Updated Jun 25, 2026 by GREE
GREE reported strong Q3 fiscal 2011 growth with net sales reaching ¥16.4 billion, a 14% increase quarter-over-quarter and 77% year-over-year.
Operating profit grew 18% to ¥8.2 billion, maintaining a high profit margin of approximately 50%.
The platform reached over 25 million registered members, with 48% of the user base in the 30s and 40s demographic, which correlates with higher average spending.
International expansion is being prioritized through the acquisition of OpenFeint, which brings 75 million users, and a strategic partnership with Tencent to access a 650-million user base.
The company is aggressively shifting toward a mobile-first ecosystem by launching the 'GREE Platform for Smartphone' across web, iOS, and Android with new integrated advertising and payment programs.
Total assets grew 15% to ¥46.4 billion during the quarter, while retained earnings increased by 20% year-over-year.
Despite the Tohoku earthquake, the company reported minimal impact on paid-service income and successfully raised ¥288 million in total donations for relief efforts.
GREE reported strong Q3 fiscal 2011 growth with net sales reaching ¥16.4 billion, a 14% increase quarter-over-quarter and 77% year-over-year.
Operating profit grew 18% to ¥8.2 billion, maintaining a high profit margin of approximately 50%.
The platform reached over 25 million registered members, with 48% of the user base in the 30s and 40s demographic, which correlates with higher average spending.
International expansion is being prioritized through the acquisition of OpenFeint, which brings 75 million users, and a strategic partnership with Tencent to access a 650-million user base.
The company is aggressively shifting toward a mobile-first ecosystem by launching the 'GREE Platform for Smartphone' across web, iOS, and Android with new integrated advertising and payment programs.
Total assets grew 15% to ¥46.4 billion during the quarter, while retained earnings increased by 20% year-over-year.
Despite the Tohoku earthquake, the company reported minimal impact on paid-service income and successfully raised ¥288 million in total donations for relief efforts.