Square Enix today announced the financial results for the first half of the current fiscal year which will end on March 31, 2023. From the shared data we learn that the revenues and profits of the Japanese company are downwith Final Fantasy 14 which instead continues to record very positive numbers, reiterating the great success of the MMO.
According to the Square Enix report, net revenues as of September 30th decreased by 3.3% on an annual basis, for a total of 163.3 billion yen (about 1.11 billion euros) while operating profit decreased by 10.6%, for a total of 26 billion yen (equal to approximately 177.8 million euros).
Especially the division Digital Entertainment Business, which includes video games, saw revenues drop by 9.5% and profits by 16.6% on an annual basis. The company says these results come from subdued sales of the games released, with the exception of Fullmetal Alchemist Mobile which posted positive numbers at launch.
Final Fantasy 14 instead continues to record positive numbers, even higher than last year, thanks to an increase in subscriptions (but it is not specified how much), a sign of the excellent health and popularity enjoyed by the MMORPG. Considering the disastrous launch of the game and the risky choice to “restart” it completely with A Realm Reborn, we can consider it a bet won by Square Enix.
Final Fantasy XIV, the protagonist of the promotional trailers
Close to the announcement of the latest financial data, Square Enix stated that the Japanese market alone is no longer enough to re-enter the costs of video game development and make profits, a sign that in the future we could see a greater number of projects aimed at an audience. international.