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Summary of Main Supplementary Explanations Questions and Answers: GREE FY2022 Second Quarter Results

The briefing clarifies GREE’s strategic focus and financial outlook for the second quarter of FY2022. The company announces that “Heaven Burns Red” will launch on February 10, noting strong pre‑registration figures and fan enthusiasm. For the “REALITY” platform, GREE reports accelerated promotional efforts that have boosted North American sales per user; future plans emphasize continued marketing and feature development to position REALITY as a daily communication service. In the Investment and Incubation Business, unrealized gains on listed shares have fallen due to broader market declines, yet the firm maintains sizable gains and expects long‑term profitability despite short‑term exit timing effects. Capital strategy is highlighted through a substantial share repurchase program aimed at sustaining an ROE above 10 % and maintaining listing status in the Tokyo Stock Exchange’s prime section, even as share‑outstanding ratios approach regulatory thresholds. The “Money held in trust” line item is explained as short‑term, low‑risk investments treated similarly to cash. Finally, the company projects third‑quarter operating income for its Internet and Entertainment segment between ¥1.5 billion and just under ¥2.0 billion, driven by contributions from new titles. Overall, the presentation outlines GREE’s product rollout plans, market expansion tactics, investment portfolio resilience, capital allocation priorities, and near‑term earnings expectations within the broader context of a recovering market environment.

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GREE

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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...

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GREE

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FY2021 First Quarter Financial Results

The first‑quarter fiscal year 2021 results demonstrate a strong rebound in operating performance, with net sales rising to ¥15.2 billion and operating income reaching ¥1.6 billion, a 4% increase from the prior quarter and a 16% year‑on‑year gain. EBITDA climbed to ¥1.8 billion, reflecting lower fixed costs and a 7% improvement in operating‑income margin. Net income of ¥1.25 billion, while lower than the previous year’s ¥3.26 billion due to a one‑time valuation loss in FY20 Q4, still represents a 27% year‑on‑year increase after adjusting for extraordinary items. Geographically, the company expanded its global footprint by launching SINoALICE in 139 countries on July 1, and began distribution of DanMachi in China on September 24 with Another Eden slated for November 5. These initiatives contributed to a 1.4× increase in coin consumption for SINoALICE and stable overall app‑game revenue, underscoring the effectiveness of overseas distribution. The live‑entertainment platform REALITY added new original programs and avatar variations, while advertising campaigns such as the photo‑posting contest attracted over 10 million monthly users. Cost management drove a ¥1.4 billion reduction in total costs, primarily through lower advertising spend and the elimination of one‑time restructuring expenses. Labor and fixed costs fell by ¥1.41 billion, supporting the margin expansion. The company also executed a stock‑repurchase program of up to 20 million shares, costing ¥12 billion, to enhance shareholder value. Overall, FY21 Q1 reflects a solid operating turnaround driven by successful global expansion, disciplined cost control, and diversified revenue streams across games, live entertainment, and advertising.

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GREE

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FY2013 Fourth Quarter Financial Results

FY2013 Fourth Quarter Financial Results & Net sales and operating profit declined YoY to ¥152.2 billion and ¥48.6 billion respectively ⁃ Web games1 business: Full- ⁃ We were unable to fully capitalize the growth opportunities of the expanding year ⁃ smartphone market Native games2 business: ⁃ Grew rapidly to become a top global player ⁃ Year-end dividend: targeting same consolidated dividend payout ratio as in...

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GREE

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FY2017 Fourth Quarter Financial Results

FY2017 Fourth Quarter Financial Results & Net sales ¥65.4 billion, operating income ¥8.0 billion, EBITDA ¥10.1 ⁃ Created many hit titles in release blitz, achieved tur naround in game year ⁃ Leveraged operational capabilities to stabilize sales of long-running titles ⁃ Game operation business transactions reached around 10 billion coins FY17 ⁃ Focused on advertising and me dia businesses that use video as a key & Net sales ¥19.2 billion, operating income ¥2.4 bil...

