Skip to main content
Ragnarok M: Eternal Love cover

Ragnarok M: Eternal Love

GameBy Gravity Corporation · Released Jan 9, 2019

Documents about Ragnarok M: Eternal Love

Cover of GungHo Online Entertainment FY2018 Q3 Financial Results Briefing
Financial report30 pages

GungHo Online Entertainment FY2018 Q3 Financial Results Briefing

The GungHo Online Entertainment FY2018 Q3 financial results briefing outlines the company’s strategic focus on maximizing the value of existing intellectual property while expanding its portfolio through new titles and business ventures.

  • GungHo’s core revenue remains stable due to consistent performance from its flagship title, Puzzle & Dragons, which continues to rely on event-based engagement and e-sports initiatives to maintain active user counts.
  • The company experienced a moderate decline in Q3 revenue and operating income, driven by the stabilization of Ragnarok M sales and increased marketing spend for new product launches.
  • Yo-kai Watch World achieved significant early traction, surpassing 2 million downloads by September 2018.
GungHo Online EntertainmentOct 2018
Cover of GungHo Business Report Vol. 29
Report6 pages

GungHo Business Report Vol. 29

GungHo Online Entertainment's Business Report Vol. 29 outlines the company's strategic initiatives and financial performance, primarily focusing on the period leading up to early 2019.

  • GungHo’s flagship title, Puzzle & Dragons, reached 80 million global downloads as of early 2019, with consistent updates and e-sports initiatives successfully reversing a downward sales trend in late 2018.
  • The company reported 92.1 billion yen in net sales for the 2018 fiscal year, maintaining consistency with the previous year despite a decline in operating income from 34.4 billion yen in 2017 to 26.6 billion yen.
  • Growth is being driven by subsidiary GRAVITY Co., Ltd., which successfully expanded the international reach of Ragnarok M: Eternal Love across Asia, North America, South America, and Oceania.
GungHo Online Entertainment
Cover of GungHo Business Report Vol. 31
Report6 pages

GungHo Business Report Vol. 31

GungHo Online Entertainment's Business Report Vol. 31 outlines the company's strategic initiatives and financial performance for fiscal year 2019, emphasizing its goal to become a leading global entertainment group.

  • GungHo reported strong fiscal 2019 financial results with consolidated net sales of 101.39 billion yen and an operating income of 28.35 billion yen.
  • The company maintains a robust development pipeline with nine new gaming titles currently in progress across mobile and console platforms.
  • Flagship title TEPPEN achieved significant market traction, surpassing 4 million downloads by late 2019.
GungHo Online Entertainment
Cover of GungHo Online Entertainment: Consolidated Financial Results for the 1st Quarter of 2019
Financial report7 pages

GungHo Online Entertainment: Consolidated Financial Results for the 1st Quarter of 2019

GungHo Online Entertainment’s consolidated financial results for the first quarter of 2019 demonstrate a period of strong growth, marked by the company’s second consecutive quarter of increasing sales and profits.

  • GungHo Online Entertainment reported strong Q1 2019 growth with net sales of 35,073 million yen and operating income of 13,003 million yen.
  • The company achieved an operating income margin of 37.1% and a gross profit margin of 50.9%, largely driven by the high-margin performance of the flagship title Puzzle & Dragons.
  • Operational efficiency improved as selling, general, and administrative expenses fell to 4,843 million yen due to reduced advertising and salary costs.
GungHo Online Entertainment