Updated Mar 17, 2026 by GREE
GREE reported Q1 FY2018 net sales of ¥21.6 billion and operating income of ¥2.7 billion, marking growth both quarter-on-quarter and year-on-year.
Revenue growth was primarily driven by high coin consumption in hit titles 'Another Eden' and 'SINoALICE', alongside a 2.4x increase in page views within the advertising and media segment.
The company is shifting its cost structure by increasing variable spending on advertising and platform commissions by ¥2.73 billion while reducing fixed costs by ¥0.64 billion.
GREE is pivoting its global strategy by closing select overseas bases to cut fixed labor costs while partnering with Sumitomo Corporation to export Japanese anime-based IP.
The development pipeline currently includes five titles, with a strategic focus on leveraging third-party intellectual property.
Management maintains a conservative net sales forecast of ¥40.5 billion for the first half of FY2018, citing expected performance declines in existing titles.
GREE reported Q1 FY2018 net sales of ¥21.6 billion and operating income of ¥2.7 billion, marking growth both quarter-on-quarter and year-on-year.
Revenue growth was primarily driven by high coin consumption in hit titles 'Another Eden' and 'SINoALICE', alongside a 2.4x increase in page views within the advertising and media segment.
The company is shifting its cost structure by increasing variable spending on advertising and platform commissions by ¥2.73 billion while reducing fixed costs by ¥0.64 billion.
GREE is pivoting its global strategy by closing select overseas bases to cut fixed labor costs while partnering with Sumitomo Corporation to export Japanese anime-based IP.
The development pipeline currently includes five titles, with a strategic focus on leveraging third-party intellectual property.
Management maintains a conservative net sales forecast of ¥40.5 billion for the first half of FY2018, citing expected performance declines in existing titles.