY2019 FY2020
OPOPM
billion yen
405436 430
478 486
525510
556576
614 602 613 622
666643 633
673
727
643 649
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
4 Internet Advertisement Business
[Quarterly Sales] Q4 649 billion yen (up 25 YoY)
Sales have bottomed out in Q3 (up 001 YoY) and are on a recovery trend
23
Billion yen
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
358
442
370
427458
513
396
444
552
637
469
424 423
543
504491
566
672
474 452
88 101 8689 94 98
78 8096 104
78 69 6882 78 78 84
9274 70
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
OP
OP Margin
Billion yen
4 Internet Advertisement Business
[Quarterly OP] OP was 45 billion yen OPM 70
Quarterly OP and OPM Special incentives in FY2016 and FY2020 are excluded24
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
Over 500 accounts As of August 18 2020 AI SCORE Sample
極予測AI ldquoKIWAMI Prediction AIrdquo
25
4 Internet Advertisement Business
[Competitive Advantage] Economies of scale and AI are our advantages of ad operations capability
26
Virtual Production Studio ldquoLED STUDIOtraderdquo
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting installed at Kamuro-zaka Studio where CyberAgent own (As of October 2020）
4 Internet Advertisement Business
[Competitive Advantage] We utilize the most advanced technology such as 3DCG in the creative production process
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting
ldquoLED STUDIOTMrdquo will allow you to shoot in the high definition CG space
[Competitive Advantage]
Scale advantage
Operation capability to realizehigh advertising effectiveness
Cutting-edge technology using AI and other technologies
1
2
327
4 Internet Advertisement Business
Game
28
5 Game Business
48
261
560
895925 945
1029
10851138
1192
2011 2012 2013 2014 2015 2016 2017 2018 2019E 2020E
[Japanrsquos Smartphone Game Market]The market slightly increased year over year around 1 trillion yen
Japanrsquos Smartphone Game Market Yano Research Institute Ltd Market trend and business analysis of smartphone game market 2019-2020Game Market by Country Newzoo 2020 Global Games Market Reaport
Japan has the third largest game market[Game Market by Country]
Rank Country Revenue
1 China 408
2UnitedStates
369
3 Japan 186
4 South Korea 65
5 Germany 59
Unitbillion USD
Unitbillion yen
29
5 Game Business
[Operating Profit (Image)]
Accumulate profit through the Ad Business andGame Business invest in the Media Businessto grow as a pillar for the medium to long-term
8
1 What is CyberAgent
Results Overview(FY2020)
9
2 Results Overview
Game
Media
Ad
Sales 4785 billion yen UP 55 YoY
OP 338 billion yen UP 99 YoY
FY2020
A 226 increase year over year driven by services such as Pay-Per-View of ABEMA Sales 570 billion yen UP 226 YoY
OP -182 billion yen
Sales 2693 billion yen UP 50 YoY
OP 210 billion yen UP 73 YoY
Maintained year over year growth despite declining ad demand due to COVID-19
Successful new game titles contributed to sales and OP increaseSales 1558 billion yen UP 24 YoY
OP 303 billion yen UP 165 YoY
10
Achieved the FY2020 forecast even though COVID-19 impacted the ad business
2 Results Overview
32 63 108 162 267
432 601
760 870 938 966
1195 1411
1624
2052
2543
3106
3713
4195
4536
4785
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020
4785 billion yen (up 55 YoY)Marked a new record high despite the impact of COVID-19
billion yen
[Consolidated Sales]
11
2 Results Overview
-16 -01 -02 -01
1726
4355
46 44
93
143
174
103
222
327
367
307 301308
338
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020
338 billion yen (up 99 YoY)FY2020 Forecast 28-30 billion yen Exceeded the upper end of the forecast
[Consolidated OP]
12
2 Results Overview
billion yen
596 660 767 798 804
15391778
1900 1883 1871
1253
1346
1453 16121826267
406
503608
605
297
336
350
370374
19
17
15
1113
3971
4543
4988
52825493
FY2016 FY2017 FY2018 FY2019 FY2020
Investment Development
Headquarters
Other
Game
Internet Ad
Media
215275 308 330 316
253
320 291 272 29953
65 78 85 87
53
48 50 5163
154
213
270 285287
31
14
761
922
9981024
1067
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Advertisement costs
Personnel
A special incentive of 14 billion yen was paid
[SGampA Expenses]
5493 employees
billion yen headcount
[No of Employees]
13
2 Results Overview
Segment reclassification in FY2020 The change is applied from FY2019 retrospectivelyOther Outsourcing expenses RampD expenses entertainment expenses etc
Unit million yen FY2020 FY2019 YoY
Net Sales 478566 453611 55
Gross profit 140648 133300 55
SGampA expenses 106768 102474 42
Operating profit 33880 30825 99
OPM 71 68 03pt
Ordinary profit 33863 30493 111
Extraordinary income 88 1912 -954
Extraordinary loss 5749 12985 -557
Income before income taxes and non-controlling interests
28202 19420 452
Net profit 6608 1694 2899
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc
[PL]
14
2 Results Overview
Unit million yen End of Sept 2020 End of Sept 2019 YoY
Current assets 203674 168662 208
Cash deposits 102368 84565 211
Fixed assets 57047 56172 16
Total assets 260766 224876 160
Current liabilities 87867 70749 242
（Income tax payable） 9458 7014 348
Fixed liabilities 45220 43774 33
Shareholders equity 78466 74015 60
Net assets 127678 110352 157
[BS]
15
2 Results Overview
We maintain a strong financial position
16
FY2021Forecast
October 2020 - September 2021
3 FY2021 Forecast
32 63 108 162267
432601
760870 938 966
1195
1411
1624
2052
2543
3106
3713
4195
4536
4785
5000
-16 -01 -02 -01
17 2643
55 46 44
93
143174
103
222
327
367
307 301 308
338
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021E
Sales
OP
350
Sales 500 billion yen（up 45 YoY）
OP 30~35 billion yen (down 115~up 33 YoY)
Continue up-front investment in ABEMA
billion yen
Invest in blog service
Invest in Smartphone
business
17
300
3 FY2021 Forecast
Unit billion yen FY2020
Minimum Maximum Minimum Maximum
Net Sales 4785
Operating profit 30 35 338 -115 33
Ordinary profit 30 35 338 -114 34
Net profit 8 10 66 211 513
Dividend 37 yen 34 yen
FY2021Forecast
YoY
500 45
88
18
[Business Forecast]
[Dividend Forecast] Expected based on DOE of 5 set as the management index
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc
Dividend of FY2020 (34 yen) We plan to discuss a surplus disposal plan at the annual General meeting of Shareholders to be held in December 2020
3 FY2021 Forecast
Internet Advertisement
19
4 Internet Advertisement Business
20898 20705 2058419768
17848 18105 1812818770 19023
19564 19323 19657 19478 1912318612
10377
4547
1675
1260
37774826
60036983 7069
7747 80628680
938110519
1159413100
15094
17589
21048
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
[Variation in Ad Cost by Media]
05 year over year NIKKEI Advertising Research Institute Forecast for Advertising Expenditure in FY2020（Revised in July 2020）
Internet
TV
Newspapers
Magazines
Radio
Unit billion yen
20
Digital ad spending totaled two trillion yen and surpassed TV ads in 2019
4 Internet Advertisement Business
Variation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
The scale of the market in 2020 is estimated to increase by 05 year over year due to the spread of COVID-19
2012 2013 2014 2015 2016 2017 2018 2019
Growth transition Growth rate based on setting 2012 as ldquo100rdquoVariation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
InternetAd Market
[Market Comparison]
Sales growth outpaces market growth
21
4 Internet Advertisement Business
100
1750
2078
2406
2566
2693
FY2016 FY2017 FY2018 FY2019 FY202022
[Full Year Sales] [Full Year OP]
billion yen
4 Internet Advertisement Business
Increased 50 YoY despite declining ad demand due to COVID-19
A 73 increase YoYOPM 78
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
1513
1812
2084
1963
2107
86 87 8777 78
FY2016 FY2017 FY2018 FY2019 FY2020
OPOPM
billion yen
405436 430
478 486
525510
556576
614 602 613 622
666643 633
673
727
643 649
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
4 Internet Advertisement Business
[Quarterly Sales] Q4 649 billion yen (up 25 YoY)
Sales have bottomed out in Q3 (up 001 YoY) and are on a recovery trend
23
Billion yen
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
358
442
370
427458
513
396
444
552
637
469
424 423
543
504491
566
672
474 452
88 101 8689 94 98
78 8096 104
78 69 6882 78 78 84
9274 70
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
OP
OP Margin
Billion yen
4 Internet Advertisement Business
[Quarterly OP] OP was 45 billion yen OPM 70
Quarterly OP and OPM Special incentives in FY2016 and FY2020 are excluded24
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
Over 500 accounts As of August 18 2020 AI SCORE Sample
極予測AI ldquoKIWAMI Prediction AIrdquo
25
4 Internet Advertisement Business
[Competitive Advantage] Economies of scale and AI are our advantages of ad operations capability
26
Virtual Production Studio ldquoLED STUDIOtraderdquo
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting installed at Kamuro-zaka Studio where CyberAgent own (As of October 2020）
4 Internet Advertisement Business
[Competitive Advantage] We utilize the most advanced technology such as 3DCG in the creative production process
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting
ldquoLED STUDIOTMrdquo will allow you to shoot in the high definition CG space
[Competitive Advantage]
Scale advantage
Operation capability to realizehigh advertising effectiveness
Cutting-edge technology using AI and other technologies
1
2
327
4 Internet Advertisement Business
Game
28
5 Game Business
48
261
560
895925 945
1029
10851138
1192
2011 2012 2013 2014 2015 2016 2017 2018 2019E 2020E
[Japanrsquos Smartphone Game Market]The market slightly increased year over year around 1 trillion yen
Japanrsquos Smartphone Game Market Yano Research Institute Ltd Market trend and business analysis of smartphone game market 2019-2020Game Market by Country Newzoo 2020 Global Games Market Reaport
Japan has the third largest game market[Game Market by Country]
Rank Country Revenue
1 China 408
2UnitedStates
369
3 Japan 186
4 South Korea 65
5 Germany 59
Unitbillion USD
Unitbillion yen
29
5 Game Business
Results Overview(FY2020)
9
2 Results Overview
Game
Media
Ad
Sales 4785 billion yen UP 55 YoY
OP 338 billion yen UP 99 YoY
FY2020
A 226 increase year over year driven by services such as Pay-Per-View of ABEMA Sales 570 billion yen UP 226 YoY
OP -182 billion yen
Sales 2693 billion yen UP 50 YoY
OP 210 billion yen UP 73 YoY
Maintained year over year growth despite declining ad demand due to COVID-19
Successful new game titles contributed to sales and OP increaseSales 1558 billion yen UP 24 YoY
OP 303 billion yen UP 165 YoY
10
Achieved the FY2020 forecast even though COVID-19 impacted the ad business
2 Results Overview
32 63 108 162 267
432 601
760 870 938 966
1195 1411
1624
2052
2543
3106
3713
4195
4536
4785
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020
4785 billion yen (up 55 YoY)Marked a new record high despite the impact of COVID-19
billion yen
[Consolidated Sales]
11
2 Results Overview
-16 -01 -02 -01
1726
4355
46 44
93
143
174
103
222
327
367
307 301308
338
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020
338 billion yen (up 99 YoY)FY2020 Forecast 28-30 billion yen Exceeded the upper end of the forecast
[Consolidated OP]
12
2 Results Overview
billion yen
596 660 767 798 804
15391778
1900 1883 1871
1253
1346
1453 16121826267
406
503608
605
297
336
350
370374
19
17
15
1113
3971
4543
4988
52825493
FY2016 FY2017 FY2018 FY2019 FY2020
Investment Development
Headquarters
Other
Game
Internet Ad
Media
215275 308 330 316
253
320 291 272 29953
65 78 85 87
53
48 50 5163
154
213
270 285287
31
14
761
922
9981024
1067
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Advertisement costs
Personnel
A special incentive of 14 billion yen was paid
[SGampA Expenses]
5493 employees
billion yen headcount
[No of Employees]
13
2 Results Overview
Segment reclassification in FY2020 The change is applied from FY2019 retrospectivelyOther Outsourcing expenses RampD expenses entertainment expenses etc
Unit million yen FY2020 FY2019 YoY
Net Sales 478566 453611 55
Gross profit 140648 133300 55
SGampA expenses 106768 102474 42
Operating profit 33880 30825 99
OPM 71 68 03pt
Ordinary profit 33863 30493 111
Extraordinary income 88 1912 -954
Extraordinary loss 5749 12985 -557
Income before income taxes and non-controlling interests
28202 19420 452
Net profit 6608 1694 2899
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc
[PL]
14
2 Results Overview
Unit million yen End of Sept 2020 End of Sept 2019 YoY
Current assets 203674 168662 208
Cash deposits 102368 84565 211
Fixed assets 57047 56172 16
Total assets 260766 224876 160
Current liabilities 87867 70749 242
（Income tax payable） 9458 7014 348
Fixed liabilities 45220 43774 33
Shareholders equity 78466 74015 60
Net assets 127678 110352 157
[BS]
15
2 Results Overview
We maintain a strong financial position
16
FY2021Forecast
October 2020 - September 2021
3 FY2021 Forecast
32 63 108 162267
432601
760870 938 966
1195
1411
1624
2052
2543
3106
3713
4195
4536
4785
5000
-16 -01 -02 -01
17 2643
55 46 44
93
143174
103
222
327
367
307 301 308
338
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021E
Sales
OP
350
Sales 500 billion yen（up 45 YoY）
OP 30~35 billion yen (down 115~up 33 YoY)
Continue up-front investment in ABEMA
billion yen
Invest in blog service
Invest in Smartphone
business
17
300
3 FY2021 Forecast
Unit billion yen FY2020
Minimum Maximum Minimum Maximum
Net Sales 4785
Operating profit 30 35 338 -115 33
Ordinary profit 30 35 338 -114 34
Net profit 8 10 66 211 513
Dividend 37 yen 34 yen
FY2021Forecast
YoY
500 45
88
18
[Business Forecast]
[Dividend Forecast] Expected based on DOE of 5 set as the management index
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc
Dividend of FY2020 (34 yen) We plan to discuss a surplus disposal plan at the annual General meeting of Shareholders to be held in December 2020
3 FY2021 Forecast
Internet Advertisement
19
4 Internet Advertisement Business
20898 20705 2058419768
17848 18105 1812818770 19023
19564 19323 19657 19478 1912318612
10377
4547
1675
1260
37774826
60036983 7069
7747 80628680
938110519
1159413100
15094
17589
21048
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
[Variation in Ad Cost by Media]
05 year over year NIKKEI Advertising Research Institute Forecast for Advertising Expenditure in FY2020（Revised in July 2020）
Internet
TV
Newspapers
Magazines
Radio
Unit billion yen
20
Digital ad spending totaled two trillion yen and surpassed TV ads in 2019
4 Internet Advertisement Business
Variation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
The scale of the market in 2020 is estimated to increase by 05 year over year due to the spread of COVID-19
2012 2013 2014 2015 2016 2017 2018 2019
Growth transition Growth rate based on setting 2012 as ldquo100rdquoVariation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
InternetAd Market
[Market Comparison]
Sales growth outpaces market growth
21
4 Internet Advertisement Business
100
1750
2078
2406
2566
2693
FY2016 FY2017 FY2018 FY2019 FY202022
[Full Year Sales] [Full Year OP]
billion yen
4 Internet Advertisement Business
Increased 50 YoY despite declining ad demand due to COVID-19
A 73 increase YoYOPM 78
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
1513
1812
2084
1963
2107
86 87 8777 78
FY2016 FY2017 FY2018 FY2019 FY2020
OPOPM
billion yen
405436 430
478 486
525510
556576
614 602 613 622
666643 633
673
727
643 649
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
4 Internet Advertisement Business
[Quarterly Sales] Q4 649 billion yen (up 25 YoY)
Sales have bottomed out in Q3 (up 001 YoY) and are on a recovery trend
23
Billion yen
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
358
442
370
427458
513
396
444
552
637
469
424 423
543
504491
566
672
474 452
88 101 8689 94 98
78 8096 104
78 69 6882 78 78 84
9274 70
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
OP
OP Margin
Billion yen
4 Internet Advertisement Business
[Quarterly OP] OP was 45 billion yen OPM 70
Quarterly OP and OPM Special incentives in FY2016 and FY2020 are excluded24
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
Over 500 accounts As of August 18 2020 AI SCORE Sample
極予測AI ldquoKIWAMI Prediction AIrdquo
25
4 Internet Advertisement Business
[Competitive Advantage] Economies of scale and AI are our advantages of ad operations capability
26
Virtual Production Studio ldquoLED STUDIOtraderdquo
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting installed at Kamuro-zaka Studio where CyberAgent own (As of October 2020）
4 Internet Advertisement Business
[Competitive Advantage] We utilize the most advanced technology such as 3DCG in the creative production process
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting
ldquoLED STUDIOTMrdquo will allow you to shoot in the high definition CG space
[Competitive Advantage]
Scale advantage
Operation capability to realizehigh advertising effectiveness
Cutting-edge technology using AI and other technologies
1
2
327
4 Internet Advertisement Business
Game
28
5 Game Business
48
261
560
895925 945
1029
10851138
1192
2011 2012 2013 2014 2015 2016 2017 2018 2019E 2020E
[Japanrsquos Smartphone Game Market]The market slightly increased year over year around 1 trillion yen
Japanrsquos Smartphone Game Market Yano Research Institute Ltd Market trend and business analysis of smartphone game market 2019-2020Game Market by Country Newzoo 2020 Global Games Market Reaport
Japan has the third largest game market[Game Market by Country]
Rank Country Revenue
1 China 408
2UnitedStates
369
3 Japan 186
4 South Korea 65
5 Germany 59
Unitbillion USD
Unitbillion yen
29
5 Game Business
Game
Media
Ad
Sales 4785 billion yen UP 55 YoY
OP 338 billion yen UP 99 YoY
FY2020
A 226 increase year over year driven by services such as Pay-Per-View of ABEMA Sales 570 billion yen UP 226 YoY
OP -182 billion yen
Sales 2693 billion yen UP 50 YoY
OP 210 billion yen UP 73 YoY
Maintained year over year growth despite declining ad demand due to COVID-19
Successful new game titles contributed to sales and OP increaseSales 1558 billion yen UP 24 YoY
OP 303 billion yen UP 165 YoY
10
Achieved the FY2020 forecast even though COVID-19 impacted the ad business
2 Results Overview
32 63 108 162 267
432 601
760 870 938 966
1195 1411
1624
2052
2543
3106
3713
4195
4536
4785
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020
4785 billion yen (up 55 YoY)Marked a new record high despite the impact of COVID-19
billion yen
[Consolidated Sales]
11
2 Results Overview
-16 -01 -02 -01
1726
4355
46 44
93
143
174
103
222
327
367
307 301308
338
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020
338 billion yen (up 99 YoY)FY2020 Forecast 28-30 billion yen Exceeded the upper end of the forecast
[Consolidated OP]
12
2 Results Overview
billion yen
596 660 767 798 804
15391778
1900 1883 1871
1253
1346
1453 16121826267
406
503608
605
297
336
350
370374
19
17
15
1113
3971
4543
4988
52825493
FY2016 FY2017 FY2018 FY2019 FY2020
Investment Development
Headquarters
Other
Game
Internet Ad
Media
215275 308 330 316
253
320 291 272 29953
65 78 85 87
53
48 50 5163
154
213
270 285287
31
14
761
922
9981024
1067
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Advertisement costs
Personnel
A special incentive of 14 billion yen was paid
[SGampA Expenses]
5493 employees
billion yen headcount
[No of Employees]
13
2 Results Overview
Segment reclassification in FY2020 The change is applied from FY2019 retrospectivelyOther Outsourcing expenses RampD expenses entertainment expenses etc
Unit million yen FY2020 FY2019 YoY
Net Sales 478566 453611 55
Gross profit 140648 133300 55
SGampA expenses 106768 102474 42
Operating profit 33880 30825 99
OPM 71 68 03pt
Ordinary profit 33863 30493 111
Extraordinary income 88 1912 -954
Extraordinary loss 5749 12985 -557
Income before income taxes and non-controlling interests
28202 19420 452
Net profit 6608 1694 2899
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc
[PL]
14
2 Results Overview
Unit million yen End of Sept 2020 End of Sept 2019 YoY
Current assets 203674 168662 208
Cash deposits 102368 84565 211
Fixed assets 57047 56172 16
Total assets 260766 224876 160
Current liabilities 87867 70749 242
（Income tax payable） 9458 7014 348
Fixed liabilities 45220 43774 33
Shareholders equity 78466 74015 60
Net assets 127678 110352 157
[BS]
15
2 Results Overview
We maintain a strong financial position
16
FY2021Forecast
October 2020 - September 2021
3 FY2021 Forecast
32 63 108 162267
432601
760870 938 966
1195
1411
1624
2052
2543
3106
3713
4195
4536
4785
5000
-16 -01 -02 -01
17 2643
55 46 44
93
143174
103
222
327
367
307 301 308
338
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021E
Sales
OP
350
Sales 500 billion yen（up 45 YoY）
OP 30~35 billion yen (down 115~up 33 YoY)
Continue up-front investment in ABEMA
billion yen
Invest in blog service
Invest in Smartphone
business
17
300
3 FY2021 Forecast
Unit billion yen FY2020
Minimum Maximum Minimum Maximum
Net Sales 4785
Operating profit 30 35 338 -115 33
Ordinary profit 30 35 338 -114 34
Net profit 8 10 66 211 513
Dividend 37 yen 34 yen
FY2021Forecast
YoY
500 45
88
18
[Business Forecast]
[Dividend Forecast] Expected based on DOE of 5 set as the management index
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc
Dividend of FY2020 (34 yen) We plan to discuss a surplus disposal plan at the annual General meeting of Shareholders to be held in December 2020
3 FY2021 Forecast
Internet Advertisement
19
4 Internet Advertisement Business
20898 20705 2058419768
17848 18105 1812818770 19023
19564 19323 19657 19478 1912318612
10377
4547
1675
1260
37774826
60036983 7069
7747 80628680
938110519
1159413100
15094
17589
21048
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
[Variation in Ad Cost by Media]
05 year over year NIKKEI Advertising Research Institute Forecast for Advertising Expenditure in FY2020（Revised in July 2020）
Internet
TV
Newspapers
Magazines
Radio
Unit billion yen
20
Digital ad spending totaled two trillion yen and surpassed TV ads in 2019
4 Internet Advertisement Business
Variation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
The scale of the market in 2020 is estimated to increase by 05 year over year due to the spread of COVID-19
2012 2013 2014 2015 2016 2017 2018 2019
Growth transition Growth rate based on setting 2012 as ldquo100rdquoVariation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
InternetAd Market
[Market Comparison]
Sales growth outpaces market growth
21
4 Internet Advertisement Business
100
1750
2078
2406
2566
2693
FY2016 FY2017 FY2018 FY2019 FY202022
[Full Year Sales] [Full Year OP]
billion yen
4 Internet Advertisement Business
Increased 50 YoY despite declining ad demand due to COVID-19
A 73 increase YoYOPM 78
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
1513
1812
2084
1963
2107
86 87 8777 78
FY2016 FY2017 FY2018 FY2019 FY2020
OPOPM
billion yen
405436 430
478 486
525510
556576
614 602 613 622
666643 633
673
727
643 649
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
4 Internet Advertisement Business
[Quarterly Sales] Q4 649 billion yen (up 25 YoY)
Sales have bottomed out in Q3 (up 001 YoY) and are on a recovery trend
23
Billion yen
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
358
442
370
427458
513
396
444
552
637
469
424 423
543
504491
566
672
474 452
88 101 8689 94 98
78 8096 104
78 69 6882 78 78 84
9274 70
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
OP
OP Margin
Billion yen
4 Internet Advertisement Business
[Quarterly OP] OP was 45 billion yen OPM 70
Quarterly OP and OPM Special incentives in FY2016 and FY2020 are excluded24
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
Over 500 accounts As of August 18 2020 AI SCORE Sample
極予測AI ldquoKIWAMI Prediction AIrdquo
25
4 Internet Advertisement Business
[Competitive Advantage] Economies of scale and AI are our advantages of ad operations capability
26
Virtual Production Studio ldquoLED STUDIOtraderdquo
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting installed at Kamuro-zaka Studio where CyberAgent own (As of October 2020）
4 Internet Advertisement Business
[Competitive Advantage] We utilize the most advanced technology such as 3DCG in the creative production process
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting
ldquoLED STUDIOTMrdquo will allow you to shoot in the high definition CG space
[Competitive Advantage]
Scale advantage
Operation capability to realizehigh advertising effectiveness
Cutting-edge technology using AI and other technologies
1
2
327
4 Internet Advertisement Business
Game
28
5 Game Business
48
261
560
895925 945
1029
10851138
1192
2011 2012 2013 2014 2015 2016 2017 2018 2019E 2020E
[Japanrsquos Smartphone Game Market]The market slightly increased year over year around 1 trillion yen
Japanrsquos Smartphone Game Market Yano Research Institute Ltd Market trend and business analysis of smartphone game market 2019-2020Game Market by Country Newzoo 2020 Global Games Market Reaport
Japan has the third largest game market[Game Market by Country]
Rank Country Revenue
1 China 408
2UnitedStates
369
3 Japan 186
4 South Korea 65
5 Germany 59
Unitbillion USD
Unitbillion yen
29
5 Game Business
32 63 108 162 267
432 601
760 870 938 966
1195 1411
1624
2052
2543
3106
3713
4195
4536
4785
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020
4785 billion yen (up 55 YoY)Marked a new record high despite the impact of COVID-19
billion yen
[Consolidated Sales]
11
2 Results Overview
-16 -01 -02 -01
1726
4355
46 44
93
143
174
103
222
327
367
307 301308
338
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020
338 billion yen (up 99 YoY)FY2020 Forecast 28-30 billion yen Exceeded the upper end of the forecast
[Consolidated OP]
12
2 Results Overview
billion yen
596 660 767 798 804
15391778
1900 1883 1871
1253
1346
1453 16121826267
406
503608
605
297
336
350
370374
19
17
15
1113
3971
4543
4988
52825493
FY2016 FY2017 FY2018 FY2019 FY2020
Investment Development
Headquarters
Other
Game
Internet Ad
Media
215275 308 330 316
253
320 291 272 29953
65 78 85 87
53
48 50 5163
154
213
270 285287
31
14
761
922
9981024
1067
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Advertisement costs
Personnel
A special incentive of 14 billion yen was paid
[SGampA Expenses]
5493 employees
billion yen headcount
[No of Employees]
13
2 Results Overview
Segment reclassification in FY2020 The change is applied from FY2019 retrospectivelyOther Outsourcing expenses RampD expenses entertainment expenses etc
Unit million yen FY2020 FY2019 YoY
Net Sales 478566 453611 55
Gross profit 140648 133300 55
SGampA expenses 106768 102474 42
Operating profit 33880 30825 99
OPM 71 68 03pt
Ordinary profit 33863 30493 111
Extraordinary income 88 1912 -954
Extraordinary loss 5749 12985 -557
Income before income taxes and non-controlling interests
28202 19420 452
Net profit 6608 1694 2899
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc
[PL]
14
2 Results Overview
Unit million yen End of Sept 2020 End of Sept 2019 YoY
Current assets 203674 168662 208
Cash deposits 102368 84565 211
Fixed assets 57047 56172 16
Total assets 260766 224876 160
Current liabilities 87867 70749 242
（Income tax payable） 9458 7014 348
Fixed liabilities 45220 43774 33
Shareholders equity 78466 74015 60
Net assets 127678 110352 157
[BS]
15
2 Results Overview
We maintain a strong financial position
16
FY2021Forecast
October 2020 - September 2021
3 FY2021 Forecast
32 63 108 162267
432601
760870 938 966
1195
1411
1624
2052
2543
3106
3713
4195
4536
4785
5000
-16 -01 -02 -01
17 2643
55 46 44
93
143174
103
222
327
367
307 301 308
338
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021E
Sales
OP
350
Sales 500 billion yen（up 45 YoY）
OP 30~35 billion yen (down 115~up 33 YoY)
Continue up-front investment in ABEMA
billion yen
Invest in blog service
Invest in Smartphone
business
17
300
3 FY2021 Forecast
Unit billion yen FY2020
Minimum Maximum Minimum Maximum
Net Sales 4785
Operating profit 30 35 338 -115 33
Ordinary profit 30 35 338 -114 34
Net profit 8 10 66 211 513
Dividend 37 yen 34 yen
FY2021Forecast
YoY
500 45
88
18
[Business Forecast]
[Dividend Forecast] Expected based on DOE of 5 set as the management index
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc
Dividend of FY2020 (34 yen) We plan to discuss a surplus disposal plan at the annual General meeting of Shareholders to be held in December 2020
3 FY2021 Forecast
Internet Advertisement
19
4 Internet Advertisement Business
20898 20705 2058419768
17848 18105 1812818770 19023
19564 19323 19657 19478 1912318612
10377
4547
1675
1260
37774826
60036983 7069
7747 80628680
938110519
1159413100
15094
17589
21048
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
[Variation in Ad Cost by Media]
05 year over year NIKKEI Advertising Research Institute Forecast for Advertising Expenditure in FY2020（Revised in July 2020）
Internet
TV
Newspapers
Magazines
Radio
Unit billion yen
20
Digital ad spending totaled two trillion yen and surpassed TV ads in 2019
4 Internet Advertisement Business
Variation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
The scale of the market in 2020 is estimated to increase by 05 year over year due to the spread of COVID-19
2012 2013 2014 2015 2016 2017 2018 2019
Growth transition Growth rate based on setting 2012 as ldquo100rdquoVariation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
InternetAd Market
[Market Comparison]
Sales growth outpaces market growth
21
4 Internet Advertisement Business
100
1750
2078
2406
2566
2693
FY2016 FY2017 FY2018 FY2019 FY202022
[Full Year Sales] [Full Year OP]
billion yen
4 Internet Advertisement Business
Increased 50 YoY despite declining ad demand due to COVID-19
A 73 increase YoYOPM 78
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
1513
1812
2084
1963
2107
86 87 8777 78
FY2016 FY2017 FY2018 FY2019 FY2020
OPOPM
billion yen
405436 430
478 486
525510
556576
614 602 613 622
666643 633
673
727
643 649
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
4 Internet Advertisement Business
[Quarterly Sales] Q4 649 billion yen (up 25 YoY)
Sales have bottomed out in Q3 (up 001 YoY) and are on a recovery trend
23
Billion yen
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
358
442
370
427458
513
396
444
552
637
469
424 423
543
504491
566
672
474 452
88 101 8689 94 98
78 8096 104
78 69 6882 78 78 84
9274 70
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
OP
OP Margin
Billion yen
4 Internet Advertisement Business
[Quarterly OP] OP was 45 billion yen OPM 70
Quarterly OP and OPM Special incentives in FY2016 and FY2020 are excluded24
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
Over 500 accounts As of August 18 2020 AI SCORE Sample
極予測AI ldquoKIWAMI Prediction AIrdquo
25
4 Internet Advertisement Business
[Competitive Advantage] Economies of scale and AI are our advantages of ad operations capability
26
Virtual Production Studio ldquoLED STUDIOtraderdquo
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting installed at Kamuro-zaka Studio where CyberAgent own (As of October 2020）
4 Internet Advertisement Business
[Competitive Advantage] We utilize the most advanced technology such as 3DCG in the creative production process
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting
ldquoLED STUDIOTMrdquo will allow you to shoot in the high definition CG space
[Competitive Advantage]
Scale advantage
Operation capability to realizehigh advertising effectiveness
Cutting-edge technology using AI and other technologies
1
2
327
4 Internet Advertisement Business
Game
28
5 Game Business
48
261
560
895925 945
1029
10851138
1192
2011 2012 2013 2014 2015 2016 2017 2018 2019E 2020E
[Japanrsquos Smartphone Game Market]The market slightly increased year over year around 1 trillion yen
Japanrsquos Smartphone Game Market Yano Research Institute Ltd Market trend and business analysis of smartphone game market 2019-2020Game Market by Country Newzoo 2020 Global Games Market Reaport
Japan has the third largest game market[Game Market by Country]
Rank Country Revenue
1 China 408
2UnitedStates
369
3 Japan 186
4 South Korea 65
5 Germany 59
Unitbillion USD
Unitbillion yen
29
5 Game Business
-16 -01 -02 -01
1726
4355
46 44
93
143
174
103
222
327
367
307 301308
338
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020
338 billion yen (up 99 YoY)FY2020 Forecast 28-30 billion yen Exceeded the upper end of the forecast
[Consolidated OP]
12
2 Results Overview
billion yen
596 660 767 798 804
15391778
1900 1883 1871
1253
1346
1453 16121826267
406
503608
605
297
336
350
370374
19
17
15
1113
3971
4543
4988
52825493
FY2016 FY2017 FY2018 FY2019 FY2020
Investment Development
Headquarters
Other
Game
Internet Ad
Media
215275 308 330 316
253
320 291 272 29953
65 78 85 87
53
48 50 5163
154
213
270 285287
31
14
761
922
9981024
1067
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Advertisement costs
Personnel
A special incentive of 14 billion yen was paid
[SGampA Expenses]
5493 employees
billion yen headcount
[No of Employees]
13
2 Results Overview
Segment reclassification in FY2020 The change is applied from FY2019 retrospectivelyOther Outsourcing expenses RampD expenses entertainment expenses etc
Unit million yen FY2020 FY2019 YoY
Net Sales 478566 453611 55
Gross profit 140648 133300 55
SGampA expenses 106768 102474 42
Operating profit 33880 30825 99
OPM 71 68 03pt
Ordinary profit 33863 30493 111
Extraordinary income 88 1912 -954
Extraordinary loss 5749 12985 -557
Income before income taxes and non-controlling interests
28202 19420 452
Net profit 6608 1694 2899
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc
[PL]
14
2 Results Overview
Unit million yen End of Sept 2020 End of Sept 2019 YoY
Current assets 203674 168662 208
Cash deposits 102368 84565 211
Fixed assets 57047 56172 16
Total assets 260766 224876 160
Current liabilities 87867 70749 242
（Income tax payable） 9458 7014 348
Fixed liabilities 45220 43774 33
Shareholders equity 78466 74015 60
Net assets 127678 110352 157
[BS]
15
2 Results Overview
We maintain a strong financial position
16
FY2021Forecast
October 2020 - September 2021
3 FY2021 Forecast
32 63 108 162267
432601
760870 938 966
1195
1411
1624
2052
2543
3106
3713
4195
4536
4785
5000
-16 -01 -02 -01
17 2643
55 46 44
93
143174
103
222
327
367
307 301 308
338
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021E
Sales
OP
350
Sales 500 billion yen（up 45 YoY）
OP 30~35 billion yen (down 115~up 33 YoY)
Continue up-front investment in ABEMA
billion yen
Invest in blog service
Invest in Smartphone
business
17
300
3 FY2021 Forecast
Unit billion yen FY2020
Minimum Maximum Minimum Maximum
Net Sales 4785
Operating profit 30 35 338 -115 33
Ordinary profit 30 35 338 -114 34
Net profit 8 10 66 211 513
Dividend 37 yen 34 yen
FY2021Forecast
YoY
500 45
88
18
[Business Forecast]
[Dividend Forecast] Expected based on DOE of 5 set as the management index
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc
Dividend of FY2020 (34 yen) We plan to discuss a surplus disposal plan at the annual General meeting of Shareholders to be held in December 2020
3 FY2021 Forecast
Internet Advertisement
19
4 Internet Advertisement Business
20898 20705 2058419768
17848 18105 1812818770 19023
19564 19323 19657 19478 1912318612
10377
4547
1675
1260
37774826
60036983 7069
7747 80628680
938110519
1159413100
15094
17589
21048
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
[Variation in Ad Cost by Media]
05 year over year NIKKEI Advertising Research Institute Forecast for Advertising Expenditure in FY2020（Revised in July 2020）
Internet
TV
Newspapers
Magazines
Radio
Unit billion yen
20
Digital ad spending totaled two trillion yen and surpassed TV ads in 2019
4 Internet Advertisement Business
Variation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
The scale of the market in 2020 is estimated to increase by 05 year over year due to the spread of COVID-19
2012 2013 2014 2015 2016 2017 2018 2019
Growth transition Growth rate based on setting 2012 as ldquo100rdquoVariation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
InternetAd Market
[Market Comparison]
Sales growth outpaces market growth
21
4 Internet Advertisement Business
100
1750
2078
2406
2566
2693
FY2016 FY2017 FY2018 FY2019 FY202022
[Full Year Sales] [Full Year OP]
billion yen
4 Internet Advertisement Business
Increased 50 YoY despite declining ad demand due to COVID-19
A 73 increase YoYOPM 78
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
1513
1812
2084
1963
2107
86 87 8777 78
FY2016 FY2017 FY2018 FY2019 FY2020
OPOPM
billion yen
405436 430
478 486
525510
556576
614 602 613 622
666643 633
673
727
643 649
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
4 Internet Advertisement Business
[Quarterly Sales] Q4 649 billion yen (up 25 YoY)
Sales have bottomed out in Q3 (up 001 YoY) and are on a recovery trend
23
Billion yen
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
358
442
370
427458
513
396
444
552
637
469
424 423
543
504491
566
672
474 452
88 101 8689 94 98
78 8096 104
78 69 6882 78 78 84
9274 70
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
OP
OP Margin
Billion yen
4 Internet Advertisement Business
[Quarterly OP] OP was 45 billion yen OPM 70
Quarterly OP and OPM Special incentives in FY2016 and FY2020 are excluded24
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
Over 500 accounts As of August 18 2020 AI SCORE Sample
極予測AI ldquoKIWAMI Prediction AIrdquo
25
4 Internet Advertisement Business
[Competitive Advantage] Economies of scale and AI are our advantages of ad operations capability
26
Virtual Production Studio ldquoLED STUDIOtraderdquo
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting installed at Kamuro-zaka Studio where CyberAgent own (As of October 2020）
4 Internet Advertisement Business
[Competitive Advantage] We utilize the most advanced technology such as 3DCG in the creative production process
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting
ldquoLED STUDIOTMrdquo will allow you to shoot in the high definition CG space
[Competitive Advantage]
Scale advantage
Operation capability to realizehigh advertising effectiveness
Cutting-edge technology using AI and other technologies
1
2
327
4 Internet Advertisement Business
Game
28
5 Game Business
48
261
560
895925 945
1029
10851138
1192
2011 2012 2013 2014 2015 2016 2017 2018 2019E 2020E
[Japanrsquos Smartphone Game Market]The market slightly increased year over year around 1 trillion yen
Japanrsquos Smartphone Game Market Yano Research Institute Ltd Market trend and business analysis of smartphone game market 2019-2020Game Market by Country Newzoo 2020 Global Games Market Reaport
Japan has the third largest game market[Game Market by Country]
Rank Country Revenue
1 China 408
2UnitedStates
369
3 Japan 186
4 South Korea 65
5 Germany 59
Unitbillion USD
Unitbillion yen
29
5 Game Business
596 660 767 798 804
15391778
1900 1883 1871
1253
1346
1453 16121826267
406
503608
605
297
336
350
370374
19
17
15
1113
3971
4543
4988
52825493
FY2016 FY2017 FY2018 FY2019 FY2020
Investment Development
Headquarters
Other
Game
Internet Ad
Media
215275 308 330 316
253
320 291 272 29953
65 78 85 87
53
48 50 5163
154
213
270 285287
31
14
761
922
9981024
1067
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Advertisement costs
Personnel
A special incentive of 14 billion yen was paid
[SGampA Expenses]
5493 employees
billion yen headcount
[No of Employees]
13
2 Results Overview
Segment reclassification in FY2020 The change is applied from FY2019 retrospectivelyOther Outsourcing expenses RampD expenses entertainment expenses etc
Unit million yen FY2020 FY2019 YoY
Net Sales 478566 453611 55
Gross profit 140648 133300 55
SGampA expenses 106768 102474 42
Operating profit 33880 30825 99
OPM 71 68 03pt
Ordinary profit 33863 30493 111
Extraordinary income 88 1912 -954
Extraordinary loss 5749 12985 -557
Income before income taxes and non-controlling interests
28202 19420 452
Net profit 6608 1694 2899
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc
[PL]
14
2 Results Overview
Unit million yen End of Sept 2020 End of Sept 2019 YoY
Current assets 203674 168662 208
Cash deposits 102368 84565 211
Fixed assets 57047 56172 16
Total assets 260766 224876 160
Current liabilities 87867 70749 242
（Income tax payable） 9458 7014 348
Fixed liabilities 45220 43774 33
Shareholders equity 78466 74015 60
Net assets 127678 110352 157
[BS]
15
2 Results Overview
We maintain a strong financial position
16
FY2021Forecast
October 2020 - September 2021
3 FY2021 Forecast
32 63 108 162267
432601
760870 938 966
1195
1411
1624
2052
2543
3106
3713
4195
4536
4785
5000
-16 -01 -02 -01
17 2643
55 46 44
93
143174
103
222
327
367
307 301 308
338
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021E
Sales
OP
350
Sales 500 billion yen（up 45 YoY）
OP 30~35 billion yen (down 115~up 33 YoY)
Continue up-front investment in ABEMA
billion yen
Invest in blog service
Invest in Smartphone
business
17
300
3 FY2021 Forecast
Unit billion yen FY2020
Minimum Maximum Minimum Maximum
Net Sales 4785
Operating profit 30 35 338 -115 33
Ordinary profit 30 35 338 -114 34
Net profit 8 10 66 211 513
Dividend 37 yen 34 yen
FY2021Forecast
YoY
500 45
88
18
[Business Forecast]
[Dividend Forecast] Expected based on DOE of 5 set as the management index
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc
Dividend of FY2020 (34 yen) We plan to discuss a surplus disposal plan at the annual General meeting of Shareholders to be held in December 2020
3 FY2021 Forecast
Internet Advertisement
19
4 Internet Advertisement Business
20898 20705 2058419768
17848 18105 1812818770 19023
19564 19323 19657 19478 1912318612
10377
4547
1675
1260
37774826
60036983 7069
7747 80628680
938110519
1159413100
15094
17589
21048
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
[Variation in Ad Cost by Media]
05 year over year NIKKEI Advertising Research Institute Forecast for Advertising Expenditure in FY2020（Revised in July 2020）
Internet
TV
Newspapers
Magazines
Radio
Unit billion yen
20
Digital ad spending totaled two trillion yen and surpassed TV ads in 2019
4 Internet Advertisement Business
Variation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
The scale of the market in 2020 is estimated to increase by 05 year over year due to the spread of COVID-19
2012 2013 2014 2015 2016 2017 2018 2019
Growth transition Growth rate based on setting 2012 as ldquo100rdquoVariation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
InternetAd Market
[Market Comparison]
Sales growth outpaces market growth
21
4 Internet Advertisement Business
100
1750
2078
2406
2566
2693
FY2016 FY2017 FY2018 FY2019 FY202022
[Full Year Sales] [Full Year OP]
billion yen
4 Internet Advertisement Business
Increased 50 YoY despite declining ad demand due to COVID-19
A 73 increase YoYOPM 78
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
1513
1812
2084
1963
2107
86 87 8777 78
FY2016 FY2017 FY2018 FY2019 FY2020
OPOPM
billion yen
405436 430
478 486
525510
556576
614 602 613 622
666643 633
673
727
643 649
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
4 Internet Advertisement Business
[Quarterly Sales] Q4 649 billion yen (up 25 YoY)
Sales have bottomed out in Q3 (up 001 YoY) and are on a recovery trend
23
Billion yen
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
358
442
370
427458
513
396
444
552
637
469
424 423
543
504491
566
672
474 452
88 101 8689 94 98
78 8096 104
78 69 6882 78 78 84
9274 70
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
OP
OP Margin
Billion yen
4 Internet Advertisement Business
[Quarterly OP] OP was 45 billion yen OPM 70
Quarterly OP and OPM Special incentives in FY2016 and FY2020 are excluded24
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
Over 500 accounts As of August 18 2020 AI SCORE Sample
極予測AI ldquoKIWAMI Prediction AIrdquo
25
4 Internet Advertisement Business
[Competitive Advantage] Economies of scale and AI are our advantages of ad operations capability
26
Virtual Production Studio ldquoLED STUDIOtraderdquo
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting installed at Kamuro-zaka Studio where CyberAgent own (As of October 2020）
4 Internet Advertisement Business
[Competitive Advantage] We utilize the most advanced technology such as 3DCG in the creative production process
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting
ldquoLED STUDIOTMrdquo will allow you to shoot in the high definition CG space
[Competitive Advantage]
Scale advantage
Operation capability to realizehigh advertising effectiveness
Cutting-edge technology using AI and other technologies
1
2
327
4 Internet Advertisement Business
Game
28
5 Game Business
48
261
560
895925 945
1029
10851138
1192
2011 2012 2013 2014 2015 2016 2017 2018 2019E 2020E
[Japanrsquos Smartphone Game Market]The market slightly increased year over year around 1 trillion yen
Japanrsquos Smartphone Game Market Yano Research Institute Ltd Market trend and business analysis of smartphone game market 2019-2020Game Market by Country Newzoo 2020 Global Games Market Reaport
Japan has the third largest game market[Game Market by Country]
Rank Country Revenue
1 China 408
2UnitedStates
369
3 Japan 186
4 South Korea 65
5 Germany 59
Unitbillion USD
Unitbillion yen
29
5 Game Business
Unit million yen FY2020 FY2019 YoY
Net Sales 478566 453611 55
Gross profit 140648 133300 55
SGampA expenses 106768 102474 42
Operating profit 33880 30825 99
OPM 71 68 03pt
Ordinary profit 33863 30493 111
Extraordinary income 88 1912 -954
Extraordinary loss 5749 12985 -557
Income before income taxes and non-controlling interests
28202 19420 452
Net profit 6608 1694 2899
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc
[PL]
14
2 Results Overview
Unit million yen End of Sept 2020 End of Sept 2019 YoY
Current assets 203674 168662 208
Cash deposits 102368 84565 211
Fixed assets 57047 56172 16
Total assets 260766 224876 160
Current liabilities 87867 70749 242
（Income tax payable） 9458 7014 348
Fixed liabilities 45220 43774 33
Shareholders equity 78466 74015 60
Net assets 127678 110352 157
[BS]
15
2 Results Overview
We maintain a strong financial position
16
FY2021Forecast
October 2020 - September 2021
3 FY2021 Forecast
32 63 108 162267
432601
760870 938 966
1195
1411
1624
2052
2543
3106
3713
4195
4536
4785
5000
-16 -01 -02 -01
17 2643
55 46 44
93
143174
103
222
327
367
307 301 308
338
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021E
Sales
OP
350
Sales 500 billion yen（up 45 YoY）
OP 30~35 billion yen (down 115~up 33 YoY)
Continue up-front investment in ABEMA
billion yen
Invest in blog service
Invest in Smartphone
business
17
300
3 FY2021 Forecast
Unit billion yen FY2020
Minimum Maximum Minimum Maximum
Net Sales 4785
Operating profit 30 35 338 -115 33
Ordinary profit 30 35 338 -114 34
Net profit 8 10 66 211 513
Dividend 37 yen 34 yen
FY2021Forecast
YoY
500 45
88
18
[Business Forecast]
[Dividend Forecast] Expected based on DOE of 5 set as the management index
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc
Dividend of FY2020 (34 yen) We plan to discuss a surplus disposal plan at the annual General meeting of Shareholders to be held in December 2020
3 FY2021 Forecast
Internet Advertisement
19
4 Internet Advertisement Business
20898 20705 2058419768
17848 18105 1812818770 19023
19564 19323 19657 19478 1912318612
10377
4547
1675
1260
37774826
60036983 7069
7747 80628680
938110519
1159413100
15094
17589
21048
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
[Variation in Ad Cost by Media]
05 year over year NIKKEI Advertising Research Institute Forecast for Advertising Expenditure in FY2020（Revised in July 2020）
Internet
TV
Newspapers
Magazines
Radio
Unit billion yen
20
Digital ad spending totaled two trillion yen and surpassed TV ads in 2019
4 Internet Advertisement Business
Variation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
The scale of the market in 2020 is estimated to increase by 05 year over year due to the spread of COVID-19
2012 2013 2014 2015 2016 2017 2018 2019
Growth transition Growth rate based on setting 2012 as ldquo100rdquoVariation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
InternetAd Market
[Market Comparison]
Sales growth outpaces market growth
21
4 Internet Advertisement Business
100
1750
2078
2406
2566
2693
FY2016 FY2017 FY2018 FY2019 FY202022
[Full Year Sales] [Full Year OP]
billion yen
4 Internet Advertisement Business
Increased 50 YoY despite declining ad demand due to COVID-19
A 73 increase YoYOPM 78
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
1513
1812
2084
1963
2107
86 87 8777 78
FY2016 FY2017 FY2018 FY2019 FY2020
OPOPM
billion yen
405436 430
478 486
525510
556576
614 602 613 622
666643 633
673
727
643 649
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
4 Internet Advertisement Business
[Quarterly Sales] Q4 649 billion yen (up 25 YoY)
Sales have bottomed out in Q3 (up 001 YoY) and are on a recovery trend
23
Billion yen
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
358
442
370
427458
513
396
444
552
637
469
424 423
543
504491
566
672
474 452
88 101 8689 94 98
78 8096 104
78 69 6882 78 78 84
9274 70
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
OP
OP Margin
Billion yen
4 Internet Advertisement Business
[Quarterly OP] OP was 45 billion yen OPM 70
Quarterly OP and OPM Special incentives in FY2016 and FY2020 are excluded24
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
Over 500 accounts As of August 18 2020 AI SCORE Sample
極予測AI ldquoKIWAMI Prediction AIrdquo
25
4 Internet Advertisement Business
[Competitive Advantage] Economies of scale and AI are our advantages of ad operations capability
26
Virtual Production Studio ldquoLED STUDIOtraderdquo
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting installed at Kamuro-zaka Studio where CyberAgent own (As of October 2020）
4 Internet Advertisement Business
[Competitive Advantage] We utilize the most advanced technology such as 3DCG in the creative production process
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting
ldquoLED STUDIOTMrdquo will allow you to shoot in the high definition CG space
[Competitive Advantage]
Scale advantage
Operation capability to realizehigh advertising effectiveness
Cutting-edge technology using AI and other technologies
1
2
327
4 Internet Advertisement Business
Game
28
5 Game Business
48
261
560
895925 945
1029
10851138
1192
2011 2012 2013 2014 2015 2016 2017 2018 2019E 2020E
