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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 2022 JPYUSD
Revenue74,906M638.01M
Gross Profit44,852M382.03M
Operating income11,498M97.93M
Income before tax14,598M124.34M
Net income10,122M86.21M
EBITDA12,115M103.19M
Diluted EPS54.000.46
Dividends Per Share110.09
Total Assets116,730M859.22M
Total liabilities25,799M189.90M
Total equity90,877M668.92M
Operating cash flow13,218M112.58M
Currency in JPYCurrency in USD

Historical Data

 Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022
Revenue 77,925M 70,936M 62,665M 56,766M 74,906M
Gross Profit 47,101M 39,536M 34,063M 31,549M 44,852M
Operating income 9,422M 5,477M 3,163M 5,379M 11,498M
Income before tax 6,824M 5,531M 6,031M 13,398M 14,598M
Net income 4,708M 3,485M 2,709M 13,533M 10,122M
EBITDA 10,805M 6,394M 3,879M 6,195M 12,115M
Diluted EPS 19.94 14.76 11.74 61.20 54.00
Dividends Per Share 14 10 10 12.50 11
Total Assets 125,361M 122,490M 126,492M 141,389M 116,730M
Total liabilities 12,324M 11,821M 13,084M 21,175M 25,799M
Total equity 113,036M 110,614M 113,366M 120,164M 90,877M
Operating cash flow 10,222M 7,871M 4,386M 9,168M 13,218M
 Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022
Revenue 706.26M 638.53M 579.51M 532.90M 638.01M
Gross Profit 426.89M 355.88M 315.00M 296.17M 382.03M
Operating income 85.39M 49.30M 29.25M 50.49M 97.93M
Income before tax 61.84M 49.78M 55.77M 125.77M 124.34M
Net income 42.67M 31.37M 25.05M 127.04M 86.21M
EBITDA 97.93M 57.55M 35.87M 58.15M 103.19M
Diluted EPS 0.18 0.13 0.10 0.57 0.46
Dividends Per Share 0.12 0.09 0.09 0.11 0.09
Total Assets 1,131.77M 1,136.90M 1,172.47M 1,273.88M 859.22M
Total liabilities 111.26M 109.71M 121.27M 190.78M 189.90M
Total equity 1,020.50M 1,026.67M 1,050.80M 1,082.65M 668.92M
Operating cash flow 92.64M 70.85M 40.56M 86.06M 112.58M

Valuation Measures

Jun 2022
PER15.09
ROA7.84%
ROE9.59%
Operating margin15.34%
Profit margin13.51%

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/ (61.6%)
  • KDDI Corp. (4.4%)
  • Gree Employee Incentive Plan 2 (3.2%)
  • FUJIMOTO MASAKI /GREE/ (1.3%)
  • The Vanguard Group, Inc. (1.0%)
  • Nomura Asset Management Co., Ltd. (0.9%)
  • Goldman Sachs Asset Management LP (0.8%)
  • Daiwa Asset Management Co. Ltd. (0.8%)
  • Storebrand Asset Management AS (0.6%)
  • BlackRock Fund Advisors (0.5%)

Contact Details

  • Website:http://corp.gree.net
  • Address: Roppongi Hills Gate Tower, 6-11-1 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 Co., Ltd.
  • STRIVE, Inc.
  • GREE Beijing Co., Ltd.
  • GREE Singapore Pte Ltd.
  • GREE Korea, Inc.
  • MARS Ltd.
  • Pokelabo, Inc.

Competitors

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