Updated Mar 17, 2026 by GREE
GREE reported Q1 FY2020 net sales of 15.8 billion yen and an operating income of 1.2 billion yen, significantly exceeding initial forecasts of 100 to 200 million yen.
Operating costs were reduced by 1.5 billion yen through decreased advertising expenditure and the strategic transfer of game operations to improve profitability.
App-based coin consumption remained robust at approximately 10 billion coins for the quarter, offsetting the natural decline in the browser game segment.
The company expanded its global footprint by launching the title DanMachi across 27 European countries as part of a move toward self-sustained international operations.
The development pipeline includes two releases scheduled for the remainder of FY2020 and four to six additional titles currently in development for FY2021.
GREE realized extraordinary income from the listing of Bushiroad, highlighting the increasing valuation of its investment securities portfolio.
Management projects a Q2 FY2020 operating income of 0.5 billion yen, reflecting planned increases in advertising investment to support long-term title momentum.
GREE reported Q1 FY2020 net sales of 15.8 billion yen and an operating income of 1.2 billion yen, significantly exceeding initial forecasts of 100 to 200 million yen.
Operating costs were reduced by 1.5 billion yen through decreased advertising expenditure and the strategic transfer of game operations to improve profitability.
App-based coin consumption remained robust at approximately 10 billion coins for the quarter, offsetting the natural decline in the browser game segment.
The company expanded its global footprint by launching the title DanMachi across 27 European countries as part of a move toward self-sustained international operations.
The development pipeline includes two releases scheduled for the remainder of FY2020 and four to six additional titles currently in development for FY2021.
GREE realized extraordinary income from the listing of Bushiroad, highlighting the increasing valuation of its investment securities portfolio.
Management projects a Q2 FY2020 operating income of 0.5 billion yen, reflecting planned increases in advertising investment to support long-term title momentum.