Marvelous (7844) · FactDecrease in subsidies and other support and secondary-use revenue
Decrease in Subsidies and Other Support Related to Stage Performances
First written in FY2024-Q1. . Latest entry: FY2024-Q2.
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Decline in income from subsidies related to stage performancesA theme 1 companies write about · 1 as a headwind · 0 as a tailwind
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- FY2024-Q2Decrease in subsidies and other support and secondary-use revenueAnnual report
「Revenue increased year on year due to higher revenue from stage performances and sales of anime packages, but profit declined due to a decrease in subsidies and other support related to stage performances, a decrease in secondary-use revenue from anime, and other factors.」
In addition to the decrease in subsidies and other support related to stage performances, the decrease in secondary-use revenue from anime was newly cited as a factor behind the decline in profit. - FY2024-Q1First statedAnnual report
「Revenue increased year on year, but profit declined due to a decrease in subsidies and other support related to stage performances, as well as upfront investment in anime production costs, despite higher revenue from stage performances and sales of related packages.」
The decrease in subsidies and other support related to stage performances was newly cited as a factor behind the year-on-year decline in profit in the music and video business.