Key insights
5 takeaways · ~2 min read- 01
GREE reported ¥14.9 billion in net sales and ¥2.5 billion in operating income for the first quarter of FY2017.
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Quarter-over-quarter profit growth was driven by the strong performance of new game titles and successful cost-management initiatives.
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The domestic native game business experienced growth fueled by the launch of two new titles.
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The company is pursuing further growth in its overseas native game business through the acquisition of hit titles.
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The company’s strategy for the quarter included a 'native game new release blitz' that yielded a positive start.
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