Revision of Full-Year Consolidated Earnings Forecasts and Recognition of an Operating Loss and Extraordinary Losses
Marvelous Inc. (filing company)
Rune Factory: Guardians of Azuma, STORY OF SEASONS: Grand Bazaar, Browser Sangokushi Ten, and titles released in North America as part of the amusement business
Revenue from Browser Sangokushi Ten fell below expectations, and the operational performance of titles released in North America also fell below expectations. After carefully considering their future recoverability, the Company determined that the related assets should be amortized, written down and impaired.
The Company expects to recognize an operating loss of ¥811 million, an operating loss of ¥11 million and an extraordinary loss of ¥298 million. These effects are included in the revised full-year consolidated earnings forecast.
Full fiscal year ending March 2026 (1 April 2025 to 31 March 2026)
Revised. The revised forecast calls for revenue of ¥37,900 million, operating income of ¥2,200 million, ordinary income of ¥2,800 million and net income attributable to owners of the parent of ¥1,900 million.
Company response
No operations suspended. Services for all titles will continue.
Services for all titles will continue, and the Company will work to improve profitability by optimizing operating costs and transitioning to a more efficient operating structure.
| Item | Details |
|---|---|
| Event name | Revision of Full-Year Consolidated Earnings Forecasts and Recognition of an Operating Loss and Extraordinary Losses |
| Subject Entity | Marvelous Inc. (filing company) |
| Target Locations / Products | Rune Factory: Guardians of Azuma, STORY OF SEASONS: Grand Bazaar, Browser Sangokushi Ten, and titles released in North America as part of the amusement business |
| Cause | Revenue from Browser Sangokushi Ten fell below expectations, and the operational performance of titles released in North America also fell below expectations. After carefully considering their future recoverability, the Company determined that the related assets should be amortized, written down and impaired. |
| Amount of Impact on Business Performance | The Company expects to recognize an operating loss of ¥811 million, an operating loss of ¥11 million and an extraordinary loss of ¥298 million. These effects are included in the revised full-year consolidated earnings forecast. |
| Accounting period in which recognized | Full fiscal year ending March 2026 (1 April 2025 to 31 March 2026) |
| Impact on Earnings Forecast | Revised. The revised forecast calls for revenue of ¥37,900 million, operating income of ¥2,200 million, ordinary income of ¥2,800 million and net income attributable to owners of the parent of ¥1,900 million. |
| Suspended operations | No operations suspended. Services for all titles will continue. |
| Outlook | Services for all titles will continue, and the Company will work to improve profitability by optimizing operating costs and transitioning to a more efficient operating structure. |
Items this document does not state (16)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Earnings exceeded expectations due to strong sales of Rune Factory: Guardians of Azuma and STORY OF SEASONS: Grand Bazaar, expansion of the amusement business in Asia, increased secondary-use revenue from older TV anime titles, company-wide cost controls and foreign exchange gains. Meanwhile, revenue from Browser Sangokushi Ten fell below expectations, and the operational performance of titles released in North America was below expectations, resulting in the amortization, write-down and impairment of related assets.