Square Enix – Financials Exceed Expectation

Square Enix has released its six-month financial report, revising the year-end projection due to exceeding performance of Final Fantasy 14: A Realm Reborn sales.

The company’s original projection for the full financial year were initially set between ¥59 billion ($598 million) and ¥63 billion. Square Enix has now revised its full-year projection to ¥61.7 billion ($626 million).

The revision comes as a direct result to Final Fantasy 14′s relaunch exceeding initial expectations as well as strong arcade performance in Japan.

In addition, Square Enix had posted an expected operating loss of ¥2 billion ($20 million), but this number has changed. The company is now expected to bring in an operating profit of ¥4.7 billion ($48 million).

Finally, Square’s net income projection was revised and narrowed from anywhere between a flat performance and a ¥1.3 billion ($13 million) loss to a ¥2.6 billion profit ($26 million).

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Gaming Cypher

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