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Marvelous
Distilling the key insights…
Marvelous Inc. reports its financial performance for the first half of the fiscal year ending March 31, 2022, detailing a period of growth across its diversified entertainment portfolio. The company operates through three primary segments: the Consumer Business, which focuses on home console and PC software as well as arcade cabinets; the Online Business, centered on game applications using original and third-party intellectual property; and the Audio & Visual Business, which encompasses anime production, music, and stage performances.
Financial results for the first half of the fiscal year show net sales of 12,838 million yen, with an operating profit of 2,900 million yen. This performance reflects a robust recovery and expansion in the Consumer Business segment, which generated 7,999 million yen in sales and 2,941 million yen in income during the six-month period. In contrast, the Online Business segment recorded 2,955 million yen in sales with 603 million yen in income, while the Audio & Visual Business contributed 1,884 million yen in sales and 57 million yen in income.
The company maintains a strong balance sheet, with total assets reaching 35,833 million yen as of September 30, 2021, up from 33,463 million yen at the end of the previous fiscal year. Current assets account for the majority of this growth, totaling 27,051 million yen. Profitability metrics remain healthy, with an operating profit ratio of 22.6% and a net profit ratio of 16.2% for the first half. These figures underscore the company's ongoing commitment to its management philosophy of delivering wonder and excitement through integrated entertainment products, supported by a stable capital structure and a diversified revenue stream across its core business segments.
Marvelous · 2023