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FY2025 First Quarter Financial Results

FY2025 First Quarter Financial Results FY25 1Q ◼ Net sales ¥12.9 billion, operating profit -¥0.1 billion, EBITDA -¥0.1 billion Financial Results ⁃ Although performance in the Investment Business was weak, results in the Game and Overview Anime Business, Metaverse Business, and DX Business surpassed expectations Game and ◼ Heaven Burns Red got off to a strong start in China Anime ...

market-analysis investment mobile+3

GREE

Report

FY2021 Fourth Quarter Financial Results

FY2021 Fourth Quarter Financial Results ◼ Net sales ¥56.8 billion, operating income ¥5.4 billion, EBITDA ¥6.2 Full- ⁃ Achieved YoY growth in operating income year ⁃ In the game business, made progress in strengthening the global operation systems and developing new titles FY21 ⁃ Continued making investments in the live entertainment business and the Actual advertising and media business ◼ Net sales ¥13.9 billion, operating income ¥1.5 billion, EBITDA...

market-analysis investment metaverse+2

GREE

Report

FY2024 Third Quarter Financial Results: GREE

FY2024 Third Quarter Financial Results FY24 3Q ◼ Net sales ¥17.2 billion, operating profit ¥2.5 billion, EBITDA ¥2.6 billion Overview ⁃ Achieved QoQ growth in sales and profit and results surpassed expectations Game and ◼ Successful 2nd anniversary events for Heaven Burns Red, QoQ growth in sales Net sales ¥13.0 billion<sub>(QoQ+¥2.5billion),</sub> operating profit ¥2.6 billion<sub>(QoQ+¥1.3 billion)</sub> Operational Overview ...

market-analysis mobile metaverse+1

GREE

Report

FY2023 Second Quarter Financial Results

The second‑quarter financial results for FY 2023 show net sales of ¥16.6 billion, operating income of ¥1.7 billion, and EBITDA of ¥1.8 billion, a slight decline from the prior quarter but an improvement over FY 2022. Ordinary income fell to ¥0.6 billion due to foreign‑exchange losses, while net income turned a ¥0.9 billion loss after a valuation hit on investment securities. Operating income growth was driven by the Investment and Incubation Business, which offset a decline in the Internet and Entertainment segment. Total costs decreased by ¥0.2 billion QoQ, largely from reduced advertising and commission fees; labor costs remained stable. Geographically the company continues to expand its global footprint, notably through the release of Korean and traditional Chinese versions of the flagship title “Heaven Burns Red,” which secured a spot on Google Play’s “Best Games of 2022.” The Metaverse platform REALITY achieved steady overseas sales growth, supported by events such as the Tokyo Dome World collaboration. The Commerce and DX divisions strengthened media potential via new social‑commerce initiatives, while the Investment and Incubation arm reported a total AUM of ¥77.3 billion, down slightly QoQ due to revaluation. Methodologically, the report aggregates consolidated financials from all operating units and includes detailed cost‑structure tables. It also presents investment performance metrics, noting a high IRR for FoF and CVC holdings. The document covers Japan‑based operations with significant international distribution activities, covering the period from FY 2022 through Q2 of FY 2023.

market-analysis investment metaverse+3

GREE

Report

FY2024 Fourth Quarter Financial Results

FY2024 Fourth Quarter Financial Results ◼ Net sales ¥61.3 billion, operating profit ¥6.0 billion, EBITDA ¥6.3 billion ⁃ Made progress on efforts to increase groupwide stable earnings and achieve medium-to- long-term growth and posted results in line with expectations ▪ Secured solid profit in the Game and Anime Business by strengthening cost controls for currently Full- operating titles year ▪ In the Metaverse Business, the Platform Business achieved positive profit o...

market-analysis investment metaverse+1

GREE

Report

FY2022 Fourth Quarter Financial Results

FY2022 Fourth Quarter Financial Results ◼ Net sales ¥74.9 billion, operating income ¥11.5 billion, Full- ⁃ Achieved YoY growth in sales and income year ∙ Produced several hits in the Game Business FY22 ∙ Made aggressive investments in the Metaverse Business and made progress in Actual ∙ developing it into a global business Strengthened the media potential of our Advertising and Media Business and ◼ Net sales ¥20.9 billion, operating income ¥3.8 bill...

market-analysis investment metaverse+2

GREE

Report

FY2022 Second Quarter Financial Results

The FY2022 second‑quarter results show a net sales increase to ¥19.5 billion, up 12.4 % from the prior year and 5.8 % QoQ, driven by a strong launch of “That Time I Got Reincarnated as a Slime: ISEKAI Memories.” Operating income rose to ¥2.5 billion, a 1.6‑fold jump from the previous year’s loss of ¥0.83 billion, largely due to higher game sales offsetting increased variable costs such as commission fees. EBITDA reached ¥2.7 billion, up 1.05 billion QoQ and 0.86 billion YoY, reflecting improved margin management. Key operational highlights include the expansion of the Metaverse platform REALITY with new video‑chat features and 12‑language support, and the launch of a marketing SaaS, “aumo My Business,” which attracted 10,000 physical‑store clients. The Advertising and Media segment saw higher ad spend (¥0.99 billion) but also introduced tourism‑association collaborations to boost regional revitalization. Investment activities remained robust, with total assets under management at ¥66.9 billion and direct investment valuations rising to ¥45.6 billion, driven by new VC fund placements in Japan and the United States. The GREE LP Fund and CVC units achieved IRRs above 20 % in the growth phase, outperforming domestic VC benchmarks. Financially, total costs climbed to ¥16.99 billion, mainly due to higher commission and labor expenses, yet operating income growth outpaced cost increases. Shareholder returns were reinforced through a ¥32.7 billion stock‑repurchase program and a 62.5 million‑share cancellation, reducing the share base to 179.75 million. Overall, the quarter demonstrates successful new‑title performance, diversified revenue streams across entertainment, metaverse, and SaaS, and a solid investment portfolio, positioning the company for continued FY22 growth.

market-analysis game-publishing metaverse+3

GREE