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CyberAgent Inc (JP:4751)
:4751
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CyberAgent (4751) AI Stock Analysis

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CyberAgent

(OTC:4751)

Rating:74Outperform
Price Target:
¥1,757.00
▲(13.87%Upside)
CyberAgent's stock is supported by strong technical momentum and a solid financial foundation, though its valuation suggests high growth expectations. Improvements in cash flow management and profitability are needed to enhance the stock's long-term appeal.

CyberAgent (4751) vs. iShares MSCI Japan ETF (EWJ)

CyberAgent Business Overview & Revenue Model

Company DescriptionCyberAgent, Inc. engages in the media, internet advertising, game, and investment development businesses primarily in Japan. The company operates Abema, a hybrid service that offers linear (TV) and on-demand viewing; Ameba, a blog service; Tapple for online dating; AWA, a music streaming service; and WinTicket for online betting. It also offers internet advertising agency and ad technology services; and smartphone games. In addition, the company operates a programming school for kids; CROSS ME; and Nizista, a Web magazine, as well as provides application and reward points exchange platform services. CyberAgent, Inc. was founded in 1998 and is headquartered in Tokyo, Japan.
How the Company Makes MoneyCyberAgent makes money through several key revenue streams. Firstly, its digital advertising segment is a major source of income, where it provides comprehensive advertising solutions, including programmatic advertising platforms, to businesses looking to enhance their online presence. The internet media segment contributes to revenue through platforms like the popular streaming service AbemaTV, which generates income via subscription fees and advertising. Lastly, the gaming division is a significant revenue driver, producing popular mobile games that generate income through in-app purchases and partnerships. CyberAgent's earnings are also bolstered by strategic partnerships and investments in emerging digital technologies, positioning the company for sustained growth in the rapidly evolving digital landscape.

CyberAgent Earnings Call Summary

Earnings Call Date:May 15, 2025
(Q4-2024)
|
% Change Since: 25.35%|
Next Earnings Date:Aug 08, 2025
Earnings Call Sentiment Positive
The earnings call reflects a positive overall performance with significant growth in the media and game businesses, stable growth in advertising, and expansion in workforce. However, one-time losses in the media business and flat operating profit projections for the next fiscal year present some challenges.
Q4-2024 Updates
Positive Updates
Strong Performance in Media Business
ABEMA sales have grown significantly, with shrinking losses leading to an increase in sales and profits. The business is expected to book operating profits from FY 2025 onwards.
Recovery in Game Business
The game business, particularly Uma Musume, has seen a recovery with new titles released, leading to increased sales and profitability year-on-year.
Consistent Growth in Advertising Business
The Internet advertising business has shown stable growth with double-digit growth for four consecutive quarters, driven by investments in AI technology.
Increase in Workforce
The company is nearing 8,000 employees, indicating expansion and growth in operations.
ABEMA User Growth
ABEMA WAU has tripled since 2020, reaching levels seen during the World Cup, with diverse content including news, anime, and sports driving this growth.
Negative Updates
One-time Losses in Media Business
The media business experienced one-time losses this quarter, impacting short-term financial results.
Flat Operating Profit Projection for FY 2025
The operating profit forecast for FY 2025 is expected to remain flat, despite upward revisions in the previous quarter.
Company Guidance
During CyberAgent's FY 2024 earnings call, President Susumu Fujita highlighted several key metrics and developments across the company's business sectors. The Media business, particularly ABEMA, showed significant growth in sales, with losses shrinking, leading to increased profitability. The Internet advertising sector maintained stable growth with a focus on advertising effectiveness, resulting in double-digit operating profit (OP) growth for the fourth consecutive quarter. The game sector experienced a recovery, with new titles contributing to a rise in sales and profits, while the Uma Musume IP continued to thrive with collaborations and new content. The company is also focusing on nurturing IPs and expanding its content offerings, including anime and films, as part of its mid- to long-term strategy. The total number of employees reached nearly 8,000, and the company emphasized efforts to maintain DOE and ROE above the Tokyo Stock Exchange average. For FY 2025, the company anticipates steady growth in sales and profitability, driven by ongoing investments in technology, AI, and new game developments.

