Cybozu raises financial forecasts, invests in sports entertainment

Cybozu (TSE:4776) has revised its consolidated and non-consolidated financial forecasts upwards for the fiscal year ending December 31, 2025, citing stronger-than-expected performance in its cloud-related business. Consolidated net sales are now projected to be JPY37,202 million, an increase of JPY1,198 million from the previous forecast. Operating profit is expected to rise by JPY614 million to JPY9,051 million, and net income attributable to owners of the parent is projected at JPY6,280 million, up by JPY376 million. Similarly, non-consolidated net sales are revised to JPY35,993 million, with operating profit rising to JPY10,562 million.