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Marvelous (7844) · FactAdvanced

Strength of the Live Entertainment Market and Growth in Stage Productions

First written in FY2017-Q3. 10 of 28 entries say "Advanced", first in FY2018-Q2. Latest entry: FY2026.

28entries
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How it moved
ProgressHeldSoftenedWorseSoftenedFY2024-Q3 – FY2025-H12017: 320172018: 320182019: 320192020: 420202021: 420212022: 320222023: 320232024: 220242025: 120252026: 22026
Same theme, other companies
Expansion of the live entertainment marketA theme 8 companies write about · 0 as a headwind · 9 as a tailwind

Marvelous moved to the "Worse" side of this theme in 2022.

0 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「For stage performances, the company staged new productions in series including "The Musical 'The Prince of Tennis,'" "Stage 'Touken Ranbu,'" "World Trigger the Stage," "The Musical 'Moriarty the Patriot,'" "The Musical 'Hakuoki: Shinkai,'" "Stage 'Joker Game,'" "'Dancing☆Star Precure' The Stage," "Stage 'Fullmetal Alchemist,'" and "Stage 'Mo Dao Zu Shi,'" which were well received. It also staged new productions including "Stage 'Nihon Sangoku,'" "Stage 'Kakegurui,'" "The Musical 'PandoraHearts,'" and "The Musical 'Skip and Loafer.'"」

    In addition to new productions in established series, the company staged numerous new works, and the series productions were well received.
  2. 2026-05-29AdvancedGeneral Meetings of Shareholders

    「The live entertainment market remained resilient overall as audience attendance improved, particularly for popular titles, and demand became firmly established.」

    The live entertainment market was reported to have remained resilient as attendance improved and demand became established.
  3. FY2026-H1AdvancedAnnual report

    「In the live entertainment market, audience attendance recovered to pre-pandemic levels as consumer behaviors such as "tokino-shohi" and "oshi-katsu" became established.」

    The company explicitly indicated that audience attendance in the live market had recovered to pre-COVID-19 levels.
  4. FY2025-H1SoftenedAnnual report

    「In the live entertainment market, audience attendance has been improving, but costs have continued to rise due to changes in the social environment and international conditions in recent years.」

    Improving audience attendance indicated that perceptions of the difficult environment in the live market had eased somewhat. Meanwhile, costs continued to rise due to changes in the social environment and international conditions.
  5. FY2024-Q3SoftenedAnnual report

    「In the live entertainment market, audience attendance has been recovering as the effects of the pandemic have receded.」

    The live market was described as having emerged from the impact of COVID-19, with audience attendance showing signs of recovery, indicating an improvement from the previously perceived difficult environment.
  6. FY2024-Q2Improved audience attendance and continued performance cancellationsAnnual report

    「In the live entertainment market, audience attendance has been improving, but performance cancellations due to COVID-19, influenza and other factors continue to occur.」

    Although audience attendance showed signs of improvement, performance cancellations due to infections and other factors continued, with recovery and constraints coexisting.
  7. FY2024-Q1SoftenedAnnual report

    「In the live entertainment market, audience attendance has been improving due to the easing of restrictions, including the reclassification of COVID-19 as a Class 5 infectious disease, but recovery to previous levels is taking time.」

    Although audience attendance showed signs of improvement following the easing of restrictions, including the reclassification of COVID-19 as a Class 5 disease, it has not yet recovered to its previous level.
  8. FY2023-Q3WorsenedAnnual report

    「In the live entertainment market, the increase in infections during the eighth wave led to a recurrence of performance cancellations following infections among personnel involved in the performances, resulting in continued difficult market conditions.」

    Performances were cancelled again after people involved in the productions contracted infections, and the difficult environment surrounding the live and stage business has continued.
  9. FY2023-Q2WorsenedAnnual report

    「In the stage production segment, the Group staged new productions in series including "The Prince of Tennis Musical," "Yowamushi Pedal," "World Trigger the Stage" and "Musical AOHARU Railway." However, some performances were cancelled after people involved in the productions contracted COVID-19.」

    Although new productions were staged, performances were cancelled after people involved in the productions contracted infections, and the operating environment for the live and stage business has continued to deteriorate.
  10. FY2023-Q1WorsenedAnnual report

