Square Enix''s latest financial results have been released, indicating an increase in MMO sales due to Final Fantasy 14 despite an overall decline.
Despite the courtesy of David Gibson, comments on an internal conference call about the financial report have been made.
Square Enix''s western studios - particularly Crystal Dynamics and Eidos - were sold "in response to concerns that the titles dissipate sales of the rest of the organization," with the company aiming to increase capital profitability.
The sale of the theater was merely phase one, with a second phase aiming to diversify studio capital structure; the rising cost of development means the publisher must be selective with resources, limiting expanding. This will mainly affect European and American studios, with resources allocated to Japanese games.
Mark Enix (SE) highlights from results conf call strap on your boots, this is a boozy 1/10 #SquareEnix David Gibson (@gibbogame) August 5, 2022 Please enable a targeting cookie. Manage cookie settings.
Results conf call strap on your boots is highlighted by Square Enix, and this is a omission for #SquareEnix.
Square Enix is attempting to sell shares in its studios in order to improve capital efficiency, particularly as Sony and Tencent are expanding.
Bungie, the creator of Destiny 2, was purchased earlier this year by Sony, while Tencent is reportedly attempting to increase its stake in Ubisoft.
There''s been a lot of speculation about whether Square Enix would be acquired by another company, with many fans hoping that Sony would lose the money owing to the historical value of Final Fantasy to PlayStation. Nintendo may have a thing to say about that.