Full-year forecasts were revised downward by 17-18% for sales and 29-32% for profits due to the postponement of major titles and underperforming overseas KPIs.

According to "FY 2013 Second Quarter Financial Results": Full-year forecasts were revised downward by 17-18% for sales and 29-32% for profits due to the postponement of major titles and underperforming overseas KPIs.

Q2 net sales reached 39,407 million yen, a 4% quarter-on-quarter increase driven by the consolidation of Pokelabo, Inc. and recovering coin consumption in Japan.

According to "FY 2013 Second Quarter Financial Results": Q2 net sales reached 39,407 million yen, a 4% quarter-on-quarter increase driven by the consolidation of Pokelabo, Inc. and recovering coin consumption in Japan.

Year-on-year performance declined, with net sales down 5% and operating profit falling 37% to 14,258 million yen.

According to "FY 2013 Second Quarter Financial Results": Year-on-year performance declined, with net sales down 5% and operating profit falling 37% to 14,258 million yen.

The company is struggling with a structural transition from feature phones to smartphones, resulting in declining legacy advertising revenue and higher marketing and labor costs.

According to "FY 2013 Second Quarter Financial Results": The company is struggling with a structural transition from feature phones to smartphones, resulting in declining legacy advertising revenue and higher marketing and labor costs.

International coin consumption showed an upward trend starting in October 2012, bolstered by the success of the title Modern War in the United States.

According to "FY 2013 Second Quarter Financial Results": International coin consumption showed an upward trend starting in October 2012, bolstered by the success of the title Modern War in the United States.

Future strategy prioritizes a shift toward smartphone-native content and new genres beyond card battle games to drive a projected recovery in fiscal year 2014.

According to "FY 2013 Second Quarter Financial Results": Future strategy prioritizes a shift toward smartphone-native content and new genres beyond card battle games to drive a projected recovery in fiscal year 2014.

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Key Insights

FY 2013 Second Quarter Financial Results

GREE~13 min full read

01
Full-year forecasts were revised downward by 17-18% for sales and 29-32% for profits due to the postponement of major titles and underperforming overseas KPIs.
02
Q2 net sales reached 39,407 million yen, a 4% quarter-on-quarter increase driven by the consolidation of Pokelabo, Inc. and recovering coin consumption in Japan.
03
Year-on-year performance declined, with net sales down 5% and operating profit falling 37% to 14,258 million yen.
04
The company is struggling with a structural transition from feature phones to smartphones, resulting in declining legacy advertising revenue and higher marketing and labor costs.
05
International coin consumption showed an upward trend starting in October 2012, bolstered by the success of the title Modern War in the United States.
06
Future strategy prioritizes a shift toward smartphone-native content and new genres beyond card battle games to drive a projected recovery in fiscal year 2014.

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