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Japanese internet company running digital advertising, the Ameba blog platform and the ABEMA streaming service.
Japanese internet company running digital advertising, the Ameba blog platform and the ABEMA streaming service.
The advertising agency sells the most, but the mobile-game segment, run by its subsidiary Cygames, has been the main profit earner, which has helped fund ABEMA's years of losses. Founder Susumu Fujita leads it and is the largest shareholder.
In one line: A hybrid of a digital ad agency plus a streaming service.
Moat: narrow (brand, installed base). Long-standing digital ad-agency relationships plus Ameba/ABEMA audience reach in Japan.
Headquarters: Tokyo, Japan · Founded: 1998 · Employees: 8,150
Size Cyber Agent (4751.T) is a Japan Communication Services company (Internet Software/Services) with a market value of $4.13B, the 279th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥1,284 on 6 Nov 2026.
Performance Over six months the shares gained 2.8%, against -3.8% for the median peer and +1.8% for the Japan market (cap-weighted) — 4th highest of 11 in its peer set.
Growth Revenue grew 13.7% over the last twelve months (peer median +9.5%); the operating margin is 9.5% (peer median 21.5%).
Valuation It trades at 15.4× forward earnings against a peer median of 12.6× (4th most expensive of 10).
Price implies For today's price to make sense, revenue must grow about -11% a year for seven years (Req g). Recent delivered growth is +13%, so the hurdle is -24 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 18.5 points above its cost of capital (6.0% WACC).
Next results Next results expected around 11 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥951B | ¥874B | ¥803B | ¥719B | ¥710B |
| Revenue growth | — | +9% | +12% | +1% | — |
| Gross profit | ¥301B | ¥264B | ¥221B | ¥191B | ¥219B |
| EBITDA | ¥102B | ¥81.5B | ¥52.1B | ¥30.6B | ¥76.6B |
| Net income | ¥43.6B | ¥31.7B | ¥16.2B | ¥3.54B | ¥22.9B |
| Free cash flow | n/a | ¥67.4B | ¥43.4B | ¥10.3B | ¥1.02B |
| Capital expenditure | n/a | ¥27.8B | ¥20.9B | ¥25.6B | ¥26.1B |
| Total debt | ¥96.9B | ¥95.0B | ¥111B | ¥108B | ¥46.3B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Cyber Agent 4751.T | $4.13B | +3% | +14% | 10% | 15.4× | -11.3% |
| Dentsu 4324.T | $6.37B | +30% | +4% | 10% | 12.8× | -12.0% |
| Hakuhodo Dy 2433.T | $3.05B | +34% | -6% | 5% | 20.9× | -2.8% |
| Ly Corporation 4689.T | $23.2B | +31% | +8% | 15% | 18.5× | 0.8% |
| Netflix NFLX | $260B | -28% | +15% | 32% | 17.7× | 15.0% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 4751.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +3.9% | -0.5% | 6th highest of 11 |
| 6-month return | +2.8% | -3.8% | 4th highest of 11 |
| Distance from 52-week high | -20.4% | -33.5% | 3rd highest of 11 |
| Revenue growth (TTM) | +13.7% | +9.5% | 5th highest of 11 |
| Operating margin | 9.5% | 21.5% | 5th lowest of 11 |
| Forward P/E | 15.4× | 12.6× | 4th most expensive of 10 |
| Growth the price implies (Req g, 7 yrs) | -11.3% | 0.6% | 3rd least demanding of 10 |
| Growth delivered (Del g) | +12.8% | +10.1% | 4th highest of 10 |
| Hurdle (Req g minus delivered) | -24.1 pp | -8.9 pp | 4th least demanding of 10 |
| ROIC minus cost of capital | +18.5 pp | +0.5 pp | 5th highest of 10 |
| EV / EBITDA | 6.0× | 10.2× | 2nd cheapest of 9 |
| Net debt / EBITDA | -1.3× | -1.2× | 5th least indebted of 10 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Cyber Agent 4751.T | Japan | $4.13B | +3% | +14% | 10% | 15.4× | -11.3% | +12.8% |
| CarGurus CARG | United States | $3.01B | -3% | +6% | 26% | 12.1× | 2.7% | +10.5% |
| China Ruyi 0136.HK | Hong Kong | $2.82B | -5% | -40% | -17% | 12.6× | 13.1% | +69.6% |
| Autohome 2518.HK | Hong Kong | $2.70B | +21% | -22% | 0% | 22.7× | -15.3% | -6.4% |
| NetEase Cloud Music 9899.HK | Hong Kong | $2.52B | -21% | +6% | 17% | 10.1× | -18.7% | +8.9% |
| RUM RUM | United States | $2.44B | -41% | +13% | -101% | n/a | n/a | n/a |
| Grindr GRND | United States | $2.35B | -10% | +32% | 31% | 19.7× | -6.0% | +31.1% |
| Match MTCH | United States | $8.88B | +6% | 0% | 30% | 13.6× | 1.8% | +7.8% |
| Pinterest PINS | United States | $10.9B | -11% | +15% | 6% | 8.8× | 16.2% | +20.1% |
| Nexon 3659.T | Japan | $13.8B | +10% | +15% | 26% | 22.4× | -9.1% | +10.1% |
| Tencent Music Entertainment 1698.HK | Hong Kong | $13.9B | -2% | +16% | 29% | 11.0× | 0.6% | +1.7% |