Is Square Enix on the decline?

For 2022, Square Enix (9684. T-JP: Tokyo) (OTC: SQNNY) stock was down 1%. This compares with a 30% decline for the DFC Intelligence Video Game Stock Index.

Is Square Enix declining?

Square Enix's financial results for the last nine months of 2022 show a decline in sales, which they hope to offset in 2023 with new releases.

Is Square Enix in trouble?

Detailing its latest financial results, Square Enix reports that its sales have fallen despite launching a slew of games in 2022. Square Enix has announced that its sales for the current year up to December 31, 2022, have gone down despite its slate of games that were released in 2022.

Is Square Enix doing well?

Square Enix's game sales were down in all categories last year. Square Enix's latest financial report shows that 2022 was not a good year for the company, as game sales were down from the same time the previous year. This is despite a long list of releases in 2022, although admittedly not as big as its 2021 offerings.

How is Square Enix doing financially?

In its new financial reports for 2022, Square Enix states that its sales have dropped 7% compared to the previous year's financial period.

Square Enix is Having A LOT of Problems

Why is Square Enix no longer selling Ffxiv?

Square Enix is suspending the sales and delivery of Final Fantasy XIV Starter Edition and Complete Edition, because it's doing too well and the company can't keep up. The decision applies to both physical and digital versions of the game and will be enforced in the coming weeks.

Is ff14 declining?

MMO sales dropped compared to 2022, unsurprising given Final Fantasy XIV's Endwalker expansion released in the previous fiscal year, though they remain higher than they were in 2021. Mobile sales also declined, as Square Enix said new titles could not make up for the existing games' underperformance.

What are the failed Square Enix games?

Despite each game clearing at least a million sales, Square Enix has revealed Tomb Raider, Hitman: Absolution and Sleeping Dogs all failed to meet their targets. This news comes on the same day the company projected a 13 billion yen loss and saw its president resign. What is this?

Is Square Enix in debt?

According to Square Enix 's latest financial reports the company's total debt is $73.73 M. A company's total debt is the sum of all current and non-current debts.

Who is Square Enix rival?

SQUARE ENIX's competitors include Electronic Arts, Epic Games, Ubisoft, Riot Games.

Who just bought Square Enix?

Embracer Group agrees to acquire Square Enix Montréal, Eidos, Crystal Dynamics.

Why did Square Enix drop io?

Yosuke Matsuda, president and chief executive officer of Square Enix at the time, stated that the company's decision to divest itself of IO Interactive, alongside Hitman, was made because they felt like the series needed to go on, but would be in better hands with another partner or with IO Interactive itself.

Is ff14 still not being sold?

FFXIV players who already have active subscriptions can keep playing.

What was the recent Square Enix flop?

$100,000,000 in costs and lacklustre sales is not a good combo. Square Enix's triple-A title Forspoken could have cost more than $100,000,000 to develop, it's been revealed.

Why is Square Enix selling studios?

Essentially, games are getting more and more expensive to make, and with Square Enix having full ownership of numerous titles, it needs to be picky over where it puts its resources. So long term, Square Enix appears to be looking to sell stakes in its company to make things a little easier.

What is Square Enix most profitable game?

The company is best known for its role-playing video game franchises, which include the Final Fantasy, Dragon Quest, and Kingdom Hearts series. Of its properties, the Final Fantasy franchise is the best-selling, with a total worldwide sales of over 173 million units.

Is Square Enix getting sold?

Embracer Group completes acquisition of Square Enix's western studios. Fully embraced. Embracer Group has now completed its acquisition of Square Enix's western studios, namely Crystal Dynamics, Eidos-Montréal, and Square Enix Montréal.

Is Square Enix shutting down biggest disaster?

Square Enix has announced it's ending support for co-op multiplayer RPG Babylon's Fall, with the beleaguered game set to permanently shut down only a year after release.

Why was ff14 a failure?

Bugs & Graphical Problems

The graphical fidelity also meant that fewer players could be present in the same area than what might usually be expected for an MMO. For this reason, the game contained a lot of instanced areas, which added to the load times and an overall 'clunky' feeling.

What is the bloodiest Final Fantasy game?

TechRaptor - Final Fantasy 16 Will Be The Series' Bloodiest, Horniest Game Per ESRB - Steam News. 's rating reflects its violence, sexual themes, and partial nudity, as well as some good old-fashioned blood and gore.

What is Square Enix biggest game?

Of its intellectual properties (IPs), the Final Fantasy franchise is the best-selling, with total worldwide sales of over 173 million units. The Dragon Quest series has sold over 85 million units worldwide while the Kingdom Hearts series has shipped over 36 million copies worldwide.

Why is everyone switching to FFXIV?

The WoW playerbase is dwindling fast though and many of WoW's subscribers are unsubscribing and moving over to Final Fantasy XIV and enjoying the greener grass The reason for the mass exodus is due to - what I believe to be - game fatigue, bad design choices, a fed-up community and the recent Blizzard lawsuit.

Is FF14 better than WoW now?

For playing solo, FFXIV is probably the best. There is also more of a story to it and Square Enix is focusing on making the game entirely playable solo. Personally WoW has more of those moments where you get adrenaline (especially when you encounter a random ganks) and boss fights feel more exciting.

How many worlds are left in FF14?

In total, there are 14 worlds which are all fragments of what used to be Etheirys. The Ascians worked to destroy these reflections, and every destruction of one of these worlds manifested as a Calamity on the Source (though Ascians had to help cause this Calamity on the Source as well for the Rejoining to work).