GREE, Inc. reported FY2022 3Q net sales of ¥20.8 billion and operating income of ¥3.6 billion, with the Internet and Entertainment segment contributing ¥3.1 billion.
02
The February 10 launch of 'Heaven Burns Red' was a primary revenue driver, supported by a significant increase in advertising spend to approximately ¥900 million.
03
The Investment and Incubation business maintained stability with ¥0.4 billion in operating income and total assets under management reaching ¥71.4 billion.
04
Management projects 4Q operating income for the Internet and Entertainment business to range between ¥2.5 billion and ¥3.0 billion, dependent on the performance of new titles.
05
The company maintains a steady dividend policy of ¥11 per share, targeting a 2% dividend-on-equity (DOE) and a minimum consolidated payout ratio of 20%.
06
Strategic growth efforts include a focus on global Metaverse expansion via the REALITY platform and the continued development of 2–3 in-house titles annually alongside SaaS offerings like 'aumo My Business'.
Insights
01
GREE, Inc. reported FY2022 3Q net sales of ¥20.8 billion and operating income of ¥3.6 billion, with the Internet and Entertainment segment contributing ¥3.1 billion.
02
The February 10 launch of 'Heaven Burns Red' was a primary revenue driver, supported by a significant increase in advertising spend to approximately ¥900 million.
03
The Investment and Incubation business maintained stability with ¥0.4 billion in operating income and total assets under management reaching ¥71.4 billion.
04
Management projects 4Q operating income for the Internet and Entertainment business to range between ¥2.5 billion and ¥3.0 billion, dependent on the performance of new titles.
05
The company maintains a steady dividend policy of ¥11 per share, targeting a 2% dividend-on-equity (DOE) and a minimum consolidated payout ratio of 20%.
06
Strategic growth efforts include a focus on global Metaverse expansion via the REALITY platform and the continued development of 2–3 in-house titles annually alongside SaaS offerings like 'aumo My Business'.