Square Enix has reported an 18.4% year-on-year decline in net sales for the most recent quarter. This downturn is primarily due to fewer new game releases, unlike the previous year's quarter, which saw the launch of Final Fantasy XVI and the Final Fantasy Pixel Remasters. Despite this decrease, the company managed to turn a profit due to reduced development cost amortization and advertising expenses. This positive financial outcome is also supported by an increase in sales and profits in the MMO sub-segment.
Mobile game sales, including titles like Final Fantasy VII Ever Crisis, have declined, though profitability increased due to operational expense optimization. The upcoming release of the Final Fantasy XIV expansion, Dawntrail, is expected to significantly boost profits in the next quarterly results.
In recent months, Square Enix underwent significant restructuring, cutting various in-development projects, which contributed to the profit increase. Despite the lack of official sales numbers for Final Fantasy VII Rebirth, the company's financial health has improved, though future releases face additional pressure.
Source:
If you enjoy my Final Fantasy news, be sure to follow xEzNaFF on Instagram, Facebook, Twitter/X, Threads, Reddit, Tiktok, or Youtube so you never miss future updates!
-⚡Xe⚡
Комментарии