Today Marvelous Entertainment announced its financial results for the first quarter of the fiscal year, related to the period between April and June.
The whole company recorded 6,883 million yen in net sales, 129.4% of the same period in the previous fiscal year while operating income was 531 million yen, 68.1% compared to the same period last year.
For the Digital Content business, which includes games, sales were 4,133 million yen (136.4% of the previous year's figure), while profit was 114 million yen (45.5% of last year's figure).
Factors in the results for console and PC games were the performance of the coming-of-age JRPG Loop8: Summer of Gods, which fell short of expectations and is defined as "weak." According to the company's presentation, this was among the causes of the drop in profit.
On the other hand, Story of Seasons: A Wonderful Life's western release enjoyed a "very strong" sales performance.
Speaking of mobile games, Dolphin Wave by the developers of Senran Kagura Honey Parade Games continued to carry the segment, making up for the decline in sales of older titles.
If you'd like to compare with historical figures, you can take a look at our article dedicated to the previous quarter's release, published in May.
If you want to hear more about Marvelous' plans for the future, you can check out our report about their recent presentation, in which they showcased several upcoming titles. Unfortunately, despite the continued success of the games by Honey Parade Games, the Senran Kagura franchise still appears to be stuck in mobile Limbo.
