Marvelous Entertainment has, in the recent past, been reporting disappointing earnings. Well, not even "earnings." Losses. To combat those losses, the company reduced its slate for fiscal 2011, a strategy that appears to have worked.

In its last fiscal quarter (which ended June 30), Marvelous's digital content division had ¥71 million ($829,000) in profit. The same quarter last year saw $1.5 million in losses! According to Siliconera's summary of the report, the boosted performance has more to do with reduced costs than game sales -- sales were actually down 55.4% year-over-year. Marvelous released just three games in the quarter, including No More Heroes: Heroes' Paradise.

This article was originally published on Joystiq.