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) –...
GREE And DeNA Shares Are Stable Today [Social Games]
After taking a “historic” beating yesterday because of a possible regulation regarding the “konpu gacha” game mechanic, things are looking relatively stable today for GREE and Mobage operator DeNA. At the Tokyo Stock Exchange, shares of both companies plunged early in the...
Capcom’s Financial Report: Social And Online Games Seem To Be Their Future [Social Games]
Capcom issued their financial report for fiscal 2011 yesterday, and the company is making it clear it sees its future in two areas: online and social games. I have heard that before. All IR material can be downloaded in English from here. Things aren’t looking too rosy overall: Here are the...