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...
Overview: Social Game Makers Lose US$3.8 Billion In Market Cap Today Due To Impending Regulation [Social Games]
Japan’s National Consumer Affairs Agency hasn’t even officially confirmed plans to regulate the lucrative gacha mechanism in social games, but listed companies in this industry in particular are already suffering. The list of the biggest losers at the Tokyo Stock Exchange today reads like a...
Reaction To Impending Regulation: DeNA And GREE Shares Drop Like A Rock [Social Games]
Two days after the Daily Yomiuri, Japan’s biggest newspaper, reported that Japan’s National Consumer Affairs Agency is planning to regulate a certain lucrative mechanism in social games, shares of makers are dropping like a rock. A few people in the industry (myself included) speculated...
“Complete Gacha”: Japanese Government To Regulate Social Game Mechanism Soon [Social Games]
Some people thought I went out on a limb when I speculated that Japan’s social gaming industry will get regulated “soon” four weeks ago (the post was later translated into Japanese by tech blog Startup Dating). But exactly that’s what’s very likely to happen. And as I...