October 30, 2019
CyberAgent, Inc. (TSE: 4751)
Susumu Fujita, President
Notice on Recording Extraordinary Loss
CyberAgent, Inc. (the "Company") today announced that the Company has recorded the following extraordinary loss in the financial results for the fourth quarter of fiscal year ending September 2019.
1. Summary of the Extraordinary Loss
The Company has recorded 9.5 billion yen of the impairment loss resulting from the withdrawal plan and collectability of some services in Game, Advertising and Media businesses at the consolidated cumulative fourth quarter of the fiscal year ending September 2019. The Company has also recorded an extraordinary loss of 12.9 billion yen which includes 2.7 billion yen of the head office relocation expenses.
2. Impact on Business Forecast
The above-mentioned extraordinary loss has been reflected in the financial results announced today (October 30, 2019) as "FY2019 Consolidated Financial Results [Japanese GAAP]."
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CyberAgent Inc. published this content on 30 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 October 2019 06:51:03 UTC