Investor Relations

Individual Investors

Market Environment

Japanese mobile game market

The data is provided by Morgan Stanley Research.

Browser Games(FP)

Browser Games(SP)

Native Apps

Browser Games(PC)

(mn yen)

Source: Company data, Japan Online Game Association, Morgan Stanley Research.
e=Morgan Stanley Research estimates. These are as of Mar 27th, 2015.

These materials are not a research report. The information and opinions in these materials were prepared by the employees of Morgan Stanley & Co. LLC, including the Morgan Stanley Research Department, and its affiliates (collectively "Morgan Stanley").  These materials are solely for informational and discussion purposes. Morgan Stanley does not undertake to update these materials and the conclusions discussed may change without notice. Morgan Stanley shall not in any way be liable for claims relating to these materials and makes no express or implied representations or warranties as to their accuracy or completeness or for statements or errors contained in, or omissions from, them. Past performance is not necessarily a guide to future performance. This material is not a solicitation of any offer to buy or sell any security, commodity or other financial instrument or to participate in any investment strategy. This material was not intended or written to be used, and it cannot be used by any taxpayer, for the purpose of avoiding penalties that may be imposed on the taxpayer under U.S. federal tax laws. Each taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor. The trademarks and service marks contained herein are the property of their respective owners. Copyright © by Morgan Stanley 2015, all rights reserved.