Library

Market Analysis

FY2015 Fourth Quarter Financial Results

FY2015 Fourth Quarter Financial Results & Net sales ¥92.5 billion, operating income ¥20.2 billion ⁃ Strengthened our financial base as ne t cash rose by ¥22.2 billion to ¥76.4 Full- ⁃ Net loss of ¥10.3 billion owing mainly to goodwill impairment in 4Q Year ⁃ Native game business: Improved development and operational management capabilities to produce hit titles ⁃ Web game business: Increased operational efficiency to maintain FY15 ...

market-analysis mobile japan

GREE

Report

FY2024 Third Quarter Financial Results Briefing

GREE, Inc. reported FY2024 third‑quarter results with net sales of ¥17.2 billion, operating profit of ¥2.5 billion and EBITDA of ¥2.6 billion, reflecting a mix of strong Game and Anime performance against weaker Commerce and Investment segments. The Game and Anime Business drove a 93 % QoQ rise in operating profit, largely due to the successful two‑year anniversary events for *Heaven Burns Red*. Sales growth in this segment offset declines elsewhere, while the Metaverse Business posted a 6 % YoY sales increase to ¥1.61 billion and entered positive operating profit territory at ¥80 million, supported by Platform and VTuber sub‑segments. The DX Business achieved QoQ sales growth to ¥1.54 billion but saw a YoY profit decline, with Social DX showing positive trends after launching a joint venture in influencer marketing. Commerce Business earnings weakened due to a Google algorithm update, though a V‑shaped recovery is expected in Q4. The Investment Business broke even, maintaining an AUM of approximately ¥80 billion and continuing VC investments. Methodologically, the briefing aggregates quarterly financials across seven business units, citing sales, operating profit, and cost structures. Forecasts for Q4 FY2024 anticipate a reactive decline post‑anniversary events, projecting sales of ¥9.6–11.3 billion and operating profit of ¥1.6–1.9 billion, while full‑year FY2024 operating profit is projected between ¥5–6 billion excluding Investment contributions. Dividend policy was revised to a 3 % DOE and up to 30 % payout ratio, with FY2024 dividends forecast at ¥16.5 per share. Medium‑term targets aim for FY2026 sales of ¥15–16 billion and operating profit around ¥2.0 billion for the Metaverse Business, with comparable growth objectives across other segments.

market-analysis investment metaverse+2

GREE

Report

Summary of Main Supplementary Explanations Questions and Answers: FY2024 Fourth Quarter GREE Results Briefing

The briefing clarified GREE’s strategic outlook for FY2024, focusing on console game development and the VTuber business. The company confirmed that its console gaming venture remains in early planning, with no concrete release dates or platform commitments disclosed. This indicates a cautious approach as GREE evaluates market entry points and potential partnerships before committing resources. In contrast, the VTuber segment is progressing toward profitability. GREE reported steady sales growth aligned with its initial projections, despite operating losses that have risen due to aggressive talent acquisition and merchandise production. These losses fall within the company’s planned range, suggesting disciplined financial management amid expansion efforts. GREE projects that monthly operating losses will be eliminated in FY2026, marking the anticipated break‑even point for its VTuber investments. The briefing covered a domestic Japanese market focus, with no mention of international expansion for either segment. The time frame discussed spans FY2024 through FY2026, highlighting short‑term challenges and medium‑term profitability goals. Methodological details were limited; the company referenced internal financial metrics rather than external surveys or third‑party data. Overall, GREE’s communication signals a phased growth strategy: cautious console game development coupled with aggressive scaling of its VTuber platform, aiming for profitability by the middle of FY2026.

market-analysis monetization investment+2

GREE

Report

Letter to Shareholders: 2024

The letter explains that 2024 was a challenging year for the video‑game industry and for PCF Group S.A., prompting decisive actions to protect financial stability. In April, the company discontinued the Dagger project after a partner withdrawal and recorded a 100 % write‑off of its costs, followed by the cancellation of Red in September. These decisions reduced consolidated earnings for the first half of 2024 and lowered fixed‑asset values by PLN 7.7 million. The board also halted work on Victoria and Bifrost in December, laying off over 120 employees; a PLN 154.964 million impairment was booked for Bifrost, while Victoria’s costs were retained due to an upcoming early‑access release. To counter market headwinds, the board launched a strategic options review in August aimed at securing external investment or restructuring. The effort failed, leaving the group to reassess short‑ and long‑term plans. Concurrently, the company tightened its self‑publishing pipeline, focusing on work‑for‑hire (WFH) contracts. In early 2024, a short‑term agreement with Square Enix for Gemini led to a workforce reduction of 30 staff, yet the project’s revenue only covered direct costs. New WFH deals were secured with Krafton (Echo), Sony Interactive Entertainment (Delta), and Microsoft (Project Maverick), bolstering revenue streams. The VR segment was largely exited, with Incuvo’s Bison slated as the final title. Game On, another subsidiary, saw limited improvement in 2024‑25. Overall, the letter acknowledges losses and staff cuts but stresses a commitment to rebuilding through strategic partnerships, focused development on AAA action titles, and continued investment in high‑quality games for a global audience.

