Square Enix Reported Huge Profits and Sales
You wouldn’t be alone in being confused with the news that Square Enix have just reported huge sales and profits figures for this year. It was reported today that they are looking to offload IO Interactive or close the studio for not meeting financial targets, but Square as a whole has performed extremely well.
Square Enix recorded net sales of $1.7 billion, a 20% increase over last year, and operating income is up 20.3%, ordinary income up by 22.9%.
Smartphone games from Square saw a strong performance with the likes of Kingdom Hearts Union X and Final Fantasy Brave Exvius.
The big hitters were the launch of Final Fantasy 15, and the PS4 version of Rise of the Tomb Raider.
Will this news let PC players finally get a share of the pie with a Final Fantasy 15 port? It has shown in the past that there is an audience for the Final Fantasy games on the platform, and I think it would sell very well given that strong reviews it received.