Updated Mar 21, 2026 by GREE
GREE Holdings reported FY2025 consolidated net sales of ¥57.1 billion and an operating profit of ¥4.9 billion, meeting its profit forecasts despite revenue headwinds in the Metaverse and DX segments.
The company projects FY2026 operating profit will decline to ¥3.6 billion due to peak development costs for new game titles and upfront investments in VTuber and SaaS sectors, despite a forecasted revenue increase to ¥58.1 billion.
GREE is executing a strategic transition to make Metaverse, IP, and DX businesses account for over 50% of total sales and profit by FY2028, while positioning the Game Business as a long-term investment vehicle.
The Metaverse segment achieved a 150% year-over-year increase in VTuber sales, with management targeting single-month profitability for the business in FY2026.
The Game Business maintained an 18% operating margin during FY2025, even without the release of major new titles.
To celebrate its 20th anniversary, the company declared a total annual dividend of ¥14.5 per share, supported by a strong financial position with an equity ratio exceeding 60%.
The Investment Business manages a ¥21 billion portfolio across Japan and the US, maintaining a long-term target of over 20% return on invested capital (ROIC).
GREE Holdings reported FY2025 consolidated net sales of ¥57.1 billion and an operating profit of ¥4.9 billion, meeting its profit forecasts despite revenue headwinds in the Metaverse and DX segments.
The company projects FY2026 operating profit will decline to ¥3.6 billion due to peak development costs for new game titles and upfront investments in VTuber and SaaS sectors, despite a forecasted revenue increase to ¥58.1 billion.
GREE is executing a strategic transition to make Metaverse, IP, and DX businesses account for over 50% of total sales and profit by FY2028, while positioning the Game Business as a long-term investment vehicle.
The Metaverse segment achieved a 150% year-over-year increase in VTuber sales, with management targeting single-month profitability for the business in FY2026.
The Game Business maintained an 18% operating margin during FY2025, even without the release of major new titles.
To celebrate its 20th anniversary, the company declared a total annual dividend of ¥14.5 per share, supported by a strong financial position with an equity ratio exceeding 60%.
The Investment Business manages a ¥21 billion portfolio across Japan and the US, maintaining a long-term target of over 20% return on invested capital (ROIC).