Updated Mar 17, 2026 by GREE
GREE achieved significant financial growth for Q1 ending September 2011, with net sales rising 145% year-over-year to 30.4 billion yen and operating profit increasing 168% to 16.6 billion yen.
The company raised its full-year net sales forecast by 40% to a range of 130–140 billion yen, driven by faster-than-expected monetization of smartphone content in Japan.
GREE reached 155.4 million registered users worldwide, with international users now accounting for over 82% of the total base.
Revenue growth was primarily fueled by a 49.5% quarterly increase in paid services sales, specifically from in-house social games and smartphone monetization.
The company is executing a global expansion strategy through the integration of the OpenFeint developer network and the establishment of new subsidiaries across Europe, Asia, and South America.
Strategic diversification efforts include the launch of GREE Ventures to target Southeast Asian startups and the acquisition of FEYNMAN Co., Ltd. to bolster the company's smartphone application portfolio.
GREE achieved significant financial growth for Q1 ending September 2011, with net sales rising 145% year-over-year to 30.4 billion yen and operating profit increasing 168% to 16.6 billion yen.
The company raised its full-year net sales forecast by 40% to a range of 130–140 billion yen, driven by faster-than-expected monetization of smartphone content in Japan.
GREE reached 155.4 million registered users worldwide, with international users now accounting for over 82% of the total base.
Revenue growth was primarily fueled by a 49.5% quarterly increase in paid services sales, specifically from in-house social games and smartphone monetization.
The company is executing a global expansion strategy through the integration of the OpenFeint developer network and the establishment of new subsidiaries across Europe, Asia, and South America.
Strategic diversification efforts include the launch of GREE Ventures to target Southeast Asian startups and the acquisition of FEYNMAN Co., Ltd. to bolster the company's smartphone application portfolio.