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In this upload, we discuss exactly why Square Enix are massive losers, Final Fantasy VII Rebirth and more about the IP Holders of Dragon Quest, Forspoken and
https://www.pcgamer.com/gaming-industry/square-enix-announces-its-tanked-dollar140-million-in-losses-due-to-content-abandonment-though-theres-no-clue-as-to-whats-been-droppedand-where/
In a continuation of Square Enix's promise to review its development processes "from scratch", the gaming giant best known for Final Fantasy announced it was expecting massive losses in a warning
https://www.gameinformer.com/news/2024/04/30/square-enix-has-seemingly-canceled-some-games-in-an-effort-to-be-more-selective-and
Square Enix, the company behind last year's Final Fantasy XVI and this year's Final Fantasy VII Rebirth, has seemingly canceled some in-development games, taking on some big losses as a result.As for why, the company is aiming to be more selective about its projects moving forward. This news comes from a release related to Square Enix's holdings, which explains the company is incurring losses
https://metro.co.uk/2023/09/13/square-enix-loses-2-billion-as-investors-worry-over-companys-future-19493221/
Square Enix has yet to share updated sales figures, and a PC version is still on the way, but it's reported that the company has lost nearly $2 billion (around £1.6 billion) since the game's
https://techraptor.net/gaming/news/square-enix-140m-loss-shakeup
Square Enix has declared a massive $140m loss for the 2023-24 fiscal year, citing "content abandonment" as its reason. Square Enix has declared an extraordinary loss of $140.8m for the financial year ending in March 2024, relating to what it calls "content abandonment losses". In a statement released earlier today, Square Enix says it has
https://game8.co/articles/latest/square-enix-to-lose-billions-over-cancelled-titles
Square Enix Expects To Lose 22.1 Billion Yen Mainly Because of Cancelled Titles. Square Enix recently announced that they are expecting a massive loss of 22.1 billion yen, or over $140 million, in the fiscal year ending in March 2024. The reason is mainly caused by changing their development policy and the cancellation of ongoing projects.
https://finance.yahoo.com/news/square-enix-tries-raise-bar-154314630.html
As Square Enix tries to raise the bar for its own games, president says that doesn't mean only releasing massive AAA behemoths Catherine Lewis Mon, Jun 24, 2024, 11:43 AM 2 min read
https://metro.co.uk/2024/05/01/square-enix-selective-loses-112-million-cancelled-games-20752702/
The company has now confirmed it has abandoned, or re-scoped, a number of planned projects in the pursuit of this goal, resulting in a ¥22.1 billion (£112m) loss for the financial year ending
https://massivelyop.com/2024/05/01/square-enix-tells-investors-to-expect-140m-in-extraordinary-losses-this-quarter/
Square published a notice to investors yesterday, telling them it "expects to recognize extraordinary losses" thanks to its canceled games - to the tune of $140M US. Its formal earnings report is due out on May 13th. "At the meeting convened on March 27, 2024, the Board of Directors of SQUARE ENIX HOLDINGS CO., LTD.
https://www.gamingbible.com/news/square-enix-lost-2-billion-value-despite-ff16-launch-104458-20230915
Words by Dan Lipscombe. Square Enix is losing value fast. The Japanese company has lost nearly $2 billion in value since the launch of the latest instalment of Final Fantasy. A one-two punch of declining shares and a long-term investor reducing their stake. Share prices have dropped by 28% since its most recent high point set in June.
