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Technology Services

GREE, Inc.

Business Summary

GREE, Inc. engages in the operation and development of internet media business. It markets GREE, a smart device centered on smartphone with social network system (SNS) functions, social games and other entertainment elements. It operates through game, media, advertising, and investment businesses. The company was founded by Yoshikazu Tanaka on December 7, 2004 and is headquartered in Tokyo, Japan.

Financial Highlights

Jun 2019 JPYUSD
Revenue70,936M638.53M
Gross Profit39,536M355.88M
Operating income5,477M49.30M
Income before tax5,531M49.78M
Net income3,485M31.37M
EBITDA6,394M57.55M
Diluted EPS14.760.13
Dividends Per Share100.09
Total Assets122,490M1,136.90M
Total liabilities11,821M109.71M
Total equity110,614M1,026.67M
Operating cash flow7,871M70.85M
Currency in JPYCurrency in USD

Historical Data

 Jun 2015Jun 2016Jun 2017Jun 2018Jun 2019
Revenue 92,456M 69,878M 65,369M 77,925M 70,936M
Gross Profit 67,130M 51,124M 43,431M 47,101M 39,536M
Operating income 20,116M 13,655M 8,298M 9,422M 5,477M
Income before tax 1,990M 8,783M 8,213M 6,824M 5,531M
Net income -10,322M 8,402M 12,116M 4,708M 3,485M
EBITDA 25,195M 15,366M 10,378M 10,805M 6,394M
Diluted EPS -43.85 35.73 51.44 19.94 14.76
Dividends Per Share 0 8 11 14 10
Total Assets 117,636M 112,370M 122,954M 125,361M 122,490M
Total liabilities 22,620M 9,766M 13,070M 12,324M 11,821M
Total equity 95,016M 102,604M 109,883M 113,036M 110,614M
Operating cash flow 22,419M 9,029M 12,395M 10,222M 7,871M
 Jun 2015Jun 2016Jun 2017Jun 2018Jun 2019
Revenue 806.60M 598.75M 599.22M 706.26M 638.53M
Gross Profit 585.65M 438.06M 398.12M 426.89M 355.88M
Operating income 175.49M 117.00M 76.06M 85.39M 49.30M
Income before tax 17.36M 75.25M 75.28M 61.84M 49.78M
Net income -90.05M 71.99M 111.06M 42.67M 31.37M
EBITDA 219.80M 131.66M 95.13M 97.93M 57.55M
Diluted EPS -0.38 0.30 0.47 0.18 0.13
Dividends Per Share 0 0.06 0.10 0.12 0.09
Total Assets 961.35M 1,095.33M 1,094.28M 1,131.77M 1,136.90M
Total liabilities 184.85M 95.19M 116.32M 111.26M 109.71M
Total equity 776.49M 1,000.13M 977.95M 1,020.50M 1,026.67M
Operating cash flow 195.58M 77.36M 113.62M 92.64M 70.85M

Valuation Measures

Jun 2019
PER33.84
ROA2.81%
ROE3.11%
Operating margin7.72%
Profit margin4.91%

Key executives

  • Chairman & President: Yoshikazu Tanaka
  • Director, CTO & Senior Executive Officer: Masaki Fujimoto
  • Executive Officer: Shintaro Aikawa
  • Executive Officer & GM-Business Administration: Shozo Mizuno
  • Director & Senior Executive Officer: Eiji Araki

Shareholders

  • TANAKA YOSHIKAZU /GREE/ (46.3%)
  • Baillie Gifford & Co. (3.3%)
  • KDDI Corp. (3.3%)
  • Gree Employee Incentive Plan 2 (3.0%)
  • GREE, Inc. (1.8%)
  • Wellington Management Co. LLP (1.6%)
  • BlackRock Advisors (UK) Ltd. (1.3%)
  • Nomura Asset Management Co., Ltd. (1.2%)
  • The Vanguard Group, Inc. (1.0%)
  • FUJIMOTO MASAKI /GREE/ (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

  • 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.
  • GREE Ventures, Inc.
  • GREE Beijing Co., Ltd.
  • GREE Singapore Pte Ltd.
  • GREE Korea, Inc.
  • MARS Ltd.
  • Pokelabo, Inc.

Competitors

  • Glu Mobile Inc.
Last Updated on 11 Oct, 2019

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