Square Enix President Still Believes Blockchain Is The Future Despite Crypto Crash

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2022’s big crypto crash and the subsequent demise of several blockchain and NFT games apparently isn’t enough to deter Square Enix President Yosuke Matsuda’s ambitions to break into the blockchain market. In his New Year’s Letter from the President, Matsuda asserts that blockchain technology is the future of games and that it remains an untapped market. He also insists that [...]

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Square Enix Profits Surges 22% Year over Year, Final Fantasy XIV Reports "Sharp Rise In The Number of Monthly Paying Subscribers"

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Square Enix reported their latest quarterly earnings report last night for the 4th quarter of 2021 with profits up 22% year over year thanks partly due to the successful launch of Final Fantasy XIV: Endwalker, the latest expansion for the critically acclaimed MMORPG. Besides strong sales of the expansion, the game had a "Sharp Rise In The Number of Monthly [...]

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Square Enix Stock Soars 7% On NFT Plans Despite Massive Backlash Online

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Square Enix received a tremendous amount of backlash on Twitter and other social media platforms over the weekend after releasing a letter from the company's president discussing future plans to embrace NFTs. Some folks, namely blockchain enthusiasts, were happy to hear this, but the response by most gamers were universally negative. Despite this though, investors cheered the move by sending [...]

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Square Enix Net Sales Up By 1.8% As Income And Profits Sees Significant Decrease

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Square Enix has just released their Q2 2021 financial results for the period of April 1, 2021 - June 30, 2021, which shows a 1.8% year-over-year increase in net sales amounting to ¥88.6 million, or roughly $807 million. The slight growth is attributed to the reopening of amusement facilities after last year’s COVID-19 lockdown, mobile sales, and an increase in [...]

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Rumors Say Square Enix Will Be Announcing A New Final Fantasy Game At E3 2021

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With E3 2021 fast approaching, rumors have been springing up over the weekend about possible announcements and reveals that will be happening during and in the days leading up to digital convention. One particular rumor circulating on Reddit and Resetera claims that Square Enix will be announcing a new Final Fantasy spinoff during the tradeshow. According to the rumor, Square [...]

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Square Enix Denies Acquisition Rumors Spreading Through The Internet

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Rumors that Square Enix was being bought out spread like wildfire across the internet a few days ago following a Bloomberg report that several firms were looking to acquire the Japanese company. The rumors have turned out to be untrue as Square Enix confirmed in their official statement regarding the matter. According to GamesIndustry.biz, Square Enix denied any announcement of [...]

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