[Japanrsquos Smartphone Game Market]The market slightly increased year over year around 1 trillion yen
Japanrsquos Smartphone Game Market Yano Research Institute Ltd Market trend and business analysis of smartphone game market 2019-2020Game Market by Country Newzoo 2020 Global Games Market Reaport
Japan has the third largest game market[Game Market by Country]
Rank Country Revenue
1 China 408
2UnitedStates
369
3 Japan 186
4 South Korea 65
5 Germany 59
Unitbillion USD
Unitbillion yen
29
5 Game Business
Unit million yen End of Sept 2020 End of Sept 2019 YoY
Current assets 203674 168662 208
Cash deposits 102368 84565 211
Fixed assets 57047 56172 16
Total assets 260766 224876 160
Current liabilities 87867 70749 242
（Income tax payable） 9458 7014 348
Fixed liabilities 45220 43774 33
Shareholders equity 78466 74015 60
Net assets 127678 110352 157
[BS]
15
2 Results Overview
We maintain a strong financial position
16
FY2021Forecast
October 2020 - September 2021
3 FY2021 Forecast
32 63 108 162267
432601
760870 938 966
1195
1411
1624
2052
2543
3106
3713
4195
4536
4785
5000
-16 -01 -02 -01
17 2643
55 46 44
93
143174
103
222
327
367
307 301 308
338
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021E
Sales
OP
350
Sales 500 billion yen（up 45 YoY）
OP 30~35 billion yen (down 115~up 33 YoY)
Continue up-front investment in ABEMA
billion yen
Invest in blog service
Invest in Smartphone
business
17
300
3 FY2021 Forecast
Unit billion yen FY2020
Minimum Maximum Minimum Maximum
Net Sales 4785
Operating profit 30 35 338 -115 33
Ordinary profit 30 35 338 -114 34
Net profit 8 10 66 211 513
Dividend 37 yen 34 yen
FY2021Forecast
YoY
500 45
88
18
[Business Forecast]
[Dividend Forecast] Expected based on DOE of 5 set as the management index
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc
Dividend of FY2020 (34 yen) We plan to discuss a surplus disposal plan at the annual General meeting of Shareholders to be held in December 2020
3 FY2021 Forecast
Internet Advertisement
19
4 Internet Advertisement Business
20898 20705 2058419768
17848 18105 1812818770 19023
19564 19323 19657 19478 1912318612
10377
4547
1675
1260
37774826
60036983 7069
7747 80628680
938110519
1159413100
15094
17589
21048
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
[Variation in Ad Cost by Media]
05 year over year NIKKEI Advertising Research Institute Forecast for Advertising Expenditure in FY2020（Revised in July 2020）
Internet
TV
Newspapers
Magazines
Radio
Unit billion yen
20
Digital ad spending totaled two trillion yen and surpassed TV ads in 2019
4 Internet Advertisement Business
Variation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
The scale of the market in 2020 is estimated to increase by 05 year over year due to the spread of COVID-19
2012 2013 2014 2015 2016 2017 2018 2019
Growth transition Growth rate based on setting 2012 as ldquo100rdquoVariation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
InternetAd Market
[Market Comparison]
Sales growth outpaces market growth
21
4 Internet Advertisement Business
100
1750
2078
2406
2566
2693
FY2016 FY2017 FY2018 FY2019 FY202022
[Full Year Sales] [Full Year OP]
billion yen
4 Internet Advertisement Business
Increased 50 YoY despite declining ad demand due to COVID-19
A 73 increase YoYOPM 78
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
1513
1812
2084
1963
2107
86 87 8777 78
FY2016 FY2017 FY2018 FY2019 FY2020
OPOPM
billion yen
405436 430
478 486
525510
556576
614 602 613 622
666643 633
673
727
643 649
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
4 Internet Advertisement Business
[Quarterly Sales] Q4 649 billion yen (up 25 YoY)
Sales have bottomed out in Q3 (up 001 YoY) and are on a recovery trend
23
Billion yen
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
358
442
370
427458
513
396
444
552
637
469
424 423
543
504491
566
672
474 452
88 101 8689 94 98
78 8096 104
78 69 6882 78 78 84
9274 70
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
OP
OP Margin
Billion yen
4 Internet Advertisement Business
[Quarterly OP] OP was 45 billion yen OPM 70
Quarterly OP and OPM Special incentives in FY2016 and FY2020 are excluded24
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
Over 500 accounts As of August 18 2020 AI SCORE Sample
極予測AI ldquoKIWAMI Prediction AIrdquo
25
4 Internet Advertisement Business
[Competitive Advantage] Economies of scale and AI are our advantages of ad operations capability
26
Virtual Production Studio ldquoLED STUDIOtraderdquo
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting installed at Kamuro-zaka Studio where CyberAgent own (As of October 2020）
4 Internet Advertisement Business
[Competitive Advantage] We utilize the most advanced technology such as 3DCG in the creative production process
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting
ldquoLED STUDIOTMrdquo will allow you to shoot in the high definition CG space
[Competitive Advantage]
Scale advantage
Operation capability to realizehigh advertising effectiveness
Cutting-edge technology using AI and other technologies
1
2
327
4 Internet Advertisement Business
Game
28
5 Game Business
48
261
560
895925 945
1029
10851138
1192
2011 2012 2013 2014 2015 2016 2017 2018 2019E 2020E
[Japanrsquos Smartphone Game Market]The market slightly increased year over year around 1 trillion yen
Japanrsquos Smartphone Game Market Yano Research Institute Ltd Market trend and business analysis of smartphone game market 2019-2020Game Market by Country Newzoo 2020 Global Games Market Reaport
Japan has the third largest game market[Game Market by Country]
Rank Country Revenue
1 China 408
2UnitedStates
369
3 Japan 186
4 South Korea 65
5 Germany 59
Unitbillion USD
Unitbillion yen
29
5 Game Business
16
FY2021Forecast
October 2020 - September 2021
3 FY2021 Forecast
32 63 108 162267
432601
760870 938 966
1195
1411
1624
2052
2543
3106
3713
4195
4536
4785
5000
-16 -01 -02 -01
17 2643
55 46 44
93
143174
103
222
327
367
307 301 308
338
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021E
Sales
OP
350
Sales 500 billion yen（up 45 YoY）
OP 30~35 billion yen (down 115~up 33 YoY)
Continue up-front investment in ABEMA
billion yen
Invest in blog service
Invest in Smartphone
business
17
300
3 FY2021 Forecast
Unit billion yen FY2020
Minimum Maximum Minimum Maximum
Net Sales 4785
Operating profit 30 35 338 -115 33
Ordinary profit 30 35 338 -114 34
Net profit 8 10 66 211 513
Dividend 37 yen 34 yen
FY2021Forecast
YoY
500 45
88
18
[Business Forecast]
[Dividend Forecast] Expected based on DOE of 5 set as the management index
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc
Dividend of FY2020 (34 yen) We plan to discuss a surplus disposal plan at the annual General meeting of Shareholders to be held in December 2020
3 FY2021 Forecast
Internet Advertisement
19
4 Internet Advertisement Business
20898 20705 2058419768
17848 18105 1812818770 19023
19564 19323 19657 19478 1912318612
10377
4547
1675
1260
37774826
60036983 7069
7747 80628680
938110519
1159413100
15094
17589
21048
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
[Variation in Ad Cost by Media]
05 year over year NIKKEI Advertising Research Institute Forecast for Advertising Expenditure in FY2020（Revised in July 2020）
Internet
TV
Newspapers
Magazines
Radio
Unit billion yen
20
Digital ad spending totaled two trillion yen and surpassed TV ads in 2019
4 Internet Advertisement Business
Variation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
The scale of the market in 2020 is estimated to increase by 05 year over year due to the spread of COVID-19
2012 2013 2014 2015 2016 2017 2018 2019
Growth transition Growth rate based on setting 2012 as ldquo100rdquoVariation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
InternetAd Market
[Market Comparison]
Sales growth outpaces market growth
21
4 Internet Advertisement Business
100
1750
2078
2406
2566
2693
FY2016 FY2017 FY2018 FY2019 FY202022
[Full Year Sales] [Full Year OP]
billion yen
4 Internet Advertisement Business
Increased 50 YoY despite declining ad demand due to COVID-19
A 73 increase YoYOPM 78
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
1513
1812
2084
1963
2107
86 87 8777 78
FY2016 FY2017 FY2018 FY2019 FY2020
OPOPM
billion yen
405436 430
478 486
525510
556576
614 602 613 622
666643 633
673
727
643 649
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
4 Internet Advertisement Business
[Quarterly Sales] Q4 649 billion yen (up 25 YoY)
Sales have bottomed out in Q3 (up 001 YoY) and are on a recovery trend
23
Billion yen
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
358
442
370
427458
513
396
444
552
637
469
424 423
543
504491
566
672
474 452
88 101 8689 94 98
78 8096 104
78 69 6882 78 78 84
9274 70
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
OP
OP Margin
Billion yen
4 Internet Advertisement Business
[Quarterly OP] OP was 45 billion yen OPM 70
Quarterly OP and OPM Special incentives in FY2016 and FY2020 are excluded24
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
Over 500 accounts As of August 18 2020 AI SCORE Sample
極予測AI ldquoKIWAMI Prediction AIrdquo
25
4 Internet Advertisement Business
[Competitive Advantage] Economies of scale and AI are our advantages of ad operations capability
26
Virtual Production Studio ldquoLED STUDIOtraderdquo
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting installed at Kamuro-zaka Studio where CyberAgent own (As of October 2020）
4 Internet Advertisement Business
[Competitive Advantage] We utilize the most advanced technology such as 3DCG in the creative production process
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting
ldquoLED STUDIOTMrdquo will allow you to shoot in the high definition CG space
[Competitive Advantage]
Scale advantage
Operation capability to realizehigh advertising effectiveness
Cutting-edge technology using AI and other technologies
1
2
327
4 Internet Advertisement Business
Game
28
5 Game Business
48
261
560
895925 945
1029
10851138
1192
2011 2012 2013 2014 2015 2016 2017 2018 2019E 2020E
[Japanrsquos Smartphone Game Market]The market slightly increased year over year around 1 trillion yen
Japanrsquos Smartphone Game Market Yano Research Institute Ltd Market trend and business analysis of smartphone game market 2019-2020Game Market by Country Newzoo 2020 Global Games Market Reaport
Japan has the third largest game market[Game Market by Country]
Rank Country Revenue
1 China 408
2UnitedStates
369
3 Japan 186
4 South Korea 65
5 Germany 59
Unitbillion USD
Unitbillion yen
29
5 Game Business
32 63 108 162267
432601
760870 938 966
1195
1411
1624
2052
2543
3106
3713
4195
4536
4785
5000
-16 -01 -02 -01
17 2643
55 46 44
93
143174
103
222
327
367
307 301 308
338
FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021E
Sales
OP
350
Sales 500 billion yen（up 45 YoY）
OP 30~35 billion yen (down 115~up 33 YoY)
Continue up-front investment in ABEMA
billion yen
Invest in blog service
Invest in Smartphone
business
17
300
3 FY2021 Forecast
Unit billion yen FY2020
Minimum Maximum Minimum Maximum
Net Sales 4785
Operating profit 30 35 338 -115 33
Ordinary profit 30 35 338 -114 34
Net profit 8 10 66 211 513
Dividend 37 yen 34 yen
FY2021Forecast
YoY
500 45
88
18
[Business Forecast]
[Dividend Forecast] Expected based on DOE of 5 set as the management index
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc
Dividend of FY2020 (34 yen) We plan to discuss a surplus disposal plan at the annual General meeting of Shareholders to be held in December 2020
3 FY2021 Forecast
Internet Advertisement
19
4 Internet Advertisement Business
20898 20705 2058419768
17848 18105 1812818770 19023
19564 19323 19657 19478 1912318612
10377
4547
1675
1260
37774826
60036983 7069
7747 80628680
938110519
1159413100
15094
17589
21048
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
[Variation in Ad Cost by Media]
05 year over year NIKKEI Advertising Research Institute Forecast for Advertising Expenditure in FY2020（Revised in July 2020）
Internet
TV
Newspapers
Magazines
Radio
Unit billion yen
20
Digital ad spending totaled two trillion yen and surpassed TV ads in 2019
4 Internet Advertisement Business
Variation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
The scale of the market in 2020 is estimated to increase by 05 year over year due to the spread of COVID-19
2012 2013 2014 2015 2016 2017 2018 2019
Growth transition Growth rate based on setting 2012 as ldquo100rdquoVariation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
InternetAd Market
[Market Comparison]
Sales growth outpaces market growth
21
4 Internet Advertisement Business
100
1750
2078
2406
2566
2693
FY2016 FY2017 FY2018 FY2019 FY202022
[Full Year Sales] [Full Year OP]
billion yen
4 Internet Advertisement Business
Increased 50 YoY despite declining ad demand due to COVID-19
A 73 increase YoYOPM 78
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
1513
1812
2084
1963
2107
86 87 8777 78
FY2016 FY2017 FY2018 FY2019 FY2020
OPOPM
billion yen
405436 430
478 486
525510
556576
614 602 613 622
666643 633
673
727
643 649
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
4 Internet Advertisement Business
[Quarterly Sales] Q4 649 billion yen (up 25 YoY)
Sales have bottomed out in Q3 (up 001 YoY) and are on a recovery trend
23
Billion yen
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
358
442
370
427458
513
396
444
552
637
469
424 423
543
504491
566
672
474 452
88 101 8689 94 98
78 8096 104
78 69 6882 78 78 84
9274 70
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
OP
OP Margin
Billion yen
4 Internet Advertisement Business
[Quarterly OP] OP was 45 billion yen OPM 70
Quarterly OP and OPM Special incentives in FY2016 and FY2020 are excluded24
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
Over 500 accounts As of August 18 2020 AI SCORE Sample
極予測AI ldquoKIWAMI Prediction AIrdquo
25
4 Internet Advertisement Business
[Competitive Advantage] Economies of scale and AI are our advantages of ad operations capability
26
Virtual Production Studio ldquoLED STUDIOtraderdquo
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting installed at Kamuro-zaka Studio where CyberAgent own (As of October 2020）
4 Internet Advertisement Business
[Competitive Advantage] We utilize the most advanced technology such as 3DCG in the creative production process
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting
ldquoLED STUDIOTMrdquo will allow you to shoot in the high definition CG space
[Competitive Advantage]
Scale advantage
Operation capability to realizehigh advertising effectiveness
Cutting-edge technology using AI and other technologies
1
2
327
4 Internet Advertisement Business
Game
28
5 Game Business
48
261
560
895925 945
1029
10851138
1192
2011 2012 2013 2014 2015 2016 2017 2018 2019E 2020E
[Japanrsquos Smartphone Game Market]The market slightly increased year over year around 1 trillion yen
Japanrsquos Smartphone Game Market Yano Research Institute Ltd Market trend and business analysis of smartphone game market 2019-2020Game Market by Country Newzoo 2020 Global Games Market Reaport
Japan has the third largest game market[Game Market by Country]
Rank Country Revenue
1 China 408
2UnitedStates
369
3 Japan 186
4 South Korea 65
5 Germany 59
Unitbillion USD
Unitbillion yen
29
5 Game Business
Unit billion yen FY2020
Minimum Maximum Minimum Maximum
Net Sales 4785
Operating profit 30 35 338 -115 33
Ordinary profit 30 35 338 -114 34
Net profit 8 10 66 211 513
Dividend 37 yen 34 yen
FY2021Forecast
YoY
500 45
88
18
[Business Forecast]
[Dividend Forecast] Expected based on DOE of 5 set as the management index
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc
Dividend of FY2020 (34 yen) We plan to discuss a surplus disposal plan at the annual General meeting of Shareholders to be held in December 2020
3 FY2021 Forecast
Internet Advertisement
19
4 Internet Advertisement Business
20898 20705 2058419768
17848 18105 1812818770 19023
19564 19323 19657 19478 1912318612
10377
4547
1675
1260
37774826
60036983 7069
7747 80628680
938110519
1159413100
15094
17589
21048
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
[Variation in Ad Cost by Media]
05 year over year NIKKEI Advertising Research Institute Forecast for Advertising Expenditure in FY2020（Revised in July 2020）
Internet
TV
Newspapers
Magazines
Radio
Unit billion yen
20
Digital ad spending totaled two trillion yen and surpassed TV ads in 2019
4 Internet Advertisement Business
Variation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
The scale of the market in 2020 is estimated to increase by 05 year over year due to the spread of COVID-19
2012 2013 2014 2015 2016 2017 2018 2019
Growth transition Growth rate based on setting 2012 as ldquo100rdquoVariation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
InternetAd Market
[Market Comparison]
Sales growth outpaces market growth
21
4 Internet Advertisement Business
100
1750
2078
2406
2566
2693
FY2016 FY2017 FY2018 FY2019 FY202022
[Full Year Sales] [Full Year OP]
billion yen
4 Internet Advertisement Business
Increased 50 YoY despite declining ad demand due to COVID-19
A 73 increase YoYOPM 78
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
1513
1812
2084
1963
2107
86 87 8777 78
FY2016 FY2017 FY2018 FY2019 FY2020
OPOPM
billion yen
405436 430
478 486
525510
556576
614 602 613 622
666643 633
673
727
643 649
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
4 Internet Advertisement Business
[Quarterly Sales] Q4 649 billion yen (up 25 YoY)
Sales have bottomed out in Q3 (up 001 YoY) and are on a recovery trend
23
Billion yen
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
358
442
370
427458
513
396
444
552
637
469
424 423
543
504491
566
672
474 452
88 101 8689 94 98
78 8096 104
78 69 6882 78 78 84
9274 70
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
OP
OP Margin
Billion yen
4 Internet Advertisement Business
[Quarterly OP] OP was 45 billion yen OPM 70
Quarterly OP and OPM Special incentives in FY2016 and FY2020 are excluded24
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
Over 500 accounts As of August 18 2020 AI SCORE Sample
極予測AI ldquoKIWAMI Prediction AIrdquo
25
4 Internet Advertisement Business
[Competitive Advantage] Economies of scale and AI are our advantages of ad operations capability
26
Virtual Production Studio ldquoLED STUDIOtraderdquo
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting installed at Kamuro-zaka Studio where CyberAgent own (As of October 2020）
4 Internet Advertisement Business
[Competitive Advantage] We utilize the most advanced technology such as 3DCG in the creative production process
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting
ldquoLED STUDIOTMrdquo will allow you to shoot in the high definition CG space
[Competitive Advantage]
Scale advantage
Operation capability to realizehigh advertising effectiveness
Cutting-edge technology using AI and other technologies
1
2
327
4 Internet Advertisement Business
Game
28
5 Game Business
48
261
560
895925 945
1029
10851138
1192
2011 2012 2013 2014 2015 2016 2017 2018 2019E 2020E
[Japanrsquos Smartphone Game Market]The market slightly increased year over year around 1 trillion yen
Japanrsquos Smartphone Game Market Yano Research Institute Ltd Market trend and business analysis of smartphone game market 2019-2020Game Market by Country Newzoo 2020 Global Games Market Reaport
Japan has the third largest game market[Game Market by Country]
Rank Country Revenue
1 China 408
2UnitedStates
369
3 Japan 186
4 South Korea 65
5 Germany 59
Unitbillion USD
Unitbillion yen
29
5 Game Business
Internet Advertisement
19
4 Internet Advertisement Business
20898 20705 2058419768
17848 18105 1812818770 19023
19564 19323 19657 19478 1912318612
10377
4547
1675
1260
37774826
60036983 7069
7747 80628680
938110519
1159413100
15094
17589
21048
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
[Variation in Ad Cost by Media]
05 year over year NIKKEI Advertising Research Institute Forecast for Advertising Expenditure in FY2020（Revised in July 2020）
Internet
TV
Newspapers
Magazines
Radio
Unit billion yen
20
Digital ad spending totaled two trillion yen and surpassed TV ads in 2019
4 Internet Advertisement Business
Variation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
The scale of the market in 2020 is estimated to increase by 05 year over year due to the spread of COVID-19
2012 2013 2014 2015 2016 2017 2018 2019
Growth transition Growth rate based on setting 2012 as ldquo100rdquoVariation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
InternetAd Market
[Market Comparison]
Sales growth outpaces market growth
21
4 Internet Advertisement Business
100
1750
2078
2406
2566
2693
FY2016 FY2017 FY2018 FY2019 FY202022
[Full Year Sales] [Full Year OP]
billion yen
4 Internet Advertisement Business
Increased 50 YoY despite declining ad demand due to COVID-19
A 73 increase YoYOPM 78
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
1513
1812
2084
1963
2107
86 87 8777 78
FY2016 FY2017 FY2018 FY2019 FY2020
OPOPM
billion yen
405436 430
478 486
525510
556576
614 602 613 622
666643 633
673
727
643 649
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
4 Internet Advertisement Business
[Quarterly Sales] Q4 649 billion yen (up 25 YoY)
Sales have bottomed out in Q3 (up 001 YoY) and are on a recovery trend
23
Billion yen
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
358
442
370
427458
513
396
444
552
637
469
424 423
543
504491
566
672
474 452
88 101 8689 94 98
78 8096 104
78 69 6882 78 78 84
9274 70
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
OP
OP Margin
Billion yen
4 Internet Advertisement Business
[Quarterly OP] OP was 45 billion yen OPM 70
Quarterly OP and OPM Special incentives in FY2016 and FY2020 are excluded24
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
Over 500 accounts As of August 18 2020 AI SCORE Sample
極予測AI ldquoKIWAMI Prediction AIrdquo
25
4 Internet Advertisement Business
[Competitive Advantage] Economies of scale and AI are our advantages of ad operations capability
26
Virtual Production Studio ldquoLED STUDIOtraderdquo
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting installed at Kamuro-zaka Studio where CyberAgent own (As of October 2020）
4 Internet Advertisement Business
[Competitive Advantage] We utilize the most advanced technology such as 3DCG in the creative production process
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting
ldquoLED STUDIOTMrdquo will allow you to shoot in the high definition CG space
[Competitive Advantage]
Scale advantage
Operation capability to realizehigh advertising effectiveness
Cutting-edge technology using AI and other technologies
1
2
327
4 Internet Advertisement Business
Game
28
5 Game Business
48
261
560
895925 945
1029
10851138
1192
2011 2012 2013 2014 2015 2016 2017 2018 2019E 2020E
[Japanrsquos Smartphone Game Market]The market slightly increased year over year around 1 trillion yen
Japanrsquos Smartphone Game Market Yano Research Institute Ltd Market trend and business analysis of smartphone game market 2019-2020Game Market by Country Newzoo 2020 Global Games Market Reaport
Japan has the third largest game market[Game Market by Country]
Rank Country Revenue
1 China 408
2UnitedStates
369
3 Japan 186
4 South Korea 65
5 Germany 59
Unitbillion USD
Unitbillion yen
29
5 Game Business
20898 20705 2058419768
17848 18105 1812818770 19023
19564 19323 19657 19478 1912318612
10377
4547
1675
1260
37774826
60036983 7069
7747 80628680
938110519
1159413100
15094
17589
21048
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
[Variation in Ad Cost by Media]
05 year over year NIKKEI Advertising Research Institute Forecast for Advertising Expenditure in FY2020（Revised in July 2020）
Internet
TV
Newspapers
Magazines
Radio
Unit billion yen
20
Digital ad spending totaled two trillion yen and surpassed TV ads in 2019
4 Internet Advertisement Business
Variation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
The scale of the market in 2020 is estimated to increase by 05 year over year due to the spread of COVID-19
2012 2013 2014 2015 2016 2017 2018 2019
Growth transition Growth rate based on setting 2012 as ldquo100rdquoVariation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
InternetAd Market
[Market Comparison]
Sales growth outpaces market growth
21
4 Internet Advertisement Business
100
1750
2078
2406
2566
2693
FY2016 FY2017 FY2018 FY2019 FY202022
[Full Year Sales] [Full Year OP]
billion yen
4 Internet Advertisement Business
Increased 50 YoY despite declining ad demand due to COVID-19
A 73 increase YoYOPM 78
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
1513
1812
2084
1963
2107
86 87 8777 78
FY2016 FY2017 FY2018 FY2019 FY2020
OPOPM
billion yen
405436 430
478 486
525510
556576
614 602 613 622
666643 633
673
727
643 649
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
4 Internet Advertisement Business
[Quarterly Sales] Q4 649 billion yen (up 25 YoY)
Sales have bottomed out in Q3 (up 001 YoY) and are on a recovery trend
23
Billion yen
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
358
442
370
427458
513
396
444
552
637
469
424 423
543
504491
566
672
474 452
88 101 8689 94 98
78 8096 104
78 69 6882 78 78 84
9274 70
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
OP
OP Margin
Billion yen
4 Internet Advertisement Business
[Quarterly OP] OP was 45 billion yen OPM 70
Quarterly OP and OPM Special incentives in FY2016 and FY2020 are excluded24
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
Over 500 accounts As of August 18 2020 AI SCORE Sample
極予測AI ldquoKIWAMI Prediction AIrdquo
25
4 Internet Advertisement Business
[Competitive Advantage] Economies of scale and AI are our advantages of ad operations capability
26
Virtual Production Studio ldquoLED STUDIOtraderdquo
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting installed at Kamuro-zaka Studio where CyberAgent own (As of October 2020）
4 Internet Advertisement Business
[Competitive Advantage] We utilize the most advanced technology such as 3DCG in the creative production process
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting
ldquoLED STUDIOTMrdquo will allow you to shoot in the high definition CG space
[Competitive Advantage]
Scale advantage
Operation capability to realizehigh advertising effectiveness
Cutting-edge technology using AI and other technologies
1
2
327
4 Internet Advertisement Business
Game
28
5 Game Business
48
261
560
895925 945
1029
10851138
1192
2011 2012 2013 2014 2015 2016 2017 2018 2019E 2020E
[Japanrsquos Smartphone Game Market]The market slightly increased year over year around 1 trillion yen
Japanrsquos Smartphone Game Market Yano Research Institute Ltd Market trend and business analysis of smartphone game market 2019-2020Game Market by Country Newzoo 2020 Global Games Market Reaport
Japan has the third largest game market[Game Market by Country]
Rank Country Revenue
1 China 408
2UnitedStates
369
3 Japan 186
4 South Korea 65
5 Germany 59
Unitbillion USD
Unitbillion yen
29
5 Game Business
2012 2013 2014 2015 2016 2017 2018 2019
Growth transition Growth rate based on setting 2012 as ldquo100rdquoVariation in Ad Cost by Media Dentsu Inc ldquo2019 Advertising Expenditures in Japanrdquo
InternetAd Market
[Market Comparison]
Sales growth outpaces market growth
21
4 Internet Advertisement Business
100
1750
2078
2406
2566
2693
FY2016 FY2017 FY2018 FY2019 FY202022
[Full Year Sales] [Full Year OP]
billion yen
4 Internet Advertisement Business
Increased 50 YoY despite declining ad demand due to COVID-19
A 73 increase YoYOPM 78
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
1513
1812
2084
1963
2107
86 87 8777 78
FY2016 FY2017 FY2018 FY2019 FY2020
OPOPM
billion yen
405436 430
478 486
525510
556576
614 602 613 622
666643 633
673
727
643 649
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
4 Internet Advertisement Business
[Quarterly Sales] Q4 649 billion yen (up 25 YoY)
Sales have bottomed out in Q3 (up 001 YoY) and are on a recovery trend
23
Billion yen
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
358
442
370
427458
513
396
444
552
637
469
424 423
543
504491
566
672
474 452
88 101 8689 94 98
78 8096 104
78 69 6882 78 78 84
9274 70
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
OP
OP Margin
Billion yen
4 Internet Advertisement Business
[Quarterly OP] OP was 45 billion yen OPM 70
Quarterly OP and OPM Special incentives in FY2016 and FY2020 are excluded24
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
Over 500 accounts As of August 18 2020 AI SCORE Sample
極予測AI ldquoKIWAMI Prediction AIrdquo
25
4 Internet Advertisement Business
[Competitive Advantage] Economies of scale and AI are our advantages of ad operations capability
26
Virtual Production Studio ldquoLED STUDIOtraderdquo
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting installed at Kamuro-zaka Studio where CyberAgent own (As of October 2020）
4 Internet Advertisement Business
[Competitive Advantage] We utilize the most advanced technology such as 3DCG in the creative production process
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting
ldquoLED STUDIOTMrdquo will allow you to shoot in the high definition CG space
[Competitive Advantage]
Scale advantage
Operation capability to realizehigh advertising effectiveness
Cutting-edge technology using AI and other technologies
1
2
327
4 Internet Advertisement Business
Game
28
5 Game Business
48
261
560
895925 945
1029
10851138
1192
2011 2012 2013 2014 2015 2016 2017 2018 2019E 2020E
[Japanrsquos Smartphone Game Market]The market slightly increased year over year around 1 trillion yen
Japanrsquos Smartphone Game Market Yano Research Institute Ltd Market trend and business analysis of smartphone game market 2019-2020Game Market by Country Newzoo 2020 Global Games Market Reaport
Japan has the third largest game market[Game Market by Country]
Rank Country Revenue
1 China 408
2UnitedStates
369
3 Japan 186
4 South Korea 65
5 Germany 59
Unitbillion USD
Unitbillion yen
29
5 Game Business
1750
2078
2406
2566
2693
FY2016 FY2017 FY2018 FY2019 FY202022
[Full Year Sales] [Full Year OP]
billion yen
4 Internet Advertisement Business
Increased 50 YoY despite declining ad demand due to COVID-19
A 73 increase YoYOPM 78
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
1513
1812
2084
1963
2107
86 87 8777 78
FY2016 FY2017 FY2018 FY2019 FY2020
OPOPM
billion yen
405436 430
478 486
525510
556576
614 602 613 622
666643 633
673
727
643 649
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
4 Internet Advertisement Business
[Quarterly Sales] Q4 649 billion yen (up 25 YoY)
Sales have bottomed out in Q3 (up 001 YoY) and are on a recovery trend
23
Billion yen
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
358
442
370
427458
513
396
444
552
637
469
424 423
543
504491
566
672
474 452
88 101 8689 94 98
78 8096 104
78 69 6882 78 78 84
9274 70
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
OP
OP Margin
Billion yen
4 Internet Advertisement Business
[Quarterly OP] OP was 45 billion yen OPM 70
Quarterly OP and OPM Special incentives in FY2016 and FY2020 are excluded24
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
Over 500 accounts As of August 18 2020 AI SCORE Sample
極予測AI ldquoKIWAMI Prediction AIrdquo
25
4 Internet Advertisement Business
[Competitive Advantage] Economies of scale and AI are our advantages of ad operations capability
26
Virtual Production Studio ldquoLED STUDIOtraderdquo
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting installed at Kamuro-zaka Studio where CyberAgent own (As of October 2020）
4 Internet Advertisement Business
[Competitive Advantage] We utilize the most advanced technology such as 3DCG in the creative production process
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting
ldquoLED STUDIOTMrdquo will allow you to shoot in the high definition CG space
[Competitive Advantage]
Scale advantage
Operation capability to realizehigh advertising effectiveness
Cutting-edge technology using AI and other technologies
1
2
327
4 Internet Advertisement Business
Game
28
5 Game Business
48
261
560
895925 945
1029
10851138
1192
2011 2012 2013 2014 2015 2016 2017 2018 2019E 2020E
[Japanrsquos Smartphone Game Market]The market slightly increased year over year around 1 trillion yen
Japanrsquos Smartphone Game Market Yano Research Institute Ltd Market trend and business analysis of smartphone game market 2019-2020Game Market by Country Newzoo 2020 Global Games Market Reaport
Japan has the third largest game market[Game Market by Country]
Rank Country Revenue
1 China 408
2UnitedStates
369
3 Japan 186
4 South Korea 65
5 Germany 59
Unitbillion USD
Unitbillion yen
29
5 Game Business
405436 430
478 486
525510
556576
614 602 613 622
666643 633
673
727
643 649
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
4 Internet Advertisement Business
[Quarterly Sales] Q4 649 billion yen (up 25 YoY)
Sales have bottomed out in Q3 (up 001 YoY) and are on a recovery trend
23
Billion yen
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
358
442
370
427458
513
396
444
552
637
469
424 423
543
504491
566
672
474 452
88 101 8689 94 98
78 8096 104
78 69 6882 78 78 84
9274 70
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
OP
OP Margin
Billion yen
4 Internet Advertisement Business
[Quarterly OP] OP was 45 billion yen OPM 70
Quarterly OP and OPM Special incentives in FY2016 and FY2020 are excluded24
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
Over 500 accounts As of August 18 2020 AI SCORE Sample
極予測AI ldquoKIWAMI Prediction AIrdquo
25
4 Internet Advertisement Business
[Competitive Advantage] Economies of scale and AI are our advantages of ad operations capability
26
Virtual Production Studio ldquoLED STUDIOtraderdquo
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting installed at Kamuro-zaka Studio where CyberAgent own (As of October 2020）
4 Internet Advertisement Business
[Competitive Advantage] We utilize the most advanced technology such as 3DCG in the creative production process
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting
ldquoLED STUDIOTMrdquo will allow you to shoot in the high definition CG space
[Competitive Advantage]
Scale advantage
Operation capability to realizehigh advertising effectiveness
Cutting-edge technology using AI and other technologies
1
2
327
4 Internet Advertisement Business
Game
28
5 Game Business
48
261
560
895925 945
1029
10851138
1192
2011 2012 2013 2014 2015 2016 2017 2018 2019E 2020E
[Japanrsquos Smartphone Game Market]The market slightly increased year over year around 1 trillion yen
Japanrsquos Smartphone Game Market Yano Research Institute Ltd Market trend and business analysis of smartphone game market 2019-2020Game Market by Country Newzoo 2020 Global Games Market Reaport
Japan has the third largest game market[Game Market by Country]
Rank Country Revenue
1 China 408
2UnitedStates
369
3 Japan 186
4 South Korea 65
5 Germany 59
Unitbillion USD
Unitbillion yen
29
5 Game Business
358
442
370
427458
513
396
444
552
637
469
424 423
543
504491
566
672
474 452
88 101 8689 94 98
78 8096 104
78 69 6882 78 78 84
9274 70
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
OP
OP Margin
Billion yen
4 Internet Advertisement Business
[Quarterly OP] OP was 45 billion yen OPM 70
Quarterly OP and OPM Special incentives in FY2016 and FY2020 are excluded24
FY2020 Segment reclassification Some EC businesses that were included in Internet Advertisement Business have transferred to Media business and the change is applied from FY2016 retrospectively
Over 500 accounts As of August 18 2020 AI SCORE Sample
極予測AI ldquoKIWAMI Prediction AIrdquo
25
4 Internet Advertisement Business
[Competitive Advantage] Economies of scale and AI are our advantages of ad operations capability
26
Virtual Production Studio ldquoLED STUDIOtraderdquo
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting installed at Kamuro-zaka Studio where CyberAgent own (As of October 2020）
4 Internet Advertisement Business
[Competitive Advantage] We utilize the most advanced technology such as 3DCG in the creative production process
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting
ldquoLED STUDIOTMrdquo will allow you to shoot in the high definition CG space
[Competitive Advantage]
Scale advantage
Operation capability to realizehigh advertising effectiveness
Cutting-edge technology using AI and other technologies
1
2
327
4 Internet Advertisement Business
Game
28
5 Game Business
48
261
560
895925 945
1029
10851138
1192
2011 2012 2013 2014 2015 2016 2017 2018 2019E 2020E
[Japanrsquos Smartphone Game Market]The market slightly increased year over year around 1 trillion yen
Japanrsquos Smartphone Game Market Yano Research Institute Ltd Market trend and business analysis of smartphone game market 2019-2020Game Market by Country Newzoo 2020 Global Games Market Reaport
Japan has the third largest game market[Game Market by Country]
Rank Country Revenue
1 China 408
2UnitedStates
369
3 Japan 186
4 South Korea 65
5 Germany 59
Unitbillion USD
Unitbillion yen
29
5 Game Business
Over 500 accounts As of August 18 2020 AI SCORE Sample
極予測AI ldquoKIWAMI Prediction AIrdquo
25
4 Internet Advertisement Business
[Competitive Advantage] Economies of scale and AI are our advantages of ad operations capability
26
Virtual Production Studio ldquoLED STUDIOtraderdquo
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting installed at Kamuro-zaka Studio where CyberAgent own (As of October 2020）
4 Internet Advertisement Business
[Competitive Advantage] We utilize the most advanced technology such as 3DCG in the creative production process
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting
ldquoLED STUDIOTMrdquo will allow you to shoot in the high definition CG space
[Competitive Advantage]
Scale advantage
Operation capability to realizehigh advertising effectiveness
Cutting-edge technology using AI and other technologies
1
2
327
4 Internet Advertisement Business
Game
28
5 Game Business
48
261
560
895925 945
1029
10851138
1192
2011 2012 2013 2014 2015 2016 2017 2018 2019E 2020E
[Japanrsquos Smartphone Game Market]The market slightly increased year over year around 1 trillion yen
Japanrsquos Smartphone Game Market Yano Research Institute Ltd Market trend and business analysis of smartphone game market 2019-2020Game Market by Country Newzoo 2020 Global Games Market Reaport
Japan has the third largest game market[Game Market by Country]
Rank Country Revenue
1 China 408
2UnitedStates
369
3 Japan 186
4 South Korea 65
5 Germany 59
Unitbillion USD
Unitbillion yen
29
5 Game Business
26
Virtual Production Studio ldquoLED STUDIOtraderdquo
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting installed at Kamuro-zaka Studio where CyberAgent own (As of October 2020）
4 Internet Advertisement Business
[Competitive Advantage] We utilize the most advanced technology such as 3DCG in the creative production process
The First Production Studio in Japan Equipped with Big LED Wall amp LED Lighting
ldquoLED STUDIOTMrdquo will allow you to shoot in the high definition CG space
[Competitive Advantage]
Scale advantage
Operation capability to realizehigh advertising effectiveness
Cutting-edge technology using AI and other technologies
1
2
327
4 Internet Advertisement Business
Game
28
5 Game Business
48
261
560
895925 945
1029
10851138
1192
2011 2012 2013 2014 2015 2016 2017 2018 2019E 2020E
[Japanrsquos Smartphone Game Market]The market slightly increased year over year around 1 trillion yen
Japanrsquos Smartphone Game Market Yano Research Institute Ltd Market trend and business analysis of smartphone game market 2019-2020Game Market by Country Newzoo 2020 Global Games Market Reaport
Japan has the third largest game market[Game Market by Country]
Rank Country Revenue
1 China 408
2UnitedStates
369
3 Japan 186
4 South Korea 65
5 Germany 59
Unitbillion USD
Unitbillion yen
29
5 Game Business
[Competitive Advantage]
Scale advantage
Operation capability to realizehigh advertising effectiveness
Cutting-edge technology using AI and other technologies
1
2
327
4 Internet Advertisement Business
Game
28
5 Game Business
48
261
560
895925 945
1029
10851138
1192
2011 2012 2013 2014 2015 2016 2017 2018 2019E 2020E
[Japanrsquos Smartphone Game Market]The market slightly increased year over year around 1 trillion yen
Japanrsquos Smartphone Game Market Yano Research Institute Ltd Market trend and business analysis of smartphone game market 2019-2020Game Market by Country Newzoo 2020 Global Games Market Reaport
Japan has the third largest game market[Game Market by Country]
Rank Country Revenue
1 China 408
2UnitedStates
369
3 Japan 186
4 South Korea 65
5 Germany 59
Unitbillion USD
Unitbillion yen
29
5 Game Business
Game
28
5 Game Business
48
261
560
895925 945
1029
10851138
1192
2011 2012 2013 2014 2015 2016 2017 2018 2019E 2020E
[Japanrsquos Smartphone Game Market]The market slightly increased year over year around 1 trillion yen
Japanrsquos Smartphone Game Market Yano Research Institute Ltd Market trend and business analysis of smartphone game market 2019-2020Game Market by Country Newzoo 2020 Global Games Market Reaport
Japan has the third largest game market[Game Market by Country]
Rank Country Revenue
1 China 408
2UnitedStates
369
3 Japan 186
4 South Korea 65
5 Germany 59
Unitbillion USD
Unitbillion yen
29
5 Game Business
48
261
560
895925 945
1029
10851138
1192
2011 2012 2013 2014 2015 2016 2017 2018 2019E 2020E
[Japanrsquos Smartphone Game Market]The market slightly increased year over year around 1 trillion yen
Japanrsquos Smartphone Game Market Yano Research Institute Ltd Market trend and business analysis of smartphone game market 2019-2020Game Market by Country Newzoo 2020 Global Games Market Reaport
Japan has the third largest game market[Game Market by Country]
Rank Country Revenue
1 China 408
2UnitedStates
369
3 Japan 186
4 South Korea 65
5 Germany 59
Unitbillion USD
Unitbillion yen
29
5 Game Business
3045
26502530
2604
3033
FY2016 FY2017 FY2018 FY2019 FY2020
1226
1403
1465
15221558
FY2016 FY2017 FY2018 FY2019 FY2020
billion yen
[Full Year Sales] [Full Year OP]Increased 24 YoY driven by new successful titles
30
5 Game Business
A 165 increase YoY
billion yen
197 204 208
260
297276
306
345 346358
334
363
337
404
355368 363
399382 377
352
448
367390
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q １Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2015 FY2016 FY2017 FY2018 FY2019 FY2020
Y2020
Y2019
Y2018
Y2017
Y2016
Y2015
Y2014
ltRelease Yeargt
[Quarterly Sales] Q4 390 billion yen (up 35 YoY)
257 copyCygames Inc 3 copy 2014-2019 ARMOR PROJECTBIRD STUDIOSQUARE ENIX All Rights Reserved Developed by Cygames Inc Publisher SQUARE ENIX4 copyBANDAI NAMCO Entertainment Inc It was jointly developed and is operating by copyBANDAI NAMCO Entertainment Inc and Cygames Inc6 copyBanG Dream Project copyCraft Egg Inc copybushiroad All Rights Reserved 8 copyNintendo Cygames Publisher Nintendo KonoSuba Godlsquos Blessing on this Wonderful World Fantastic Days copy2019 Akatsuki Natsume Mishima Kurone KADOKAWA KonoSuba Movie Production Committee copySumzap IncldquoProject SEKAI Colorful Stage Feat Hatsune Mikurdquocopy SEGA copy Craft Egg Inc Developed by Colorful Palette copy Crypton Future Media INC www piapronet All rights reserved Production SEGA CORPORATION Craft Egg Inc Development SEGA CORPORATION Colorful Palette Inc Balloon Selected major titles only
5 Game Business
Billion Yen
GRANBLUEFANTASY2 5 Shadowverse
6BanG Dream Girls Band Party
PRINCESS CONNECTReDive
7
DragaliaLost8
Sengoku Enbu
-KIZNA-1
31
3 Dragon Quest MonstersSuper Light
The existing games performed steadily
THE iDOLMSTER CINDERELLA GIRLS STARLIGHT STAGE
4
FY2020
FY2019
FY2018
FY2017
FY2016
FY2015
FY2014
FY2013 or before(For browsergames amp Others)
KonoSuba Fantastic Days
NEWProject SEKAI Colorful Stage Feat Hatsune Miku
883
831
751 791
855
747
837
1044
758 749
477 460
366
607
693 645
689
523 564
677
433
319
700
511
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2015 FY2016 FY2017 FY2018 FY2019 FY2020
[Quarterly OP]
Quarterly OP and OPM Special incentives in FY2016 and FY2020 are excluded
Q4 74 billion yen (up 70 YoY)
Billion Yen
5 Game Business
32
33
ldquoProject SEKAI Colorful Stage Feat Hatsune Mikurdquocopy SEGA copy Craft Egg Inc Developed by Colorful Palette copy Crypton Future Media INC www piapronet All rights reserved Production SEGA CORPORATION Craft Egg Inc Development SEGA CORPORATION Colorful Palette Inc
2 million users Registered users as of October 21 2020
5 Game Business
[New Game] New rhythm amp adventure game Project SEKAI Colorful Stage Feat Hatsune Miku has released on September 30 and had a strong start
Surpassed 2M users3 weeks after
release
34「NieR Re[in]carnation」 copy 2020 SQUARE ENIX CO LTD All Rights Reserved Developed by ApplibotInc
5 Game Business
New RPG game ldquoNieR Re[in]carnationrdquo has started pre-registration on September 24Planning amp Production by SQUARE ENIX CO LTD Development by Applibot Inc
[New Game]
To be released in North America amp Europe as well
Anime series based on original IP games of Cygames Inc are expanding
35
2019年10月放送開始
5 Game Business
[New Game]
Card battle RPGPlatform Nintendo Switch(TM)
Shadowverse Champions Battle UMA MUSUME Pretty Derby
Training simulation
Anime Series on TVShadowverse
Anime Series on TVUMA MUSUME Pretty Derby Season 2
PRINCESS CONNECT ReDive
Thai ver has released following the simplified Chinese ver Dramatic Anime RPG
Nov5On Sale
To be released in 2020
4月7日より放送中
Being aired sinceApr7
Availablesince Sept 18
To be aired in 2021
To be aired
Anime series ldquoShadowverserdquo copy Anime series ldquoShadowverserdquo Production Committee and TV Tokyo Being aired on ABEMA TV Tokyo Network of 6 channels ldquoShadowverse Champions Battlerdquo anime Series ldquoPRINCESS CONNECT ReDive Season 2rdquo anime series ldquoUMA MUSUME Pretty Derbyrdquo copyCygames Inc ldquoPRINCESS CONNECT ReDiverdquo Thai Version copyCygames Inc Service provided by Ini3 Digital PLC Available on iOSAndroid Anime series ldquoUMA MUSUME Pretty Derby Season 2rdquo copy Anime series ldquoUMA MUSUME Pretty Derby Season 2rdquo Production Committee
Anime SeriesPRINCESS CONNECT ReDive Season 2
1
2
3
High hit rate of Cygames Inc
[Competitive Advantage]
More than one successful game title
Operation Capability to run long term games
36
5 Game Business
Media
6 Media Business
37
231
284
382
465
570
FY2016 FY2017 FY2018 FY2019 FY2020
[Full Year Sales]Sales were driven by ABEMA Loss of ABEMA and related businesses
reduced(up 226 YoY)
38
6 Media Business
Loss of ABEMA and related businesses Sum of AbemaTV Inc Winticket Inc OEN Inc AJA Inc and Kaeru AbemaTV Inc Segment reclassification in FY2020 Some EC businesses that were included in Internet Advertisement Business has merged and reflected from FY2016
billion yen-75
-179-172 -168
-182
FY2016 FY2017 FY2018 FY2019 FY2020
billion yen
FY2019 FY2020
-185-206
Loss of ABEMA amp related businesses
[Full Year OP]
6056 54
6064
71 7276
91 90 93
106114116
112
122 122
138133
176
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
06
-001
-30
-51
-44
-49
-45
-40
-33
-40
-47-50
-46-43
-41
-36
-50
-42-40
-46
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
6 Media Business
[Quarterly Sales] [Quarterly OP]
The upfront investment in PPV service etc has resulted in the OP of
-46 billion yen
ABEMA rolled out PPV service
176 billion yen (grew 14x YoY)
PPV Pay Per View service launched in June 2020 Segment reclassification in FY2020 Some EC businesses that were included in Internet Advertisement Business has merged and reflected from FY2016
39
billion yen
billion yen
Quarterly OP Special incentives in FY2016 and FY2020 are excluded
What is ABEMA
April 11 2016 Official launch
40
6 Media Business
0
20
40
60
80
100
120
140
160
180
2011 2013 2015 2017 2019
41Media consumption is calculated average time spent per day of Male and female who are age 15 to 59 and reside in Tokyo Researched by Hakuhodo DY Media Partners Inc
TV
Average Media Consumption per Day
Time spent on mobile is drastically increasing [ABEMA]
6 Media Business
OperationUIUX
Production Marketing
SportsNews
Variety shows
Broadcast Technology
Internet Program Production
AbemaTV Inc announced the issuance of new shares to Dentsu Inc and Hakuhodo DY Media Partners Inc through a third-party allocation on October 31 2018Shareholding Ratio after TPA CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30
AbemaTV Inc has established as a joint venture between CyberAgent Inc and TV Asahi corporation
42
6 Media Business
[ABEMA]
[ABEMA] A hybrid entertainment of TV and video ldquoABEMArdquo
Aimed at young
Diversecontents
Best TV quality
20 channels 24 hours programming
UIUX adapted to
devices
Features and Strengths
43
6 Media Business
Variety Show
Anime
Interest
News
SPECIAL SPECIAL2
Drama K WORLD
HIPHOP
Sports
News
Drama
RADIO
GOLD
KoreanChinese
FightingSports Sports
Fishing
Mar-jongJapanese Chess
About 20 Channels
Anime LIVE Anime for ALL
Breaking News
As of October 2020
[ABEMA]
ABEMA Anime
44
Licensed
Original
Dplayby Discovery
Keirin(Cycle Race)
motorcycle race
6 Media Business
6 Media Business
Exceeded 59 million downloads in four and a half years after the launch
Downloads
59MDL
April 112016
Release
2016 20192017 2018
Apr Jun Sept Dec Mar Jun Sept Dec Mar Jun Sept Dec Mar Jun Sept Dec
2020
Mar
45Jun Sept
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb MarJan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
TVer
GYAO
Netflix
TVer
Amazon Prime Video
GYAO
[ABEMA] ABEMA has one of the largest MAUs in the country with many young users
MAU of Video Streaming Services MAU in teenagers to 20s
MAU of Video Streaming Services Based on App Ape an app analysis tool provided by Fuller Inc (as of March 2020)
Amazon Prime Video
2019 2019 20202020
Hulu
TELASA(Former videopass)
Netflix
dTV
DAZNParaviU-NEXT
Hulu
dTV
DAZNParavi
U-NEXT
TELASA(Former videopass)
46
6 Media Business
118
267
269
475
352
550 568
418
510
729
658
591623
550
628
679
918
732
855
1070
1027
843
1330
1059
1005
928
1269
1038
829
1198
1087
1431
1490
1253
1321
1038
1456
1325
1403
1142
1423
1211
Apr Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep
472016 2017 2018 2019
10M WAU
2020copyAbemaTV Inc
Sports amp InterestLive StreamingInformation on COVID-19
A viewing habit of ldquoWhen something happened turn on ABEMArdquo has been developed WAU remain stable after lifting of the stay-at-home request
6 Media Business
Growth of WAU
[ABEMA]
WAU Weekly Active Users
