Updated Mar 17, 2026 by GREE
GREE reported Q3 FY2023 net sales of ¥22.2 billion and operating income of ¥4.2 billion, driven by the flagship title Heaven Burns Red and strategic divestments.
Operating income faced downward pressure from a ¥3.1 billion increase in costs, primarily due to aggressive promotional spending aimed at securing long-term market share.
The REALITY metaverse platform reached over 42 million annual visitors and expanded its B2B presence through the REALITY XR cloud and the FIRST STAGE PRODUCTION VTuber agency.
The company maintains a strong financial position with ¥30.8 billion in net cash, a total asset base of ¥120 billion, and a dividend forecast of ¥11 per share.
The Investment and Incubation segment manages approximately ¥75 billion in assets and continues to deliver an internal rate of return ranging from 16% to 23%.
GREE maintained a stable workforce of 1,593 employees while prioritizing long-term growth in virtual world infrastructure and digital transformation.
GREE reported Q3 FY2023 net sales of ¥22.2 billion and operating income of ¥4.2 billion, driven by the flagship title Heaven Burns Red and strategic divestments.
Operating income faced downward pressure from a ¥3.1 billion increase in costs, primarily due to aggressive promotional spending aimed at securing long-term market share.
The REALITY metaverse platform reached over 42 million annual visitors and expanded its B2B presence through the REALITY XR cloud and the FIRST STAGE PRODUCTION VTuber agency.
The company maintains a strong financial position with ¥30.8 billion in net cash, a total asset base of ¥120 billion, and a dividend forecast of ¥11 per share.
The Investment and Incubation segment manages approximately ¥75 billion in assets and continues to deliver an internal rate of return ranging from 16% to 23%.
GREE maintained a stable workforce of 1,593 employees while prioritizing long-term growth in virtual world infrastructure and digital transformation.