market-analysis game-development game-publishing+2

PCF Group

Report

Summary of Financial Results for Third Quarter of Fiscal Year Ending December 31, 2018

KLab Inc. reported consolidated financial results for the third quarter of fiscal year 2018 (January 1–September 30, 2018). Revenue rose 36.7 % to ¥24,936 million from ¥18,238 million in the same period of FY2017, driven by strong sales of titles such as *Captain Tsubasa: Dream Team*, the BLEACH Brave Souls anniversary campaign, and *YU☆ ☆ YU HAKUSHO 100% Maji Battle*. Operating income increased 24.4 % to ¥3,990 million, ordinary profit grew 9.1 % to ¥4,110 million, and profit attributable to owners of parent rose 1.6 % to ¥2,629 million. Net income per share remained stable at ¥70.60 versus ¥70.41 in FY2017. Total assets expanded to ¥19,999 million, with current assets declining due to lower cash balances while non‑current assets grew from software development. Net assets increased to ¥14,617 million, raising the equity ratio to 73.0 % from 67.4 %. Long‑term debt increased, but current liabilities fell, reflecting a reduction in income taxes payable. For FY2018, KLab revised its full‑year forecast to revenue of ¥31,500 million, operating income of ¥4,000 million, ordinary profit of ¥4,100 million, and profit attributable to owners of parent of ¥2,500 million. The company adopted a range‑based presentation for forecasts and applied new accounting guidance on employee stock acquisition rights. Dividend policy remained unchanged, with no additional dividends announced for FY2018 beyond the special dividend of ¥9 per share paid in March 2018.

market-analysis investment mobile+1

KLab

Report

Quarterly Financial Report: Q3 2020

KLab Inc. reports a robust third‑quarter performance for fiscal year 2020, with revenue rising to ¥26.36 billion from ¥22.38 billion in the same period of FY2019, a 17.8 % increase driven by its game business segment. Operating income grew to ¥2.25 billion, up 31.7 % year‑over‑year, while ordinary income reached ¥1.80 billion, a 14.9 % rise. Net profit attributable to the parent fell to ¥855 million, a 29.6 % decline, largely due to higher foreign‑exchange losses and an impairment charge of ¥498.9 million on investments. Comprehensive income for the quarter was ¥787 million, down 42.4 % from ¥1.37 billion in FY2019, reflecting a reversal of the valuation gain on available‑for‑sale securities and foreign‑currency translation adjustments. Total assets increased to ¥25.16 billion, with current assets up 13.8 % and non‑current assets slightly down due to a reduction in intangible software assets. Net assets rose to ¥18.49 billion, and the equity ratio improved to 65.8 %. Outstanding shares averaged 38.17 million, with no treasury shares held at quarter‑end. The company maintained a dividend policy of zero for FY2020, with no forecasted dividends. No changes to accounting principles were reported, and the effective tax rate was applied consistently across periods. The report covers Japan‑based operations for FY2020 (January 1–September 30) and compares results to the same period in FY2019.

