GREE Inc. reported FY2022 Q1 net sales of ¥13.7 billion and operating income of ¥1.6 billion, supported by a new two-segment structure consisting of Internet/Entertainment and Investment/Incubation.

According to "FY2022 1Q Financial Results Briefing": GREE Inc. reported FY2022 Q1 net sales of ¥13.7 billion and operating income of ¥1.6 billion, supported by a new two-segment structure consisting of Internet/Entertainment and Investment/Incubation.

The company launched a stock-repurchase program of up to 35 million shares valued at ¥35 billion, aiming to improve shareholder returns and drive ROE above 10%.

According to "FY2022 1Q Financial Results Briefing": The company launched a stock-repurchase program of up to 35 million shares valued at ¥35 billion, aiming to improve shareholder returns and drive ROE above 10%.

Investment activities generated significant profit, with ¥43 billion in assets under management and direct investments of ¥31.1 billion yielding unrealized gains that roughly doubled the invested capital.

According to "FY2022 1Q Financial Results Briefing": Investment activities generated significant profit, with ¥43 billion in assets under management and direct investments of ¥31.1 billion yielding unrealized gains that roughly doubled the invested capital.

Operating income for the Internet segment reached ¥0.5 billion, exceeding forecasts despite a decline in game sales following anniversary events for flagship titles Another Eden and SINoALICE.

According to "FY2022 1Q Financial Results Briefing": Operating income for the Internet segment reached ¥0.5 billion, exceeding forecasts despite a decline in game sales following anniversary events for flagship titles Another Eden and SINoALICE.

New title 'That Time I Got Reincarnated as a Slime' reached the top-10 app sales ranking, while the company continues to focus on the metaverse through the expansion of the REALITY platform.

According to "FY2022 1Q Financial Results Briefing": New title 'That Time I Got Reincarnated as a Slime' reached the top-10 app sales ranking, while the company continues to focus on the metaverse through the expansion of the REALITY platform.

Total costs decreased by ¥0.6 billion quarter-on-quarter to ¥12.1 billion, though advertising expenses rose by ¥0.3 billion to support metaverse promotion.

According to "FY2022 1Q Financial Results Briefing": Total costs decreased by ¥0.6 billion quarter-on-quarter to ¥12.1 billion, though advertising expenses rose by ¥0.3 billion to support metaverse promotion.

The Q2 outlook projects operating income in the several-hundred-million-yen range, reflecting increased spending on outsourcing and advertising for upcoming releases like 'Heaven Burns Red'.

According to "FY2022 1Q Financial Results Briefing": The Q2 outlook projects operating income in the several-hundred-million-yen range, reflecting increased spending on outsourcing and advertising for upcoming releases like 'Heaven Burns Red'.

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Key Insights

FY2022 1Q Financial Results Briefing

GREE~8 min full read

01
GREE Inc. reported FY2022 Q1 net sales of ¥13.7 billion and operating income of ¥1.6 billion, supported by a new two-segment structure consisting of Internet/Entertainment and Investment/Incubation.
See it on page 1
02
The company launched a stock-repurchase program of up to 35 million shares valued at ¥35 billion, aiming to improve shareholder returns and drive ROE above 10%.
See it on page 2
03
Investment activities generated significant profit, with ¥43 billion in assets under management and direct investments of ¥31.1 billion yielding unrealized gains that roughly doubled the invested capital.
See it on page 4
04
Operating income for the Internet segment reached ¥0.5 billion, exceeding forecasts despite a decline in game sales following anniversary events for flagship titles Another Eden and SINoALICE.
See it on page 1
05
New title 'That Time I Got Reincarnated as a Slime' reached the top-10 app sales ranking, while the company continues to focus on the metaverse through the expansion of the REALITY platform.
See it on page 3
06
Total costs decreased by ¥0.6 billion quarter-on-quarter to ¥12.1 billion, though advertising expenses rose by ¥0.3 billion to support metaverse promotion.
See it on page 2
07
The Q2 outlook projects operating income in the several-hundred-million-yen range, reflecting increased spending on outsourcing and advertising for upcoming releases like 'Heaven Burns Red'.
See it on page 2

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