GungHo Made $3.76 Million a Day in April with Puzzle & Dragons

Puzzle & Dragons proves to be more than a little profitable for GungHo Entertainment.

The success of Japanese mobile title Puzzle & Dragons has reached almost astronomical proportions. GungHo Entertainment raked in a whopping $3.76 million each day in April, with Puzzle & Dragons garnering 13 million players in that time.

GungHo reported ¥12 billion ($118 million) in revenue for the month of April, marking a 1,142% increase in revenue over last year. Puzzle & Dragons alone made up $113 million in revenue.

The company's share price rose 28.79% on the Osaka Stock Exchange this morning, and the market closed with GungHo's market cap sitting at $10 billion. This is higher than Japanese mobile giants Mobage, DeNA, and GREE; as well as Western giant Zynga combined.

The 13 million Puzzle & Dragons players make up 10% of the whole of Japan's population. Who new a single game could be so successful? The game is set to release on the Nintendo 3DS later this year. Will this new release see the same type of success?

Published May. 13th 2013

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