GREE reported Q1 FY2023 net sales of ¥16.6 billion and operating income of ¥1.6 billion, reflecting a profit decline compared to the previous fiscal year's high-performing anniversary events.

According to "FY2023 First Quarter Financial Results": GREE reported Q1 FY2023 net sales of ¥16.6 billion and operating income of ¥1.6 billion, reflecting a profit decline compared to the previous fiscal year's high-performing anniversary events.

The Metaverse platform REALITY reached over 10 million global downloads across 63 countries, serving as a primary pillar for the company's long-term growth strategy.

According to "FY2023 First Quarter Financial Results": The Metaverse platform REALITY reached over 10 million global downloads across 63 countries, serving as a primary pillar for the company's long-term growth strategy.

The Investment and Incubation segment grew its assets under management to ¥78.9 billion, an increase of ¥7.3 billion from the previous quarter.

According to "FY2023 First Quarter Financial Results": The Investment and Incubation segment grew its assets under management to ¥78.9 billion, an increase of ¥7.3 billion from the previous quarter.

The Game and Anime segment performance was anchored by the continued success of the title Heaven Burns Red, which maintained high sales rankings through content expansions.

According to "FY2023 First Quarter Financial Results": The Game and Anime segment performance was anchored by the continued success of the title Heaven Burns Red, which maintained high sales rankings through content expansions.

The company holds ¥32.6 billion in unrealized valuation from operational investment securities, supporting its ongoing global venture capital and startup investment strategy.

According to "FY2023 First Quarter Financial Results": The company holds ¥32.6 billion in unrealized valuation from operational investment securities, supporting its ongoing global venture capital and startup investment strategy.

Management anticipates a year-on-year decline in total profit for FY2023 due to a high baseline from the previous year and deliberate, aggressive reinvestment into Metaverse development.

According to "FY2023 First Quarter Financial Results": Management anticipates a year-on-year decline in total profit for FY2023 due to a high baseline from the previous year and deliberate, aggressive reinvestment into Metaverse development.

GREE maintains a stable financial foundation with ¥89.7 billion in net assets and a workforce of 1,632 employees.

According to "FY2023 First Quarter Financial Results": GREE maintains a stable financial foundation with ¥89.7 billion in net assets and a workforce of 1,632 employees.

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Key Insights

FY2023 First Quarter Financial Results

GREE~10 min full read

01
GREE reported Q1 FY2023 net sales of ¥16.6 billion and operating income of ¥1.6 billion, reflecting a profit decline compared to the previous fiscal year's high-performing anniversary events.
See it on page 5
02
The Metaverse platform REALITY reached over 10 million global downloads across 63 countries, serving as a primary pillar for the company's long-term growth strategy.
See it on page 14
03
The Investment and Incubation segment grew its assets under management to ¥78.9 billion, an increase of ¥7.3 billion from the previous quarter.
See it on page 19
04
The Game and Anime segment performance was anchored by the continued success of the title Heaven Burns Red, which maintained high sales rankings through content expansions.
See it on page 11
05
The company holds ¥32.6 billion in unrealized valuation from operational investment securities, supporting its ongoing global venture capital and startup investment strategy.
See it on page 19
06
Management anticipates a year-on-year decline in total profit for FY2023 due to a high baseline from the previous year and deliberate, aggressive reinvestment into Metaverse development.
See it on page 2
07
GREE maintains a stable financial foundation with ¥89.7 billion in net assets and a workforce of 1,632 employees.
See it on page 23

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