GREE, Inc. Faces Mixed Financial Results

GREE (JP:3632) has released an update.

GREE, Inc. reports a significant decline in its consolidated financial results for the fiscal year ended June 30, 2024, with net sales, operating profit, and profit attributable to shareholders of parent all seeing a substantial drop compared to the previous fiscal year. The downturn is attributed to decreased sales in the Game and Anime Business and a fall in operating income from the Investment Business. Conversely, non-consolidated financial results show a mixed outcome, with a decrease in net sales and operating profit, but an increase in net income due to higher dividends from consolidated subsidiaries.

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