The company achieved an operating income of ¥9.95 billion on ¥31.07 billion in net sales, maintaining a 32% operating margin through a 12.6% reduction in fixed costs.

According to "FY 2014 Third Quarter Financial Results": The company achieved an operating income of ¥9.95 billion on ¥31.07 billion in net sales, maintaining a 32% operating margin through a 12.6% reduction in fixed costs.

Financial stability improved significantly with net cash rising to ¥44.78 billion and total liabilities decreasing by over ¥17 billion year-over-year.

According to "FY 2014 Third Quarter Financial Results": Financial stability improved significantly with net cash rising to ¥44.78 billion and total liabilities decreasing by over ¥17 billion year-over-year.

The projected business recovery timeline has been pushed to fiscal year 2015 due to revised release schedules for new titles.

According to "FY 2014 Third Quarter Financial Results": The projected business recovery timeline has been pushed to fiscal year 2015 due to revised release schedules for new titles.

Overseas operations in the United States, Canada, and South Korea achieved quarterly profitability, helping offset a 3% decline in smartphone coin consumption for legacy web games.

According to "FY 2014 Third Quarter Financial Results": Overseas operations in the United States, Canada, and South Korea achieved quarterly profitability, helping offset a 3% decline in smartphone coin consumption for legacy web games.

The domestic user base remains at 53.7 million, with a demographic focus on users aged 30 and older.

According to "FY 2014 Third Quarter Financial Results": The domestic user base remains at 53.7 million, with a demographic focus on users aged 30 and older.

Revenue diversification efforts are underway through expansion into commerce, advertising, and venture capital, supported by the new Wright Flyer Studios label.

According to "FY 2014 Third Quarter Financial Results": Revenue diversification efforts are underway through expansion into commerce, advertising, and venture capital, supported by the new Wright Flyer Studios label.

The company’s workforce of 1,894 employees is being realigned to prioritize native mobile application development over legacy web game operations.

According to "FY 2014 Third Quarter Financial Results": The company’s workforce of 1,894 employees is being realigned to prioritize native mobile application development over legacy web game operations.

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Key Insights

FY 2014 Third Quarter Financial Results

GREE~23 min full read

01
The company achieved an operating income of ¥9.95 billion on ¥31.07 billion in net sales, maintaining a 32% operating margin through a 12.6% reduction in fixed costs.
02
Financial stability improved significantly with net cash rising to ¥44.78 billion and total liabilities decreasing by over ¥17 billion year-over-year.
03
The projected business recovery timeline has been pushed to fiscal year 2015 due to revised release schedules for new titles.
04
Overseas operations in the United States, Canada, and South Korea achieved quarterly profitability, helping offset a 3% decline in smartphone coin consumption for legacy web games.
05
The domestic user base remains at 53.7 million, with a demographic focus on users aged 30 and older.
06
Revenue diversification efforts are underway through expansion into commerce, advertising, and venture capital, supported by the new Wright Flyer Studios label.
07
The company’s workforce of 1,894 employees is being realigned to prioritize native mobile application development over legacy web game operations.

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