Updated Mar 17, 2026 by GREE
GREE achieved an operating income of ¥2.5 billion in Q1 FY2017, driven by a ¥1.1 billion quarter-over-quarter reduction in expenditures despite a slight decline in net sales to ¥14.9 billion.
The company projects a first-half fiscal performance of ¥30 billion in net sales and ¥4 billion in operating income, supported by six new domestic titles and the acquisition of the mobile game DragonSoul.
Strategic focus has shifted toward native game development and global expansion to mitigate the decline of legacy web-based titles, evidenced by a 2.4-fold increase in coin consumption for DragonSoul.
Diversification efforts are yielding results, with net sales for home-related and advertising media platforms growing 1.5 times year-over-year.
GREE is expanding its footprint in the virtual reality sector through strategic partnerships with Square Enix and Adores.
Upcoming high-quality original content, including titles such as Another Eden and A Farewell to Arms, remains central to the company's long-term development strategy.
GREE achieved an operating income of ¥2.5 billion in Q1 FY2017, driven by a ¥1.1 billion quarter-over-quarter reduction in expenditures despite a slight decline in net sales to ¥14.9 billion.
The company projects a first-half fiscal performance of ¥30 billion in net sales and ¥4 billion in operating income, supported by six new domestic titles and the acquisition of the mobile game DragonSoul.
Strategic focus has shifted toward native game development and global expansion to mitigate the decline of legacy web-based titles, evidenced by a 2.4-fold increase in coin consumption for DragonSoul.
Diversification efforts are yielding results, with net sales for home-related and advertising media platforms growing 1.5 times year-over-year.
GREE is expanding its footprint in the virtual reality sector through strategic partnerships with Square Enix and Adores.
Upcoming high-quality original content, including titles such as Another Eden and A Farewell to Arms, remains central to the company's long-term development strategy.