GREE Reports Downturn but Raises Dividend

GREE (JP:3632) has released an update.

GREE, Inc. reported a decline in all major financial metrics for the fiscal year ended June 30, 2024, with net sales down 18.7%, operating profit reduced by 52.1%, and profit attributable to shareholders falling 50.1%. Despite the downturn, the company increased its year-end dividend per share from 11.00 yen to 16.50 yen. GREE has decided not to provide a consolidated earnings forecast for the next fiscal year due to rapid changes in the business environment impacting its Investment Business.

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