Business Segments
CyberAgent has 3 main lines of business.

Media
Media business provides services such as “ABEMA,” a hybrid entertainment of TV and video, and “Ameba,” the largest blog service in the country. While we are still in the up-front investment phase, sales increased 18.5% year over year driven by advertising and subscription revenue growth.

- *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.

- *PPV: Pay Per View service launched in June 2020.
- **Quarterly OP: Special incentives in FY2016 and FY2020 are excluded.
- ***Segment reclassification in FY2020: Some EC businesses that were included in Internet Advertisement Business has merged and reflected from FY2016.
Internet Advertisement
Since the founding, Internet Advertisement business continues to grow with collective strengths, which include technical capability, creativity, and ad operation capability to maximize advertising effectiveness.

- *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.

- *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.
- **Quarterly OP and OPM: Special incentives in FY2016 and FY2020 are excluded.
Game
We entered Game business back in 2009. It expanded in scale following the growth of the smartphone game market. The market growth has been slow down since 2018. However, the business is stable as we maintain major game titles and regular new hits.


- 2、5、7:© Cygames, Inc.
- 3 : © 2014-2019 ARMOR PROJECT/BIRD STUDIO/SQUARE ENIX All Rights Reserved. Developed by Cygames, Inc. Publisher: SQUARE ENIX
- 4 : ©BANDAI NAMCO Entertainment Inc. It was jointly developed and is operating by ©BANDAI NAMCO Entertainment Inc. and Cygames, Inc.
- 6 : ©BanG Dream! Project ©Craft Egg Inc. ©bushiroad All Rights Reserved.
- 8 : ©Nintendo / Cygames Publisher: Nintendo
- *KonoSuba: God‘s Blessing on this Wonderful World! Fantastic Days : 2019 Akatsuki Natsume, Mishima Kurone / KADOKAWA/ KonoSuba Movie Production Committee ©Sumzap, Inc.
- **“Project SEKAI Colorful Stage! Feat. Hatsune Miku”:© SEGA /© Craft Egg Inc. Developed by Colorful Palette /© Crypton Future Media, INC. www. piapro.net
All rights reserved. Production: SEGA CORPORATION / Craft Egg, Inc. Development: SEGA CORPORATION / Colorful Palette, Inc.
- ***Balloon : Selected major titles only