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GungHo sales grew 945% in first half of 2013

Grasshopper Manufacture owner GungHo Entertainment is absolutely minting it off mobile favourite Puzzle & Dragons, but signs suggests the phenomenon is starting to fade.

The publisher released its first-half financials recently, and as translated by analyst Dr Serkan Toto, it recorded sales of $763 million, a 945.5% year-on-year increase.

This resulted in an operating profit of $460 million, up 4331.2% year-on-year.

Puzzle & Dragons is responsible for the vast majority of sales. Breaking the results down into quarterly figures, Toto found that GungHo made $4.9 million in sales per day between April and June. That's more than double the $2 million per day it was making back in January and the $3.75 million per day it achieved in May.

Puzzle & Dragons has 17 million registered users, but GungHo noted that sales declined in July, and it expects to finish the month with a total of $138 million. That works out at $4.5 million per day, and suggests interest may be dying off a little when compared to the previous quarter.

Puzzle & Dragons will be released in Europe later this year, and a 3DS version is expected.

GungHo picked up Grasshopper Manufacture earlier this year and also owns Tenchu and Shinobido developer Acquire, among a number of mobile and casual studios.

Thanks, Joystiq.

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Brenna Hillier avatar

Brenna Hillier

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Based in Australia and having come from a lengthy career in the Aussie games media, Brenna worked as VG247's remote Deputy Editor for several years, covering news and events from the other side of the planet to the rest of the team. After leaving VG247, Brenna retired from games media and crossed over to development, working as a writer on several video games.
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