    「Although the live entertainment market showed signs of recovery, audience attendance recovered slowly, and the market environment remained difficult, with frequent performance cancellations due to infections among performers and staff.」

    Recovery in the live market has been slow, and the frequent cancellation of performances due to infections has shifted conditions from the previously anticipated recovery to a difficult situation.
  11. FY2022-Q3SoftenedAnnual report

    「The live entertainment market has shown signs of recovery following the lifting of the state of emergency, but attendance has not fully recovered, leaving the market environment difficult.」

    Although the lifting of the state of emergency indicated signs of recovery, attendance has not fully returned, and the difficult environment has continued.
  12. FY2022-Q2RestatedAnnual report

    「In the stage production segment, the Group staged series productions including "The Prince of Tennis Musical," "HITMAN REBORN! the STAGE," "Moriarty the Patriot Musical" and "Mob Psycho 100". However, the segment remained in a difficult situation due to event capacity restrictions and performance cancellations resulting from the prolonged state of emergency.」

    Although the company continued its series performances, the live and stage business has remained in a difficult situation due to restrictions on event attendance and cancelled performances.
  13. FY2022-Q1RestatedAnnual report

    「In the stage production segment, the Group staged series productions including "Musical Hakuoki Shinkai," "Ensemble Stars! Extra Stage" and "Touken Ranbu". However, the segment continued to be significantly affected by COVID-19, and performance cancellations due to the state of emergency and sluggish audience attendance resulted in substantial declines in revenue and profit.」

    Although the company continued its series performances, substantial declines in revenue and profit have continued due to cancelled performances and sluggish audience attendance.
  14. FY2021Audience attendance remained sluggish after performances resumed.Annual report

    「From July 2020, performances resumed in line with the policies of the national and local governments and the guidelines of the Association of Public Cultural Facilities, among others. The company also staged new productions in popular series, but audience attendance remained sluggish due to the impact of the state of emergency and other factors.」

    Although performances resumed and new productions were staged, the music and video business posted substantial year-on-year declines in revenue and profit due to sluggish audience attendance.
  15. FY2021-Q3Resumption of performances and increased venue capacityAnnual report

    「For stage performances, after the government eased restrictions on event capacity, performances were held with capacity gradually increased. However, cancellations and other factors in the first half resulted in lower revenue and profit year on year.」

    The company resumed performances while gradually raising capacity utilization after event capacity restrictions were eased, but revenue and profit declined year on year due to the cancellation of performances and other factors in the first half.
  16. FY2021-Q2AdvancedAnnual report

    「From July to August, Stage Touken Ranbu was staged as a play in a new format called a spoken drama, along with performances of The Musical: Moriarty the Patriot Op. 2 -The Scandal in the British Empire-.」

    After a period of continued performance cancellations, Stage Touken Ranbu was staged in a new format, and another musical production also resumed.
  17. FY2021-Q1Continued performance cancellationsAnnual report

    「In the stage production segment, the Group cancelled the performances scheduled for the quarter of "Musical Hakuoki Shinkai: Kazama Chikage Arc," "The Prince of Tennis Musical Concert Dream Live 2020," "The MUSICAL of Ace of Diamond" and "Touken Ranbu: Kiden—Ikusayonohanakatachi" due to the impact of COVID-19.」

    As in the previous fiscal year, multiple stage performances were cancelled, and deterioration in the live and stage business continued.
  18. FY2020WorsenedAnnual report

    「Regarding the impact of COVID-19 on this business, broadcasts of some TV anime titles scheduled from April 2020 onward were postponed, while stage performances scheduled for April and May 2020 were cancelled. The resulting cancellation costs were recognized as extraordinary losses in the current fiscal year.」

    Stage performance cancellations and the recognition of cancellation costs, along with postponed TV anime broadcasts, occurred, worsening the environment for the live, music and video business.
  19. FY2020-Q3AdvancedAnnual report

    「As entirely new productions for the current fiscal year, “Stage ‘Blood Blockade Battlefront’,” a stage adaptation of the popular manga that was also made into a TV anime, was performed in November, followed by “PERSONA5 the Stage,” a stage adaptation of the popular game “Persona 5,” in December.」

