Updated Mar 17, 2026 by GREE
GREE reported Q2 FY2016 net sales of ¥18.1 billion and operating income of ¥4.0 billion, exceeding internal targets despite a year-over-year revenue decline.
Profitability was supported by a ¥3.2 billion reduction in fixed costs and the stabilization of coin consumption in overseas markets.
The company is shifting focus to native game development, with 11 titles currently in the pipeline and the domestic title 'Shometsu Toshi' achieving record monthly sales.
Legacy web game operations have been transitioned to a specialized subsidiary, Funplex, to maintain steady profitability while managing the natural decline of older titles.
GREE is diversifying into non-gaming sectors, specifically targeting multi-billion yen sales by FY2018 for its Renoco renovation service and Lespas fitness network.
Full-year fiscal guidance is set at ¥72.0 billion in net sales and ¥14.0 billion in operating income, reflecting a conservative outlook on legacy web game performance.
The company is investing in emerging technologies through the GREE VR Studio to secure early market positioning.
GREE reported Q2 FY2016 net sales of ¥18.1 billion and operating income of ¥4.0 billion, exceeding internal targets despite a year-over-year revenue decline.
Profitability was supported by a ¥3.2 billion reduction in fixed costs and the stabilization of coin consumption in overseas markets.
The company is shifting focus to native game development, with 11 titles currently in the pipeline and the domestic title 'Shometsu Toshi' achieving record monthly sales.
Legacy web game operations have been transitioned to a specialized subsidiary, Funplex, to maintain steady profitability while managing the natural decline of older titles.
GREE is diversifying into non-gaming sectors, specifically targeting multi-billion yen sales by FY2018 for its Renoco renovation service and Lespas fitness network.
Full-year fiscal guidance is set at ¥72.0 billion in net sales and ¥14.0 billion in operating income, reflecting a conservative outlook on legacy web game performance.
The company is investing in emerging technologies through the GREE VR Studio to secure early market positioning.