Square-Enix President and CEO Mike Fisher Resigns

Square-Enix president and CEO Mike Fischer has left the Japanese company. After nearly three years with the developer/publisher, Fischer departed for a vice president position at Amazon Japan's Digital Music and Video division.

KingWilly1053784d ago

That's quite the weird jump in industry field.

MoveTheGlow3784d ago

It is! I wonder if he was basically pushed/forced to resign to centralize Squenix's control, like they already did with marketing divisions. Then he pushes how good a liaison he is between companies with presences in Japan and the US, and gets the Amazon job.

NarooN3784d ago

Maybe he got tired of Squeenix being a terrible company as of late? *shrugs*

Nothing really wrong with Amazon.

SexyGamerDude3784d ago

Only three years? Why so short of a time?

xamtheking3784d ago

I sure hope this doesn't affect production of KH3

Ilovetheps53784d ago

It's not being made right now. They've stated a couple times that they won't start production of that game until Versus is finished.

3784d ago
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Final Fantasy VII Rebirth is 150 Days Away From Launch

Final Fantasy VII Rebirth will be one of the biggest titles of 2024, and we're now only five months away from its launch!

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Snookies126h ago

Can't freaking wait! I only have one tiny nitpick from everything I've seen so far. The ground clutter. There is a ton of pop-in going on when moving around with small rocks and foliage. I hope they can touch that up a bit before release. The game itself looks like everything I could have hoped for! I hope there are a ton of different cards to collect, for Queen's Blood.

nommers2h ago

So glad they're bringing a card game to a FF game again

andy852h ago

Given it's an SSD game now I really hope that's cleaned up closer to release.

CrimsonWing6940m ago

Man, this is one of those games where when I saw the gameplay, I could tell immediately they’re raising the bar. I can’t tell you how hyped I am for this! It’s not crazy far out, but the wait is still getting to me.

There’s also Like a Dragon: Infinite Wealth and Persona 3 Remake to juggle before then. Dang, 2024 is a good time to be a JRPG fan.


Square Enix has lost nearly $2bn in market value since Final Fantasy 16’s release

Employees and analysts express concerns about its development structure and quality control

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Battlestar2319d ago ShowReplies(5)
gold_drake19d ago

yeh i mean, we know its not because ff16. cause sony paid for the exclusivity.

its because of everything else

their nft bs

first soldier bombing

chocobo racing hombing

crystal cronicles not doing as well as they hoped

forespoken sorta bombing

kingdom hearts 4 is still in development and the mobile game too

its all of their side hustles just not doing well, outside of ff7 remake ha.

maniacmayhem19d ago (Edited 19d ago )

The actual title would suggest otherwise and they even said themselves that FF16 didn't perform as well as they hoped.

So their deals with Sony isn't paying off in the long run which is probably why recently both Phil on Square were on stage together

Einhander197219d ago

They is factually not what they said, that is what the media circus said.

They were on stage to announce FFXIV coming to xbox which was something they had been working on for years.

And it's funny how all the blame is placed on Sony when most of there recent releases have been on Switch which also had exclusive games that no one seems to talk about.

gold_drake19d ago

you dont lose 2Billion market value because of one game, that sold 3.5 mil. even more than that now.

its a whole barrage of things. as this article also says.

maniacmayhem19d ago

*its a whole barrage of things. as this article also says.*

With FF16 being a part of it as the article also makes mention. So excusing FF16 because of Sony paying for exclusivity would be wrong.


I think they did say it and the media just reported on it.


I guess we can also start blaming the Switch, anything and everything else I suppose.

Christopher19d ago (Edited 19d ago )

FFXVI is already net profit. Please inform yourself before you discuss it, and don't take misleading titles as fact.

***With FF16 being a part of it as the article also makes mention. So excusing FF16 because of Sony paying for exclusivity would be wrong. ***

You're essentially trying to say it's FFXVI fault for not earning more money to cover for the huge losses elsewhere. What a ridiculous claim.

MrNinosan19d ago

You have reading issues, that's fine, but what is said is that FFXVI couldn't cover the loss of the other games.
FFXVI itself has covered for it's costs and more

Eonjay19d ago


This happens when you try to pigeonhole a narrative into a general statement. Logic tells us that FF16 probably already paid for itself. But he is trying to push this narrative so hard but it is logically inconsistent.

CrashMania19d ago (Edited 19d ago )

Yeah, I'm sure the whopping sales potential of an xbox version, which JRPGs typically perform poorly on, and with gamepass cannibilisation really would have made up for the company as a whole dropping 2 billion. It should get a decent bump from the PC version though at least.

Also FF16 was not the driving factor behind this and you know it.

Einhander197219d ago (Edited 19d ago )


No, that's wrong.

What he was talking about is projections.

So Square presumably said we expect this game to sell between 1m and 5m and they sold 3m.

What he said was "we didn't meet the high end projection" but they factually said multiple times that they game met sales expectations and was profitable.

The game sold 3m in it's first week, what other game has ever sold 3m in one week and come under this level of criticism... it's just a media smear campaign.

shinoff218319d ago

It'll sell on pc sure but it ain't selling much on xbox that's been proven in the past numerous times. It's even worse now, hell ms don't even release real sales numbers anymore , there's a reason why

Vx_19d ago Show
Valkyrye19d ago

bruh you're wrong, it's okay, not your first time nor your last

InUrFoxHole19d ago (Edited 19d ago )

No bro. I said a while back that they weren't pleased with the sales. I was told there was no proof.
@Gold drake
You can't act like FF not selling how they hoped didn't contribute though.

Extermin8or3_18d ago

Literally not what they said, infact they said the exact opposite. They said ff16 had sold well and met expectations given the install base of ps5. It had a higher attach rate than ff7 remake part 1.

wiz719118d ago

@gold_drake it sold 3.5 million on a console the supposedly sold over 40 million ? And that’s worldwide that’s literally only 7.5% of the ppl who own PS5 bought FF16 .. Ppl just hate to admit that Sony deal isn’t paying off as much ..

maniacmayhem18d ago

You guys are desperate trying your best to paint a different picture despite many articles here and what I left actually say.

FF 16 did not meet sales expectations, and couldn't offset their losses, facts, this along with Square's many other failed games has not only caused them to sell their western devs but now rethink their platform releases.

But yeah FF 16 being on one platform didn't add to Square's already financial problem, everyone here knows more than the actual muliple stories being reported about Square and Square saying it themselves.