million
48copyAbemaTV Inc
6 Media Business
[ABEMA] High-quality shows of ABEMA have been recognized Two original shows has awarded at the 36th ATP Award TV Grand Prix
Information amp Variety CategoryFirst Prize
ldquoYou canrsquot fool me Miss Wolfyrdquo
Drama CategoryEncouragement Prize
ldquoIn the world where I am the only 17-year-oldrdquo
49copyAbemaTVInc
TV Asahi Corporation ldquoTELASArdquo and ABEMA are working on the collaborative project Japanese remake of the world-famous drama ldquo24rdquo begun to airABEMA exclusive episodes are also broadcast
24 JAPANcopy 2020 Twentieth Century Fox Film Corporation All Rights Reserved Broadcasting has started since October 9 2020ABEMA exclusive episodes Japan version exclusive episodes are broadcast for ABEMA premium users
6 Media Business
[ABEMA]
4753
Users by GenderUsers by Age Group
Users are mainly young people
Teenagers22
[ABEMA]
50
6 Media Business
Age 35+40
Age 20-3438
September2020
September2020
43
On-demand viewing ratio Total viewing hours of ABEMAVideo which include both free and paid users
On-demand
September2020Linear
57
Time Spent by Linear vs On-demand
[ABEMA]
On-demand viewing ratio has increased
51
6 Media Business
Time Spent by Device
SP69
TB8
PC12
TV10
September2020
Time spent watching ABEMA via PC or TV devices have increased
Number of Programs
Linear
700 Series month
5500 Episodes
Approx 1100
26000
On-demand
(Approx 600 original episodes)
Original Programs which ldquoABEMArdquo produces such as dating reality shows variety shows drama and news The Number of programs As of March 2020
Approx
Approx
Approx
Series
Episodes
(Approx 8000 original episodes)
ABEMA is a hybrid of linear TV and videoThe shows broadcast on linear TV are added to the on-demand lineup
[ABEMA]
copyAbemaTV Inc52
6 Media Business
TVer GYAO
Advertising
Use
r-g
ener
ated
co
nten
tPr
ofes
sion
al-c
reat
ed c
onte
nt
YouTube niconico
Amazonprime video
TELASA(Former videopass)
Paravi
Netflix
DAZN Hulu
dTV
Subscription
Video streaming services map
[ABEMA] Revenue streams are ldquoadvertisingrdquo and ldquosubscriptionrdquo
Video streaming services map Made by CyberAgent based on our research on the business model of each video streaming service (As of March 2020)
U-NEXT
53
6 Media Business
54
80K
ABEMA Exclusive LDH FestivalAvailable since September 28
Special movie co-produced with Toei Video Streaming starts on January 1
Dec 2017
6 Media Business
[ABEMA] 844K subscribers at the end of SeptemberWe are aiming to reach 1 million subscribers by the end of December
Exclusive Content on ABEMA PremiumldquoABEMA Premiumrdquo Subscribers
Sept 2020
844K
copyAbemaTV Inc
FY2016 FY2017 FY2018 FY2019 FY2020 55
138
63
19
211
02
Official Shopping Channel of ABEMA
MonthlySubscription
Related Businesses
Sales of ABEMA amp Related Businesses Advertising sales include consolidated subsidiary AJA Inc since FY2019 copyAbemaTV Inc
6 Media Business
[Sales of ABEMA amp Related Businesses (Full-year)]
Increased by approx 15x YoY driven by the growth of related businesses
Ads
ldquoABEMA PPV ONLINE LIVErdquo
Bet on Cycling Online ldquoWINTICKETrdquo
billion yen
56
6 Media Business
[ABEMA] Streaming a variety of exclusive live shows on ldquoABEMA PPV ONLINE LIVErdquo
July to September Lineup
copyAbemaTV Inc
57
Comment
Tipping
Product Sales
Catch-up Replay
Time-shift Replay
Multi-angle View
Voting
[ABEMA] Pay-Per-View feature offers not only online live entertainment but also various other functions
Ticket Purchase Comment Feature Features Available
Features to be added
copyAbemaTV Inc
6 Media Business
58
Upcoming Live Concerts
FY2020 3Q FY2020 4Q
23
01
6 Media Business
[ABEMA] Sales of PPV service is growing rapidly The upcoming event list is ever-expanding
Sales of PPV
copyAbemaTV Inc
billion yen
FY2019 3Q FY2019 4Q FY2020 1Q FY2020 2Q FY2020 3Q FY2020 4Q
04
17
59
08
35
72
137
17x
6 Media Business
[ABEMA] The transaction amount of ldquoWINTICKETrdquo is burgeoning increased by 17x year over year
Quarterly Transaction Amount Transaction amount of WinTicket Inc that operates internet betting system of Keirin races (includes loyalty point campaign)
billion yen
Quarterly Transaction Amount
60copyAbemaTV
[ABEMA] We continue to actively promote collaborations with partner companies
Business Alliance Partnership
Gonosy
New Billing Service
Shareholding ratio CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30Compatible with TV devices As of the end of April 2020 (adopted models only)
6 Media Business
SMART MOBILE COMMUNICATIONS Co Ltd
Compatible with TV devices
SHARP AQUOS SONY 4K BRAVIA Panasonic VIERA TOSHIBA REGZA
Mitsubishi Electric REAL Hisense
OSAKA GAS COLTD
Subscription
Advertising
RelatedBusiness etc
Accelerate monetization by related business etc
while increasing advertising and subscription revenues
2016
Medium and Long-Term Sales Pipeline
2019
[ABEMA]
61
6 Media Business
FY2021
7 FY2021
62
Game
Ad
Media
Make successful games and enhance the operational capability to run long term games
Aim to increase sales by maximizing advertising effectiveness
Grow ABEMA larger and increase monetization
Grow ABEMA as a medium to long-term pillar
63
7 FY2021
8Dividend and Management Index
Dividend and Management Index
64
FY2016 FY2017 FY2018 FY2019 FY20200
1
2
3
4
5
6
7
8
9
10
11
12
13
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
65CyberAgent Inc vs Nikkei Stock Average (Nikkei 225) Transition of stock price of CyberAgent vs Nikkei stock avarage
Stock Price of CyberAgent vs Nikkei Stock Average Total dividend Amount
[Return to Shareholders]
CyberAgent
Nikkei Stock Average
414040
31
8Dividend and Management Index
We aim to increase stock price over the medium to long-term and pay dividend continually
42billion yen
timesROE DOEDividend Payout Ratio
＝
株主への経営指標は
66
We adopted ldquoDOE 5 or morerdquo as management index to maintain shareholder returns through dividends or share buybacks etc during the investment phase
FY2021 Dividend Payout Ratio 467-583 Total Dividend Amount 46billion yen (Planned)
[Management Index]
DOE Dividend on Equity (ROE x Dividend Payout Ratio)FY2021 Dividend Payout Ratio and Total Dividend Amount Expected Dividend 37yen x Number of outstanding shares excluding treasury shares as of September 2020
8Dividend and Management Index
44
52 50 52 51
FY2016 FY2017 FY2018 FY2019 FY2020
231
1000
830
2452
649
FY2016 FY2017 FY2018 FY2019 FY2020
189
5260
21
78
FY2016 FY2017 FY2018 FY2019 FY2020
51
78 649
Nikkei Average 26
0
1000
2000
3000
4000
5000
6000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
67
Share price [unit yen]
[Acquisition of treasury stock] Purchased and retired treasury stocks 4 times
Changes in stock prices
Feb 2002Acquired treasury stocks
worth 15 billion yen（Jun 2004 119 billion yen
retired）
Nov 2007Acquired treasury stocks
worth 099 billion yen（Sep 2008 099 billion yen
retired）
Oct 2011Acquired treasury stocks
worth 199 billion yen
Feb 2013Acquired treasury stocks
worth 499 billion yen（Feb 2013 43 billion yen
retired）
Apr 2004Collapse of
Internet bubble
Jan 2006Livedoor
shock
Sep 2008Influence of
subprime crisis
May 2012Complete gacha
shock
8Dividend and Management Index
9 Reference
Reference
68
bull Governancebull Quarterly Results (July ndash September 2020)
69
Board of Directors
Four executive directors include a female director
本体役員室
常務執行役員
9 Reference_ Governance
We developed a new structure to strengthen governance and make a clear distinction between management oversight and execution
Corporate Executive Office
Managing Executive Officers Executive Officers
Four outside directors
Eight executive directors who are higher than senior managing executive officers
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
197 204 208
260
297276
306
345 346358
334
363
337
404
355368 363
399382 377
352
448
367390
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q １Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2015 FY2016 FY2017 FY2018 FY2019 FY2020
Y2020
Y2019
Y2018
Y2017
Y2016
Y2015
Y2014
ltRelease Yeargt
[Quarterly Sales] Q4 390 billion yen (up 35 YoY)
257 copyCygames Inc 3 copy 2014-2019 ARMOR PROJECTBIRD STUDIOSQUARE ENIX All Rights Reserved Developed by Cygames Inc Publisher SQUARE ENIX4 copyBANDAI NAMCO Entertainment Inc It was jointly developed and is operating by copyBANDAI NAMCO Entertainment Inc and Cygames Inc6 copyBanG Dream Project copyCraft Egg Inc copybushiroad All Rights Reserved 8 copyNintendo Cygames Publisher Nintendo KonoSuba Godlsquos Blessing on this Wonderful World Fantastic Days copy2019 Akatsuki Natsume Mishima Kurone KADOKAWA KonoSuba Movie Production Committee copySumzap IncldquoProject SEKAI Colorful Stage Feat Hatsune Mikurdquocopy SEGA copy Craft Egg Inc Developed by Colorful Palette copy Crypton Future Media INC www piapronet All rights reserved Production SEGA CORPORATION Craft Egg Inc Development SEGA CORPORATION Colorful Palette Inc Balloon Selected major titles only
5 Game Business
Billion Yen
GRANBLUEFANTASY2 5 Shadowverse
6BanG Dream Girls Band Party
PRINCESS CONNECTReDive
7
DragaliaLost8
Sengoku Enbu
-KIZNA-1
31
3 Dragon Quest MonstersSuper Light
The existing games performed steadily
THE iDOLMSTER CINDERELLA GIRLS STARLIGHT STAGE
4
FY2020
FY2019
FY2018
FY2017
FY2016
FY2015
FY2014
FY2013 or before(For browsergames amp Others)
KonoSuba Fantastic Days
NEWProject SEKAI Colorful Stage Feat Hatsune Miku
883
831
751 791
855
747
837
1044
758 749
477 460
366
607
693 645
689
523 564
677
433
319
700
511
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2015 FY2016 FY2017 FY2018 FY2019 FY2020
[Quarterly OP]
Quarterly OP and OPM Special incentives in FY2016 and FY2020 are excluded
Q4 74 billion yen (up 70 YoY)
Billion Yen
5 Game Business
32
33
ldquoProject SEKAI Colorful Stage Feat Hatsune Mikurdquocopy SEGA copy Craft Egg Inc Developed by Colorful Palette copy Crypton Future Media INC www piapronet All rights reserved Production SEGA CORPORATION Craft Egg Inc Development SEGA CORPORATION Colorful Palette Inc
2 million users Registered users as of October 21 2020
5 Game Business
[New Game] New rhythm amp adventure game Project SEKAI Colorful Stage Feat Hatsune Miku has released on September 30 and had a strong start
Surpassed 2M users3 weeks after
release
34「NieR Re[in]carnation」 copy 2020 SQUARE ENIX CO LTD All Rights Reserved Developed by ApplibotInc
5 Game Business
New RPG game ldquoNieR Re[in]carnationrdquo has started pre-registration on September 24Planning amp Production by SQUARE ENIX CO LTD Development by Applibot Inc
[New Game]
To be released in North America amp Europe as well
Anime series based on original IP games of Cygames Inc are expanding
35
2019年10月放送開始
5 Game Business
[New Game]
Card battle RPGPlatform Nintendo Switch(TM)
Shadowverse Champions Battle UMA MUSUME Pretty Derby
Training simulation
Anime Series on TVShadowverse
Anime Series on TVUMA MUSUME Pretty Derby Season 2
PRINCESS CONNECT ReDive
Thai ver has released following the simplified Chinese ver Dramatic Anime RPG
Nov5On Sale
To be released in 2020
4月7日より放送中
Being aired sinceApr7
Availablesince Sept 18
To be aired in 2021
To be aired
Anime series ldquoShadowverserdquo copy Anime series ldquoShadowverserdquo Production Committee and TV Tokyo Being aired on ABEMA TV Tokyo Network of 6 channels ldquoShadowverse Champions Battlerdquo anime Series ldquoPRINCESS CONNECT ReDive Season 2rdquo anime series ldquoUMA MUSUME Pretty Derbyrdquo copyCygames Inc ldquoPRINCESS CONNECT ReDiverdquo Thai Version copyCygames Inc Service provided by Ini3 Digital PLC Available on iOSAndroid Anime series ldquoUMA MUSUME Pretty Derby Season 2rdquo copy Anime series ldquoUMA MUSUME Pretty Derby Season 2rdquo Production Committee
Anime SeriesPRINCESS CONNECT ReDive Season 2
1
2
3
High hit rate of Cygames Inc
[Competitive Advantage]
More than one successful game title
Operation Capability to run long term games
36
5 Game Business
Media
6 Media Business
37
231
284
382
465
570
FY2016 FY2017 FY2018 FY2019 FY2020
[Full Year Sales]Sales were driven by ABEMA Loss of ABEMA and related businesses
reduced(up 226 YoY)
38
6 Media Business
Loss of ABEMA and related businesses Sum of AbemaTV Inc Winticket Inc OEN Inc AJA Inc and Kaeru AbemaTV Inc Segment reclassification in FY2020 Some EC businesses that were included in Internet Advertisement Business has merged and reflected from FY2016
billion yen-75
-179-172 -168
-182
FY2016 FY2017 FY2018 FY2019 FY2020
billion yen
FY2019 FY2020
-185-206
Loss of ABEMA amp related businesses
[Full Year OP]
6056 54
6064
71 7276
91 90 93
106114116
112
122 122
138133
176
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
06
-001
-30
-51
-44
-49
-45
-40
-33
-40
-47-50
-46-43
-41
-36
-50
-42-40
-46
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
6 Media Business
[Quarterly Sales] [Quarterly OP]
The upfront investment in PPV service etc has resulted in the OP of
-46 billion yen
ABEMA rolled out PPV service
176 billion yen (grew 14x YoY)
PPV Pay Per View service launched in June 2020 Segment reclassification in FY2020 Some EC businesses that were included in Internet Advertisement Business has merged and reflected from FY2016
39
billion yen
billion yen
Quarterly OP Special incentives in FY2016 and FY2020 are excluded
What is ABEMA
April 11 2016 Official launch
40
6 Media Business
0
20
40
60
80
100
120
140
160
180
2011 2013 2015 2017 2019
41Media consumption is calculated average time spent per day of Male and female who are age 15 to 59 and reside in Tokyo Researched by Hakuhodo DY Media Partners Inc
TV
Average Media Consumption per Day
Time spent on mobile is drastically increasing [ABEMA]
6 Media Business
OperationUIUX
Production Marketing
SportsNews
Variety shows
Broadcast Technology
Internet Program Production
AbemaTV Inc announced the issuance of new shares to Dentsu Inc and Hakuhodo DY Media Partners Inc through a third-party allocation on October 31 2018Shareholding Ratio after TPA CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30
AbemaTV Inc has established as a joint venture between CyberAgent Inc and TV Asahi corporation
42
6 Media Business
[ABEMA]
[ABEMA] A hybrid entertainment of TV and video ldquoABEMArdquo
Aimed at young
Diversecontents
Best TV quality
20 channels 24 hours programming
UIUX adapted to
devices
Features and Strengths
43
6 Media Business
Variety Show
Anime
Interest
News
SPECIAL SPECIAL2
Drama K WORLD
HIPHOP
Sports
News
Drama
RADIO
GOLD
KoreanChinese
FightingSports Sports
Fishing
Mar-jongJapanese Chess
About 20 Channels
Anime LIVE Anime for ALL
Breaking News
As of October 2020
[ABEMA]
ABEMA Anime
44
Licensed
Original
Dplayby Discovery
Keirin(Cycle Race)
motorcycle race
6 Media Business
6 Media Business
Exceeded 59 million downloads in four and a half years after the launch
Downloads
59MDL
April 112016
Release
2016 20192017 2018
Apr Jun Sept Dec Mar Jun Sept Dec Mar Jun Sept Dec Mar Jun Sept Dec
2020
Mar
45Jun Sept
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb MarJan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
TVer
GYAO
Netflix
TVer
Amazon Prime Video
GYAO
[ABEMA] ABEMA has one of the largest MAUs in the country with many young users
MAU of Video Streaming Services MAU in teenagers to 20s
MAU of Video Streaming Services Based on App Ape an app analysis tool provided by Fuller Inc (as of March 2020)
Amazon Prime Video
2019 2019 20202020
Hulu
TELASA(Former videopass)
Netflix
dTV
DAZNParaviU-NEXT
Hulu
dTV
DAZNParavi
U-NEXT
TELASA(Former videopass)
46
6 Media Business
118
267
269
475
352
550 568
418
510
729
658
591623
550
628
679
918
732
855
1070
1027
843
1330
1059
1005
928
1269
1038
829
1198
1087
1431
1490
1253
1321
1038
1456
1325
1403
1142
1423
1211
Apr Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep
472016 2017 2018 2019
10M WAU
2020copyAbemaTV Inc
Sports amp InterestLive StreamingInformation on COVID-19
A viewing habit of ldquoWhen something happened turn on ABEMArdquo has been developed WAU remain stable after lifting of the stay-at-home request
6 Media Business
Growth of WAU
[ABEMA]
WAU Weekly Active Users
million
48copyAbemaTV Inc
6 Media Business
[ABEMA] High-quality shows of ABEMA have been recognized Two original shows has awarded at the 36th ATP Award TV Grand Prix
Information amp Variety CategoryFirst Prize
ldquoYou canrsquot fool me Miss Wolfyrdquo
Drama CategoryEncouragement Prize
ldquoIn the world where I am the only 17-year-oldrdquo
49copyAbemaTVInc
TV Asahi Corporation ldquoTELASArdquo and ABEMA are working on the collaborative project Japanese remake of the world-famous drama ldquo24rdquo begun to airABEMA exclusive episodes are also broadcast
24 JAPANcopy 2020 Twentieth Century Fox Film Corporation All Rights Reserved Broadcasting has started since October 9 2020ABEMA exclusive episodes Japan version exclusive episodes are broadcast for ABEMA premium users
6 Media Business
[ABEMA]
4753
Users by GenderUsers by Age Group
Users are mainly young people
Teenagers22
[ABEMA]
50
6 Media Business
Age 35+40
Age 20-3438
September2020
September2020
43
On-demand viewing ratio Total viewing hours of ABEMAVideo which include both free and paid users
On-demand
September2020Linear
57
Time Spent by Linear vs On-demand
[ABEMA]
On-demand viewing ratio has increased
51
6 Media Business
Time Spent by Device
SP69
TB8
PC12
TV10
September2020
Time spent watching ABEMA via PC or TV devices have increased
Number of Programs
Linear
700 Series month
5500 Episodes
Approx 1100
26000
On-demand
(Approx 600 original episodes)
Original Programs which ldquoABEMArdquo produces such as dating reality shows variety shows drama and news The Number of programs As of March 2020
Approx
Approx
Approx
Series
Episodes
(Approx 8000 original episodes)
ABEMA is a hybrid of linear TV and videoThe shows broadcast on linear TV are added to the on-demand lineup
[ABEMA]
copyAbemaTV Inc52
6 Media Business
TVer GYAO
Advertising
Use
r-g
ener
ated
co
nten
tPr
ofes
sion
al-c
reat
ed c
onte
nt
YouTube niconico
Amazonprime video
TELASA(Former videopass)
Paravi
Netflix
DAZN Hulu
dTV
Subscription
Video streaming services map
[ABEMA] Revenue streams are ldquoadvertisingrdquo and ldquosubscriptionrdquo
Video streaming services map Made by CyberAgent based on our research on the business model of each video streaming service (As of March 2020)
U-NEXT
53
6 Media Business
54
80K
ABEMA Exclusive LDH FestivalAvailable since September 28
Special movie co-produced with Toei Video Streaming starts on January 1
Dec 2017
6 Media Business
[ABEMA] 844K subscribers at the end of SeptemberWe are aiming to reach 1 million subscribers by the end of December
Exclusive Content on ABEMA PremiumldquoABEMA Premiumrdquo Subscribers
Sept 2020
844K
copyAbemaTV Inc
FY2016 FY2017 FY2018 FY2019 FY2020 55
138
63
19
211
02
Official Shopping Channel of ABEMA
MonthlySubscription
Related Businesses
Sales of ABEMA amp Related Businesses Advertising sales include consolidated subsidiary AJA Inc since FY2019 copyAbemaTV Inc
6 Media Business
[Sales of ABEMA amp Related Businesses (Full-year)]
Increased by approx 15x YoY driven by the growth of related businesses
Ads
ldquoABEMA PPV ONLINE LIVErdquo
Bet on Cycling Online ldquoWINTICKETrdquo
billion yen
56
6 Media Business
[ABEMA] Streaming a variety of exclusive live shows on ldquoABEMA PPV ONLINE LIVErdquo
July to September Lineup
copyAbemaTV Inc
57
Comment
Tipping
Product Sales
Catch-up Replay
Time-shift Replay
Multi-angle View
Voting
[ABEMA] Pay-Per-View feature offers not only online live entertainment but also various other functions
Ticket Purchase Comment Feature Features Available
Features to be added
copyAbemaTV Inc
6 Media Business
58
Upcoming Live Concerts
FY2020 3Q FY2020 4Q
23
01
6 Media Business
[ABEMA] Sales of PPV service is growing rapidly The upcoming event list is ever-expanding
Sales of PPV
copyAbemaTV Inc
billion yen
FY2019 3Q FY2019 4Q FY2020 1Q FY2020 2Q FY2020 3Q FY2020 4Q
04
17
59
08
35
72
137
17x
6 Media Business
[ABEMA] The transaction amount of ldquoWINTICKETrdquo is burgeoning increased by 17x year over year
Quarterly Transaction Amount Transaction amount of WinTicket Inc that operates internet betting system of Keirin races (includes loyalty point campaign)
billion yen
Quarterly Transaction Amount
60copyAbemaTV
[ABEMA] We continue to actively promote collaborations with partner companies
Business Alliance Partnership
Gonosy
New Billing Service
Shareholding ratio CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30Compatible with TV devices As of the end of April 2020 (adopted models only)
6 Media Business
SMART MOBILE COMMUNICATIONS Co Ltd
Compatible with TV devices
SHARP AQUOS SONY 4K BRAVIA Panasonic VIERA TOSHIBA REGZA
Mitsubishi Electric REAL Hisense
OSAKA GAS COLTD
Subscription
Advertising
RelatedBusiness etc
Accelerate monetization by related business etc
while increasing advertising and subscription revenues
2016
Medium and Long-Term Sales Pipeline
2019
[ABEMA]
61
6 Media Business
FY2021
7 FY2021
62
Game
Ad
Media
Make successful games and enhance the operational capability to run long term games
Aim to increase sales by maximizing advertising effectiveness
Grow ABEMA larger and increase monetization
Grow ABEMA as a medium to long-term pillar
63
7 FY2021
8Dividend and Management Index
Dividend and Management Index
64
FY2016 FY2017 FY2018 FY2019 FY20200
1
2
3
4
5
6
7
8
9
10
11
12
13
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
65CyberAgent Inc vs Nikkei Stock Average (Nikkei 225) Transition of stock price of CyberAgent vs Nikkei stock avarage
Stock Price of CyberAgent vs Nikkei Stock Average Total dividend Amount
[Return to Shareholders]
CyberAgent
Nikkei Stock Average
414040
31
8Dividend and Management Index
We aim to increase stock price over the medium to long-term and pay dividend continually
42billion yen
timesROE DOEDividend Payout Ratio
＝
株主への経営指標は
66
We adopted ldquoDOE 5 or morerdquo as management index to maintain shareholder returns through dividends or share buybacks etc during the investment phase
FY2021 Dividend Payout Ratio 467-583 Total Dividend Amount 46billion yen (Planned)
[Management Index]
DOE Dividend on Equity (ROE x Dividend Payout Ratio)FY2021 Dividend Payout Ratio and Total Dividend Amount Expected Dividend 37yen x Number of outstanding shares excluding treasury shares as of September 2020
8Dividend and Management Index
44
52 50 52 51
FY2016 FY2017 FY2018 FY2019 FY2020
231
1000
830
2452
649
FY2016 FY2017 FY2018 FY2019 FY2020
189
5260
21
78
FY2016 FY2017 FY2018 FY2019 FY2020
51
78 649
Nikkei Average 26
0
1000
2000
3000
4000
5000
6000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
67
Share price [unit yen]
[Acquisition of treasury stock] Purchased and retired treasury stocks 4 times
Changes in stock prices
Feb 2002Acquired treasury stocks
worth 15 billion yen（Jun 2004 119 billion yen
retired）
Nov 2007Acquired treasury stocks
worth 099 billion yen（Sep 2008 099 billion yen
retired）
Oct 2011Acquired treasury stocks
worth 199 billion yen
Feb 2013Acquired treasury stocks
worth 499 billion yen（Feb 2013 43 billion yen
retired）
Apr 2004Collapse of
Internet bubble
Jan 2006Livedoor
shock
Sep 2008Influence of
subprime crisis
May 2012Complete gacha
shock
8Dividend and Management Index
9 Reference
Reference
68
bull Governancebull Quarterly Results (July ndash September 2020)
69
Board of Directors
Four executive directors include a female director
本体役員室
常務執行役員
9 Reference_ Governance
We developed a new structure to strengthen governance and make a clear distinction between management oversight and execution
Corporate Executive Office
Managing Executive Officers Executive Officers
Four outside directors
Eight executive directors who are higher than senior managing executive officers
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
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- スライド番号 13
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- スライド番号 18
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- スライド番号 20
- スライド番号 21
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- スライド番号 24
- スライド番号 25
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- スライド番号 27
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- スライド番号 31
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- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
883
831
751 791
855
747
837
1044
758 749
477 460
366
607
693 645
689
523 564
677
433
319
700
511
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2015 FY2016 FY2017 FY2018 FY2019 FY2020
[Quarterly OP]
Quarterly OP and OPM Special incentives in FY2016 and FY2020 are excluded
Q4 74 billion yen (up 70 YoY)
Billion Yen
5 Game Business
32
33
ldquoProject SEKAI Colorful Stage Feat Hatsune Mikurdquocopy SEGA copy Craft Egg Inc Developed by Colorful Palette copy Crypton Future Media INC www piapronet All rights reserved Production SEGA CORPORATION Craft Egg Inc Development SEGA CORPORATION Colorful Palette Inc
2 million users Registered users as of October 21 2020
5 Game Business
[New Game] New rhythm amp adventure game Project SEKAI Colorful Stage Feat Hatsune Miku has released on September 30 and had a strong start
Surpassed 2M users3 weeks after
release
34「NieR Re[in]carnation」 copy 2020 SQUARE ENIX CO LTD All Rights Reserved Developed by ApplibotInc
5 Game Business
New RPG game ldquoNieR Re[in]carnationrdquo has started pre-registration on September 24Planning amp Production by SQUARE ENIX CO LTD Development by Applibot Inc
[New Game]
To be released in North America amp Europe as well
Anime series based on original IP games of Cygames Inc are expanding
35
2019年10月放送開始
5 Game Business
[New Game]
Card battle RPGPlatform Nintendo Switch(TM)
Shadowverse Champions Battle UMA MUSUME Pretty Derby
Training simulation
Anime Series on TVShadowverse
Anime Series on TVUMA MUSUME Pretty Derby Season 2
PRINCESS CONNECT ReDive
Thai ver has released following the simplified Chinese ver Dramatic Anime RPG
Nov5On Sale
To be released in 2020
4月7日より放送中
Being aired sinceApr7
Availablesince Sept 18
To be aired in 2021
To be aired
Anime series ldquoShadowverserdquo copy Anime series ldquoShadowverserdquo Production Committee and TV Tokyo Being aired on ABEMA TV Tokyo Network of 6 channels ldquoShadowverse Champions Battlerdquo anime Series ldquoPRINCESS CONNECT ReDive Season 2rdquo anime series ldquoUMA MUSUME Pretty Derbyrdquo copyCygames Inc ldquoPRINCESS CONNECT ReDiverdquo Thai Version copyCygames Inc Service provided by Ini3 Digital PLC Available on iOSAndroid Anime series ldquoUMA MUSUME Pretty Derby Season 2rdquo copy Anime series ldquoUMA MUSUME Pretty Derby Season 2rdquo Production Committee
Anime SeriesPRINCESS CONNECT ReDive Season 2
1
2
3
High hit rate of Cygames Inc
[Competitive Advantage]
More than one successful game title
Operation Capability to run long term games
36
5 Game Business
Media
6 Media Business
37
231
284
382
465
570
FY2016 FY2017 FY2018 FY2019 FY2020
[Full Year Sales]Sales were driven by ABEMA Loss of ABEMA and related businesses
reduced(up 226 YoY)
38
6 Media Business
Loss of ABEMA and related businesses Sum of AbemaTV Inc Winticket Inc OEN Inc AJA Inc and Kaeru AbemaTV Inc Segment reclassification in FY2020 Some EC businesses that were included in Internet Advertisement Business has merged and reflected from FY2016
billion yen-75
-179-172 -168
-182
FY2016 FY2017 FY2018 FY2019 FY2020
billion yen
FY2019 FY2020
-185-206
Loss of ABEMA amp related businesses
[Full Year OP]
6056 54
6064
71 7276
91 90 93
106114116
112
122 122
138133
176
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
06
-001
-30
-51
-44
-49
-45
-40
-33
-40
-47-50
-46-43
-41
-36
-50
-42-40
-46
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
6 Media Business
[Quarterly Sales] [Quarterly OP]
The upfront investment in PPV service etc has resulted in the OP of
-46 billion yen
ABEMA rolled out PPV service
176 billion yen (grew 14x YoY)
PPV Pay Per View service launched in June 2020 Segment reclassification in FY2020 Some EC businesses that were included in Internet Advertisement Business has merged and reflected from FY2016
39
billion yen
billion yen
Quarterly OP Special incentives in FY2016 and FY2020 are excluded
What is ABEMA
April 11 2016 Official launch
40
6 Media Business
0
20
40
60
80
100
120
140
160
180
2011 2013 2015 2017 2019
41Media consumption is calculated average time spent per day of Male and female who are age 15 to 59 and reside in Tokyo Researched by Hakuhodo DY Media Partners Inc
TV
Average Media Consumption per Day
Time spent on mobile is drastically increasing [ABEMA]
6 Media Business
OperationUIUX
Production Marketing
SportsNews
Variety shows
Broadcast Technology
Internet Program Production
AbemaTV Inc announced the issuance of new shares to Dentsu Inc and Hakuhodo DY Media Partners Inc through a third-party allocation on October 31 2018Shareholding Ratio after TPA CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30
AbemaTV Inc has established as a joint venture between CyberAgent Inc and TV Asahi corporation
42
6 Media Business
[ABEMA]
[ABEMA] A hybrid entertainment of TV and video ldquoABEMArdquo
Aimed at young
Diversecontents
Best TV quality
20 channels 24 hours programming
UIUX adapted to
devices
Features and Strengths
43
6 Media Business
Variety Show
Anime
Interest
News
SPECIAL SPECIAL2
Drama K WORLD
HIPHOP
Sports
News
Drama
RADIO
GOLD
KoreanChinese
FightingSports Sports
Fishing
Mar-jongJapanese Chess
About 20 Channels
Anime LIVE Anime for ALL
Breaking News
As of October 2020
[ABEMA]
ABEMA Anime
44
Licensed
Original
Dplayby Discovery
Keirin(Cycle Race)
motorcycle race
6 Media Business
6 Media Business
Exceeded 59 million downloads in four and a half years after the launch
Downloads
59MDL
April 112016
Release
2016 20192017 2018
Apr Jun Sept Dec Mar Jun Sept Dec Mar Jun Sept Dec Mar Jun Sept Dec
2020
Mar
45Jun Sept
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb MarJan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
TVer
GYAO
Netflix
TVer
Amazon Prime Video
GYAO
[ABEMA] ABEMA has one of the largest MAUs in the country with many young users
MAU of Video Streaming Services MAU in teenagers to 20s
MAU of Video Streaming Services Based on App Ape an app analysis tool provided by Fuller Inc (as of March 2020)
Amazon Prime Video
2019 2019 20202020
Hulu
TELASA(Former videopass)
Netflix
dTV
DAZNParaviU-NEXT
Hulu
dTV
DAZNParavi
U-NEXT
TELASA(Former videopass)
46
6 Media Business
118
267
269
475
352
550 568
418
510
729
658
591623
550
628
679
918
732
855
1070
1027
843
1330
1059
1005
928
1269
1038
829
1198
1087
1431
1490
1253
1321
1038
1456
1325
1403
1142
1423
1211
Apr Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep
472016 2017 2018 2019
10M WAU
2020copyAbemaTV Inc
Sports amp InterestLive StreamingInformation on COVID-19
A viewing habit of ldquoWhen something happened turn on ABEMArdquo has been developed WAU remain stable after lifting of the stay-at-home request
6 Media Business
Growth of WAU
[ABEMA]
WAU Weekly Active Users
million
48copyAbemaTV Inc
6 Media Business
[ABEMA] High-quality shows of ABEMA have been recognized Two original shows has awarded at the 36th ATP Award TV Grand Prix
Information amp Variety CategoryFirst Prize
ldquoYou canrsquot fool me Miss Wolfyrdquo
Drama CategoryEncouragement Prize
ldquoIn the world where I am the only 17-year-oldrdquo
49copyAbemaTVInc
TV Asahi Corporation ldquoTELASArdquo and ABEMA are working on the collaborative project Japanese remake of the world-famous drama ldquo24rdquo begun to airABEMA exclusive episodes are also broadcast
24 JAPANcopy 2020 Twentieth Century Fox Film Corporation All Rights Reserved Broadcasting has started since October 9 2020ABEMA exclusive episodes Japan version exclusive episodes are broadcast for ABEMA premium users
6 Media Business
[ABEMA]
4753
Users by GenderUsers by Age Group
Users are mainly young people
Teenagers22
[ABEMA]
50
6 Media Business
Age 35+40
Age 20-3438
September2020
September2020
43
On-demand viewing ratio Total viewing hours of ABEMAVideo which include both free and paid users
On-demand
September2020Linear
57
Time Spent by Linear vs On-demand
[ABEMA]
On-demand viewing ratio has increased
51
6 Media Business
Time Spent by Device
SP69
TB8
PC12
TV10
September2020
Time spent watching ABEMA via PC or TV devices have increased
Number of Programs
Linear
700 Series month
5500 Episodes
Approx 1100
26000
On-demand
(Approx 600 original episodes)
Original Programs which ldquoABEMArdquo produces such as dating reality shows variety shows drama and news The Number of programs As of March 2020
Approx
Approx
Approx
Series
Episodes
(Approx 8000 original episodes)
ABEMA is a hybrid of linear TV and videoThe shows broadcast on linear TV are added to the on-demand lineup
[ABEMA]
copyAbemaTV Inc52
6 Media Business
TVer GYAO
Advertising
Use
r-g
ener
ated
co
nten
tPr
ofes
sion
al-c
reat
ed c
onte
nt
YouTube niconico
Amazonprime video
TELASA(Former videopass)
Paravi
Netflix
DAZN Hulu
dTV
Subscription
Video streaming services map
[ABEMA] Revenue streams are ldquoadvertisingrdquo and ldquosubscriptionrdquo
Video streaming services map Made by CyberAgent based on our research on the business model of each video streaming service (As of March 2020)
U-NEXT
53
6 Media Business
54
80K
ABEMA Exclusive LDH FestivalAvailable since September 28
Special movie co-produced with Toei Video Streaming starts on January 1
Dec 2017
6 Media Business
[ABEMA] 844K subscribers at the end of SeptemberWe are aiming to reach 1 million subscribers by the end of December
Exclusive Content on ABEMA PremiumldquoABEMA Premiumrdquo Subscribers
Sept 2020
844K
copyAbemaTV Inc
FY2016 FY2017 FY2018 FY2019 FY2020 55
138
63
19
211
02
Official Shopping Channel of ABEMA
MonthlySubscription
Related Businesses
Sales of ABEMA amp Related Businesses Advertising sales include consolidated subsidiary AJA Inc since FY2019 copyAbemaTV Inc
6 Media Business
[Sales of ABEMA amp Related Businesses (Full-year)]
Increased by approx 15x YoY driven by the growth of related businesses
Ads
ldquoABEMA PPV ONLINE LIVErdquo
Bet on Cycling Online ldquoWINTICKETrdquo
billion yen
56
6 Media Business
[ABEMA] Streaming a variety of exclusive live shows on ldquoABEMA PPV ONLINE LIVErdquo
July to September Lineup
copyAbemaTV Inc
57
Comment
Tipping
Product Sales
Catch-up Replay
Time-shift Replay
Multi-angle View
Voting
[ABEMA] Pay-Per-View feature offers not only online live entertainment but also various other functions
Ticket Purchase Comment Feature Features Available
Features to be added
copyAbemaTV Inc
6 Media Business
58
Upcoming Live Concerts
FY2020 3Q FY2020 4Q
23
01
6 Media Business
[ABEMA] Sales of PPV service is growing rapidly The upcoming event list is ever-expanding
Sales of PPV
copyAbemaTV Inc
billion yen
FY2019 3Q FY2019 4Q FY2020 1Q FY2020 2Q FY2020 3Q FY2020 4Q
04
17
59
08
35
72
137
17x
6 Media Business
[ABEMA] The transaction amount of ldquoWINTICKETrdquo is burgeoning increased by 17x year over year
Quarterly Transaction Amount Transaction amount of WinTicket Inc that operates internet betting system of Keirin races (includes loyalty point campaign)
billion yen
Quarterly Transaction Amount
60copyAbemaTV
[ABEMA] We continue to actively promote collaborations with partner companies
Business Alliance Partnership
Gonosy
New Billing Service
Shareholding ratio CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30Compatible with TV devices As of the end of April 2020 (adopted models only)
6 Media Business
SMART MOBILE COMMUNICATIONS Co Ltd
Compatible with TV devices
SHARP AQUOS SONY 4K BRAVIA Panasonic VIERA TOSHIBA REGZA
Mitsubishi Electric REAL Hisense
OSAKA GAS COLTD
Subscription
Advertising
RelatedBusiness etc
Accelerate monetization by related business etc
while increasing advertising and subscription revenues
2016
Medium and Long-Term Sales Pipeline
2019
[ABEMA]
61
6 Media Business
FY2021
7 FY2021
62
Game
Ad
Media
Make successful games and enhance the operational capability to run long term games
Aim to increase sales by maximizing advertising effectiveness
Grow ABEMA larger and increase monetization
Grow ABEMA as a medium to long-term pillar
63
7 FY2021
8Dividend and Management Index
Dividend and Management Index
64
FY2016 FY2017 FY2018 FY2019 FY20200
1
2
3
4
5
6
7
8
9
10
11
12
13
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
65CyberAgent Inc vs Nikkei Stock Average (Nikkei 225) Transition of stock price of CyberAgent vs Nikkei stock avarage
Stock Price of CyberAgent vs Nikkei Stock Average Total dividend Amount
[Return to Shareholders]
CyberAgent
Nikkei Stock Average
414040
31
8Dividend and Management Index
We aim to increase stock price over the medium to long-term and pay dividend continually
42billion yen
timesROE DOEDividend Payout Ratio
＝
株主への経営指標は
66
We adopted ldquoDOE 5 or morerdquo as management index to maintain shareholder returns through dividends or share buybacks etc during the investment phase
FY2021 Dividend Payout Ratio 467-583 Total Dividend Amount 46billion yen (Planned)
[Management Index]
DOE Dividend on Equity (ROE x Dividend Payout Ratio)FY2021 Dividend Payout Ratio and Total Dividend Amount Expected Dividend 37yen x Number of outstanding shares excluding treasury shares as of September 2020
8Dividend and Management Index
44
52 50 52 51
FY2016 FY2017 FY2018 FY2019 FY2020
231
1000
830
2452
649
FY2016 FY2017 FY2018 FY2019 FY2020
189
5260
21
78
FY2016 FY2017 FY2018 FY2019 FY2020
51
78 649
Nikkei Average 26
0
1000
2000
3000
4000
5000
6000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
67
Share price [unit yen]
[Acquisition of treasury stock] Purchased and retired treasury stocks 4 times
Changes in stock prices
Feb 2002Acquired treasury stocks
worth 15 billion yen（Jun 2004 119 billion yen
retired）
Nov 2007Acquired treasury stocks
worth 099 billion yen（Sep 2008 099 billion yen
retired）
Oct 2011Acquired treasury stocks
worth 199 billion yen
Feb 2013Acquired treasury stocks
worth 499 billion yen（Feb 2013 43 billion yen
retired）
Apr 2004Collapse of
Internet bubble
Jan 2006Livedoor
shock
Sep 2008Influence of
subprime crisis
May 2012Complete gacha
shock
8Dividend and Management Index
9 Reference
Reference
68
bull Governancebull Quarterly Results (July ndash September 2020)
69
Board of Directors
Four executive directors include a female director
本体役員室
常務執行役員
9 Reference_ Governance
We developed a new structure to strengthen governance and make a clear distinction between management oversight and execution
Corporate Executive Office
Managing Executive Officers Executive Officers
Four outside directors
Eight executive directors who are higher than senior managing executive officers
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
33
ldquoProject SEKAI Colorful Stage Feat Hatsune Mikurdquocopy SEGA copy Craft Egg Inc Developed by Colorful Palette copy Crypton Future Media INC www piapronet All rights reserved Production SEGA CORPORATION Craft Egg Inc Development SEGA CORPORATION Colorful Palette Inc
2 million users Registered users as of October 21 2020
5 Game Business
[New Game] New rhythm amp adventure game Project SEKAI Colorful Stage Feat Hatsune Miku has released on September 30 and had a strong start
Surpassed 2M users3 weeks after
release
34「NieR Re[in]carnation」 copy 2020 SQUARE ENIX CO LTD All Rights Reserved Developed by ApplibotInc
5 Game Business
New RPG game ldquoNieR Re[in]carnationrdquo has started pre-registration on September 24Planning amp Production by SQUARE ENIX CO LTD Development by Applibot Inc
[New Game]
To be released in North America amp Europe as well
Anime series based on original IP games of Cygames Inc are expanding
35
2019年10月放送開始
5 Game Business
[New Game]
Card battle RPGPlatform Nintendo Switch(TM)
Shadowverse Champions Battle UMA MUSUME Pretty Derby
Training simulation
Anime Series on TVShadowverse
Anime Series on TVUMA MUSUME Pretty Derby Season 2
PRINCESS CONNECT ReDive
Thai ver has released following the simplified Chinese ver Dramatic Anime RPG
Nov5On Sale
To be released in 2020
4月7日より放送中
Being aired sinceApr7
Availablesince Sept 18
To be aired in 2021
To be aired
Anime series ldquoShadowverserdquo copy Anime series ldquoShadowverserdquo Production Committee and TV Tokyo Being aired on ABEMA TV Tokyo Network of 6 channels ldquoShadowverse Champions Battlerdquo anime Series ldquoPRINCESS CONNECT ReDive Season 2rdquo anime series ldquoUMA MUSUME Pretty Derbyrdquo copyCygames Inc ldquoPRINCESS CONNECT ReDiverdquo Thai Version copyCygames Inc Service provided by Ini3 Digital PLC Available on iOSAndroid Anime series ldquoUMA MUSUME Pretty Derby Season 2rdquo copy Anime series ldquoUMA MUSUME Pretty Derby Season 2rdquo Production Committee
Anime SeriesPRINCESS CONNECT ReDive Season 2
1
2
3
High hit rate of Cygames Inc
[Competitive Advantage]
More than one successful game title
Operation Capability to run long term games
36
5 Game Business
Media
6 Media Business
37
231
284
382
465
570
FY2016 FY2017 FY2018 FY2019 FY2020
[Full Year Sales]Sales were driven by ABEMA Loss of ABEMA and related businesses
reduced(up 226 YoY)
38
6 Media Business
Loss of ABEMA and related businesses Sum of AbemaTV Inc Winticket Inc OEN Inc AJA Inc and Kaeru AbemaTV Inc Segment reclassification in FY2020 Some EC businesses that were included in Internet Advertisement Business has merged and reflected from FY2016
billion yen-75
-179-172 -168
-182
FY2016 FY2017 FY2018 FY2019 FY2020
billion yen
FY2019 FY2020
-185-206
Loss of ABEMA amp related businesses
[Full Year OP]
6056 54
6064
71 7276
91 90 93
106114116
112
122 122
138133
176
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
06
-001
-30
-51
-44
-49
-45
-40
-33
-40
-47-50
-46-43
-41
-36
-50
-42-40
-46
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
6 Media Business
[Quarterly Sales] [Quarterly OP]
The upfront investment in PPV service etc has resulted in the OP of
-46 billion yen
ABEMA rolled out PPV service
176 billion yen (grew 14x YoY)
PPV Pay Per View service launched in June 2020 Segment reclassification in FY2020 Some EC businesses that were included in Internet Advertisement Business has merged and reflected from FY2016
39
billion yen
billion yen
Quarterly OP Special incentives in FY2016 and FY2020 are excluded
What is ABEMA
April 11 2016 Official launch
40
6 Media Business
0
20
40
60
80
100
120
140
160
180
2011 2013 2015 2017 2019
41Media consumption is calculated average time spent per day of Male and female who are age 15 to 59 and reside in Tokyo Researched by Hakuhodo DY Media Partners Inc
TV
Average Media Consumption per Day
Time spent on mobile is drastically increasing [ABEMA]
6 Media Business
OperationUIUX
Production Marketing
SportsNews
Variety shows
Broadcast Technology
Internet Program Production
AbemaTV Inc announced the issuance of new shares to Dentsu Inc and Hakuhodo DY Media Partners Inc through a third-party allocation on October 31 2018Shareholding Ratio after TPA CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30
AbemaTV Inc has established as a joint venture between CyberAgent Inc and TV Asahi corporation
42
6 Media Business
[ABEMA]
[ABEMA] A hybrid entertainment of TV and video ldquoABEMArdquo
Aimed at young
Diversecontents
Best TV quality
20 channels 24 hours programming
UIUX adapted to
devices
Features and Strengths
43
6 Media Business
Variety Show
Anime
Interest
News
SPECIAL SPECIAL2
Drama K WORLD
HIPHOP
Sports
News
Drama
RADIO
GOLD
KoreanChinese
FightingSports Sports
Fishing
Mar-jongJapanese Chess
About 20 Channels
Anime LIVE Anime for ALL
Breaking News
As of October 2020
[ABEMA]
ABEMA Anime
44
Licensed
Original
Dplayby Discovery
Keirin(Cycle Race)
motorcycle race
6 Media Business
6 Media Business
Exceeded 59 million downloads in four and a half years after the launch
Downloads
59MDL
April 112016
Release
2016 20192017 2018
Apr Jun Sept Dec Mar Jun Sept Dec Mar Jun Sept Dec Mar Jun Sept Dec
2020
Mar
45Jun Sept
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb MarJan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
TVer
GYAO
Netflix
TVer
Amazon Prime Video
GYAO
[ABEMA] ABEMA has one of the largest MAUs in the country with many young users
MAU of Video Streaming Services MAU in teenagers to 20s
MAU of Video Streaming Services Based on App Ape an app analysis tool provided by Fuller Inc (as of March 2020)
Amazon Prime Video
2019 2019 20202020
Hulu
TELASA(Former videopass)
Netflix
dTV
DAZNParaviU-NEXT
Hulu
dTV
DAZNParavi
U-NEXT
TELASA(Former videopass)
46
6 Media Business
118
267
269
475
352
550 568
418
510
729
658
591623
550
628
679
918
732
855
1070
1027
843
1330
1059
1005
928
1269
1038
829
1198
1087
1431
1490
1253
1321
1038
1456
1325
1403
1142
1423
1211
Apr Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep
472016 2017 2018 2019
10M WAU
2020copyAbemaTV Inc
Sports amp InterestLive StreamingInformation on COVID-19
A viewing habit of ldquoWhen something happened turn on ABEMArdquo has been developed WAU remain stable after lifting of the stay-at-home request
6 Media Business
Growth of WAU
[ABEMA]
WAU Weekly Active Users
million
48copyAbemaTV Inc
6 Media Business
[ABEMA] High-quality shows of ABEMA have been recognized Two original shows has awarded at the 36th ATP Award TV Grand Prix
Information amp Variety CategoryFirst Prize
ldquoYou canrsquot fool me Miss Wolfyrdquo
Drama CategoryEncouragement Prize
ldquoIn the world where I am the only 17-year-oldrdquo
49copyAbemaTVInc
TV Asahi Corporation ldquoTELASArdquo and ABEMA are working on the collaborative project Japanese remake of the world-famous drama ldquo24rdquo begun to airABEMA exclusive episodes are also broadcast
24 JAPANcopy 2020 Twentieth Century Fox Film Corporation All Rights Reserved Broadcasting has started since October 9 2020ABEMA exclusive episodes Japan version exclusive episodes are broadcast for ABEMA premium users
6 Media Business
[ABEMA]
4753
Users by GenderUsers by Age Group
Users are mainly young people
Teenagers22
[ABEMA]
50
6 Media Business
Age 35+40
Age 20-3438
September2020
September2020
43
On-demand viewing ratio Total viewing hours of ABEMAVideo which include both free and paid users
On-demand
September2020Linear
57
Time Spent by Linear vs On-demand
[ABEMA]
On-demand viewing ratio has increased
51
6 Media Business
Time Spent by Device
SP69
TB8
PC12
TV10
September2020
Time spent watching ABEMA via PC or TV devices have increased
Number of Programs
Linear
700 Series month
5500 Episodes
Approx 1100
26000
On-demand
(Approx 600 original episodes)
Original Programs which ldquoABEMArdquo produces such as dating reality shows variety shows drama and news The Number of programs As of March 2020
Approx
Approx
Approx
Series
Episodes
(Approx 8000 original episodes)
ABEMA is a hybrid of linear TV and videoThe shows broadcast on linear TV are added to the on-demand lineup
[ABEMA]
copyAbemaTV Inc52
6 Media Business
TVer GYAO
Advertising
Use
r-g
ener
ated
co
nten
tPr
ofes
sion
al-c
reat
ed c
onte
nt
YouTube niconico
Amazonprime video
TELASA(Former videopass)
Paravi
Netflix
DAZN Hulu
dTV
Subscription
Video streaming services map
[ABEMA] Revenue streams are ldquoadvertisingrdquo and ldquosubscriptionrdquo
Video streaming services map Made by CyberAgent based on our research on the business model of each video streaming service (As of March 2020)
U-NEXT
53
6 Media Business
54
80K
ABEMA Exclusive LDH FestivalAvailable since September 28
Special movie co-produced with Toei Video Streaming starts on January 1
Dec 2017
6 Media Business
[ABEMA] 844K subscribers at the end of SeptemberWe are aiming to reach 1 million subscribers by the end of December
Exclusive Content on ABEMA PremiumldquoABEMA Premiumrdquo Subscribers
Sept 2020
844K
copyAbemaTV Inc
FY2016 FY2017 FY2018 FY2019 FY2020 55
138
63
19
211
02
Official Shopping Channel of ABEMA
MonthlySubscription
Related Businesses
Sales of ABEMA amp Related Businesses Advertising sales include consolidated subsidiary AJA Inc since FY2019 copyAbemaTV Inc
6 Media Business
[Sales of ABEMA amp Related Businesses (Full-year)]
Increased by approx 15x YoY driven by the growth of related businesses
Ads
ldquoABEMA PPV ONLINE LIVErdquo
Bet on Cycling Online ldquoWINTICKETrdquo
billion yen
56
6 Media Business
[ABEMA] Streaming a variety of exclusive live shows on ldquoABEMA PPV ONLINE LIVErdquo
July to September Lineup
copyAbemaTV Inc
57
Comment
Tipping
Product Sales
Catch-up Replay
Time-shift Replay
Multi-angle View
Voting
[ABEMA] Pay-Per-View feature offers not only online live entertainment but also various other functions
Ticket Purchase Comment Feature Features Available
Features to be added
copyAbemaTV Inc
6 Media Business
58
Upcoming Live Concerts
FY2020 3Q FY2020 4Q
23
01
6 Media Business
[ABEMA] Sales of PPV service is growing rapidly The upcoming event list is ever-expanding
Sales of PPV
copyAbemaTV Inc
billion yen
FY2019 3Q FY2019 4Q FY2020 1Q FY2020 2Q FY2020 3Q FY2020 4Q
04
17
59
08
35
72
137
17x
6 Media Business
[ABEMA] The transaction amount of ldquoWINTICKETrdquo is burgeoning increased by 17x year over year
Quarterly Transaction Amount Transaction amount of WinTicket Inc that operates internet betting system of Keirin races (includes loyalty point campaign)
billion yen
Quarterly Transaction Amount
60copyAbemaTV
[ABEMA] We continue to actively promote collaborations with partner companies
Business Alliance Partnership
Gonosy
New Billing Service
Shareholding ratio CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30Compatible with TV devices As of the end of April 2020 (adopted models only)
6 Media Business
SMART MOBILE COMMUNICATIONS Co Ltd
Compatible with TV devices
SHARP AQUOS SONY 4K BRAVIA Panasonic VIERA TOSHIBA REGZA
Mitsubishi Electric REAL Hisense
OSAKA GAS COLTD
Subscription
Advertising
RelatedBusiness etc
Accelerate monetization by related business etc
while increasing advertising and subscription revenues
2016
Medium and Long-Term Sales Pipeline
2019
[ABEMA]
61
6 Media Business
FY2021
7 FY2021
62
Game
Ad
Media
Make successful games and enhance the operational capability to run long term games
Aim to increase sales by maximizing advertising effectiveness
Grow ABEMA larger and increase monetization
Grow ABEMA as a medium to long-term pillar
63
7 FY2021
8Dividend and Management Index
Dividend and Management Index
64
FY2016 FY2017 FY2018 FY2019 FY20200
1
2
3
4
5
6
7
8
9
10
11
12
13
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
65CyberAgent Inc vs Nikkei Stock Average (Nikkei 225) Transition of stock price of CyberAgent vs Nikkei stock avarage
