By Dr. Serkan Toto – On Japan's Game Industry

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

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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.

About the author

Dr. Serkan Toto

I am the CEO & Founder of Kantan Games Inc., an independent consultancy focused on Japan’s game industry.

Please feel free to connect via Email (Serkan at kantangames.com), LinkedIn or Twitter.

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By Dr. Serkan Toto – On Japan's Game Industry