Updated Mar 21, 2026 by GREE
GREE Group is pivoting toward a 'profit-first' model, targeting a 28% operating profit CAGR through FY2028 by shifting focus away from legacy gaming and volatile investments.
The Metaverse segment is the company's primary growth engine, driven by a 181% revenue surge in the VTuber business and an expected 177% increase in operating profit for the coming year.
FY2025 results showed a 14% sales decline in the core Game segment and an overall operating profit of ¥4.9 billion, impacted by investment valuation losses.
Management projects FY2026 as a 'profit bottom' with ¥3.6 billion in operating income due to heavy investments in new IP titles and a transition to SaaS-based recurring revenue in the DX segment.
By FY2028, the company aims for the Metaverse, IP, and DX segments to generate over 50% of total sales and profit to reduce reliance on legacy sectors.
The group maintains strong liquidity with ¥83.9 billion in cash and a 74% equity ratio, supporting an aggressive M&A strategy and a 20th-anniversary commemorative dividend.
GREE Group is pivoting toward a 'profit-first' model, targeting a 28% operating profit CAGR through FY2028 by shifting focus away from legacy gaming and volatile investments.
The Metaverse segment is the company's primary growth engine, driven by a 181% revenue surge in the VTuber business and an expected 177% increase in operating profit for the coming year.
FY2025 results showed a 14% sales decline in the core Game segment and an overall operating profit of ¥4.9 billion, impacted by investment valuation losses.
Management projects FY2026 as a 'profit bottom' with ¥3.6 billion in operating income due to heavy investments in new IP titles and a transition to SaaS-based recurring revenue in the DX segment.
By FY2028, the company aims for the Metaverse, IP, and DX segments to generate over 50% of total sales and profit to reduce reliance on legacy sectors.
The group maintains strong liquidity with ¥83.9 billion in cash and a 74% equity ratio, supporting an aggressive M&A strategy and a 20th-anniversary commemorative dividend.