CyberAgent has been growing with Internet-based businesses, holding to a vision of “creating the 21st century's leading company.”
For fiscal year 2017, consolidated sales grew to a record high as a result of a shift to smartphone business we started in 2012. Our existing business: Internet advertising and Game built up operation profit while we invested in an internet TV station “AbemaTV,” which surpassed 22 million downloads after 18 months from its launch.
We expect an increase of the number of people watching video on smartphone in the coming years. For fiscal year 2018, we continually prioritize our investments to “AbemaTV” in order to make it to the mass media and develop the media business into a pillar over medium to long-term while existing businesses perform well.
We consider return of earnings to shareholders to be a top management priority in these investment period, and set “DOE* 5% or more" as a management guidance. Going forward, we strive to strengthen corporate governance, and to improve corporate value over the medium to long-term.
Thank you to all shareholders for your kind support.
*DOE：Dividend on Equity（ROE×Dividend payout ratio）