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GREE

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Summary of Main Questions and Answers at the FY2018 First Quarter GREE Results Briefing

The briefing, held on October 27 2017, focused on GREE’s first‑quarter FY2018 performance and future strategy. Commission fees rose quarter‑on‑quarter, driven by overall sales growth and a higher proportion of revenue from partner titles with strong intellectual property. Advertising spend outlook for the second quarter varies by segment: the game and entertainment arm will tighten costs while continuing to invest in advertising for its expanding user base, expecting a return on investment. Coin consumption is projected to dip temporarily after the strong start of Q4 FY2017 releases, yet titles such as *Another Eden: The Cat Who Goes Beyond Time*, *SINoALICE*, *Senki Zesshou SYMPHOGEAR XD Unlimited*, and *Is It Wrong to Try to Pick Up Girls in a Dungeon: Memoria Freeze* drove robust coin usage in Q1. GREE’s overseas native‑game development pipeline is expected to take a minimum of three months from announcement to launch, averaging six months. The company emphasizes delivering versions faithful to the original Japanese product and local operation for success in China, noting that Chinese users prefer authenticity and require localized fine‑tuning with strong local partners. In the VR arena, GREE is expanding its development knowledge base and partnering to provide access points for users lacking personal VR hardware, anticipating market growth. Regarding the domestic native‑game environment, GREE acknowledges rising user expectations and a challenging acquisition landscape. Leveraging its financial strength and industry relationships, the company plans large‑scale development and mixed‑media initiatives to deliver hit titles. Sales of native games are expected to experience a temporary decline before operations are strengthened—through larger support teams, content enhancement, overseas launches, and tailored promotional activities—to drive subsequent growth.

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GREE

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FY2016 Fourth Quarter Financial Results

FY2016 Fourth Quarter Financial Results Copyright © GREE, Inc. All Rights Reserved. Executive Summary GREE & Net sales ¥69.9 billion, operating income ¥14.2 Full- ⁃ Native game business: Made progress on development of new ⁃ Web game business: Operations off to a smooth start FY16 ⁃ New businesses: Launched services for home visual platform LIMIA Actual & Net sales ¥15.6 billion, operating income ¥2.2 4Q ⁃ Str...

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GREE

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FY2022 3Q Financial Results Briefing

The briefing presents GREE, Inc.’s FY2022 third‑quarter financial performance and strategic outlook. Net sales reached ¥20.8 billion, operating income stood at ¥3.6 billion, and EBITDA was ¥3.8 billion, with the Internet and Entertainment Business contributing ¥3.1 billion of operating income. A key driver was the launch of “Heaven Burns Red” on February 10, which achieved multiple No. 1 sales rankings and generated significant revenue growth; aggressive advertising spending of approximately ¥900 million, nearly double the prior quarter, supported this success. Variable costs fell due to a favorable sales mix, while fixed costs rose slightly from one‑time office relocation expenses. The Investment and Incubation Business delivered a stable ¥0.4 billion operating income, with assets under management reaching ¥71.4 billion. Geographically the results reflect Japan‑centric operations, with a growing global distribution effort in the Metaverse segment through the REALITY platform. The company projects continued growth for FY2022, estimating fourth‑quarter operating income of ¥2.5–¥3.0 billion for the Internet and Entertainment Business, contingent on new title performance. Dividend policy remains steady at ¥11 per share, targeting a 2 % dividend‑on‑DOE and a consolidated payout ratio of at least 20 %. Methodologically, the briefing draws on quarterly financial statements and internal cost‑structure analysis. It highlights ongoing content releases (e.g., “Echoes of Mana”), planned annual launches of 2–3 in‑house titles, and expanding SaaS offerings such as “aumo My Business.” Investment performance metrics (IRR across phases) indicate alignment with benchmarks, while market‑related valuation adjustments have kept investment book values flat.

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GREE

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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(QoQ+¥2.5billion), operating profit ¥2.6 billion(QoQ+¥1.3 billion) Operational Overview ...

market-analysis mobile metaverse+1

GREE

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FY2013 Third Quarter Financial Results

FY2013 Third Quarter Financial Results & Sales and profit declined QoQ: Net sales of ¥37.8 billion, operating profit of ¥10.8 billion Third Quarter ⁃ Japan: Coin consumption on smartphone titles grew, but fell short of targets Highlights ⁃ Overseas: Coin consumption has doubled on strong performance from titles developed ⁃ Posting extraordinary loss of ¥4.03 billion on one-time write-off of assets related to some Revised & Downward revision of full-year forecast FY2013 ⁃ In ...

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GREE

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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.

