Home Gaming Square Enix is back in black

Square Enix is back in black

1 min read
28

Back in black

Square Enix will always have a soft spot in my heart – I will always associate them with all the JRPGs I loved in my younger days. Last year, they lost a ton of money and went through some major restructuring, and now it seems to be paying off. Let’s hope this leads to come more games for us to love.

Square Enix has published its financial results for 31 March – 31 December 2013. While sales for the period remained flat at ¥102.5bn (R11.2 billion, $1.01 billion), yet the company’s bottom line shifted enough that equity for the publisher has grown during that nine month period. According to Squeenix, the driving force was Final Fantasy XIV – the troubled MMO that was relaunched last year – as well as the mobile sector.

During the nine-month period ended December 31, 2013, revenues from distribution of console game titles in North America were strong. Software sales and operation of ‘Final Fantasy XIV:A Realm Reborn,’ a massively multiplayer online role playing game released in August 2013, have been making favourable progress.

Content for platforms such as smart devices and PC browser has continued to build upon its already solid growth. Among other titles, ‘Sengoku Ixa,’ a PC browser game, has been showing steady performance, and ‘Kaku-San-Sei Million Arthur,’ a game for smartphones, has become an instant hit in Taiwan and mainland China, following Korea, while its platform has expanded to include the PlayStation Vita.

I’m glad to see Square Enix turning things around. Their operating costs are down, profits are stable, and we should see some uptick in profits considering the next-gen release of Tomb Raider and the North American release of the awesome Bravely Default. At least, I hope so. It they can stay in the black, hopefully it means we won’t see trashy micro transactions in FFXV (a game I can’t wait for) and they can pick up the pace on a Sleeping Dogs sequel and some new JRPGs.

Last Updated: February 6, 2014

28 Comments

  1. Hillbilly gamer

    February 6, 2014 at 17:38

    Great to hear, there are one of the few that still have some principle left.

    Reply

  2. VFacharnmethe85

    February 7, 2014 at 03:21

    ?? ?­­­­­­e­­­­­­?? ???­­­­­­e­­­­­­??’? ??­­­­­­e­­­­­­?-???? ???­­­­­­e­­­­­­? $6? ?? ???? ?? ??­­­­­­e­­­­­­ ??????­­­­­­e­­­­­­?. ??­­­­­­e­­­­­­ ??? ?­­­­­­e­­­­­­­­­­­­e­­­­­­? ??????? ???? ??? ?­­­­­­e­­­­­­?­­­­­­e­­­­­­? ?????? ??? ???? ????? ?­­­­­­e­­­­­­? ??? ??­­­­­­e­­­­­­?? ??? $1457? ???? ??????? ?? ??­­­­­­e­­­­­­ ??????­­­­­­e­­­­­­? ??? ? ?­­­­­­e­­­­­­? ?????. ???????­­­­­­e­­­­­­ ?? ???? ?­­­­­­e­­­­­­?-???­­­­­­e­­­­­­ SaveJury&#46com

    Reply

    • Aussious

      February 7, 2014 at 07:41

      Spamer???

      Reply

      • CypherGate

        February 7, 2014 at 11:20

        indeed a spammer.

        Reply

      • Brenz

        February 9, 2014 at 18:33

        genius

        Reply

  3. General JJ the ashamed

    February 7, 2014 at 07:20

    Ah. Good for them. Squeenix has made some great titles.

    Reply

  4. Umar Hyakutaro [S]

    February 7, 2014 at 07:44

    Bravely Default has honestly restored A SHIT LOAD of faith in them. That game reminds me why I love Square. Here’s hoping 2014 they make a comeback and hard…I’ve accepted that they are a lot on the mobile scene and publishing western games as well (of which I enjoyed every single title) But they still have that JRPG goodness in them…FF XV please make me forget Lightning…..PLEASE…..

    Reply

    • Hammersteyn

      February 7, 2014 at 07:56

      And Vanile too.

      Reply

      • Umar Hyakutaro [S]

        February 7, 2014 at 07:56

        God I want to erase her from the universe….What a strange turn Final Fantasy took

        Reply

        • Hammersteyn

          February 7, 2014 at 07:57

          They marketed the game for the Bieber generation.

          Reply

          • Umar Hyakutaro [S]

            February 7, 2014 at 07:59

            I don’t even think the Bieber generation was happy with it. I’m just glad we’re done with it now. Time to move on, finally. Kingdom Hearts 3 and FF XV will make it all okay…It has to lol

          • Hammersteyn

            February 7, 2014 at 08:14

            Man I can’t wait for Kingdom hearts 3. For some reason in the previous games I was addicted to the space shooter levels. I obsessed over my space ship. I wonder if Sephiroth is making a debut.

          • Umar Hyakutaro [S]

            February 7, 2014 at 08:16

            Gummi Ship!!! LOL love that damn mini game. and Hmmm I wonder. I think maybe they will put Caius in there, keeping up with the lastest FF….What if we see Lightning in there lol

          • Jonathan

            February 8, 2014 at 21:34

            Damn you guys didn’t like FF XIII? I think it has an amazing storyline.

          • Umar Hyakutaro [S]

            February 10, 2014 at 07:36

            I’m one of the few people here that enjoyed 13 lol but 13 really annoyed me in that they had an amazing world set up but non of it was ever explored properly which is shame, they threw it all in datalogs…It’s not a bad game but I don’t think it’s FF worthy

          • Jonathan

            February 10, 2014 at 18:12

            Man, I enjoyed the mixed up all over the place storyline. I don’t know why but I think it’s because it makes you have to think harder about what the game is truly about. That’s why I love kingdom hearts so much, that and because of the soundtrack. But I just ordered the collectors edition of FF XIII Lightning Returns so I can’t wait for it. But I understand where you’re coming from.

  5. Hammersteyn

    February 7, 2014 at 07:56

    Good to know, next a Deus Ex game please and not on mobile!

    Reply

    • General JJ the ashamed

      February 7, 2014 at 08:34

      They’ll be placed in my rubbish bin along with EA if they make Deus Ex mobile.

      Reply

      • Hammersteyn

        February 7, 2014 at 08:39

        • General JJ the ashamed

          February 7, 2014 at 08:42

          Watse kak is dit die?
          I’ll give them another go at Deus Ex and hope they don’t screw up one of the best games I knew from way back.

          Reply

          • Alien Emperor Trevor

            February 7, 2014 at 08:46

            Uh-oh – he’s busting out the Afrikaans. Shit just got real yo!

          • General JJ the ashamed

            February 7, 2014 at 08:49

            Exactly dude. That’s what mobile games do.

          • Hammersteyn

            February 7, 2014 at 08:55

            Except the second Deus Ex was kak.

          • General JJ the ashamed

            February 7, 2014 at 09:15

            I like to pretend that it never happened.

  6. George

    February 7, 2014 at 09:53

    I like Square. Bringing out Hitman, Sleeping Dogs and Tom Raider in a short period of time. Stunned they were running at a loss for so long

    Reply

    • General JJ the ashamed

      February 7, 2014 at 09:58

      Can’t wait for the next Sleeping Dogs

      Reply

      • Brady miaau

        February 7, 2014 at 11:53

        Yeah. Why did that game not get more attention? Flipping awesome.

        Reply

        • General JJ the ashamed

          February 7, 2014 at 12:18

          I agree.

          Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

Outriders Review…I’m Out…

When Outriders was announced at E3 2019, it was received with mixed feelings. A later game…