Updated Mar 17, 2026 by GREE
GREE achieved an operating income of ¥4.4 billion in Q1 FY2016, marking quarter-on-quarter growth despite a decline in net sales to ¥19.3 billion.
The company reduced total costs by ¥1.8 billion by cutting advertising spend, server leasing fees, and reducing headcount from 1,634 to 1,475 employees.
GREE revised its first-half earnings forecast upward to ¥37.0 billion in net sales and ¥7.0 billion in operating income.
Domestic native game performance reached a one-year high in coin consumption, driven by titles such as Naruto: Shinobi Collection Shippu Ranbu and Shometsu Toshi.
The web game segment maintained profitability despite declining coin consumption by shifting operations offshore to Vietnam and improving management efficiency.
The company has a pipeline of 14 titles in development, including projects like memories of the Blue and various IP-based games scheduled for release in winter 2015.
New business ventures in home-related services and health platforms, specifically Renoco and Lespas, showed steady expansion during the period ending September 30, 2015.
GREE achieved an operating income of ¥4.4 billion in Q1 FY2016, marking quarter-on-quarter growth despite a decline in net sales to ¥19.3 billion.
The company reduced total costs by ¥1.8 billion by cutting advertising spend, server leasing fees, and reducing headcount from 1,634 to 1,475 employees.
GREE revised its first-half earnings forecast upward to ¥37.0 billion in net sales and ¥7.0 billion in operating income.
Domestic native game performance reached a one-year high in coin consumption, driven by titles such as Naruto: Shinobi Collection Shippu Ranbu and Shometsu Toshi.
The web game segment maintained profitability despite declining coin consumption by shifting operations offshore to Vietnam and improving management efficiency.
The company has a pipeline of 14 titles in development, including projects like memories of the Blue and various IP-based games scheduled for release in winter 2015.
New business ventures in home-related services and health platforms, specifically Renoco and Lespas, showed steady expansion during the period ending September 30, 2015.