Updated Mar 23, 2026 by GREE
GREE, Inc. reported Q1 FY2024 net sales of ¥15.8 billion and operating income of ¥1.2 billion, with full-year operating income guidance maintained at ¥4–5 billion.
The Game and Anime segment was the primary profit driver, generating ¥1.56 billion in operating income fueled by the anniversary event for Heaven Burns Red.
The Investment Business recorded an operating loss of ¥0.2 billion due to a lack of large distributions, though total assets under management grew to ¥82.7 billion.
The Metaverse Business saw mixed results, with the REALITY platform performing robustly while XR cloud and VTuber subsidiaries incurred losses.
The Commerce Business is showing growth momentum, specifically driven by the expansion of SaaS offerings within the aumo division.
Company-wide operating income is projected to decline to approximately ¥0.5 billion in Q2, excluding investment gains, as the Game and Anime segment performance softens.
Medium-term strategy targets sales growth to ¥3.3 billion by FY2026, focusing on the expansion of aumo’s SaaS base and jobda’s HR services.
GREE, Inc. reported Q1 FY2024 net sales of ¥15.8 billion and operating income of ¥1.2 billion, with full-year operating income guidance maintained at ¥4–5 billion.
The Game and Anime segment was the primary profit driver, generating ¥1.56 billion in operating income fueled by the anniversary event for Heaven Burns Red.
The Investment Business recorded an operating loss of ¥0.2 billion due to a lack of large distributions, though total assets under management grew to ¥82.7 billion.
The Metaverse Business saw mixed results, with the REALITY platform performing robustly while XR cloud and VTuber subsidiaries incurred losses.
The Commerce Business is showing growth momentum, specifically driven by the expansion of SaaS offerings within the aumo division.
Company-wide operating income is projected to decline to approximately ¥0.5 billion in Q2, excluding investment gains, as the Game and Anime segment performance softens.
Medium-term strategy targets sales growth to ¥3.3 billion by FY2026, focusing on the expansion of aumo’s SaaS base and jobda’s HR services.