Today Marvelous Entertainment announced its financial results for the fiscal year ended on March 31, 2020.
While profit figures were in the black, both sales and profits dropped considerably year-on-year. As a result, the company’s executives announced that they’re taking a pay cut.
That being said, the consumer business (which includes console, PC, and arcade games) is the only one that at least improved in terms of net sales year-on-year, while income dropped. All other businesses (mobile and audio& visual) dropped in both net sales and profits.