Fiscal Year Ending March 2025, First Half (Interim Period)
Results Briefing Materials
Marvelous Inc.
October 31, 2024
Stock Code: 7844 (Prime Market)
Contents
1 Fiscal Year Ending March 2025, First Half (Interim Period) Results Summary
- Segment Results and Future Development
- Full-YearForecast for the Fiscal Year Ending March 2025
- Supplementary Material
Copyright © Marvelous Inc. All rights reserved. | 2 |
Fiscal Year Ending March 2025,
First Half (Interim Period)
Results Summary
Copyright © Marvelous Inc. All rights reserved. | 3 |
Financial Summary for the Fiscal Year Ending March
2025, First Half
- Sales and profit decreased due to a decrease in sales owing to the lack of release of new core consumer titles in Japan and overseas, the upfront cost associated with the replacement of amusement machines, and a 656 million yen increase in research and development expenses owing to a change in accounting estimates.
- Foreign exchange losses of 368 million yen was recorded in non-operating expenses due to the impact on foreign currency deposits held in our company owing to the yen's appreciation after the yen's depreciation until 1Q.
1H FY ended March 2024 | 1H FY ending March 2025 |
(April-September 2023) | (April-September 2024) |
Net sales | 13,999 | - | 12,877 | - |
Cost of | 7,955 | - | 6,588 | - |
sales | ||||
SGA | 4,890 | - | 5,695 | - |
expenses | ||||
Operating | 1,153 | 8.2% | 592 | 4.6% |
profit | ||||
Ordinary profit | 1,646 | 11.8% | 373 | 2.9% |
Interim profit | 1,110 | 7.9% | 78 | 0.6% |
attributable to | ||||
owners of parent |
Copyright © Marvelous Inc. All rights reserved.
YoY change
-1,121 92.0%
-1,366 82.8%
805 116.5%
-560 51.4%
-1,273 22.7%
-1,031 7.1%
4
Segment Results and Future Development
Copyright © Marvelous Inc. All rights reserved. | 5 |
Operating Results by Segment
(Unit: million yen) | 1H FY ended March 2024 1H FY ending March 2025 |
(April-September 2023) (April-September 2024) | |
YoY change
(Amount) (%)
Digital Contents | |
Business | |
Amusement | |
Net sales | Business |
Audio & Visual | |
Business | |
Total | |
Digital Contents | |
Business | |
Amusement | |
Segment profit | Business |
Audio & Visual | |
Business | |
Total |
Company-level costs, etc.
Operating profit total
8,015
4,271
1,712
13,999
156
1,593
242
1,992
-839
1,153
6,246
4,388
2,242
12,877
104
1,206
170
1,481
-888
592
-1,768 77.9%
- 102.7%
- 130.9%
-1,121 92.0%
-52 66.7%
-387 75.7%
-71 70.4%
-511 74.3%
-49 105.9%
-560 51.4%
Copyright © Marvelous Inc. All rights reserved. | 6 |
Digital Contents Business [2Q Overview]
- Sales and profit decreased due to the lack of release of new core consumer titles in Japan and overseas
■ ■ Net sales ■ ■ Segment profit
(Unit: million yen) | 8,015 | |
6,246 | ||
156 | 104 |
1H FY ended | 1H FY ending |
March 2024 | March 2025 |
1H FY2025
Net sales 6,246million yen
YoY: 77.9%
Segment profit 104 million yen
YoY: 66.7%
BIKKURIMAN | Dolphin Wave | Bo: Path of the Teal Lotus | The Hokkaido Serial Murder Case |
The Okhotsk Disappearance | |||
Wonder Collection | (Smartphone/PC) | (Nintendo Switch /PlayStation®5) | ~Memories in Ice, Tearful Figurine~ |
(Smartphone) | (Nintendo Switch /Steam®) |
Released in April 2024 | Released in October 2022 | Released on July 18, 2024 | Released on September 12, 2024 |
Taiwan version released in June 2024 | (Japan/Asia regions) | ||
©LOTTE/BIKKURIMAN Project ©Marvelous Inc. | ©Marvelous Inc. | © 2024 Squid Shock Studios, Published by Humble Games®, Marvelous Inc. | ©G-MODE Corporation/©ARMOR PROJECT ©KADOKAWA |
©HONEY PARADE GAMES Inc. | |||
Copyright © Marvelous Inc. All rights reserved. | 7 |
Digital Contents Business [Upcoming Lineup]
FARMAGIA
(Nintendo Switch /PlayStation®5/Steam®)
Scheduled to be released on
November 1, 2024
Steam®: scheduled for release on November 2, 2024
©2024 Marvelous Inc.
Copyright © Marvelous Inc. All rights reserved.
Rune Factory:
Guardians of Azuma
(Nintendo Switch /Steam®)
Scheduled to be released in
spring 2025
©2024 Marvelous Inc.
8
Amusement Business [2Q Overview / Upcoming Lineup]
- Profit decreased due to expenses in advance for replacement with new machines, etc., although sales increased owing to expansion of overseas development.
■ ■ Net sales ■ ■ Segment profit
(Unit: million yen) | 4,388 | |
4,271 | 1H FY2025 | |
Net sales 4,388 million yen | ||
1,593 | 1,206 | YoY: 102.7% |
Segment profit 1,206million yen | ||
1H FY ended | 1H FY ending | YoY: 75.7% |
March 2024 | March 2025 |
The latest Pokémon amusement
machine
(Kids' amusement machine)
Started operations
in July 2024
©2024 Pokémon. ©1995-2024 Nintendo/Creatures Inc./GAME FREAK inc. Developed by T-ARTS and MARV
ポケットモンスター・ポケモン・Pokémonは任天堂・クリーチャーズ・ゲームフリークの登録商標です。
Pokémon Ga-Olé (Overseas)
(Kids' amusement machine)
Overseas operations since December 2020
©2024 Pokémon. ©1995-2024 Nintendo/Creatures Inc./GAME FREAK inc. Developed by T-ARTS and MARV
TM and ® are trademarks of Nintendo.
TRY CATCH
(Prize machine)
Scheduled to start
operations sequentially
from November 2024
ⒸMarvelous Inc.
Copyright © Marvelous Inc. All rights reserved. | 9 |
Establishment of Asian Bases
-
A subsidiary in Singapore was established in August as the Asian headquarters for the amusement business.
Preparations are underway to establish a representative office in China aiming to further strengthen overseas operations.
(London, UK)
Marvelous Europe Limited
Newly | |
established base | |
(Japan) | Existing base |
Marvelous Inc. | |
G-MODE Corporation | |
groovesync, inc. | |
(Los Angeles, USA) | |
Marvelous USA, Inc. |
Marvelous APAC Pte. Ltd.
Date of | August 22, 2024 |
Establishment | |
Share capital | 65 million yen |
Business contents | Sales and operations of |
amusement machines, etc. | |
Location | Republic of Singapore |
China
Representative Office
Preparing for establishment
Copyright © Marvelous Inc. All rights reserved. | 10 |