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With Final Fantasy 15 Coming, Square Enix Revenue and Profit Rise

With Final Fantasy 15 Coming, Square Enix Revenue and Profit Rise

Square Enix this week reported earnings for the three-month period ended June 30–and things were looking up. The Japanese publisher saw its revenue rise 21.1 percent to ¥51.2 billion, while operating income jumped by ¥13.1 percent to ¥8.95 billion for the quarter.

The company’s gaming division, Digital Entertainment, had a number of success stories. First, games for smart devices and PC continued to “show strong performance.” As for console games, Dragon Quest Heroes II “made a favorable start,” while download sales were “strong.” Additionally, back catalog game sales were also described as strong, though Square Enix didn’t share any specifics.

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Overall, Digital Entertainment revenue came in at ¥37.5 billion, rising 23.9 percent from last year. Operating income was ¥9.5 billion, which is a 15.6 percent increase year-over-year.

Square Enix also operates non-gaming divisions such as Amusement, Publication, and Merchandising. You can read Square Enix’s full earnings report here [PDF].

One of Square Enix’s next major releases is Final Fantasy XV, which comes out on September 30. After that, Rise of the Tomb Raider finally makes its way to PlayStation 4 in October.

Source: www.gamespot.com

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