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Square Enix sees an 6.6% drop for the past nine months as it pulls in $2bn

The publisher notes that its HD Games segment saw an 11.3% decrease despite launching multiple titles

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Final Fantasy maker Square Enix released its financial earnings from April 1 to December 31, 2022.

Here's what you need to know for the nine-month period:

The numbers

  • Net Sales: ¥255.6 billion ($1.9 billion), down 6.6% year-on-year
  • Profit: ¥46.3 billion ($353 million), up 16.3% year-on-year
  • Digital Entertainment net sales: ¥184.3 billion ($1.4 billion), down 13% year-on-year

HD Games

The HD Games subsection generated ¥58.1 billion ($444 million) in net sales, a decrease of 11.3% compared to last year.

The firm noted that the sector's revenue didn't reach last year's sales despite launching multiple games.

Square Enix's HD title launches during the nine period include:

  • Powerwash Simulator
  • Live A Live
  • Valkyrie Elysium
  • Star Ocean The Divine Force
  • Crisis Core: Final Fantasy 7 Reunion

Mobile/PC Browser

Mobile/PC Browser games amassed ¥85.7 billion ($654.8 million), a decrease of 12.4% year-over-year.

Square Enix has highlighted a slate of 19 major titles for the segment.

However, it notes, "New titles were unable to offset weak performances from existing titles."


During the period, MMOs made ¥40.5 billion ($309 million) in revenue, representing a decrease of 16% year-over-year.

While last year saw Final Fantasy XIV and Dragon Quest X receive new expansion packs, the firm said that new major content updates are planned, it added that it would make retaining MMO users a priority.

Additionally, the publisher's earnings revealed that it sold 16.43 million copies of both downloaded and packaged games during the nine months.

Downloaded games made up 11.48 million units of the figure, whereas disc-based titles sold 4.95 million units.

Looking ahead

Square Enix notes that it launched its newest JRPG, Forspoken, last month.

Meanwhile, Theatrhythm Final Bar Line and Octopath Traveler 2 are slated to release this February. Final Fantasy 16 is on pace to release on June 22, 2023.

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Jeffrey Rousseau avatar

Jeffrey Rousseau

Staff Writer

Jeffrey Rousseau joined GamesIndustry.biz in March 2021. Based in Florida, his work focused on the intersectionality of games and media. He enjoys reading, podcasts, staying informed, and learning how people are tackling issues.