Sections

Square Enix profits boosted by Final Fantasy XII

Square Enix has published a new financial report which reveals a 14 per cent rise in profits for the company, up from YEN 14.93 billion (EURO 103.8 million) last year to YEN 17.08 billion (EURO 117.6 million).

Square Enix has published a new financial report which reveals a 14 per cent rise in profits for the company, up from YEN 14.93 billion (EURO 103.8 million) last year to YEN 17.08 billion (EURO 117.6 million).

Group sales also saw an increase, up to YEN 124.47 billion (EURO 1.18 billion) from YEN 73.86 billion - a rise of more than 68 per cent. Squenix attributed this to the acquisition of Taito and successful sales of Final Fantasy XII.

But despite the increases, Squenix's operating profit was down more than 40 per cent to YEN 15.47 billion (EURO 107.5 million). The drop was blamed on marketing and salary costs.

Squenix forecasts a 21 per cent rise in sales to YEN 150 billion (EURO 1.01 billion) over the next year, while group net profit is expected to drop to YEN 11 billion (EURO 770,000).

More stories

Final Fantasy 14 back on sale from January 25

Square Enix detailed its plan to expand its data centres to cope with players' demand

By Marie Dealessandri

Square Enix president says blockchain will be a "major strategic theme" in 2022

Yosuke Matsuda predicts rise of decentralised gaming will be driven by users who "play to earn" or "play to contribute"

By James Batchelor

Latest comments

Sign in to contribute

Need an account? Register now.