Updated Jun 25, 2026 by GREE
Net sales for Q1 FY2015 fell 9.9% year-over-year to ¥25.4 billion, driven by the underperformance of existing titles in both domestic and international markets.
Operating income remained flat at ¥6.4 billion despite the sales decline, supported by a ¥1.4 billion reduction in advertising expenditures.
Ordinary income saw a significant boost of ¥2.27 billion, primarily attributed to a ¥17.2 billion exchange gain on USD-denominated loans.
Net income was reduced to ¥3.48 billion after accounting for a ¥2.03 billion extraordinary loss related to asset write-downs for discontinued titles.
The company is shifting its strategic focus toward native game development, having added 12 new production lines and scheduled three first-party native titles for a winter launch.
Total costs decreased by 7% to ¥19.0 billion, achieved through a 13% quarter-over-quarter reduction in advertising and lower commission fees.
Management forecasts FY15 first-half net sales of ¥49.0 billion and operating income of ¥10.5 billion, relying on native hit titles as the primary growth driver.
Net sales for Q1 FY2015 fell 9.9% year-over-year to ¥25.4 billion, driven by the underperformance of existing titles in both domestic and international markets.
Operating income remained flat at ¥6.4 billion despite the sales decline, supported by a ¥1.4 billion reduction in advertising expenditures.
Ordinary income saw a significant boost of ¥2.27 billion, primarily attributed to a ¥17.2 billion exchange gain on USD-denominated loans.
Net income was reduced to ¥3.48 billion after accounting for a ¥2.03 billion extraordinary loss related to asset write-downs for discontinued titles.
The company is shifting its strategic focus toward native game development, having added 12 new production lines and scheduled three first-party native titles for a winter launch.
Total costs decreased by 7% to ¥19.0 billion, achieved through a 13% quarter-over-quarter reduction in advertising and lower commission fees.
Management forecasts FY15 first-half net sales of ¥49.0 billion and operating income of ¥10.5 billion, relying on native hit titles as the primary growth driver.