[ x ] Enjoy HD Destructoid free this week! more info
[ x ] unlock all of destructoid
 
 

Square Enix is no longer bleeding money

0

In fact, it's making more money than Chocolina

Square Enix is doing much better than it was exactly one year ago. That makes one of us.

In the first three quarters of the company's 2014 fiscal year (the last nine months of 2013) it boasted net sales of 102.47 billion yen ($1.01 billion), according to its earnings report. This is actually a 0.3 percent dip for the same time last fiscal year, things are going much better.

The operating income of 7.82 billion yen ($77.23 million) and a net income of 5.18 billion yen ($51.15 million) in this recent report are a dramatic turn around from the previous operating loss of 4.85 billion yen ($47.84M)  and a net loss of 5.75 billion yen ($56.72M). That's a $100M swing in net income in one year. And Lightning Returns isn't even out (outside of Japan) yet.

Similar to how it blamed the console market last year, Square attributed the good numbers to the console market, as well as the much more positively received reboot of Final Fantasy XIV. Now announce Final Fantasy XII HD already. Geez.

Square Enix returning to profitability in 2014 fiscal year [Polygon]

 

Enlighten an uninformed cougar: FacebookTwitterRedditEmail
 

#Final Fantasy #Industry Bull #Money #News #Square Enix
 
 
 
 


Steven HansenFeatures Editor // Profile & Disclosures
Fronts3156Posts55Blogs 7Following22Followers103

Steven watches anime & sports, buys meat out of trucks, dates a Muppet, and is only good at cooking. He stands before you bereft of solace and well on the road to perdition. ('^ω^) more
 
 


Join the robot army! We're a family-owned site, updating multiple times a day (since 2006!) thanks to our Huge Members

Stonecrab
Stonecrab


Since 9:49 PM on 09.24.2013

EtosiGiR
EtosiGiR


Since 4:48 PM on 07.06.2010

SpielerDad
SpielerDad


Since 5:24 PM on 02.08.2013

SoulDeLa
SoulDeLa


Since 9:09 PM on 02.16.2012

 

Please login (or) make a quick account (free)
to view and post comments.





Three day old threads are only visible to verified humans - this helps our small community management team stay on top of spam

Sorry for the extra step!