The announcement of merging Marvelous Entertainment Inc., AQ Interactive, Inc., Liveware Inc. in to Marvelous AQL Inc. on October 1, 2011 was originally proposed by Marvelous Entertainment Inc., and went effective on May 10, 2011. The plan would make Marvelous Entertainment Inc. the sole surviving entity after the merger, with Marvelous Entertainment Inc. renamed to Marvelous AQL Inc. on merger day. On December 22, 2011, MarvelousAQL Inc. announced the establishment of the overseas business department, with investment from Checkpoint Studios Inc., replacing the global strategy room, which dissolved on January 1, 2012. On October 25, 2012, MarvelousAQL Inc. announced its stock listing on the first section of the Tokyo Stock Exchange, effective on November 1, 2012. On January 1, 2013, MarvelousAQL Inc. established the amusement business division. The company's digital contents business division and amusement contents development division were moved into amusement business division, and was renamed as amusement development division. On February 1, 2013, MarvelousAQL Inc. established the digital contents business division. On July 1, 2014, MarvelousAQL Inc. was renamed as Marvelous Inc. On March 13, 2015, it was announced that Marvelous would acquire mobile gaming company G-Mode. This includes Data East IPs that G-Mode bought in 2004. Tencent acquired 20% of Marvelous via new shares, appoximately on May 26, 2020.
Subsidiaries
Entersphere: On December 21, 2011, Marvelous AQL Inc. announced Entersphere Inc. becoming a subsidiary of MarvelousAQL Inc. Entersphere Inc. became a Marvelous AQL Inc. subsidiary on 2012-01-11. On 2013-01-17, Entersphere Inc. its relocation to Shinagawa, Tokyo.
Marvelous Europe: On December 22, 2011, MarvelousAQL Inc. announced the establishment of a fully owned MAQL Europe Limited as an online game and mobile content developer and operator in Tunbridge Wells, United Kingdom, in April 2012. MAQL Europe, under the brand 'Marvelous Games' has released several mobile titles, including RunBot, Eyes Attack, Puzzle Coaster, Conquest Age and Wurdy.
Xseed Games: A carryover subsidiary from AQ Interactive, Inc. as Xseed JKS, Inc. On May 7, 2013, MarvelousAQL Inc. announced the renaming of Xseed JKS, Inc. to Marvelous USA, Inc., after purchasing the Index Digital Media, Inc.'s online business unit and transferred to Xseed JKS, Inc. on 2013-03-31.
led the company.
Hakama Inc.: A company established in 2018 by Marvelous. It's led by Story of Season and Rune Factory producer Yoshifumi Hashimoto.
Marvelous First Studio: An internal development studio founded by Marvelous in 2017. This studio is known for the development work of Fate/Extella Link, God Eater 3, and Daemon X Machina.