CyberAgent Financial Statement Overview

Summary
CyberAgent exhibits strong revenue growth and a stable balance sheet with moderate leverage. However, the company faces challenges in its cash flow management with no positive free cash flow in the latest TTM period, and its net profitability remains an area for improvement.
Income Statement
75
Positive
CyberAgent's income statement shows strong revenue growth with a TTM (Trailing-Twelve-Months) revenue of ¥813,763 million, representing a 1.34% increase from the previous annual report. The gross profit margin is 27.58% for TTM, indicating efficient cost management. However, the net profit margin for TTM is 2.68%, which, while improved from the previous year, suggests room for improvement in net profitability. EBIT and EBITDA margins are 5.38% and 5.59% respectively, reflecting stable operating performance.
Balance Sheet
80
Positive
CyberAgent's balance sheet is strong with a debt-to-equity ratio of 0.71, indicating a moderate level of leverage. The return on equity (ROE) is 13.68% for TTM, showing effective use of equity to generate profits. The equity ratio of 30.34% suggests a solid capital structure. Overall, the company demonstrates financial stability with a healthy balance between debt and equity.
Cash Flow
60
Neutral
The cash flow statement shows a lack of positive free cash flow in the latest TTM period. Historical data indicates volatility in free cash flow, with a significant free cash flow in the previous year but none in TTM, suggesting potential challenges in cash flow management. Operating cash flow was also zero for TTM, indicating possible issues in cash generation from operations.
BreakdownSep 2024Sep 2023Sep 2022Sep 2021Sep 2020
Income Statement
Total Revenue803.00B720.21B710.58B666.46B478.57B
Gross Profit220.52B192.41B219.16B232.00B140.65B
EBITDA42.34B31.12B71.90B111.04B37.12B
Net Income16.25B5.33B39.41B66.67B14.26B
Balance Sheet
Total Assets520.42B477.83B383.70B382.58B260.77B
Cash, Cash Equivalents and Short-Term Investments228.25B218.61B182.36B200.42B126.46B
Total Debt106.78B107.08B46.26B42.44B41.43B
Total Liabilities266.18B245.92B160.78B188.44B133.09B
Stockholders Equity162.01B146.51B146.01B130.20B90.50B
Cash Flow
Free Cash Flow43.39B-4.75B-8.14B97.14B22.99B
Operating Cash Flow50.07B20.82B17.95B109.61B37.03B
Investing Cash Flow-38.33B-40.29B-31.41B-28.54B-16.62B
Financing Cash Flow-5.20B53.49B-2.80B374.00M-2.59B

CyberAgent Technical Analysis

Technical Analysis Sentiment
Positive
Last Price1543.00
Price Trends
50DMA
1487.42
Positive
100DMA
1323.17
Positive
200DMA
1196.31
Positive
Market Momentum
MACD
5.76
Positive
RSI
59.33
Neutral
STOCH
46.68
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4751, the sentiment is Positive. The current price of 1543 is below the 20-day moving average (MA) of 1562.80, above the 50-day MA of 1487.42, and above the 200-day MA of 1196.31, indicating a bullish trend. The MACD of 5.76 indicates Positive momentum. The RSI at 59.33 is Neutral, neither overbought nor oversold. The STOCH value of 46.68 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4751.

