Updated Mar 23, 2026 by Marvelous
Marvelous Inc. reported Q3 revenue of ¥29.1 billion, representing a 10.6% year-on-year increase driven by digital content sales of ¥7.2 billion and amusement revenue of ¥3.0 billion.
Operating profit declined 12% quarter-on-quarter to ¥1.8 billion, primarily due to an increase in selling, general, and administrative expenses from ¥7.9 billion in Q2 to ¥8.6 billion.
Gross operating profit rose 9% year-on-year to ¥10.4 billion, reflecting improved cost control in production and marketing despite the overall pressure on net margins.
Net income attributable to shareholders fell 18% from the previous quarter to ¥1.5 billion, resulting in a net profit margin of 5.3%.
The company maintains a solid financial position with ¥16.4 billion in cash equivalents, an operating cash flow of ¥2.8 billion, and a return on equity of 13.7%.
Management is prioritizing cost efficiency and portfolio diversification to address margin compression, while maintaining a dividend payout ratio of 52% of net income.
Marvelous Inc. reported Q3 revenue of ¥29.1 billion, representing a 10.6% year-on-year increase driven by digital content sales of ¥7.2 billion and amusement revenue of ¥3.0 billion.
Operating profit declined 12% quarter-on-quarter to ¥1.8 billion, primarily due to an increase in selling, general, and administrative expenses from ¥7.9 billion in Q2 to ¥8.6 billion.
Gross operating profit rose 9% year-on-year to ¥10.4 billion, reflecting improved cost control in production and marketing despite the overall pressure on net margins.
Net income attributable to shareholders fell 18% from the previous quarter to ¥1.5 billion, resulting in a net profit margin of 5.3%.
The company maintains a solid financial position with ¥16.4 billion in cash equivalents, an operating cash flow of ¥2.8 billion, and a return on equity of 13.7%.
Management is prioritizing cost efficiency and portfolio diversification to address margin compression, while maintaining a dividend payout ratio of 52% of net income.