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CyberAgent, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 57%
4751 CyberAgent,Inc. 【J-GAAP】
Earnings ReportCyberAgent,Inc. <4751> [TSE Prime] announced its financial results after the market closed on August 8th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending September 2025 (October 2024 to June 2025) expanded 48.6 billion yen, an increase 35.6% compared to the same period last year.
In addition, the full-year forecast for consolidated ordinary profit has been revised upward 57.1%, from the previous forecast of 42.0 billion yen to 66.0 billion yen (compared to 39.7 billion yen in the previous period), increasing the growth rate from 5.8% to 66.2%.
Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the April to September period (second half) is expected to increase 2.9 times, from the previous forecast of 12.8 billion yen to 36.8 billion yen (compared to 12.6 billion yen in the same period of the previous year), increasing the growth rate from 1.1% to 2.9 times.
In the most recent three-month period, from April to June (3Q), the consolidated ordinary profit surged 2.2 times that of the same period last year, reaching 19.4 billion yen. The operating profit margin significantly improved from 4.3% in the same period last year to 9.3%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Jun, 2022 | 534,397 | 17,383 | 17,877 | 2,304 | 4.6 | 78.7 | Jul 26, 2023 | J-GAAP |
| Oct - Jun, 2023 | 597,485 | 34,833 | 35,858 | 14,726 | 29.1 | 90.3 | Jul 31, 2024 | J-GAAP |
| Oct - Jun, 2024 | 631,993 | 48,798 | 48,631 | 24,103 | 47.6 | 73.7 | Aug 8, 2025 | J-GAAP |
| YoY | +5.8% | +40.1% | +35.6% | +63.7% | +63.6% |
Guidance Update
Second Half Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 Prev | 398,786 | 12,831 | 12,822 | 5,137 | 10.1 | 17 | May 15, 2025 | J-GAAP |
| Apr - Sep, 2025 New | 428,786 | 36,831 | 36,822 | 15,137 | 29.9 | 17 | Aug 8, 2025 | J-GAAP |
| Revision Rate | +7.5% | +187.0% | +187.2% | +194.7% | +194.6% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep, 2025 Prev | 820,000 | 42,000 | 42,000 | 21,000 | 41.4 | 17 | Oct 30, 2024 | J-GAAP |
| Sep, 2025 New | 850,000 | 66,000 | 66,000 | 31,000 | 61.2 | 17 | Aug 8, 2025 | J-GAAP |
| Revision Rate | +3.7% | +57.1% | +57.1% | +47.6% | +47.6% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 | 393,792 | 13,488 | 12,687 | 6,872 | 13.6 | 16 | Oct 30, 2024 | J-GAAP |
| Apr - Sep, 2025 Guidance | 428,786 | 36,831 | 36,822 | 15,137 | 29.9 | 17 | Aug 8, 2025 | J-GAAP |
| YoY | +8.9% | +173.1% | +190.2% | +120.3% | +120.1% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep, 2023 | 719,451 | 22,351 | 22,710 | 3,540 | 7.0 | 15 | Nov 1, 2023 | J-GAAP |
| Sep, 2024 | 801,236 | 40,083 | 39,715 | 15,977 | 31.6 | 16 | Oct 30, 2024 | J-GAAP |
| Sep, 2025 Guidance | 850,000 | 66,000 | 66,000 | 31,000 | 61.2 | 17 | Aug 8, 2025 | J-GAAP |
| YoY | +6.1% | +64.7% | +66.2% | +94.0% | +93.9% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Jun, 2024 | 190,041 | 8,238 | 8,830 | 5,621 | 11.1 | 4.3 | Jul 31, 2024 | J-GAAP |
| Jul - Sep, 2024 | 203,751 | 5,250 | 3,857 | 1,251 | 2.5 | 2.6 | Oct 30, 2024 | J-GAAP |
| Oct - Dec, 2024 | 203,842 | 8,301 | 8,806 | 5,071 | 10.0 | 4.1 | Jan 29, 2025 | J-GAAP |
| Jan - Mar, 2025 | 217,372 | 20,868 | 20,372 | 10,792 | 21.3 | 9.6 | May 15, 2025 | J-GAAP |
| Apr - Jun, 2025 | 210,779 | 19,629 | 19,453 | 8,240 | 16.3 | 9.3 | Aug 8, 2025 | J-GAAP |
| YoY | +10.9% | +138.3% | +120.3% | +46.6% | +46.6% |
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