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Square Enix Posts 13.7 billion Yen loss, games income falls yoy by 99.7%

It looks like Square Enix isn’t doing too well financially.

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ErcsYou1173d ago

It must be hard to build games for gamers who tell you exactly what they want.. Cough,cough.(FF7 Remake/sequel) Cough, cough.

DA_SHREDDER1173d ago (Edited 1173d ago )

Or what they don't want.. cough, cough, FF13 (with its non FF combat elements and the abomination they call a story line in FF13.

Hold up, if this is true, then I wanna do exactly what i been planning to do when or if I ever heard news like this. It goes like this. Bwahahahahahahahaha!

Winter47th1173d ago

I don't feel sorry for SquareEnix.

Pyrrhus1172d ago

My biggest fear is that their E3 reveal will be all about Lightning returns and that it will be playable on PS4.

If we dont get news on Versus, I dunno what Im going to do.

badz1491172d ago

it's really really bad. how the hell could he think that all people want is more of Lightning? stupid Wada never gets it!

abzdine1172d ago (Edited 1172d ago )

i am happy this is happening to them! they turned their back to the loyal fans and followed the $$ instead and this is the result of all of it.

Now if SE need to recover they will have to go through hard times trying to earn fans trust by delivering what WE are expecting (VersusXIII date soon and a KH on home consoles). E3 will be a starting point they promised to reveal they next thing on PS4.

gaffyh1172d ago

@Pyrrhus - Oh crap, I didn't even consider that. I hope to God they don't do that! Also 99.7% DAMN!!!

+ Show (2) more repliesLast reply 1172d ago
LAWSON721173d ago

You people who want a masterpiece to be remade have problems. There is nothing wrong with the original. I played it the first time a year ago and the visuals are perfectly fine. It is nice you want devs to be uncreative and survive off of prior success.

aiBreeze1173d ago

I have to agree here, with how they are at the moment, I wouldn't want them touching FF7.. they'd taint it's otherwise near perfect memory.

papashango1173d ago (Edited 1172d ago )

well guess what. FF7 remake is their get out of jail free card and with a massive loss like this...expect a next-gen announcement for it real soon.

They spent too much time on their engine this gen instead of putting their imagination to use. Versus is not its savior at the moment. It would have just been another disappointing title by SE.

I'm not at all for a FF7 remake. They shouldn't touch it. But with all the new blood at SE now...Maybe they should redo it. At least then they'd have a template for what made Square Soft so loved. Maybe then they'd learn something.

Also it's my opinion that a remake announcement pretty much means that SE has gone desperate and to expect layoff announcements shortly after.

Kamikaze1351173d ago

People want a remake because SE is bound to add more content to an already good game and people are starting to doubt that SE can make a good single player FF game.

spartanlemur1173d ago

That's fine for you then - there's no need to play a remake. A remake of seven would serve three purposes though:
1: Bringing new, young fans to the series by recreating games which hooked us many years ago. Currently, all of square enix's customers seem to be nostalgic people like myself and probably you, which isn't really a sustainable model.
2: so that people who started later than FF7, like myself, can play it in a form which isn't visually offensive by modern standards (I started on FF9).
3: so Square Enix reconnects with what made their series so popular in the first place in hopes of carrying that rediscovered knowledge through to future productions.

Btw remakes don't just mean better graphics, but often an enhanced story, extra sidequests and a remastered score. Plus voice acting.

gaffyh1172d ago

I desperately want to play FF7, but I just can't do it, because I started on FF8, and it's not the same as playing an 8-bit FF, it's just terrible because the first impressions of the gfx in FF8 completely ruin FF7 for me. So I really want an FF7 remake, and I will hold off on playing until they do it.

Dasteru1172d ago (Edited 1172d ago )

It isn't about surviving off prior success, it is about listening to the fans.

FFVII is only 1 game, making it wouldn't completely bring them back as a company but it would show a general willingness to listen to the fans and quit being stupid.

Case in point, FF XIII. If they were listening to the fans, XIII-2 & XIII-3 never would have been made, they would have accepted that the entire idea behind those games wasn't working and would have moved on to something new.

perhaps going back to the game mechanics that have been working for them for the last 25 years. Instead of messing with something that is as you said "Perfectly fine", they have been messing with the formula for far too long now and completely ignoring fan input, and it is now driving them deeply into the ground.

Nothing wrong with trying something new once in a while but learn to accept when it doesn't pan out.

They tried, they failed, they didn't learn. That is the problem.

Definition of insanity:
"Doing the same thing over and over again and expecting different results" Albert Einstein.

+ Show (3) more repliesLast reply 1172d ago
AsheXII1172d ago

Im more fed up of the cloud saga than the Lightning saga by this point. Just move on to something else.

If you only care for FFVII ten clearly you're not a FF fan.

Anarki1172d ago

They need to release games to actually make a profit

kreate1172d ago

They gave us
Ff13
Ff13-2
Ff13-3

Which nobody asked for after 13

VileAndVicious1172d ago

@ErcsYou

Thats what Im saying!!!
There are so many franchises that square has in its backlog that would do so well, things that fans have been asking about for years (Im looking at you chrono trigger) and square continues to release garbage and make final fantasy tech demos. I just dont get it....

T21172d ago

Ya like every great rpg for a while seemed like square ... Wtf happened guys your games got boring !

+ Show (2) more repliesLast reply 1172d ago
ltachiUchiha1173d ago

Maybe this will make them think about getting ff versus out faster.

DEATHxTHExKIDx1173d ago

I just want Versus to be the best it can possibly be.

ltachiUchiha1173d ago

I agree bro but its been too long lol. I still have this as one of my most anticipated games no matter how long we wait.

Kurisu1173d ago

It's the 7 year anniversary of the Versus announcement this year, the game is never going to live up to everybody's expectations. I'm holding out for it to be 'good' but I'm not expecting to be blown away by it.

Pyrrhus1172d ago

At least they have stated that next gen production times will be cut down (seriously hoping its true because the pace they release games is erring on the pathetic.)

Gimme FFv13 (as FF15) and Kingdom Hearts 3 and Ill be happy. I want that nostalgia back like when I replay their old scool games.

knifefight1173d ago

Well when you keep doing rush jobs on some projects (FFXIV) and taking your foot completely off the gas on other projects (FF Versus XIII) and making games nobody really wanted (Lightning's Creed), yeah, this kind of thing tends to happen. You don't have to be a CEO to realize this.

DragonKnight1173d ago

Gee I wonder why.

Look, get rid of Toriyama and his unending fetish with Lightning and games that are as linear as possible. That will be a start.

Knushwood Butt1173d ago

Kinda related, but I was in a big arcade here in Japan at the weekend and was pretty surprised to see how many Square Enix cabs they had there.

Dunno how their arcade business is doing, but they seem to be pushing hard in that area.

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