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Treasure is a small, privately held company, consisting of around 30-40 members, though this number is somewhat misleading as they also employ independent contractors to assist development and sometimes partner with other companies like Nintendo, G. rev, and Sega to increase the size of their teams.

As a result, they have worked on many titles based on licenses, including Astro Boy, McDonald's, Bleach and Tiny Toon Adventures, as well as partnering with companies like Sega, Enix and Nintendo to produce original properties.

They have produced a handful of games independently, most notably their arcade shooters, Ikaruga and Radiant Silvergun.