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Square Enix boss talks expansion strategy again

Square Enix president Yoichi Wada has yet again said the firm is considering buying stakes in rival games companies to stave off competition both in Japan and abroad.

"Economies of scale and breadth of scope is getting important. It may be a business alliance or it may be us taking a stake in others, but we need to go beyond traditional Square Enix," he said, speaking at the Reuters Global Technology, Media and Telecoms Summit in Tokyo.

"We face competition not only from Japanese videogame companies but from game companies worldwide. We also see some new players from outside the videogame industry coming in."

Wada made similar statements in February this year, telling Bloomberg, “Acquisitions and alliances will be the cornerstone of our growth strategy this year and the next. We are an entertainment content provider, so you won’t see us buying business software or food and beverage companies.”

So get on and buy something already, Yoichi. It's just talk, talk, talk with you, isn't it?

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Patrick Garratt

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Patrick Garratt is a games media legend - and not just by reputation. He was named as such in the UK's 'Games Media Awards', the equivalent of a lifetime achievement award. After garnering experience on countless gaming magazines, he joined Eurogamer and later split from that brand to create VG247, putting the site on the map with fast, 24-hour a day coverage, and assembling the site's earliest editorial teams. He retired from VG247, and the games industry, in 2017.

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