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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 2020 JPYUSD
Revenue62,665M579.51M
Gross Profit34,063M315.00M
Operating income3,163M29.25M
Income before tax6,031M55.77M
Net income2,709M25.05M
EBITDA3,879M35.87M
Diluted EPS11.740.10
Dividends Per Share100.09
Total Assets126,492M1,172.47M
Total liabilities13,084M121.27M
Total equity113,366M1,050.80M
Operating cash flow4,386M40.56M
Currency in JPYCurrency in USD

Historical Data

 Jun 2016Jun 2017Jun 2018Jun 2019Jun 2020
Revenue 69,878M 65,369M 77,925M 70,936M 62,665M
Gross Profit 51,124M 43,431M 47,101M 39,536M 34,063M
Operating income 13,655M 8,298M 9,422M 5,477M 3,163M
Income before tax 8,783M 8,213M 6,824M 5,531M 6,031M
Net income 8,402M 12,116M 4,708M 3,485M 2,709M
EBITDA 15,366M 10,378M 10,805M 6,394M 3,879M
Diluted EPS 35.73 51.44 19.94 14.76 11.74
Dividends Per Share 8 11 14 10 10
Total Assets 112,370M 122,954M 125,361M 122,490M 126,492M
Total liabilities 9,766M 13,070M 12,324M 11,821M 13,084M
Total equity 102,604M 109,883M 113,036M 110,614M 113,366M
Operating cash flow 9,029M 12,395M 10,222M 7,871M 4,386M
 Jun 2016Jun 2017Jun 2018Jun 2019Jun 2020
Revenue 598.75M 599.22M 706.26M 638.53M 579.51M
Gross Profit 438.06M 398.12M 426.89M 355.88M 315.00M
Operating income 117.00M 76.06M 85.39M 49.30M 29.25M
Income before tax 75.25M 75.28M 61.84M 49.78M 55.77M
Net income 71.99M 111.06M 42.67M 31.37M 25.05M
EBITDA 131.66M 95.13M 97.93M 57.55M 35.87M
Diluted EPS 0.30 0.47 0.18 0.13 0.10
Dividends Per Share 0.06 0.10 0.12 0.09 0.09
Total Assets 1,095.33M 1,094.28M 1,131.77M 1,136.90M 1,172.47M
Total liabilities 95.19M 116.32M 111.26M 109.71M 121.27M
Total equity 1,000.13M 977.95M 1,020.50M 1,026.67M 1,050.80M
Operating cash flow 77.36M 113.62M 92.64M 70.85M 40.56M

Valuation Measures

Jun 2020
PER39.20
ROA2.17%
ROE2.41%
Operating margin5.04%
Profit margin4.32%

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. (8.9%)
  • Baillie Gifford & Co. (3.8%)
  • KDDI Corp. (3.3%)
  • Gree Employee Incentive Plan 2 (2.7%)
  • Nomura Asset Management Co., Ltd. (1.6%)
  • Wellington Management Co. LLP (1.1%)
  • 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 KK
  • 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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