Stock Price of CyberAgent vs Nikkei Stock Average Total dividend Amount
[Return to Shareholders]
CyberAgent
Nikkei Stock Average
414040
31
8Dividend and Management Index
We aim to increase stock price over the medium to long-term and pay dividend continually
42billion yen
timesROE DOEDividend Payout Ratio
＝
株主への経営指標は
66
We adopted ldquoDOE 5 or morerdquo as management index to maintain shareholder returns through dividends or share buybacks etc during the investment phase
FY2021 Dividend Payout Ratio 467-583 Total Dividend Amount 46billion yen (Planned)
[Management Index]
DOE Dividend on Equity (ROE x Dividend Payout Ratio)FY2021 Dividend Payout Ratio and Total Dividend Amount Expected Dividend 37yen x Number of outstanding shares excluding treasury shares as of September 2020
8Dividend and Management Index
44
52 50 52 51
FY2016 FY2017 FY2018 FY2019 FY2020
231
1000
830
2452
649
FY2016 FY2017 FY2018 FY2019 FY2020
189
5260
21
78
FY2016 FY2017 FY2018 FY2019 FY2020
51
78 649
Nikkei Average 26
0
1000
2000
3000
4000
5000
6000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
67
Share price [unit yen]
[Acquisition of treasury stock] Purchased and retired treasury stocks 4 times
Changes in stock prices
Feb 2002Acquired treasury stocks
worth 15 billion yen（Jun 2004 119 billion yen
retired）
Nov 2007Acquired treasury stocks
worth 099 billion yen（Sep 2008 099 billion yen
retired）
Oct 2011Acquired treasury stocks
worth 199 billion yen
Feb 2013Acquired treasury stocks
worth 499 billion yen（Feb 2013 43 billion yen
retired）
Apr 2004Collapse of
Internet bubble
Jan 2006Livedoor
shock
Sep 2008Influence of
subprime crisis
May 2012Complete gacha
shock
8Dividend and Management Index
9 Reference
Reference
68
bull Governancebull Quarterly Results (July ndash September 2020)
69
Board of Directors
Four executive directors include a female director
本体役員室
常務執行役員
9 Reference_ Governance
We developed a new structure to strengthen governance and make a clear distinction between management oversight and execution
Corporate Executive Office
Managing Executive Officers Executive Officers
Four outside directors
Eight executive directors who are higher than senior managing executive officers
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
34「NieR Re[in]carnation」 copy 2020 SQUARE ENIX CO LTD All Rights Reserved Developed by ApplibotInc
5 Game Business
New RPG game ldquoNieR Re[in]carnationrdquo has started pre-registration on September 24Planning amp Production by SQUARE ENIX CO LTD Development by Applibot Inc
[New Game]
To be released in North America amp Europe as well
Anime series based on original IP games of Cygames Inc are expanding
35
2019年10月放送開始
5 Game Business
[New Game]
Card battle RPGPlatform Nintendo Switch(TM)
Shadowverse Champions Battle UMA MUSUME Pretty Derby
Training simulation
Anime Series on TVShadowverse
Anime Series on TVUMA MUSUME Pretty Derby Season 2
PRINCESS CONNECT ReDive
Thai ver has released following the simplified Chinese ver Dramatic Anime RPG
Nov5On Sale
To be released in 2020
4月7日より放送中
Being aired sinceApr7
Availablesince Sept 18
To be aired in 2021
To be aired
Anime series ldquoShadowverserdquo copy Anime series ldquoShadowverserdquo Production Committee and TV Tokyo Being aired on ABEMA TV Tokyo Network of 6 channels ldquoShadowverse Champions Battlerdquo anime Series ldquoPRINCESS CONNECT ReDive Season 2rdquo anime series ldquoUMA MUSUME Pretty Derbyrdquo copyCygames Inc ldquoPRINCESS CONNECT ReDiverdquo Thai Version copyCygames Inc Service provided by Ini3 Digital PLC Available on iOSAndroid Anime series ldquoUMA MUSUME Pretty Derby Season 2rdquo copy Anime series ldquoUMA MUSUME Pretty Derby Season 2rdquo Production Committee
Anime SeriesPRINCESS CONNECT ReDive Season 2
1
2
3
High hit rate of Cygames Inc
[Competitive Advantage]
More than one successful game title
Operation Capability to run long term games
36
5 Game Business
Media
6 Media Business
37
231
284
382
465
570
FY2016 FY2017 FY2018 FY2019 FY2020
[Full Year Sales]Sales were driven by ABEMA Loss of ABEMA and related businesses
reduced(up 226 YoY)
38
6 Media Business
Loss of ABEMA and related businesses Sum of AbemaTV Inc Winticket Inc OEN Inc AJA Inc and Kaeru AbemaTV Inc Segment reclassification in FY2020 Some EC businesses that were included in Internet Advertisement Business has merged and reflected from FY2016
billion yen-75
-179-172 -168
-182
FY2016 FY2017 FY2018 FY2019 FY2020
billion yen
FY2019 FY2020
-185-206
Loss of ABEMA amp related businesses
[Full Year OP]
6056 54
6064
71 7276
91 90 93
106114116
112
122 122
138133
176
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
06
-001
-30
-51
-44
-49
-45
-40
-33
-40
-47-50
-46-43
-41
-36
-50
-42-40
-46
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
6 Media Business
[Quarterly Sales] [Quarterly OP]
The upfront investment in PPV service etc has resulted in the OP of
-46 billion yen
ABEMA rolled out PPV service
176 billion yen (grew 14x YoY)
PPV Pay Per View service launched in June 2020 Segment reclassification in FY2020 Some EC businesses that were included in Internet Advertisement Business has merged and reflected from FY2016
39
billion yen
billion yen
Quarterly OP Special incentives in FY2016 and FY2020 are excluded
What is ABEMA
April 11 2016 Official launch
40
6 Media Business
0
20
40
60
80
100
120
140
160
180
2011 2013 2015 2017 2019
41Media consumption is calculated average time spent per day of Male and female who are age 15 to 59 and reside in Tokyo Researched by Hakuhodo DY Media Partners Inc
TV
Average Media Consumption per Day
Time spent on mobile is drastically increasing [ABEMA]
6 Media Business
OperationUIUX
Production Marketing
SportsNews
Variety shows
Broadcast Technology
Internet Program Production
AbemaTV Inc announced the issuance of new shares to Dentsu Inc and Hakuhodo DY Media Partners Inc through a third-party allocation on October 31 2018Shareholding Ratio after TPA CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30
AbemaTV Inc has established as a joint venture between CyberAgent Inc and TV Asahi corporation
42
6 Media Business
[ABEMA]
[ABEMA] A hybrid entertainment of TV and video ldquoABEMArdquo
Aimed at young
Diversecontents
Best TV quality
20 channels 24 hours programming
UIUX adapted to
devices
Features and Strengths
43
6 Media Business
Variety Show
Anime
Interest
News
SPECIAL SPECIAL2
Drama K WORLD
HIPHOP
Sports
News
Drama
RADIO
GOLD
KoreanChinese
FightingSports Sports
Fishing
Mar-jongJapanese Chess
About 20 Channels
Anime LIVE Anime for ALL
Breaking News
As of October 2020
[ABEMA]
ABEMA Anime
44
Licensed
Original
Dplayby Discovery
Keirin(Cycle Race)
motorcycle race
6 Media Business
6 Media Business
Exceeded 59 million downloads in four and a half years after the launch
Downloads
59MDL
April 112016
Release
2016 20192017 2018
Apr Jun Sept Dec Mar Jun Sept Dec Mar Jun Sept Dec Mar Jun Sept Dec
2020
Mar
45Jun Sept
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb MarJan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
TVer
GYAO
Netflix
TVer
Amazon Prime Video
GYAO
[ABEMA] ABEMA has one of the largest MAUs in the country with many young users
MAU of Video Streaming Services MAU in teenagers to 20s
MAU of Video Streaming Services Based on App Ape an app analysis tool provided by Fuller Inc (as of March 2020)
Amazon Prime Video
2019 2019 20202020
Hulu
TELASA(Former videopass)
Netflix
dTV
DAZNParaviU-NEXT
Hulu
dTV
DAZNParavi
U-NEXT
TELASA(Former videopass)
46
6 Media Business
118
267
269
475
352
550 568
418
510
729
658
591623
550
628
679
918
732
855
1070
1027
843
1330
1059
1005
928
1269
1038
829
1198
1087
1431
1490
1253
1321
1038
1456
1325
1403
1142
1423
1211
Apr Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep
472016 2017 2018 2019
10M WAU
2020copyAbemaTV Inc
Sports amp InterestLive StreamingInformation on COVID-19
A viewing habit of ldquoWhen something happened turn on ABEMArdquo has been developed WAU remain stable after lifting of the stay-at-home request
6 Media Business
Growth of WAU
[ABEMA]
WAU Weekly Active Users
million
48copyAbemaTV Inc
6 Media Business
[ABEMA] High-quality shows of ABEMA have been recognized Two original shows has awarded at the 36th ATP Award TV Grand Prix
Information amp Variety CategoryFirst Prize
ldquoYou canrsquot fool me Miss Wolfyrdquo
Drama CategoryEncouragement Prize
ldquoIn the world where I am the only 17-year-oldrdquo
49copyAbemaTVInc
TV Asahi Corporation ldquoTELASArdquo and ABEMA are working on the collaborative project Japanese remake of the world-famous drama ldquo24rdquo begun to airABEMA exclusive episodes are also broadcast
24 JAPANcopy 2020 Twentieth Century Fox Film Corporation All Rights Reserved Broadcasting has started since October 9 2020ABEMA exclusive episodes Japan version exclusive episodes are broadcast for ABEMA premium users
6 Media Business
[ABEMA]
4753
Users by GenderUsers by Age Group
Users are mainly young people
Teenagers22
[ABEMA]
50
6 Media Business
Age 35+40
Age 20-3438
September2020
September2020
43
On-demand viewing ratio Total viewing hours of ABEMAVideo which include both free and paid users
On-demand
September2020Linear
57
Time Spent by Linear vs On-demand
[ABEMA]
On-demand viewing ratio has increased
51
6 Media Business
Time Spent by Device
SP69
TB8
PC12
TV10
September2020
Time spent watching ABEMA via PC or TV devices have increased
Number of Programs
Linear
700 Series month
5500 Episodes
Approx 1100
26000
On-demand
(Approx 600 original episodes)
Original Programs which ldquoABEMArdquo produces such as dating reality shows variety shows drama and news The Number of programs As of March 2020
Approx
Approx
Approx
Series
Episodes
(Approx 8000 original episodes)
ABEMA is a hybrid of linear TV and videoThe shows broadcast on linear TV are added to the on-demand lineup
[ABEMA]
copyAbemaTV Inc52
6 Media Business
TVer GYAO
Advertising
Use
r-g
ener
ated
co
nten
tPr
ofes
sion
al-c
reat
ed c
onte
nt
YouTube niconico
Amazonprime video
TELASA(Former videopass)
Paravi
Netflix
DAZN Hulu
dTV
Subscription
Video streaming services map
[ABEMA] Revenue streams are ldquoadvertisingrdquo and ldquosubscriptionrdquo
Video streaming services map Made by CyberAgent based on our research on the business model of each video streaming service (As of March 2020)
U-NEXT
53
6 Media Business
54
80K
ABEMA Exclusive LDH FestivalAvailable since September 28
Special movie co-produced with Toei Video Streaming starts on January 1
Dec 2017
6 Media Business
[ABEMA] 844K subscribers at the end of SeptemberWe are aiming to reach 1 million subscribers by the end of December
Exclusive Content on ABEMA PremiumldquoABEMA Premiumrdquo Subscribers
Sept 2020
844K
copyAbemaTV Inc
FY2016 FY2017 FY2018 FY2019 FY2020 55
138
63
19
211
02
Official Shopping Channel of ABEMA
MonthlySubscription
Related Businesses
Sales of ABEMA amp Related Businesses Advertising sales include consolidated subsidiary AJA Inc since FY2019 copyAbemaTV Inc
6 Media Business
[Sales of ABEMA amp Related Businesses (Full-year)]
Increased by approx 15x YoY driven by the growth of related businesses
Ads
ldquoABEMA PPV ONLINE LIVErdquo
Bet on Cycling Online ldquoWINTICKETrdquo
billion yen
56
6 Media Business
[ABEMA] Streaming a variety of exclusive live shows on ldquoABEMA PPV ONLINE LIVErdquo
July to September Lineup
copyAbemaTV Inc
57
Comment
Tipping
Product Sales
Catch-up Replay
Time-shift Replay
Multi-angle View
Voting
[ABEMA] Pay-Per-View feature offers not only online live entertainment but also various other functions
Ticket Purchase Comment Feature Features Available
Features to be added
copyAbemaTV Inc
6 Media Business
58
Upcoming Live Concerts
FY2020 3Q FY2020 4Q
23
01
6 Media Business
[ABEMA] Sales of PPV service is growing rapidly The upcoming event list is ever-expanding
Sales of PPV
copyAbemaTV Inc
billion yen
FY2019 3Q FY2019 4Q FY2020 1Q FY2020 2Q FY2020 3Q FY2020 4Q
04
17
59
08
35
72
137
17x
6 Media Business
[ABEMA] The transaction amount of ldquoWINTICKETrdquo is burgeoning increased by 17x year over year
Quarterly Transaction Amount Transaction amount of WinTicket Inc that operates internet betting system of Keirin races (includes loyalty point campaign)
billion yen
Quarterly Transaction Amount
60copyAbemaTV
[ABEMA] We continue to actively promote collaborations with partner companies
Business Alliance Partnership
Gonosy
New Billing Service
Shareholding ratio CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30Compatible with TV devices As of the end of April 2020 (adopted models only)
6 Media Business
SMART MOBILE COMMUNICATIONS Co Ltd
Compatible with TV devices
SHARP AQUOS SONY 4K BRAVIA Panasonic VIERA TOSHIBA REGZA
Mitsubishi Electric REAL Hisense
OSAKA GAS COLTD
Subscription
Advertising
RelatedBusiness etc
Accelerate monetization by related business etc
while increasing advertising and subscription revenues
2016
Medium and Long-Term Sales Pipeline
2019
[ABEMA]
61
6 Media Business
FY2021
7 FY2021
62
Game
Ad
Media
Make successful games and enhance the operational capability to run long term games
Aim to increase sales by maximizing advertising effectiveness
Grow ABEMA larger and increase monetization
Grow ABEMA as a medium to long-term pillar
63
7 FY2021
8Dividend and Management Index
Dividend and Management Index
64
FY2016 FY2017 FY2018 FY2019 FY20200
1
2
3
4
5
6
7
8
9
10
11
12
13
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
65CyberAgent Inc vs Nikkei Stock Average (Nikkei 225) Transition of stock price of CyberAgent vs Nikkei stock avarage
Stock Price of CyberAgent vs Nikkei Stock Average Total dividend Amount
[Return to Shareholders]
CyberAgent
Nikkei Stock Average
414040
31
8Dividend and Management Index
We aim to increase stock price over the medium to long-term and pay dividend continually
42billion yen
timesROE DOEDividend Payout Ratio
＝
株主への経営指標は
66
We adopted ldquoDOE 5 or morerdquo as management index to maintain shareholder returns through dividends or share buybacks etc during the investment phase
FY2021 Dividend Payout Ratio 467-583 Total Dividend Amount 46billion yen (Planned)
[Management Index]
DOE Dividend on Equity (ROE x Dividend Payout Ratio)FY2021 Dividend Payout Ratio and Total Dividend Amount Expected Dividend 37yen x Number of outstanding shares excluding treasury shares as of September 2020
8Dividend and Management Index
44
52 50 52 51
FY2016 FY2017 FY2018 FY2019 FY2020
231
1000
830
2452
649
FY2016 FY2017 FY2018 FY2019 FY2020
189
5260
21
78
FY2016 FY2017 FY2018 FY2019 FY2020
51
78 649
Nikkei Average 26
0
1000
2000
3000
4000
5000
6000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
67
Share price [unit yen]
[Acquisition of treasury stock] Purchased and retired treasury stocks 4 times
Changes in stock prices
Feb 2002Acquired treasury stocks
worth 15 billion yen（Jun 2004 119 billion yen
retired）
Nov 2007Acquired treasury stocks
worth 099 billion yen（Sep 2008 099 billion yen
retired）
Oct 2011Acquired treasury stocks
worth 199 billion yen
Feb 2013Acquired treasury stocks
worth 499 billion yen（Feb 2013 43 billion yen
retired）
Apr 2004Collapse of
Internet bubble
Jan 2006Livedoor
shock
Sep 2008Influence of
subprime crisis
May 2012Complete gacha
shock
8Dividend and Management Index
9 Reference
Reference
68
bull Governancebull Quarterly Results (July ndash September 2020)
69
Board of Directors
Four executive directors include a female director
本体役員室
常務執行役員
9 Reference_ Governance
We developed a new structure to strengthen governance and make a clear distinction between management oversight and execution
Corporate Executive Office
Managing Executive Officers Executive Officers
Four outside directors
Eight executive directors who are higher than senior managing executive officers
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
Anime series based on original IP games of Cygames Inc are expanding
35
2019年10月放送開始
5 Game Business
[New Game]
Card battle RPGPlatform Nintendo Switch(TM)
Shadowverse Champions Battle UMA MUSUME Pretty Derby
Training simulation
Anime Series on TVShadowverse
Anime Series on TVUMA MUSUME Pretty Derby Season 2
PRINCESS CONNECT ReDive
Thai ver has released following the simplified Chinese ver Dramatic Anime RPG
Nov5On Sale
To be released in 2020
4月7日より放送中
Being aired sinceApr7
Availablesince Sept 18
To be aired in 2021
To be aired
Anime series ldquoShadowverserdquo copy Anime series ldquoShadowverserdquo Production Committee and TV Tokyo Being aired on ABEMA TV Tokyo Network of 6 channels ldquoShadowverse Champions Battlerdquo anime Series ldquoPRINCESS CONNECT ReDive Season 2rdquo anime series ldquoUMA MUSUME Pretty Derbyrdquo copyCygames Inc ldquoPRINCESS CONNECT ReDiverdquo Thai Version copyCygames Inc Service provided by Ini3 Digital PLC Available on iOSAndroid Anime series ldquoUMA MUSUME Pretty Derby Season 2rdquo copy Anime series ldquoUMA MUSUME Pretty Derby Season 2rdquo Production Committee
Anime SeriesPRINCESS CONNECT ReDive Season 2
1
2
3
High hit rate of Cygames Inc
[Competitive Advantage]
More than one successful game title
Operation Capability to run long term games
36
5 Game Business
Media
6 Media Business
37
231
284
382
465
570
FY2016 FY2017 FY2018 FY2019 FY2020
[Full Year Sales]Sales were driven by ABEMA Loss of ABEMA and related businesses
reduced(up 226 YoY)
38
6 Media Business
Loss of ABEMA and related businesses Sum of AbemaTV Inc Winticket Inc OEN Inc AJA Inc and Kaeru AbemaTV Inc Segment reclassification in FY2020 Some EC businesses that were included in Internet Advertisement Business has merged and reflected from FY2016
billion yen-75
-179-172 -168
-182
FY2016 FY2017 FY2018 FY2019 FY2020
billion yen
FY2019 FY2020
-185-206
Loss of ABEMA amp related businesses
[Full Year OP]
6056 54
6064
71 7276
91 90 93
106114116
112
122 122
138133
176
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
06
-001
-30
-51
-44
-49
-45
-40
-33
-40
-47-50
-46-43
-41
-36
-50
-42-40
-46
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
6 Media Business
[Quarterly Sales] [Quarterly OP]
The upfront investment in PPV service etc has resulted in the OP of
-46 billion yen
ABEMA rolled out PPV service
176 billion yen (grew 14x YoY)
PPV Pay Per View service launched in June 2020 Segment reclassification in FY2020 Some EC businesses that were included in Internet Advertisement Business has merged and reflected from FY2016
39
billion yen
billion yen
Quarterly OP Special incentives in FY2016 and FY2020 are excluded
What is ABEMA
April 11 2016 Official launch
40
6 Media Business
0
20
40
60
80
100
120
140
160
180
2011 2013 2015 2017 2019
41Media consumption is calculated average time spent per day of Male and female who are age 15 to 59 and reside in Tokyo Researched by Hakuhodo DY Media Partners Inc
TV
Average Media Consumption per Day
Time spent on mobile is drastically increasing [ABEMA]
6 Media Business
OperationUIUX
Production Marketing
SportsNews
Variety shows
Broadcast Technology
Internet Program Production
AbemaTV Inc announced the issuance of new shares to Dentsu Inc and Hakuhodo DY Media Partners Inc through a third-party allocation on October 31 2018Shareholding Ratio after TPA CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30
AbemaTV Inc has established as a joint venture between CyberAgent Inc and TV Asahi corporation
42
6 Media Business
[ABEMA]
[ABEMA] A hybrid entertainment of TV and video ldquoABEMArdquo
Aimed at young
Diversecontents
Best TV quality
20 channels 24 hours programming
UIUX adapted to
devices
Features and Strengths
43
6 Media Business
Variety Show
Anime
Interest
News
SPECIAL SPECIAL2
Drama K WORLD
HIPHOP
Sports
News
Drama
RADIO
GOLD
KoreanChinese
FightingSports Sports
Fishing
Mar-jongJapanese Chess
About 20 Channels
Anime LIVE Anime for ALL
Breaking News
As of October 2020
[ABEMA]
ABEMA Anime
44
Licensed
Original
Dplayby Discovery
Keirin(Cycle Race)
motorcycle race
6 Media Business
6 Media Business
Exceeded 59 million downloads in four and a half years after the launch
Downloads
59MDL
April 112016
Release
2016 20192017 2018
Apr Jun Sept Dec Mar Jun Sept Dec Mar Jun Sept Dec Mar Jun Sept Dec
2020
Mar
45Jun Sept
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb MarJan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
TVer
GYAO
Netflix
TVer
Amazon Prime Video
GYAO
[ABEMA] ABEMA has one of the largest MAUs in the country with many young users
MAU of Video Streaming Services MAU in teenagers to 20s
MAU of Video Streaming Services Based on App Ape an app analysis tool provided by Fuller Inc (as of March 2020)
Amazon Prime Video
2019 2019 20202020
Hulu
TELASA(Former videopass)
Netflix
dTV
DAZNParaviU-NEXT
Hulu
dTV
DAZNParavi
U-NEXT
TELASA(Former videopass)
46
6 Media Business
118
267
269
475
352
550 568
418
510
729
658
591623
550
628
679
918
732
855
1070
1027
843
1330
1059
1005
928
1269
1038
829
1198
1087
1431
1490
1253
1321
1038
1456
1325
1403
1142
1423
1211
Apr Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep
472016 2017 2018 2019
10M WAU
2020copyAbemaTV Inc
Sports amp InterestLive StreamingInformation on COVID-19
A viewing habit of ldquoWhen something happened turn on ABEMArdquo has been developed WAU remain stable after lifting of the stay-at-home request
6 Media Business
Growth of WAU
[ABEMA]
WAU Weekly Active Users
million
48copyAbemaTV Inc
6 Media Business
[ABEMA] High-quality shows of ABEMA have been recognized Two original shows has awarded at the 36th ATP Award TV Grand Prix
Information amp Variety CategoryFirst Prize
ldquoYou canrsquot fool me Miss Wolfyrdquo
Drama CategoryEncouragement Prize
ldquoIn the world where I am the only 17-year-oldrdquo
49copyAbemaTVInc
TV Asahi Corporation ldquoTELASArdquo and ABEMA are working on the collaborative project Japanese remake of the world-famous drama ldquo24rdquo begun to airABEMA exclusive episodes are also broadcast
24 JAPANcopy 2020 Twentieth Century Fox Film Corporation All Rights Reserved Broadcasting has started since October 9 2020ABEMA exclusive episodes Japan version exclusive episodes are broadcast for ABEMA premium users
6 Media Business
[ABEMA]
4753
Users by GenderUsers by Age Group
Users are mainly young people
Teenagers22
[ABEMA]
50
6 Media Business
Age 35+40
Age 20-3438
September2020
September2020
43
On-demand viewing ratio Total viewing hours of ABEMAVideo which include both free and paid users
On-demand
September2020Linear
57
Time Spent by Linear vs On-demand
[ABEMA]
On-demand viewing ratio has increased
51
6 Media Business
Time Spent by Device
SP69
TB8
PC12
TV10
September2020
Time spent watching ABEMA via PC or TV devices have increased
Number of Programs
Linear
700 Series month
5500 Episodes
Approx 1100
26000
On-demand
(Approx 600 original episodes)
Original Programs which ldquoABEMArdquo produces such as dating reality shows variety shows drama and news The Number of programs As of March 2020
Approx
Approx
Approx
Series
Episodes
(Approx 8000 original episodes)
ABEMA is a hybrid of linear TV and videoThe shows broadcast on linear TV are added to the on-demand lineup
[ABEMA]
copyAbemaTV Inc52
6 Media Business
TVer GYAO
Advertising
Use
r-g
ener
ated
co
nten
tPr
ofes
sion
al-c
reat
ed c
onte
nt
YouTube niconico
Amazonprime video
TELASA(Former videopass)
Paravi
Netflix
DAZN Hulu
dTV
Subscription
Video streaming services map
[ABEMA] Revenue streams are ldquoadvertisingrdquo and ldquosubscriptionrdquo
Video streaming services map Made by CyberAgent based on our research on the business model of each video streaming service (As of March 2020)
U-NEXT
53
6 Media Business
54
80K
ABEMA Exclusive LDH FestivalAvailable since September 28
Special movie co-produced with Toei Video Streaming starts on January 1
Dec 2017
6 Media Business
[ABEMA] 844K subscribers at the end of SeptemberWe are aiming to reach 1 million subscribers by the end of December
Exclusive Content on ABEMA PremiumldquoABEMA Premiumrdquo Subscribers
Sept 2020
844K
copyAbemaTV Inc
FY2016 FY2017 FY2018 FY2019 FY2020 55
138
63
19
211
02
Official Shopping Channel of ABEMA
MonthlySubscription
Related Businesses
Sales of ABEMA amp Related Businesses Advertising sales include consolidated subsidiary AJA Inc since FY2019 copyAbemaTV Inc
6 Media Business
[Sales of ABEMA amp Related Businesses (Full-year)]
Increased by approx 15x YoY driven by the growth of related businesses
Ads
ldquoABEMA PPV ONLINE LIVErdquo
Bet on Cycling Online ldquoWINTICKETrdquo
billion yen
56
6 Media Business
[ABEMA] Streaming a variety of exclusive live shows on ldquoABEMA PPV ONLINE LIVErdquo
July to September Lineup
copyAbemaTV Inc
57
Comment
Tipping
Product Sales
Catch-up Replay
Time-shift Replay
Multi-angle View
Voting
[ABEMA] Pay-Per-View feature offers not only online live entertainment but also various other functions
Ticket Purchase Comment Feature Features Available
Features to be added
copyAbemaTV Inc
6 Media Business
58
Upcoming Live Concerts
FY2020 3Q FY2020 4Q
23
01
6 Media Business
[ABEMA] Sales of PPV service is growing rapidly The upcoming event list is ever-expanding
Sales of PPV
copyAbemaTV Inc
billion yen
FY2019 3Q FY2019 4Q FY2020 1Q FY2020 2Q FY2020 3Q FY2020 4Q
04
17
59
08
35
72
137
17x
6 Media Business
[ABEMA] The transaction amount of ldquoWINTICKETrdquo is burgeoning increased by 17x year over year
Quarterly Transaction Amount Transaction amount of WinTicket Inc that operates internet betting system of Keirin races (includes loyalty point campaign)
billion yen
Quarterly Transaction Amount
60copyAbemaTV
[ABEMA] We continue to actively promote collaborations with partner companies
Business Alliance Partnership
Gonosy
New Billing Service
Shareholding ratio CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30Compatible with TV devices As of the end of April 2020 (adopted models only)
6 Media Business
SMART MOBILE COMMUNICATIONS Co Ltd
Compatible with TV devices
SHARP AQUOS SONY 4K BRAVIA Panasonic VIERA TOSHIBA REGZA
Mitsubishi Electric REAL Hisense
OSAKA GAS COLTD
Subscription
Advertising
RelatedBusiness etc
Accelerate monetization by related business etc
while increasing advertising and subscription revenues
2016
Medium and Long-Term Sales Pipeline
2019
[ABEMA]
61
6 Media Business
FY2021
7 FY2021
62
Game
Ad
Media
Make successful games and enhance the operational capability to run long term games
Aim to increase sales by maximizing advertising effectiveness
Grow ABEMA larger and increase monetization
Grow ABEMA as a medium to long-term pillar
63
7 FY2021
8Dividend and Management Index
Dividend and Management Index
64
FY2016 FY2017 FY2018 FY2019 FY20200
1
2
3
4
5
6
7
8
9
10
11
12
13
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
65CyberAgent Inc vs Nikkei Stock Average (Nikkei 225) Transition of stock price of CyberAgent vs Nikkei stock avarage
Stock Price of CyberAgent vs Nikkei Stock Average Total dividend Amount
[Return to Shareholders]
CyberAgent
Nikkei Stock Average
414040
31
8Dividend and Management Index
We aim to increase stock price over the medium to long-term and pay dividend continually
42billion yen
timesROE DOEDividend Payout Ratio
＝
株主への経営指標は
66
We adopted ldquoDOE 5 or morerdquo as management index to maintain shareholder returns through dividends or share buybacks etc during the investment phase
FY2021 Dividend Payout Ratio 467-583 Total Dividend Amount 46billion yen (Planned)
[Management Index]
DOE Dividend on Equity (ROE x Dividend Payout Ratio)FY2021 Dividend Payout Ratio and Total Dividend Amount Expected Dividend 37yen x Number of outstanding shares excluding treasury shares as of September 2020
8Dividend and Management Index
44
52 50 52 51
FY2016 FY2017 FY2018 FY2019 FY2020
231
1000
830
2452
649
FY2016 FY2017 FY2018 FY2019 FY2020
189
5260
21
78
FY2016 FY2017 FY2018 FY2019 FY2020
51
78 649
Nikkei Average 26
0
1000
2000
3000
4000
5000
6000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
67
Share price [unit yen]
[Acquisition of treasury stock] Purchased and retired treasury stocks 4 times
Changes in stock prices
Feb 2002Acquired treasury stocks
worth 15 billion yen（Jun 2004 119 billion yen
retired）
Nov 2007Acquired treasury stocks
worth 099 billion yen（Sep 2008 099 billion yen
retired）
Oct 2011Acquired treasury stocks
worth 199 billion yen
Feb 2013Acquired treasury stocks
worth 499 billion yen（Feb 2013 43 billion yen
retired）
Apr 2004Collapse of
Internet bubble
Jan 2006Livedoor
shock
Sep 2008Influence of
subprime crisis
May 2012Complete gacha
shock
8Dividend and Management Index
9 Reference
Reference
68
bull Governancebull Quarterly Results (July ndash September 2020)
69
Board of Directors
Four executive directors include a female director
本体役員室
常務執行役員
9 Reference_ Governance
We developed a new structure to strengthen governance and make a clear distinction between management oversight and execution
Corporate Executive Office
Managing Executive Officers Executive Officers
Four outside directors
Eight executive directors who are higher than senior managing executive officers
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
1
2
3
High hit rate of Cygames Inc
[Competitive Advantage]
More than one successful game title
Operation Capability to run long term games
36
5 Game Business
Media
6 Media Business
37
231
284
382
465
570
FY2016 FY2017 FY2018 FY2019 FY2020
[Full Year Sales]Sales were driven by ABEMA Loss of ABEMA and related businesses
reduced(up 226 YoY)
38
6 Media Business
Loss of ABEMA and related businesses Sum of AbemaTV Inc Winticket Inc OEN Inc AJA Inc and Kaeru AbemaTV Inc Segment reclassification in FY2020 Some EC businesses that were included in Internet Advertisement Business has merged and reflected from FY2016
billion yen-75
-179-172 -168
-182
FY2016 FY2017 FY2018 FY2019 FY2020
billion yen
FY2019 FY2020
-185-206
Loss of ABEMA amp related businesses
[Full Year OP]
6056 54
6064
71 7276
91 90 93
106114116
112
122 122
138133
176
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
06
-001
-30
-51
-44
-49
-45
-40
-33
-40
-47-50
-46-43
-41
-36
-50
-42-40
-46
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
6 Media Business
[Quarterly Sales] [Quarterly OP]
The upfront investment in PPV service etc has resulted in the OP of
-46 billion yen
ABEMA rolled out PPV service
176 billion yen (grew 14x YoY)
PPV Pay Per View service launched in June 2020 Segment reclassification in FY2020 Some EC businesses that were included in Internet Advertisement Business has merged and reflected from FY2016
39
billion yen
billion yen
Quarterly OP Special incentives in FY2016 and FY2020 are excluded
What is ABEMA
April 11 2016 Official launch
40
6 Media Business
0
20
40
60
80
100
120
140
160
180
2011 2013 2015 2017 2019
41Media consumption is calculated average time spent per day of Male and female who are age 15 to 59 and reside in Tokyo Researched by Hakuhodo DY Media Partners Inc
TV
Average Media Consumption per Day
Time spent on mobile is drastically increasing [ABEMA]
6 Media Business
OperationUIUX
Production Marketing
SportsNews
Variety shows
Broadcast Technology
Internet Program Production
AbemaTV Inc announced the issuance of new shares to Dentsu Inc and Hakuhodo DY Media Partners Inc through a third-party allocation on October 31 2018Shareholding Ratio after TPA CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30
AbemaTV Inc has established as a joint venture between CyberAgent Inc and TV Asahi corporation
42
6 Media Business
[ABEMA]
[ABEMA] A hybrid entertainment of TV and video ldquoABEMArdquo
Aimed at young
Diversecontents
Best TV quality
20 channels 24 hours programming
UIUX adapted to
devices
Features and Strengths
43
6 Media Business
Variety Show
Anime
Interest
News
SPECIAL SPECIAL2
Drama K WORLD
HIPHOP
Sports
News
Drama
RADIO
GOLD
KoreanChinese
FightingSports Sports
Fishing
Mar-jongJapanese Chess
About 20 Channels
Anime LIVE Anime for ALL
Breaking News
As of October 2020
[ABEMA]
ABEMA Anime
44
Licensed
Original
Dplayby Discovery
Keirin(Cycle Race)
motorcycle race
6 Media Business
6 Media Business
Exceeded 59 million downloads in four and a half years after the launch
Downloads
59MDL
April 112016
Release
2016 20192017 2018
Apr Jun Sept Dec Mar Jun Sept Dec Mar Jun Sept Dec Mar Jun Sept Dec
2020
Mar
45Jun Sept
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb MarJan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
TVer
GYAO
Netflix
TVer
Amazon Prime Video
GYAO
[ABEMA] ABEMA has one of the largest MAUs in the country with many young users
MAU of Video Streaming Services MAU in teenagers to 20s
MAU of Video Streaming Services Based on App Ape an app analysis tool provided by Fuller Inc (as of March 2020)
Amazon Prime Video
2019 2019 20202020
Hulu
TELASA(Former videopass)
Netflix
dTV
DAZNParaviU-NEXT
Hulu
dTV
DAZNParavi
U-NEXT
TELASA(Former videopass)
46
6 Media Business
118
267
269
475
352
550 568
418
510
729
658
591623
550
628
679
918
732
855
1070
1027
843
1330
1059
1005
928
1269
1038
829
1198
1087
1431
1490
1253
1321
1038
1456
1325
1403
1142
1423
1211
Apr Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep
472016 2017 2018 2019
10M WAU
2020copyAbemaTV Inc
Sports amp InterestLive StreamingInformation on COVID-19
A viewing habit of ldquoWhen something happened turn on ABEMArdquo has been developed WAU remain stable after lifting of the stay-at-home request
6 Media Business
Growth of WAU
[ABEMA]
WAU Weekly Active Users
million
48copyAbemaTV Inc
6 Media Business
[ABEMA] High-quality shows of ABEMA have been recognized Two original shows has awarded at the 36th ATP Award TV Grand Prix
Information amp Variety CategoryFirst Prize
ldquoYou canrsquot fool me Miss Wolfyrdquo
Drama CategoryEncouragement Prize
ldquoIn the world where I am the only 17-year-oldrdquo
49copyAbemaTVInc
TV Asahi Corporation ldquoTELASArdquo and ABEMA are working on the collaborative project Japanese remake of the world-famous drama ldquo24rdquo begun to airABEMA exclusive episodes are also broadcast
24 JAPANcopy 2020 Twentieth Century Fox Film Corporation All Rights Reserved Broadcasting has started since October 9 2020ABEMA exclusive episodes Japan version exclusive episodes are broadcast for ABEMA premium users
6 Media Business
[ABEMA]
4753
Users by GenderUsers by Age Group
Users are mainly young people
Teenagers22
[ABEMA]
50
6 Media Business
Age 35+40
Age 20-3438
September2020
September2020
43
On-demand viewing ratio Total viewing hours of ABEMAVideo which include both free and paid users
On-demand
September2020Linear
57
Time Spent by Linear vs On-demand
[ABEMA]
On-demand viewing ratio has increased
51
6 Media Business
Time Spent by Device
SP69
TB8
PC12
TV10
September2020
Time spent watching ABEMA via PC or TV devices have increased
Number of Programs
Linear
700 Series month
5500 Episodes
Approx 1100
26000
On-demand
(Approx 600 original episodes)
Original Programs which ldquoABEMArdquo produces such as dating reality shows variety shows drama and news The Number of programs As of March 2020
Approx
Approx
Approx
Series
Episodes
(Approx 8000 original episodes)
ABEMA is a hybrid of linear TV and videoThe shows broadcast on linear TV are added to the on-demand lineup
[ABEMA]
copyAbemaTV Inc52
6 Media Business
TVer GYAO
Advertising
Use
r-g
ener
ated
co
nten
tPr
ofes
sion
al-c
reat
ed c
onte
nt
YouTube niconico
Amazonprime video
TELASA(Former videopass)
Paravi
Netflix
DAZN Hulu
dTV
Subscription
Video streaming services map
[ABEMA] Revenue streams are ldquoadvertisingrdquo and ldquosubscriptionrdquo
Video streaming services map Made by CyberAgent based on our research on the business model of each video streaming service (As of March 2020)
U-NEXT
53
6 Media Business
54
80K
ABEMA Exclusive LDH FestivalAvailable since September 28
Special movie co-produced with Toei Video Streaming starts on January 1
Dec 2017
6 Media Business
[ABEMA] 844K subscribers at the end of SeptemberWe are aiming to reach 1 million subscribers by the end of December
Exclusive Content on ABEMA PremiumldquoABEMA Premiumrdquo Subscribers
Sept 2020
844K
copyAbemaTV Inc
FY2016 FY2017 FY2018 FY2019 FY2020 55
138
63
19
211
02
Official Shopping Channel of ABEMA
MonthlySubscription
Related Businesses
Sales of ABEMA amp Related Businesses Advertising sales include consolidated subsidiary AJA Inc since FY2019 copyAbemaTV Inc
6 Media Business
[Sales of ABEMA amp Related Businesses (Full-year)]
Increased by approx 15x YoY driven by the growth of related businesses
Ads
ldquoABEMA PPV ONLINE LIVErdquo
Bet on Cycling Online ldquoWINTICKETrdquo
billion yen
56
6 Media Business
[ABEMA] Streaming a variety of exclusive live shows on ldquoABEMA PPV ONLINE LIVErdquo
July to September Lineup
copyAbemaTV Inc
57
Comment
Tipping
Product Sales
Catch-up Replay
Time-shift Replay
Multi-angle View
Voting
[ABEMA] Pay-Per-View feature offers not only online live entertainment but also various other functions
Ticket Purchase Comment Feature Features Available
Features to be added
copyAbemaTV Inc
6 Media Business
58
Upcoming Live Concerts
FY2020 3Q FY2020 4Q
23
01
6 Media Business
[ABEMA] Sales of PPV service is growing rapidly The upcoming event list is ever-expanding
Sales of PPV
copyAbemaTV Inc
billion yen
FY2019 3Q FY2019 4Q FY2020 1Q FY2020 2Q FY2020 3Q FY2020 4Q
04
17
59
08
35
72
137
17x
6 Media Business
[ABEMA] The transaction amount of ldquoWINTICKETrdquo is burgeoning increased by 17x year over year
Quarterly Transaction Amount Transaction amount of WinTicket Inc that operates internet betting system of Keirin races (includes loyalty point campaign)
billion yen
Quarterly Transaction Amount
60copyAbemaTV
[ABEMA] We continue to actively promote collaborations with partner companies
Business Alliance Partnership
Gonosy
New Billing Service
Shareholding ratio CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30Compatible with TV devices As of the end of April 2020 (adopted models only)
6 Media Business
SMART MOBILE COMMUNICATIONS Co Ltd
Compatible with TV devices
SHARP AQUOS SONY 4K BRAVIA Panasonic VIERA TOSHIBA REGZA
Mitsubishi Electric REAL Hisense
OSAKA GAS COLTD
Subscription
Advertising
RelatedBusiness etc
Accelerate monetization by related business etc
while increasing advertising and subscription revenues
2016
Medium and Long-Term Sales Pipeline
2019
[ABEMA]
61
6 Media Business
FY2021
7 FY2021
62
Game
Ad
Media
Make successful games and enhance the operational capability to run long term games
Aim to increase sales by maximizing advertising effectiveness
Grow ABEMA larger and increase monetization
Grow ABEMA as a medium to long-term pillar
63
7 FY2021
8Dividend and Management Index
Dividend and Management Index
64
FY2016 FY2017 FY2018 FY2019 FY20200
1
2
3
4
5
6
7
8
9
10
11
12
13
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
65CyberAgent Inc vs Nikkei Stock Average (Nikkei 225) Transition of stock price of CyberAgent vs Nikkei stock avarage
Stock Price of CyberAgent vs Nikkei Stock Average Total dividend Amount
[Return to Shareholders]
CyberAgent
Nikkei Stock Average
414040
31
8Dividend and Management Index
We aim to increase stock price over the medium to long-term and pay dividend continually
42billion yen
timesROE DOEDividend Payout Ratio
＝
株主への経営指標は
66
We adopted ldquoDOE 5 or morerdquo as management index to maintain shareholder returns through dividends or share buybacks etc during the investment phase
FY2021 Dividend Payout Ratio 467-583 Total Dividend Amount 46billion yen (Planned)
[Management Index]
DOE Dividend on Equity (ROE x Dividend Payout Ratio)FY2021 Dividend Payout Ratio and Total Dividend Amount Expected Dividend 37yen x Number of outstanding shares excluding treasury shares as of September 2020
8Dividend and Management Index
44
52 50 52 51
FY2016 FY2017 FY2018 FY2019 FY2020
231
1000
830
2452
649
FY2016 FY2017 FY2018 FY2019 FY2020
189
5260
21
78
FY2016 FY2017 FY2018 FY2019 FY2020
51
78 649
Nikkei Average 26
0
1000
2000
3000
4000
5000
6000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
67
Share price [unit yen]
[Acquisition of treasury stock] Purchased and retired treasury stocks 4 times
Changes in stock prices
Feb 2002Acquired treasury stocks
worth 15 billion yen（Jun 2004 119 billion yen
retired）
Nov 2007Acquired treasury stocks
worth 099 billion yen（Sep 2008 099 billion yen
retired）
Oct 2011Acquired treasury stocks
worth 199 billion yen
Feb 2013Acquired treasury stocks
worth 499 billion yen（Feb 2013 43 billion yen
retired）
Apr 2004Collapse of
Internet bubble
Jan 2006Livedoor
shock
Sep 2008Influence of
subprime crisis
May 2012Complete gacha
shock
8Dividend and Management Index
9 Reference
Reference
68
bull Governancebull Quarterly Results (July ndash September 2020)
69
Board of Directors
Four executive directors include a female director
本体役員室
常務執行役員
9 Reference_ Governance
We developed a new structure to strengthen governance and make a clear distinction between management oversight and execution
Corporate Executive Office
Managing Executive Officers Executive Officers
Four outside directors
Eight executive directors who are higher than senior managing executive officers
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
Media
6 Media Business
37
231
284
382
465
570
FY2016 FY2017 FY2018 FY2019 FY2020
[Full Year Sales]Sales were driven by ABEMA Loss of ABEMA and related businesses
reduced(up 226 YoY)
38
6 Media Business
Loss of ABEMA and related businesses Sum of AbemaTV Inc Winticket Inc OEN Inc AJA Inc and Kaeru AbemaTV Inc Segment reclassification in FY2020 Some EC businesses that were included in Internet Advertisement Business has merged and reflected from FY2016
billion yen-75
-179-172 -168
-182
FY2016 FY2017 FY2018 FY2019 FY2020
billion yen
FY2019 FY2020
-185-206
Loss of ABEMA amp related businesses
[Full Year OP]
6056 54
6064
71 7276
91 90 93
106114116
112
122 122
138133
176
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
06
-001
-30
-51
-44
-49
-45
-40
-33
-40
-47-50
-46-43
-41
-36
-50
-42-40
-46
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
6 Media Business
[Quarterly Sales] [Quarterly OP]
The upfront investment in PPV service etc has resulted in the OP of
-46 billion yen
ABEMA rolled out PPV service
176 billion yen (grew 14x YoY)
PPV Pay Per View service launched in June 2020 Segment reclassification in FY2020 Some EC businesses that were included in Internet Advertisement Business has merged and reflected from FY2016
39
billion yen
billion yen
Quarterly OP Special incentives in FY2016 and FY2020 are excluded
What is ABEMA
April 11 2016 Official launch
40
6 Media Business
0
20
40
60
80
100
120
140
160
180
2011 2013 2015 2017 2019
41Media consumption is calculated average time spent per day of Male and female who are age 15 to 59 and reside in Tokyo Researched by Hakuhodo DY Media Partners Inc
TV
Average Media Consumption per Day
Time spent on mobile is drastically increasing [ABEMA]
6 Media Business
OperationUIUX
Production Marketing
SportsNews
Variety shows
Broadcast Technology
Internet Program Production
AbemaTV Inc announced the issuance of new shares to Dentsu Inc and Hakuhodo DY Media Partners Inc through a third-party allocation on October 31 2018Shareholding Ratio after TPA CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30
AbemaTV Inc has established as a joint venture between CyberAgent Inc and TV Asahi corporation
42
6 Media Business
[ABEMA]
[ABEMA] A hybrid entertainment of TV and video ldquoABEMArdquo
Aimed at young
Diversecontents
Best TV quality
20 channels 24 hours programming
UIUX adapted to
devices
Features and Strengths
43
6 Media Business
Variety Show
Anime
Interest
News
SPECIAL SPECIAL2
Drama K WORLD
HIPHOP
Sports
News
Drama
RADIO
GOLD
KoreanChinese
FightingSports Sports
Fishing
Mar-jongJapanese Chess
About 20 Channels
Anime LIVE Anime for ALL
Breaking News
As of October 2020
[ABEMA]
ABEMA Anime
44
Licensed
Original
Dplayby Discovery
Keirin(Cycle Race)
motorcycle race
6 Media Business
6 Media Business
Exceeded 59 million downloads in four and a half years after the launch
Downloads
59MDL
April 112016
Release
2016 20192017 2018
Apr Jun Sept Dec Mar Jun Sept Dec Mar Jun Sept Dec Mar Jun Sept Dec
2020
Mar
45Jun Sept
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb MarJan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
TVer
GYAO
Netflix
TVer
Amazon Prime Video
GYAO
[ABEMA] ABEMA has one of the largest MAUs in the country with many young users
MAU of Video Streaming Services MAU in teenagers to 20s
MAU of Video Streaming Services Based on App Ape an app analysis tool provided by Fuller Inc (as of March 2020)
Amazon Prime Video
2019 2019 20202020
Hulu
TELASA(Former videopass)
Netflix
dTV
DAZNParaviU-NEXT
Hulu
dTV
DAZNParavi
U-NEXT
TELASA(Former videopass)
46
6 Media Business
118
267
269
475
352
550 568
418
510
729
658
591623
550
628
679
918
732
855
1070
1027
843
1330
1059
1005
928
1269
1038
829
1198
1087
1431
1490
1253
1321
1038
1456
1325
1403
1142
1423
1211
Apr Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep
472016 2017 2018 2019
10M WAU
2020copyAbemaTV Inc
Sports amp InterestLive StreamingInformation on COVID-19
A viewing habit of ldquoWhen something happened turn on ABEMArdquo has been developed WAU remain stable after lifting of the stay-at-home request
6 Media Business
Growth of WAU
[ABEMA]
WAU Weekly Active Users
million
48copyAbemaTV Inc
6 Media Business
[ABEMA] High-quality shows of ABEMA have been recognized Two original shows has awarded at the 36th ATP Award TV Grand Prix
Information amp Variety CategoryFirst Prize
ldquoYou canrsquot fool me Miss Wolfyrdquo
Drama CategoryEncouragement Prize
ldquoIn the world where I am the only 17-year-oldrdquo
49copyAbemaTVInc
TV Asahi Corporation ldquoTELASArdquo and ABEMA are working on the collaborative project Japanese remake of the world-famous drama ldquo24rdquo begun to airABEMA exclusive episodes are also broadcast
24 JAPANcopy 2020 Twentieth Century Fox Film Corporation All Rights Reserved Broadcasting has started since October 9 2020ABEMA exclusive episodes Japan version exclusive episodes are broadcast for ABEMA premium users
6 Media Business
[ABEMA]
4753
Users by GenderUsers by Age Group
Users are mainly young people
Teenagers22
[ABEMA]
50
6 Media Business
Age 35+40
Age 20-3438
September2020
September2020
43
On-demand viewing ratio Total viewing hours of ABEMAVideo which include both free and paid users
On-demand
September2020Linear
57
Time Spent by Linear vs On-demand
[ABEMA]
On-demand viewing ratio has increased
51
6 Media Business
Time Spent by Device
SP69
TB8
PC12
TV10
September2020
Time spent watching ABEMA via PC or TV devices have increased
Number of Programs
Linear
700 Series month
5500 Episodes
Approx 1100
26000
On-demand
(Approx 600 original episodes)
Original Programs which ldquoABEMArdquo produces such as dating reality shows variety shows drama and news The Number of programs As of March 2020
Approx
Approx
Approx
Series
Episodes
(Approx 8000 original episodes)
ABEMA is a hybrid of linear TV and videoThe shows broadcast on linear TV are added to the on-demand lineup
[ABEMA]
copyAbemaTV Inc52
6 Media Business
TVer GYAO
Advertising
Use
r-g
ener
ated
co
nten
tPr
ofes
sion
al-c
reat
ed c
onte
nt
YouTube niconico
Amazonprime video
TELASA(Former videopass)
Paravi
Netflix
DAZN Hulu
dTV
Subscription
Video streaming services map
[ABEMA] Revenue streams are ldquoadvertisingrdquo and ldquosubscriptionrdquo
Video streaming services map Made by CyberAgent based on our research on the business model of each video streaming service (As of March 2020)
U-NEXT
53
6 Media Business
54
80K
ABEMA Exclusive LDH FestivalAvailable since September 28
Special movie co-produced with Toei Video Streaming starts on January 1
Dec 2017
6 Media Business
[ABEMA] 844K subscribers at the end of SeptemberWe are aiming to reach 1 million subscribers by the end of December
Exclusive Content on ABEMA PremiumldquoABEMA Premiumrdquo Subscribers
Sept 2020
844K
copyAbemaTV Inc
FY2016 FY2017 FY2018 FY2019 FY2020 55
138
63
19
211
02
Official Shopping Channel of ABEMA
MonthlySubscription
Related Businesses
Sales of ABEMA amp Related Businesses Advertising sales include consolidated subsidiary AJA Inc since FY2019 copyAbemaTV Inc
6 Media Business
[Sales of ABEMA amp Related Businesses (Full-year)]
Increased by approx 15x YoY driven by the growth of related businesses
Ads
ldquoABEMA PPV ONLINE LIVErdquo
Bet on Cycling Online ldquoWINTICKETrdquo
billion yen
56
6 Media Business
[ABEMA] Streaming a variety of exclusive live shows on ldquoABEMA PPV ONLINE LIVErdquo
July to September Lineup
copyAbemaTV Inc
57
Comment
Tipping
Product Sales
Catch-up Replay
Time-shift Replay
Multi-angle View
Voting
[ABEMA] Pay-Per-View feature offers not only online live entertainment but also various other functions
Ticket Purchase Comment Feature Features Available
Features to be added
copyAbemaTV Inc
6 Media Business
58
Upcoming Live Concerts
FY2020 3Q FY2020 4Q
23
01
6 Media Business
[ABEMA] Sales of PPV service is growing rapidly The upcoming event list is ever-expanding
Sales of PPV
copyAbemaTV Inc
billion yen
FY2019 3Q FY2019 4Q FY2020 1Q FY2020 2Q FY2020 3Q FY2020 4Q
04
17
59
08
35
72
137
17x
6 Media Business
[ABEMA] The transaction amount of ldquoWINTICKETrdquo is burgeoning increased by 17x year over year
Quarterly Transaction Amount Transaction amount of WinTicket Inc that operates internet betting system of Keirin races (includes loyalty point campaign)
billion yen
Quarterly Transaction Amount
60copyAbemaTV
[ABEMA] We continue to actively promote collaborations with partner companies
Business Alliance Partnership
Gonosy
New Billing Service
Shareholding ratio CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30Compatible with TV devices As of the end of April 2020 (adopted models only)
6 Media Business
SMART MOBILE COMMUNICATIONS Co Ltd
Compatible with TV devices
SHARP AQUOS SONY 4K BRAVIA Panasonic VIERA TOSHIBA REGZA
Mitsubishi Electric REAL Hisense
OSAKA GAS COLTD
Subscription
Advertising
RelatedBusiness etc
Accelerate monetization by related business etc
while increasing advertising and subscription revenues
2016
Medium and Long-Term Sales Pipeline
2019
[ABEMA]
61
6 Media Business
FY2021
7 FY2021
62
Game
Ad
Media
Make successful games and enhance the operational capability to run long term games
Aim to increase sales by maximizing advertising effectiveness
Grow ABEMA larger and increase monetization
Grow ABEMA as a medium to long-term pillar
63
7 FY2021
8Dividend and Management Index
Dividend and Management Index
64
FY2016 FY2017 FY2018 FY2019 FY20200
1
2
3
4
5
6
7
8
9
10
11
12
13
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
