CoN 20th Anniversary: 1997-2017
Square Enix Publish Financials for 2016-17 Fiscal Year

Posted: 11th May 2017 20:38

Group Icon
Totes Adorbs
Posts: 8,650

Joined: 31/7/1997

Awards:
Celebrated the CoN 20th Anniversary at the forums. Vital involvement in the Final Fantasy IX section of CoN. First place in the CoN Euro Cup soccer competition, 2016. Voted for all the fanart in the CoNvent Calendar 2015. 
Voted for all the fanart in the CoNvent Calendar 2014. Third place in the CoN World Cup fantasy game for 2014. User has rated 150 fanarts in the CoN galleries. Third place in CoNCAA, 2014. 
See More (Total 27)
Maybe this is why Squenix are willing to part with their Hitman developer at significant cost. With the fiscal year just ended on March 31, today Square Enix published their numbers for the year that was, and it was a good one.

On the backs of some big releases you might have heard of, like Rise of the Tomb Raider, Deus Ex: Mankind Divided, and I guess Final Fantasy XV, the company did pretty well last year. The company's top-line revenue was up over $360 million from the year before, while the bottom line was up by $45 million from the year before.

Revenue was up year-over-year again for mobile titles, continuing a trend going back to 2013. Arcade performance (in Japan, of course!) was fairly steady, and merchandise sales have now steadily risen to double what they were in 2013.

Source: Siliconera
Post #212653
Top
Posted: 14th May 2017 22:39

*
SOLDIER
Posts: 781

Joined: 12/7/2011

Awards:
Celebrated the CoN 20th Anniversary at the forums. Member of more than five years. User has rated 25 fanarts in the CoN galleries. 
I thought all the remakes and mobile games and hype were going to destroy SE, or something biggrin.gif I'm being a shameless smartmouth of course because my naysaying has been as irate as anyone's from time to time

Cheers to them, hope they go get a bottle of wine to celebrate biggrin.gif Then keep making games that rule face

--------------------
Alfador only likes me.
Post #212659
Top
Posted: 3rd August 2017 16:57

*
Omega Weapon
Posts: 4,977

Joined: 31/10/2003

Awards:
Celebrated the CoN 20th Anniversary at the forums. Voted for all the fanart in the CoNvent Calendar 2015. Voted for all the fanart in the CoNvent Calendar 2014. User has rated 75 fanarts in the CoN galleries. 
Member of more than ten years. Contributed to the Final Fantasy VI section of CoN. User has rated 25 fanarts in the CoN galleries. Member of more than five years. 
To be fair, as a sufficiently large organization, they DO have the ability to walk and chew gum at the same time. It's just a question of whether they do it.

--------------------
It Just Bugs Me! - a place to discuss media, real life, and other topics.

my Backloggery
Post #213096
Top
Posted: 3rd August 2017 17:21

Group Icon
Totes Adorbs
Posts: 8,650

Joined: 31/7/1997

Awards:
Celebrated the CoN 20th Anniversary at the forums. Vital involvement in the Final Fantasy IX section of CoN. First place in the CoN Euro Cup soccer competition, 2016. Voted for all the fanart in the CoNvent Calendar 2015. 
Voted for all the fanart in the CoNvent Calendar 2014. Third place in the CoN World Cup fantasy game for 2014. User has rated 150 fanarts in the CoN galleries. Third place in CoNCAA, 2014. 
See More (Total 27)
Quote (Glenn Magus Harvey @ 3rd August 2017 10:57)
To be fair, as a sufficiently large organization, they DO have the ability to walk and chew gum at the same time. It's just a question of whether they do it.

That's a good way of putting it, I like it. I think the proof is in the numbers - there are so many folks out there who talk about how the company is failing because the games coming out aren't what each individual likes or wants, but these numbers don't lie. Well, unless they do, but that would be a whole other can of worms, followed by scandal and seppuku. This sort of financial health doesn't come from making things that customers (in an aggregate sense) don't like, right?

--------------------
"To create something great, you need the means to make a lot of really bad crap." - Kevin Kelly

Why aren't you shopping AmaCoN?
Post #213097
Top
Posted: 4th August 2017 20:44

*
SOLDIER
Posts: 781

Joined: 12/7/2011

Awards:
Celebrated the CoN 20th Anniversary at the forums. Member of more than five years. User has rated 25 fanarts in the CoN galleries. 
That always has been what attracted us as gamers to Square. Their games aren't brainless and neither are they. Music (my industry) is rough enough, but the more I learn about the games industry, the more I think I dodged a bullet by not getting into game design. It's quite a rough business with the most fickle fanbase in existence.

SE are doing what they do best, making games that make money and provide enjoyment...fans who are in love with their games can let their passions get away with them, but the cold logic of it is that SE really are pretty good at pleasing everyone, and like you said, Ranger, numbers don't lie.

--------------------
Alfador only likes me.
Post #213131
Top
0 User(s) are reading this topic (0 Guests and 0 Anonymous Users)
0 Members: