- 01
GREE Inc. reported Q3 FY2020 net sales of ¥15.4 billion and an operating income of ¥1.2 billion, achieving an 8.0% operating income ratio through cost discipline.
- 02
Profitability improved due to reduced advertising and depreciation expenses, alongside the strategic closure of underperforming gaming titles.
- 03
The global expansion of Another Eden drove a 1.4x quarter-on-quarter increase in overseas sales following its launch in 29 additional territories.
- 04
The company is preparing for future growth with a pipeline of four to six titles for FY2021 and beyond, including the global launch of SINoALICE and the media-mix project Assault Lily: Last Bullet.
- 05
Management expects a weaker Q4 due to COVID-19-related advertising headwinds and anticipated one-time losses from ongoing structural reforms and portfolio reviews.
- 06
GREE is maintaining shareholder returns through a ¥2.5 billion stock repurchase program and a stable dividend forecast of ¥10 per share.
- 07
The company’s geographic footprint has expanded to over 130 countries and territories, while the REALITY platform continues to scale within the live entertainment segment.