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Square Enix Revenue Declines
For the latest quarter ending 12/31/22, Square Enix (9684.T-JP: Tokyo) (OTC: SQNNY) saw revenue decline 12% to ¥92,224 million (about $800 million). Mobile game sales were down 25%, HD game sales were up 10%, and MMO game sales were down 41%. For the nine-month period ending 12/31/22, sales were down 7%, however, profit was up 16% to ¥46,397 million.
Analysis
Square Enix has a lot of moving parts. Its video game division “Digital Enter…..
For the latest quarter ending 12/31/22, Square Enix (9684.T-JP: Tokyo) (OTC: SQNNY) saw revenue decline 12% to ¥92,224 million (about $800 million). Mobile game sales were down 25%, HD game sales were up 10%, and MMO game sales were down 41%. For the nine-month period ending 12/31/22, sales were down 7%, however, profit was up 16% to ¥46,397 million. Analysis Square Enix has a lot of moving parts. Its video game division “Digital Entertainmen…..
For the latest quarter ending 12/31/22, Square Enix (9684.T-JP: Tokyo) (OTC: SQNNY) saw revenue decline 12% to ¥92,224 million (about $800 million). Mobile game sales were down 25%, HD game sales were up 10%, and MMO game sales were down 41%. For the nine-month period ending 12/31/22, sales were down 7%, however, profit was up 16% to ¥46,397 million. Analysis Square Enix has a lot of moving parts. Its video game division “Digital Entertainmen…..
Square Enix’s Forspoken is First Major Disappointment of 2023
Square Enix’s Forspoken is one of the first major exclusives for PlayStation 5 to launch in 2023. Unfortunately, reviews have been mixed with a current score of only 67 on Metacritic.
Analysis
Forspoken was a highly anticipated title for both PlayStation 5 and PC. Most reviews have been mixed with some reviewers really enjoying the title. …..
Square Enix’s Forspoken is one of the first major exclusives for PlayStation 5 to launch in 2023. Unfortunately, reviews have been mixed with a current score of only 67 on Metacritic. Analysis Forspoken was a highly anticipated title for both PlayStation 5 and PC. Most reviews have been mixed with some reviewers really enjoying the title. …..
Square Enix’s Forspoken is one of the first major exclusives for PlayStation 5 to launch in 2023. Unfortunately, reviews have been mixed with a current score of only 67 on Metacritic. Analysis Forspoken was a highly anticipated title for both PlayStation 5 and PC. Most reviews have been mixed with some reviewers really enjoying the title. …..
Is Square Enix Trying to Do Too Much?
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. However, among Japanese video game companies, Square Enix was one of the weaker performers. Overall Japanese video game companies had a strong stock price increase of 15%.
The big news from Square Enix has been the sale of Western assets and IP to the…..
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. However, among Japanese video game companies, Square Enix was one of the weaker performers. Overall Japanese video game companies had a strong stock price increase of 15%. The big news from Square Enix has been the sale of Western assets and IP to the…..
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. However, among Japanese video game companies, Square Enix was one of the weaker performers. Overall Japanese video game companies had a strong stock price increase of 15%. The big news from Square Enix has been the sale of Western assets and IP to the…..
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