Square Enix Announces Declining Financial Results; Planning Multiple New Games Including New IP
Square Enix Announces Declining Financial Results; Planning Multiple New Games Including New IP
by VonDukes
38 Comments
BluEyesWhtePrivilege
While down, these companies are still making huge profits.
Magimus
Or don’t make the new switch release of all the old FF so freaking limited that it sold out before people in that region could wake up to buy it. You’re missing tons of cash for stupid choices like that.
Magimus
Also hire better writers for new IPs so they don’t tank because the story is so bland and the main hero so unlikable.
Z3M0G
Congrats, you played yourself going all-in on NFTs.
Karuro
– Standard physical editions as exclusive limited print
– Cloud gaming for games that predate the hardware
– Predatory monetization
– NFTs
I wonder why…
MitchFisherman
What’s really funny is they pull that stupid shit with the final fantasy pixel remaster launch and wonder why there are declining financial results.
Reset_Tears
Square Enix is an interesting game dev company at the moment. There have been some obvious missteps as of late, but they’re also doing a good job IMO at releasing a good variety of titles across multiple systems. They’ve notably had a steady “AA” output going too, which is nice to see in the current gaming climate (which for the most part feels like games that are either one extreme or the other — insanely big-budget AAA, or small-team pixel indies).
Reenans
It’s odd to think that if FF14 didn’t exist, square would be in a seriously bad situation.
Dancing-Swan
It’s crazy how much I loved SE back in the days and to me now they’re rather meh. FF XVI looks interesting but I’m not super into it, I was craving for KH when I was younger and now it’s basically whatever.
It also seems they announce new Mobile games a ton per year to shut them down half a year later lol.
StardustCrusader147
They dropped a ton of games this year and alot of them were not good unfortunately. I love square but they should probably work on less projects to create more quality games
bludstone
i just want hd-2d re-releases of the old snes rpgs.
TemurTron
It’s absolutely nuts that the company that put out Final Fantasy 7, 8, 9, and 10 within a five year span would have such a hard time creating good games these days.
Luchador_Luke
Stop following trends that have zero momentum and start making good games again.
EtheusRook
I think it sucks to not see games like Triangle Strategy and DioField Chronicles do better in sales. These are good games, and don’t deserve to be lumped in with cynnical bombs like Marvel’s Avengers, Babylon’s Fall, and Chocobo GP in the disappointments.
pichael288
The last two years they announced NFT aspirations in their new years messages.
Personally I only enjoy about half the games they make. The character writing quality is either great or horrendous (Nomura comes to mind with the “I’m here to kill chaos” nonsense). So it’s hit or miss. The new final fantasy looks promising though. The main character seems cool, I’m tired of these lame ass edgelord emo characters.
I’m hearing rumors of a FFIX remake and I’m excited about that. 9 was the last “fantasy” final fantasy, it felt almost like a fairy tale.
Shas_Erra
Ditch the cloud gaming and digital only model and remake the SNES library with Octopath’s engine. Problem solved.
Show me one person who wouldn’t sell a kidney for a limited edition 2D-HD remake of Chrono Trigger
-lRexl-
I haven’t seen a *must have* game from them in a while
StormMalice
Sigh. Another year. Another SE on the verge of collapse story.
Oz347
Just give me final fantasy tactics advance remastered. I’ll give you however much money you want.
Abraham_Lincoln
Mallow and Gene revival.
Remote_Candle_3238
-Besides FF14-
Square Enix confused about declining profits….when they do not still make any games like what made them famous, generally.
LOL sigh.
MuramasaEdge
They need to abandon their obsession with Live Services and make actual videogames with actual content instead of constantly trying to find ways to aggressively squeeze players. I won’t hold my breath though given their commitment to NFT & Play to Earn bullshit in the coming years.
FFXIV is saving that company right now.
