Square: No impact from PS3 price cut until 2010

Square Enix president Yoichi Wada has said that the price cut on the PlayStation 3 will not have a significant effect on the publisher until the financial year beginning April 2010.

That's despite the company releasing Final Fantasy XIII in either November or December this year.

"In terms of the impact (the PS3 cut) will have on this financial year's earnings, I don't think there will be a major difference," said Wada, according to a report by Reuters. "But I expect there to be a big impact from next year."

The Dragon Quest publisher is expecting an operating profit of JPY 25 billion and sales of JPY 180 billion for the year ended March 2010.

Final Fantasy XIII, Dragon Quest IX and Batman: Arkham Asylum are all expected to sell one million units, according to the report.