Updated Mar 17, 2026 by GREE
GREE, Inc. achieved significant growth in the third quarter of fiscal year 2011, with net sales reaching 16,372 million yen (a 77% year-over-year increase) and operating profit rising 56% to 8,199 million yen.
The company maintained a 50% operating profit margin, primarily driven by the monetization of original games and the expansion of the GREE Platform.
GREE solidified its position as Japan’s leading social networking service, reaching over 25 million members with a demographic where 48% of users are aged 30 or older.
To facilitate international expansion, GREE acquired OpenFeint to gain access to 75 million users in North America and formed a strategic alliance with Tencent in China.
The company established a global footprint by opening offices in Beijing, Singapore, and London, and creating dedicated North American subsidiaries.
Future growth strategy centers on achieving multi-OS compatibility for smartphones, diversifying payment methods, and scaling the GREE Ad Program to support partner monetization.
GREE, Inc. achieved significant growth in the third quarter of fiscal year 2011, with net sales reaching 16,372 million yen (a 77% year-over-year increase) and operating profit rising 56% to 8,199 million yen.
The company maintained a 50% operating profit margin, primarily driven by the monetization of original games and the expansion of the GREE Platform.
GREE solidified its position as Japan’s leading social networking service, reaching over 25 million members with a demographic where 48% of users are aged 30 or older.
To facilitate international expansion, GREE acquired OpenFeint to gain access to 75 million users in North America and formed a strategic alliance with Tencent in China.
The company established a global footprint by opening offices in Beijing, Singapore, and London, and creating dedicated North American subsidiaries.
Future growth strategy centers on achieving multi-OS compatibility for smartphones, diversifying payment methods, and scaling the GREE Ad Program to support partner monetization.