https://www.msn.com/en-ca/money/topstories/square-enix-loses-2-billion-as-investors-worry-over-the-company-s-future/ar-AA1gEU35
Square Enix has yet to share updated sales figures, and a PC version is still on the way, but it's reported that the company has lost nearly $2 billion (around £1.6 billion) since the game's
https://www.pushsquare.com/news/2024/04/square-enix-game-cancellations-likely-as-publisher-records-usd140-million-loss-in-content-disposal
Square Enix appears to have cancelled or at least rescoped the size of multiple unannounced games as a result of an internal review into its development process, with a "content disposal" loss
https://www.ign.com/articles/square-enix-president-says-the-company-wants-to-release-fewer-more-diverse-games
What the president of Square Enix seems to be indicating here is that the company has been a bit too reliant on just making lots and lots of mid-budget RPGs that weren't massive successes - see
https://www.reddit.com/r/JRPG/comments/16hs9n3/square_enix_loses_nearly_2_billion_in_value_since/
Square Enix is just really bad with money. The main problem is that the August financial report showed a 79% drop in Square's operating revenue. That basically means that Square is spending a lot more money than it is making and eating up its cash reserves. As the on-hand cash gets lower, Square has less money to cover the cost in an emergency.
https://www.reddit.com/r/TwoBestFriendsPlay/comments/16ht4xo/havent_seen_anyway_bring_this_up_square_enix_has/
"Square Enix has a new CEO, Takashi Kiryu, who intends to reduce the number of smaller games in the works to focus on big-budget games that have a greater chance of making an impact on the company's bottom line. Square Enix declined to comment." So the strategy is to double down on these big expensive games in hopes one of them catches on.
https://www.ign.com/articles/final-fantasy-maker-square-enix-takes-140-million-hit-in-content-abandonment-losses-as-it-revises-game-pipeline
Square Enix has revised its approach to PC and console game development, and absorbed ¥22.1 billion (approx $140.9 million) in what it calls "content abandonment losses."
https://www.reddit.com/r/XboxSeriesX/comments/102313l/is_there_a_story_behind_why_square_enix_are/
Sony has been pressuring particularly Square Enix to skip Xbox and paying them on occasions for that as well. I think Sony will acquire Square Enix at some point. ... Adding it to Gamepass has been a massive success for RGG and Sega, making it hugely more popular with Western audiences. ... The real losers are the consumers who pay for this
https://metro.co.uk/2024/01/18/square-enix-stop-mid-budget-games-final-fantasy-16-success-20137894/
Square Enix is one of the few major publishers that still publishes lower budget titles, often using its own internal teams, with games like Valkyrie Elysium, NEO: The World Ends With You, and The
https://me.ign.com/en/xbox-series-x/217253/news/square-enix-president-says-the-company-wants-to-release-fewer-more-diverse-games
Posted Jan. 19, 2024, 8:52 a.m. Square Enix appears to be on the verge of shaking up its development portfolio. According to its president, we may soon see fewer titles, but a more diverse array of genres coming out of a developer and publisher traditionally known for its massive RPG franchises. In an investor Q&A that took place back in
https://www.psu.com/news/square-enix-is-going-to-be-slimming-down-its-lineup-of-games-to-focus-more-on-certain-titles/
Square Enix will be "slimming down" its lineup of games to focus more on certain titles to try and ensure a higher quality bar per game. ... there have been clear winners and losers among the
https://www.pcgamer.com/mmos-exploded-this-year-but-not-in-the-ways-youd-expect/
MMOs thrive off of millions of players giving them a try, getting hooked, and populating their massive worlds. ... Tyler C. / Square Enix) Final Fantasy 14's rapid success, especially in the wake
https://www.reddit.com/r/FFXVI/comments/1crj8ki/square_enix_president_ff16ff7_rebirth_fell_short/
ADMIN MOD. Square Enix President: "FF16/FF7 Rebirth Fell Short of Expectations". Square Enix said: -FF16 sales fell short of expectations. Initial momentum was in line with expectations, but the games failed to reach FY goal as its momentum slowed. No updates from sales number last announced at 3 million.
https://www.animenewsnetwork.com/news/2024-06-27/otakon-2024-hosts-square-enix-yoshinori-kitase-naoki-hamaguchi-teruki-endo/.212523
Kitase is the brand manager for Square Enix's Final Fantasy franchise. He has worked on the original Final Fantasy VII , Final Fantasy VII Remake , and Final Fantasy VII Rebirth games, as well as