market-analysis investment mobile+1

KLab

Report

Summary of Financial Results: Fiscal Year Ending December 31, 2018

KLab Inc. reported consolidated financial results for the fiscal year ending December 31, 2018 under Japanese GAAP. Revenue rose 22.0 % to ¥32.67 billion, driven by mobile game titles such as Love Live! School Idol Festival, BLEACH Brave Souls, and YU HAKUSHO 100% Maji Battle. Operating income increased modestly by 2.1 % to ¥4.99 billion, while ordinary income grew 3.0 % to ¥4.998 billion. Profit attributable to owners of parent fell 17.8 % to ¥2.57 billion, largely due to extraordinary losses totaling ¥958 million—including impairment of software assets, disposal of fixed assets, and valuation loss on investment securities. Net income declined 17.8 % to ¥2.57 billion, and comprehensive income dropped 23.6 % to ¥2.42 billion. Total assets expanded to ¥19.25 billion, driven by increases in software in progress and intangible assets; total liabilities decreased to ¥4.78 billion, mainly due to lower income‑tax payable. Equity ratio improved to 75.1 %, and net assets per share rose to ¥387.36. Cash and cash equivalents fell by ¥2.06 billion, with operating cash flow of ¥3.80 billion offset by a ¥5.11 billion outflow in investing activities and a ¥0.70 billion inflow from financing. The company issued new shares, repurchased treasury stock, and paid no dividends in 2018. Forecasts for FY2019 present a revenue range of ¥32–40 billion, operating income of ¥1–4.5 billion, and profit attributable to owners between ¥0.7–3.1 billion, reflecting uncertainty in new title performance. The analysis covers the Japanese market exclusively and relies on consolidated financial statements, segment reporting for a single “Game Business” unit, and standard Japanese accounting policies.

investment japan mobile+1

KLab

Report

Summary of Financial Results: First Half 2017

KLab Inc. reported a strong first‑half fiscal 2017 performance, with consolidated revenue rising 23 % to ¥10.92 billion compared to ¥8.88 billion in the same period of FY2016. Operating income increased markedly to ¥1.97 billion, up from a loss of ¥51 million the previous year, driven by robust sales of core mobile games and the launch of “Captain Tsubasa ～Tatakae Dream Team～” in mid‑June. Cost of sales grew modestly by 3.9 % to ¥7.02 billion, largely reflecting higher royalty and commission expenses linked to revenue growth. Selling, general and administrative costs fell 6.6 % to ¥1.93 billion due to reduced advertising and outsourcing spend, while non‑operating income of ¥217 million—primarily foreign‑exchange gains—offsets a non‑operating expense of ¥647 million, resulting in ordinary profit of ¥2.19 billion and net income attributable to owners of parent of ¥1.45 billion. Total assets reached ¥14.53 billion, up ¥2.40 billion from FY2016, with net assets increasing to ¥10.68 billion and an equity ratio of 73.3 %. The company maintained a healthy liquidity position, with current assets at ¥9.10 billion and current liabilities at ¥3.85 billion, while retained earnings grew by ¥1.54 billion. KLab revised its FY2017 forecasts upward, projecting revenue of ¥22.5–25.5 billion, operating income of ¥2.20–4.00 billion, ordinary profit of ¥2.40–4.20 billion, and net income attributable to owners of parent between ¥1.60–2.80 billion, reflecting favorable market trends and recent game releases. During the period, KLab acquired ABASEA Inc., making it a 100 % subsidiary and adding Spicemart Inc. as a sub‑subsidiary, with the acquisition cost recorded at ¥1 billion cash. This strategic move aims to enhance data‑analysis capabilities for mobile game operations and expand cross‑border market presence.

market-analysis investment mobile+2

KLab

Report

FY2025 Third Quarter Financial Results Briefing: GREE Holdings

GREE Holdings announced that the fiscal year 2025 third‑quarter results exceeded expectations, driven by robust performance across all four reportable segments. The company introduced a new IP Business segment on April 1, 2025, consolidating anime licensing and manga activities to reflect growing importance in content creation. Operating profit rose QoQ to ¥1.7 billion, with sales increasing across Game, Metaverse, IP, and DX businesses; the Investment Business recorded a ¥100 million loss on sales of ¥600 million. Foreign‑exchange and impairment losses contributed to a net income decline, yet the equity ratio remains above 60 % and debt‑to‑EBITDA stays near 3×, meeting the firm’s financial discipline targets. Key drivers include the launch of “Puella Magi Madoka Magica Magia Exedra” in the Game Business, which is expected to contribute earnings from Q4 onward, and record‑high operating margins in the Metaverse Platform segment due to improved commission structures. The VTuber arm achieved record sales, with merchandising gaining higher margin share. In the IP Business, anime production committees continue to expand, while merchandising and entertainment‑solution SaaS are in early rollout phases. The DX Business saw a slight YoY decline but QoQ growth, with new SaaS products and consulting projects building recurring revenue streams. Forecasts for FY 2025 anticipate a sales shortfall from delayed game releases but project operating profit above the ¥500 million target, rising to roughly ¥700 million. Medium‑term goals focus on sustaining growth in continuous‑growth segments, achieving profitability in the VTuber business by FY 2026, and expanding the IP and DX businesses into recurring‑earnings models.

