serkan AT kantan-games.co.jp

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Report: GREE’s Profit For The Last Quarter To Grow 300% Y-O-Y [Social Games]

The Nikkei just reported in its online edition that GREE will probably hit US$520 million in sales last quarter (three months through December 31). As if this wasn’t impressive enough, the paper says GREE is expecting operating profit to balloon to US$260 million.

If the report turns out to reflect the real numbers, GREE’s sales have shot up 180%, while profit even grew by about 300% year-on-year.¬†GREE’s financial year ends in June, and according to the report, a record operating profit in the range of US$ 910 million is possible (for the full fiscal).

What’s also interesting is that¬†ARPU last quarter apparently grew 100% year-on-year to 400 yen/US$5.20. (For a recent comparison of the ARPU between DeNA’s Mobage and GREE, click here.)

GREE is currently boasting a number of hit first-party titles that are generating healthy sales. The company is said to make US$26 million in revenue with popular RPG doliland alone.

Serkan Toto About Serkan Toto
I am the CEO & Founder of Kantan Games, Inc., a Tokyo-based game industry consultancy focused on the Japanese market. Please subscribe to updates on this site via RSS or Email.