Consolidated Financial Results for the First Quarter of Fiscal Year Ending March 31, 2026(Three Months Ended June 30, 2025) (Based on J-GAAP)

July 31, 2025

Company name: Marvelous Inc. Listing: Tokyo Stock Exchange

Stock code: 7844 URL: https://corp.marv.jp/english/index.html Representative: Shinichi Terui, President

Contact: Chihiro Noguchi, Director, Supervisor of Administration E-mail: ir@marv.jp Scheduled commencement date of dividend payout: -

Explanatory documents supplemental to the abridged Financial Statements: Yes Quarterly Result briefing: None

(All amounts are rounded down to the nearest million yen)

1. Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 31, 2026 (April 1, 2025 - June 30, 2025)

   1. Consolidated Results of Operations (three months) (Percentages represent year-over-year changes)

      	Net sales		Operating profit		Ordinary profit		Profit attributable to owners of parent
      	Million yen	%	Million yen	%	Million yen	%	Million yen	%
      1Q FY2026	8,739	50.5	243	272.4	219	(41.3)	112	(43.2)
      1Q FY2025	5,806	(15.6)	65	(87.7)	373	(57.9)	198	(67.4)

      Note: Comprehensive income (million yen): 1Q FY2026: 54 (-86.3%) 1Q FY2025: 398 (-61.4%)

      	Net income per share	Diluted net income per share
      	Yen	Yen
      1Q FY2026	1.86	-
      1Q FY2025	3.28	-

   2. Consolidated Financial Position

   	Total assets	Net assets	Equity ratio	Net assets per share
   	Million yen	Million yen	%	Yen
   1Q FY2026	36,033	25,633	71.0	422.50
   FY2025	32,903	26,187	79.5	431.60

   Reference: Shareholders' equity (million yen): 1Q FY2026: 25,591 FY2025: 26,143

2. Dividends

   	Dividends per share
   	1Q-end	Interim	3Q-end	Year-end	Annual
   	Yen	Yen	Yen	Yen	Yen
   FY2025	-	0.00	-	10.00	10.00
   FY2026	-
   FY2026 (forecasts)		0.00	-	12.00	12.00

   Note: Revisions to the most recently announced dividend forecast: None

3. Consolidated Forecasts for the Fiscal Year Ending March 31, 2026 (April 1, 2025 - March 31, 2026)

(Percentages represent year-over-year changes)

Note: Revisions to the most recently announced dividend forecast: None

1. Significant changes in the scope of consolidation during the period: None New: None (Company name: )

   Excluded: None (Company name: )

2. Application of accounting procedures specific to the preparation of quarterly consolidated financial statements: Yes

3. Changes in accounting principles, estimates and restatement

   1. Changes in accounting policies caused by revision of accounting standards: None

   2. Changes in accounting principles other than those mentioned above: None

   3. Changes in accounting estimates: None

   4. Restatement: None

      1Q FY2026	62,216,400 shares	FY2025	62,216,400 shares
      1Q FY2026 1,643,231 shares		FY2025	1,643,231 shares
      1Q FY2026	60,573,169 shares	1Q FY2025	60,573,249 shares

4. Number of shares issued and outstanding (shares of common stock)

   1. Number of shares outstanding (including treasury shares) at end of period

      
      
      

   2. Number of treasury shares at end of period

   3. Average number of shares outstanding during the period (three months)

Note: The number of treasury shares at end of the period is stated, including 270,600 shares held by Custody Bank of Japan, Ltd. (Trust E Units) as trust assets of the Board Benefit Trust (BBT).

• Review of the accompanying quarterly consolidated financial statements by certified public accountants or an auditing firm: None

• Cautionary statement with respect to forward-looking statements and other special items

The forecasts and other forward-looking statements contained in this document are based on information currently available to the Company and certain assumptions deemed to be reasonable. Actual results may differ materially from these forecasts due to a variety of factors.

This document has been translated from a part of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.

1. Summary of Consolidated Business Results
   1. Summary of business results for the quarterly period

      The summary of business results for the quarter under review is disclosed in the results briefing materials posted today (July 31, 2025) on TDnet and on the Company's website (https://corp.marv.jp/english/index.html). Please refer to "Fiscal Year Ending March 2026, First Quarter Results Summary" on page 3 and "Segment Results and Future Development" on page 5 of the results briefing materials via the TDnet or our website.

   2. Summary of financial position for the quarterly period

      The summary of financial position for the quarter under review is disclosed in the results briefing materials posted today (July 31, 2025) on TDnet and on the Company's website (https://corp.marv.jp/english/index.html). Please refer to the Balance Sheet on page 19 of the results briefing materials via the TDnet or our website.

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2. Quarterly consolidated financial statements
   1. Quarterly consolidated balance sheet

      (Millions of yen)

      As of March 31, 2025 As of June 30, 2025

      Assets

      Current assets

      Cash and deposits 7,880 11,178

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Marvelous Inc. (7844) / Consolidated Financial Results for the First Quarter of Fiscal Year Ending March 31, 2026

(Based on J-GAAP)

(Millions of yen)

Comprehensive income attributable to non-controlling interests

0 (2)

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