Story of Seasons Studio Marvelous Adjustments Management Resulting from Poor Efficiency Players Area

Marvelous, the studio behind franchises like Story of Seasons (previously Harvest Moon) and Rune Manufacturing unit, has introduced a change in management owing to its poor monetary efficiency over the past 9 months.

Per an Automaton Media report, the studio lately revealed its monetary outcomes for the primary three quarters of the 2024-25 fiscal yr, and gross sales and internet revenue are each down (by 4.8% and 12.4% respectively) when in comparison with the identical interval final yr.

Because of this, present CEO Sato Suminobu will step down from his place in March, though he’ll stay a director on the firm. He’ll get replaced as firm CEO by Shinichi Terui, who’s at the moment serving as an government director at Marvelous.

Within the Gamebiz report that Automaton cites (for which we’re utilizing machine translation), it additionally sounds as if each Sato and Terui will obtain 10% pay cuts, though Automaton says these cuts will apply to “two full-time executives” quite than the 2 named workers.

As Automaton factors out, Marvelous launched two main initiatives within the nine-month interval between April and December 2024, specifically farming RPG Farmagia and a re-release of the remake of Story of Seasons: Buddies of Mineral City.

The latter, in accordance with Marvelous, carried out “steadily”, however there isn’t any indication as to how the previous did. Given the change in management and Farmagia‘s terminally low Steam evaluate rely, nonetheless, it is unlikely the sport offered significantly properly.

It’s price noting {that a} new Rune Manufacturing unit sport, Rune Manufacturing unit: Guardians of Azuma, is coming in Might, however since Marvelous’ monetary yr ends in March, the sport will not be launched in time for it to have an effect on the studio’s 2024-25 fiscals.

It stays to be seen whether or not Marvelous’ change in management will have an effect on how the corporate operates, in addition to whether or not it will flip the studio’s fortunes round. Keep tuned for extra on this and all different issues Marvelous.