65CyberAgent Inc vs Nikkei Stock Average (Nikkei 225) Transition of stock price of CyberAgent vs Nikkei stock avarage
Stock Price of CyberAgent vs Nikkei Stock Average Total dividend Amount
[Return to Shareholders]
CyberAgent
Nikkei Stock Average
414040
31
8Dividend and Management Index
We aim to increase stock price over the medium to long-term and pay dividend continually
42billion yen
timesROE DOEDividend Payout Ratio
＝
株主への経営指標は
66
We adopted ldquoDOE 5 or morerdquo as management index to maintain shareholder returns through dividends or share buybacks etc during the investment phase
FY2021 Dividend Payout Ratio 467-583 Total Dividend Amount 46billion yen (Planned)
[Management Index]
DOE Dividend on Equity (ROE x Dividend Payout Ratio)FY2021 Dividend Payout Ratio and Total Dividend Amount Expected Dividend 37yen x Number of outstanding shares excluding treasury shares as of September 2020
8Dividend and Management Index
44
52 50 52 51
FY2016 FY2017 FY2018 FY2019 FY2020
231
1000
830
2452
649
FY2016 FY2017 FY2018 FY2019 FY2020
189
5260
21
78
FY2016 FY2017 FY2018 FY2019 FY2020
51
78 649
Nikkei Average 26
0
1000
2000
3000
4000
5000
6000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
67
Share price [unit yen]
[Acquisition of treasury stock] Purchased and retired treasury stocks 4 times
Changes in stock prices
Feb 2002Acquired treasury stocks
worth 15 billion yen（Jun 2004 119 billion yen
retired）
Nov 2007Acquired treasury stocks
worth 099 billion yen（Sep 2008 099 billion yen
retired）
Oct 2011Acquired treasury stocks
worth 199 billion yen
Feb 2013Acquired treasury stocks
worth 499 billion yen（Feb 2013 43 billion yen
retired）
Apr 2004Collapse of
Internet bubble
Jan 2006Livedoor
shock
Sep 2008Influence of
subprime crisis
May 2012Complete gacha
shock
8Dividend and Management Index
9 Reference
Reference
68
bull Governancebull Quarterly Results (July ndash September 2020)
69
Board of Directors
Four executive directors include a female director
本体役員室
常務執行役員
9 Reference_ Governance
We developed a new structure to strengthen governance and make a clear distinction between management oversight and execution
Corporate Executive Office
Managing Executive Officers Executive Officers
Four outside directors
Eight executive directors who are higher than senior managing executive officers
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
231
284
382
465
570
FY2016 FY2017 FY2018 FY2019 FY2020
[Full Year Sales]Sales were driven by ABEMA Loss of ABEMA and related businesses
reduced(up 226 YoY)
38
6 Media Business
Loss of ABEMA and related businesses Sum of AbemaTV Inc Winticket Inc OEN Inc AJA Inc and Kaeru AbemaTV Inc Segment reclassification in FY2020 Some EC businesses that were included in Internet Advertisement Business has merged and reflected from FY2016
billion yen-75
-179-172 -168
-182
FY2016 FY2017 FY2018 FY2019 FY2020
billion yen
FY2019 FY2020
-185-206
Loss of ABEMA amp related businesses
[Full Year OP]
6056 54
6064
71 7276
91 90 93
106114116
112
122 122
138133
176
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
06
-001
-30
-51
-44
-49
-45
-40
-33
-40
-47-50
-46-43
-41
-36
-50
-42-40
-46
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
6 Media Business
[Quarterly Sales] [Quarterly OP]
The upfront investment in PPV service etc has resulted in the OP of
-46 billion yen
ABEMA rolled out PPV service
176 billion yen (grew 14x YoY)
PPV Pay Per View service launched in June 2020 Segment reclassification in FY2020 Some EC businesses that were included in Internet Advertisement Business has merged and reflected from FY2016
39
billion yen
billion yen
Quarterly OP Special incentives in FY2016 and FY2020 are excluded
What is ABEMA
April 11 2016 Official launch
40
6 Media Business
0
20
40
60
80
100
120
140
160
180
2011 2013 2015 2017 2019
41Media consumption is calculated average time spent per day of Male and female who are age 15 to 59 and reside in Tokyo Researched by Hakuhodo DY Media Partners Inc
TV
Average Media Consumption per Day
Time spent on mobile is drastically increasing [ABEMA]
6 Media Business
OperationUIUX
Production Marketing
SportsNews
Variety shows
Broadcast Technology
Internet Program Production
AbemaTV Inc announced the issuance of new shares to Dentsu Inc and Hakuhodo DY Media Partners Inc through a third-party allocation on October 31 2018Shareholding Ratio after TPA CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30
AbemaTV Inc has established as a joint venture between CyberAgent Inc and TV Asahi corporation
42
6 Media Business
[ABEMA]
[ABEMA] A hybrid entertainment of TV and video ldquoABEMArdquo
Aimed at young
Diversecontents
Best TV quality
20 channels 24 hours programming
UIUX adapted to
devices
Features and Strengths
43
6 Media Business
Variety Show
Anime
Interest
News
SPECIAL SPECIAL2
Drama K WORLD
HIPHOP
Sports
News
Drama
RADIO
GOLD
KoreanChinese
FightingSports Sports
Fishing
Mar-jongJapanese Chess
About 20 Channels
Anime LIVE Anime for ALL
Breaking News
As of October 2020
[ABEMA]
ABEMA Anime
44
Licensed
Original
Dplayby Discovery
Keirin(Cycle Race)
motorcycle race
6 Media Business
6 Media Business
Exceeded 59 million downloads in four and a half years after the launch
Downloads
59MDL
April 112016
Release
2016 20192017 2018
Apr Jun Sept Dec Mar Jun Sept Dec Mar Jun Sept Dec Mar Jun Sept Dec
2020
Mar
45Jun Sept
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb MarJan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
TVer
GYAO
Netflix
TVer
Amazon Prime Video
GYAO
[ABEMA] ABEMA has one of the largest MAUs in the country with many young users
MAU of Video Streaming Services MAU in teenagers to 20s
MAU of Video Streaming Services Based on App Ape an app analysis tool provided by Fuller Inc (as of March 2020)
Amazon Prime Video
2019 2019 20202020
Hulu
TELASA(Former videopass)
Netflix
dTV
DAZNParaviU-NEXT
Hulu
dTV
DAZNParavi
U-NEXT
TELASA(Former videopass)
46
6 Media Business
118
267
269
475
352
550 568
418
510
729
658
591623
550
628
679
918
732
855
1070
1027
843
1330
1059
1005
928
1269
1038
829
1198
1087
1431
1490
1253
1321
1038
1456
1325
1403
1142
1423
1211
Apr Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep
472016 2017 2018 2019
10M WAU
2020copyAbemaTV Inc
Sports amp InterestLive StreamingInformation on COVID-19
A viewing habit of ldquoWhen something happened turn on ABEMArdquo has been developed WAU remain stable after lifting of the stay-at-home request
6 Media Business
Growth of WAU
[ABEMA]
WAU Weekly Active Users
million
48copyAbemaTV Inc
6 Media Business
[ABEMA] High-quality shows of ABEMA have been recognized Two original shows has awarded at the 36th ATP Award TV Grand Prix
Information amp Variety CategoryFirst Prize
ldquoYou canrsquot fool me Miss Wolfyrdquo
Drama CategoryEncouragement Prize
ldquoIn the world where I am the only 17-year-oldrdquo
49copyAbemaTVInc
TV Asahi Corporation ldquoTELASArdquo and ABEMA are working on the collaborative project Japanese remake of the world-famous drama ldquo24rdquo begun to airABEMA exclusive episodes are also broadcast
24 JAPANcopy 2020 Twentieth Century Fox Film Corporation All Rights Reserved Broadcasting has started since October 9 2020ABEMA exclusive episodes Japan version exclusive episodes are broadcast for ABEMA premium users
6 Media Business
[ABEMA]
4753
Users by GenderUsers by Age Group
Users are mainly young people
Teenagers22
[ABEMA]
50
6 Media Business
Age 35+40
Age 20-3438
September2020
September2020
43
On-demand viewing ratio Total viewing hours of ABEMAVideo which include both free and paid users
On-demand
September2020Linear
57
Time Spent by Linear vs On-demand
[ABEMA]
On-demand viewing ratio has increased
51
6 Media Business
Time Spent by Device
SP69
TB8
PC12
TV10
September2020
Time spent watching ABEMA via PC or TV devices have increased
Number of Programs
Linear
700 Series month
5500 Episodes
Approx 1100
26000
On-demand
(Approx 600 original episodes)
Original Programs which ldquoABEMArdquo produces such as dating reality shows variety shows drama and news The Number of programs As of March 2020
Approx
Approx
Approx
Series
Episodes
(Approx 8000 original episodes)
ABEMA is a hybrid of linear TV and videoThe shows broadcast on linear TV are added to the on-demand lineup
[ABEMA]
copyAbemaTV Inc52
6 Media Business
TVer GYAO
Advertising
Use
r-g
ener
ated
co
nten
tPr
ofes
sion
al-c
reat
ed c
onte
nt
YouTube niconico
Amazonprime video
TELASA(Former videopass)
Paravi
Netflix
DAZN Hulu
dTV
Subscription
Video streaming services map
[ABEMA] Revenue streams are ldquoadvertisingrdquo and ldquosubscriptionrdquo
Video streaming services map Made by CyberAgent based on our research on the business model of each video streaming service (As of March 2020)
U-NEXT
53
6 Media Business
54
80K
ABEMA Exclusive LDH FestivalAvailable since September 28
Special movie co-produced with Toei Video Streaming starts on January 1
Dec 2017
6 Media Business
[ABEMA] 844K subscribers at the end of SeptemberWe are aiming to reach 1 million subscribers by the end of December
Exclusive Content on ABEMA PremiumldquoABEMA Premiumrdquo Subscribers
Sept 2020
844K
copyAbemaTV Inc
FY2016 FY2017 FY2018 FY2019 FY2020 55
138
63
19
211
02
Official Shopping Channel of ABEMA
MonthlySubscription
Related Businesses
Sales of ABEMA amp Related Businesses Advertising sales include consolidated subsidiary AJA Inc since FY2019 copyAbemaTV Inc
6 Media Business
[Sales of ABEMA amp Related Businesses (Full-year)]
Increased by approx 15x YoY driven by the growth of related businesses
Ads
ldquoABEMA PPV ONLINE LIVErdquo
Bet on Cycling Online ldquoWINTICKETrdquo
billion yen
56
6 Media Business
[ABEMA] Streaming a variety of exclusive live shows on ldquoABEMA PPV ONLINE LIVErdquo
July to September Lineup
copyAbemaTV Inc
57
Comment
Tipping
Product Sales
Catch-up Replay
Time-shift Replay
Multi-angle View
Voting
[ABEMA] Pay-Per-View feature offers not only online live entertainment but also various other functions
Ticket Purchase Comment Feature Features Available
Features to be added
copyAbemaTV Inc
6 Media Business
58
Upcoming Live Concerts
FY2020 3Q FY2020 4Q
23
01
6 Media Business
[ABEMA] Sales of PPV service is growing rapidly The upcoming event list is ever-expanding
Sales of PPV
copyAbemaTV Inc
billion yen
FY2019 3Q FY2019 4Q FY2020 1Q FY2020 2Q FY2020 3Q FY2020 4Q
04
17
59
08
35
72
137
17x
6 Media Business
[ABEMA] The transaction amount of ldquoWINTICKETrdquo is burgeoning increased by 17x year over year
Quarterly Transaction Amount Transaction amount of WinTicket Inc that operates internet betting system of Keirin races (includes loyalty point campaign)
billion yen
Quarterly Transaction Amount
60copyAbemaTV
[ABEMA] We continue to actively promote collaborations with partner companies
Business Alliance Partnership
Gonosy
New Billing Service
Shareholding ratio CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30Compatible with TV devices As of the end of April 2020 (adopted models only)
6 Media Business
SMART MOBILE COMMUNICATIONS Co Ltd
Compatible with TV devices
SHARP AQUOS SONY 4K BRAVIA Panasonic VIERA TOSHIBA REGZA
Mitsubishi Electric REAL Hisense
OSAKA GAS COLTD
Subscription
Advertising
RelatedBusiness etc
Accelerate monetization by related business etc
while increasing advertising and subscription revenues
2016
Medium and Long-Term Sales Pipeline
2019
[ABEMA]
61
6 Media Business
FY2021
7 FY2021
62
Game
Ad
Media
Make successful games and enhance the operational capability to run long term games
Aim to increase sales by maximizing advertising effectiveness
Grow ABEMA larger and increase monetization
Grow ABEMA as a medium to long-term pillar
63
7 FY2021
8Dividend and Management Index
Dividend and Management Index
64
FY2016 FY2017 FY2018 FY2019 FY20200
1
2
3
4
5
6
7
8
9
10
11
12
13
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
65CyberAgent Inc vs Nikkei Stock Average (Nikkei 225) Transition of stock price of CyberAgent vs Nikkei stock avarage
Stock Price of CyberAgent vs Nikkei Stock Average Total dividend Amount
[Return to Shareholders]
CyberAgent
Nikkei Stock Average
414040
31
8Dividend and Management Index
We aim to increase stock price over the medium to long-term and pay dividend continually
42billion yen
timesROE DOEDividend Payout Ratio
＝
株主への経営指標は
66
We adopted ldquoDOE 5 or morerdquo as management index to maintain shareholder returns through dividends or share buybacks etc during the investment phase
FY2021 Dividend Payout Ratio 467-583 Total Dividend Amount 46billion yen (Planned)
[Management Index]
DOE Dividend on Equity (ROE x Dividend Payout Ratio)FY2021 Dividend Payout Ratio and Total Dividend Amount Expected Dividend 37yen x Number of outstanding shares excluding treasury shares as of September 2020
8Dividend and Management Index
44
52 50 52 51
FY2016 FY2017 FY2018 FY2019 FY2020
231
1000
830
2452
649
FY2016 FY2017 FY2018 FY2019 FY2020
189
5260
21
78
FY2016 FY2017 FY2018 FY2019 FY2020
51
78 649
Nikkei Average 26
0
1000
2000
3000
4000
5000
6000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
67
Share price [unit yen]
[Acquisition of treasury stock] Purchased and retired treasury stocks 4 times
Changes in stock prices
Feb 2002Acquired treasury stocks
worth 15 billion yen（Jun 2004 119 billion yen
retired）
Nov 2007Acquired treasury stocks
worth 099 billion yen（Sep 2008 099 billion yen
retired）
Oct 2011Acquired treasury stocks
worth 199 billion yen
Feb 2013Acquired treasury stocks
worth 499 billion yen（Feb 2013 43 billion yen
retired）
Apr 2004Collapse of
Internet bubble
Jan 2006Livedoor
shock
Sep 2008Influence of
subprime crisis
May 2012Complete gacha
shock
8Dividend and Management Index
9 Reference
Reference
68
bull Governancebull Quarterly Results (July ndash September 2020)
69
Board of Directors
Four executive directors include a female director
本体役員室
常務執行役員
9 Reference_ Governance
We developed a new structure to strengthen governance and make a clear distinction between management oversight and execution
Corporate Executive Office
Managing Executive Officers Executive Officers
Four outside directors
Eight executive directors who are higher than senior managing executive officers
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
6056 54
6064
71 7276
91 90 93
106114116
112
122 122
138133
176
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
06
-001
-30
-51
-44
-49
-45
-40
-33
-40
-47-50
-46-43
-41
-36
-50
-42-40
-46
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
6 Media Business
[Quarterly Sales] [Quarterly OP]
The upfront investment in PPV service etc has resulted in the OP of
-46 billion yen
ABEMA rolled out PPV service
176 billion yen (grew 14x YoY)
PPV Pay Per View service launched in June 2020 Segment reclassification in FY2020 Some EC businesses that were included in Internet Advertisement Business has merged and reflected from FY2016
39
billion yen
billion yen
Quarterly OP Special incentives in FY2016 and FY2020 are excluded
What is ABEMA
April 11 2016 Official launch
40
6 Media Business
0
20
40
60
80
100
120
140
160
180
2011 2013 2015 2017 2019
41Media consumption is calculated average time spent per day of Male and female who are age 15 to 59 and reside in Tokyo Researched by Hakuhodo DY Media Partners Inc
TV
Average Media Consumption per Day
Time spent on mobile is drastically increasing [ABEMA]
6 Media Business
OperationUIUX
Production Marketing
SportsNews
Variety shows
Broadcast Technology
Internet Program Production
AbemaTV Inc announced the issuance of new shares to Dentsu Inc and Hakuhodo DY Media Partners Inc through a third-party allocation on October 31 2018Shareholding Ratio after TPA CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30
AbemaTV Inc has established as a joint venture between CyberAgent Inc and TV Asahi corporation
42
6 Media Business
[ABEMA]
[ABEMA] A hybrid entertainment of TV and video ldquoABEMArdquo
Aimed at young
Diversecontents
Best TV quality
20 channels 24 hours programming
UIUX adapted to
devices
Features and Strengths
43
6 Media Business
Variety Show
Anime
Interest
News
SPECIAL SPECIAL2
Drama K WORLD
HIPHOP
Sports
News
Drama
RADIO
GOLD
KoreanChinese
FightingSports Sports
Fishing
Mar-jongJapanese Chess
About 20 Channels
Anime LIVE Anime for ALL
Breaking News
As of October 2020
[ABEMA]
ABEMA Anime
44
Licensed
Original
Dplayby Discovery
Keirin(Cycle Race)
motorcycle race
6 Media Business
6 Media Business
Exceeded 59 million downloads in four and a half years after the launch
Downloads
59MDL
April 112016
Release
2016 20192017 2018
Apr Jun Sept Dec Mar Jun Sept Dec Mar Jun Sept Dec Mar Jun Sept Dec
2020
Mar
45Jun Sept
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb MarJan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
TVer
GYAO
Netflix
TVer
Amazon Prime Video
GYAO
[ABEMA] ABEMA has one of the largest MAUs in the country with many young users
MAU of Video Streaming Services MAU in teenagers to 20s
MAU of Video Streaming Services Based on App Ape an app analysis tool provided by Fuller Inc (as of March 2020)
Amazon Prime Video
2019 2019 20202020
Hulu
TELASA(Former videopass)
Netflix
dTV
DAZNParaviU-NEXT
Hulu
dTV
DAZNParavi
U-NEXT
TELASA(Former videopass)
46
6 Media Business
118
267
269
475
352
550 568
418
510
729
658
591623
550
628
679
918
732
855
1070
1027
843
1330
1059
1005
928
1269
1038
829
1198
1087
1431
1490
1253
1321
1038
1456
1325
1403
1142
1423
1211
Apr Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep
472016 2017 2018 2019
10M WAU
2020copyAbemaTV Inc
Sports amp InterestLive StreamingInformation on COVID-19
A viewing habit of ldquoWhen something happened turn on ABEMArdquo has been developed WAU remain stable after lifting of the stay-at-home request
6 Media Business
Growth of WAU
[ABEMA]
WAU Weekly Active Users
million
48copyAbemaTV Inc
6 Media Business
[ABEMA] High-quality shows of ABEMA have been recognized Two original shows has awarded at the 36th ATP Award TV Grand Prix
Information amp Variety CategoryFirst Prize
ldquoYou canrsquot fool me Miss Wolfyrdquo
Drama CategoryEncouragement Prize
ldquoIn the world where I am the only 17-year-oldrdquo
49copyAbemaTVInc
TV Asahi Corporation ldquoTELASArdquo and ABEMA are working on the collaborative project Japanese remake of the world-famous drama ldquo24rdquo begun to airABEMA exclusive episodes are also broadcast
24 JAPANcopy 2020 Twentieth Century Fox Film Corporation All Rights Reserved Broadcasting has started since October 9 2020ABEMA exclusive episodes Japan version exclusive episodes are broadcast for ABEMA premium users
6 Media Business
[ABEMA]
4753
Users by GenderUsers by Age Group
Users are mainly young people
Teenagers22
[ABEMA]
50
6 Media Business
Age 35+40
Age 20-3438
September2020
September2020
43
On-demand viewing ratio Total viewing hours of ABEMAVideo which include both free and paid users
On-demand
September2020Linear
57
Time Spent by Linear vs On-demand
[ABEMA]
On-demand viewing ratio has increased
51
6 Media Business
Time Spent by Device
SP69
TB8
PC12
TV10
September2020
Time spent watching ABEMA via PC or TV devices have increased
Number of Programs
Linear
700 Series month
5500 Episodes
Approx 1100
26000
On-demand
(Approx 600 original episodes)
Original Programs which ldquoABEMArdquo produces such as dating reality shows variety shows drama and news The Number of programs As of March 2020
Approx
Approx
Approx
Series
Episodes
(Approx 8000 original episodes)
ABEMA is a hybrid of linear TV and videoThe shows broadcast on linear TV are added to the on-demand lineup
[ABEMA]
copyAbemaTV Inc52
6 Media Business
TVer GYAO
Advertising
Use
r-g
ener
ated
co
nten
tPr
ofes
sion
al-c
reat
ed c
onte
nt
YouTube niconico
Amazonprime video
TELASA(Former videopass)
Paravi
Netflix
DAZN Hulu
dTV
Subscription
Video streaming services map
[ABEMA] Revenue streams are ldquoadvertisingrdquo and ldquosubscriptionrdquo
Video streaming services map Made by CyberAgent based on our research on the business model of each video streaming service (As of March 2020)
U-NEXT
53
6 Media Business
54
80K
ABEMA Exclusive LDH FestivalAvailable since September 28
Special movie co-produced with Toei Video Streaming starts on January 1
Dec 2017
6 Media Business
[ABEMA] 844K subscribers at the end of SeptemberWe are aiming to reach 1 million subscribers by the end of December
Exclusive Content on ABEMA PremiumldquoABEMA Premiumrdquo Subscribers
Sept 2020
844K
copyAbemaTV Inc
FY2016 FY2017 FY2018 FY2019 FY2020 55
138
63
19
211
02
Official Shopping Channel of ABEMA
MonthlySubscription
Related Businesses
Sales of ABEMA amp Related Businesses Advertising sales include consolidated subsidiary AJA Inc since FY2019 copyAbemaTV Inc
6 Media Business
[Sales of ABEMA amp Related Businesses (Full-year)]
Increased by approx 15x YoY driven by the growth of related businesses
Ads
ldquoABEMA PPV ONLINE LIVErdquo
Bet on Cycling Online ldquoWINTICKETrdquo
billion yen
56
6 Media Business
[ABEMA] Streaming a variety of exclusive live shows on ldquoABEMA PPV ONLINE LIVErdquo
July to September Lineup
copyAbemaTV Inc
57
Comment
Tipping
Product Sales
Catch-up Replay
Time-shift Replay
Multi-angle View
Voting
[ABEMA] Pay-Per-View feature offers not only online live entertainment but also various other functions
Ticket Purchase Comment Feature Features Available
Features to be added
copyAbemaTV Inc
6 Media Business
58
Upcoming Live Concerts
FY2020 3Q FY2020 4Q
23
01
6 Media Business
[ABEMA] Sales of PPV service is growing rapidly The upcoming event list is ever-expanding
Sales of PPV
copyAbemaTV Inc
billion yen
FY2019 3Q FY2019 4Q FY2020 1Q FY2020 2Q FY2020 3Q FY2020 4Q
04
17
59
08
35
72
137
17x
6 Media Business
[ABEMA] The transaction amount of ldquoWINTICKETrdquo is burgeoning increased by 17x year over year
Quarterly Transaction Amount Transaction amount of WinTicket Inc that operates internet betting system of Keirin races (includes loyalty point campaign)
billion yen
Quarterly Transaction Amount
60copyAbemaTV
[ABEMA] We continue to actively promote collaborations with partner companies
Business Alliance Partnership
Gonosy
New Billing Service
Shareholding ratio CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30Compatible with TV devices As of the end of April 2020 (adopted models only)
6 Media Business
SMART MOBILE COMMUNICATIONS Co Ltd
Compatible with TV devices
SHARP AQUOS SONY 4K BRAVIA Panasonic VIERA TOSHIBA REGZA
Mitsubishi Electric REAL Hisense
OSAKA GAS COLTD
Subscription
Advertising
RelatedBusiness etc
Accelerate monetization by related business etc
while increasing advertising and subscription revenues
2016
Medium and Long-Term Sales Pipeline
2019
[ABEMA]
61
6 Media Business
FY2021
7 FY2021
62
Game
Ad
Media
Make successful games and enhance the operational capability to run long term games
Aim to increase sales by maximizing advertising effectiveness
Grow ABEMA larger and increase monetization
Grow ABEMA as a medium to long-term pillar
63
7 FY2021
8Dividend and Management Index
Dividend and Management Index
64
FY2016 FY2017 FY2018 FY2019 FY20200
1
2
3
4
5
6
7
8
9
10
11
12
13
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
65CyberAgent Inc vs Nikkei Stock Average (Nikkei 225) Transition of stock price of CyberAgent vs Nikkei stock avarage
Stock Price of CyberAgent vs Nikkei Stock Average Total dividend Amount
[Return to Shareholders]
CyberAgent
Nikkei Stock Average
414040
31
8Dividend and Management Index
We aim to increase stock price over the medium to long-term and pay dividend continually
42billion yen
timesROE DOEDividend Payout Ratio
＝
株主への経営指標は
66
We adopted ldquoDOE 5 or morerdquo as management index to maintain shareholder returns through dividends or share buybacks etc during the investment phase
FY2021 Dividend Payout Ratio 467-583 Total Dividend Amount 46billion yen (Planned)
[Management Index]
DOE Dividend on Equity (ROE x Dividend Payout Ratio)FY2021 Dividend Payout Ratio and Total Dividend Amount Expected Dividend 37yen x Number of outstanding shares excluding treasury shares as of September 2020
8Dividend and Management Index
44
52 50 52 51
FY2016 FY2017 FY2018 FY2019 FY2020
231
1000
830
2452
649
FY2016 FY2017 FY2018 FY2019 FY2020
189
5260
21
78
FY2016 FY2017 FY2018 FY2019 FY2020
51
78 649
Nikkei Average 26
0
1000
2000
3000
4000
5000
6000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
67
Share price [unit yen]
[Acquisition of treasury stock] Purchased and retired treasury stocks 4 times
Changes in stock prices
Feb 2002Acquired treasury stocks
worth 15 billion yen（Jun 2004 119 billion yen
retired）
Nov 2007Acquired treasury stocks
worth 099 billion yen（Sep 2008 099 billion yen
retired）
Oct 2011Acquired treasury stocks
worth 199 billion yen
Feb 2013Acquired treasury stocks
worth 499 billion yen（Feb 2013 43 billion yen
retired）
Apr 2004Collapse of
Internet bubble
Jan 2006Livedoor
shock
Sep 2008Influence of
subprime crisis
May 2012Complete gacha
shock
8Dividend and Management Index
9 Reference
Reference
68
bull Governancebull Quarterly Results (July ndash September 2020)
69
Board of Directors
Four executive directors include a female director
本体役員室
常務執行役員
9 Reference_ Governance
We developed a new structure to strengthen governance and make a clear distinction between management oversight and execution
Corporate Executive Office
Managing Executive Officers Executive Officers
Four outside directors
Eight executive directors who are higher than senior managing executive officers
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
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- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
What is ABEMA
April 11 2016 Official launch
40
6 Media Business
0
20
40
60
80
100
120
140
160
180
2011 2013 2015 2017 2019
41Media consumption is calculated average time spent per day of Male and female who are age 15 to 59 and reside in Tokyo Researched by Hakuhodo DY Media Partners Inc
TV
Average Media Consumption per Day
Time spent on mobile is drastically increasing [ABEMA]
6 Media Business
OperationUIUX
Production Marketing
SportsNews
Variety shows
Broadcast Technology
Internet Program Production
AbemaTV Inc announced the issuance of new shares to Dentsu Inc and Hakuhodo DY Media Partners Inc through a third-party allocation on October 31 2018Shareholding Ratio after TPA CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30
AbemaTV Inc has established as a joint venture between CyberAgent Inc and TV Asahi corporation
42
6 Media Business
[ABEMA]
[ABEMA] A hybrid entertainment of TV and video ldquoABEMArdquo
Aimed at young
Diversecontents
Best TV quality
20 channels 24 hours programming
UIUX adapted to
devices
Features and Strengths
43
6 Media Business
Variety Show
Anime
Interest
News
SPECIAL SPECIAL2
Drama K WORLD
HIPHOP
Sports
News
Drama
RADIO
GOLD
KoreanChinese
FightingSports Sports
Fishing
Mar-jongJapanese Chess
About 20 Channels
Anime LIVE Anime for ALL
Breaking News
As of October 2020
[ABEMA]
ABEMA Anime
44
Licensed
Original
Dplayby Discovery
Keirin(Cycle Race)
motorcycle race
6 Media Business
6 Media Business
Exceeded 59 million downloads in four and a half years after the launch
Downloads
59MDL
April 112016
Release
2016 20192017 2018
Apr Jun Sept Dec Mar Jun Sept Dec Mar Jun Sept Dec Mar Jun Sept Dec
2020
Mar
45Jun Sept
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb MarJan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
TVer
GYAO
Netflix
TVer
Amazon Prime Video
GYAO
[ABEMA] ABEMA has one of the largest MAUs in the country with many young users
MAU of Video Streaming Services MAU in teenagers to 20s
MAU of Video Streaming Services Based on App Ape an app analysis tool provided by Fuller Inc (as of March 2020)
Amazon Prime Video
2019 2019 20202020
Hulu
TELASA(Former videopass)
Netflix
dTV
DAZNParaviU-NEXT
Hulu
dTV
DAZNParavi
U-NEXT
TELASA(Former videopass)
46
6 Media Business
118
267
269
475
352
550 568
418
510
729
658
591623
550
628
679
918
732
855
1070
1027
843
1330
1059
1005
928
1269
1038
829
1198
1087
1431
1490
1253
1321
1038
1456
1325
1403
1142
1423
1211
Apr Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep
472016 2017 2018 2019
10M WAU
2020copyAbemaTV Inc
Sports amp InterestLive StreamingInformation on COVID-19
A viewing habit of ldquoWhen something happened turn on ABEMArdquo has been developed WAU remain stable after lifting of the stay-at-home request
6 Media Business
Growth of WAU
[ABEMA]
WAU Weekly Active Users
million
48copyAbemaTV Inc
6 Media Business
[ABEMA] High-quality shows of ABEMA have been recognized Two original shows has awarded at the 36th ATP Award TV Grand Prix
Information amp Variety CategoryFirst Prize
ldquoYou canrsquot fool me Miss Wolfyrdquo
Drama CategoryEncouragement Prize
ldquoIn the world where I am the only 17-year-oldrdquo
49copyAbemaTVInc
TV Asahi Corporation ldquoTELASArdquo and ABEMA are working on the collaborative project Japanese remake of the world-famous drama ldquo24rdquo begun to airABEMA exclusive episodes are also broadcast
24 JAPANcopy 2020 Twentieth Century Fox Film Corporation All Rights Reserved Broadcasting has started since October 9 2020ABEMA exclusive episodes Japan version exclusive episodes are broadcast for ABEMA premium users
6 Media Business
[ABEMA]
4753
Users by GenderUsers by Age Group
Users are mainly young people
Teenagers22
[ABEMA]
50
6 Media Business
Age 35+40
Age 20-3438
September2020
September2020
43
On-demand viewing ratio Total viewing hours of ABEMAVideo which include both free and paid users
On-demand
September2020Linear
57
Time Spent by Linear vs On-demand
[ABEMA]
On-demand viewing ratio has increased
51
6 Media Business
Time Spent by Device
SP69
TB8
PC12
TV10
September2020
Time spent watching ABEMA via PC or TV devices have increased
Number of Programs
Linear
700 Series month
5500 Episodes
Approx 1100
26000
On-demand
(Approx 600 original episodes)
Original Programs which ldquoABEMArdquo produces such as dating reality shows variety shows drama and news The Number of programs As of March 2020
Approx
Approx
Approx
Series
Episodes
(Approx 8000 original episodes)
ABEMA is a hybrid of linear TV and videoThe shows broadcast on linear TV are added to the on-demand lineup
[ABEMA]
copyAbemaTV Inc52
6 Media Business
TVer GYAO
Advertising
Use
r-g
ener
ated
co
nten
tPr
ofes
sion
al-c
reat
ed c
onte
nt
YouTube niconico
Amazonprime video
TELASA(Former videopass)
Paravi
Netflix
DAZN Hulu
dTV
Subscription
Video streaming services map
[ABEMA] Revenue streams are ldquoadvertisingrdquo and ldquosubscriptionrdquo
Video streaming services map Made by CyberAgent based on our research on the business model of each video streaming service (As of March 2020)
U-NEXT
53
6 Media Business
54
80K
ABEMA Exclusive LDH FestivalAvailable since September 28
Special movie co-produced with Toei Video Streaming starts on January 1
Dec 2017
6 Media Business
[ABEMA] 844K subscribers at the end of SeptemberWe are aiming to reach 1 million subscribers by the end of December
Exclusive Content on ABEMA PremiumldquoABEMA Premiumrdquo Subscribers
Sept 2020
844K
copyAbemaTV Inc
FY2016 FY2017 FY2018 FY2019 FY2020 55
138
63
19
211
02
Official Shopping Channel of ABEMA
MonthlySubscription
Related Businesses
Sales of ABEMA amp Related Businesses Advertising sales include consolidated subsidiary AJA Inc since FY2019 copyAbemaTV Inc
6 Media Business
[Sales of ABEMA amp Related Businesses (Full-year)]
Increased by approx 15x YoY driven by the growth of related businesses
Ads
ldquoABEMA PPV ONLINE LIVErdquo
Bet on Cycling Online ldquoWINTICKETrdquo
billion yen
56
6 Media Business
[ABEMA] Streaming a variety of exclusive live shows on ldquoABEMA PPV ONLINE LIVErdquo
July to September Lineup
copyAbemaTV Inc
57
Comment
Tipping
Product Sales
Catch-up Replay
Time-shift Replay
Multi-angle View
Voting
[ABEMA] Pay-Per-View feature offers not only online live entertainment but also various other functions
Ticket Purchase Comment Feature Features Available
Features to be added
copyAbemaTV Inc
6 Media Business
58
Upcoming Live Concerts
FY2020 3Q FY2020 4Q
23
01
6 Media Business
[ABEMA] Sales of PPV service is growing rapidly The upcoming event list is ever-expanding
Sales of PPV
copyAbemaTV Inc
billion yen
FY2019 3Q FY2019 4Q FY2020 1Q FY2020 2Q FY2020 3Q FY2020 4Q
04
17
59
08
35
72
137
17x
6 Media Business
[ABEMA] The transaction amount of ldquoWINTICKETrdquo is burgeoning increased by 17x year over year
Quarterly Transaction Amount Transaction amount of WinTicket Inc that operates internet betting system of Keirin races (includes loyalty point campaign)
billion yen
Quarterly Transaction Amount
60copyAbemaTV
[ABEMA] We continue to actively promote collaborations with partner companies
Business Alliance Partnership
Gonosy
New Billing Service
Shareholding ratio CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30Compatible with TV devices As of the end of April 2020 (adopted models only)
6 Media Business
SMART MOBILE COMMUNICATIONS Co Ltd
Compatible with TV devices
SHARP AQUOS SONY 4K BRAVIA Panasonic VIERA TOSHIBA REGZA
Mitsubishi Electric REAL Hisense
OSAKA GAS COLTD
Subscription
Advertising
RelatedBusiness etc
Accelerate monetization by related business etc
while increasing advertising and subscription revenues
2016
Medium and Long-Term Sales Pipeline
2019
[ABEMA]
61
6 Media Business
FY2021
7 FY2021
62
Game
Ad
Media
Make successful games and enhance the operational capability to run long term games
Aim to increase sales by maximizing advertising effectiveness
Grow ABEMA larger and increase monetization
Grow ABEMA as a medium to long-term pillar
63
7 FY2021
8Dividend and Management Index
Dividend and Management Index
64
FY2016 FY2017 FY2018 FY2019 FY20200
1
2
3
4
5
6
7
8
9
10
11
12
13
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
65CyberAgent Inc vs Nikkei Stock Average (Nikkei 225) Transition of stock price of CyberAgent vs Nikkei stock avarage
Stock Price of CyberAgent vs Nikkei Stock Average Total dividend Amount
[Return to Shareholders]
CyberAgent
Nikkei Stock Average
414040
31
8Dividend and Management Index
We aim to increase stock price over the medium to long-term and pay dividend continually
42billion yen
timesROE DOEDividend Payout Ratio
＝
株主への経営指標は
66
We adopted ldquoDOE 5 or morerdquo as management index to maintain shareholder returns through dividends or share buybacks etc during the investment phase
FY2021 Dividend Payout Ratio 467-583 Total Dividend Amount 46billion yen (Planned)
[Management Index]
DOE Dividend on Equity (ROE x Dividend Payout Ratio)FY2021 Dividend Payout Ratio and Total Dividend Amount Expected Dividend 37yen x Number of outstanding shares excluding treasury shares as of September 2020
8Dividend and Management Index
44
52 50 52 51
FY2016 FY2017 FY2018 FY2019 FY2020
231
1000
830
2452
649
FY2016 FY2017 FY2018 FY2019 FY2020
189
5260
21
78
FY2016 FY2017 FY2018 FY2019 FY2020
51
78 649
Nikkei Average 26
0
1000
2000
3000
4000
5000
6000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
67
Share price [unit yen]
[Acquisition of treasury stock] Purchased and retired treasury stocks 4 times
Changes in stock prices
Feb 2002Acquired treasury stocks
worth 15 billion yen（Jun 2004 119 billion yen
retired）
Nov 2007Acquired treasury stocks
worth 099 billion yen（Sep 2008 099 billion yen
retired）
Oct 2011Acquired treasury stocks
worth 199 billion yen
Feb 2013Acquired treasury stocks
worth 499 billion yen（Feb 2013 43 billion yen
retired）
Apr 2004Collapse of
Internet bubble
Jan 2006Livedoor
shock
Sep 2008Influence of
subprime crisis
May 2012Complete gacha
shock
8Dividend and Management Index
9 Reference
Reference
68
bull Governancebull Quarterly Results (July ndash September 2020)
69
Board of Directors
Four executive directors include a female director
本体役員室
常務執行役員
9 Reference_ Governance
We developed a new structure to strengthen governance and make a clear distinction between management oversight and execution
Corporate Executive Office
Managing Executive Officers Executive Officers
Four outside directors
Eight executive directors who are higher than senior managing executive officers
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
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- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
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- スライド番号 29
- スライド番号 30
- スライド番号 31
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- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
0
20
40
60
80
100
120
140
160
180
2011 2013 2015 2017 2019
41Media consumption is calculated average time spent per day of Male and female who are age 15 to 59 and reside in Tokyo Researched by Hakuhodo DY Media Partners Inc
TV
Average Media Consumption per Day
Time spent on mobile is drastically increasing [ABEMA]
6 Media Business
OperationUIUX
Production Marketing
SportsNews
Variety shows
Broadcast Technology
Internet Program Production
AbemaTV Inc announced the issuance of new shares to Dentsu Inc and Hakuhodo DY Media Partners Inc through a third-party allocation on October 31 2018Shareholding Ratio after TPA CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30
AbemaTV Inc has established as a joint venture between CyberAgent Inc and TV Asahi corporation
42
6 Media Business
[ABEMA]
[ABEMA] A hybrid entertainment of TV and video ldquoABEMArdquo
Aimed at young
Diversecontents
Best TV quality
20 channels 24 hours programming
UIUX adapted to
devices
Features and Strengths
43
6 Media Business
Variety Show
Anime
Interest
News
SPECIAL SPECIAL2
Drama K WORLD
HIPHOP
Sports
News
Drama
RADIO
GOLD
KoreanChinese
FightingSports Sports
Fishing
Mar-jongJapanese Chess
About 20 Channels
Anime LIVE Anime for ALL
Breaking News
As of October 2020
[ABEMA]
ABEMA Anime
44
Licensed
Original
Dplayby Discovery
Keirin(Cycle Race)
motorcycle race
6 Media Business
6 Media Business
Exceeded 59 million downloads in four and a half years after the launch
Downloads
59MDL
April 112016
Release
2016 20192017 2018
Apr Jun Sept Dec Mar Jun Sept Dec Mar Jun Sept Dec Mar Jun Sept Dec
2020
Mar
45Jun Sept
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb MarJan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
TVer
GYAO
Netflix
TVer
Amazon Prime Video
GYAO
[ABEMA] ABEMA has one of the largest MAUs in the country with many young users
MAU of Video Streaming Services MAU in teenagers to 20s
MAU of Video Streaming Services Based on App Ape an app analysis tool provided by Fuller Inc (as of March 2020)
Amazon Prime Video
2019 2019 20202020
Hulu
TELASA(Former videopass)
Netflix
dTV
DAZNParaviU-NEXT
Hulu
dTV
DAZNParavi
U-NEXT
TELASA(Former videopass)
46
6 Media Business
118
267
269
475
352
550 568
418
510
729
658
591623
550
628
679
918
732
855
1070
1027
843
1330
1059
1005
928
1269
1038
829
1198
1087
1431
1490
1253
1321
1038
1456
1325
1403
1142
1423
1211
Apr Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep
472016 2017 2018 2019
10M WAU
2020copyAbemaTV Inc
Sports amp InterestLive StreamingInformation on COVID-19
A viewing habit of ldquoWhen something happened turn on ABEMArdquo has been developed WAU remain stable after lifting of the stay-at-home request
6 Media Business
Growth of WAU
[ABEMA]
WAU Weekly Active Users
million
48copyAbemaTV Inc
6 Media Business
[ABEMA] High-quality shows of ABEMA have been recognized Two original shows has awarded at the 36th ATP Award TV Grand Prix
Information amp Variety CategoryFirst Prize
ldquoYou canrsquot fool me Miss Wolfyrdquo
Drama CategoryEncouragement Prize
ldquoIn the world where I am the only 17-year-oldrdquo
49copyAbemaTVInc
TV Asahi Corporation ldquoTELASArdquo and ABEMA are working on the collaborative project Japanese remake of the world-famous drama ldquo24rdquo begun to airABEMA exclusive episodes are also broadcast
24 JAPANcopy 2020 Twentieth Century Fox Film Corporation All Rights Reserved Broadcasting has started since October 9 2020ABEMA exclusive episodes Japan version exclusive episodes are broadcast for ABEMA premium users
6 Media Business
[ABEMA]
4753
Users by GenderUsers by Age Group
Users are mainly young people
Teenagers22
[ABEMA]
50
6 Media Business
Age 35+40
Age 20-3438
September2020
September2020
43
On-demand viewing ratio Total viewing hours of ABEMAVideo which include both free and paid users
On-demand
September2020Linear
57
Time Spent by Linear vs On-demand
[ABEMA]
On-demand viewing ratio has increased
51
6 Media Business
Time Spent by Device
SP69
TB8
PC12
TV10
September2020
Time spent watching ABEMA via PC or TV devices have increased
Number of Programs
Linear
700 Series month
5500 Episodes
Approx 1100
26000
On-demand
(Approx 600 original episodes)
Original Programs which ldquoABEMArdquo produces such as dating reality shows variety shows drama and news The Number of programs As of March 2020
Approx
Approx
Approx
Series
Episodes
(Approx 8000 original episodes)
ABEMA is a hybrid of linear TV and videoThe shows broadcast on linear TV are added to the on-demand lineup
[ABEMA]
copyAbemaTV Inc52
6 Media Business
TVer GYAO
Advertising
Use
r-g
ener
ated
co
nten
tPr
ofes
sion
al-c
reat
ed c
onte
nt
YouTube niconico
Amazonprime video
TELASA(Former videopass)
Paravi
Netflix
DAZN Hulu
dTV
Subscription
Video streaming services map
[ABEMA] Revenue streams are ldquoadvertisingrdquo and ldquosubscriptionrdquo
Video streaming services map Made by CyberAgent based on our research on the business model of each video streaming service (As of March 2020)
U-NEXT
53
6 Media Business
54
80K
ABEMA Exclusive LDH FestivalAvailable since September 28
Special movie co-produced with Toei Video Streaming starts on January 1
Dec 2017
6 Media Business
[ABEMA] 844K subscribers at the end of SeptemberWe are aiming to reach 1 million subscribers by the end of December
Exclusive Content on ABEMA PremiumldquoABEMA Premiumrdquo Subscribers
Sept 2020
844K
copyAbemaTV Inc
FY2016 FY2017 FY2018 FY2019 FY2020 55
138
63
19
211
02
Official Shopping Channel of ABEMA
MonthlySubscription
Related Businesses
Sales of ABEMA amp Related Businesses Advertising sales include consolidated subsidiary AJA Inc since FY2019 copyAbemaTV Inc
6 Media Business
[Sales of ABEMA amp Related Businesses (Full-year)]
Increased by approx 15x YoY driven by the growth of related businesses
Ads
ldquoABEMA PPV ONLINE LIVErdquo
Bet on Cycling Online ldquoWINTICKETrdquo
billion yen
56
6 Media Business
[ABEMA] Streaming a variety of exclusive live shows on ldquoABEMA PPV ONLINE LIVErdquo
July to September Lineup
copyAbemaTV Inc
57
Comment
Tipping
Product Sales
Catch-up Replay
Time-shift Replay
Multi-angle View
Voting
[ABEMA] Pay-Per-View feature offers not only online live entertainment but also various other functions
Ticket Purchase Comment Feature Features Available
Features to be added
copyAbemaTV Inc
6 Media Business
58
Upcoming Live Concerts
FY2020 3Q FY2020 4Q
23
01
6 Media Business
[ABEMA] Sales of PPV service is growing rapidly The upcoming event list is ever-expanding
Sales of PPV
copyAbemaTV Inc
billion yen
FY2019 3Q FY2019 4Q FY2020 1Q FY2020 2Q FY2020 3Q FY2020 4Q
04
17
59
08
35
72
137
17x
6 Media Business
[ABEMA] The transaction amount of ldquoWINTICKETrdquo is burgeoning increased by 17x year over year
Quarterly Transaction Amount Transaction amount of WinTicket Inc that operates internet betting system of Keirin races (includes loyalty point campaign)
billion yen
Quarterly Transaction Amount
60copyAbemaTV
[ABEMA] We continue to actively promote collaborations with partner companies
Business Alliance Partnership
Gonosy
New Billing Service
Shareholding ratio CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30Compatible with TV devices As of the end of April 2020 (adopted models only)
6 Media Business
SMART MOBILE COMMUNICATIONS Co Ltd
Compatible with TV devices
SHARP AQUOS SONY 4K BRAVIA Panasonic VIERA TOSHIBA REGZA
Mitsubishi Electric REAL Hisense
OSAKA GAS COLTD
Subscription
Advertising
RelatedBusiness etc
Accelerate monetization by related business etc
while increasing advertising and subscription revenues
2016
Medium and Long-Term Sales Pipeline
2019
[ABEMA]
61
6 Media Business
FY2021
7 FY2021
62
Game
Ad
Media
Make successful games and enhance the operational capability to run long term games
Aim to increase sales by maximizing advertising effectiveness
Grow ABEMA larger and increase monetization
Grow ABEMA as a medium to long-term pillar
63
7 FY2021
8Dividend and Management Index
Dividend and Management Index
64
FY2016 FY2017 FY2018 FY2019 FY20200
1
2
3
4
5
6
7
8
9
10
11
12
13
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
65CyberAgent Inc vs Nikkei Stock Average (Nikkei 225) Transition of stock price of CyberAgent vs Nikkei stock avarage
Stock Price of CyberAgent vs Nikkei Stock Average Total dividend Amount
[Return to Shareholders]
CyberAgent
Nikkei Stock Average
414040
31
8Dividend and Management Index
We aim to increase stock price over the medium to long-term and pay dividend continually
42billion yen
timesROE DOEDividend Payout Ratio
＝
株主への経営指標は
66
We adopted ldquoDOE 5 or morerdquo as management index to maintain shareholder returns through dividends or share buybacks etc during the investment phase
FY2021 Dividend Payout Ratio 467-583 Total Dividend Amount 46billion yen (Planned)
[Management Index]
DOE Dividend on Equity (ROE x Dividend Payout Ratio)FY2021 Dividend Payout Ratio and Total Dividend Amount Expected Dividend 37yen x Number of outstanding shares excluding treasury shares as of September 2020
8Dividend and Management Index
44
52 50 52 51
FY2016 FY2017 FY2018 FY2019 FY2020
231
1000
830
2452
649
FY2016 FY2017 FY2018 FY2019 FY2020
189
5260
21
78
FY2016 FY2017 FY2018 FY2019 FY2020
51
78 649
Nikkei Average 26
0
1000
2000
3000
4000
5000
6000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
67
Share price [unit yen]
[Acquisition of treasury stock] Purchased and retired treasury stocks 4 times
Changes in stock prices
Feb 2002Acquired treasury stocks
worth 15 billion yen（Jun 2004 119 billion yen
retired）
Nov 2007Acquired treasury stocks
worth 099 billion yen（Sep 2008 099 billion yen
retired）
Oct 2011Acquired treasury stocks
worth 199 billion yen
Feb 2013Acquired treasury stocks
worth 499 billion yen（Feb 2013 43 billion yen
retired）
Apr 2004Collapse of
Internet bubble
Jan 2006Livedoor
shock
Sep 2008Influence of
subprime crisis
May 2012Complete gacha
shock
8Dividend and Management Index
9 Reference
Reference
68
bull Governancebull Quarterly Results (July ndash September 2020)
69
Board of Directors
Four executive directors include a female director
本体役員室
常務執行役員
9 Reference_ Governance
We developed a new structure to strengthen governance and make a clear distinction between management oversight and execution
Corporate Executive Office
Managing Executive Officers Executive Officers
Four outside directors
Eight executive directors who are higher than senior managing executive officers
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
OperationUIUX
Production Marketing
SportsNews
Variety shows
Broadcast Technology
Internet Program Production
AbemaTV Inc announced the issuance of new shares to Dentsu Inc and Hakuhodo DY Media Partners Inc through a third-party allocation on October 31 2018Shareholding Ratio after TPA CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30
AbemaTV Inc has established as a joint venture between CyberAgent Inc and TV Asahi corporation
42
6 Media Business
[ABEMA]
[ABEMA] A hybrid entertainment of TV and video ldquoABEMArdquo
Aimed at young
Diversecontents
Best TV quality
20 channels 24 hours programming
UIUX adapted to
devices
Features and Strengths
43
6 Media Business
Variety Show
Anime
Interest
News
SPECIAL SPECIAL2
Drama K WORLD
HIPHOP
Sports
News
Drama
RADIO
GOLD
KoreanChinese
FightingSports Sports
Fishing
Mar-jongJapanese Chess
About 20 Channels
Anime LIVE Anime for ALL
Breaking News
As of October 2020
[ABEMA]
ABEMA Anime
44
Licensed
Original
Dplayby Discovery
Keirin(Cycle Race)
motorcycle race
6 Media Business
6 Media Business
Exceeded 59 million downloads in four and a half years after the launch
Downloads
59MDL
April 112016
Release
2016 20192017 2018
Apr Jun Sept Dec Mar Jun Sept Dec Mar Jun Sept Dec Mar Jun Sept Dec
2020
Mar
45Jun Sept
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb MarJan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
TVer
GYAO
Netflix
TVer
Amazon Prime Video
GYAO
[ABEMA] ABEMA has one of the largest MAUs in the country with many young users
MAU of Video Streaming Services MAU in teenagers to 20s
MAU of Video Streaming Services Based on App Ape an app analysis tool provided by Fuller Inc (as of March 2020)
Amazon Prime Video
2019 2019 20202020
Hulu
TELASA(Former videopass)
Netflix
dTV
DAZNParaviU-NEXT
Hulu
dTV
DAZNParavi
U-NEXT
TELASA(Former videopass)
46
6 Media Business
118
267
269
475
352
550 568
418
510
729
658
591623
550
628
679
918
732
855
1070
1027
843
1330
1059
1005
928
1269
1038
829
1198
1087
1431
1490
1253
1321
1038
1456
1325
1403
1142
1423
1211
Apr Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep
472016 2017 2018 2019
10M WAU
2020copyAbemaTV Inc
Sports amp InterestLive StreamingInformation on COVID-19
A viewing habit of ldquoWhen something happened turn on ABEMArdquo has been developed WAU remain stable after lifting of the stay-at-home request
6 Media Business
Growth of WAU
[ABEMA]
WAU Weekly Active Users
million
48copyAbemaTV Inc
6 Media Business
[ABEMA] High-quality shows of ABEMA have been recognized Two original shows has awarded at the 36th ATP Award TV Grand Prix
Information amp Variety CategoryFirst Prize
ldquoYou canrsquot fool me Miss Wolfyrdquo
Drama CategoryEncouragement Prize
ldquoIn the world where I am the only 17-year-oldrdquo
49copyAbemaTVInc
TV Asahi Corporation ldquoTELASArdquo and ABEMA are working on the collaborative project Japanese remake of the world-famous drama ldquo24rdquo begun to airABEMA exclusive episodes are also broadcast
24 JAPANcopy 2020 Twentieth Century Fox Film Corporation All Rights Reserved Broadcasting has started since October 9 2020ABEMA exclusive episodes Japan version exclusive episodes are broadcast for ABEMA premium users
6 Media Business
[ABEMA]
4753
Users by GenderUsers by Age Group
Users are mainly young people
Teenagers22
[ABEMA]
50
6 Media Business
Age 35+40
Age 20-3438
September2020
September2020
43
On-demand viewing ratio Total viewing hours of ABEMAVideo which include both free and paid users
On-demand
September2020Linear
57
Time Spent by Linear vs On-demand
[ABEMA]
On-demand viewing ratio has increased
51
6 Media Business
Time Spent by Device
SP69
TB8
PC12
TV10
September2020