market-analysis game-publishing japan

GREE

Report

Consolidated Financial Results for the Three Months Ended December 31, 2025: Japan

The quarterly consolidated financial results for the three months ended December 31, 2025 show a 10.2 % decline in net sales to ¥4,772 million compared with the same period a year earlier. Operating loss narrowed from ¥730 million to ¥86 million, while ordinary profit surged 752.4 % to ¥484 million due largely to foreign‑exchange gains and a gain on sale of investment securities. Profit attributable to owners of the parent rose 279.6 % to ¥170 million, and basic earnings per share increased from ¥0.35 to ¥1.32. Total assets fell by ¥3,558 million to ¥72,183 million, driven mainly by a reduction in cash and deposits. Net assets declined to ¥66,215 million, with retained earnings reduced by ¥2,725 million after dividend payments. The equity ratio remained high at 91.7 %. No significant changes in consolidation scope or accounting policy were reported, and the company disclosed no retrospective restatements. Segment analysis indicates that the Entertainment business generated ¥4,681 million in sales and incurred an operating loss of ¥54 million, while the Investment and Development business contributed ¥90 million in sales with an operating loss of ¥32 million. The company’s cash dividend policy for the fiscal year ending September 30, 2026 remains undecided. Due to rapid changes in the business environment, the company refrained from providing a fiscal‑year forecast. The report covers Japan‑based operations under Japanese GAAP for the October–December 2025 quarter, with no significant geographic expansion or new industry segments noted.

market-analysis mobile japan+1

COLOPL

Report

Summary of Financial Results for First Half of Fiscal Year Ending December 31, 2016

KLab Inc. reports a sharp decline in first‑half fiscal 2016 performance, with consolidated revenue falling 14.9 % to ¥8,879 million from ¥10,435 million in the same period of FY2015. Operating income collapsed 96.7 % to ¥51 million, and ordinary loss widened to ¥746 million, resulting in a net loss attributable to owners of ¥1.34 billion. The downturn is largely attributed to reduced revenue from the flagship title “Love Live! School Idol Festival.” Cost of sales remained flat, while selling‑general‑administrative expenses dropped 3.1 % due to lower advertising spend on “Bleach: Brave Souls.” Foreign‑exchange losses of ¥752 million and extraordinary impairment losses of ¥757 million (software) contributed to the loss. Total assets declined by ¥1.82 billion to ¥10.81 billion, driven mainly by a reduction in securities and intangible assets; liabilities fell ¥484 million to ¥2.28 billion, largely from lower accounts payable and long‑term debt. Net assets decreased to ¥8.53 billion, with retained earnings dropping sharply. For FY2016, KLab forecasts revenue of ¥14.88 billion and operating income of ¥1.00 billion for the first three quarters, but does not provide a full‑year forecast due to volatility in mobile game performance. The company applied revised Japanese GAAP standards for business combinations and depreciation changes effective from the first quarter, with no material impact on quarterly results. No dividends were declared for FY2015 or FY2016, and the company remains a non‑dividend payer.

market-analysis investment mobile+1

KLab

Report

Summary of Financial Results for the First Quarter of Fiscal Year Ending December 31, 2016

KLab Inc. reported a first‑quarter operating loss of 70 million yen, with revenue falling 14.5 % to 4.82 billion yen against 5.64 billion yen in the same period of FY2015. Operating income turned negative, and ordinary loss reached 435 million yen, resulting in a net loss attributable to owners of 414 million yen. Comprehensive income for the quarter was –438 million yen, a sharp reversal from the 471 million‑yen gain recorded in FY2015. Total assets declined to 12.09 billion yen, while net assets fell to 9.43 billion yen; the equity ratio remained stable at 77.5 %. No dividends were declared for FY2016, and the company forecast a full‑year loss of 851 million yen with operating income projected at –370 million yen for the first half of FY2016. The decline in revenue was partially offset by gains from the Japanese and Simplified Chinese versions of “Love Live! School Idol Festival” and sales of “Bleach: Brave Souls.” Cost‑of‑sales decreased 1.6 % year‑over‑year, but selling, general and administrative expenses rose 21.3 %. Foreign exchange losses of 311 million yen were recorded, largely due to valuation adjustments on foreign‑currency assets. Impairment loss of 65 million yen was recorded for software in the game business segment. The report covers Japan‑based operations, with data from January 1 to March 31, 2016. Methodology includes consolidated financial statements prepared under Japanese GAAP, with adjustments for new accounting standards adopted in the first quarter. The company’s management noted that operating performance is highly sensitive to hit products, and full‑year forecasts remain uncertain.

