Updated Mar 23, 2026 by GREE
GREE Inc. reported Q2 2020 net sales of ¥16.4 billion and operating income of ¥0.8 billion, both exceeding initial forecasts.
Net income reached ¥2.6 billion, bolstered significantly by a ¥3.0 billion gain from the sale of investment securities.
The first-party IP 'Another Eden' saw overseas sales increase 2.7-fold between November and December 2019, driven by intensified global marketing in the U.S., Europe, and Asia.
The company’s investment securities portfolio holds an assessed value of ¥36 billion against a book value of ¥19 billion, indicating strong asset performance.
Future growth strategy includes the release of one additional title in FY20 and 4–6 new titles in FY21, featuring collaborations such as 'Heaven Burns Red' with Visual Arts and 'Assault Lily: Last Bullet' with SYMPHOGEAR.
Operating expenses rose due to increased advertising and commission costs, while fixed costs were impacted by a one-time depreciation expense related to office relocations.
The live-entertainment platform REALITY is expanding its technical capabilities through the introduction of low-latency mode and a partnership with Cluster Inc. for avatar integration.
GREE Inc. reported Q2 2020 net sales of ¥16.4 billion and operating income of ¥0.8 billion, both exceeding initial forecasts.
Net income reached ¥2.6 billion, bolstered significantly by a ¥3.0 billion gain from the sale of investment securities.
The first-party IP 'Another Eden' saw overseas sales increase 2.7-fold between November and December 2019, driven by intensified global marketing in the U.S., Europe, and Asia.
The company’s investment securities portfolio holds an assessed value of ¥36 billion against a book value of ¥19 billion, indicating strong asset performance.
Future growth strategy includes the release of one additional title in FY20 and 4–6 new titles in FY21, featuring collaborations such as 'Heaven Burns Red' with Visual Arts and 'Assault Lily: Last Bullet' with SYMPHOGEAR.
Operating expenses rose due to increased advertising and commission costs, while fixed costs were impacted by a one-time depreciation expense related to office relocations.
The live-entertainment platform REALITY is expanding its technical capabilities through the introduction of low-latency mode and a partnership with Cluster Inc. for avatar integration.