CyberAgent Peers Comparison

Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
74
Outperform
$760.67B35.1614.25%1.06%6.67%114.29%
62
Neutral
$41.14B-1.94-12.06%3.94%2.09%-69.68%
$5.01B-24.51%0.03%
$2.86B36.512.71%3.12%
77
Outperform
¥89.10B24.76
7.31%-17.46%43.19%
61
Neutral
¥17.83B8.23
3.83%-9.56%127.51%
54
Neutral
¥3.10B
2.09%21.06%
* Communication Services Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:4751
CyberAgent
1,543.00
601.70
63.92%
DNTUF
Dentsu
19.37
-5.17
-21.07%
HKUOF
Hakuhodo Dy Holdings
7.02
-0.47
-6.28%
JP:2389
Digital Holdings, Inc.
1,231.00
237.21
23.87%
JP:2656
Vector HOLDINGS Inc.
131.00
10.00
8.26%
JP:4293
Septeni Holdings Co., Ltd.
425.00
76.41
21.92%

CyberAgent Corporate Events

CyberAgent Reports Material Deficiencies in Financial Controls
May 15, 2025

CyberAgent, Inc. has identified material deficiencies in its internal control over financial reporting, leading to the submission of correction reports for past financial statements. The deficiencies were discovered following an investigation into inappropriate accounting practices at its subsidiary, CyberOwl, where sales figures were improperly recorded due to inadequate management and auditing systems. This revelation has significant implications for the company’s financial integrity and highlights the need for improved internal controls and governance structures.

The most recent analyst rating on (JP:4751) stock is a Buy with a Yen1330.00 price target. To see the full list of analyst forecasts on CyberAgent stock, see the JP:4751 Stock Forecast page.

CyberAgent Corrects Past Financial Reports Amid Accounting Issues
May 15, 2025

CyberAgent has announced the correction of past annual securities reports due to the discovery of inappropriate accounting practices at one of its consolidated subsidiaries. This correction may impact stakeholders’ trust, as the company seeks to address concerns and maintain transparency with its shareholders, investors, and partners.

The most recent analyst rating on (JP:4751) stock is a Buy with a Yen1330.00 price target. To see the full list of analyst forecasts on CyberAgent stock, see the JP:4751 Stock Forecast page.

CyberAgent Reports Strong Financial Growth in First Half of FY2025
May 15, 2025

CyberAgent, Inc. reported its consolidated financial results for the first half of FY2025, showing a 3.4% increase in net sales and a significant 74.2% rise in net income attributable to owners of the parent compared to the previous year. The company anticipates continued growth with a forecasted 2.3% increase in net sales and a 31.4% rise in net income for the full fiscal year, indicating strong operational performance and positive market positioning.

The most recent analyst rating on (JP:4751) stock is a Buy with a Yen1330.00 price target. To see the full list of analyst forecasts on CyberAgent stock, see the JP:4751 Stock Forecast page.

CyberAgent Corrects Past Financial Statements Following Internal Review
May 15, 2025

CyberAgent, Inc. has submitted correction reports for past annual securities and financial statements to address inappropriate accounting treatments identified in a consolidated subsidiary. This action follows an internal investigation and audit review, impacting financial results from fiscal years 2020 to 2024. The corrections have resulted in minor adjustments to net sales, operating income, and other financial metrics, reflecting the company’s commitment to transparency and regulatory compliance.

The most recent analyst rating on (JP:4751) stock is a Buy with a Yen1330.00 price target. To see the full list of analyst forecasts on CyberAgent stock, see the JP:4751 Stock Forecast page.

CyberAgent Revises FY2025 Q1 Financial Results
May 15, 2025

CyberAgent, Inc. announced corrections to its FY2025 First Quarter Consolidated Financial Results, initially disclosed in January 2025. The corrections, which involve numerical adjustments, reflect changes in net sales, operating income, and other financial metrics, potentially impacting the company’s financial outlook and stakeholders’ perceptions.

The most recent analyst rating on (JP:4751) stock is a Buy with a Yen1330.00 price target. To see the full list of analyst forecasts on CyberAgent stock, see the JP:4751 Stock Forecast page.