investment japan mobile+1

KLab

Report

Summary of main supplementary explanations questions and answers at the FY2026 First Quarter GREE Holdings, Inc. results briefing held on November 6, 2025 PDF

GREE Holdings’ FY2026 first‑quarter briefing clarified strategic priorities across its game, VTuber, and investment divisions. The company emphasized a shift toward an in‑house development model for console titles while still leveraging external contractors to bridge current expertise gaps. In the mobile game segment, outside‑app payment methods have been fully deployed across all major titles and are contributing positively to profitability; the VTuber platform has similarly expanded its outside‑app transactions, boosting operating margins. The firm acknowledges a structural decline in earnings from new smartphone releases but plans to sustain revenue by focusing on long‑term engagement features and continuous hit title launches, particularly within the RPG genre. Market outlooks reveal a plateau in smartphone installs but growing potential through high‑value IP and outside‑app monetization. Console gaming is viewed as a long‑term investment, with an emphasis on cultivating enduring IP series. The VTuber market is still expanding globally, especially overseas, and the company projects full‑year profitability for its VTuber production arm by FY2027 as higher‑margin merchandise and live events offset earlier talent acquisition costs. Exit strategies for the investment business have shifted from IPOs to M&A, reflecting broader market conditions. Generative AI is being integrated across game development, VTuber content creation, and digital transformation services to enhance efficiency and service quality, though its direct earnings impact remains difficult to quantify. Overall, GREE aims to strengthen core competencies, diversify revenue streams, and adapt to evolving market dynamics while pursuing sustainable growth.

market-analysis game-development monetization+3

GREE

Report

FY2026 1Q Financial Results Briefing: GREE Holdings

The briefing presents FY2026 1Q financial results for GREE Holdings, emphasizing a re‑segmentation of the former Metaverse Business into distinct Platform and Production units under the VTuber umbrella. Net sales reached ¥12.0 billion with operating profit of ¥1.1 billion, surpassing FY2025 full‑year expectations; consolidated figures including the Investment Business were ¥12.8 billion in sales and ¥1.1 billion in operating profit, buoyed by foreign‑exchange gains from yen depreciation and investment security sales. Variable costs fell due to lower advertising spend and commission fees, while fixed costs remained stable. Segment‑level analysis shows the Game Business experiencing a temporary sales dip from declining momentum of recent titles, yet operating profit rose thanks to overseas development contracts and a live‑service game pipeline. The VTuber Business recorded a 9 % YoY sales increase and a 142 % jump in operating profit, driven by cost controls on payment processing and gradual profitability of the Production arm. The IP Business saw modest sales decline and sharper profit erosion, with Anime and Entertainment Solution units posting delayed revenue but expected to normalize in the second half. The DX Business maintained a gradual uptrend, with consulting projects offsetting outsourcing declines. Forecasts for 2Q FY2026 anticipate sales growth but a profit decline due to console‑game development expenses. Full‑year FY2026 projections expect profits to exceed initial targets, with medium‑term goals unchanged: a profit trough in FY2026 followed by rebound in FY2027–FY2028, and a focus on recurring revenue models and M&A to drive long‑term growth.

market-analysis metaverse streaming+2

GREE

Report

FY2026 Second Quarter Financial Results Briefing

The briefing presents FY2026 second‑quarter results for GREE Holdings, emphasizing four core segments—Game, VTuber, IP, and DX—and the Investment Business. Consolidated net sales reached ¥12.7 billion, operating profit stood at ¥0.4 billion, and ordinary profit rose to ¥0.58 billion, the latter boosted by foreign‑exchange gains from yen depreciation. Segment analysis shows net sales of ¥12.1 billion and operating profit of roughly ¥0.6 billion, with variable costs flat at ¥4.0 billion but fixed costs climbing by ¥0.63 billion due to labor, rental, and outsourcing expenses linked to console game development and VTuber production. Operating profit fell from ¥1.11 billion in Q1 to ¥0.59 billion, reflecting higher fixed costs despite a modest sales increase of ¥0.15 billion. The Game Business delivered ¥7.1 billion in sales and ¥0.5 billion in operating profit, turning profitable after a prior negative forecast; live‑service titles and upcoming console releases are highlighted. VTuber sales hit a record high, with operating profit at ¥0.2 billion; the Production Business grew 50% QoQ, driven by events and commerce. IP sales rose 41% QoQ to ¥0.5 billion, with anime distribution and new smartphone game launches cited as key drivers. DX sales were ¥1.84 billion with operating profit of ¥0.18 billion, noting a shift toward recurring‑earnings models and planned roll‑up M&A. Full‑year forecasts adjust sales downward due to Game Business trends but lift operating profit expectations to ¥4.4 billion, surpassing the initial ¥3.6 billion forecast through cost control. Medium‑term targets remain unchanged, aiming for a profit bottom in FY2026 followed by growth from FY2027 onward. The Investment Business recorded moderate distributions but incurred valuation losses, with a long‑term positive cumulative profit outlook and IRR above benchmarks.

