Konami, which operates a number of popular social games on GREE and Mobage (with Dragon Collection being the top title), published its financial report for fiscal 2012 today. Mainly driven by a total of over 20 million users playing Konami-made social games in Japan, the company was able to grow...
GREE And DeNA Shares Go Up On Thursday [Social Networks]
In the aftermath of the “kompu gacha shock” that hit Japan’s social gaming industry hard yesterday, shares of GREE and Mobage operator DeNA rebounded today at the Tokyo Stock Exchange, after opening bid-only. It was the first time in four trading days for the two companies to see...
“Kompu Gacha” Social Game Mechanic Is History, Here’s How It All Went Down [Social Games]
Earthquake in Japan’s social gaming industry today: a council of six major Japanese companies in this space today announced they will abolish the controversial “kompu gacha” (complete gacha) function from all of their titles by the end of May. No new games offering the mechanic...
DeNA Hits US$529 Million Revenue In Q4, Closes FY2011 With US$1.8 Billion Revenue [Social Games]
Mobage operator DeNA today published its financial report for the last quarter of FY2011 and the fiscal as a whole. And the company again boasts record numbers. DeNA’s quarterly net sales reached US$529 million (+32% year-on-year), while operating profit increased to $234 million (+19%). For...
GREE Shares Drop 9.64% Today, DeNA Down 1.33% [Social Games]
GREE and Mobage operator DeNA saw their share prices dropping like a rock on Monday and stabilizing yesterday. But after GREE announced their earnings yesterday, the downward trend is continuing. I have a feeling that the market was just waiting for an external shock factor like the possible...
GREE’s Q3: Sales +182%, Profit +199% Year-On-Year [Social Games]
GREE continues to be in overdrive: very similar to what the company reported back in February for Q2, sales and profit have gone through the roof in Q3 of fiscal 2012. Net sales reached over 46 billion yen (US$575 million) in Q3, while operating profit hit 24.5 billion yen (US$307 million) –...