Marvelous (7844) · InitiativeRestated
Upfront Investment in Anime Production Costs
First written in FY2024-Q1. 1 of 2 entries say "Restated". Latest entry: FY2025-H1.
2entries
2years
0from disclosures
How it moved
Same theme, other companies
Earnings pressure from program amortization and investment in original programming in the broadcasting businessA theme 4 companies write about · 5 as a headwind · 0 as a tailwind
0 other companies' latest entry also says "Restated".
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.
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- FY2025-H1RestatedAnnual report
「Revenue increased as stage-performance titles were concentrated in the period, but revenue increased and profit declined year on year due to front-loaded costs associated with developing new IP, among other factors.」
In addition to upfront investment in anime production costs, front-loaded costs associated with developing new IP were also cited as factors behind the decline in profit in the music and video business. - 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.」
Upfront investment in anime production costs was specifically cited for the first time as a factor behind the year-on-year decline in profit in the music and video business.