Square Enix Spin Up New Internal Studio

Square Enix have this week announced the creation of a new internal studio for games development in Tokyo. Called "Luminous Productions" in a likely nod to the Luminous Engine used to power Final Fantasy XV, the new studio will be run by Square Enix Chief Operating Officer Hajime Tabata and will be a wholly-owned subsidiary of the mothership. Based on the press release, the new studio will be focused on AAA-tier games, with the implication that the studio will be targeted towards new intellectual properties.

That said, the seed of the studio appears to be the "creative team behind Final Fantasy XV," so there remains the possibility that this studio may be tasked with future Final Fantasy games; they're certainly looking for fresh blood as well, as they have nearly thirty job listings on their new website. All that information makes it impossible to predict what sorts of projects they may undertake until a planned announcement later this year, but current evidence certainly seems to say they're looking for home runs.

Source: Gematsu