Gree Inc (3632.T)

3632.T on Tokyo Stock Exchange

22 Mar 2018
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Latest Key Developments (Source: Significant Developments)

Gree International Entertainment acquires Blockbuster Mobile gaming franchise, Dragonsoul
Thursday, 6 Oct 2016 

Gree International Entertainment : Gree International Entertainment acquires Blockbuster Mobile gaming franchise, Dragonsoul . Perblue's team will continue to create brand new games, support previously developed games that are not part of deal . Terms of deal state that GIE will be acquiring assets only related to dragonsoul franchise .Will continue to operate its franchises including knights & dragons and modern war.  Full Article

Gree unit fully buys PerBlue, Inc. for $28 mln
Thursday, 6 Oct 2016 

Gree Inc <3632.T>: Says its wholly owned unit GREE International Entertainment, Inc. fully acquired PerBlue, Inc. for about $28 million on Oct. 6 . Says PerBlue, Inc. is a developer and publisher of smartphone games, based in the U.S. .Says a wholly owned unit of GREE International Entertainment, Inc., Parrot Merger, Inc., was merged into PerBlue, Inc..  Full Article

Adores announces virtual reality business alliance with GREE, Inc.
Friday, 26 Aug 2016 

Adores Inc <4712.T>:Says it entered into agreement with GREE, Inc.<3632.T> to cooperate on virtual reality business on Aug. 26.  Full Article

Andrew Sheppard appointed CEO of Gree International Entertainment
Thursday, 25 Aug 2016 

Gree Inc <3632.T> :Andrew Sheppard appointed Chief Executive Officer of Gree International Entertainment.  Full Article

Gree plans sale of US-based unit for $6 mln
Tuesday, 16 Aug 2016 

Gree Inc <3632.T> : Says it plans to transfer title operation excluded business in its wholly owned US-based unit GREE International, Inc (GII), to GII's wholly owned unit GREE International Entertainment, Inc (GIE) . The co will take over GIE from GII . Co plans to sell entire 75,000 shares in GII (after business transfer) to a US-based Internet media firm RockYou, Inc. for $6 million .Transaction date on Aug. 16.  Full Article

Gree to sell unit Pokelabo, Inc. for 420 mln yen
Wednesday, 22 Jun 2016 

Gree Inc <3632.T>:Says it will sell 100 percent stake in Pokelabo, Inc.(currently named Mynet Games) to Mynet Inc <3928.T> for 420 million yen in total.  Full Article

GREE, Inc to transfer business to unit ExPlay
Thursday, 28 Apr 2016 

GREE, Inc:Says it to transfer customer experience business to wholly owned Tokyo-based subsidiary ExPlay.Says the company split planned effective on July 1.  Full Article

Mynet to fully acquire Mynet Games from GREE, Inc
Thursday, 21 Apr 2016 

Mynet Inc:To acquire 134,800 shares (100 pct stake) of Mynet Games at 254 million yen from Gree Inc on May 31.  Full Article

GREE, Inc revises consolidated full-year outlook for FY 2016
Thursday, 21 Apr 2016 

GREE, Inc:Says the company lowered the consolidated full-year outlook for revenue to 70,000 million yen from 72,000 million yen for FY ending June 2016.Operating profit forecast remained at 14,000 million yen.Ordinary profit forecast decreased to 12,500 million yen from 14,000 million yen.Net profit forecast increased to 11,500 million yen from 8,000 million yen.Earnings per share increased to 49.16 yen from 34.12 yen.Comments the costs control, loss on exchange and reduced expenses of taxation are the main reasons for the forecast.  Full Article

BRIEF-R&I affirms Gree's rating at "BBB" and says negative outlook-R&I

* Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "BBB"-R&I