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Finance

Square Enix logs 6 month profit of 3.7bn

Mon 07 Nov 2011 1:41pm GMT / 8:41am EST / 5:41am PST
Finance

Deus Ex helps publisher to reach recently doubled profit forecast

Square Enix has recorded a six month profit of 3.7 billion, in line with a recently increased forecast. The figure is more than double last year's total of 1.7 billion for the same period.

Sales for the half year were 57.5 billion, actually a slight reduction from the 68 billion for the same six month period last year. EPS for the period was 32.13.

Square Enix recently doubled it's profit forecast, a prediction which these results met almost exactly. The profit forecast for the full year now stands at 5 billion.

In the report accompanying the statement, Deus Ex: Human Revolution was quoted as having shipped over two million units, whilst smartphones, web-based income and social networks were all cited as growth sectors.

The company's amusement, publishing and merchandising divisions all recorded shrinking businesses. In stark contrast to the recent reports of many Japanese companies, Square Enix's financials actually showed a reduction in costs from currency exchanges, down from 2.3 billion to 2.1 billion.

4 Comments

Stefano Ronchi
Indie Game Developer

50 0 0.0
I still wish they would concentrate more on improving their Final Fantasy franchise in terms of quality, but I'm glad they are keeping afloat with the publisher side of things.

Posted:2 years ago

#1
The challenge is FF is such a sacred cow, it will require a team sufficiently instilled in the origins of Final Fantasy, respectful enough but fresh enough to carve a new FF that is not a reboot but in the vein and tradition of FF that will do it justice, without being too over ambitious or fanciful in its fighting gameplay.

Much like a good piece of art is the right mixture of information but not so much detail it is just noise.

Posted:2 years ago

#2

Will Ross

4 0 0.0
I for one am really looking forward to FFXIII-2, I played XIII non-stop when it came out and enjoyed it a lot. However I think that the storylines will be hard to come by in the future, for example this sequel in particular has a lot to look up to in comparison to the IX franchise.

Posted:2 years ago

#3

Stephen McCarthy
Studying Games Technology

205 0 0.0
I think the new FF-type 0 will do well, it looking better then the last lot of games.

Posted:2 years ago

#4

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