Updated Mar 23, 2026 by GungHo Online Entertainment
GungHo’s overseas sales ratio grew from 39.3% in 2022 to 47.7% in 2024, signaling a successful shift toward international market penetration.
Consolidated net sales decreased from ¥125.3 billion in 2022 to ¥103.6 billion in 2024, with operating profit declining from ¥27.9 billion to ¥17.5 billion over the same period.
The flagship title Puzzle & Dragons has surpassed 63 million global downloads since its 2012 launch and is preparing for a 13th-anniversary release in May 2025.
Subsidiary Gravity Co., Ltd. is actively diversifying the Ragnarok franchise across PC, mobile, and console platforms, specifically targeting growth in Latin America and Southeast Asia.
The company maintains a commitment to shareholder returns, evidenced by a dividend payout ratio exceeding 30% and ¥9.86 billion in treasury-share repurchases during 2024.
Strategic operations rely on internal analytics tracking user engagement, revenue, and downloads across more than 150 countries and 11 languages.
GungHo’s overseas sales ratio grew from 39.3% in 2022 to 47.7% in 2024, signaling a successful shift toward international market penetration.
Consolidated net sales decreased from ¥125.3 billion in 2022 to ¥103.6 billion in 2024, with operating profit declining from ¥27.9 billion to ¥17.5 billion over the same period.
The flagship title Puzzle & Dragons has surpassed 63 million global downloads since its 2012 launch and is preparing for a 13th-anniversary release in May 2025.
Subsidiary Gravity Co., Ltd. is actively diversifying the Ragnarok franchise across PC, mobile, and console platforms, specifically targeting growth in Latin America and Southeast Asia.
The company maintains a commitment to shareholder returns, evidenced by a dividend payout ratio exceeding 30% and ¥9.86 billion in treasury-share repurchases during 2024.
Strategic operations rely on internal analytics tracking user engagement, revenue, and downloads across more than 150 countries and 11 languages.