To our shareholders,
Under our vision "to create the 21st century's leading company“, we have strived to expand our businesses and sales. In FY2023, we made a downward revision due to lowerthan-expected sales of profitable titles in the game business, however, we hope that our commitmentto higher sales and profit in FY2024 onward will lead to an increase in our stock price.
ABEMA, which celebrated its 7th anniversary since its launch, has expanded its viewer base to more than 20 million WAUs* with the distribution of the FIFA World Cup Qatar 2022 in November 2022, and has gained recognition as a social infrastructure that can be connected anytime, anywhere. Our investment in ABEMA, which we estimated would take 10 years to complete, has entered a phase of deficit reduction, and we are feeling a positive response as we turn the final corner.
In the AI field, which has attracted much attention in recent years, we established AI Lab in 2016 and have been actively promoting business using new technologies, including the development of products that utilize generative AI, mainly with a focus on the advertising business, and the earlyrelease of LLM (large-scale language models).
We will continue to strive for sustainable growth, train successors with our purpose: "To break through stagnation with new power and the internet“
*WAU (Weekly Active Users): Number of users per week
Thank you for your continued support of CyberAgent.
Susumu Fujita
Representative Director & CEO
