Last March, Yasuhiro Wada, who created Harvest Moon, stepped down from his position as Director Digital Contents. That same month, it was revealed that Cing, the studio that co-developed Little King Story, was going bankrupt.
In order to avoid, well, yeah, the company is taking measures to recoup: Marvelous Entertainment will stop developing original games, sell off its European subsidiary and withdraw from direct overseas distribution. Marvelous Entertainment titles will most likely continue to be licensed out to other Western publishers.
The company will focus on existing franchises like Harvest Moon and Rune Factory as well as expanding into browser games.