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Japan

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

Report

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

Report

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<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

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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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...

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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.

market-analysis monetization marketing+2

GREE

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Consolidated Financial Results: Fiscal Year Ending March 2023

Consolidated Financial Results for the Fiscal Year ending March 2023 ● Net sales increased by 112.2 billion yen or 22.6%, year on year to 608.0 billion yen. The electronic components business achieved significant growth both in the component sales business and the EMS business. Supply shortages and extended lead times were Results for generally resolved, and sales to a wide range of industries were high.

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Kaga Electronics Co.

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Consolidated Financial Results: Three Months Ending March 31, 2026

The consolidated financial results for the three months ending June 30, 2025, reflect a period of growth for Matsuda Sangyo Co., Ltd. amid a moderately recovering Japanese economy. The primary objective of this report is to detail the company’s financial performance and operational status across its two core segments: precious metals-related business and food-related business. The company maintains a positive outlook, reporting significant year-over-year increases in both revenue and profitability, while confirming that its previously announced earnings forecasts for the full fiscal year ending March 31, 2026, remain unchanged. Key financial metrics for the first quarter show net sales of 146,627 million yen, representing a 31.2% increase compared to the same period in the previous year. Operating profit rose by 19.7% to 3,743 million yen, while profit attributable to owners of the parent grew by 16.8% to 3,012 million yen. The precious metals segment benefited from increased recycling volumes and rising gold prices, alongside strong demand from the generative AI and data center sectors, contributing 115,526 million yen in revenue. The food-related business also performed well, achieving 31,112 million yen in revenue, supported by robust inbound demand and effective price adjustments to offset rising logistics and raw material costs. The company’s financial position remains stable, with total assets reaching 173,703 million yen as of June 30, 2025, and an equity-to-total-assets ratio of 58.3%. Cash flows from operating activities improved significantly, providing 181 million yen compared to a 4,783 million yen outflow in the prior year’s corresponding quarter. The results were prepared in accordance with Japanese GAAP, covering the company’s consolidated operations for the three-month period ending June 30, 2025.

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Matsuda Sangyo Co.

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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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Consolidated Financial Results for the Fiscal Year Ended March 31, 2021

Consolidated Financial Results for the Fiscal Year Ended March 31, 2021 Stock exchange listing: Tokyo Stock Exchange Representative: Koki Kimura, President and Representative Director Inquiries: Hiroyuki Ohsawa, Director and CFO Scheduled date of Ordinary General Meeting of Shareholders: June 25, 2021 Scheduled date of commencing dividend payments: June 10, 2021 Scheduled date of filing securities report: June 28, 2021 Availability of supplementary briefing material on financial results: Availab...

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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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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.

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GREE

FY2017 Fourth Quarter Financial Results

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

FY2016 Fourth Quarter Financial Results

FY2022 3Q Financial Results Briefing

FY2024 Third Quarter Financial Results: GREE

FY2013 Third Quarter Financial Results

FY2023 Second Quarter Financial Results

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

FY2024 Fourth Quarter Financial Results

FY2022 Second Quarter Financial Results

Supplementary Explanation: FY 2020 Third Quarter GREE Results

Consolidated Financial Results: Fiscal Year Ending March 2023

Consolidated Financial Results: Three Months Ending March 31, 2026

Mixi Report: FY2013 Business Results

Consolidated Financial Results for the Fiscal Year Ended March 31, 2021

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

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

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

FY2026 Second Quarter Financial Results Briefing

Consolidated Financial Results: FY3/26 First Quarter