Why is Square Enix selling?

The publisher's reasoning, according to analyst David Gibson, is that its Western studios and their products might have been cannibalizing sales from the rest of the group, so selling them off “could improve capital efficiency” — basically, making more money relative to what the company spends to make more money.

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.

What happened to Square Enix?

In May 2022, Embracer Group acquired Eidos Montreal, Crystal Dynamics, and now-closed Square Enix Montreal for around €300 million. Nier Automata fans may also recognize Yosuke Matsuda as the secret CEO boss.

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 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.

The Real Reason Square Enix Just Sold Off Tomb Raider...

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 done with Avengers?

The multiplayer live-service game from Crystal Dynamics and Square Enix is shutting down in 2023. Marvel's Avengers, the online live-service multiplayer game developed by Crystal Dynamics and published by Square Enix, will officially come to an end in 2023.

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.

Is Sony trying to buy Square Enix?

This officially puts Sony out of the hunt to buy Take-Two Interactive (19.63 billion), Square Enix (5.6 billion), and Konami (6.7 billion). Kojima Productions isn't out of the budget. The same goes for Ubisoft.

Who is Square Enix rival?

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

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.

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.

What is Square Enix highest selling?

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.

Who just bought Square Enix?

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

Is ff14 still not being sold?

FFXIV players who already have active subscriptions can keep playing.

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 Ffxiv the most profitable game for Square Enix?

Final Fantasy 14 is now the most profitable entry into the franchise, after reaching 24 million registered players. The milestone was confirmed by Final Fantasy 14 game director Naoki Yoshida at a recent preview event for its upcoming Endwalker expansion.

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.

What will replace Avengers in MCU?

Secret Invasion is the biggest Disney+ project yet, vowing to change the Marvel Cinematic Universe forever - and possibly end the Avengers for good. Secret Invasion is poised to become the most impactful MCU Disney+ series by bringing an end to the era of the Avengers.

Who left Square Enix?

"I've started to count how many more games I'll be able to make in my lifetime." Ryutaro Ichimura, who is known as a chief producer of the Dragon Quest series, has left Square Enix as of March 31, he announced on Twitter.

Is Marvel Avengers shutting down?

After September 30, 2023, Marvel's Avengers will no longer be available for purchase digitally. The game will continue to be playable for anyone with an existing physical or digital copy of the game after that date.

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.

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.

Why did Square Enix drop Hitman?

"Whether it's our Western studios or Japanese studios, at Square Enix we sometimes end up with conflicts or shortages in terms of resources. I felt that if we were not able to continue sufficiently investing in Hitman, it could wind up ruining the game - so we found ourselves in a difficult position.