Square Enix financials: Final Fantasy 14 relaunch exceeds projections, forecast revised

By Dave Cook
5 November 2013 09:47 GMT

Square Enix has published its six-month financial report, flagging up a revised year-end projection due to the strong performance of Final Fantasy 14: A Realm Reborn.

It follows the confirmation of several new games under the Square Enix and Eidos banner, such as Sleeping Dogs: Triad Wars, a new Hitman title, and the follow-up to Deus Ex: Human Revolution.

Square’s 2014 slate looks full with the release of Lightning Returns: Final Fantasy 13, Thief, as well as the ongoing development of Kingdom Hearts 3 and Final Fantasy 15 among others.

Siliconera reports that Square original projection for the full financial year sat between ¥59 billion ($598 million) and ¥63 billion.

That number has been revised due to Final Fantasy 14’s relaunch exceeding initial expectations, and has also been attributed to strong arcade performance in Japan. Square new full-year projection rests at ¥61.7 billion ($626 million).

Initially, the company had posted an expected operating loss of ¥2 billion ($20 million), but this has also changed. Square now expects to bring in an operating profit of ¥4.7 billion ($48 million).

Finally, Square’s net income projection was revised and narrowed from anywhere between a flat performance and a ¥1.3 billion ($13 million) loss to a ¥2.6 billion profit ($26 million).

We’ll have more stats as they trickle out of Japan today.

What do you make of the above? Are you playing Final Fantasy 14: A Realm Reborn? Let us know below.

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