Publisher Square Enix and developers Game Studio and KAI GRAPHICS have released a gameplay overview trailer for Infinity Strash: Dragon Quest The Adventure of Dai.
07.08.2023 - 15:43 / gamesindustry.biz / Square Enix / Takashi Kiryu
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Final Fantasy creator Square Enix released its financial earnings for the three months ended June 30, 2023.
Square Enix's Digital Entertainment division is broken down into HD Games, MMO, and mobile/PC browser sub-segments.
The HD Games subsection generated ¥29 billion ($204 million) in net sales, an increase of 142% compared to last year.
The firm attributed the revenue bump to the two additions to its Final Fantasy game offerings, one of them being Final Fantasy Pixel Master.
But Square Enix's biggest HD Games release of the period was Final Fantasy 16, which launched on June 22. As of June 29, the title had sold three million copies.
As reported by Bloomberg, president Takashi Kiryu said in a post-earnings report call that Final Fantasy 16 did not meet sales expectations. The executive reportedly said that the slow adoption of Sony's PlayStation 5 console played a factor in the RPG's sales performance.
Mobile/PC browser games amassed ¥22.3 billion ($157 million), a decrease of 18% year-over-year.
The segment only saw one release with the launch of free-to-play Dragon Quest Champions. Square Enix currently has 19 games identified as "major operating titles" for the division.
During the quarter, Square Enix MMOs made ¥11 billion ($77.3 million) in revenue, representing a drop of 22% year-over-year.
The segment's performance was due to decreasing sales for Final Fantasy 14 and Dragon Quest 10, Square Enix said.
The publisher's earnings revealed that it sold 7.54 million game copies across its portfolio during Q1 FY2024 – a 76% growth year-over-year.
In its forecast, Square Enix announced that it expects net sales of ¥360 billion ($2.5 billion) for the fiscal year ending in March 2024, which would represent a 4.9% rise year-on-year.
The firm noted that it has multiple titles in its release pipeline. Dragon Quest Infinity Strash, based on The Adventure of Dai, is due out in September. Star Ocean The Second Story R will be released in November and Dragon Quest Monsters: The Dark Prince game is poised to release in December. Meanwhile, Final Fantasy 7 Rebirth, the second remake installment, is planned for an early 2024 launch.
The company revealed that Final Fantasy 14 will come to Xbox in Spring 2024. It also announced last week that the MMO will receive a new expansion pack, Dawntrail, in the summer of 2024.
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Publisher Square Enix and developers Game Studio and KAI GRAPHICS have released a gameplay overview trailer for Infinity Strash: Dragon Quest The Adventure of Dai.
At Final Fantasy 14 Fan Fest 2023, game director Naoki Yoshida (Yoshi-P) welcomed Xbox boss Phil Spencer onto the stage alongside Square Enix boss Takashi Kiryu to celebrate the announcement that Final Fantasy 14 is finally on its way to Xbox consoles after years of PlayStation console exclusivity. And it sounded like Microsoft had ensured even more Square Enix games will end up on Xbox in the coming years.
Final Fantasy 16 attracted plenty of plaudits and critical acclaim, but series creator Hironobu Sakaguchi may have endorsed it with its most important yet, describing it as the “ultimate” entry in the franchise. The ex-Square Enix director – who left the company in 2003 – posted the comments on Twitter, which will come as music to the ears of the development team.
It’s hard to believe it’s already been ten years since Square Enix dropped a meteor on the original Final Fantasy 14. The cataclysmic event that wiped the slate clean so the realm could be reborn. To mark the occasion, Square Enix has announced numerous events, all kicking off with a massive Anniversary sale. The sale runs from 17 August – 13 September 2023.
The father of the Final Fantasy series has high praise for Final Fantasy 16.
Announced back in 2021, Final Fantasy 7: Ever Crisis has looked like a surprisingly intriguing prospect in spite of its nature as a free-to-play mobile RPG, and after having continued to look increasingly promising with its showings since then, it’s now been handed a firm release date.
Final Fantasy VII: Ever Crisis will launch for iOS via App Store and Android via Google Play on September 7, Square Enix announced. Pre-registration is available now on both platforms.
Japanese publishing giant Square Enix saw a 14 per cent increase in net sales.
Square Enix reported some steep drops in its latest financial report, leading the company’s stock to take a hit on the Japanese market. Notably, the company’s MMO segment saw a 22% drop in revenue year over year.
It’s sometimes very easy to forget that video games aren’t just businesses; they’re businesses with a lot going on and have to deal with success and failure at multiple levels. For example, several of the biggest developers/publishers have stocks that they do their best to keep up, and thus stockholders for them to please. When a company does well, its stock tends to go up. In contrast, when they do poorly or something doesn’t meet expectations, their stock tends to fall a bit. Square Enix recently released an earnings report, which apparently didn’t make people too happy.
Final Fantasy XVI failed to meet the high-end of Square Enix's sales expectations, according to company president Takashi Kiryu.
Final Fantasy XVI has been one of the more fascinating sales stories to watch in 2023, as the game launched as a PS5 exclusive – essentially positioned as a PlayStation first-party title – and many wondered if the gambit would pan out. Initially, Square Enix tried to paint a positive picture, boasting about how quickly the game reached the 3-million-units-sold mark, but now they seem to be singing a different tune.