Another Eden and SINoALICE promotions push GREE revenues up to $190.6 million

Profits fall drastically to just $16.8 million

Another Eden and SINoALICE promotions push GREE revenues up to $190.6 million

GREE has released its financials for its Q1 FY18 for the three months ending September 30th 2017.

The company posted revenues of $190.6 million for the quarter, up 45% year-on-year. However, profits for the quarter fell dramatically, dropping 82.4% year-on-year to $16.8 million.

It did not break out its game revenues specifically, though it did note that it has started "full-scale operation" of its hit titles and made progress developing new games.

Big promotions

Another Eden, for example, has received large-scale advertising and promotion along with constant updates to the game. GREE's other big game, SINoALICE, had a cross-promotional campaign with console game NieR: Automata and added new content.

Looking ahead, GREE plans to launch one first-party developed title in its next financial year. Just five of its future releases will be developed by third-party studios, with four of these games expected in the second half of its fiscal year.

Earlier in 2017, the company decided to move all its operations back to Japan and closed its overseas studios. It then partnered with Crunchyroll to launch some of its Japan-focused games worldwide.


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