Time spent watching ABEMA via PC or TV devices have increased
Number of Programs
Linear
700 Series month
5500 Episodes
Approx 1100
26000
On-demand
(Approx 600 original episodes)
Original Programs which ldquoABEMArdquo produces such as dating reality shows variety shows drama and news The Number of programs As of March 2020
Approx
Approx
Approx
Series
Episodes
(Approx 8000 original episodes)
ABEMA is a hybrid of linear TV and videoThe shows broadcast on linear TV are added to the on-demand lineup
[ABEMA]
copyAbemaTV Inc52
6 Media Business
TVer GYAO
Advertising
Use
r-g
ener
ated
co
nten
tPr
ofes
sion
al-c
reat
ed c
onte
nt
YouTube niconico
Amazonprime video
TELASA(Former videopass)
Paravi
Netflix
DAZN Hulu
dTV
Subscription
Video streaming services map
[ABEMA] Revenue streams are ldquoadvertisingrdquo and ldquosubscriptionrdquo
Video streaming services map Made by CyberAgent based on our research on the business model of each video streaming service (As of March 2020)
U-NEXT
53
6 Media Business
54
80K
ABEMA Exclusive LDH FestivalAvailable since September 28
Special movie co-produced with Toei Video Streaming starts on January 1
Dec 2017
6 Media Business
[ABEMA] 844K subscribers at the end of SeptemberWe are aiming to reach 1 million subscribers by the end of December
Exclusive Content on ABEMA PremiumldquoABEMA Premiumrdquo Subscribers
Sept 2020
844K
copyAbemaTV Inc
FY2016 FY2017 FY2018 FY2019 FY2020 55
138
63
19
211
02
Official Shopping Channel of ABEMA
MonthlySubscription
Related Businesses
Sales of ABEMA amp Related Businesses Advertising sales include consolidated subsidiary AJA Inc since FY2019 copyAbemaTV Inc
6 Media Business
[Sales of ABEMA amp Related Businesses (Full-year)]
Increased by approx 15x YoY driven by the growth of related businesses
Ads
ldquoABEMA PPV ONLINE LIVErdquo
Bet on Cycling Online ldquoWINTICKETrdquo
billion yen
56
6 Media Business
[ABEMA] Streaming a variety of exclusive live shows on ldquoABEMA PPV ONLINE LIVErdquo
July to September Lineup
copyAbemaTV Inc
57
Comment
Tipping
Product Sales
Catch-up Replay
Time-shift Replay
Multi-angle View
Voting
[ABEMA] Pay-Per-View feature offers not only online live entertainment but also various other functions
Ticket Purchase Comment Feature Features Available
Features to be added
copyAbemaTV Inc
6 Media Business
58
Upcoming Live Concerts
FY2020 3Q FY2020 4Q
23
01
6 Media Business
[ABEMA] Sales of PPV service is growing rapidly The upcoming event list is ever-expanding
Sales of PPV
copyAbemaTV Inc
billion yen
FY2019 3Q FY2019 4Q FY2020 1Q FY2020 2Q FY2020 3Q FY2020 4Q
04
17
59
08
35
72
137
17x
6 Media Business
[ABEMA] The transaction amount of ldquoWINTICKETrdquo is burgeoning increased by 17x year over year
Quarterly Transaction Amount Transaction amount of WinTicket Inc that operates internet betting system of Keirin races (includes loyalty point campaign)
billion yen
Quarterly Transaction Amount
60copyAbemaTV
[ABEMA] We continue to actively promote collaborations with partner companies
Business Alliance Partnership
Gonosy
New Billing Service
Shareholding ratio CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30Compatible with TV devices As of the end of April 2020 (adopted models only)
6 Media Business
SMART MOBILE COMMUNICATIONS Co Ltd
Compatible with TV devices
SHARP AQUOS SONY 4K BRAVIA Panasonic VIERA TOSHIBA REGZA
Mitsubishi Electric REAL Hisense
OSAKA GAS COLTD
Subscription
Advertising
RelatedBusiness etc
Accelerate monetization by related business etc
while increasing advertising and subscription revenues
2016
Medium and Long-Term Sales Pipeline
2019
[ABEMA]
61
6 Media Business
FY2021
7 FY2021
62
Game
Ad
Media
Make successful games and enhance the operational capability to run long term games
Aim to increase sales by maximizing advertising effectiveness
Grow ABEMA larger and increase monetization
Grow ABEMA as a medium to long-term pillar
63
7 FY2021
8Dividend and Management Index
Dividend and Management Index
64
FY2016 FY2017 FY2018 FY2019 FY20200
1
2
3
4
5
6
7
8
9
10
11
12
13
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
65CyberAgent Inc vs Nikkei Stock Average (Nikkei 225) Transition of stock price of CyberAgent vs Nikkei stock avarage
Stock Price of CyberAgent vs Nikkei Stock Average Total dividend Amount
[Return to Shareholders]
CyberAgent
Nikkei Stock Average
414040
31
8Dividend and Management Index
We aim to increase stock price over the medium to long-term and pay dividend continually
42billion yen
timesROE DOEDividend Payout Ratio
＝
株主への経営指標は
66
We adopted ldquoDOE 5 or morerdquo as management index to maintain shareholder returns through dividends or share buybacks etc during the investment phase
FY2021 Dividend Payout Ratio 467-583 Total Dividend Amount 46billion yen (Planned)
[Management Index]
DOE Dividend on Equity (ROE x Dividend Payout Ratio)FY2021 Dividend Payout Ratio and Total Dividend Amount Expected Dividend 37yen x Number of outstanding shares excluding treasury shares as of September 2020
8Dividend and Management Index
44
52 50 52 51
FY2016 FY2017 FY2018 FY2019 FY2020
231
1000
830
2452
649
FY2016 FY2017 FY2018 FY2019 FY2020
189
5260
21
78
FY2016 FY2017 FY2018 FY2019 FY2020
51
78 649
Nikkei Average 26
0
1000
2000
3000
4000
5000
6000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
67
Share price [unit yen]
[Acquisition of treasury stock] Purchased and retired treasury stocks 4 times
Changes in stock prices
Feb 2002Acquired treasury stocks
worth 15 billion yen（Jun 2004 119 billion yen
retired）
Nov 2007Acquired treasury stocks
worth 099 billion yen（Sep 2008 099 billion yen
retired）
Oct 2011Acquired treasury stocks
worth 199 billion yen
Feb 2013Acquired treasury stocks
worth 499 billion yen（Feb 2013 43 billion yen
retired）
Apr 2004Collapse of
Internet bubble
Jan 2006Livedoor
shock
Sep 2008Influence of
subprime crisis
May 2012Complete gacha
shock
8Dividend and Management Index
9 Reference
Reference
68
bull Governancebull Quarterly Results (July ndash September 2020)
69
Board of Directors
Four executive directors include a female director
本体役員室
常務執行役員
9 Reference_ Governance
We developed a new structure to strengthen governance and make a clear distinction between management oversight and execution
Corporate Executive Office
Managing Executive Officers Executive Officers
Four outside directors
Eight executive directors who are higher than senior managing executive officers
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
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- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
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- スライド番号 26
- スライド番号 27
- スライド番号 28
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- スライド番号 31
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- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
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- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
[ABEMA] A hybrid entertainment of TV and video ldquoABEMArdquo
Aimed at young
Diversecontents
Best TV quality
20 channels 24 hours programming
UIUX adapted to
devices
Features and Strengths
43
6 Media Business
Variety Show
Anime
Interest
News
SPECIAL SPECIAL2
Drama K WORLD
HIPHOP
Sports
News
Drama
RADIO
GOLD
KoreanChinese
FightingSports Sports
Fishing
Mar-jongJapanese Chess
About 20 Channels
Anime LIVE Anime for ALL
Breaking News
As of October 2020
[ABEMA]
ABEMA Anime
44
Licensed
Original
Dplayby Discovery
Keirin(Cycle Race)
motorcycle race
6 Media Business
6 Media Business
Exceeded 59 million downloads in four and a half years after the launch
Downloads
59MDL
April 112016
Release
2016 20192017 2018
Apr Jun Sept Dec Mar Jun Sept Dec Mar Jun Sept Dec Mar Jun Sept Dec
2020
Mar
45Jun Sept
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb MarJan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
TVer
GYAO
Netflix
TVer
Amazon Prime Video
GYAO
[ABEMA] ABEMA has one of the largest MAUs in the country with many young users
MAU of Video Streaming Services MAU in teenagers to 20s
MAU of Video Streaming Services Based on App Ape an app analysis tool provided by Fuller Inc (as of March 2020)
Amazon Prime Video
2019 2019 20202020
Hulu
TELASA(Former videopass)
Netflix
dTV
DAZNParaviU-NEXT
Hulu
dTV
DAZNParavi
U-NEXT
TELASA(Former videopass)
46
6 Media Business
118
267
269
475
352
550 568
418
510
729
658
591623
550
628
679
918
732
855
1070
1027
843
1330
1059
1005
928
1269
1038
829
1198
1087
1431
1490
1253
1321
1038
1456
1325
1403
1142
1423
1211
Apr Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep
472016 2017 2018 2019
10M WAU
2020copyAbemaTV Inc
Sports amp InterestLive StreamingInformation on COVID-19
A viewing habit of ldquoWhen something happened turn on ABEMArdquo has been developed WAU remain stable after lifting of the stay-at-home request
6 Media Business
Growth of WAU
[ABEMA]
WAU Weekly Active Users
million
48copyAbemaTV Inc
6 Media Business
[ABEMA] High-quality shows of ABEMA have been recognized Two original shows has awarded at the 36th ATP Award TV Grand Prix
Information amp Variety CategoryFirst Prize
ldquoYou canrsquot fool me Miss Wolfyrdquo
Drama CategoryEncouragement Prize
ldquoIn the world where I am the only 17-year-oldrdquo
49copyAbemaTVInc
TV Asahi Corporation ldquoTELASArdquo and ABEMA are working on the collaborative project Japanese remake of the world-famous drama ldquo24rdquo begun to airABEMA exclusive episodes are also broadcast
24 JAPANcopy 2020 Twentieth Century Fox Film Corporation All Rights Reserved Broadcasting has started since October 9 2020ABEMA exclusive episodes Japan version exclusive episodes are broadcast for ABEMA premium users
6 Media Business
[ABEMA]
4753
Users by GenderUsers by Age Group
Users are mainly young people
Teenagers22
[ABEMA]
50
6 Media Business
Age 35+40
Age 20-3438
September2020
September2020
43
On-demand viewing ratio Total viewing hours of ABEMAVideo which include both free and paid users
On-demand
September2020Linear
57
Time Spent by Linear vs On-demand
[ABEMA]
On-demand viewing ratio has increased
51
6 Media Business
Time Spent by Device
SP69
TB8
PC12
TV10
September2020
Time spent watching ABEMA via PC or TV devices have increased
Number of Programs
Linear
700 Series month
5500 Episodes
Approx 1100
26000
On-demand
(Approx 600 original episodes)
Original Programs which ldquoABEMArdquo produces such as dating reality shows variety shows drama and news The Number of programs As of March 2020
Approx
Approx
Approx
Series
Episodes
(Approx 8000 original episodes)
ABEMA is a hybrid of linear TV and videoThe shows broadcast on linear TV are added to the on-demand lineup
[ABEMA]
copyAbemaTV Inc52
6 Media Business
TVer GYAO
Advertising
Use
r-g
ener
ated
co
nten
tPr
ofes
sion
al-c
reat
ed c
onte
nt
YouTube niconico
Amazonprime video
TELASA(Former videopass)
Paravi
Netflix
DAZN Hulu
dTV
Subscription
Video streaming services map
[ABEMA] Revenue streams are ldquoadvertisingrdquo and ldquosubscriptionrdquo
Video streaming services map Made by CyberAgent based on our research on the business model of each video streaming service (As of March 2020)
U-NEXT
53
6 Media Business
54
80K
ABEMA Exclusive LDH FestivalAvailable since September 28
Special movie co-produced with Toei Video Streaming starts on January 1
Dec 2017
6 Media Business
[ABEMA] 844K subscribers at the end of SeptemberWe are aiming to reach 1 million subscribers by the end of December
Exclusive Content on ABEMA PremiumldquoABEMA Premiumrdquo Subscribers
Sept 2020
844K
copyAbemaTV Inc
FY2016 FY2017 FY2018 FY2019 FY2020 55
138
63
19
211
02
Official Shopping Channel of ABEMA
MonthlySubscription
Related Businesses
Sales of ABEMA amp Related Businesses Advertising sales include consolidated subsidiary AJA Inc since FY2019 copyAbemaTV Inc
6 Media Business
[Sales of ABEMA amp Related Businesses (Full-year)]
Increased by approx 15x YoY driven by the growth of related businesses
Ads
ldquoABEMA PPV ONLINE LIVErdquo
Bet on Cycling Online ldquoWINTICKETrdquo
billion yen
56
6 Media Business
[ABEMA] Streaming a variety of exclusive live shows on ldquoABEMA PPV ONLINE LIVErdquo
July to September Lineup
copyAbemaTV Inc
57
Comment
Tipping
Product Sales
Catch-up Replay
Time-shift Replay
Multi-angle View
Voting
[ABEMA] Pay-Per-View feature offers not only online live entertainment but also various other functions
Ticket Purchase Comment Feature Features Available
Features to be added
copyAbemaTV Inc
6 Media Business
58
Upcoming Live Concerts
FY2020 3Q FY2020 4Q
23
01
6 Media Business
[ABEMA] Sales of PPV service is growing rapidly The upcoming event list is ever-expanding
Sales of PPV
copyAbemaTV Inc
billion yen
FY2019 3Q FY2019 4Q FY2020 1Q FY2020 2Q FY2020 3Q FY2020 4Q
04
17
59
08
35
72
137
17x
6 Media Business
[ABEMA] The transaction amount of ldquoWINTICKETrdquo is burgeoning increased by 17x year over year
Quarterly Transaction Amount Transaction amount of WinTicket Inc that operates internet betting system of Keirin races (includes loyalty point campaign)
billion yen
Quarterly Transaction Amount
60copyAbemaTV
[ABEMA] We continue to actively promote collaborations with partner companies
Business Alliance Partnership
Gonosy
New Billing Service
Shareholding ratio CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30Compatible with TV devices As of the end of April 2020 (adopted models only)
6 Media Business
SMART MOBILE COMMUNICATIONS Co Ltd
Compatible with TV devices
SHARP AQUOS SONY 4K BRAVIA Panasonic VIERA TOSHIBA REGZA
Mitsubishi Electric REAL Hisense
OSAKA GAS COLTD
Subscription
Advertising
RelatedBusiness etc
Accelerate monetization by related business etc
while increasing advertising and subscription revenues
2016
Medium and Long-Term Sales Pipeline
2019
[ABEMA]
61
6 Media Business
FY2021
7 FY2021
62
Game
Ad
Media
Make successful games and enhance the operational capability to run long term games
Aim to increase sales by maximizing advertising effectiveness
Grow ABEMA larger and increase monetization
Grow ABEMA as a medium to long-term pillar
63
7 FY2021
8Dividend and Management Index
Dividend and Management Index
64
FY2016 FY2017 FY2018 FY2019 FY20200
1
2
3
4
5
6
7
8
9
10
11
12
13
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
65CyberAgent Inc vs Nikkei Stock Average (Nikkei 225) Transition of stock price of CyberAgent vs Nikkei stock avarage
Stock Price of CyberAgent vs Nikkei Stock Average Total dividend Amount
[Return to Shareholders]
CyberAgent
Nikkei Stock Average
414040
31
8Dividend and Management Index
We aim to increase stock price over the medium to long-term and pay dividend continually
42billion yen
timesROE DOEDividend Payout Ratio
＝
株主への経営指標は
66
We adopted ldquoDOE 5 or morerdquo as management index to maintain shareholder returns through dividends or share buybacks etc during the investment phase
FY2021 Dividend Payout Ratio 467-583 Total Dividend Amount 46billion yen (Planned)
[Management Index]
DOE Dividend on Equity (ROE x Dividend Payout Ratio)FY2021 Dividend Payout Ratio and Total Dividend Amount Expected Dividend 37yen x Number of outstanding shares excluding treasury shares as of September 2020
8Dividend and Management Index
44
52 50 52 51
FY2016 FY2017 FY2018 FY2019 FY2020
231
1000
830
2452
649
FY2016 FY2017 FY2018 FY2019 FY2020
189
5260
21
78
FY2016 FY2017 FY2018 FY2019 FY2020
51
78 649
Nikkei Average 26
0
1000
2000
3000
4000
5000
6000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
67
Share price [unit yen]
[Acquisition of treasury stock] Purchased and retired treasury stocks 4 times
Changes in stock prices
Feb 2002Acquired treasury stocks
worth 15 billion yen（Jun 2004 119 billion yen
retired）
Nov 2007Acquired treasury stocks
worth 099 billion yen（Sep 2008 099 billion yen
retired）
Oct 2011Acquired treasury stocks
worth 199 billion yen
Feb 2013Acquired treasury stocks
worth 499 billion yen（Feb 2013 43 billion yen
retired）
Apr 2004Collapse of
Internet bubble
Jan 2006Livedoor
shock
Sep 2008Influence of
subprime crisis
May 2012Complete gacha
shock
8Dividend and Management Index
9 Reference
Reference
68
bull Governancebull Quarterly Results (July ndash September 2020)
69
Board of Directors
Four executive directors include a female director
本体役員室
常務執行役員
9 Reference_ Governance
We developed a new structure to strengthen governance and make a clear distinction between management oversight and execution
Corporate Executive Office
Managing Executive Officers Executive Officers
Four outside directors
Eight executive directors who are higher than senior managing executive officers
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
Variety Show
Anime
Interest
News
SPECIAL SPECIAL2
Drama K WORLD
HIPHOP
Sports
News
Drama
RADIO
GOLD
KoreanChinese
FightingSports Sports
Fishing
Mar-jongJapanese Chess
About 20 Channels
Anime LIVE Anime for ALL
Breaking News
As of October 2020
[ABEMA]
ABEMA Anime
44
Licensed
Original
Dplayby Discovery
Keirin(Cycle Race)
motorcycle race
6 Media Business
6 Media Business
Exceeded 59 million downloads in four and a half years after the launch
Downloads
59MDL
April 112016
Release
2016 20192017 2018
Apr Jun Sept Dec Mar Jun Sept Dec Mar Jun Sept Dec Mar Jun Sept Dec
2020
Mar
45Jun Sept
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb MarJan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
TVer
GYAO
Netflix
TVer
Amazon Prime Video
GYAO
[ABEMA] ABEMA has one of the largest MAUs in the country with many young users
MAU of Video Streaming Services MAU in teenagers to 20s
MAU of Video Streaming Services Based on App Ape an app analysis tool provided by Fuller Inc (as of March 2020)
Amazon Prime Video
2019 2019 20202020
Hulu
TELASA(Former videopass)
Netflix
dTV
DAZNParaviU-NEXT
Hulu
dTV
DAZNParavi
U-NEXT
TELASA(Former videopass)
46
6 Media Business
118
267
269
475
352
550 568
418
510
729
658
591623
550
628
679
918
732
855
1070
1027
843
1330
1059
1005
928
1269
1038
829
1198
1087
1431
1490
1253
1321
1038
1456
1325
1403
1142
1423
1211
Apr Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep
472016 2017 2018 2019
10M WAU
2020copyAbemaTV Inc
Sports amp InterestLive StreamingInformation on COVID-19
A viewing habit of ldquoWhen something happened turn on ABEMArdquo has been developed WAU remain stable after lifting of the stay-at-home request
6 Media Business
Growth of WAU
[ABEMA]
WAU Weekly Active Users
million
48copyAbemaTV Inc
6 Media Business
[ABEMA] High-quality shows of ABEMA have been recognized Two original shows has awarded at the 36th ATP Award TV Grand Prix
Information amp Variety CategoryFirst Prize
ldquoYou canrsquot fool me Miss Wolfyrdquo
Drama CategoryEncouragement Prize
ldquoIn the world where I am the only 17-year-oldrdquo
49copyAbemaTVInc
TV Asahi Corporation ldquoTELASArdquo and ABEMA are working on the collaborative project Japanese remake of the world-famous drama ldquo24rdquo begun to airABEMA exclusive episodes are also broadcast
24 JAPANcopy 2020 Twentieth Century Fox Film Corporation All Rights Reserved Broadcasting has started since October 9 2020ABEMA exclusive episodes Japan version exclusive episodes are broadcast for ABEMA premium users
6 Media Business
[ABEMA]
4753
Users by GenderUsers by Age Group
Users are mainly young people
Teenagers22
[ABEMA]
50
6 Media Business
Age 35+40
Age 20-3438
September2020
September2020
43
On-demand viewing ratio Total viewing hours of ABEMAVideo which include both free and paid users
On-demand
September2020Linear
57
Time Spent by Linear vs On-demand
[ABEMA]
On-demand viewing ratio has increased
51
6 Media Business
Time Spent by Device
SP69
TB8
PC12
TV10
September2020
Time spent watching ABEMA via PC or TV devices have increased
Number of Programs
Linear
700 Series month
5500 Episodes
Approx 1100
26000
On-demand
(Approx 600 original episodes)
Original Programs which ldquoABEMArdquo produces such as dating reality shows variety shows drama and news The Number of programs As of March 2020
Approx
Approx
Approx
Series
Episodes
(Approx 8000 original episodes)
ABEMA is a hybrid of linear TV and videoThe shows broadcast on linear TV are added to the on-demand lineup
[ABEMA]
copyAbemaTV Inc52
6 Media Business
TVer GYAO
Advertising
Use
r-g
ener
ated
co
nten
tPr
ofes
sion
al-c
reat
ed c
onte
nt
YouTube niconico
Amazonprime video
TELASA(Former videopass)
Paravi
Netflix
DAZN Hulu
dTV
Subscription
Video streaming services map
[ABEMA] Revenue streams are ldquoadvertisingrdquo and ldquosubscriptionrdquo
Video streaming services map Made by CyberAgent based on our research on the business model of each video streaming service (As of March 2020)
U-NEXT
53
6 Media Business
54
80K
ABEMA Exclusive LDH FestivalAvailable since September 28
Special movie co-produced with Toei Video Streaming starts on January 1
Dec 2017
6 Media Business
[ABEMA] 844K subscribers at the end of SeptemberWe are aiming to reach 1 million subscribers by the end of December
Exclusive Content on ABEMA PremiumldquoABEMA Premiumrdquo Subscribers
Sept 2020
844K
copyAbemaTV Inc
FY2016 FY2017 FY2018 FY2019 FY2020 55
138
63
19
211
02
Official Shopping Channel of ABEMA
MonthlySubscription
Related Businesses
Sales of ABEMA amp Related Businesses Advertising sales include consolidated subsidiary AJA Inc since FY2019 copyAbemaTV Inc
6 Media Business
[Sales of ABEMA amp Related Businesses (Full-year)]
Increased by approx 15x YoY driven by the growth of related businesses
Ads
ldquoABEMA PPV ONLINE LIVErdquo
Bet on Cycling Online ldquoWINTICKETrdquo
billion yen
56
6 Media Business
[ABEMA] Streaming a variety of exclusive live shows on ldquoABEMA PPV ONLINE LIVErdquo
July to September Lineup
copyAbemaTV Inc
57
Comment
Tipping
Product Sales
Catch-up Replay
Time-shift Replay
Multi-angle View
Voting
[ABEMA] Pay-Per-View feature offers not only online live entertainment but also various other functions
Ticket Purchase Comment Feature Features Available
Features to be added
copyAbemaTV Inc
6 Media Business
58
Upcoming Live Concerts
FY2020 3Q FY2020 4Q
23
01
6 Media Business
[ABEMA] Sales of PPV service is growing rapidly The upcoming event list is ever-expanding
Sales of PPV
copyAbemaTV Inc
billion yen
FY2019 3Q FY2019 4Q FY2020 1Q FY2020 2Q FY2020 3Q FY2020 4Q
04
17
59
08
35
72
137
17x
6 Media Business
[ABEMA] The transaction amount of ldquoWINTICKETrdquo is burgeoning increased by 17x year over year
Quarterly Transaction Amount Transaction amount of WinTicket Inc that operates internet betting system of Keirin races (includes loyalty point campaign)
billion yen
Quarterly Transaction Amount
60copyAbemaTV
[ABEMA] We continue to actively promote collaborations with partner companies
Business Alliance Partnership
Gonosy
New Billing Service
Shareholding ratio CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30Compatible with TV devices As of the end of April 2020 (adopted models only)
6 Media Business
SMART MOBILE COMMUNICATIONS Co Ltd
Compatible with TV devices
SHARP AQUOS SONY 4K BRAVIA Panasonic VIERA TOSHIBA REGZA
Mitsubishi Electric REAL Hisense
OSAKA GAS COLTD
Subscription
Advertising
RelatedBusiness etc
Accelerate monetization by related business etc
while increasing advertising and subscription revenues
2016
Medium and Long-Term Sales Pipeline
2019
[ABEMA]
61
6 Media Business
FY2021
7 FY2021
62
Game
Ad
Media
Make successful games and enhance the operational capability to run long term games
Aim to increase sales by maximizing advertising effectiveness
Grow ABEMA larger and increase monetization
Grow ABEMA as a medium to long-term pillar
63
7 FY2021
8Dividend and Management Index
Dividend and Management Index
64
FY2016 FY2017 FY2018 FY2019 FY20200
1
2
3
4
5
6
7
8
9
10
11
12
13
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
65CyberAgent Inc vs Nikkei Stock Average (Nikkei 225) Transition of stock price of CyberAgent vs Nikkei stock avarage
Stock Price of CyberAgent vs Nikkei Stock Average Total dividend Amount
[Return to Shareholders]
CyberAgent
Nikkei Stock Average
414040
31
8Dividend and Management Index
We aim to increase stock price over the medium to long-term and pay dividend continually
42billion yen
timesROE DOEDividend Payout Ratio
＝
株主への経営指標は
66
We adopted ldquoDOE 5 or morerdquo as management index to maintain shareholder returns through dividends or share buybacks etc during the investment phase
FY2021 Dividend Payout Ratio 467-583 Total Dividend Amount 46billion yen (Planned)
[Management Index]
DOE Dividend on Equity (ROE x Dividend Payout Ratio)FY2021 Dividend Payout Ratio and Total Dividend Amount Expected Dividend 37yen x Number of outstanding shares excluding treasury shares as of September 2020
8Dividend and Management Index
44
52 50 52 51
FY2016 FY2017 FY2018 FY2019 FY2020
231
1000
830
2452
649
FY2016 FY2017 FY2018 FY2019 FY2020
189
5260
21
78
FY2016 FY2017 FY2018 FY2019 FY2020
51
78 649
Nikkei Average 26
0
1000
2000
3000
4000
5000
6000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
67
Share price [unit yen]
[Acquisition of treasury stock] Purchased and retired treasury stocks 4 times
Changes in stock prices
Feb 2002Acquired treasury stocks
worth 15 billion yen（Jun 2004 119 billion yen
retired）
Nov 2007Acquired treasury stocks
worth 099 billion yen（Sep 2008 099 billion yen
retired）
Oct 2011Acquired treasury stocks
worth 199 billion yen
Feb 2013Acquired treasury stocks
worth 499 billion yen（Feb 2013 43 billion yen
retired）
Apr 2004Collapse of
Internet bubble
Jan 2006Livedoor
shock
Sep 2008Influence of
subprime crisis
May 2012Complete gacha
shock
8Dividend and Management Index
9 Reference
Reference
68
bull Governancebull Quarterly Results (July ndash September 2020)
69
Board of Directors
Four executive directors include a female director
本体役員室
常務執行役員
9 Reference_ Governance
We developed a new structure to strengthen governance and make a clear distinction between management oversight and execution
Corporate Executive Office
Managing Executive Officers Executive Officers
Four outside directors
Eight executive directors who are higher than senior managing executive officers
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
6 Media Business
Exceeded 59 million downloads in four and a half years after the launch
Downloads
59MDL
April 112016
Release
2016 20192017 2018
Apr Jun Sept Dec Mar Jun Sept Dec Mar Jun Sept Dec Mar Jun Sept Dec
2020
Mar
45Jun Sept
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb MarJan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
TVer
GYAO
Netflix
TVer
Amazon Prime Video
GYAO
[ABEMA] ABEMA has one of the largest MAUs in the country with many young users
MAU of Video Streaming Services MAU in teenagers to 20s
MAU of Video Streaming Services Based on App Ape an app analysis tool provided by Fuller Inc (as of March 2020)
Amazon Prime Video
2019 2019 20202020
Hulu
TELASA(Former videopass)
Netflix
dTV
DAZNParaviU-NEXT
Hulu
dTV
DAZNParavi
U-NEXT
TELASA(Former videopass)
46
6 Media Business
118
267
269
475
352
550 568
418
510
729
658
591623
550
628
679
918
732
855
1070
1027
843
1330
1059
1005
928
1269
1038
829
1198
1087
1431
1490
1253
1321
1038
1456
1325
1403
1142
1423
1211
Apr Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep
472016 2017 2018 2019
10M WAU
2020copyAbemaTV Inc
Sports amp InterestLive StreamingInformation on COVID-19
A viewing habit of ldquoWhen something happened turn on ABEMArdquo has been developed WAU remain stable after lifting of the stay-at-home request
6 Media Business
Growth of WAU
[ABEMA]
WAU Weekly Active Users
million
48copyAbemaTV Inc
6 Media Business
[ABEMA] High-quality shows of ABEMA have been recognized Two original shows has awarded at the 36th ATP Award TV Grand Prix
Information amp Variety CategoryFirst Prize
ldquoYou canrsquot fool me Miss Wolfyrdquo
Drama CategoryEncouragement Prize
ldquoIn the world where I am the only 17-year-oldrdquo
49copyAbemaTVInc
TV Asahi Corporation ldquoTELASArdquo and ABEMA are working on the collaborative project Japanese remake of the world-famous drama ldquo24rdquo begun to airABEMA exclusive episodes are also broadcast
24 JAPANcopy 2020 Twentieth Century Fox Film Corporation All Rights Reserved Broadcasting has started since October 9 2020ABEMA exclusive episodes Japan version exclusive episodes are broadcast for ABEMA premium users
6 Media Business
[ABEMA]
4753
Users by GenderUsers by Age Group
Users are mainly young people
Teenagers22
[ABEMA]
50
6 Media Business
Age 35+40
Age 20-3438
September2020
September2020
43
On-demand viewing ratio Total viewing hours of ABEMAVideo which include both free and paid users
On-demand
September2020Linear
57
Time Spent by Linear vs On-demand
[ABEMA]
On-demand viewing ratio has increased
51
6 Media Business
Time Spent by Device
SP69
TB8
PC12
TV10
September2020
Time spent watching ABEMA via PC or TV devices have increased
Number of Programs
Linear
700 Series month
5500 Episodes
Approx 1100
26000
On-demand
(Approx 600 original episodes)
Original Programs which ldquoABEMArdquo produces such as dating reality shows variety shows drama and news The Number of programs As of March 2020
Approx
Approx
Approx
Series
Episodes
(Approx 8000 original episodes)
ABEMA is a hybrid of linear TV and videoThe shows broadcast on linear TV are added to the on-demand lineup
[ABEMA]
copyAbemaTV Inc52
6 Media Business
TVer GYAO
Advertising
Use
r-g
ener
ated
co
nten
tPr
ofes
sion
al-c
reat
ed c
onte
nt
YouTube niconico
Amazonprime video
TELASA(Former videopass)
Paravi
Netflix
DAZN Hulu
dTV
Subscription
Video streaming services map
[ABEMA] Revenue streams are ldquoadvertisingrdquo and ldquosubscriptionrdquo
Video streaming services map Made by CyberAgent based on our research on the business model of each video streaming service (As of March 2020)
U-NEXT
53
6 Media Business
54
80K
ABEMA Exclusive LDH FestivalAvailable since September 28
Special movie co-produced with Toei Video Streaming starts on January 1
Dec 2017
6 Media Business
[ABEMA] 844K subscribers at the end of SeptemberWe are aiming to reach 1 million subscribers by the end of December
Exclusive Content on ABEMA PremiumldquoABEMA Premiumrdquo Subscribers
Sept 2020
844K
copyAbemaTV Inc
FY2016 FY2017 FY2018 FY2019 FY2020 55
138
63
19
211
02
Official Shopping Channel of ABEMA
MonthlySubscription
Related Businesses
Sales of ABEMA amp Related Businesses Advertising sales include consolidated subsidiary AJA Inc since FY2019 copyAbemaTV Inc
6 Media Business
[Sales of ABEMA amp Related Businesses (Full-year)]
Increased by approx 15x YoY driven by the growth of related businesses
Ads
ldquoABEMA PPV ONLINE LIVErdquo
Bet on Cycling Online ldquoWINTICKETrdquo
billion yen
56
6 Media Business
[ABEMA] Streaming a variety of exclusive live shows on ldquoABEMA PPV ONLINE LIVErdquo
July to September Lineup
copyAbemaTV Inc
57
Comment
Tipping
Product Sales
Catch-up Replay
Time-shift Replay
Multi-angle View
Voting
[ABEMA] Pay-Per-View feature offers not only online live entertainment but also various other functions
Ticket Purchase Comment Feature Features Available
Features to be added
copyAbemaTV Inc
6 Media Business
58
Upcoming Live Concerts
FY2020 3Q FY2020 4Q
23
01
6 Media Business
[ABEMA] Sales of PPV service is growing rapidly The upcoming event list is ever-expanding
Sales of PPV
copyAbemaTV Inc
billion yen
FY2019 3Q FY2019 4Q FY2020 1Q FY2020 2Q FY2020 3Q FY2020 4Q
04
17
59
08
35
72
137
17x
6 Media Business
[ABEMA] The transaction amount of ldquoWINTICKETrdquo is burgeoning increased by 17x year over year
Quarterly Transaction Amount Transaction amount of WinTicket Inc that operates internet betting system of Keirin races (includes loyalty point campaign)
billion yen
Quarterly Transaction Amount
60copyAbemaTV
[ABEMA] We continue to actively promote collaborations with partner companies
Business Alliance Partnership
Gonosy
New Billing Service
Shareholding ratio CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30Compatible with TV devices As of the end of April 2020 (adopted models only)
6 Media Business
SMART MOBILE COMMUNICATIONS Co Ltd
Compatible with TV devices
SHARP AQUOS SONY 4K BRAVIA Panasonic VIERA TOSHIBA REGZA
Mitsubishi Electric REAL Hisense
OSAKA GAS COLTD
Subscription
Advertising
RelatedBusiness etc
Accelerate monetization by related business etc
while increasing advertising and subscription revenues
2016
Medium and Long-Term Sales Pipeline
2019
[ABEMA]
61
6 Media Business
FY2021
7 FY2021
62
Game
Ad
Media
Make successful games and enhance the operational capability to run long term games
Aim to increase sales by maximizing advertising effectiveness
Grow ABEMA larger and increase monetization
Grow ABEMA as a medium to long-term pillar
63
7 FY2021
8Dividend and Management Index
Dividend and Management Index
64
FY2016 FY2017 FY2018 FY2019 FY20200
1
2
3
4
5
6
7
8
9
10
11
12
13
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
65CyberAgent Inc vs Nikkei Stock Average (Nikkei 225) Transition of stock price of CyberAgent vs Nikkei stock avarage
Stock Price of CyberAgent vs Nikkei Stock Average Total dividend Amount
[Return to Shareholders]
CyberAgent
Nikkei Stock Average
414040
31
8Dividend and Management Index
We aim to increase stock price over the medium to long-term and pay dividend continually
42billion yen
timesROE DOEDividend Payout Ratio
＝
株主への経営指標は
66
We adopted ldquoDOE 5 or morerdquo as management index to maintain shareholder returns through dividends or share buybacks etc during the investment phase
FY2021 Dividend Payout Ratio 467-583 Total Dividend Amount 46billion yen (Planned)
[Management Index]
DOE Dividend on Equity (ROE x Dividend Payout Ratio)FY2021 Dividend Payout Ratio and Total Dividend Amount Expected Dividend 37yen x Number of outstanding shares excluding treasury shares as of September 2020
8Dividend and Management Index
44
52 50 52 51
FY2016 FY2017 FY2018 FY2019 FY2020
231
1000
830
2452
649
FY2016 FY2017 FY2018 FY2019 FY2020
189
5260
21
78
FY2016 FY2017 FY2018 FY2019 FY2020
51
78 649
Nikkei Average 26
0
1000
2000
3000
4000
5000
6000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
67
Share price [unit yen]
[Acquisition of treasury stock] Purchased and retired treasury stocks 4 times
Changes in stock prices
Feb 2002Acquired treasury stocks
worth 15 billion yen（Jun 2004 119 billion yen
retired）
Nov 2007Acquired treasury stocks
worth 099 billion yen（Sep 2008 099 billion yen
retired）
Oct 2011Acquired treasury stocks
worth 199 billion yen
Feb 2013Acquired treasury stocks
worth 499 billion yen（Feb 2013 43 billion yen
retired）
Apr 2004Collapse of
Internet bubble
Jan 2006Livedoor
shock
Sep 2008Influence of
subprime crisis
May 2012Complete gacha
shock
8Dividend and Management Index
9 Reference
Reference
68
bull Governancebull Quarterly Results (July ndash September 2020)
69
Board of Directors
Four executive directors include a female director
本体役員室
常務執行役員
9 Reference_ Governance
We developed a new structure to strengthen governance and make a clear distinction between management oversight and execution
Corporate Executive Office
Managing Executive Officers Executive Officers
Four outside directors
Eight executive directors who are higher than senior managing executive officers
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb MarJan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
TVer
GYAO
Netflix
TVer
Amazon Prime Video
GYAO
[ABEMA] ABEMA has one of the largest MAUs in the country with many young users
MAU of Video Streaming Services MAU in teenagers to 20s
MAU of Video Streaming Services Based on App Ape an app analysis tool provided by Fuller Inc (as of March 2020)
Amazon Prime Video
2019 2019 20202020
Hulu
TELASA(Former videopass)
Netflix
dTV
DAZNParaviU-NEXT
Hulu
dTV
DAZNParavi
U-NEXT
TELASA(Former videopass)
46
6 Media Business
118
267
269
475
352
550 568
418
510
729
658
591623
550
628
679
918
732
855
1070
1027
843
1330
1059
1005
928
1269
1038
829
1198
1087
1431
1490
1253
1321
1038
1456
1325
1403
1142
1423
1211
Apr Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep
472016 2017 2018 2019
10M WAU
2020copyAbemaTV Inc
Sports amp InterestLive StreamingInformation on COVID-19
A viewing habit of ldquoWhen something happened turn on ABEMArdquo has been developed WAU remain stable after lifting of the stay-at-home request
6 Media Business
Growth of WAU
[ABEMA]
WAU Weekly Active Users
million
48copyAbemaTV Inc
6 Media Business
[ABEMA] High-quality shows of ABEMA have been recognized Two original shows has awarded at the 36th ATP Award TV Grand Prix
Information amp Variety CategoryFirst Prize
ldquoYou canrsquot fool me Miss Wolfyrdquo
Drama CategoryEncouragement Prize
ldquoIn the world where I am the only 17-year-oldrdquo
49copyAbemaTVInc
TV Asahi Corporation ldquoTELASArdquo and ABEMA are working on the collaborative project Japanese remake of the world-famous drama ldquo24rdquo begun to airABEMA exclusive episodes are also broadcast
24 JAPANcopy 2020 Twentieth Century Fox Film Corporation All Rights Reserved Broadcasting has started since October 9 2020ABEMA exclusive episodes Japan version exclusive episodes are broadcast for ABEMA premium users
6 Media Business
[ABEMA]
4753
Users by GenderUsers by Age Group
Users are mainly young people
Teenagers22
[ABEMA]
50
6 Media Business
Age 35+40
Age 20-3438
September2020
September2020
43
On-demand viewing ratio Total viewing hours of ABEMAVideo which include both free and paid users
On-demand
September2020Linear
57
Time Spent by Linear vs On-demand
[ABEMA]
On-demand viewing ratio has increased
51
6 Media Business
Time Spent by Device
SP69
TB8
PC12
TV10
September2020
Time spent watching ABEMA via PC or TV devices have increased
Number of Programs
Linear
700 Series month
5500 Episodes
Approx 1100
26000
On-demand
(Approx 600 original episodes)
Original Programs which ldquoABEMArdquo produces such as dating reality shows variety shows drama and news The Number of programs As of March 2020
Approx
Approx
Approx
Series
Episodes
(Approx 8000 original episodes)
ABEMA is a hybrid of linear TV and videoThe shows broadcast on linear TV are added to the on-demand lineup
[ABEMA]
copyAbemaTV Inc52
6 Media Business
TVer GYAO
Advertising
Use
r-g
ener
ated
co
nten
tPr
ofes
sion
al-c
reat
ed c
onte
nt
YouTube niconico
Amazonprime video
TELASA(Former videopass)
Paravi
Netflix
DAZN Hulu
dTV
Subscription
Video streaming services map
[ABEMA] Revenue streams are ldquoadvertisingrdquo and ldquosubscriptionrdquo
Video streaming services map Made by CyberAgent based on our research on the business model of each video streaming service (As of March 2020)
U-NEXT
53
6 Media Business
54
80K
ABEMA Exclusive LDH FestivalAvailable since September 28
Special movie co-produced with Toei Video Streaming starts on January 1
Dec 2017
6 Media Business
[ABEMA] 844K subscribers at the end of SeptemberWe are aiming to reach 1 million subscribers by the end of December
Exclusive Content on ABEMA PremiumldquoABEMA Premiumrdquo Subscribers
Sept 2020
844K
copyAbemaTV Inc
FY2016 FY2017 FY2018 FY2019 FY2020 55
138
63
19
211
02
Official Shopping Channel of ABEMA
MonthlySubscription
Related Businesses
Sales of ABEMA amp Related Businesses Advertising sales include consolidated subsidiary AJA Inc since FY2019 copyAbemaTV Inc
6 Media Business
[Sales of ABEMA amp Related Businesses (Full-year)]
Increased by approx 15x YoY driven by the growth of related businesses
Ads
ldquoABEMA PPV ONLINE LIVErdquo
Bet on Cycling Online ldquoWINTICKETrdquo
billion yen
56
6 Media Business
[ABEMA] Streaming a variety of exclusive live shows on ldquoABEMA PPV ONLINE LIVErdquo
July to September Lineup
copyAbemaTV Inc
57
Comment
Tipping
Product Sales
Catch-up Replay
Time-shift Replay
Multi-angle View
Voting
[ABEMA] Pay-Per-View feature offers not only online live entertainment but also various other functions
Ticket Purchase Comment Feature Features Available
Features to be added
copyAbemaTV Inc
6 Media Business
58
Upcoming Live Concerts
FY2020 3Q FY2020 4Q
23
01
6 Media Business
[ABEMA] Sales of PPV service is growing rapidly The upcoming event list is ever-expanding
Sales of PPV
copyAbemaTV Inc
billion yen
FY2019 3Q FY2019 4Q FY2020 1Q FY2020 2Q FY2020 3Q FY2020 4Q
04
17
59
08
35
72
137
17x
6 Media Business
[ABEMA] The transaction amount of ldquoWINTICKETrdquo is burgeoning increased by 17x year over year
Quarterly Transaction Amount Transaction amount of WinTicket Inc that operates internet betting system of Keirin races (includes loyalty point campaign)
billion yen
Quarterly Transaction Amount
60copyAbemaTV
[ABEMA] We continue to actively promote collaborations with partner companies
Business Alliance Partnership
Gonosy
New Billing Service
Shareholding ratio CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30Compatible with TV devices As of the end of April 2020 (adopted models only)
6 Media Business
SMART MOBILE COMMUNICATIONS Co Ltd
Compatible with TV devices
SHARP AQUOS SONY 4K BRAVIA Panasonic VIERA TOSHIBA REGZA
Mitsubishi Electric REAL Hisense
OSAKA GAS COLTD
Subscription
Advertising
RelatedBusiness etc
Accelerate monetization by related business etc
while increasing advertising and subscription revenues
2016
Medium and Long-Term Sales Pipeline
2019
[ABEMA]
61
6 Media Business
FY2021
7 FY2021
62
Game
Ad
Media
Make successful games and enhance the operational capability to run long term games
Aim to increase sales by maximizing advertising effectiveness
Grow ABEMA larger and increase monetization
Grow ABEMA as a medium to long-term pillar
63
7 FY2021
8Dividend and Management Index
Dividend and Management Index
64
FY2016 FY2017 FY2018 FY2019 FY20200
1
2
3
4
5
6
7
8
9
10
11
12
13
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
65CyberAgent Inc vs Nikkei Stock Average (Nikkei 225) Transition of stock price of CyberAgent vs Nikkei stock avarage
Stock Price of CyberAgent vs Nikkei Stock Average Total dividend Amount
[Return to Shareholders]
CyberAgent
Nikkei Stock Average
414040
31
8Dividend and Management Index
We aim to increase stock price over the medium to long-term and pay dividend continually
42billion yen
timesROE DOEDividend Payout Ratio
＝
株主への経営指標は
66
We adopted ldquoDOE 5 or morerdquo as management index to maintain shareholder returns through dividends or share buybacks etc during the investment phase
FY2021 Dividend Payout Ratio 467-583 Total Dividend Amount 46billion yen (Planned)
[Management Index]
DOE Dividend on Equity (ROE x Dividend Payout Ratio)FY2021 Dividend Payout Ratio and Total Dividend Amount Expected Dividend 37yen x Number of outstanding shares excluding treasury shares as of September 2020
8Dividend and Management Index
44
52 50 52 51
FY2016 FY2017 FY2018 FY2019 FY2020
231
1000
830
2452
649
FY2016 FY2017 FY2018 FY2019 FY2020
189
5260
21
78
FY2016 FY2017 FY2018 FY2019 FY2020
51
78 649
Nikkei Average 26
0
1000
2000
3000
4000
5000
6000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
67
Share price [unit yen]
[Acquisition of treasury stock] Purchased and retired treasury stocks 4 times
Changes in stock prices
Feb 2002Acquired treasury stocks
worth 15 billion yen（Jun 2004 119 billion yen
retired）
Nov 2007Acquired treasury stocks
worth 099 billion yen（Sep 2008 099 billion yen
retired）
Oct 2011Acquired treasury stocks
worth 199 billion yen
Feb 2013Acquired treasury stocks
worth 499 billion yen（Feb 2013 43 billion yen
retired）
Apr 2004Collapse of
Internet bubble
Jan 2006Livedoor
shock
Sep 2008Influence of
subprime crisis
May 2012Complete gacha
shock
8Dividend and Management Index
9 Reference
Reference
68
bull Governancebull Quarterly Results (July ndash September 2020)
69
Board of Directors
Four executive directors include a female director
本体役員室
常務執行役員
9 Reference_ Governance
We developed a new structure to strengthen governance and make a clear distinction between management oversight and execution
Corporate Executive Office
Managing Executive Officers Executive Officers
Four outside directors
Eight executive directors who are higher than senior managing executive officers
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
118
267
269
475
352
550 568
418
510
729
658
591623
550
628
679
918
732
855
1070
1027
843
1330
1059
1005
928
1269
1038
829
1198
1087
1431
1490
1253
1321
1038
1456
1325
1403
1142
1423
1211
Apr Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep
472016 2017 2018 2019
10M WAU
2020copyAbemaTV Inc
Sports amp InterestLive StreamingInformation on COVID-19
A viewing habit of ldquoWhen something happened turn on ABEMArdquo has been developed WAU remain stable after lifting of the stay-at-home request
6 Media Business
Growth of WAU
[ABEMA]
WAU Weekly Active Users
million
48copyAbemaTV Inc
6 Media Business
[ABEMA] High-quality shows of ABEMA have been recognized Two original shows has awarded at the 36th ATP Award TV Grand Prix
Information amp Variety CategoryFirst Prize
ldquoYou canrsquot fool me Miss Wolfyrdquo
Drama CategoryEncouragement Prize
ldquoIn the world where I am the only 17-year-oldrdquo
49copyAbemaTVInc
TV Asahi Corporation ldquoTELASArdquo and ABEMA are working on the collaborative project Japanese remake of the world-famous drama ldquo24rdquo begun to airABEMA exclusive episodes are also broadcast
24 JAPANcopy 2020 Twentieth Century Fox Film Corporation All Rights Reserved Broadcasting has started since October 9 2020ABEMA exclusive episodes Japan version exclusive episodes are broadcast for ABEMA premium users
6 Media Business
[ABEMA]
4753
Users by GenderUsers by Age Group
Users are mainly young people
Teenagers22
[ABEMA]
50
6 Media Business
Age 35+40
Age 20-3438
September2020
September2020
43
On-demand viewing ratio Total viewing hours of ABEMAVideo which include both free and paid users
On-demand
September2020Linear
57
Time Spent by Linear vs On-demand
[ABEMA]
On-demand viewing ratio has increased
51
6 Media Business
Time Spent by Device
SP69
TB8
PC12
TV10
September2020
Time spent watching ABEMA via PC or TV devices have increased
Number of Programs
Linear
700 Series month
5500 Episodes
Approx 1100
26000
On-demand
(Approx 600 original episodes)
Original Programs which ldquoABEMArdquo produces such as dating reality shows variety shows drama and news The Number of programs As of March 2020
Approx
Approx
Approx
Series
Episodes
(Approx 8000 original episodes)
ABEMA is a hybrid of linear TV and videoThe shows broadcast on linear TV are added to the on-demand lineup
[ABEMA]
copyAbemaTV Inc52
6 Media Business
TVer GYAO
Advertising
Use
r-g
ener
ated
co
nten
tPr
ofes
sion
al-c
reat
ed c
onte
nt
YouTube niconico
Amazonprime video
TELASA(Former videopass)
Paravi
Netflix
DAZN Hulu
dTV
Subscription
Video streaming services map
[ABEMA] Revenue streams are ldquoadvertisingrdquo and ldquosubscriptionrdquo
Video streaming services map Made by CyberAgent based on our research on the business model of each video streaming service (As of March 2020)
U-NEXT
53
6 Media Business
54
80K
ABEMA Exclusive LDH FestivalAvailable since September 28
Special movie co-produced with Toei Video Streaming starts on January 1
Dec 2017
6 Media Business
[ABEMA] 844K subscribers at the end of SeptemberWe are aiming to reach 1 million subscribers by the end of December
Exclusive Content on ABEMA PremiumldquoABEMA Premiumrdquo Subscribers
Sept 2020
844K
copyAbemaTV Inc
FY2016 FY2017 FY2018 FY2019 FY2020 55
138
63
19
211
02
Official Shopping Channel of ABEMA
MonthlySubscription
Related Businesses
Sales of ABEMA amp Related Businesses Advertising sales include consolidated subsidiary AJA Inc since FY2019 copyAbemaTV Inc
6 Media Business
[Sales of ABEMA amp Related Businesses (Full-year)]
Increased by approx 15x YoY driven by the growth of related businesses
Ads
ldquoABEMA PPV ONLINE LIVErdquo
Bet on Cycling Online ldquoWINTICKETrdquo
billion yen
56
6 Media Business
[ABEMA] Streaming a variety of exclusive live shows on ldquoABEMA PPV ONLINE LIVErdquo
July to September Lineup
copyAbemaTV Inc
57
Comment
Tipping
Product Sales
Catch-up Replay
Time-shift Replay
Multi-angle View
Voting
[ABEMA] Pay-Per-View feature offers not only online live entertainment but also various other functions
Ticket Purchase Comment Feature Features Available
Features to be added
copyAbemaTV Inc
6 Media Business
58
Upcoming Live Concerts
FY2020 3Q FY2020 4Q
23
01
6 Media Business
[ABEMA] Sales of PPV service is growing rapidly The upcoming event list is ever-expanding
Sales of PPV
copyAbemaTV Inc
billion yen
FY2019 3Q FY2019 4Q FY2020 1Q FY2020 2Q FY2020 3Q FY2020 4Q
04
17
59
08
35
72
137
17x
6 Media Business
[ABEMA] The transaction amount of ldquoWINTICKETrdquo is burgeoning increased by 17x year over year
Quarterly Transaction Amount Transaction amount of WinTicket Inc that operates internet betting system of Keirin races (includes loyalty point campaign)
billion yen
Quarterly Transaction Amount
60copyAbemaTV
[ABEMA] We continue to actively promote collaborations with partner companies
Business Alliance Partnership
Gonosy
New Billing Service
Shareholding ratio CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30Compatible with TV devices As of the end of April 2020 (adopted models only)
6 Media Business
SMART MOBILE COMMUNICATIONS Co Ltd
Compatible with TV devices
SHARP AQUOS SONY 4K BRAVIA Panasonic VIERA TOSHIBA REGZA
Mitsubishi Electric REAL Hisense
OSAKA GAS COLTD
Subscription
Advertising
RelatedBusiness etc
Accelerate monetization by related business etc
while increasing advertising and subscription revenues
2016
Medium and Long-Term Sales Pipeline
2019
[ABEMA]
61
6 Media Business
FY2021
7 FY2021
62
Game
Ad
Media
Make successful games and enhance the operational capability to run long term games
Aim to increase sales by maximizing advertising effectiveness
Grow ABEMA larger and increase monetization
Grow ABEMA as a medium to long-term pillar
63
7 FY2021
8Dividend and Management Index
Dividend and Management Index
64
FY2016 FY2017 FY2018 FY2019 FY20200
1
2
3
4
5
6
7
8
9
10
11
12
13
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
65CyberAgent Inc vs Nikkei Stock Average (Nikkei 225) Transition of stock price of CyberAgent vs Nikkei stock avarage
Stock Price of CyberAgent vs Nikkei Stock Average Total dividend Amount
[Return to Shareholders]
CyberAgent
Nikkei Stock Average
414040
31
8Dividend and Management Index
We aim to increase stock price over the medium to long-term and pay dividend continually
42billion yen
timesROE DOEDividend Payout Ratio
＝
株主への経営指標は
66
We adopted ldquoDOE 5 or morerdquo as management index to maintain shareholder returns through dividends or share buybacks etc during the investment phase
FY2021 Dividend Payout Ratio 467-583 Total Dividend Amount 46billion yen (Planned)
