Note: This document has been machine translated from 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. 2026 Company name: April 24, 2026 Name of representative: Marvelous Inc. Shinichi Terui, President (Stock code: 7844; Tokyo Contact: Stock Exchange) Chihiro Noguchi, Director, Supervisor of E-mail: [email protected] Administration Notice Regarding Revision of Full-Year Consolidated Earnings Forecast and Recognition of Operating Losses Related to Specific Titles and Extraordinary Loss Marvelous Inc. hereby announces that it has revised its consolidated earnings forecast for the fiscal year ending March 31, 2026 (April 1, 2025 – March 31, 2026), originally announced on May 9, 2025, as outlined below. In addition, the Company expects to record operating losses and extraordinary loss as described below. 1. Revision of Consolidated Earnings Forecast (Fiscal Year Ending March 31, 2026) Operating Ordinary Profit Net Sales Profit Profit Attributable Net Income to Owners of per Share million yen million yen million yen Parent Previous Forecast (A) 35,000 2,000 2,000 million yen yen 1,400 23.11 Revised Forecast (B) 37,900 2,200 2,800 1,900 31.37 Change (B-A) 2,900 200 800 500 ― Change (%) 8.3% 10.0% 40.0% 35.7% ― (Reference) Results for FY ended 27,963 1,817 1,800 818 13.52 March 2025 [Reasons for Revision] In the Digital Content Business, sales ofRune Factory: Guardians of Azuma 2025, and STORY , released in June OF SEASO NS: Grand Bazaar in both domestic and overseas markets.

(%) 8.3% 10.0% 40.0% 35.7% ― (Reference) Results for FY ended 27,963 1,817 1,800 818 13.52 March 2025 [Reasons for Revision] In the Digital Content Business, sales ofRune Factory: Guardians of Azuma 2025, and STORY , released in June OF SEASO NS: Grand Bazaar in both domestic and overseas markets. , released in September 2025, performed strongly In addition, the Amusement Business expanded steadily in Asian markets, while in the Audio and Visual Business, secondary licensing revenue from previously released TV anime titles increased. Combined with these positive factors across individual projects and business segments, as well as company-wide cost control efforts, net sales and operating profit are expected to exceed the previously announced forecast, despite the impact of the operating loss described below. Ordinary profit is also expected to significantly exceed the previous forecast, primarily due to increased operating profit and the recording of foreign exchange gains resulting from fluctuations in exchange rates.

Profit attributable to owners of parent is expected to exceed the previous forecast, as the increase in profits up to the ordinary profit level is expected to outweigh the extraordinary loss described below. 2. Recognition of Operating Losses Related to Specific Titles and Extraordinary Loss Regarding the new smartphone game Browser Sangokushi Ten have trended below initial expectations. After carefully reviewing , released in October 2025, sales development costs, the Company has decided to write off the the recoverability of initial As a result, an operating loss of 811 million yen associated entire balance of related game assets. In addition, for a North American title in the with this title is expected to be recorded. also fallen below expectations. After reviewing Amusement Business, operating performance has record future recoverability, the Company has decided to valuation losses and impairment charges on related inventories and fixed assets. Consequently, an operating loss of 11 million yen and an extraordinary loss of 298 million yen are expected to be recorded. The Company will continue to operate these titles and will strive to improve profitability by optimizing operating costs and transitioning to more efficient operational structures. These impacts have already been incorporated into the revised consolidated earnings forecast for the fiscal year ending March 31, 2026. 3. Dividend Forecast There is no change to the year-end dividend forecast of 12 yen per share announced on May 9, 2025.

to more efficient operational structures. These impacts have already been incorporated into the revised consolidated earnings forecast for the fiscal year ending March 31, 2026. 3. Dividend Forecast There is no change to the year-end dividend forecast of 12 yen per share announced on May 9, 2025. *Note: The above earnings forecasts are based on information currently available and certain assumptions deemed reasonable by the Company. Actual results may differ materially due to various factors. End of text