Category Archives: square financials

Following a disappointing FY2013 punctuated by an “extraordinary loss“, Square Enix has announced plans to dramatically alter the way it approaches games development.

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Square-Enix has posted its financial report for the financial year ended March 31st, highlighting a ¥13.7 billion loss amid what it has called a ‘competitive’ console market. The company will now look to the PC, mobile and tablet space with greater focus to reverse the trend.

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The European market is soft but its poor sales in North America that really surprised Square Enix this past year, resulting in an expected extraordinary loss out of its next financial report.

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Square-Enix posted a grim financial revision yesterday, which caused president Yoichi Wada to stand down. The company then called Tomb Raider a failure, despite selling 3.4 million units in just four weeks. Numbers like these are often not enough to cover triple-a development costs, one analyst has said.

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Tomb Raider has sold 3.4 million units in the last four weeks, which is still a failure in the eyes of Square-Enix’s financial report. The company published a grim revision of its expected financials this morning, citing the poor performance of several titles as a key contributor.

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Square-Enix has revised its financial forecast for the year-ended March 31st, and now expects to suffer an ‘extraordinary loss’.

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Square-Enix had a strong run of IP last year, but its latest financial report makes for uneasy reading. The Japanese firm has published a loss of ¥5.7 billion for the nine-month period ended December 31st 2012, and cites the increasingly difficult console market as a key factor.

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Square Enix has reported ¥61 billion ($760 million) in earnings for the first half of its fiscal year, when ended on September 30.

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Final Fantasy and Dragon Quest publisher Square Enix had little good news to share this quarter, highlighting a small number of Japan-exclusive titles as its best bets during a very quiet three month start to the year.

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A report on the average salary paid to employees by gaming companies has revealed that Square Enix holds the top spot, at nearly double the average wage of its nearest competitor.

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Square Enix has posted a small year-on-year increase in sales for the year ending March 2012, resulting in an overall profit for the publisher.

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Square Enix has released its financial results for the nine-month period ending December 31, 2011, and the firm reported increases in both revenue and profit thanks to its games division as well as its social and online offerings.

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Square Enix released its Q2 earnings report today, which noted a 15% year-over-year decrease in net sales to ¥57.516 billion ($735 million) for the April-September period.

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Square Enix posted its financial results Q1 of its current fiscal year, and due to a lack of major title releases, the firm reported a 62 percent decrease in profit to ¥690 million ($8.8 million) compared to ¥1.8 billion ($22.9 million) for the same period in 2010.

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After announcing its financials for its last fiscal year, Square Enix boss Yoichi Wada told investors that the firm’s internal revamping will probably take one to two years to accomplish.

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Square Enix has released its financial information for its fiscal year ending March 31, and it finds sales down 35 percent for the year to ¥12 billion ($148 million/£90.6 million).

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Square Enix has confirmed this morning that its canceled an unknown number of digital titles to “strengthen” the company’s revenue base.

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Square Enix has reported an earnings fall for the nine months ending December 31, but confirmed that Kane and Lynch 2: Dog Days had sold more than 1 million units.

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