Square Enix published financial results for the past financial year, which lasted from April last year to the end of March this year. Compared to the previous period, the Japanese publishing house lost in all key areas. Total sales, which slightly exceeded $2.5 billionthey are 6% lower than last year. Then the company earned 3% less.
As before, Square Enix’s revenue fell from the category of so-called HD games (premium console and PC games). By the way, failure is to blame forgotten since January of this year. It also led to the integration of developers from Luminous Productions into other Square Enix studios, ending the team’s five-year autonomy. Not even the Octopath Traveler II got in the way. 10% drop in HD gaming revenue.
Whereas in previous years it masked the setbacks to Square Enix’s growing popularity. Final Fantasy XIV, this time it did not greatly affect the financial results. In the MMO and subscription category, the publisher saw a decline of even 14%. The reason for this is the lack of a full extension.
During the period under review, Square Enix sold almost 22.5 million game copies. Of most figures, he promises a 5% increase next year in the sales column. Of the big games, he mostly bets on the upcoming Final Fantasy XVI. Even a change in top management does not change the fact that the company wants to take a more significant path in the coming years along the path of blockchain games, NFT and the so-called Web 3.0.
Source :Indian TV
