Updated Mar 17, 2026 by GREE
GREE reported a net loss of ¥10.3 billion for FY2015, primarily driven by a ¥14.2 billion goodwill impairment charge related to its North American subsidiary, Funzio.
Net sales for FY2015 reached ¥92.5 billion with an operating income of ¥20.2 billion, supported by a 16% reduction in fixed costs.
Quarter-over-quarter coin consumption fell 11% to 27.9 billion, reflecting weakening performance in legacy web games and international markets.
The company completed its strategic transition from web-based games to native mobile applications, resulting in a 30% improvement in retention for core titles.
GREE maintains a stable financial position with ¥76.4 billion in net cash and a significant reduction in interest-bearing debt.
To rebuild North American operations and drive growth in FY2016, the company plans to launch 15 new native titles and further reduce fixed costs by 10%.
The company is diversifying its business model beyond gaming by expanding into home services and health platforms to stabilize long-term revenue streams.
GREE reported a net loss of ¥10.3 billion for FY2015, primarily driven by a ¥14.2 billion goodwill impairment charge related to its North American subsidiary, Funzio.
Net sales for FY2015 reached ¥92.5 billion with an operating income of ¥20.2 billion, supported by a 16% reduction in fixed costs.
Quarter-over-quarter coin consumption fell 11% to 27.9 billion, reflecting weakening performance in legacy web games and international markets.
The company completed its strategic transition from web-based games to native mobile applications, resulting in a 30% improvement in retention for core titles.
GREE maintains a stable financial position with ¥76.4 billion in net cash and a significant reduction in interest-bearing debt.
To rebuild North American operations and drive growth in FY2016, the company plans to launch 15 new native titles and further reduce fixed costs by 10%.
The company is diversifying its business model beyond gaming by expanding into home services and health platforms to stabilize long-term revenue streams.