CyberAgent Revises FY2024 Financial Results, Indicating Strong Performance
May 15, 2025

CyberAgent, Inc. announced corrections to its FY2024 Consolidated Financial Results, initially disclosed in October 2024. The corrections involve adjustments to numerical data, impacting reported net sales, operating income, and other financial metrics. This revision reflects improved financial performance compared to FY2023, with significant increases in net income and comprehensive income. The announcement may influence stakeholders’ perceptions of the company’s financial health and market positioning.

The most recent analyst rating on (JP:4751) stock is a Buy with a Yen1330.00 price target. To see the full list of analyst forecasts on CyberAgent stock, see the JP:4751 Stock Forecast page.

CyberAgent Announces Corrections to FY2024 Q3 Financial Results
May 15, 2025

CyberAgent, Inc. has announced corrections to its FY2024 Third Quarter Consolidated Financial Results, initially disclosed in July 2024. The corrections involve adjustments to numerical data, reflecting significant year-on-year growth in net sales and income, which may impact the company’s financial outlook and stakeholder confidence.

The most recent analyst rating on (JP:4751) stock is a Buy with a Yen1330.00 price target. To see the full list of analyst forecasts on CyberAgent stock, see the JP:4751 Stock Forecast page.

CyberAgent Announces Corrections to FY2024 Q2 Financial Results
May 15, 2025

CyberAgent, Inc. announced corrections to its FY2024 Second Quarter Consolidated Financial Results, initially disclosed on April 24, 2024. The corrections, detailed in a separate notice, reflect changes in numerical data, impacting the company’s reported financial performance. This adjustment may influence stakeholders’ perception of the company’s financial health and its strategic positioning in the market.

The most recent analyst rating on (JP:4751) stock is a Buy with a Yen1330.00 price target. To see the full list of analyst forecasts on CyberAgent stock, see the JP:4751 Stock Forecast page.

CyberAgent Announces Corrections to FY2024 Q1 Financial Results
May 15, 2025

CyberAgent, Inc. announced corrections to its FY2024 First Quarter Consolidated Financial Results, initially disclosed on January 31, 2024. The corrections involve adjustments to numerical data, reflecting changes in net sales, operating income, and other financial metrics. These corrections are significant for stakeholders as they impact the company’s reported financial performance and may influence investor perceptions and market positioning.

The most recent analyst rating on (JP:4751) stock is a Buy with a Yen1330.00 price target. To see the full list of analyst forecasts on CyberAgent stock, see the JP:4751 Stock Forecast page.

CyberAgent Revises FY2023 Financial Results with Positive Outlook for FY2024
May 15, 2025

CyberAgent, Inc. announced corrections to its FY2023 Consolidated Financial Results, initially disclosed in November 2023. The corrections involve numerical data adjustments, impacting reported figures such as net sales, operating income, and net income attributable to owners of the parent. Despite these corrections, the company maintains a positive outlook with a forecasted increase in net sales and income for FY2024, indicating resilience and potential growth in its financial performance.

The most recent analyst rating on (JP:4751) stock is a Buy with a Yen1330.00 price target. To see the full list of analyst forecasts on CyberAgent stock, see the JP:4751 Stock Forecast page.

CyberAgent Announces Corrections to FY2023 Q3 Financial Results
May 15, 2025

CyberAgent, Inc. announced corrections to its FY2023 Third Quarter Consolidated Financial Results, initially disclosed in July 2023. The corrections impact the company’s reported financial metrics, including net sales and income figures, reflecting a significant decline in operating and ordinary income compared to the previous year, which may influence stakeholder perceptions and market positioning.

The most recent analyst rating on (JP:4751) stock is a Buy with a Yen1330.00 price target. To see the full list of analyst forecasts on CyberAgent stock, see the JP:4751 Stock Forecast page.

CyberAgent Announces Corrections to FY2023 Q2 Financial Results
May 15, 2025

CyberAgent, Inc. announced corrections to its FY2023 Second Quarter Consolidated Financial Results, initially disclosed on April 26, 2023. The corrections include adjustments to numerical data, reflecting a significant decrease in operating and ordinary income compared to the previous year. This correction may impact stakeholders’ perception of the company’s financial health and market positioning.