[Management Index]
DOE Dividend on Equity (ROE x Dividend Payout Ratio)FY2021 Dividend Payout Ratio and Total Dividend Amount Expected Dividend 37yen x Number of outstanding shares excluding treasury shares as of September 2020
8Dividend and Management Index
44
52 50 52 51
FY2016 FY2017 FY2018 FY2019 FY2020
231
1000
830
2452
649
FY2016 FY2017 FY2018 FY2019 FY2020
189
5260
21
78
FY2016 FY2017 FY2018 FY2019 FY2020
51
78 649
Nikkei Average 26
0
1000
2000
3000
4000
5000
6000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
67
Share price [unit yen]
[Acquisition of treasury stock] Purchased and retired treasury stocks 4 times
Changes in stock prices
Feb 2002Acquired treasury stocks
worth 15 billion yen（Jun 2004 119 billion yen
retired）
Nov 2007Acquired treasury stocks
worth 099 billion yen（Sep 2008 099 billion yen
retired）
Oct 2011Acquired treasury stocks
worth 199 billion yen
Feb 2013Acquired treasury stocks
worth 499 billion yen（Feb 2013 43 billion yen
retired）
Apr 2004Collapse of
Internet bubble
Jan 2006Livedoor
shock
Sep 2008Influence of
subprime crisis
May 2012Complete gacha
shock
8Dividend and Management Index
9 Reference
Reference
68
bull Governancebull Quarterly Results (July ndash September 2020)
69
Board of Directors
Four executive directors include a female director
本体役員室
常務執行役員
9 Reference_ Governance
We developed a new structure to strengthen governance and make a clear distinction between management oversight and execution
Corporate Executive Office
Managing Executive Officers Executive Officers
Four outside directors
Eight executive directors who are higher than senior managing executive officers
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
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- スライド番号 77
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- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
48copyAbemaTV Inc
6 Media Business
[ABEMA] High-quality shows of ABEMA have been recognized Two original shows has awarded at the 36th ATP Award TV Grand Prix
Information amp Variety CategoryFirst Prize
ldquoYou canrsquot fool me Miss Wolfyrdquo
Drama CategoryEncouragement Prize
ldquoIn the world where I am the only 17-year-oldrdquo
49copyAbemaTVInc
TV Asahi Corporation ldquoTELASArdquo and ABEMA are working on the collaborative project Japanese remake of the world-famous drama ldquo24rdquo begun to airABEMA exclusive episodes are also broadcast
24 JAPANcopy 2020 Twentieth Century Fox Film Corporation All Rights Reserved Broadcasting has started since October 9 2020ABEMA exclusive episodes Japan version exclusive episodes are broadcast for ABEMA premium users
6 Media Business
[ABEMA]
4753
Users by GenderUsers by Age Group
Users are mainly young people
Teenagers22
[ABEMA]
50
6 Media Business
Age 35+40
Age 20-3438
September2020
September2020
43
On-demand viewing ratio Total viewing hours of ABEMAVideo which include both free and paid users
On-demand
September2020Linear
57
Time Spent by Linear vs On-demand
[ABEMA]
On-demand viewing ratio has increased
51
6 Media Business
Time Spent by Device
SP69
TB8
PC12
TV10
September2020
Time spent watching ABEMA via PC or TV devices have increased
Number of Programs
Linear
700 Series month
5500 Episodes
Approx 1100
26000
On-demand
(Approx 600 original episodes)
Original Programs which ldquoABEMArdquo produces such as dating reality shows variety shows drama and news The Number of programs As of March 2020
Approx
Approx
Approx
Series
Episodes
(Approx 8000 original episodes)
ABEMA is a hybrid of linear TV and videoThe shows broadcast on linear TV are added to the on-demand lineup
[ABEMA]
copyAbemaTV Inc52
6 Media Business
TVer GYAO
Advertising
Use
r-g
ener
ated
co
nten
tPr
ofes
sion
al-c
reat
ed c
onte
nt
YouTube niconico
Amazonprime video
TELASA(Former videopass)
Paravi
Netflix
DAZN Hulu
dTV
Subscription
Video streaming services map
[ABEMA] Revenue streams are ldquoadvertisingrdquo and ldquosubscriptionrdquo
Video streaming services map Made by CyberAgent based on our research on the business model of each video streaming service (As of March 2020)
U-NEXT
53
6 Media Business
54
80K
ABEMA Exclusive LDH FestivalAvailable since September 28
Special movie co-produced with Toei Video Streaming starts on January 1
Dec 2017
6 Media Business
[ABEMA] 844K subscribers at the end of SeptemberWe are aiming to reach 1 million subscribers by the end of December
Exclusive Content on ABEMA PremiumldquoABEMA Premiumrdquo Subscribers
Sept 2020
844K
copyAbemaTV Inc
FY2016 FY2017 FY2018 FY2019 FY2020 55
138
63
19
211
02
Official Shopping Channel of ABEMA
MonthlySubscription
Related Businesses
Sales of ABEMA amp Related Businesses Advertising sales include consolidated subsidiary AJA Inc since FY2019 copyAbemaTV Inc
6 Media Business
[Sales of ABEMA amp Related Businesses (Full-year)]
Increased by approx 15x YoY driven by the growth of related businesses
Ads
ldquoABEMA PPV ONLINE LIVErdquo
Bet on Cycling Online ldquoWINTICKETrdquo
billion yen
56
6 Media Business
[ABEMA] Streaming a variety of exclusive live shows on ldquoABEMA PPV ONLINE LIVErdquo
July to September Lineup
copyAbemaTV Inc
57
Comment
Tipping
Product Sales
Catch-up Replay
Time-shift Replay
Multi-angle View
Voting
[ABEMA] Pay-Per-View feature offers not only online live entertainment but also various other functions
Ticket Purchase Comment Feature Features Available
Features to be added
copyAbemaTV Inc
6 Media Business
58
Upcoming Live Concerts
FY2020 3Q FY2020 4Q
23
01
6 Media Business
[ABEMA] Sales of PPV service is growing rapidly The upcoming event list is ever-expanding
Sales of PPV
copyAbemaTV Inc
billion yen
FY2019 3Q FY2019 4Q FY2020 1Q FY2020 2Q FY2020 3Q FY2020 4Q
04
17
59
08
35
72
137
17x
6 Media Business
[ABEMA] The transaction amount of ldquoWINTICKETrdquo is burgeoning increased by 17x year over year
Quarterly Transaction Amount Transaction amount of WinTicket Inc that operates internet betting system of Keirin races (includes loyalty point campaign)
billion yen
Quarterly Transaction Amount
60copyAbemaTV
[ABEMA] We continue to actively promote collaborations with partner companies
Business Alliance Partnership
Gonosy
New Billing Service
Shareholding ratio CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30Compatible with TV devices As of the end of April 2020 (adopted models only)
6 Media Business
SMART MOBILE COMMUNICATIONS Co Ltd
Compatible with TV devices
SHARP AQUOS SONY 4K BRAVIA Panasonic VIERA TOSHIBA REGZA
Mitsubishi Electric REAL Hisense
OSAKA GAS COLTD
Subscription
Advertising
RelatedBusiness etc
Accelerate monetization by related business etc
while increasing advertising and subscription revenues
2016
Medium and Long-Term Sales Pipeline
2019
[ABEMA]
61
6 Media Business
FY2021
7 FY2021
62
Game
Ad
Media
Make successful games and enhance the operational capability to run long term games
Aim to increase sales by maximizing advertising effectiveness
Grow ABEMA larger and increase monetization
Grow ABEMA as a medium to long-term pillar
63
7 FY2021
8Dividend and Management Index
Dividend and Management Index
64
FY2016 FY2017 FY2018 FY2019 FY20200
1
2
3
4
5
6
7
8
9
10
11
12
13
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
65CyberAgent Inc vs Nikkei Stock Average (Nikkei 225) Transition of stock price of CyberAgent vs Nikkei stock avarage
Stock Price of CyberAgent vs Nikkei Stock Average Total dividend Amount
[Return to Shareholders]
CyberAgent
Nikkei Stock Average
414040
31
8Dividend and Management Index
We aim to increase stock price over the medium to long-term and pay dividend continually
42billion yen
timesROE DOEDividend Payout Ratio
＝
株主への経営指標は
66
We adopted ldquoDOE 5 or morerdquo as management index to maintain shareholder returns through dividends or share buybacks etc during the investment phase
FY2021 Dividend Payout Ratio 467-583 Total Dividend Amount 46billion yen (Planned)
[Management Index]
DOE Dividend on Equity (ROE x Dividend Payout Ratio)FY2021 Dividend Payout Ratio and Total Dividend Amount Expected Dividend 37yen x Number of outstanding shares excluding treasury shares as of September 2020
8Dividend and Management Index
44
52 50 52 51
FY2016 FY2017 FY2018 FY2019 FY2020
231
1000
830
2452
649
FY2016 FY2017 FY2018 FY2019 FY2020
189
5260
21
78
FY2016 FY2017 FY2018 FY2019 FY2020
51
78 649
Nikkei Average 26
0
1000
2000
3000
4000
5000
6000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
67
Share price [unit yen]
[Acquisition of treasury stock] Purchased and retired treasury stocks 4 times
Changes in stock prices
Feb 2002Acquired treasury stocks
worth 15 billion yen（Jun 2004 119 billion yen
retired）
Nov 2007Acquired treasury stocks
worth 099 billion yen（Sep 2008 099 billion yen
retired）
Oct 2011Acquired treasury stocks
worth 199 billion yen
Feb 2013Acquired treasury stocks
worth 499 billion yen（Feb 2013 43 billion yen
retired）
Apr 2004Collapse of
Internet bubble
Jan 2006Livedoor
shock
Sep 2008Influence of
subprime crisis
May 2012Complete gacha
shock
8Dividend and Management Index
9 Reference
Reference
68
bull Governancebull Quarterly Results (July ndash September 2020)
69
Board of Directors
Four executive directors include a female director
本体役員室
常務執行役員
9 Reference_ Governance
We developed a new structure to strengthen governance and make a clear distinction between management oversight and execution
Corporate Executive Office
Managing Executive Officers Executive Officers
Four outside directors
Eight executive directors who are higher than senior managing executive officers
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
49copyAbemaTVInc
TV Asahi Corporation ldquoTELASArdquo and ABEMA are working on the collaborative project Japanese remake of the world-famous drama ldquo24rdquo begun to airABEMA exclusive episodes are also broadcast
24 JAPANcopy 2020 Twentieth Century Fox Film Corporation All Rights Reserved Broadcasting has started since October 9 2020ABEMA exclusive episodes Japan version exclusive episodes are broadcast for ABEMA premium users
6 Media Business
[ABEMA]
4753
Users by GenderUsers by Age Group
Users are mainly young people
Teenagers22
[ABEMA]
50
6 Media Business
Age 35+40
Age 20-3438
September2020
September2020
43
On-demand viewing ratio Total viewing hours of ABEMAVideo which include both free and paid users
On-demand
September2020Linear
57
Time Spent by Linear vs On-demand
[ABEMA]
On-demand viewing ratio has increased
51
6 Media Business
Time Spent by Device
SP69
TB8
PC12
TV10
September2020
Time spent watching ABEMA via PC or TV devices have increased
Number of Programs
Linear
700 Series month
5500 Episodes
Approx 1100
26000
On-demand
(Approx 600 original episodes)
Original Programs which ldquoABEMArdquo produces such as dating reality shows variety shows drama and news The Number of programs As of March 2020
Approx
Approx
Approx
Series
Episodes
(Approx 8000 original episodes)
ABEMA is a hybrid of linear TV and videoThe shows broadcast on linear TV are added to the on-demand lineup
[ABEMA]
copyAbemaTV Inc52
6 Media Business
TVer GYAO
Advertising
Use
r-g
ener
ated
co
nten
tPr
ofes
sion
al-c
reat
ed c
onte
nt
YouTube niconico
Amazonprime video
TELASA(Former videopass)
Paravi
Netflix
DAZN Hulu
dTV
Subscription
Video streaming services map
[ABEMA] Revenue streams are ldquoadvertisingrdquo and ldquosubscriptionrdquo
Video streaming services map Made by CyberAgent based on our research on the business model of each video streaming service (As of March 2020)
U-NEXT
53
6 Media Business
54
80K
ABEMA Exclusive LDH FestivalAvailable since September 28
Special movie co-produced with Toei Video Streaming starts on January 1
Dec 2017
6 Media Business
[ABEMA] 844K subscribers at the end of SeptemberWe are aiming to reach 1 million subscribers by the end of December
Exclusive Content on ABEMA PremiumldquoABEMA Premiumrdquo Subscribers
Sept 2020
844K
copyAbemaTV Inc
FY2016 FY2017 FY2018 FY2019 FY2020 55
138
63
19
211
02
Official Shopping Channel of ABEMA
MonthlySubscription
Related Businesses
Sales of ABEMA amp Related Businesses Advertising sales include consolidated subsidiary AJA Inc since FY2019 copyAbemaTV Inc
6 Media Business
[Sales of ABEMA amp Related Businesses (Full-year)]
Increased by approx 15x YoY driven by the growth of related businesses
Ads
ldquoABEMA PPV ONLINE LIVErdquo
Bet on Cycling Online ldquoWINTICKETrdquo
billion yen
56
6 Media Business
[ABEMA] Streaming a variety of exclusive live shows on ldquoABEMA PPV ONLINE LIVErdquo
July to September Lineup
copyAbemaTV Inc
57
Comment
Tipping
Product Sales
Catch-up Replay
Time-shift Replay
Multi-angle View
Voting
[ABEMA] Pay-Per-View feature offers not only online live entertainment but also various other functions
Ticket Purchase Comment Feature Features Available
Features to be added
copyAbemaTV Inc
6 Media Business
58
Upcoming Live Concerts
FY2020 3Q FY2020 4Q
23
01
6 Media Business
[ABEMA] Sales of PPV service is growing rapidly The upcoming event list is ever-expanding
Sales of PPV
copyAbemaTV Inc
billion yen
FY2019 3Q FY2019 4Q FY2020 1Q FY2020 2Q FY2020 3Q FY2020 4Q
04
17
59
08
35
72
137
17x
6 Media Business
[ABEMA] The transaction amount of ldquoWINTICKETrdquo is burgeoning increased by 17x year over year
Quarterly Transaction Amount Transaction amount of WinTicket Inc that operates internet betting system of Keirin races (includes loyalty point campaign)
billion yen
Quarterly Transaction Amount
60copyAbemaTV
[ABEMA] We continue to actively promote collaborations with partner companies
Business Alliance Partnership
Gonosy
New Billing Service
Shareholding ratio CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30Compatible with TV devices As of the end of April 2020 (adopted models only)
6 Media Business
SMART MOBILE COMMUNICATIONS Co Ltd
Compatible with TV devices
SHARP AQUOS SONY 4K BRAVIA Panasonic VIERA TOSHIBA REGZA
Mitsubishi Electric REAL Hisense
OSAKA GAS COLTD
Subscription
Advertising
RelatedBusiness etc
Accelerate monetization by related business etc
while increasing advertising and subscription revenues
2016
Medium and Long-Term Sales Pipeline
2019
[ABEMA]
61
6 Media Business
FY2021
7 FY2021
62
Game
Ad
Media
Make successful games and enhance the operational capability to run long term games
Aim to increase sales by maximizing advertising effectiveness
Grow ABEMA larger and increase monetization
Grow ABEMA as a medium to long-term pillar
63
7 FY2021
8Dividend and Management Index
Dividend and Management Index
64
FY2016 FY2017 FY2018 FY2019 FY20200
1
2
3
4
5
6
7
8
9
10
11
12
13
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
65CyberAgent Inc vs Nikkei Stock Average (Nikkei 225) Transition of stock price of CyberAgent vs Nikkei stock avarage
Stock Price of CyberAgent vs Nikkei Stock Average Total dividend Amount
[Return to Shareholders]
CyberAgent
Nikkei Stock Average
414040
31
8Dividend and Management Index
We aim to increase stock price over the medium to long-term and pay dividend continually
42billion yen
timesROE DOEDividend Payout Ratio
＝
株主への経営指標は
66
We adopted ldquoDOE 5 or morerdquo as management index to maintain shareholder returns through dividends or share buybacks etc during the investment phase
FY2021 Dividend Payout Ratio 467-583 Total Dividend Amount 46billion yen (Planned)
[Management Index]
DOE Dividend on Equity (ROE x Dividend Payout Ratio)FY2021 Dividend Payout Ratio and Total Dividend Amount Expected Dividend 37yen x Number of outstanding shares excluding treasury shares as of September 2020
8Dividend and Management Index
44
52 50 52 51
FY2016 FY2017 FY2018 FY2019 FY2020
231
1000
830
2452
649
FY2016 FY2017 FY2018 FY2019 FY2020
189
5260
21
78
FY2016 FY2017 FY2018 FY2019 FY2020
51
78 649
Nikkei Average 26
0
1000
2000
3000
4000
5000
6000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
67
Share price [unit yen]
[Acquisition of treasury stock] Purchased and retired treasury stocks 4 times
Changes in stock prices
Feb 2002Acquired treasury stocks
worth 15 billion yen（Jun 2004 119 billion yen
retired）
Nov 2007Acquired treasury stocks
worth 099 billion yen（Sep 2008 099 billion yen
retired）
Oct 2011Acquired treasury stocks
worth 199 billion yen
Feb 2013Acquired treasury stocks
worth 499 billion yen（Feb 2013 43 billion yen
retired）
Apr 2004Collapse of
Internet bubble
Jan 2006Livedoor
shock
Sep 2008Influence of
subprime crisis
May 2012Complete gacha
shock
8Dividend and Management Index
9 Reference
Reference
68
bull Governancebull Quarterly Results (July ndash September 2020)
69
Board of Directors
Four executive directors include a female director
本体役員室
常務執行役員
9 Reference_ Governance
We developed a new structure to strengthen governance and make a clear distinction between management oversight and execution
Corporate Executive Office
Managing Executive Officers Executive Officers
Four outside directors
Eight executive directors who are higher than senior managing executive officers
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
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- スライド番号 15
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- スライド番号 19
- スライド番号 20
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- スライド番号 25
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- スライド番号 27
- スライド番号 28
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- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
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- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
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- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
4753
Users by GenderUsers by Age Group
Users are mainly young people
Teenagers22
[ABEMA]
50
6 Media Business
Age 35+40
Age 20-3438
September2020
September2020
43
On-demand viewing ratio Total viewing hours of ABEMAVideo which include both free and paid users
On-demand
September2020Linear
57
Time Spent by Linear vs On-demand
[ABEMA]
On-demand viewing ratio has increased
51
6 Media Business
Time Spent by Device
SP69
TB8
PC12
TV10
September2020
Time spent watching ABEMA via PC or TV devices have increased
Number of Programs
Linear
700 Series month
5500 Episodes
Approx 1100
26000
On-demand
(Approx 600 original episodes)
Original Programs which ldquoABEMArdquo produces such as dating reality shows variety shows drama and news The Number of programs As of March 2020
Approx
Approx
Approx
Series
Episodes
(Approx 8000 original episodes)
ABEMA is a hybrid of linear TV and videoThe shows broadcast on linear TV are added to the on-demand lineup
[ABEMA]
copyAbemaTV Inc52
6 Media Business
TVer GYAO
Advertising
Use
r-g
ener
ated
co
nten
tPr
ofes
sion
al-c
reat
ed c
onte
nt
YouTube niconico
Amazonprime video
TELASA(Former videopass)
Paravi
Netflix
DAZN Hulu
dTV
Subscription
Video streaming services map
[ABEMA] Revenue streams are ldquoadvertisingrdquo and ldquosubscriptionrdquo
Video streaming services map Made by CyberAgent based on our research on the business model of each video streaming service (As of March 2020)
U-NEXT
53
6 Media Business
54
80K
ABEMA Exclusive LDH FestivalAvailable since September 28
Special movie co-produced with Toei Video Streaming starts on January 1
Dec 2017
6 Media Business
[ABEMA] 844K subscribers at the end of SeptemberWe are aiming to reach 1 million subscribers by the end of December
Exclusive Content on ABEMA PremiumldquoABEMA Premiumrdquo Subscribers
Sept 2020
844K
copyAbemaTV Inc
FY2016 FY2017 FY2018 FY2019 FY2020 55
138
63
19
211
02
Official Shopping Channel of ABEMA
MonthlySubscription
Related Businesses
Sales of ABEMA amp Related Businesses Advertising sales include consolidated subsidiary AJA Inc since FY2019 copyAbemaTV Inc
6 Media Business
[Sales of ABEMA amp Related Businesses (Full-year)]
Increased by approx 15x YoY driven by the growth of related businesses
Ads
ldquoABEMA PPV ONLINE LIVErdquo
Bet on Cycling Online ldquoWINTICKETrdquo
billion yen
56
6 Media Business
[ABEMA] Streaming a variety of exclusive live shows on ldquoABEMA PPV ONLINE LIVErdquo
July to September Lineup
copyAbemaTV Inc
57
Comment
Tipping
Product Sales
Catch-up Replay
Time-shift Replay
Multi-angle View
Voting
[ABEMA] Pay-Per-View feature offers not only online live entertainment but also various other functions
Ticket Purchase Comment Feature Features Available
Features to be added
copyAbemaTV Inc
6 Media Business
58
Upcoming Live Concerts
FY2020 3Q FY2020 4Q
23
01
6 Media Business
[ABEMA] Sales of PPV service is growing rapidly The upcoming event list is ever-expanding
Sales of PPV
copyAbemaTV Inc
billion yen
FY2019 3Q FY2019 4Q FY2020 1Q FY2020 2Q FY2020 3Q FY2020 4Q
04
17
59
08
35
72
137
17x
6 Media Business
[ABEMA] The transaction amount of ldquoWINTICKETrdquo is burgeoning increased by 17x year over year
Quarterly Transaction Amount Transaction amount of WinTicket Inc that operates internet betting system of Keirin races (includes loyalty point campaign)
billion yen
Quarterly Transaction Amount
60copyAbemaTV
[ABEMA] We continue to actively promote collaborations with partner companies
Business Alliance Partnership
Gonosy
New Billing Service
Shareholding ratio CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30Compatible with TV devices As of the end of April 2020 (adopted models only)
6 Media Business
SMART MOBILE COMMUNICATIONS Co Ltd
Compatible with TV devices
SHARP AQUOS SONY 4K BRAVIA Panasonic VIERA TOSHIBA REGZA
Mitsubishi Electric REAL Hisense
OSAKA GAS COLTD
Subscription
Advertising
RelatedBusiness etc
Accelerate monetization by related business etc
while increasing advertising and subscription revenues
2016
Medium and Long-Term Sales Pipeline
2019
[ABEMA]
61
6 Media Business
FY2021
7 FY2021
62
Game
Ad
Media
Make successful games and enhance the operational capability to run long term games
Aim to increase sales by maximizing advertising effectiveness
Grow ABEMA larger and increase monetization
Grow ABEMA as a medium to long-term pillar
63
7 FY2021
8Dividend and Management Index
Dividend and Management Index
64
FY2016 FY2017 FY2018 FY2019 FY20200
1
2
3
4
5
6
7
8
9
10
11
12
13
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
65CyberAgent Inc vs Nikkei Stock Average (Nikkei 225) Transition of stock price of CyberAgent vs Nikkei stock avarage
Stock Price of CyberAgent vs Nikkei Stock Average Total dividend Amount
[Return to Shareholders]
CyberAgent
Nikkei Stock Average
414040
31
8Dividend and Management Index
We aim to increase stock price over the medium to long-term and pay dividend continually
42billion yen
timesROE DOEDividend Payout Ratio
＝
株主への経営指標は
66
We adopted ldquoDOE 5 or morerdquo as management index to maintain shareholder returns through dividends or share buybacks etc during the investment phase
FY2021 Dividend Payout Ratio 467-583 Total Dividend Amount 46billion yen (Planned)
[Management Index]
DOE Dividend on Equity (ROE x Dividend Payout Ratio)FY2021 Dividend Payout Ratio and Total Dividend Amount Expected Dividend 37yen x Number of outstanding shares excluding treasury shares as of September 2020
8Dividend and Management Index
44
52 50 52 51
FY2016 FY2017 FY2018 FY2019 FY2020
231
1000
830
2452
649
FY2016 FY2017 FY2018 FY2019 FY2020
189
5260
21
78
FY2016 FY2017 FY2018 FY2019 FY2020
51
78 649
Nikkei Average 26
0
1000
2000
3000
4000
5000
6000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
67
Share price [unit yen]
[Acquisition of treasury stock] Purchased and retired treasury stocks 4 times
Changes in stock prices
Feb 2002Acquired treasury stocks
worth 15 billion yen（Jun 2004 119 billion yen
retired）
Nov 2007Acquired treasury stocks
worth 099 billion yen（Sep 2008 099 billion yen
retired）
Oct 2011Acquired treasury stocks
worth 199 billion yen
Feb 2013Acquired treasury stocks
worth 499 billion yen（Feb 2013 43 billion yen
retired）
Apr 2004Collapse of
Internet bubble
Jan 2006Livedoor
shock
Sep 2008Influence of
subprime crisis
May 2012Complete gacha
shock
8Dividend and Management Index
9 Reference
Reference
68
bull Governancebull Quarterly Results (July ndash September 2020)
69
Board of Directors
Four executive directors include a female director
本体役員室
常務執行役員
9 Reference_ Governance
We developed a new structure to strengthen governance and make a clear distinction between management oversight and execution
Corporate Executive Office
Managing Executive Officers Executive Officers
Four outside directors
Eight executive directors who are higher than senior managing executive officers
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
43
On-demand viewing ratio Total viewing hours of ABEMAVideo which include both free and paid users
On-demand
September2020Linear
57
Time Spent by Linear vs On-demand
[ABEMA]
On-demand viewing ratio has increased
51
6 Media Business
Time Spent by Device
SP69
TB8
PC12
TV10
September2020
Time spent watching ABEMA via PC or TV devices have increased
Number of Programs
Linear
700 Series month
5500 Episodes
Approx 1100
26000
On-demand
(Approx 600 original episodes)
Original Programs which ldquoABEMArdquo produces such as dating reality shows variety shows drama and news The Number of programs As of March 2020
Approx
Approx
Approx
Series
Episodes
(Approx 8000 original episodes)
ABEMA is a hybrid of linear TV and videoThe shows broadcast on linear TV are added to the on-demand lineup
[ABEMA]
copyAbemaTV Inc52
6 Media Business
TVer GYAO
Advertising
Use
r-g
ener
ated
co
nten
tPr
ofes
sion
al-c
reat
ed c
onte
nt
YouTube niconico
Amazonprime video
TELASA(Former videopass)
Paravi
Netflix
DAZN Hulu
dTV
Subscription
Video streaming services map
[ABEMA] Revenue streams are ldquoadvertisingrdquo and ldquosubscriptionrdquo
Video streaming services map Made by CyberAgent based on our research on the business model of each video streaming service (As of March 2020)
U-NEXT
53
6 Media Business
54
80K
ABEMA Exclusive LDH FestivalAvailable since September 28
Special movie co-produced with Toei Video Streaming starts on January 1
Dec 2017
6 Media Business
[ABEMA] 844K subscribers at the end of SeptemberWe are aiming to reach 1 million subscribers by the end of December
Exclusive Content on ABEMA PremiumldquoABEMA Premiumrdquo Subscribers
Sept 2020
844K
copyAbemaTV Inc
FY2016 FY2017 FY2018 FY2019 FY2020 55
138
63
19
211
02
Official Shopping Channel of ABEMA
MonthlySubscription
Related Businesses
Sales of ABEMA amp Related Businesses Advertising sales include consolidated subsidiary AJA Inc since FY2019 copyAbemaTV Inc
6 Media Business
[Sales of ABEMA amp Related Businesses (Full-year)]
Increased by approx 15x YoY driven by the growth of related businesses
Ads
ldquoABEMA PPV ONLINE LIVErdquo
Bet on Cycling Online ldquoWINTICKETrdquo
billion yen
56
6 Media Business
[ABEMA] Streaming a variety of exclusive live shows on ldquoABEMA PPV ONLINE LIVErdquo
July to September Lineup
copyAbemaTV Inc
57
Comment
Tipping
Product Sales
Catch-up Replay
Time-shift Replay
Multi-angle View
Voting
[ABEMA] Pay-Per-View feature offers not only online live entertainment but also various other functions
Ticket Purchase Comment Feature Features Available
Features to be added
copyAbemaTV Inc
6 Media Business
58
Upcoming Live Concerts
FY2020 3Q FY2020 4Q
23
01
6 Media Business
[ABEMA] Sales of PPV service is growing rapidly The upcoming event list is ever-expanding
Sales of PPV
copyAbemaTV Inc
billion yen
FY2019 3Q FY2019 4Q FY2020 1Q FY2020 2Q FY2020 3Q FY2020 4Q
04
17
59
08
35
72
137
17x
6 Media Business
[ABEMA] The transaction amount of ldquoWINTICKETrdquo is burgeoning increased by 17x year over year
Quarterly Transaction Amount Transaction amount of WinTicket Inc that operates internet betting system of Keirin races (includes loyalty point campaign)
billion yen
Quarterly Transaction Amount
60copyAbemaTV
[ABEMA] We continue to actively promote collaborations with partner companies
Business Alliance Partnership
Gonosy
New Billing Service
Shareholding ratio CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30Compatible with TV devices As of the end of April 2020 (adopted models only)
6 Media Business
SMART MOBILE COMMUNICATIONS Co Ltd
Compatible with TV devices
SHARP AQUOS SONY 4K BRAVIA Panasonic VIERA TOSHIBA REGZA
Mitsubishi Electric REAL Hisense
OSAKA GAS COLTD
Subscription
Advertising
RelatedBusiness etc
Accelerate monetization by related business etc
while increasing advertising and subscription revenues
2016
Medium and Long-Term Sales Pipeline
2019
[ABEMA]
61
6 Media Business
FY2021
7 FY2021
62
Game
Ad
Media
Make successful games and enhance the operational capability to run long term games
Aim to increase sales by maximizing advertising effectiveness
Grow ABEMA larger and increase monetization
Grow ABEMA as a medium to long-term pillar
63
7 FY2021
8Dividend and Management Index
Dividend and Management Index
64
FY2016 FY2017 FY2018 FY2019 FY20200
1
2
3
4
5
6
7
8
9
10
11
12
13
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
65CyberAgent Inc vs Nikkei Stock Average (Nikkei 225) Transition of stock price of CyberAgent vs Nikkei stock avarage
Stock Price of CyberAgent vs Nikkei Stock Average Total dividend Amount
[Return to Shareholders]
CyberAgent
Nikkei Stock Average
414040
31
8Dividend and Management Index
We aim to increase stock price over the medium to long-term and pay dividend continually
42billion yen
timesROE DOEDividend Payout Ratio
＝
株主への経営指標は
66
We adopted ldquoDOE 5 or morerdquo as management index to maintain shareholder returns through dividends or share buybacks etc during the investment phase
FY2021 Dividend Payout Ratio 467-583 Total Dividend Amount 46billion yen (Planned)
[Management Index]
DOE Dividend on Equity (ROE x Dividend Payout Ratio)FY2021 Dividend Payout Ratio and Total Dividend Amount Expected Dividend 37yen x Number of outstanding shares excluding treasury shares as of September 2020
8Dividend and Management Index
44
52 50 52 51
FY2016 FY2017 FY2018 FY2019 FY2020
231
1000
830
2452
649
FY2016 FY2017 FY2018 FY2019 FY2020
189
5260
21
78
FY2016 FY2017 FY2018 FY2019 FY2020
51
78 649
Nikkei Average 26
0
1000
2000
3000
4000
5000
6000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
67
Share price [unit yen]
[Acquisition of treasury stock] Purchased and retired treasury stocks 4 times
Changes in stock prices
Feb 2002Acquired treasury stocks
worth 15 billion yen（Jun 2004 119 billion yen
retired）
Nov 2007Acquired treasury stocks
worth 099 billion yen（Sep 2008 099 billion yen
retired）
Oct 2011Acquired treasury stocks
worth 199 billion yen
Feb 2013Acquired treasury stocks
worth 499 billion yen（Feb 2013 43 billion yen
retired）
Apr 2004Collapse of
Internet bubble
Jan 2006Livedoor
shock
Sep 2008Influence of
subprime crisis
May 2012Complete gacha
shock
8Dividend and Management Index
9 Reference
Reference
68
bull Governancebull Quarterly Results (July ndash September 2020)
69
Board of Directors
Four executive directors include a female director
本体役員室
常務執行役員
9 Reference_ Governance
We developed a new structure to strengthen governance and make a clear distinction between management oversight and execution
Corporate Executive Office
Managing Executive Officers Executive Officers
Four outside directors
Eight executive directors who are higher than senior managing executive officers
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
Number of Programs
Linear
700 Series month
5500 Episodes
Approx 1100
26000
On-demand
(Approx 600 original episodes)
Original Programs which ldquoABEMArdquo produces such as dating reality shows variety shows drama and news The Number of programs As of March 2020
Approx
Approx
Approx
Series
Episodes
(Approx 8000 original episodes)
ABEMA is a hybrid of linear TV and videoThe shows broadcast on linear TV are added to the on-demand lineup
[ABEMA]
copyAbemaTV Inc52
6 Media Business
TVer GYAO
Advertising
Use
r-g
ener
ated
co
nten
tPr
ofes
sion
al-c
reat
ed c
onte
nt
YouTube niconico
Amazonprime video
TELASA(Former videopass)
Paravi
Netflix
DAZN Hulu
dTV
Subscription
Video streaming services map
[ABEMA] Revenue streams are ldquoadvertisingrdquo and ldquosubscriptionrdquo
Video streaming services map Made by CyberAgent based on our research on the business model of each video streaming service (As of March 2020)
U-NEXT
53
6 Media Business
54
80K
ABEMA Exclusive LDH FestivalAvailable since September 28
Special movie co-produced with Toei Video Streaming starts on January 1
Dec 2017
6 Media Business
[ABEMA] 844K subscribers at the end of SeptemberWe are aiming to reach 1 million subscribers by the end of December
Exclusive Content on ABEMA PremiumldquoABEMA Premiumrdquo Subscribers
Sept 2020
844K
copyAbemaTV Inc
FY2016 FY2017 FY2018 FY2019 FY2020 55
138
63
19
211
02
Official Shopping Channel of ABEMA
MonthlySubscription
Related Businesses
Sales of ABEMA amp Related Businesses Advertising sales include consolidated subsidiary AJA Inc since FY2019 copyAbemaTV Inc
6 Media Business
[Sales of ABEMA amp Related Businesses (Full-year)]
Increased by approx 15x YoY driven by the growth of related businesses
Ads
ldquoABEMA PPV ONLINE LIVErdquo
Bet on Cycling Online ldquoWINTICKETrdquo
billion yen
56
6 Media Business
[ABEMA] Streaming a variety of exclusive live shows on ldquoABEMA PPV ONLINE LIVErdquo
July to September Lineup
copyAbemaTV Inc
57
Comment
Tipping
Product Sales
Catch-up Replay
Time-shift Replay
Multi-angle View
Voting
[ABEMA] Pay-Per-View feature offers not only online live entertainment but also various other functions
Ticket Purchase Comment Feature Features Available
Features to be added
copyAbemaTV Inc
6 Media Business
58
Upcoming Live Concerts
FY2020 3Q FY2020 4Q
23
01
6 Media Business
[ABEMA] Sales of PPV service is growing rapidly The upcoming event list is ever-expanding
Sales of PPV
copyAbemaTV Inc
billion yen
FY2019 3Q FY2019 4Q FY2020 1Q FY2020 2Q FY2020 3Q FY2020 4Q
04
17
59
08
35
72
137
17x
6 Media Business
[ABEMA] The transaction amount of ldquoWINTICKETrdquo is burgeoning increased by 17x year over year
Quarterly Transaction Amount Transaction amount of WinTicket Inc that operates internet betting system of Keirin races (includes loyalty point campaign)
billion yen
Quarterly Transaction Amount
60copyAbemaTV
[ABEMA] We continue to actively promote collaborations with partner companies
Business Alliance Partnership
Gonosy
New Billing Service
Shareholding ratio CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30Compatible with TV devices As of the end of April 2020 (adopted models only)
6 Media Business
SMART MOBILE COMMUNICATIONS Co Ltd
Compatible with TV devices
SHARP AQUOS SONY 4K BRAVIA Panasonic VIERA TOSHIBA REGZA
Mitsubishi Electric REAL Hisense
OSAKA GAS COLTD
Subscription
Advertising
RelatedBusiness etc
Accelerate monetization by related business etc
while increasing advertising and subscription revenues
2016
Medium and Long-Term Sales Pipeline
2019
[ABEMA]
61
6 Media Business
FY2021
7 FY2021
62
Game
Ad
Media
Make successful games and enhance the operational capability to run long term games
Aim to increase sales by maximizing advertising effectiveness
Grow ABEMA larger and increase monetization
Grow ABEMA as a medium to long-term pillar
63
7 FY2021
8Dividend and Management Index
Dividend and Management Index
64
FY2016 FY2017 FY2018 FY2019 FY20200
1
2
3
4
5
6
7
8
9
10
11
12
13
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
65CyberAgent Inc vs Nikkei Stock Average (Nikkei 225) Transition of stock price of CyberAgent vs Nikkei stock avarage
Stock Price of CyberAgent vs Nikkei Stock Average Total dividend Amount
[Return to Shareholders]
CyberAgent
Nikkei Stock Average
414040
31
8Dividend and Management Index
We aim to increase stock price over the medium to long-term and pay dividend continually
42billion yen
timesROE DOEDividend Payout Ratio
＝
株主への経営指標は
66
We adopted ldquoDOE 5 or morerdquo as management index to maintain shareholder returns through dividends or share buybacks etc during the investment phase
FY2021 Dividend Payout Ratio 467-583 Total Dividend Amount 46billion yen (Planned)
[Management Index]
DOE Dividend on Equity (ROE x Dividend Payout Ratio)FY2021 Dividend Payout Ratio and Total Dividend Amount Expected Dividend 37yen x Number of outstanding shares excluding treasury shares as of September 2020
8Dividend and Management Index
44
52 50 52 51
FY2016 FY2017 FY2018 FY2019 FY2020
231
1000
830
2452
649
FY2016 FY2017 FY2018 FY2019 FY2020
189
5260
21
78
FY2016 FY2017 FY2018 FY2019 FY2020
51
78 649
Nikkei Average 26
0
1000
2000
3000
4000
5000
6000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
67
Share price [unit yen]
[Acquisition of treasury stock] Purchased and retired treasury stocks 4 times
Changes in stock prices
Feb 2002Acquired treasury stocks
worth 15 billion yen（Jun 2004 119 billion yen
retired）
Nov 2007Acquired treasury stocks
worth 099 billion yen（Sep 2008 099 billion yen
retired）
Oct 2011Acquired treasury stocks
worth 199 billion yen
Feb 2013Acquired treasury stocks
worth 499 billion yen（Feb 2013 43 billion yen
retired）
Apr 2004Collapse of
Internet bubble
Jan 2006Livedoor
shock
Sep 2008Influence of
subprime crisis
May 2012Complete gacha
shock
8Dividend and Management Index
9 Reference
Reference
68
bull Governancebull Quarterly Results (July ndash September 2020)
69
Board of Directors
Four executive directors include a female director
本体役員室
常務執行役員
9 Reference_ Governance
We developed a new structure to strengthen governance and make a clear distinction between management oversight and execution
Corporate Executive Office
Managing Executive Officers Executive Officers
Four outside directors
Eight executive directors who are higher than senior managing executive officers
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
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- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
TVer GYAO
Advertising
Use
r-g
ener
ated
co
nten
tPr
ofes
sion
al-c
reat
ed c
onte
nt
YouTube niconico
Amazonprime video
TELASA(Former videopass)
Paravi
Netflix
DAZN Hulu
dTV
Subscription
Video streaming services map
[ABEMA] Revenue streams are ldquoadvertisingrdquo and ldquosubscriptionrdquo
Video streaming services map Made by CyberAgent based on our research on the business model of each video streaming service (As of March 2020)
U-NEXT
53
6 Media Business
54
80K
ABEMA Exclusive LDH FestivalAvailable since September 28
Special movie co-produced with Toei Video Streaming starts on January 1
Dec 2017
6 Media Business
[ABEMA] 844K subscribers at the end of SeptemberWe are aiming to reach 1 million subscribers by the end of December
Exclusive Content on ABEMA PremiumldquoABEMA Premiumrdquo Subscribers
Sept 2020
844K
copyAbemaTV Inc
FY2016 FY2017 FY2018 FY2019 FY2020 55
138
63
19
211
02
Official Shopping Channel of ABEMA
MonthlySubscription
Related Businesses
Sales of ABEMA amp Related Businesses Advertising sales include consolidated subsidiary AJA Inc since FY2019 copyAbemaTV Inc
6 Media Business
[Sales of ABEMA amp Related Businesses (Full-year)]
Increased by approx 15x YoY driven by the growth of related businesses
Ads
ldquoABEMA PPV ONLINE LIVErdquo
Bet on Cycling Online ldquoWINTICKETrdquo
billion yen
56
6 Media Business
[ABEMA] Streaming a variety of exclusive live shows on ldquoABEMA PPV ONLINE LIVErdquo
July to September Lineup
copyAbemaTV Inc
57
Comment
Tipping
Product Sales
Catch-up Replay
Time-shift Replay
Multi-angle View
Voting
[ABEMA] Pay-Per-View feature offers not only online live entertainment but also various other functions
Ticket Purchase Comment Feature Features Available
Features to be added
copyAbemaTV Inc
6 Media Business
58
Upcoming Live Concerts
FY2020 3Q FY2020 4Q
23
01
6 Media Business
[ABEMA] Sales of PPV service is growing rapidly The upcoming event list is ever-expanding
Sales of PPV
copyAbemaTV Inc
billion yen
FY2019 3Q FY2019 4Q FY2020 1Q FY2020 2Q FY2020 3Q FY2020 4Q
04
17
59
08
35
72
137
17x
6 Media Business
[ABEMA] The transaction amount of ldquoWINTICKETrdquo is burgeoning increased by 17x year over year
Quarterly Transaction Amount Transaction amount of WinTicket Inc that operates internet betting system of Keirin races (includes loyalty point campaign)
billion yen
Quarterly Transaction Amount
60copyAbemaTV
[ABEMA] We continue to actively promote collaborations with partner companies
Business Alliance Partnership
Gonosy
New Billing Service
Shareholding ratio CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30Compatible with TV devices As of the end of April 2020 (adopted models only)
6 Media Business
SMART MOBILE COMMUNICATIONS Co Ltd
Compatible with TV devices
SHARP AQUOS SONY 4K BRAVIA Panasonic VIERA TOSHIBA REGZA
Mitsubishi Electric REAL Hisense
OSAKA GAS COLTD
Subscription
Advertising
RelatedBusiness etc
Accelerate monetization by related business etc
while increasing advertising and subscription revenues
2016
Medium and Long-Term Sales Pipeline
2019
[ABEMA]
61
6 Media Business
FY2021
7 FY2021
62
Game
Ad
Media
Make successful games and enhance the operational capability to run long term games
Aim to increase sales by maximizing advertising effectiveness
Grow ABEMA larger and increase monetization
Grow ABEMA as a medium to long-term pillar
63
7 FY2021
8Dividend and Management Index
Dividend and Management Index
64
FY2016 FY2017 FY2018 FY2019 FY20200
1
2
3
4
5
6
7
8
9
10
11
12
13
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
65CyberAgent Inc vs Nikkei Stock Average (Nikkei 225) Transition of stock price of CyberAgent vs Nikkei stock avarage
Stock Price of CyberAgent vs Nikkei Stock Average Total dividend Amount
[Return to Shareholders]
CyberAgent
Nikkei Stock Average
414040
31
8Dividend and Management Index
We aim to increase stock price over the medium to long-term and pay dividend continually
42billion yen
timesROE DOEDividend Payout Ratio
＝
株主への経営指標は
66
We adopted ldquoDOE 5 or morerdquo as management index to maintain shareholder returns through dividends or share buybacks etc during the investment phase
FY2021 Dividend Payout Ratio 467-583 Total Dividend Amount 46billion yen (Planned)
[Management Index]
DOE Dividend on Equity (ROE x Dividend Payout Ratio)FY2021 Dividend Payout Ratio and Total Dividend Amount Expected Dividend 37yen x Number of outstanding shares excluding treasury shares as of September 2020
8Dividend and Management Index
44
52 50 52 51
FY2016 FY2017 FY2018 FY2019 FY2020
231
1000
830
2452
649
FY2016 FY2017 FY2018 FY2019 FY2020
189
5260
21
78
FY2016 FY2017 FY2018 FY2019 FY2020
51
78 649
Nikkei Average 26
0
1000
2000
3000
4000
5000
6000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
67
Share price [unit yen]
[Acquisition of treasury stock] Purchased and retired treasury stocks 4 times
Changes in stock prices
Feb 2002Acquired treasury stocks
worth 15 billion yen（Jun 2004 119 billion yen
retired）
Nov 2007Acquired treasury stocks
worth 099 billion yen（Sep 2008 099 billion yen
retired）
Oct 2011Acquired treasury stocks
worth 199 billion yen
Feb 2013Acquired treasury stocks
worth 499 billion yen（Feb 2013 43 billion yen
retired）
Apr 2004Collapse of
Internet bubble
Jan 2006Livedoor
shock
Sep 2008Influence of
subprime crisis
May 2012Complete gacha
shock
8Dividend and Management Index
9 Reference
Reference
68
bull Governancebull Quarterly Results (July ndash September 2020)
69
Board of Directors
Four executive directors include a female director
本体役員室
常務執行役員
9 Reference_ Governance
We developed a new structure to strengthen governance and make a clear distinction between management oversight and execution
Corporate Executive Office
Managing Executive Officers Executive Officers
Four outside directors
Eight executive directors who are higher than senior managing executive officers
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
54
80K
ABEMA Exclusive LDH FestivalAvailable since September 28
Special movie co-produced with Toei Video Streaming starts on January 1
Dec 2017
6 Media Business
[ABEMA] 844K subscribers at the end of SeptemberWe are aiming to reach 1 million subscribers by the end of December
Exclusive Content on ABEMA PremiumldquoABEMA Premiumrdquo Subscribers
Sept 2020
844K
copyAbemaTV Inc
FY2016 FY2017 FY2018 FY2019 FY2020 55
138
63
19
211
02
Official Shopping Channel of ABEMA
MonthlySubscription
Related Businesses
Sales of ABEMA amp Related Businesses Advertising sales include consolidated subsidiary AJA Inc since FY2019 copyAbemaTV Inc
6 Media Business
[Sales of ABEMA amp Related Businesses (Full-year)]
Increased by approx 15x YoY driven by the growth of related businesses
Ads
ldquoABEMA PPV ONLINE LIVErdquo
Bet on Cycling Online ldquoWINTICKETrdquo
billion yen
56
6 Media Business
[ABEMA] Streaming a variety of exclusive live shows on ldquoABEMA PPV ONLINE LIVErdquo
July to September Lineup
copyAbemaTV Inc
57
Comment
Tipping
Product Sales
Catch-up Replay
Time-shift Replay
Multi-angle View
Voting
[ABEMA] Pay-Per-View feature offers not only online live entertainment but also various other functions
Ticket Purchase Comment Feature Features Available
Features to be added
copyAbemaTV Inc
6 Media Business
58
Upcoming Live Concerts
FY2020 3Q FY2020 4Q
23
01
6 Media Business
[ABEMA] Sales of PPV service is growing rapidly The upcoming event list is ever-expanding
Sales of PPV
copyAbemaTV Inc
billion yen
FY2019 3Q FY2019 4Q FY2020 1Q FY2020 2Q FY2020 3Q FY2020 4Q
04
17
59
08
35
72
137
17x
6 Media Business
[ABEMA] The transaction amount of ldquoWINTICKETrdquo is burgeoning increased by 17x year over year
Quarterly Transaction Amount Transaction amount of WinTicket Inc that operates internet betting system of Keirin races (includes loyalty point campaign)
billion yen
Quarterly Transaction Amount
60copyAbemaTV
[ABEMA] We continue to actively promote collaborations with partner companies
Business Alliance Partnership
Gonosy
New Billing Service
Shareholding ratio CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30Compatible with TV devices As of the end of April 2020 (adopted models only)
6 Media Business
SMART MOBILE COMMUNICATIONS Co Ltd
Compatible with TV devices
SHARP AQUOS SONY 4K BRAVIA Panasonic VIERA TOSHIBA REGZA
Mitsubishi Electric REAL Hisense
OSAKA GAS COLTD
Subscription
Advertising
RelatedBusiness etc
Accelerate monetization by related business etc
while increasing advertising and subscription revenues
2016
Medium and Long-Term Sales Pipeline
2019
[ABEMA]
61
6 Media Business
FY2021
7 FY2021
62
Game
Ad
Media
Make successful games and enhance the operational capability to run long term games
Aim to increase sales by maximizing advertising effectiveness
Grow ABEMA larger and increase monetization
Grow ABEMA as a medium to long-term pillar
63
7 FY2021
8Dividend and Management Index
Dividend and Management Index
64
FY2016 FY2017 FY2018 FY2019 FY20200
1
2
3
4
5
6
7
8
9
10
11
12
13
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
65CyberAgent Inc vs Nikkei Stock Average (Nikkei 225) Transition of stock price of CyberAgent vs Nikkei stock avarage
Stock Price of CyberAgent vs Nikkei Stock Average Total dividend Amount
[Return to Shareholders]
CyberAgent
Nikkei Stock Average
414040
31
8Dividend and Management Index
We aim to increase stock price over the medium to long-term and pay dividend continually
42billion yen
timesROE DOEDividend Payout Ratio
＝
株主への経営指標は
66
We adopted ldquoDOE 5 or morerdquo as management index to maintain shareholder returns through dividends or share buybacks etc during the investment phase
FY2021 Dividend Payout Ratio 467-583 Total Dividend Amount 46billion yen (Planned)
[Management Index]
DOE Dividend on Equity (ROE x Dividend Payout Ratio)FY2021 Dividend Payout Ratio and Total Dividend Amount Expected Dividend 37yen x Number of outstanding shares excluding treasury shares as of September 2020
8Dividend and Management Index
44
52 50 52 51
FY2016 FY2017 FY2018 FY2019 FY2020
231
1000
830
2452
649
FY2016 FY2017 FY2018 FY2019 FY2020
189
5260
21
78
FY2016 FY2017 FY2018 FY2019 FY2020
51
78 649
Nikkei Average 26
0
1000
2000
3000
4000
5000
6000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
67
Share price [unit yen]
[Acquisition of treasury stock] Purchased and retired treasury stocks 4 times
Changes in stock prices
Feb 2002Acquired treasury stocks
worth 15 billion yen（Jun 2004 119 billion yen
retired）
Nov 2007Acquired treasury stocks
worth 099 billion yen（Sep 2008 099 billion yen
retired）
Oct 2011Acquired treasury stocks
worth 199 billion yen
Feb 2013Acquired treasury stocks
worth 499 billion yen（Feb 2013 43 billion yen
retired）
Apr 2004Collapse of
Internet bubble
Jan 2006Livedoor
shock
Sep 2008Influence of
subprime crisis
May 2012Complete gacha
shock
8Dividend and Management Index
9 Reference
Reference
68
bull Governancebull Quarterly Results (July ndash September 2020)
69
Board of Directors
Four executive directors include a female director
本体役員室
常務執行役員
9 Reference_ Governance
We developed a new structure to strengthen governance and make a clear distinction between management oversight and execution
Corporate Executive Office
Managing Executive Officers Executive Officers
Four outside directors
Eight executive directors who are higher than senior managing executive officers
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
FY2016 FY2017 FY2018 FY2019 FY2020 55
138
63
19
211
02
Official Shopping Channel of ABEMA
MonthlySubscription
Related Businesses
Sales of ABEMA amp Related Businesses Advertising sales include consolidated subsidiary AJA Inc since FY2019 copyAbemaTV Inc
6 Media Business
[Sales of ABEMA amp Related Businesses (Full-year)]
Increased by approx 15x YoY driven by the growth of related businesses
Ads
ldquoABEMA PPV ONLINE LIVErdquo
Bet on Cycling Online ldquoWINTICKETrdquo
billion yen
56
6 Media Business
[ABEMA] Streaming a variety of exclusive live shows on ldquoABEMA PPV ONLINE LIVErdquo
July to September Lineup
copyAbemaTV Inc
57
Comment
Tipping
Product Sales
Catch-up Replay
Time-shift Replay
Multi-angle View
Voting
[ABEMA] Pay-Per-View feature offers not only online live entertainment but also various other functions
Ticket Purchase Comment Feature Features Available
Features to be added
copyAbemaTV Inc
6 Media Business
58
Upcoming Live Concerts
FY2020 3Q FY2020 4Q
23
01
6 Media Business
[ABEMA] Sales of PPV service is growing rapidly The upcoming event list is ever-expanding
Sales of PPV
copyAbemaTV Inc
billion yen
FY2019 3Q FY2019 4Q FY2020 1Q FY2020 2Q FY2020 3Q FY2020 4Q
04
17
59
08
35
72
137
17x
6 Media Business
[ABEMA] The transaction amount of ldquoWINTICKETrdquo is burgeoning increased by 17x year over year
