Updated Mar 23, 2026 by GREE
GREE projects operating income for the Internet and Entertainment Business to reach between ¥1.0 billion and ¥1.5 billion in Q2 FY2023.
The flagship title 'Heaven Burns Red' maintains a stable user base, with the company leveraging its development and marketing lessons from this game to inform future title releases.
The metaverse segment, anchored by the platform REALITY, has reached a breakeven point and is currently reinvesting profits into promotional activities to scale its user base.
Major game titles are expected to face a typical Q1 seasonal slowdown following a Q4 peak, with management planning anniversary events and content updates to drive engagement through late 2022.
The investment and incubation arm faces a cautious outlook for FY2023, with the potential for quarterly losses if exit distributions remain low.
GREE projects operating income for the Internet and Entertainment Business to reach between ¥1.0 billion and ¥1.5 billion in Q2 FY2023.
The flagship title 'Heaven Burns Red' maintains a stable user base, with the company leveraging its development and marketing lessons from this game to inform future title releases.
The metaverse segment, anchored by the platform REALITY, has reached a breakeven point and is currently reinvesting profits into promotional activities to scale its user base.
Major game titles are expected to face a typical Q1 seasonal slowdown following a Q4 peak, with management planning anniversary events and content updates to drive engagement through late 2022.
The investment and incubation arm faces a cautious outlook for FY2023, with the potential for quarterly losses if exit distributions remain low.