- 01
GREE reported Q2 FY2019 net sales of ¥17.7 billion and operating income of ¥1.0 billion, reflecting a year-over-year decline in profitability due to deliberate reinvestment strategies.
- 02
The company maintains a strong liquidity position with ¥86.9 billion in net cash, which is being deployed to fund the development of the REALITY Avatar platform and the growth of the media app aumo.
- 03
GREE is shifting its business model from domestic mobile dominance toward a global, multi-platform strategy, including self-distribution in international markets and the release of titles like Fishing Star on Nintendo Switch.
- 04
Operating income is projected to decline further in Q3 to between ¥0.3 billion and ¥0.8 billion as the company continues to absorb high development and overseas marketing costs.
- 05
To offset investment costs, the organization is streamlining operations by withdrawing from unprofitable titles and optimizing its workforce, which totaled 1,701 employees as of December 2018.
- 06
Core intellectual properties, specifically DanMachi and Another Eden, are being prioritized for international expansion to support the company's long-term growth objectives.