Marvelous Inc. reported consolidated earnings results for the first quarter ended June 30, 2019. For the quarter, the company reported net sales of JPY 4,518 million against JPY 6,296 million a year ago. Operating income was JPY 662 million against JPY 650 million a year ago. Profit attributable to owners of parent was JPY 343 million against JPY 440 million a year ago. Net income per share was JPY 6.64 against JPY 8.51 a year ago.

For the fiscal year ending March 31, 2020, the company expects net sales of JPY 26,000 million, operating income of JPY 3,800 million and profit attributable to owners of parent of JPY 2,600 million or JPY 50.27 per share.