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Square Enix Expects 22.1 Billion Yen Loss

Square Enix Expects 22.1 Billion Yen Loss

Square Enix has projected a notable loss of 22.1 billion yen for the fiscal year concluding in March 2024, primarily due to content write-offs, as communicated in their recent statement. The company’s Board of Directors has decided to adjust their approach to developing high-definition (HD) games by focusing more selectively on the allocation of development resources. This shift in strategy is attributed to the anticipated financial setbacks.

 

 

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Mubarak

I'm Mubarak AlSabah, born in '87, and I'm a big fan of retro games. I’ve been gaming since '93, so it's been a lifelong passion for me. Collecting retro games is my favorite hobby, and I have a great collection that takes you back in time. In addition to gaming, I also have 830+ premium domain names, which is another hobby that I love just as much. I started collecting domains in '97, combining my interest in the digital world with my love for nostalgic gaming.

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