Updated Mar 17, 2026 by GREE
GREE reported Q2 FY2018 net sales of ¥19.5 billion and operating income of ¥2.3 billion, exceeding internal targets despite a quarter-over-quarter revenue decline.
Total costs decreased by ¥1.8 billion to ¥17.1 billion, primarily achieved through more efficient advertising spend and the closure of overseas business bases.
The company entered the console market with the global release of Fishing Star for the Nintendo Switch, marking a strategic expansion beyond its core mobile business.
GREE’s advertising and media segment saw significant growth, with page views for platforms LIMIA and MINE BY 3M increasing 1.8x quarter-over-quarter.
The company maintains a stable financial position with ¥83 billion in net cash and a consolidated headcount of 1,360 employees.
Future strategy focuses on a Japan-based development system for global distribution, supported by a pipeline of five new mobile titles and continued cost control.
Management forecasts Q3 net sales of ¥19.5 billion and an operating income of ¥2.5 billion.
GREE reported Q2 FY2018 net sales of ¥19.5 billion and operating income of ¥2.3 billion, exceeding internal targets despite a quarter-over-quarter revenue decline.
Total costs decreased by ¥1.8 billion to ¥17.1 billion, primarily achieved through more efficient advertising spend and the closure of overseas business bases.
The company entered the console market with the global release of Fishing Star for the Nintendo Switch, marking a strategic expansion beyond its core mobile business.
GREE’s advertising and media segment saw significant growth, with page views for platforms LIMIA and MINE BY 3M increasing 1.8x quarter-over-quarter.
The company maintains a stable financial position with ¥83 billion in net cash and a consolidated headcount of 1,360 employees.
Future strategy focuses on a Japan-based development system for global distribution, supported by a pipeline of five new mobile titles and continued cost control.
Management forecasts Q3 net sales of ¥19.5 billion and an operating income of ¥2.5 billion.