Yoshikazu Tanaka, Founder, Chairman and CEO

To our shareholders and investors,

We would like to express our sincere appreciation for your continued support.

Guided by our mission, “Making the world a better place through the Internet,” we are making proactive investments across our business segments: Game, Metaverse, IP, DX, and Investment. The status of each segment for the fiscal year ended June 30, 2025 is as follows:

Game Business

We focused on stabilizing revenue through long-term operations of existing smartphone games and enhancing profitability via overseas expansion, while also advancing the development of new titles. We released a new smartphone game during the fiscal year. Although it made a certain contribution, the business remained centered on existing titles and overall performance was sluggish.

Metaverse Business

In the platform business, the expansion of content and features for REALITY, the metaverse for smartphones, and global expansion continued. We also worked on cost-efficiency improvements, significantly enhancing our profit structure. While continuing proactive investments in the VTuber business, the Metaverse business as a whole performed steadily.

IP Business

Recognizing the increasing importance of IP and content domains such as anime and manga, in which our group has long engaged, we established the IP Business Department effective April 1, 2025, and launched the new reportable segment for the fiscal year. Although the licensing business performed sluggishly, we progressed in investments to lay the foundation for a full-scale launch of new businesses in this segment.

DX Business

We continued proactive investment in shifting toward a recurring-revenue business model. The DX Business progressed according to plan and maintained steady performance.

Investment Business

We continued investing in venture capital and startups, focusing on the Internet and IT sectors. Although revenue from investee funds increased, the segment as a whole experienced sluggish performance due to valuation adjustments of holdings.

As a result, for the fiscal year ended June 30, 2025, the Group’s consolidated net sales was ¥57,111 million (down 6.8% YoY), and operating profit was ¥4,860 million (down 18.7% YoY).

Moving forward, the GREE Group identifies the Metaverse, DX, and IP Businesses as continuous growth businesses, and the Game Business as a long-term investment business. We will continue to enhance corporate value by steadily growing core earnings in the continuous growth businesses and capturing upside in earnings from the long-term investment business.

We kindly ask for your continued support and encouragement.

Yoshikazu Tanaka
Chairman and CEO

Investor Relations