market-analysis investment japan+1

GREE

Report

Conference Call: Q1 2023

Modern Times Group’s first-quarter 2023 performance reflects a period of stabilization and strategic adjustment within its global gaming portfolio. The company reported revenues of SEKm 1,306, representing a 4% year-on-year decline in reported revenue and an 11% decrease in organic revenue. This contraction is primarily attributed to challenging year-over-year comparisons, specifically regarding post-pandemic demand for InnoGames and platform incentive payments received by PlaySimple in the first quarter of 2022. Despite these headwinds, the company maintained an adjusted EBITDA of SEKm 263, achieving a 20% margin that remained stable on a like-for-like basis. The portfolio demonstrates divergent performance across segments. PlaySimple and Ninja Kiwi delivered strong underlying growth, with Word Games maintaining its position as the company’s strongest franchise for the fifth consecutive quarter. Conversely, the Strategy and Simulation segment experienced a difficult start to the year, though it showed signs of gradual improvement toward the end of the quarter. User engagement metrics indicate that growth in the Word Games category successfully offset challenges in acquiring new players for the Strategy and Simulation titles during the early months of the period. Financially, the company retains a robust balance sheet, characterized by a strong cash position and significant debt capacity. This liquidity supports ongoing operational requirements and provides flexibility for future mergers, acquisitions, and shareholder value initiatives. While free cash flow was impacted by earnout payments, the underlying cash conversion rate remains healthy at 51% for the quarter. The company continues to leverage its diverse intellectual property across multiple genres to navigate shifting market conditions and stabilize performance across its international gaming operations.

market-analysis mobile casual+1

Modern Times Group

Report

Financial Results for Fiscal Year Ended December 31, 2025: Japan

Financial Results of Fiscal Year Ended December 31, 2025 [Japanese GAAP] (Consolidated) Name of listed company: GungHo Online Entertainment, Inc. Stock exchange listing: Tokyo Stock Exchange URL: https://www.gungho.co.jp/en/ Representative: Kazuya Sakai, Representative Director & President, CEO Contact: Kazumasa Takayama, Corporate Officer, CFO & IRO, Executive General Manager of Corporate Planning Annual general shareholders’ meeting date: March 30, 2026 Securities report issuing date: March 1...

market-analysis investment japan+1

GungHo Online Entertainment

FY2015 Fourth Quarter Financial Results

FY2024 Third Quarter Financial Results Briefing

Summary of Main Supplementary Explanations Questions and Answers: FY2024 Fourth Quarter GREE Results Briefing

Letter to Shareholders: 2024

Summary of Financial Results for Third Quarter of Fiscal Year Ending December 31, 2018

Quarterly Financial Report: Q3 2020

Summary of Financial Results: Fiscal Year Ending December 31, 2018

Summary of Financial Results: First Half 2017

FY2025 Third Quarter Financial Results Briefing: GREE Holdings

Consolidated Financial Results for the Three Months Ended December 31, 2025: Japan

Summary of Financial Results for First Half of Fiscal Year Ending December 31, 2016

Summary of Financial Results for the First Quarter of Fiscal Year Ending December 31, 2016

Summary of main supplementary explanations questions and answers at the FY2026 First Quarter GREE Holdings, Inc. results briefing held on November 6, 2025 PDF

FY2026 1Q Financial Results Briefing: GREE Holdings

Consolidated Financial Results: FY3/26 First Quarter

FY2026 Second Quarter Financial Results Briefing

Conference Call: Q1 2023

Summary of Financial Results for Fiscal Year Ending December 31, 2015: Japan

Summary of Financial Results for Fiscal Year Ending December 31, 2017: Japan

Financial Results for Fiscal Year Ended December 31, 2025: Japan