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	JPY	USD
Revenue	74,906M	638.01M
Gross Profit	44,852M	382.03M
Operating income	11,498M	97.93M
Income before tax	14,598M	124.34M
Net income	10,122M	86.21M
EBITDA	12,115M	103.19M
Diluted EPS	54.00	0.46
Dividends Per Share	11	0.09
Total Assets	116,730M	859.22M
Total liabilities	25,799M	189.90M
Total equity	90,877M	668.92M
Operating cash flow	13,218M	112.58M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Jun 2018	Jun 2019	Jun 2020	Jun 2021	Jun 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 2018	Jun 2019	Jun 2020	Jun 2021	Jun 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
PER	15.09
ROA	7.84%
ROE	9.59%
Operating margin	15.34%
Profit margin	13.51%

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%)
Gree Board Incentive Plan (1.6%)
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%)
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 Board Incentive Plan
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

Last Updated on 29 Mar, 2023