Updated Mar 23, 2026 by GREE
GREE reported its strongest quarterly performance of FY2011, with net sales rising 29% to ¥21,093 million and operating profit increasing 19% to ¥9,789 million.
The company’s global user base reached 123.6 million, bolstered significantly by the acquisition of OpenFeint, which added 50 million users to the platform.
Revenue streams showed strong diversification, with paid-service sales reaching ¥18,387 million and advertising revenue growing to ¥3,000 million.
Operating expenses increased 37% year-over-year, driven primarily by a 27% rise in advertising spend and costs associated with data-center decentralization.
Strategic expansion efforts included the launch of the 'GREE Market' app store on KDDI’s Android platform and new partnerships with Tencent and SK Telecom.
Management forecasts for FY2012 target net sales between ¥90–100 billion and operating profit between ¥40–50 billion.
GREE reported its strongest quarterly performance of FY2011, with net sales rising 29% to ¥21,093 million and operating profit increasing 19% to ¥9,789 million.
The company’s global user base reached 123.6 million, bolstered significantly by the acquisition of OpenFeint, which added 50 million users to the platform.
Revenue streams showed strong diversification, with paid-service sales reaching ¥18,387 million and advertising revenue growing to ¥3,000 million.
Operating expenses increased 37% year-over-year, driven primarily by a 27% rise in advertising spend and costs associated with data-center decentralization.
Strategic expansion efforts included the launch of the 'GREE Market' app store on KDDI’s Android platform and new partnerships with Tencent and SK Telecom.
Management forecasts for FY2012 target net sales between ¥90–100 billion and operating profit between ¥40–50 billion.