Square Enix full-year financials show $65 million profit

Monday, 12 May 2014 10:57 GMT By Dave Cook

Square Enix has posted its financial report for the fiscal year ended March 31, 2014, highlighting profits of ¥6.5 billion / $65 million.

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In its financial report, Square posted net sales of ¥155,023 million, which is a 4.8 increase on last year’s total, while the firm’s operating income for the year was ¥10,543 million, compared to an operating loss of ¥6,081 million last year.

The company’s recurring income for the year was ¥12,534 million, up on last year’s ¥4,378 million loss. It also saw compensation income of approximately ¥350 million, “for the closure of an amusement facility” was noted as an extraordinary gain for the firm, which was offset by an extraordinary loss of ¥1.7 billion due to “comprehensive review on work-in-progress game title.”

In the end, Square Enix saw net income of ¥6.5 billion / $65 million compared to last year’s net loss of ¥13,714 million.

Square’s digital entertainment arm, which includes revised MMO Final Fantasy 14: A Realm Reborn saw net sales of ¥94,571 million, which is an increase of 5.7% from the prior fiscal year, and operating income of ¥10,709 million, compared to ¥44 million in the previosu year.

In software, Square Enix stated that Final Fantasy X/X-2 HD Remaster, Thief and Tomb Raider: Definitive Edition saw “favourable sales,” and noted steady performance of its PC browser title Segoku IXA, the “encouraging start” of mobile game Dragon Quest Monsters: Super Light and the “favourable progress” of Final Fantasy 14: A Realm Reborn.

We’ll have more on units sold and other broken down figures as it comes out of Tokyo.

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