    Two all-new stage productions were staged with specific performance periods.
  20. FY2020-Q2AdvancedAnnual report

    「In the stage production business, the latest productions in several series were staged, including Stage Touken Ranbu: Jiden Hibi no Ha yo Chiruramu, The Musical: The Prince of Tennis 3rd Season National Tournament Seishun Gakuen vs Rikkai, Part 1, and Ensemble Stars! Extra Stage ~Destruction x Road~, and proved successful. Revenue from all of these productions will be recognized in the third quarter.」

    Several latest stage productions in existing series were staged and proved successful. Revenue recognition is scheduled for the third quarter.
  21. FY2020-Q1RestatedAnnual report

    「In the live entertainment market, 2.5D stage productions continued to draw strong audiences and the market continued to expand, but competition intensified further due to a serious shortage of venues in Japan and other factors.」

    The live entertainment market and 2.5D stage productions remained buoyant and continued to expand.
  22. FY2019-Q3AdvancedAnnual report

    「In the stage production business, the latest productions in various series, including Stage Touken Ranbu, The Musical: The Prince of Tennis and Ensemble Stars! On Stage, were staged. New productions for the fiscal year included Stage Sengoku Night Blood from August 2018 and Katekyo Hitman REBORN! the STAGE from September. Both were well received.」

    In addition to the latest productions in existing series, 2 new stage productions were staged, and both were well received.
  23. FY2019-Q2AdvancedAnnual report

    「In the stage production business, the latest productions in various series, including Stage Touken Ranbu, The Musical: The Prince of Tennis and Ensemble Stars! On Stage, were staged. In addition, Stage Sengoku Night Blood was newly produced, and each production performed well. Revenue from some titles will be recognized in the third quarter.」

    In addition to the latest productions in existing series, the new Stage Sengoku Night Blood was staged, and each production performed well.
  24. FY2019-Q1RestatedAnnual report

    「Although the live entertainment market faced issues including venue shortages and ticket resale, its strong momentum continued unabated.」

    Despite venue shortages and ticket resale issues, the live entertainment market remained buoyant.
  25. FY2018-Q3AdvancedAnnual report

    「In the stage production business, new productions in series carried over from the previous fiscal year, including Touken Ranbu: Kyoden Akatsuki no Dokuganryu and Ensemble Stars! Extra Stage ~Judge of Knights~, performed particularly well and drove results. New productions were also staged for established series, including The Musical: The Prince of Tennis, Musical Hakuoki, Stage K and Yowamushi Pedal.」

    New productions in existing series performed well and drove results, while new productions were also staged in several established series.
  26. FY2018-Q2AdvancedAnnual report

    「In addition, package sales for the various series, live viewings and domestic distribution businesses performed well.」

    Peripheral revenue opportunities related to stage productions, including live viewings and domestic distribution, performed well.
  27. FY2018-Q1Creating New Revenue OpportunitiesAnnual report

    「In the buoyant live entertainment market, the number of performances continued to increase, while shortages of venues in Japan and other issues became more serious. Initiatives to create new revenue opportunities, including live viewings in cinemas and online and overseas performances, consequently became more active.」

    In addition to the buoyant live market and rising number of performances, initiatives to create revenue opportunities through live viewings and overseas performances were noted.
  28. FY2017-Q3First statedAnnual report

    「The live entertainment market also remained strong, with continued growth in stage productions such as musicals and plays.」

    The live entertainment market remained strong, and stage productions such as musicals and plays continued to grow.
Moved together

"Developing and Creating New Original Content" moved the same way as this thread, in the same document, in 10 of its 28 moves.

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  1. ★This thread
  2. 1Developing and Creating New Original Content10×
  3. 2Further Expansion of the Online Business9×
  4. 3Contraction of Japan’s Console Game Market8×
  5. 4Promotion of Global Expansion7×
  6. 5Sluggish game software sales and dependence on hit titles7×
  7. 6Transition to New Amusement Machines7×

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Marvelous's next results are scheduled for 2026-10-30. Read the earnings preview It last moved in the General Meetings of Shareholders of 2026-05-29: "Advanced".
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Strength of the Live Entertainment Market and Growth in Stage Productions | Marvelous Inc. (7844) | Komori