Square Enix Financial Report Reveals Significant Sales and Growth

Kazuma Hashimoto

Published: Feb 3, 2021 06:00 am

Square Enix released its latest financial report, which revealed a significant increase in sales and growth for the company. This report covers the period of time between April 1 to December 31, 2020. Additionally, the report mentions that strong sales for Final Fantasy VII Remake helped bolster the revenue increases for the company. [Thanks, Famitsu!]

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In regards to Square Enix’s MMORPG department, Square Enix saw sales for Final Fantasy XIV and Dragon Quest X decline. However, the profit for both titles grew due to revenue generated by their subscription based services.

Additionally, profits for the Square Enix mobile division continues to grow. Title such as War of the Visions: Final Fantasy Brave Exvius, Dragon Quest Tact, and Octopath Traveler: Conquerors of the Continent have performed well. Profits for Square Enix’s mobile titles have continued to grow on a year-on-year increase. Overall, the various game based divisions in Square Enix are performing strongly.

Unfortunately, due to the situation surrounding COVID-19 and state of emergency in Japan amusement business has seen a significant decrease in profits over this period of time. This includes Square Enix operated stores, such as the Square Enix store and cafe locations. Due to this, Square Enix’s amusement based businesses are currently struggling.

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Author

Kazuma Hashimoto

Senior staff writer, translator and streamer, Kazuma spends his time playing a variety of games ranging from farming simulators to classic CRPGs. Having spent upwards of 6 years in the industry, he has written reviews, features, guides, with work extending within the industry itself. In his spare time he speedruns games from the Resident Evil series, and raids in Final Fantasy XIV. His work, which has included in-depth features focusing on cultural analysis, has been seen on other websites such as Polygon and IGN.