Updated Mar 23, 2026 by GREE
GREE, Inc. reported FY2023 Q1 net sales of ¥16.6 billion and operating income of ¥1.58 billion, supported by a ¥2.0 billion reduction in total costs to ¥15.0 billion.
The flagship title 'Heaven Burns Red' remains a primary revenue driver, though sales declined quarter-on-quarter due to the absence of new releases and anniversary events.
The Metaverse platform REALITY reached 10 million downloads across 63 countries, with current strategy focused on increasing engagement and monetization through new gaming titles and communication features.
Investment and Incubation assets under management (AUM) grew to ¥80 billion, bolstered by 14 new startup investments and three new venture capital funds in Japan and the U.S.
The Commerce and DX segment continues to scale its 'aumo My Business' SaaS offering, showing growth in both media users and client acquisition.
GREE projects Q2 operating income between ¥1.0 billion and ¥1.5 billion while maintaining a commitment to aggressive investment in Metaverse development.
GREE, Inc. reported FY2023 Q1 net sales of ¥16.6 billion and operating income of ¥1.58 billion, supported by a ¥2.0 billion reduction in total costs to ¥15.0 billion.
The flagship title 'Heaven Burns Red' remains a primary revenue driver, though sales declined quarter-on-quarter due to the absence of new releases and anniversary events.
The Metaverse platform REALITY reached 10 million downloads across 63 countries, with current strategy focused on increasing engagement and monetization through new gaming titles and communication features.
Investment and Incubation assets under management (AUM) grew to ¥80 billion, bolstered by 14 new startup investments and three new venture capital funds in Japan and the U.S.
The Commerce and DX segment continues to scale its 'aumo My Business' SaaS offering, showing growth in both media users and client acquisition.
GREE projects Q2 operating income between ¥1.0 billion and ¥1.5 billion while maintaining a commitment to aggressive investment in Metaverse development.