Marvelous Reports Increased Annual Loss
May 28th, 2010
Marvelous Entertainment has reported a decrease in sales and a greater net loss for the financial year ended March 31.
Sales fell from 10.1 billion yen ($112.3m / £75.8m) the previous year to 8.3 billion yen ($91m / £62.4m) as the company shipped 660,000 software units across 20 games, while net loss increased from 1.2 billion yen ($13m / £9m) to 1.6 billion yen ($18.5m / £12m), according to Gamasutra.