Square Enix sales almost flat through first nine months of fiscal year

The publisher's HD Games segment saw a 15% revenue increase as it launched multiple titles during the period

News by Jeffrey Rousseau Staff Writer

Published on Feb. 5, 2024

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Final Fantasy maker Square Enix released its financial earnings for the nine months that ended on December 31, 2023.

Here's what you need to know for the nine months:

Net sales: ¥257.6 billion ($1.7 billion), up 1% year-on-year
Profit: ¥26.8 billion ($180 million), down 42% year-on-year
Digital Entertainment net sales: ¥179.6 billion ($1.2 billion), down 2.5% year-on-year

The HD Games subsection generated ¥66.8 billion ($449 million) in net sales, an increase of 15% compared to last year.

The division saw various games released during the nine-month period.

Square Enix's HD title launches include:

Mobile/PC Browser games amassed ¥78 billion ($524 million), a decrease of 9% year-over-year.

Square Enix has highlighted a slate of 16 major titles for the segment.

However, it notes, "New titles were unable to offset weak performances from existing titles."

During the period, MMOs made ¥34.8 billion ($234 million) in revenue, representing a decrease of 14% year-over-year.

Its two operating titles, Final Fantasy XIV and Dragon Quest X plan to have new expansion packs for 2024.

Additionally, the publisher's earnings revealed that it sold 18.51 million copies of downloaded and packaged games during the nine months.

Downloaded games comprised 14.32 million units, whereas disc-based titles sold 4.19 million units.

Square Enix notes that it launched its newest title, Foamstars is set to launch on February 6.

Meanwhile, the next installment of the Final Fantasy 7 remake, Final Fantasy 7 Rebirth, is set to release on February 29.

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