News

Marvelous Posts Quarterly Profit

Decision to reduce its release slate pays dividends for the No More Heroes publisher.

The decision to slim its product release slate paid dividends for No More Heroes publisher Marvelous Entertainment during the financial quarter ended June 30, 2010.

Citing reduced overhead and advertising spend, the company swung from a loss of 131 million yen ($1.5 million) during the same period last year to a profit of 71 million yen ($830,000), according to Silicon Era.

That’s despite a year-over-year sales decline of 55 per cent for the three months, during which the firm released three titles in Japan - a Hitman Reborn game, No More Heroes: Heroes’ Paradise and Ikki Tousen: Xross Impact.