News / 2006 / July / 30

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• Quarter financial results: Squeenix in the green
  The results are in for the first quarter of the current fiscal year and Square Enix has turned a profit of 888 million yen ($7.60 million USD) from 37.20 billion yen ($318.21 million USD) of sales. This constitutes a tripling of sales and no less than sixteen times the same quarter's profits last year. More specifically, titles such as Valkyrie Profile: Silmeria and Dragon Quest VIII selling in Japan and Europe contributed to the 363 million yen ($3.11 million USD) profit of the Square Enix game division, while the official Final Fantasy XII strategy guide also did its part by increasing the profits of the publishing division more than one hundred percent. A new Final Fantasy XI expansion (along with original title's XBox release) helped boost online sales sixty percent. The only loser was Square Enix's subsidiary Taito, whose acquisition you may recall to have been just under a year ago; it has since suffered an operating loss of 663 million yen ($5.67 million USD). No, there is nothing clever to say. Merely weep at the loss of money.
  30 July 2006 by Ziyad ↑ -27 ↓ 14 commentss permalink