ENVALITH
株式会社サイバー・バズ logo

CyberBuzz, Inc.

7069Growth MarketServices

株式会社サイバー・バズ logo
CyberBuzz, Inc.7069

Business

CyberBuzz, Inc. holds the mission of "Turning communication into value, changing the world," and its core business is the SMM Business, which provides comprehensive support for corporate advertising and marketing activities through social media platforms such as Instagram, X, TikTok, and YouTube. The company operates its own services including the influencer networks "NINARY" and "Ripre," SNS account management, the SNS advertising service "tobuy," and the talent agency "Be One Agent." It also operates an online event DX platform business for artists through its subsidiary WithLIVE, and an HR Business for SNS marketing talent placement through BuzzJob. Its major clients are centered on consumer goods manufacturers in cosmetics, daily necessities, and food products, led by CyberAgent, Inc. (24.9% of net sales). The company listed on the Tokyo Stock Exchange Mothers market in 2019 and is currently listed on the Growth Market. In June 2025, it concluded a capital and business alliance with Ceres Inc.

Business Model

In response to client companies' advertising needs, the company provides a combination of planning and execution of promotional measures utilizing its proprietary influencer network (NINARY / Ripre), monthly subscription-based management of official SNS accounts, operation of the SNS advertising product "tobuy", and sales agency services for other companies' advertising products. The company's own services offer higher profit margins compared to sales of other companies' advertising products, and the company emphasizes maximizing net sales and advertising gross profit as key management indicators. The live streaming business adopts a BtoB/BtoC model that provides an integrated online offering from e-ticket issuance to event hosting and merchandise sales.

Company Strengths

NINARY members consist of carefully selected talent, with 90% recruited through scouting and only 10% through applications, forming an influencer network that comprehensively covers all age groups. Ripre members are managed under a two-tier ranking system consisting of premium members, mainly in their 30s-40s, and general standard members. The company launched the talent agency "Be One Agent" in January 2024, leveraging its SNS marketing expertise, and is advancing network diversification.

The proprietary media "to buy" has surpassed a cumulative 500 million views on TikTok, with tie-up track record exceeding 100 brands cumulatively. Its strength lies in creative production with high product mention rates and high full-view completion rates, covering a wide range of genres including beauty, food, daily necessities, and products targeted at Generation Z. SNS advertising remained solid in FY2025 (ended September 2025) and contributed to revenue growth.

In FY2024 (ended September 2024), the company recorded an operating loss of ¥1,719 million and net loss of ¥1,954 million, resulting in a note regarding going concern assumptions being attached; however, in FY2025 (ended September 2025), it achieved a V-shaped recovery to operating profit of ¥349 million and net profit of ¥385 million. The equity ratio improved from 7.3% to 18.8%, and cash and deposits recovered to ¥1,276 million. The company stabilized its financial base through the issuance of ¥300 million in corporate bonds and ¥200 million in long-term borrowings.

ENVALITH's Perspective

Against the full-year forecast for FY2026 (ending September 2026) of net sales of ¥8,200 million and operating profit of ¥520 million, interim results showed net sales of ¥4,151 million (progress rate of 50.6%) and operating profit of ¥394 million (progress rate of 75.8%), indicating high progress on the profit side. However, against the full-year forecast for profit attributable to owners of parent of ¥368 million, interim net profit was ¥263 million (progress rate of 71.5%), and it should be noted that the second-half plan calls for a year-on-year decrease in profit. The full-year earnings forecast was revised upward as of May 14, 2026.

The highly concentrated structure in which SMM Business net sales account for 93.0% of the total (interim: ¥3,862 million of ¥4,151 million) remains unchanged. The high degree of transaction dependence on the parent company CyberAgent group entails the risk of earnings fluctuation in the event of a change in group policy. The Other segment (HR Business, Affiliate Business, CVC Business) recorded net sales of ¥38 million and an operating loss of ¥15 million in the interim period, and the lack of progress in revenue diversification is also an issue. The earnings contribution of the two newly consolidated companies (Men's B.P. and BuzzInnovation) appears minor at this point.

Based on a resolution of the Board of Directors on May 14, 2026, a two-for-one stock split of common stock is planned to be implemented as of July 1, 2026 (total number of issued shares after the split: 8,172,840 shares). The purpose is to lower the investment unit to improve liquidity and expand the investor base, and there will be no change to the amount of capital. While the stock split itself has no direct impact on business performance, improved stock liquidity may contribute to expanding the shareholder base over the medium to long term. Note that interim net profit per share on a post-split basis (adjusted) was ¥32.62.

Growth Strategy

Capturing SMM market growth through strengthening proprietary products, leveraging newly consolidated subsidiaries, and expanding the investor base via a stock split

Improving SMM Business gross margin and operating margin by increasing the proportion of proprietary products such as the influencer services "NINARY" and "Ripre" and the SNS advertising service "tobuy." The SMM Business operating margin for the first half of FY2026 (ending March 2026) reached 20.8% (a substantial improvement year-on-year), with results already becoming apparent.

From the first half of FY2026 (ending March 2026), Men's B.P. Co., Ltd. and BuzzInnovation Co., Ltd. were newly consolidated, expanding the business domains of the SMM Business and Other segments. While the current earnings contribution appears minor, this is positioned as a foundation for medium- to long-term revenue diversification.

Driven by growth in orders for BtoB event solutions on WithLIVE (for record labels and production companies) and the effects of BtoC initiatives, the first half of FY2026 (ending March 2026) achieved net sales of ¥249 million (up 16.6% year-on-year) and operating profit of ¥41 million (up 161.3% year-on-year). Growth continues against the backdrop of an expanding fan engagement (oshikatsu) market.

A stock split of common stock at a ratio of 2 shares for every 1 share held is planned to take effect on July 1, 2026 (record date: June 30, 2026). By lowering the investment unit amount, the company aims to improve stock liquidity and expand its investor base. The total number of issued shares after the split is expected to be 8,172,840. There will be no change to capital stock.

Last updated: July 17, 2026