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Square Enix fiscal year profits driven by Final Fantasy 14 relaunch

Wednesday, 5th February 2014 14:06 GMT By Phil Owen

Square Enix has disclosed its quarterly financial results, and the first nine months of the fiscal year which ends March 31, 3014 has seen the company recover from the financially devastating year before, thanks in no small part to Final Fantasy 14: A Realm Reborn, released on PC and PS3 in September

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Square had taken the struggling MMORPG offline and completely revamped it, launching it a second time with the A Realm Reborn subtitle to a decent amount of acclaim. For the nine-month period, revenue was about the same year-over-year but with a 5-billion yen profit rather than a loss in the same amount, according to Eurogamer. The comparison period saw the launch of underperforming AAA titles Sleeping Dogs and the notoriously expensive Hitman: Absolution.

Square also credited social and mobile cheapies for aiding in the quest for profit. The company said it expects year-end profit to be around 6 billion yen, which would be a marked change from last year’s 13 billion yen loss.

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