Updated Mar 17, 2026 by GREE
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.
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.
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.
GREE maintains a stable financial foundation with ¥89.7 billion in net assets and a workforce of 1,632 employees.
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.
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.
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.
GREE maintains a stable financial foundation with ¥89.7 billion in net assets and a workforce of 1,632 employees.