CyberAgent has established a vision of “To create the 21st century’s leading company,” and continues to steadily expand its business with a focus on the media, advertising, and games businesses.
Our internet TV station “AbemaTV”, launched in April 2016, has achieved a steady increase in users, with more than 45 million downloads in three and a half years. During 2019 we felt a strong response for “AbemaTV” as a media outlet, with many viewers drawn to our 24-hour news channel for emergency press conferences and disaster information, and our dating reality show that has become trendy among younger viewers. Looking ahead, we plan to continue investing resources in “AbemaTV” to establish it as a long-term business pillar and lay a foundation that will allow for considerable growth as the service matures.
Even during an investment phase such as this, we recognize that returns to shareholders are a management priority, and since FY9/17 have used “Dividend on Equity (DOE) of 5% or higher” as a management indicator.
Going forward, CyberAgent will continue to strengthen its corporate governance and work to enhance its enterprise value to maintain shareholder support over the longer term.
*DOE：Dividend on Equity（ROE×Dividend payout ratio）