LuRo332
Instead of NFT they should invest big fkng money into Yoko Taro. Literally one of the best directors they work with. If his next game does not have the big budget it deserves then I will lose all hope for their decisions making
SwashNBuckle
If they need more money, they should restock the pixel remaster physical collection and actually let everyone buy it.
peeweeharmani
It’s insane that the company who made some of the best games ever is struggling financially. I can’t help but think this is due to poor management/progression of their main IP’s. Withholding the FF pixel remasters from console, not doing more 2D/HD ports of their SNES masterpieces, pushing certain franchises to being cheap cash grab micro transaction games, etc. I’m not a businessman but I think profit for this company should be easy to maintain 🤷♂️
zunjae
I wish nothing but the worst for companies that were/are into NFT
oneluv_hug
I want SE to succeed, but the company has lost its vision that made it so successful and loved by fans of the past.
Wickham12
Maybe Super Mario RPG 2 could save them
Sopht_Serve
It’s like they are trying to have another kid to help repair the failing marriage
b_lett
The fact that they have been holding Chrono Trigger and Super Mario RPG ransom from the most successful Nintendo console ever made just shows how out of touch they are.
There are ample opportunities for them to just print money, and they hold back what would be goldmines and then botch the releases they do put out.
DrLoaky
They should fire the people that made forspoken.
-dmpunk-
Square is in this weird space where their recent remasters really only cater to hyper-specific niches. Like, god bless them for finally porting Chrono Cross and Tactics Ogre and Live A Live, but noone I know is buying those games. And even people that **love** that era of JRPGs, myself included, have typically purchased & played those games already multiple times.
Also doesn’t help that to casual audiences, Triangle Strategy, Diofeld Chronicle, and Tactics Ogre might as well have been the same game dropped three times over a couple months.
cedriceent
Maybe don’t turn all your games into Life services that ironically have a life span of one year or less.
RedStar2021
Squeenix as a company really seems like it developed an allergy to “good decisions” over the past 20 years. Their golden age absolutely ended with the turn of the decade after the 2000s, especially after Sakaguchi left the company, with an seemingly endless parade of embarrassments thereafter.
Rohan_Eragon
Maybe because for the past year they’ve been talking about NFT games, random mobile battle royales no one asked for, micro-transactions and other random stuff
SeymourButts007
Ah yes…. Make your games multiplat instead of ps only
Nero___Angelo
Good. Big companies like Square-Enix, Blizzard, Activision, CD Project Red need to know that their name alone no longer makes instant success. The market is ALWAYS changing. They need to as well.
unixtreme
They are literally making all the wrong decisions.
Like selling beloved franchises to make NFT games is extremely stupid.
As soon as I saw the new year letter from the president doubling down on this stupid idea I knew it was over.
Sure, they do hit the right thing every once in a while like with Octopath and for now FFXIV, but oh boy are they playing with fire here.
38 Comments
While down, these companies are still making huge profits.
Or don’t make the new switch release of all the old FF so freaking limited that it sold out before people in that region could wake up to buy it. You’re missing tons of cash for stupid choices like that.
Also hire better writers for new IPs so they don’t tank because the story is so bland and the main hero so unlikable.
Congrats, you played yourself going all-in on NFTs.
– Standard physical editions as exclusive limited print
– Cloud gaming for games that predate the hardware
– Predatory monetization
– NFTs
I wonder why…
What’s really funny is they pull that stupid shit with the final fantasy pixel remaster launch and wonder why there are declining financial results.
Square Enix is an interesting game dev company at the moment. There have been some obvious missteps as of late, but they’re also doing a good job IMO at releasing a good variety of titles across multiple systems. They’ve notably had a steady “AA” output going too, which is nice to see in the current gaming climate (which for the most part feels like games that are either one extreme or the other — insanely big-budget AAA, or small-team pixel indies).
It’s odd to think that if FF14 didn’t exist, square would be in a seriously bad situation.
It’s crazy how much I loved SE back in the days and to me now they’re rather meh. FF XVI looks interesting but I’m not super into it, I was craving for KH when I was younger and now it’s basically whatever.
It also seems they announce new Mobile games a ton per year to shut them down half a year later lol.
They dropped a ton of games this year and alot of them were not good unfortunately. I love square but they should probably work on less projects to create more quality games
i just want hd-2d re-releases of the old snes rpgs.
It’s absolutely nuts that the company that put out Final Fantasy 7, 8, 9, and 10 within a five year span would have such a hard time creating good games these days.
