Gaming News, Game Reviews, Game Trailers, Tech News

dtoid   |   japanator   |   flixist   |   tomopop   |   store



GungHo makes 12B in April, market cap eclipses Nintendo


Ten percent of Japan's population playing Puzzle & Dragons

GungHo Online Entertainment had something of a strong April, one might say. Grasshopper Manufacture's new parent company made a tidy ¥12 billion ($118 million) in revenue last month, thanks in large part to its blockbuster mobile hit, Puzzle & Dragons

Puzzle & Dragons hauled in more than $113 million in April, garnering more than 13 million downloads in Japan alone. That's roughly 10 percent of the country's population. Wow.

GungHo's share price reportedly increased 28.8 percent within "just a few minutes" of trading on the Osaka Stock Exchange, eventually settling on a cool ¥1,342 million per share. The company's market cap is currently valued at ¥1.54 trillion ($15.1 billion), putting it just north of Nintendo's 15 billion and in the same ballpark as Activision Blizzard's own $16.7 billion.

I really hope Kazuki Morishita is doing laps in a Scrooge McDuck-esque swimming pool right about now.

GungHo: Puzzle & Dragons Generated US$113 Million In Sales In April [Serkan Toto via GamesIndustry]

The article continues below. Login to skip ads, get faster mobile, and dibs on betas


Kyle MacGregorWeekend Editor // Profile & Disclosures
Fronts2235Posts42Blogs 58Following70Followers112

used to work Now I just hang around and make a more


#GungHo Online #Industry Bull #mobile games #Money


Please login (or) make a quick account (free)
to view and post comments.

 Login with Twitter

 Login with Dtoid

Three day old threads are only visible to verified humans - this helps our small community management team stay on top of spam

Sorry for the extra step!