Updated Mar 23, 2026 by GREE
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%.
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.
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.
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'.
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%.
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.
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.
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'.