Japan · Delayed Price · Currency is JPY GREE Holdings Earnings Call Transcripts
Fiscal Year 2026
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Net sales reached JPY 12.8 billion and operating profit was JPY 1.1 billion, with profit up QoQ and YoY due to FX and investment gains. VTuber business saw record profit, while game and IP segments faced sales declines but maintained profitability through cost controls.
Fiscal Year 2025
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FY 2025 saw strong profitability and segment performance, with net sales of JPY 57.1 billion and operating profit of JPY 4.9 billion. FY 2026 guidance anticipates sales growth but lower operating profit due to increased development costs, especially in the Game business.
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Sales and profit rose QoQ, led by strong game, anime, and investment business performance. Full-year sales are expected to decrease due to delayed game releases, but operating profit is forecast to rise. Investment business valuation and IRR remain robust.
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Q1 FY2025 saw net sales of JPY 12.9B and an operating loss of JPY 0.1B, mainly due to investment business valuation losses and foreign exchange impacts. Game, Anime, Metaverse, and DX segments outperformed forecasts, while investment business volatility weighed on results.
Fiscal Year 2024
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FY 2024 results met expectations with stable earnings, but sales and profit declined YoY due to fewer major events and higher development costs. FY 2025 guidance anticipates lower profit from increased investment, with growth expected to resume in FY 2027.