The most recent analyst rating on (JP:4751) stock is a Buy with a Yen1330.00 price target. To see the full list of analyst forecasts on CyberAgent stock, see the JP:4751 Stock Forecast page.

CyberAgent Announces Corrections to FY2023 Q1 Financial Results
May 15, 2025

CyberAgent, Inc. has announced corrections to its FY2023 First Quarter Consolidated Financial Results, initially disclosed in January 2023. The corrections involve numerical data adjustments, reflecting changes in net sales, operating income, and comprehensive income, which may impact stakeholders’ perceptions of the company’s financial health and market positioning.

The most recent analyst rating on (JP:4751) stock is a Buy with a Yen1330.00 price target. To see the full list of analyst forecasts on CyberAgent stock, see the JP:4751 Stock Forecast page.

CyberAgent Revises FY2022 Financial Results
May 15, 2025

CyberAgent, Inc. announced a correction to its FY2022 consolidated financial results, initially disclosed in October 2022. The correction involves adjustments to numerical values, reflecting changes in net sales, operating income, and other financial metrics. This announcement may impact stakeholders’ perception of the company’s financial health and transparency.

The most recent analyst rating on (JP:4751) stock is a Buy with a Yen1330.00 price target. To see the full list of analyst forecasts on CyberAgent stock, see the JP:4751 Stock Forecast page.

CyberAgent Announces Corrections to FY2022 Q3 Financial Results
May 15, 2025

CyberAgent, Inc. has announced corrections to its FY2022 Third Quarter Consolidated Financial Results, initially disclosed in July 2022. The corrections, which involve adjustments to numerical data, reflect changes in net sales, operating income, and other financial metrics. These adjustments may impact stakeholders’ understanding of the company’s financial health and performance during the specified period.

The most recent analyst rating on (JP:4751) stock is a Hold with a Yen1200.00 price target. To see the full list of analyst forecasts on CyberAgent stock, see the JP:4751 Stock Forecast page.

CyberAgent Revises FY2021 Financial Results
May 15, 2025

CyberAgent, Inc. announced corrections to its FY2021 Consolidated Financial Results, initially disclosed in October 2021. The corrections involve adjustments to numerical data, which have been detailed in a separate notice. This revision may impact stakeholders’ understanding of the company’s past financial performance, but specific implications for future operations or market positioning were not provided.

The most recent analyst rating on (JP:4751) stock is a Hold with a Yen1200.00 price target. To see the full list of analyst forecasts on CyberAgent stock, see the JP:4751 Stock Forecast page.

CyberAgent Announces Corrections to FY2020 Financial Results
May 15, 2025

CyberAgent, Inc. has announced corrections to its FY2020 Consolidated Financial Results, initially disclosed in 2020. The corrections involve adjustments to numerical data, reflecting changes in the company’s financial performance metrics. These corrections may influence stakeholders’ understanding of the company’s past performance and financial health.

The most recent analyst rating on (JP:4751) stock is a Hold with a Yen1200.00 price target. To see the full list of analyst forecasts on CyberAgent stock, see the JP:4751 Stock Forecast page.

CyberAgent to Correct Financial Reports Following Investigation into Subsidiary’s Accounting Practices
Apr 18, 2025

CyberAgent, Inc. has announced the receipt of an investigation report from its Internal Investigation Committee regarding inappropriate accounting practices at its subsidiary, CyberOwl. The investigation revealed that a director at CyberOwl had been falsifying sales estimates since 2020, impacting the company’s financial statements. CyberAgent plans to submit correction reports for past securities and financial results, acknowledging the inadequacy of its management and auditing systems. The investigation found no similar issues at other subsidiaries, and the financial impact on CyberAgent’s consolidated statements was relatively minor, with a maximum effect of 0.2% on net sales and 4.2% on operating income in recent years.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jun 24, 2025