Quarterly Transaction Amount Transaction amount of WinTicket Inc that operates internet betting system of Keirin races (includes loyalty point campaign)
billion yen
Quarterly Transaction Amount
60copyAbemaTV
[ABEMA] We continue to actively promote collaborations with partner companies
Business Alliance Partnership
Gonosy
New Billing Service
Shareholding ratio CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30Compatible with TV devices As of the end of April 2020 (adopted models only)
6 Media Business
SMART MOBILE COMMUNICATIONS Co Ltd
Compatible with TV devices
SHARP AQUOS SONY 4K BRAVIA Panasonic VIERA TOSHIBA REGZA
Mitsubishi Electric REAL Hisense
OSAKA GAS COLTD
Subscription
Advertising
RelatedBusiness etc
Accelerate monetization by related business etc
while increasing advertising and subscription revenues
2016
Medium and Long-Term Sales Pipeline
2019
[ABEMA]
61
6 Media Business
FY2021
7 FY2021
62
Game
Ad
Media
Make successful games and enhance the operational capability to run long term games
Aim to increase sales by maximizing advertising effectiveness
Grow ABEMA larger and increase monetization
Grow ABEMA as a medium to long-term pillar
63
7 FY2021
8Dividend and Management Index
Dividend and Management Index
64
FY2016 FY2017 FY2018 FY2019 FY20200
1
2
3
4
5
6
7
8
9
10
11
12
13
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
65CyberAgent Inc vs Nikkei Stock Average (Nikkei 225) Transition of stock price of CyberAgent vs Nikkei stock avarage
Stock Price of CyberAgent vs Nikkei Stock Average Total dividend Amount
[Return to Shareholders]
CyberAgent
Nikkei Stock Average
414040
31
8Dividend and Management Index
We aim to increase stock price over the medium to long-term and pay dividend continually
42billion yen
timesROE DOEDividend Payout Ratio
＝
株主への経営指標は
66
We adopted ldquoDOE 5 or morerdquo as management index to maintain shareholder returns through dividends or share buybacks etc during the investment phase
FY2021 Dividend Payout Ratio 467-583 Total Dividend Amount 46billion yen (Planned)
[Management Index]
DOE Dividend on Equity (ROE x Dividend Payout Ratio)FY2021 Dividend Payout Ratio and Total Dividend Amount Expected Dividend 37yen x Number of outstanding shares excluding treasury shares as of September 2020
8Dividend and Management Index
44
52 50 52 51
FY2016 FY2017 FY2018 FY2019 FY2020
231
1000
830
2452
649
FY2016 FY2017 FY2018 FY2019 FY2020
189
5260
21
78
FY2016 FY2017 FY2018 FY2019 FY2020
51
78 649
Nikkei Average 26
0
1000
2000
3000
4000
5000
6000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
67
Share price [unit yen]
[Acquisition of treasury stock] Purchased and retired treasury stocks 4 times
Changes in stock prices
Feb 2002Acquired treasury stocks
worth 15 billion yen（Jun 2004 119 billion yen
retired）
Nov 2007Acquired treasury stocks
worth 099 billion yen（Sep 2008 099 billion yen
retired）
Oct 2011Acquired treasury stocks
worth 199 billion yen
Feb 2013Acquired treasury stocks
worth 499 billion yen（Feb 2013 43 billion yen
retired）
Apr 2004Collapse of
Internet bubble
Jan 2006Livedoor
shock
Sep 2008Influence of
subprime crisis
May 2012Complete gacha
shock
8Dividend and Management Index
9 Reference
Reference
68
bull Governancebull Quarterly Results (July ndash September 2020)
69
Board of Directors
Four executive directors include a female director
本体役員室
常務執行役員
9 Reference_ Governance
We developed a new structure to strengthen governance and make a clear distinction between management oversight and execution
Corporate Executive Office
Managing Executive Officers Executive Officers
Four outside directors
Eight executive directors who are higher than senior managing executive officers
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
56
6 Media Business
[ABEMA] Streaming a variety of exclusive live shows on ldquoABEMA PPV ONLINE LIVErdquo
July to September Lineup
copyAbemaTV Inc
57
Comment
Tipping
Product Sales
Catch-up Replay
Time-shift Replay
Multi-angle View
Voting
[ABEMA] Pay-Per-View feature offers not only online live entertainment but also various other functions
Ticket Purchase Comment Feature Features Available
Features to be added
copyAbemaTV Inc
6 Media Business
58
Upcoming Live Concerts
FY2020 3Q FY2020 4Q
23
01
6 Media Business
[ABEMA] Sales of PPV service is growing rapidly The upcoming event list is ever-expanding
Sales of PPV
copyAbemaTV Inc
billion yen
FY2019 3Q FY2019 4Q FY2020 1Q FY2020 2Q FY2020 3Q FY2020 4Q
04
17
59
08
35
72
137
17x
6 Media Business
[ABEMA] The transaction amount of ldquoWINTICKETrdquo is burgeoning increased by 17x year over year
Quarterly Transaction Amount Transaction amount of WinTicket Inc that operates internet betting system of Keirin races (includes loyalty point campaign)
billion yen
Quarterly Transaction Amount
60copyAbemaTV
[ABEMA] We continue to actively promote collaborations with partner companies
Business Alliance Partnership
Gonosy
New Billing Service
Shareholding ratio CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30Compatible with TV devices As of the end of April 2020 (adopted models only)
6 Media Business
SMART MOBILE COMMUNICATIONS Co Ltd
Compatible with TV devices
SHARP AQUOS SONY 4K BRAVIA Panasonic VIERA TOSHIBA REGZA
Mitsubishi Electric REAL Hisense
OSAKA GAS COLTD
Subscription
Advertising
RelatedBusiness etc
Accelerate monetization by related business etc
while increasing advertising and subscription revenues
2016
Medium and Long-Term Sales Pipeline
2019
[ABEMA]
61
6 Media Business
FY2021
7 FY2021
62
Game
Ad
Media
Make successful games and enhance the operational capability to run long term games
Aim to increase sales by maximizing advertising effectiveness
Grow ABEMA larger and increase monetization
Grow ABEMA as a medium to long-term pillar
63
7 FY2021
8Dividend and Management Index
Dividend and Management Index
64
FY2016 FY2017 FY2018 FY2019 FY20200
1
2
3
4
5
6
7
8
9
10
11
12
13
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
65CyberAgent Inc vs Nikkei Stock Average (Nikkei 225) Transition of stock price of CyberAgent vs Nikkei stock avarage
Stock Price of CyberAgent vs Nikkei Stock Average Total dividend Amount
[Return to Shareholders]
CyberAgent
Nikkei Stock Average
414040
31
8Dividend and Management Index
We aim to increase stock price over the medium to long-term and pay dividend continually
42billion yen
timesROE DOEDividend Payout Ratio
＝
株主への経営指標は
66
We adopted ldquoDOE 5 or morerdquo as management index to maintain shareholder returns through dividends or share buybacks etc during the investment phase
FY2021 Dividend Payout Ratio 467-583 Total Dividend Amount 46billion yen (Planned)
[Management Index]
DOE Dividend on Equity (ROE x Dividend Payout Ratio)FY2021 Dividend Payout Ratio and Total Dividend Amount Expected Dividend 37yen x Number of outstanding shares excluding treasury shares as of September 2020
8Dividend and Management Index
44
52 50 52 51
FY2016 FY2017 FY2018 FY2019 FY2020
231
1000
830
2452
649
FY2016 FY2017 FY2018 FY2019 FY2020
189
5260
21
78
FY2016 FY2017 FY2018 FY2019 FY2020
51
78 649
Nikkei Average 26
0
1000
2000
3000
4000
5000
6000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
67
Share price [unit yen]
[Acquisition of treasury stock] Purchased and retired treasury stocks 4 times
Changes in stock prices
Feb 2002Acquired treasury stocks
worth 15 billion yen（Jun 2004 119 billion yen
retired）
Nov 2007Acquired treasury stocks
worth 099 billion yen（Sep 2008 099 billion yen
retired）
Oct 2011Acquired treasury stocks
worth 199 billion yen
Feb 2013Acquired treasury stocks
worth 499 billion yen（Feb 2013 43 billion yen
retired）
Apr 2004Collapse of
Internet bubble
Jan 2006Livedoor
shock
Sep 2008Influence of
subprime crisis
May 2012Complete gacha
shock
8Dividend and Management Index
9 Reference
Reference
68
bull Governancebull Quarterly Results (July ndash September 2020)
69
Board of Directors
Four executive directors include a female director
本体役員室
常務執行役員
9 Reference_ Governance
We developed a new structure to strengthen governance and make a clear distinction between management oversight and execution
Corporate Executive Office
Managing Executive Officers Executive Officers
Four outside directors
Eight executive directors who are higher than senior managing executive officers
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
57
Comment
Tipping
Product Sales
Catch-up Replay
Time-shift Replay
Multi-angle View
Voting
[ABEMA] Pay-Per-View feature offers not only online live entertainment but also various other functions
Ticket Purchase Comment Feature Features Available
Features to be added
copyAbemaTV Inc
6 Media Business
58
Upcoming Live Concerts
FY2020 3Q FY2020 4Q
23
01
6 Media Business
[ABEMA] Sales of PPV service is growing rapidly The upcoming event list is ever-expanding
Sales of PPV
copyAbemaTV Inc
billion yen
FY2019 3Q FY2019 4Q FY2020 1Q FY2020 2Q FY2020 3Q FY2020 4Q
04
17
59
08
35
72
137
17x
6 Media Business
[ABEMA] The transaction amount of ldquoWINTICKETrdquo is burgeoning increased by 17x year over year
Quarterly Transaction Amount Transaction amount of WinTicket Inc that operates internet betting system of Keirin races (includes loyalty point campaign)
billion yen
Quarterly Transaction Amount
60copyAbemaTV
[ABEMA] We continue to actively promote collaborations with partner companies
Business Alliance Partnership
Gonosy
New Billing Service
Shareholding ratio CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30Compatible with TV devices As of the end of April 2020 (adopted models only)
6 Media Business
SMART MOBILE COMMUNICATIONS Co Ltd
Compatible with TV devices
SHARP AQUOS SONY 4K BRAVIA Panasonic VIERA TOSHIBA REGZA
Mitsubishi Electric REAL Hisense
OSAKA GAS COLTD
Subscription
Advertising
RelatedBusiness etc
Accelerate monetization by related business etc
while increasing advertising and subscription revenues
2016
Medium and Long-Term Sales Pipeline
2019
[ABEMA]
61
6 Media Business
FY2021
7 FY2021
62
Game
Ad
Media
Make successful games and enhance the operational capability to run long term games
Aim to increase sales by maximizing advertising effectiveness
Grow ABEMA larger and increase monetization
Grow ABEMA as a medium to long-term pillar
63
7 FY2021
8Dividend and Management Index
Dividend and Management Index
64
FY2016 FY2017 FY2018 FY2019 FY20200
1
2
3
4
5
6
7
8
9
10
11
12
13
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
65CyberAgent Inc vs Nikkei Stock Average (Nikkei 225) Transition of stock price of CyberAgent vs Nikkei stock avarage
Stock Price of CyberAgent vs Nikkei Stock Average Total dividend Amount
[Return to Shareholders]
CyberAgent
Nikkei Stock Average
414040
31
8Dividend and Management Index
We aim to increase stock price over the medium to long-term and pay dividend continually
42billion yen
timesROE DOEDividend Payout Ratio
＝
株主への経営指標は
66
We adopted ldquoDOE 5 or morerdquo as management index to maintain shareholder returns through dividends or share buybacks etc during the investment phase
FY2021 Dividend Payout Ratio 467-583 Total Dividend Amount 46billion yen (Planned)
[Management Index]
DOE Dividend on Equity (ROE x Dividend Payout Ratio)FY2021 Dividend Payout Ratio and Total Dividend Amount Expected Dividend 37yen x Number of outstanding shares excluding treasury shares as of September 2020
8Dividend and Management Index
44
52 50 52 51
FY2016 FY2017 FY2018 FY2019 FY2020
231
1000
830
2452
649
FY2016 FY2017 FY2018 FY2019 FY2020
189
5260
21
78
FY2016 FY2017 FY2018 FY2019 FY2020
51
78 649
Nikkei Average 26
0
1000
2000
3000
4000
5000
6000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
67
Share price [unit yen]
[Acquisition of treasury stock] Purchased and retired treasury stocks 4 times
Changes in stock prices
Feb 2002Acquired treasury stocks
worth 15 billion yen（Jun 2004 119 billion yen
retired）
Nov 2007Acquired treasury stocks
worth 099 billion yen（Sep 2008 099 billion yen
retired）
Oct 2011Acquired treasury stocks
worth 199 billion yen
Feb 2013Acquired treasury stocks
worth 499 billion yen（Feb 2013 43 billion yen
retired）
Apr 2004Collapse of
Internet bubble
Jan 2006Livedoor
shock
Sep 2008Influence of
subprime crisis
May 2012Complete gacha
shock
8Dividend and Management Index
9 Reference
Reference
68
bull Governancebull Quarterly Results (July ndash September 2020)
69
Board of Directors
Four executive directors include a female director
本体役員室
常務執行役員
9 Reference_ Governance
We developed a new structure to strengthen governance and make a clear distinction between management oversight and execution
Corporate Executive Office
Managing Executive Officers Executive Officers
Four outside directors
Eight executive directors who are higher than senior managing executive officers
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
58
Upcoming Live Concerts
FY2020 3Q FY2020 4Q
23
01
6 Media Business
[ABEMA] Sales of PPV service is growing rapidly The upcoming event list is ever-expanding
Sales of PPV
copyAbemaTV Inc
billion yen
FY2019 3Q FY2019 4Q FY2020 1Q FY2020 2Q FY2020 3Q FY2020 4Q
04
17
59
08
35
72
137
17x
6 Media Business
[ABEMA] The transaction amount of ldquoWINTICKETrdquo is burgeoning increased by 17x year over year
Quarterly Transaction Amount Transaction amount of WinTicket Inc that operates internet betting system of Keirin races (includes loyalty point campaign)
billion yen
Quarterly Transaction Amount
60copyAbemaTV
[ABEMA] We continue to actively promote collaborations with partner companies
Business Alliance Partnership
Gonosy
New Billing Service
Shareholding ratio CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30Compatible with TV devices As of the end of April 2020 (adopted models only)
6 Media Business
SMART MOBILE COMMUNICATIONS Co Ltd
Compatible with TV devices
SHARP AQUOS SONY 4K BRAVIA Panasonic VIERA TOSHIBA REGZA
Mitsubishi Electric REAL Hisense
OSAKA GAS COLTD
Subscription
Advertising
RelatedBusiness etc
Accelerate monetization by related business etc
while increasing advertising and subscription revenues
2016
Medium and Long-Term Sales Pipeline
2019
[ABEMA]
61
6 Media Business
FY2021
7 FY2021
62
Game
Ad
Media
Make successful games and enhance the operational capability to run long term games
Aim to increase sales by maximizing advertising effectiveness
Grow ABEMA larger and increase monetization
Grow ABEMA as a medium to long-term pillar
63
7 FY2021
8Dividend and Management Index
Dividend and Management Index
64
FY2016 FY2017 FY2018 FY2019 FY20200
1
2
3
4
5
6
7
8
9
10
11
12
13
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
65CyberAgent Inc vs Nikkei Stock Average (Nikkei 225) Transition of stock price of CyberAgent vs Nikkei stock avarage
Stock Price of CyberAgent vs Nikkei Stock Average Total dividend Amount
[Return to Shareholders]
CyberAgent
Nikkei Stock Average
414040
31
8Dividend and Management Index
We aim to increase stock price over the medium to long-term and pay dividend continually
42billion yen
timesROE DOEDividend Payout Ratio
＝
株主への経営指標は
66
We adopted ldquoDOE 5 or morerdquo as management index to maintain shareholder returns through dividends or share buybacks etc during the investment phase
FY2021 Dividend Payout Ratio 467-583 Total Dividend Amount 46billion yen (Planned)
[Management Index]
DOE Dividend on Equity (ROE x Dividend Payout Ratio)FY2021 Dividend Payout Ratio and Total Dividend Amount Expected Dividend 37yen x Number of outstanding shares excluding treasury shares as of September 2020
8Dividend and Management Index
44
52 50 52 51
FY2016 FY2017 FY2018 FY2019 FY2020
231
1000
830
2452
649
FY2016 FY2017 FY2018 FY2019 FY2020
189
5260
21
78
FY2016 FY2017 FY2018 FY2019 FY2020
51
78 649
Nikkei Average 26
0
1000
2000
3000
4000
5000
6000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
67
Share price [unit yen]
[Acquisition of treasury stock] Purchased and retired treasury stocks 4 times
Changes in stock prices
Feb 2002Acquired treasury stocks
worth 15 billion yen（Jun 2004 119 billion yen
retired）
Nov 2007Acquired treasury stocks
worth 099 billion yen（Sep 2008 099 billion yen
retired）
Oct 2011Acquired treasury stocks
worth 199 billion yen
Feb 2013Acquired treasury stocks
worth 499 billion yen（Feb 2013 43 billion yen
retired）
Apr 2004Collapse of
Internet bubble
Jan 2006Livedoor
shock
Sep 2008Influence of
subprime crisis
May 2012Complete gacha
shock
8Dividend and Management Index
9 Reference
Reference
68
bull Governancebull Quarterly Results (July ndash September 2020)
69
Board of Directors
Four executive directors include a female director
本体役員室
常務執行役員
9 Reference_ Governance
We developed a new structure to strengthen governance and make a clear distinction between management oversight and execution
Corporate Executive Office
Managing Executive Officers Executive Officers
Four outside directors
Eight executive directors who are higher than senior managing executive officers
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
FY2019 3Q FY2019 4Q FY2020 1Q FY2020 2Q FY2020 3Q FY2020 4Q
04
17
59
08
35
72
137
17x
6 Media Business
[ABEMA] The transaction amount of ldquoWINTICKETrdquo is burgeoning increased by 17x year over year
Quarterly Transaction Amount Transaction amount of WinTicket Inc that operates internet betting system of Keirin races (includes loyalty point campaign)
billion yen
Quarterly Transaction Amount
60copyAbemaTV
[ABEMA] We continue to actively promote collaborations with partner companies
Business Alliance Partnership
Gonosy
New Billing Service
Shareholding ratio CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30Compatible with TV devices As of the end of April 2020 (adopted models only)
6 Media Business
SMART MOBILE COMMUNICATIONS Co Ltd
Compatible with TV devices
SHARP AQUOS SONY 4K BRAVIA Panasonic VIERA TOSHIBA REGZA
Mitsubishi Electric REAL Hisense
OSAKA GAS COLTD
Subscription
Advertising
RelatedBusiness etc
Accelerate monetization by related business etc
while increasing advertising and subscription revenues
2016
Medium and Long-Term Sales Pipeline
2019
[ABEMA]
61
6 Media Business
FY2021
7 FY2021
62
Game
Ad
Media
Make successful games and enhance the operational capability to run long term games
Aim to increase sales by maximizing advertising effectiveness
Grow ABEMA larger and increase monetization
Grow ABEMA as a medium to long-term pillar
63
7 FY2021
8Dividend and Management Index
Dividend and Management Index
64
FY2016 FY2017 FY2018 FY2019 FY20200
1
2
3
4
5
6
7
8
9
10
11
12
13
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
65CyberAgent Inc vs Nikkei Stock Average (Nikkei 225) Transition of stock price of CyberAgent vs Nikkei stock avarage
Stock Price of CyberAgent vs Nikkei Stock Average Total dividend Amount
[Return to Shareholders]
CyberAgent
Nikkei Stock Average
414040
31
8Dividend and Management Index
We aim to increase stock price over the medium to long-term and pay dividend continually
42billion yen
timesROE DOEDividend Payout Ratio
＝
株主への経営指標は
66
We adopted ldquoDOE 5 or morerdquo as management index to maintain shareholder returns through dividends or share buybacks etc during the investment phase
FY2021 Dividend Payout Ratio 467-583 Total Dividend Amount 46billion yen (Planned)
[Management Index]
DOE Dividend on Equity (ROE x Dividend Payout Ratio)FY2021 Dividend Payout Ratio and Total Dividend Amount Expected Dividend 37yen x Number of outstanding shares excluding treasury shares as of September 2020
8Dividend and Management Index
44
52 50 52 51
FY2016 FY2017 FY2018 FY2019 FY2020
231
1000
830
2452
649
FY2016 FY2017 FY2018 FY2019 FY2020
189
5260
21
78
FY2016 FY2017 FY2018 FY2019 FY2020
51
78 649
Nikkei Average 26
0
1000
2000
3000
4000
5000
6000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
67
Share price [unit yen]
[Acquisition of treasury stock] Purchased and retired treasury stocks 4 times
Changes in stock prices
Feb 2002Acquired treasury stocks
worth 15 billion yen（Jun 2004 119 billion yen
retired）
Nov 2007Acquired treasury stocks
worth 099 billion yen（Sep 2008 099 billion yen
retired）
Oct 2011Acquired treasury stocks
worth 199 billion yen
Feb 2013Acquired treasury stocks
worth 499 billion yen（Feb 2013 43 billion yen
retired）
Apr 2004Collapse of
Internet bubble
Jan 2006Livedoor
shock
Sep 2008Influence of
subprime crisis
May 2012Complete gacha
shock
8Dividend and Management Index
9 Reference
Reference
68
bull Governancebull Quarterly Results (July ndash September 2020)
69
Board of Directors
Four executive directors include a female director
本体役員室
常務執行役員
9 Reference_ Governance
We developed a new structure to strengthen governance and make a clear distinction between management oversight and execution
Corporate Executive Office
Managing Executive Officers Executive Officers
Four outside directors
Eight executive directors who are higher than senior managing executive officers
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
60copyAbemaTV
[ABEMA] We continue to actively promote collaborations with partner companies
Business Alliance Partnership
Gonosy
New Billing Service
Shareholding ratio CyberAgent Inc 552 TV Asahi Corporation 368 Dentsu Inc 50 Hakuhodo DY Media Partners Inc 30Compatible with TV devices As of the end of April 2020 (adopted models only)
6 Media Business
SMART MOBILE COMMUNICATIONS Co Ltd
Compatible with TV devices
SHARP AQUOS SONY 4K BRAVIA Panasonic VIERA TOSHIBA REGZA
Mitsubishi Electric REAL Hisense
OSAKA GAS COLTD
Subscription
Advertising
RelatedBusiness etc
Accelerate monetization by related business etc
while increasing advertising and subscription revenues
2016
Medium and Long-Term Sales Pipeline
2019
[ABEMA]
61
6 Media Business
FY2021
7 FY2021
62
Game
Ad
Media
Make successful games and enhance the operational capability to run long term games
Aim to increase sales by maximizing advertising effectiveness
Grow ABEMA larger and increase monetization
Grow ABEMA as a medium to long-term pillar
63
7 FY2021
8Dividend and Management Index
Dividend and Management Index
64
FY2016 FY2017 FY2018 FY2019 FY20200
1
2
3
4
5
6
7
8
9
10
11
12
13
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
65CyberAgent Inc vs Nikkei Stock Average (Nikkei 225) Transition of stock price of CyberAgent vs Nikkei stock avarage
Stock Price of CyberAgent vs Nikkei Stock Average Total dividend Amount
[Return to Shareholders]
CyberAgent
Nikkei Stock Average
414040
31
8Dividend and Management Index
We aim to increase stock price over the medium to long-term and pay dividend continually
42billion yen
timesROE DOEDividend Payout Ratio
＝
株主への経営指標は
66
We adopted ldquoDOE 5 or morerdquo as management index to maintain shareholder returns through dividends or share buybacks etc during the investment phase
FY2021 Dividend Payout Ratio 467-583 Total Dividend Amount 46billion yen (Planned)
[Management Index]
DOE Dividend on Equity (ROE x Dividend Payout Ratio)FY2021 Dividend Payout Ratio and Total Dividend Amount Expected Dividend 37yen x Number of outstanding shares excluding treasury shares as of September 2020
8Dividend and Management Index
44
52 50 52 51
FY2016 FY2017 FY2018 FY2019 FY2020
231
1000
830
2452
649
FY2016 FY2017 FY2018 FY2019 FY2020
189
5260
21
78
FY2016 FY2017 FY2018 FY2019 FY2020
51
78 649
Nikkei Average 26
0
1000
2000
3000
4000
5000
6000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
67
Share price [unit yen]
[Acquisition of treasury stock] Purchased and retired treasury stocks 4 times
Changes in stock prices
Feb 2002Acquired treasury stocks
worth 15 billion yen（Jun 2004 119 billion yen
retired）
Nov 2007Acquired treasury stocks
worth 099 billion yen（Sep 2008 099 billion yen
retired）
Oct 2011Acquired treasury stocks
worth 199 billion yen
Feb 2013Acquired treasury stocks
worth 499 billion yen（Feb 2013 43 billion yen
retired）
Apr 2004Collapse of
Internet bubble
Jan 2006Livedoor
shock
Sep 2008Influence of
subprime crisis
May 2012Complete gacha
shock
8Dividend and Management Index
9 Reference
Reference
68
bull Governancebull Quarterly Results (July ndash September 2020)
69
Board of Directors
Four executive directors include a female director
本体役員室
常務執行役員
9 Reference_ Governance
We developed a new structure to strengthen governance and make a clear distinction between management oversight and execution
Corporate Executive Office
Managing Executive Officers Executive Officers
Four outside directors
Eight executive directors who are higher than senior managing executive officers
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
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- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
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- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
Subscription
Advertising
RelatedBusiness etc
Accelerate monetization by related business etc
while increasing advertising and subscription revenues
2016
Medium and Long-Term Sales Pipeline
2019
[ABEMA]
61
6 Media Business
FY2021
7 FY2021
62
Game
Ad
Media
Make successful games and enhance the operational capability to run long term games
Aim to increase sales by maximizing advertising effectiveness
Grow ABEMA larger and increase monetization
Grow ABEMA as a medium to long-term pillar
63
7 FY2021
8Dividend and Management Index
Dividend and Management Index
64
FY2016 FY2017 FY2018 FY2019 FY20200
1
2
3
4
5
6
7
8
9
10
11
12
13
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
65CyberAgent Inc vs Nikkei Stock Average (Nikkei 225) Transition of stock price of CyberAgent vs Nikkei stock avarage
Stock Price of CyberAgent vs Nikkei Stock Average Total dividend Amount
[Return to Shareholders]
CyberAgent
Nikkei Stock Average
414040
31
8Dividend and Management Index
We aim to increase stock price over the medium to long-term and pay dividend continually
42billion yen
timesROE DOEDividend Payout Ratio
＝
株主への経営指標は
66
We adopted ldquoDOE 5 or morerdquo as management index to maintain shareholder returns through dividends or share buybacks etc during the investment phase
FY2021 Dividend Payout Ratio 467-583 Total Dividend Amount 46billion yen (Planned)
[Management Index]
DOE Dividend on Equity (ROE x Dividend Payout Ratio)FY2021 Dividend Payout Ratio and Total Dividend Amount Expected Dividend 37yen x Number of outstanding shares excluding treasury shares as of September 2020
8Dividend and Management Index
44
52 50 52 51
FY2016 FY2017 FY2018 FY2019 FY2020
231
1000
830
2452
649
FY2016 FY2017 FY2018 FY2019 FY2020
189
5260
21
78
FY2016 FY2017 FY2018 FY2019 FY2020
51
78 649
Nikkei Average 26
0
1000
2000
3000
4000
5000
6000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
67
Share price [unit yen]
[Acquisition of treasury stock] Purchased and retired treasury stocks 4 times
Changes in stock prices
Feb 2002Acquired treasury stocks
worth 15 billion yen（Jun 2004 119 billion yen
retired）
Nov 2007Acquired treasury stocks
worth 099 billion yen（Sep 2008 099 billion yen
retired）
Oct 2011Acquired treasury stocks
worth 199 billion yen
Feb 2013Acquired treasury stocks
worth 499 billion yen（Feb 2013 43 billion yen
retired）
Apr 2004Collapse of
Internet bubble
Jan 2006Livedoor
shock
Sep 2008Influence of
subprime crisis
May 2012Complete gacha
shock
8Dividend and Management Index
9 Reference
Reference
68
bull Governancebull Quarterly Results (July ndash September 2020)
69
Board of Directors
Four executive directors include a female director
本体役員室
常務執行役員
9 Reference_ Governance
We developed a new structure to strengthen governance and make a clear distinction between management oversight and execution
Corporate Executive Office
Managing Executive Officers Executive Officers
Four outside directors
Eight executive directors who are higher than senior managing executive officers
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
FY2021
7 FY2021
62
Game
Ad
Media
Make successful games and enhance the operational capability to run long term games
Aim to increase sales by maximizing advertising effectiveness
Grow ABEMA larger and increase monetization
Grow ABEMA as a medium to long-term pillar
63
7 FY2021
8Dividend and Management Index
Dividend and Management Index
64
FY2016 FY2017 FY2018 FY2019 FY20200
1
2
3
4
5
6
7
8
9
10
11
12
13
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
65CyberAgent Inc vs Nikkei Stock Average (Nikkei 225) Transition of stock price of CyberAgent vs Nikkei stock avarage
Stock Price of CyberAgent vs Nikkei Stock Average Total dividend Amount
[Return to Shareholders]
CyberAgent
Nikkei Stock Average
414040
31
8Dividend and Management Index
We aim to increase stock price over the medium to long-term and pay dividend continually
42billion yen
timesROE DOEDividend Payout Ratio
＝
株主への経営指標は
66
We adopted ldquoDOE 5 or morerdquo as management index to maintain shareholder returns through dividends or share buybacks etc during the investment phase
FY2021 Dividend Payout Ratio 467-583 Total Dividend Amount 46billion yen (Planned)
[Management Index]
DOE Dividend on Equity (ROE x Dividend Payout Ratio)FY2021 Dividend Payout Ratio and Total Dividend Amount Expected Dividend 37yen x Number of outstanding shares excluding treasury shares as of September 2020
8Dividend and Management Index
44
52 50 52 51
FY2016 FY2017 FY2018 FY2019 FY2020
231
1000
830
2452
649
FY2016 FY2017 FY2018 FY2019 FY2020
189
5260
21
78
FY2016 FY2017 FY2018 FY2019 FY2020
51
78 649
Nikkei Average 26
0
1000
2000
3000
4000
5000
6000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
67
Share price [unit yen]
[Acquisition of treasury stock] Purchased and retired treasury stocks 4 times
Changes in stock prices
Feb 2002Acquired treasury stocks
worth 15 billion yen（Jun 2004 119 billion yen
retired）
Nov 2007Acquired treasury stocks
worth 099 billion yen（Sep 2008 099 billion yen
retired）
Oct 2011Acquired treasury stocks
worth 199 billion yen
Feb 2013Acquired treasury stocks
worth 499 billion yen（Feb 2013 43 billion yen
retired）
Apr 2004Collapse of
Internet bubble
Jan 2006Livedoor
shock
Sep 2008Influence of
subprime crisis
May 2012Complete gacha
shock
8Dividend and Management Index
9 Reference
Reference
68
bull Governancebull Quarterly Results (July ndash September 2020)
69
Board of Directors
Four executive directors include a female director
本体役員室
常務執行役員
9 Reference_ Governance
We developed a new structure to strengthen governance and make a clear distinction between management oversight and execution
Corporate Executive Office
Managing Executive Officers Executive Officers
Four outside directors
Eight executive directors who are higher than senior managing executive officers
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
Game
Ad
Media
Make successful games and enhance the operational capability to run long term games
Aim to increase sales by maximizing advertising effectiveness
Grow ABEMA larger and increase monetization
Grow ABEMA as a medium to long-term pillar
63
7 FY2021
8Dividend and Management Index
Dividend and Management Index
64
FY2016 FY2017 FY2018 FY2019 FY20200
1
2
3
4
5
6
7
8
9
10
11
12
13
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
65CyberAgent Inc vs Nikkei Stock Average (Nikkei 225) Transition of stock price of CyberAgent vs Nikkei stock avarage
Stock Price of CyberAgent vs Nikkei Stock Average Total dividend Amount
[Return to Shareholders]
CyberAgent
Nikkei Stock Average
414040
31
8Dividend and Management Index
We aim to increase stock price over the medium to long-term and pay dividend continually
42billion yen
timesROE DOEDividend Payout Ratio
＝
株主への経営指標は
66
We adopted ldquoDOE 5 or morerdquo as management index to maintain shareholder returns through dividends or share buybacks etc during the investment phase
FY2021 Dividend Payout Ratio 467-583 Total Dividend Amount 46billion yen (Planned)
[Management Index]
DOE Dividend on Equity (ROE x Dividend Payout Ratio)FY2021 Dividend Payout Ratio and Total Dividend Amount Expected Dividend 37yen x Number of outstanding shares excluding treasury shares as of September 2020
8Dividend and Management Index
44
52 50 52 51
FY2016 FY2017 FY2018 FY2019 FY2020
231
1000
830
2452
649
FY2016 FY2017 FY2018 FY2019 FY2020
189
5260
21
78
FY2016 FY2017 FY2018 FY2019 FY2020
51
78 649
Nikkei Average 26
0
1000
2000
3000
4000
5000
6000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
67
Share price [unit yen]
[Acquisition of treasury stock] Purchased and retired treasury stocks 4 times
Changes in stock prices
Feb 2002Acquired treasury stocks
worth 15 billion yen（Jun 2004 119 billion yen
retired）
Nov 2007Acquired treasury stocks
worth 099 billion yen（Sep 2008 099 billion yen
retired）
Oct 2011Acquired treasury stocks
worth 199 billion yen
Feb 2013Acquired treasury stocks
worth 499 billion yen（Feb 2013 43 billion yen
retired）
Apr 2004Collapse of
Internet bubble
Jan 2006Livedoor
shock
Sep 2008Influence of
subprime crisis
May 2012Complete gacha
shock
8Dividend and Management Index
9 Reference
Reference
68
bull Governancebull Quarterly Results (July ndash September 2020)
69
Board of Directors
Four executive directors include a female director
本体役員室
常務執行役員
9 Reference_ Governance
We developed a new structure to strengthen governance and make a clear distinction between management oversight and execution
Corporate Executive Office
Managing Executive Officers Executive Officers
Four outside directors
Eight executive directors who are higher than senior managing executive officers
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
8Dividend and Management Index
Dividend and Management Index
64
FY2016 FY2017 FY2018 FY2019 FY20200
1
2
3
4
5
6
7
8
9
10
11
12
13
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
65CyberAgent Inc vs Nikkei Stock Average (Nikkei 225) Transition of stock price of CyberAgent vs Nikkei stock avarage
Stock Price of CyberAgent vs Nikkei Stock Average Total dividend Amount
[Return to Shareholders]
CyberAgent
Nikkei Stock Average
414040
31
8Dividend and Management Index
We aim to increase stock price over the medium to long-term and pay dividend continually
42billion yen
timesROE DOEDividend Payout Ratio
＝
株主への経営指標は
66
We adopted ldquoDOE 5 or morerdquo as management index to maintain shareholder returns through dividends or share buybacks etc during the investment phase
FY2021 Dividend Payout Ratio 467-583 Total Dividend Amount 46billion yen (Planned)
[Management Index]
DOE Dividend on Equity (ROE x Dividend Payout Ratio)FY2021 Dividend Payout Ratio and Total Dividend Amount Expected Dividend 37yen x Number of outstanding shares excluding treasury shares as of September 2020
8Dividend and Management Index
44
52 50 52 51
FY2016 FY2017 FY2018 FY2019 FY2020
231
1000
830
2452
649
FY2016 FY2017 FY2018 FY2019 FY2020
189
5260
21
78
FY2016 FY2017 FY2018 FY2019 FY2020
51
78 649
Nikkei Average 26
0
1000
2000
3000
4000
5000
6000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
67
Share price [unit yen]
[Acquisition of treasury stock] Purchased and retired treasury stocks 4 times
Changes in stock prices
Feb 2002Acquired treasury stocks
worth 15 billion yen（Jun 2004 119 billion yen
retired）
Nov 2007Acquired treasury stocks
worth 099 billion yen（Sep 2008 099 billion yen
retired）
Oct 2011Acquired treasury stocks
worth 199 billion yen
Feb 2013Acquired treasury stocks
worth 499 billion yen（Feb 2013 43 billion yen
retired）
Apr 2004Collapse of
Internet bubble
Jan 2006Livedoor
shock
Sep 2008Influence of
subprime crisis
May 2012Complete gacha
shock
8Dividend and Management Index
9 Reference
Reference
68
bull Governancebull Quarterly Results (July ndash September 2020)
69
Board of Directors
Four executive directors include a female director
本体役員室
常務執行役員
9 Reference_ Governance
We developed a new structure to strengthen governance and make a clear distinction between management oversight and execution
Corporate Executive Office
Managing Executive Officers Executive Officers
Four outside directors
Eight executive directors who are higher than senior managing executive officers
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
FY2016 FY2017 FY2018 FY2019 FY20200
1
2
3
4
5
6
7
8
9
10
11
12
13
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
65CyberAgent Inc vs Nikkei Stock Average (Nikkei 225) Transition of stock price of CyberAgent vs Nikkei stock avarage
Stock Price of CyberAgent vs Nikkei Stock Average Total dividend Amount
[Return to Shareholders]
CyberAgent
Nikkei Stock Average
414040
31
8Dividend and Management Index
We aim to increase stock price over the medium to long-term and pay dividend continually
42billion yen
timesROE DOEDividend Payout Ratio
＝
株主への経営指標は
66
We adopted ldquoDOE 5 or morerdquo as management index to maintain shareholder returns through dividends or share buybacks etc during the investment phase
FY2021 Dividend Payout Ratio 467-583 Total Dividend Amount 46billion yen (Planned)
[Management Index]
DOE Dividend on Equity (ROE x Dividend Payout Ratio)FY2021 Dividend Payout Ratio and Total Dividend Amount Expected Dividend 37yen x Number of outstanding shares excluding treasury shares as of September 2020
8Dividend and Management Index
44
52 50 52 51
FY2016 FY2017 FY2018 FY2019 FY2020
231
1000
830
2452
649
FY2016 FY2017 FY2018 FY2019 FY2020
189
5260
21
78
FY2016 FY2017 FY2018 FY2019 FY2020
51
78 649
Nikkei Average 26
0
1000
2000
3000
4000
5000
6000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
67
Share price [unit yen]
[Acquisition of treasury stock] Purchased and retired treasury stocks 4 times
Changes in stock prices
Feb 2002Acquired treasury stocks
worth 15 billion yen（Jun 2004 119 billion yen
retired）
Nov 2007Acquired treasury stocks
worth 099 billion yen（Sep 2008 099 billion yen
retired）
Oct 2011Acquired treasury stocks
worth 199 billion yen
Feb 2013Acquired treasury stocks
worth 499 billion yen（Feb 2013 43 billion yen
retired）
Apr 2004Collapse of
Internet bubble
Jan 2006Livedoor
shock
Sep 2008Influence of
subprime crisis
May 2012Complete gacha
shock
8Dividend and Management Index
9 Reference
Reference
68
bull Governancebull Quarterly Results (July ndash September 2020)
69
Board of Directors
Four executive directors include a female director
本体役員室
常務執行役員
9 Reference_ Governance
We developed a new structure to strengthen governance and make a clear distinction between management oversight and execution
Corporate Executive Office
Managing Executive Officers Executive Officers
Four outside directors
Eight executive directors who are higher than senior managing executive officers
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
timesROE DOEDividend Payout Ratio
＝
株主への経営指標は
66
We adopted ldquoDOE 5 or morerdquo as management index to maintain shareholder returns through dividends or share buybacks etc during the investment phase
FY2021 Dividend Payout Ratio 467-583 Total Dividend Amount 46billion yen (Planned)
[Management Index]
DOE Dividend on Equity (ROE x Dividend Payout Ratio)FY2021 Dividend Payout Ratio and Total Dividend Amount Expected Dividend 37yen x Number of outstanding shares excluding treasury shares as of September 2020
8Dividend and Management Index
44
52 50 52 51
FY2016 FY2017 FY2018 FY2019 FY2020
231
1000
830
2452
649
FY2016 FY2017 FY2018 FY2019 FY2020
189
5260
21
78
FY2016 FY2017 FY2018 FY2019 FY2020
51
78 649
Nikkei Average 26
0
1000
2000
3000
4000
5000
6000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
67
Share price [unit yen]
[Acquisition of treasury stock] Purchased and retired treasury stocks 4 times
Changes in stock prices
Feb 2002Acquired treasury stocks
worth 15 billion yen（Jun 2004 119 billion yen
retired）
Nov 2007Acquired treasury stocks
worth 099 billion yen（Sep 2008 099 billion yen
retired）
Oct 2011Acquired treasury stocks
worth 199 billion yen
Feb 2013Acquired treasury stocks
worth 499 billion yen（Feb 2013 43 billion yen
retired）
Apr 2004Collapse of
Internet bubble
Jan 2006Livedoor
shock
Sep 2008Influence of
subprime crisis
May 2012Complete gacha
shock
8Dividend and Management Index
9 Reference
Reference
68
bull Governancebull Quarterly Results (July ndash September 2020)
69
Board of Directors
Four executive directors include a female director
本体役員室
常務執行役員
9 Reference_ Governance
We developed a new structure to strengthen governance and make a clear distinction between management oversight and execution
Corporate Executive Office
Managing Executive Officers Executive Officers
Four outside directors
Eight executive directors who are higher than senior managing executive officers
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
0
1000
2000
3000
4000
5000
6000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
67
Share price [unit yen]
[Acquisition of treasury stock] Purchased and retired treasury stocks 4 times
Changes in stock prices
Feb 2002Acquired treasury stocks
worth 15 billion yen（Jun 2004 119 billion yen
retired）
Nov 2007Acquired treasury stocks
worth 099 billion yen（Sep 2008 099 billion yen
retired）
Oct 2011Acquired treasury stocks
worth 199 billion yen
Feb 2013Acquired treasury stocks
worth 499 billion yen（Feb 2013 43 billion yen
retired）
Apr 2004Collapse of
Internet bubble
Jan 2006Livedoor
shock
Sep 2008Influence of
subprime crisis
May 2012Complete gacha
shock
8Dividend and Management Index
9 Reference
Reference
68
bull Governancebull Quarterly Results (July ndash September 2020)
69
Board of Directors
Four executive directors include a female director
本体役員室
常務執行役員
9 Reference_ Governance
We developed a new structure to strengthen governance and make a clear distinction between management oversight and execution
Corporate Executive Office
Managing Executive Officers Executive Officers
Four outside directors
Eight executive directors who are higher than senior managing executive officers
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
9 Reference
Reference
68
bull Governancebull Quarterly Results (July ndash September 2020)
69
Board of Directors
Four executive directors include a female director
本体役員室
常務執行役員
9 Reference_ Governance
We developed a new structure to strengthen governance and make a clear distinction between management oversight and execution
Corporate Executive Office
Managing Executive Officers Executive Officers
Four outside directors
Eight executive directors who are higher than senior managing executive officers
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
69
Board of Directors
Four executive directors include a female director
本体役員室
常務執行役員
9 Reference_ Governance
We developed a new structure to strengthen governance and make a clear distinction between management oversight and execution
Corporate Executive Office
Managing Executive Officers Executive Officers
Four outside directors
Eight executive directors who are higher than senior managing executive officers
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
70
Outside
Director Nominees
[Directors]
9 Reference_ Governance
Eight directors include three Audit and Supervisory Committee members Seven male directors and a female director of which four are outside directors
Susumu FujitaRepresentative Director
Yusuke HidakaDirector
Go NakayamaDirector
Koichi NakamuraOutside Director
Kozo TakaokaOutside Director
Female
Director nominees to be discussed at the 23rd annual general meeting of shareholders to be held on December 11 2020
Members of Audit and Supervisory Committee
Toko ShiotsukiDirectorStanding member of Audit and Supervisory Committee
Isao NumataOutside Director
Masao HoriuchiOutside Director
Audit and Supervisory Committee members are approved for two-year term at the annual general meeting of shareholders held on December 13 2019
Outside
Outside Outside
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
71
9 Reference_ Governance
[Executive officers]
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
72
9 Reference_ Governance
[Executive officers]
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
740 746 764
856 865
933895
1018979
10951044
10751108
11731136 1117
1156
1291
1128
1208
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Billion Yen
[Consolidated Sales]
73
9 Reference_ Quarterly Results
Sales were 1208 billion yen up 81 year over year
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
129
112
83
42
63
79
65
98
82
114
68
36
53
86
94
7477
124
82
53
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
[Consolidated OP] 53 billion yen down 278 year over yearBillion Yen
74
9 Reference_ Quarterly Results
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
44 4465
99 9179
6781 70 71 68
8199
61 53 5878 73 64
82
50 55
55
53 6168
66
79
68 77 76
85
80
8576
8671 84
72
87
12 12
13
14 15 1516
17
1818 20
2021
21
21
22 2221
21
21
14 12
13
12 12 1311
12
1113 12
1212
13
12
13 1317
14
17
35 35
39
44 49 5053
58
6364 68
73
75
68
70
7077
70
65
7331
14
156 160
187
256
230 226216
249
231246 245
273
289
250234
250263 269
237
297
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Special incentives
Other
Sales related costs
Office costs
Personnel
Advertisement cost
[SGampA Expenses] 297 billion yen in Q4
Other Outsourcing expenses RampD expenses entertainment expenses etc
Billion Yen
75
9 Reference_ Quarterly Results
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
494 499 578 596 622 624 681 660 667 703 753 767 830 802 844 798 780 754 791 804
1392 14011530 1539 1560 1633
1802 1778 1758 17541822 1900 1881 1894
19641883 1819 1786
1903 1871
1149 1139
1215 1253 12721267
1330 1346 1347 1349
14591453
1522 15541644
16121643
16701786
1826
263 266
259267
285301
357 406 406 425
501503
490 487
601608 596 578
603 605
303 297
290297
296310
335 336 344 330
352350
372 362
369370 366 362
370 374
22 21
2219
1918
18 17 15 15
1515
14 12
1111 11 12
14 13
3623 3623
3894 3971 40544153
4523 4543 4537 4576
49024988
5109 5111
54335282 5215 5162
54675493
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2016 FY2017 FY2018 FY2019 FY2020
Investment DevelopmentHeadquartersOtherGameInternet AdMedia
[No of Employees] Total headcount was 5493 at the end of September
headcount
76
9 Reference_ Quarterly Results
Segment reclassification in FY2020 The change is applied from FY2019 retrospectively
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
[PL]
Net profit Profit attributable to shareholders of parentAffected by the fact that AbemaTV Inc is exempted from consolidated tax payment and non-controlling equity interest (minority interest) of Cygames Inc 77
9 Reference_ Quarterly Results
million yenFY2020 4Q
Jul-Sept 2020FY2019 4Q
Jul-Sept 2019 YoY FY2020 3QApr-Jun 2020 QoQ
Net Sales 120858 111759 81 112854 71
Gross profit 35157 32494 82 32003 99
SGampA expenses 29788 25062 189 23724 256
Operating profit 5369 7431 -278 8279 -352
OPM 44 66 -22pt 73 -29pt
Ordinary profit 5399 7319 -262 8229 -344
Extraordinary income 0 881 -999 7 -933
Extraordinary loss 255 5183 -951 3009 -915
Income before income taxes and non-controlling interests
5144 3018 705 5228 -16
Net profit 729 -82 ー 1118 -348
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
million yenEnd of
Sept 2020End of
Sept 2019YoY
End ofJune 2020
QoQ
Current assets 203674 168662 208 181182 124
Cash deposits 102368 84565 211 90425 132
Fixed assets 57047 56172 16 54629 44
Total assets 260766 224876 160 235860 106
Current liabilities 87867 70749 242 71661 226
（Income tax payable） 9458 7014 348 5946 591
Fixed liabilities 45220 43774 33 43836 32
Shareholders equity 78466 74015 60 77786 09
Net Assets 127678 110352 157 120362 61
[BS]
78
9 Reference_ Quarterly Results
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
- スライド番号 4
- スライド番号 5
- スライド番号 6
- スライド番号 7
- スライド番号 8
- スライド番号 9
- スライド番号 10
- スライド番号 11
- スライド番号 12
- スライド番号 13
- スライド番号 14
- スライド番号 15
- スライド番号 16
- スライド番号 17
- スライド番号 18
- スライド番号 19
- スライド番号 20
- スライド番号 21
- スライド番号 22
- スライド番号 23
- スライド番号 24
- スライド番号 25
- スライド番号 26
- スライド番号 27
- スライド番号 28
- スライド番号 29
- スライド番号 30
- スライド番号 31
- スライド番号 32
- スライド番号 33
- スライド番号 34
- スライド番号 35
- スライド番号 36
- スライド番号 37
- スライド番号 38
- スライド番号 39
- スライド番号 40
- スライド番号 41
- スライド番号 42
- スライド番号 43
- スライド番号 44
- スライド番号 45
- スライド番号 46
- スライド番号 47
- スライド番号 48
- スライド番号 49
- スライド番号 50
- スライド番号 51
- スライド番号 52
- スライド番号 53
- スライド番号 54
- スライド番号 55
- スライド番号 56
- スライド番号 57
- スライド番号 58
- スライド番号 59
- スライド番号 60
- スライド番号 61
- スライド番号 62
- スライド番号 63
- スライド番号 64
- スライド番号 65
- スライド番号 66
- スライド番号 67
- スライド番号 68
- スライド番号 69
- スライド番号 70
- スライド番号 71
- スライド番号 72
- スライド番号 73
- スライド番号 74
- スライド番号 75
- スライド番号 76
- スライド番号 77
- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
Aiming to be a company with medium to long-term supporters
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
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- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
CyberAgent Places Top Three in Seven Categories in Gaming Internet amp Software Sector of the All-Japan Executive Team 2020
The ranking is provided by Institutional Investor a leading international business-to-business publisher 349 investors and portfolio managers and analysts from 189 voter firms participated in this survey nominating a total of 490 companies across 24 sectors 61 of those companies were granted the coveted Most Honored Company recognition by ranking in two or more of these categories
middot Most Honored Company ndash Gaming Internet amp Software sector - Second place
middot Best CEOs - Third place (Combined) - Susumu Fujita
middot Best CFOs - Third place (Combined) First place (Buy-side) - Go Nakayama
middot Best IR Professionals - First place (Combined) Second place (Buy-side) ndash Sonoko Miyakawa
middot Best IR Programs - First place (Combined) Second place (Buy-side)
middot Best IR Team - Second place (Combined) First place (Buy-side)
middot Best ESG - Second place (Combined)
Recognitions
80
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
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- スライド番号 78
- スライド番号 79
- スライド番号 80
- スライド番号 81
- スライド番号 82
-
httpswwwcyberagentcojpenirlibraryannual
Integrated ReportCyberAgent Way 2019
ClickIntegrated Report CyberAgent Way 2019
This yearrsquos integrated report has a special feature on our value creation system that supports CyberAgentrsquos sustainable growth
In addition to financial information it covers a wide range of ESG information including information security initiatives View or download the original report at our investor website
81
The financial results of FY2021 Q1 are scheduled to be released at 3pm or later on Wednesday January 27 2021
ldquoCyberAgent Way 2019rdquo won the Silver award in PDF Version of Annual Report Internet Service Provider category at the 2020 ARC Awards hosted by MerComm Inc
- スライド番号 1
- スライド番号 2
- スライド番号 3
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