Updated Mar 21, 2026 by GREE
GREE reported FY2024 Q3 net sales of ¥17.2 billion and an operating profit of ¥2.5 billion, largely driven by a 93% quarter-over-quarter profit increase in the gaming segment.
The second-anniversary event for 'Heaven Burns Red' was the primary catalyst for the gaming segment's strong quarterly performance.
GREE revised its shareholder return policy, increasing its dividend on equity target from 2% to 3% and raising the minimum consolidated payout ratio from 20% to 30%.
The Metaverse Business achieved a milestone by reaching profitability for the first time with an operating profit of ¥0.08 billion.
The company maintains a full-year FY2024 operating profit forecast of ¥5 billion to ¥6 billion, excluding the investment segment, despite an expected post-anniversary decline in gaming revenue.
The Investment Business, managing approximately ¥80 billion in assets, reached a break-even point for the quarter.
Future growth strategy focuses on the upcoming release of 'Puella Magi Madoka Magica Magia Exedra' and continued investment in VTuber talent and social marketing collaborations.
GREE reported FY2024 Q3 net sales of ¥17.2 billion and an operating profit of ¥2.5 billion, largely driven by a 93% quarter-over-quarter profit increase in the gaming segment.
The second-anniversary event for 'Heaven Burns Red' was the primary catalyst for the gaming segment's strong quarterly performance.
GREE revised its shareholder return policy, increasing its dividend on equity target from 2% to 3% and raising the minimum consolidated payout ratio from 20% to 30%.
The Metaverse Business achieved a milestone by reaching profitability for the first time with an operating profit of ¥0.08 billion.
The company maintains a full-year FY2024 operating profit forecast of ¥5 billion to ¥6 billion, excluding the investment segment, despite an expected post-anniversary decline in gaming revenue.
The Investment Business, managing approximately ¥80 billion in assets, reached a break-even point for the quarter.
Future growth strategy focuses on the upcoming release of 'Puella Magi Madoka Magica Magia Exedra' and continued investment in VTuber talent and social marketing collaborations.