Updated Mar 23, 2026 by GREE
GREE, Inc. reported FY2023 full-year net sales of ¥75.4 billion and operating income of ¥12.5 billion, with Q4 contributing ¥20.1 billion in sales and ¥5.0 billion in operating income.
The company restructured into four distinct business segments—Game and Anime, Metaverse, DX, and Commerce—to better align with its diversified revenue strategy.
Investment activities are a primary earnings driver, with ¥80 billion in assets under management and significant distributions from fund exits and startup investments.
Metaverse operations are currently in a heavy investment phase, targeting break-even for FY24 and full profitability across all sub-units by FY26.
The Game and Anime segment experienced a slight sales decline due to a post-anniversary dip in 'Heaven Burns Red,' though profitability remained high due to lower advertising expenditures.
The DX segment is projected to grow from ¥5.7 billion in FY24 sales to ¥7.9 billion by FY26, while the Commerce segment, anchored by aumo Inc., targets a rise to ¥3.3 billion in sales over the same period.
Consolidated operating income for FY24 is projected between ¥4.0 billion and ¥5.0 billion, excluding potential revenue from new game titles.
GREE, Inc. reported FY2023 full-year net sales of ¥75.4 billion and operating income of ¥12.5 billion, with Q4 contributing ¥20.1 billion in sales and ¥5.0 billion in operating income.
The company restructured into four distinct business segments—Game and Anime, Metaverse, DX, and Commerce—to better align with its diversified revenue strategy.
Investment activities are a primary earnings driver, with ¥80 billion in assets under management and significant distributions from fund exits and startup investments.
Metaverse operations are currently in a heavy investment phase, targeting break-even for FY24 and full profitability across all sub-units by FY26.
The Game and Anime segment experienced a slight sales decline due to a post-anniversary dip in 'Heaven Burns Red,' though profitability remained high due to lower advertising expenditures.
The DX segment is projected to grow from ¥5.7 billion in FY24 sales to ¥7.9 billion by FY26, while the Commerce segment, anchored by aumo Inc., targets a rise to ¥3.3 billion in sales over the same period.
Consolidated operating income for FY24 is projected between ¥4.0 billion and ¥5.0 billion, excluding potential revenue from new game titles.