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Technology Services

GREE, Inc.

Business Summary

GREE, Inc. engages in the operation and development of Internet media services. The company markets with the name GREE, a smart device centered on smartphone with social network system (SNS) functions, social games and other entertainment elements. Its services include games, live entertainment, media, advertising, and investment businesses. The company was founded by Yoshikazu Tanaka and Kotaro Yamagishi on December 7, 2004 and is headquartered in Tokyo, Japan.

Financial Highlights

Jun 2021 JPYUSD
Revenue56,766M532.90M
Gross Profit31,549M296.17M
Operating income5,379M50.49M
Income before tax13,398M125.77M
Net income13,533M127.04M
EBITDA6,195M58.15M
Diluted EPS61.200.57
Dividends Per Share12.500.11
Total Assets141,389M1,273.88M
Total liabilities21,175M190.78M
Total equity120,164M1,082.65M
Operating cash flow9,168M86.06M
Currency in JPYCurrency in USD

Historical Data

 Jun 2017Jun 2018Jun 2019Jun 2020Jun 2021
Revenue 65,369M 77,925M 70,936M 62,665M 56,766M
Gross Profit 43,431M 47,101M 39,536M 34,063M 31,549M
Operating income 8,298M 9,422M 5,477M 3,163M 5,379M
Income before tax 8,213M 6,824M 5,531M 6,031M 13,398M
Net income 12,116M 4,708M 3,485M 2,709M 13,533M
EBITDA 10,378M 10,805M 6,394M 3,879M 6,195M
Diluted EPS 51.44 19.94 14.76 11.74 61.20
Dividends Per Share 11 14 10 10 12.50
Total Assets 122,954M 125,361M 122,490M 126,492M 141,389M
Total liabilities 13,070M 12,324M 11,821M 13,084M 21,175M
Total equity 109,883M 113,036M 110,614M 113,366M 120,164M
Operating cash flow 12,395M 10,222M 7,871M 4,386M 9,168M
 Jun 2017Jun 2018Jun 2019Jun 2020Jun 2021
Revenue 599.22M 706.26M 638.53M 579.51M 532.90M
Gross Profit 398.12M 426.89M 355.88M 315.00M 296.17M
Operating income 76.06M 85.39M 49.30M 29.25M 50.49M
Income before tax 75.28M 61.84M 49.78M 55.77M 125.77M
Net income 111.06M 42.67M 31.37M 25.05M 127.04M
EBITDA 95.13M 97.93M 57.55M 35.87M 58.15M
Diluted EPS 0.47 0.18 0.13 0.10 0.57
Dividends Per Share 0.10 0.12 0.09 0.09 0.11
Total Assets 1,094.28M 1,131.77M 1,136.90M 1,172.47M 1,273.88M
Total liabilities 116.32M 111.26M 109.71M 121.27M 190.78M
Total equity 977.95M 1,020.50M 1,026.67M 1,050.80M 1,082.65M
Operating cash flow 113.62M 92.64M 70.85M 40.56M 86.06M

Valuation Measures

Jun 2021
PER9.57
ROA10.10%
ROE11.58%
Operating margin9.47%
Profit margin23.83%

Key executives

  • Chairman & President: Yoshikazu Tanaka
  • CFO, Director & Senior Executive Officer: Toshiki Oya
  • Director & Chief Technology Officer: Masaki Fujimoto
  • Executive Officer: Shintaro Aikawa
  • Director & Senior Executive Officer: Eiji Araki

Shareholders

  • TANAKA YOSHIKAZU /GREE/ (46.3%)
  • GREE, Inc. (11.6%)
  • Baillie Gifford & Co. (3.8%)
  • KDDI Corp. (3.3%)
  • Gree Employee Incentive Plan 2 (2.6%)
  • Nomura Asset Management Co., Ltd. (1.5%)
  • Wellington Management Co. LLP (1.2%)
  • FUJIMOTO MASAKI /GREE/ (0.9%)
  • Goldman Sachs Asset Management LP (0.9%)
  • The Vanguard Group, Inc. (0.9%)

Contact Details

  • Website:http://corp.gree.net
  • Address: Roppongi Hills Mori Tower, 6-10-1 Roppongi, Tokyo, 106-0032, Japan
  • Phone: +81.3.5770.9500

Related Companies

  • GREE Ventures, Inc.
  • Wright Flyer Live Entertainment, Inc.
  • Funplex, Inc.
  • Quant, Inc.
  • Gree Employee Incentive Plan 2
  • GREE International Entertainment, Inc.
  • GREE VR Capital LLC
  • GREE Dubai, Inc.
  • GREE Canada Ltd.
  • GREE do Brazil, Inc.
  • 3Minute, Inc.
  • Gree Employee Incentive Plan
  • Glossom, Inc.
  • STRIVE, Inc.
  • GREE Beijing Co., Ltd.
  • GREE Singapore Pte Ltd.
  • GREE Korea, Inc.
  • MARS Ltd.
  • Pokelabo, Inc.

Competitors

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