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Forums - Sales - Marvelous Entertainment to reduce workforce by 17%

alfredofroylan on 23 March 2009

Even small companies are getting a bad time due the recession

http://www.animenewsnetwork.com/news/2009-03-23/marvelous-entertainment-asks-for-20-employee-to-retire

The Japanese anime, music, and game production company Marvelous Entertainment has annnounced on Monday that it is asking for a number of its employees — "in the range of 20" or about 17% according to its press release — to voluntarily retire in an effort to reduce costs. As of December 31, 2008, the company employs 120 people. The employees who choose to take advantage of the program between March 23 and April 3 will receive a special severance payment. Their retirement will become effective on April 30.

Marvelous announced at the end of February that it is adjusting its estimates for the fiscal year ending in March, as a result of lower anticipated sales compare to the previous year. It projects that it will be 1.31 billion yen (US$13 million) in the red. Because of this, it reduced its employees' compensation and bonuses and cancelled exhibitions at large-scale publicity events and overseas musical performances. Director Noboru Ishiguro's Artland anime studio and the Delphi Sound music and copyrights company are subsidiaries of Marvelous Entertainment, but neither are reportedly subject to the voluntary retirement program.

In certain way it isn't that bad, some other companies like Midway are getting worse.



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Kenology on 23 March 2009

Go buy Rune Factory now people!



sc94597 on 23 March 2009
Kenology said:
Go buy Rune Factory now people!

How much of that would go to Xseed though? Hopefully arc rise fantasia sells well.

 



noname2200 on 23 March 2009
Kenology said:
Go buy Rune Factory now people!

Thisthisthis!

Little King's Story too, please.

sc94597 said:
Kenology said:
Go buy Rune Factory now people!

How much of that would go to Xseed though? Hopefully arc rise fantasia sells well.

 

It's a partnership, so Marvelous will get plenty. Plus, you get an incredibly addictive game!



Kenology on 23 March 2009
sc94597 said:
Kenology said:
Go buy Rune Factory now people!

How much of that would go to Xseed though? Hopefully arc rise fantasia sells well.

 

Dunno, but it would certainly help. 

Hopefully both Arc Rise Fantasia and Muramasa sells really well.

EDIT: And Little King's Story!

 



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sc94597 on 23 March 2009
noname2200 said:
Kenology said:
Go buy Rune Factory now people!

Thisthisthis!

Little King's Story too, please.

sc94597 said:
Kenology said:
Go buy Rune Factory now people!

How much of that would go to Xseed though? Hopefully arc rise fantasia sells well.

 

It's a partnership, so Marvelous will get plenty. Plus, you get an incredibly addictive game!

Yeah, but not as much as they probably get per game in Japan where Xseed doesn't publish the games.



SaviorX on 23 March 2009

Noooo!

I like to hear Marvelous doing WELL. They support the Wii heavily. What to do.......



Leatherhat on July 6th, 2012 3pm. Vita sales:"3 mil for COD 2 mil for AC. Maybe more. "  thehusbo on July 6th, 2012 5pm. Vita sales:"5 mil for COD 2.2 mil for AC."

noname2200 on 23 March 2009
SaviorX said:
Noooo!

I like to hear Marvelous doing WELL. They support the Wii heavily. What to do.......

 

Kenology said:
Go buy Rune Factory now people!

 

 

 

 

 

sc94597 said:
noname2200 said:
sc94597 said:
Kenology said:
Go buy Rune Factory now people!

How much of that would go to Xseed though? Hopefully arc rise fantasia sells well.

 

It's a partnership, so Marvelous will get plenty. Plus, you get an incredibly addictive game!

Yeah, but not as much as they probably get per game in Japan where Xseed doesn't publish the games.

Completely true, but why worry about things you can't affect? The best you can do is buy their games, one of which is Rune Factory. I'm sure they won't complain that you didn't help as much by importing a Japanese copy or anything.

Plus you get a awesome game.

 



sc94597 on 23 March 2009
noname2200 said:
SaviorX said:
Noooo!

I like to hear Marvelous doing WELL. They support the Wii heavily. What to do.......

 

Kenology said:
Go buy Rune Factory now people!

 

 

 

 

 

sc94597 said:
noname2200 said:
sc94597 said:
Kenology said:
Go buy Rune Factory now people!

How much of that would go to Xseed though? Hopefully arc rise fantasia sells well.

 

It's a partnership, so Marvelous will get plenty. Plus, you get an incredibly addictive game!

Yeah, but not as much as they probably get per game in Japan where Xseed doesn't publish the games.

Completely true, but why worry about things you can't affect? The best you can do is buy their games, one of which is Rune Factory. I'm sure they won't complain that you didn't help as much by importing a Japanese copy or anything.

Plus you get a awesome game.

 

Actually I just got it a few hours ago. (: Have yet to play it though.

 



noname2200 on 23 March 2009
sc94597 said:

Actually I just got it a few hours ago. (: Have yet to play it though.

Good call! Come visit us in the official thread sometime, either to post comments, ask/answer questions, etc. I'm curious to hear how you tackle the game, since we've got six people and twenty different opinions...