Square Enix Sales Decreased 15% in the Past Quarter

Meanwhile, Final Fantasy XIV subscriptions keep growing.

Final Fantasy creator Square Enix has published a financial report for the three months ended June 30, 2022. The company's net sales totaled ¥74.8 billion ($553 million), which is 15.5% lower than in the same period last year.

Ordinary income amounted to ¥26,255 million ($194 million) – an increase of 48.7% year-on-year, and profit increased to ¥18,355 million ($136 million), which is 45% higher than last year.

Square Enix's Digital Entertainment net sales decreased 23% year-on-year to ¥53.6 billion ($397 million), while the Amusement segment brought the company ¥12 billion ($89 million), 27% more than last year in the same period.

The HD Games subsection of Digital Entertainment generated ¥12 billion ($89 million) in net sales, a decrease of 52.2% from last year. The company attributes the decline to the lack of game releases for the quarter. Last year Square Enix launched Outriders and NieR Replicant during the quarter. Square Enix's biggest HD Games release of the period was the Outriders: Worldslayer expansion.

Mobile and PC Browser games brought Square Enix ¥27.3 billion ($202 million), a decrease of 17% year-over-year. The segment only saw one release – a free-to-play RPG Echoes of Mana. The company said that the title "got off to a solid start" during its launch in April, but could not offset "weak performances" by existing games.

The MMO segment made ¥14 billion ($104 million) in revenue, which is 20% more than last year. Final Fantasy XIV saw growth in the number of monthly paying subscribers.

Moreover, the publisher sold 4.28 million copies of both downloaded and packaged games, which shows a drop of 57% year-over-year.

The company said the consolidated forecasts will be provided "as soon as they can be appropriately and reasonably calculated." Learn more in the full report here and don't forget to join our Reddit page and our Telegram channel, follow us onInstagram and Twitter, where we are sharing breakdowns, the latest news, awesome artworks, and more. 

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