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Marvelous Entertainment announces financial results as sales and profits decline

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Marvelous shared its financial results for the first quarter of the fiscal year, related to the period from April 1 to June 30, 2021.

Today, Marvelous Entertainment shared its financial results for the first quarter of the fiscal year, covering the period from April 1 to June 30, 2021.

Unfortunately, sales amounted to 5.319 billion yen and decreased by 1.153 billion yen year-on-year. Operating profit was 780 billion yen, nearly halving year-on-year.

This is due to the unfavorable comparison with the strong sales of Rune Factory 5, which performed well in the same quarter of 2021.

Speaking of games launched during the quarter, we learn that zombie game Deadcraft fell short of its sales target.

On the other hand, Shinobi Master Senran Kagura New Link for mobile platforms celebrated its 4.5th anniversary in May. The newly introduced playable characters were well received and revenue grew year on year.

We also learn that the company still plans to release the new JRPG Loop8 in 2022. The game is coming to PS4, Switch, and Xbox One, and was announced during a Japanese Nintendo Direct in February. After that, we didn’t hear much about it.

The company also announced its guidance for the current fiscal year, but also mentioned that many of the new games coming to consoles and mobiles this fiscal year (by March 2021) are new and original, so performance financials will fluctuate depending on the number of spins. be successes.

That’s interesting, because it may mean that Marvelous may have more tricks up its sleeve that we don’t yet know, though the wording is, as usual, vague.