Stop following trends that have zero momentum and start making good games again.
I think it sucks to not see games like Triangle Strategy and DioField Chronicles do better in sales. These are good games, and don’t deserve to be lumped in with cynnical bombs like Marvel’s Avengers, Babylon’s Fall, and Chocobo GP in the disappointments.
The last two years they announced NFT aspirations in their new years messages.
Personally I only enjoy about half the games they make. The character writing quality is either great or horrendous (Nomura comes to mind with the “I’m here to kill chaos” nonsense). So it’s hit or miss. The new final fantasy looks promising though. The main character seems cool, I’m tired of these lame ass edgelord emo characters.
I’m hearing rumors of a FFIX remake and I’m excited about that. 9 was the last “fantasy” final fantasy, it felt almost like a fairy tale.
Ditch the cloud gaming and digital only model and remake the SNES library with Octopath’s engine. Problem solved.
Show me one person who wouldn’t sell a kidney for a limited edition 2D-HD remake of Chrono Trigger
I haven’t seen a *must have* game from them in a while
Sigh. Another year. Another SE on the verge of collapse story.
Just give me final fantasy tactics advance remastered. I’ll give you however much money you want.
Mallow and Gene revival.
-Besides FF14-
Square Enix confused about declining profits….when they do not still make any games like what made them famous, generally.
LOL sigh.
They need to abandon their obsession with Live Services and make actual videogames with actual content instead of constantly trying to find ways to aggressively squeeze players. I won’t hold my breath though given their commitment to NFT & Play to Earn bullshit in the coming years.
FFXIV is saving that company right now.
Instead of NFT they should invest big fkng money into Yoko Taro. Literally one of the best directors they work with. If his next game does not have the big budget it deserves then I will lose all hope for their decisions making
If they need more money, they should restock the pixel remaster physical collection and actually let everyone buy it.
It’s insane that the company who made some of the best games ever is struggling financially. I can’t help but think this is due to poor management/progression of their main IP’s. Withholding the FF pixel remasters from console, not doing more 2D/HD ports of their SNES masterpieces, pushing certain franchises to being cheap cash grab micro transaction games, etc. I’m not a businessman but I think profit for this company should be easy to maintain 🤷♂️
I wish nothing but the worst for companies that were/are into NFT
I want SE to succeed, but the company has lost its vision that made it so successful and loved by fans of the past.
Maybe Super Mario RPG 2 could save them
It’s like they are trying to have another kid to help repair the failing marriage
The fact that they have been holding Chrono Trigger and Super Mario RPG ransom from the most successful Nintendo console ever made just shows how out of touch they are.
There are ample opportunities for them to just print money, and they hold back what would be goldmines and then botch the releases they do put out.
They should fire the people that made forspoken.
Square is in this weird space where their recent remasters really only cater to hyper-specific niches. Like, god bless them for finally porting Chrono Cross and Tactics Ogre and Live A Live, but noone I know is buying those games. And even people that **love** that era of JRPGs, myself included, have typically purchased & played those games already multiple times.
Also doesn’t help that to casual audiences, Triangle Strategy, Diofeld Chronicle, and Tactics Ogre might as well have been the same game dropped three times over a couple months.
Maybe don’t turn all your games into Life services that ironically have a life span of one year or less.
Squeenix as a company really seems like it developed an allergy to “good decisions” over the past 20 years. Their golden age absolutely ended with the turn of the decade after the 2000s, especially after Sakaguchi left the company, with an seemingly endless parade of embarrassments thereafter.
Maybe because for the past year they’ve been talking about NFT games, random mobile battle royales no one asked for, micro-transactions and other random stuff
Ah yes…. Make your games multiplat instead of ps only
Good. Big companies like Square-Enix, Blizzard, Activision, CD Project Red need to know that their name alone no longer makes instant success. The market is ALWAYS changing. They need to as well.
They are literally making all the wrong decisions.
Like selling beloved franchises to make NFT games is extremely stupid.
As soon as I saw the new year letter from the president doubling down on this stupid idea I knew it was over.
Sure, they do hit the right thing every once in a while like with Octopath and for now FFXIV, but oh boy are they playing with fire here.