Square Enix Pulls the Plug on Two Long-Running Mobile RPGs in Japan (Brave Exvius and Dragon Quest of the Stars)

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After nearly a decade on Japanese smartphones, Final Fantasy Brave Exvius and Dragon Quest of the Stars are headed for retirement. Square Enix confirmed that both free-to-play role-playing games will go offline at noon JST on Friday, October 31, just shy of their tenth anniversaries. The publisher has already halted in-app purchases and issued the standard apology to fans who [...]

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Tencent & Square Enix Unveil Final Fantasy XIV Mobile, Will Be Available Globally

Square Enix and Lightspeed Studios (Tencent) have announced Final Fantasy XIV Mobile, a new adaptation of the popular MMORPG, bringing the world of Eorzea to mobile devices. This mobile version aims to offer a faithful recreation of the original game’s story, mechanics, and immersive features while making the experience accessible to a broader audience. The game will first launch in [...]

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Square Enix Admits Big Final Fantasy Titles Underperformed in Q1 2024

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It’s been a tough fiscal quarter for Square Enix, and even the mighty Final Fantasy franchise couldn’t save the day. In a recently published financial report courtesy of Eurogamer, Square Enix president Takashi Kiryu confirmed that Final Fantasy 7 Rebirth and Final Fantasy 16 both fell short of sales expectations for May 2024. “We released multiple new titles, including major [...]

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Square Enix Reports Full Year Earnings, MMO Revenue Down 11% Year over Year

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Square Enix released its full-year earnings report for the period from March 31, 2023, to March 31, 2024, revealing a notable decline in MMO revenues, which were down ~11% year over year. MMO Business Performance: Revenue Decline: MMO revenues, encompassing "Final Fantasy XIV" and "Dragon Quest X," dropped by approximately 11% in Japanese Yen terms. The vast majority of MMO [...]

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Square Enix Warns Investors To Brace For $140 Million In Losses From Canceled Games

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Square Enix is still crunching the numbers for its Q1 2024 financial report but it’s already giving investors fair warning that bad news is on the way. The studio revealed in a memo to investors earlier this week that they’re expecting “extraordinary losses” to the tune of $140 million following the cancellation of multiple games in its portfolio. The cancellations [...]

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Square Enix Reports CY Q2 2023 Earnings - MMO Revenue Drops 22% While Profit Tanks 65%

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Square Enix reported their calender year Q2 2023 (April-June) earnings report today and in it there were some disappointing figures. While total revenue increase 14.4% year over year (thanks to 8 days of Final Fantasy XVI revenue contribution), profits collapsed 65%. The company attributed the weak profits partially to increased amoritzation of FF16 development costs. The MMO and mobile game [...]

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Square Enix Revenues Drop Over The Past Year As The Studio Dives Deeper Into Blockchain

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Square Enix has released its 2022-2023 fiscal year report and the results aren’t great for the company’s primary gaming divisions. With total net revenues down by 6%, profit dipping by 3%, and a 13% drop in overall digital entertainment revenue, the report points out that disappointing sales of new HD games, underperformance of new mobile games, and the lack of [...]

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Square Enix Goes Full Steam Ahead On Its NFT Game ‘Symbiogenesis’, Official Website Now Live

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You’d probably think that Square Enix would have given up on its plans to dabble in blockchain gaming, but it’s still moving forward with its plans to launch an NFT game called Symbiogenesis. The game’s website has just gone live with more information about the upcoming blockchain title that’s being billed as “narrative-unlocked NFT entertainment.” The website talks up the [...]

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