Harvest Moon

MarvelousAQL Fiscal Year Ended March 31, 2012 Financial Results

MarvelousAQL’s fiscal year ended March 31, 2012, marked a transformative period for the company, defined by its strategic merger with AQ Interactive Inc. and Liveware Inc.

• MarvelousAQL reported net sales of 10,423 million yen and net income of 3,533 million yen for the fiscal year ended March 31, 2012.
• The company achieved a significant net income boost due to the booking of deferred tax assets and a gain on negative goodwill resulting from the merger with AQ Interactive Inc. and Liveware Inc.
• Management projects strong growth for the upcoming fiscal year, forecasting net sales of 18,500 million yen and operating income of 2,200 million yen.