If you get the "Application formatting" error, then follow these steps and it may fix the issue.
This error is often caused by a moved/renamed game folder. There are two ways to fix this:
Open up the Registry Editor by typing "regedit" in the windows 7 search box and pressing enter.
Navigate to: "HKEY_CURRENT_USER/Software/DEV/GAME"
replacing DEV
with the developer name (ex: Will) and GAME
with the game (ex: yumemirukusuri). Then just exit out of the registry editor and launch again.
Fix Source: https://forums.fuwanovel.net/topic/10445-yume-miru-kusuri-faq/