Updated Mar 23, 2026 by GREE
GREE reported FY2018 Q2 net sales of ¥19.5 billion and operating income of ¥2.3 billion, both exceeding internal targets.
The company is pivoting toward console gaming, with 'The Fishing Star' confirmed for Nintendo Switch and a global release currently in development.
While year-on-year growth was positive, quarterly sales moderated by approximately 10 percentage points due to reduced advertising spend and lower commission fees.
Operating margin held steady at 12%, supported by strict cost controls on labor and outsourcing that offset the impact of lower sales.
Mobile performance was driven by the launch of 'Library Cross Infinite' and ongoing updates to key titles including 'Another Eden,' 'Danmachi,' 'SINoALICE,' 'SYMPHOGEAR,' and 'Puchiguru Love Live.'
GREE has approved five new mobile titles for development, with three of those games scheduled for release within the current fiscal year.
The FY2018 Q3 forecast projects flat net sales of ¥19.5 billion and an increase in operating income to ¥2.5 billion.
GREE reported FY2018 Q2 net sales of ¥19.5 billion and operating income of ¥2.3 billion, both exceeding internal targets.
The company is pivoting toward console gaming, with 'The Fishing Star' confirmed for Nintendo Switch and a global release currently in development.
While year-on-year growth was positive, quarterly sales moderated by approximately 10 percentage points due to reduced advertising spend and lower commission fees.
Operating margin held steady at 12%, supported by strict cost controls on labor and outsourcing that offset the impact of lower sales.
Mobile performance was driven by the launch of 'Library Cross Infinite' and ongoing updates to key titles including 'Another Eden,' 'Danmachi,' 'SINoALICE,' 'SYMPHOGEAR,' and 'Puchiguru Love Live.'
GREE has approved five new mobile titles for development, with three of those games scheduled for release within the current fiscal year.
The FY2018 Q3 forecast projects flat net sales of ¥19.5 billion and an increase in operating income to ¥2.5 billion.