Profits for Japanese publishers Square Enix grew by almost 10% year on year. We will learn about this from the report for the 2022 financial year, that is, for the period from April 1, 2021 to the end of March of this year. However, the company owes a lot of its revenue to the success of the MMORPG. Final Fantasy XIV. In contrast, new premium games have suffered financially.
Square Enix took the money for the specified period almost 3 billion dollars. Games like Outriders as well as Guardians of the Marvel Galaxy but they did little to help him. At least for the first one, we know that it never made money from its release last April until the end of the year.
Compared to the previous year, which was supposed to be the driving force Avengers Marvel as well as Remake of Final Fantasy VIIproceeds from the division referred to by the company as HD games fell. Web and mobile games also fell short of the company’s expectations. All the more notable is the contribution of FF XIV, which successfully expanded in December 2021. Endwalker.
Also due to financial setbacks, Square Enix sold the studio in May this year. Crystal Dynamics, Eidos-Montreal and Square-Enix Montreal (now renamed Onoma) into the hands of the Swedish Embracer. With them, he also got rid of big brands like tomb Raider as well as god out.
Source : Zing