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GREE

Report

Summary of main supplementary explanations questions and answers at the FY2022 Fourth Quarter GREE results briefing held on August 4, 2022 PDF

The briefing focused on GREE’s financial performance and strategic initiatives for FY2022, highlighting the strong contribution of new titles such as *Heaven Burns Red* and anniversary events to quarter‑over‑quarter earnings growth. The company attributed this success to a “release blitz” strategy launched in FY2017, which has since strengthened marketing, game quality through an engine‑centric approach, and content volume at launch. These measures have enabled the company to exceed fan expectations, generate significant social media buzz, and deliver high‑quality 3D rendering. Investment in the Metaverse Business is progressing as planned, with a ¥10 billion allocation over two to three years and the business reaching breakeven. GREE intends to continue expanding its global user base and sales through further investment. The DX Business is being restructured to integrate marketing support services, creating a data‑driven platform that offers comprehensive digital transformation solutions to corporate clients. Meanwhile, the Manga Business is introduced as part of a broader media diversification strategy aimed at leveraging first‑party IP across games, anime, and manga to broaden user engagement channels. The Investment and Incubation Business is expected to provide stable medium‑to‑long‑term earnings, with a target return on investment of 10 % or higher. For FY2023 Q1, operating income in the Internet and Entertainment segment is projected at ¥1.0–¥1.5 billion, reflecting a decline from the strong performance of new titles and anniversary events in FY2022 while anticipating continued system‑strengthening investments.

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GREE

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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...

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GREE

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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.

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GREE

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Supplementary Explanation: FY 2020 Third Quarter GREE Results

The supplementary explanation clarifies the financial performance of GREE for FY 2020 third quarter. It attributes the quarter‑over‑quarter decline in sales to a strategic shutdown of certain titles during a portfolio reevaluation and weaker results in the Advertising and Media segment, both influenced by the COVID‑19 pandemic. Conversely, operating income rose because high‑margin first‑party IP titles performed strongly and promotional costs were streamlined. The COVID‑19 crisis is noted to have indirectly affected the Game Business through postponed anime broadcasts and directly impacted the Advertising and Media business. For the fourth quarter, GREE projects continued weakness in sales and income within the Advertising and Media segment due to ongoing pandemic effects. The company plans restructuring measures under the assumption that COVID‑19 will persist, acknowledging a potential one‑time loss in Q4 but expressing confidence in establishing a solid earnings base from FY 2021 onward. The explanation covers Japan‑centric operations, focusing on game and media revenues for the fiscal year ending 2020. It relies on internal financial data, portfolio reviews, and cost‑management initiatives to explain performance shifts. The narrative emphasizes strategic adjustments in response to market disruptions, projecting a recovery trajectory beginning with the next fiscal year.

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GREE

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Mixi Report: FY2013 Business Results

The FY2014 business results demonstrate a strategic pivot toward new growth areas after a period of declining sales and income. Net sales fell 3 % from ¥12,632 million in FY2013 to ¥12,155 million in FY2014, while operating income contracted sharply from ¥2,574 million to ¥480 million, resulting in a net loss of ¥227 million. The decline is largely attributed to reduced performance in the traditional “mixi” social networking segment, which has been restructured toward network advertising and staff redeployment to higher‑margin initiatives. In contrast, the Content Group’s flagship mobile game Monster Strike delivered a robust recovery: fourth‑quarter sales rose 143.8 % to ¥5,798 million, operating income reached ¥990 million, and net profit stood at ¥1,345 million. Monster Strike’s success is linked to aggressive marketing, including nationwide TV commercials and a focus on multiplayer features that encourage daily play among friends. The company plans to expand the game overseas, targeting China, Hong Kong, Macau, and Taiwan, with a partnership with Tencent to localize the service. Other segments—Media and Life Events—continue to grow. The “nohana” photobook business achieved a 16 % increase in paid purchase rates, while the “Find Job!” job‑advertising service maintained a stable user base of 700 k members. Mixi’s equity ratio improved to 84.5 % after a ¥6.5 billion public offering, and a five‑for‑one stock split is scheduled for July 1 2014. Overall, the report highlights a shift from legacy social networking to diversified content and advertising services, with Monster Strike as the primary catalyst for returning profitability.

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mixi

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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...

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GungHo Online Entertainment

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

Summary of Financial Results for Fiscal Year Ending December 31, 2017 1!Or (Japanese GAAP) (Consolidated) This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. Name of listed company: KLab Inc.

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KLab

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

Summary of Financial Results for Fiscal Year Ending December 31, 2015 (Japanese GAAP) (Consolidated) hall p This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. Name of listed company: KLab Inc.

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KLab

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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.

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Modern Times Group