Updated Mar 17, 2026 by GREE
GREE reported a 4% quarter-on-quarter decline in net sales to ¥37.8 billion and a 24% drop in operating profit to ¥10.8 billion, leading to a downward revision of its full-year forecast.
The company recorded a ¥4.03 billion extraordinary loss due to asset write-offs and is implementing a 'selection and concentration' strategy to streamline operations, including closing its China studio.
Management is narrowing the development pipeline to 15–20 domestic and five overseas smartphone titles for the year to enforce stricter cost controls.
Overseas coin consumption doubled during the quarter, and the company aims to reach cash-basis profitability for international operations by December 2013.
GREE maintains a domestic user base of 40.8 million and remains a top-ten global publisher on both Google Play and the App Store.
Strategic initiatives include leveraging partnerships with Yahoo! JAPAN and CyberAgent, alongside integrating Pokelabo to improve iOS performance.
To address previous system failures regarding spending limits for minors, the company has established new compliance committees and 24/7 monitoring systems.
GREE reported a 4% quarter-on-quarter decline in net sales to ¥37.8 billion and a 24% drop in operating profit to ¥10.8 billion, leading to a downward revision of its full-year forecast.
The company recorded a ¥4.03 billion extraordinary loss due to asset write-offs and is implementing a 'selection and concentration' strategy to streamline operations, including closing its China studio.
Management is narrowing the development pipeline to 15–20 domestic and five overseas smartphone titles for the year to enforce stricter cost controls.
Overseas coin consumption doubled during the quarter, and the company aims to reach cash-basis profitability for international operations by December 2013.
GREE maintains a domestic user base of 40.8 million and remains a top-ten global publisher on both Google Play and the App Store.
Strategic initiatives include leveraging partnerships with Yahoo! JAPAN and CyberAgent, alongside integrating Pokelabo to improve iOS performance.
To address previous system failures regarding spending limits for minors, the company has established new compliance committees and 24/7 monitoring systems.