- 01
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.
- 02
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.
- 03
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.
- 04
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.
- 05
The company maintains a stable financial position with ¥83 billion in net cash and a consolidated headcount of 1,360 employees.
- 06
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.
- 07
Management forecasts Q3 net sales of ¥19.5 billion and an operating income of ¥2.5 billion.