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SQUARE ENIX RELEASE THEIR FINANCIAL RESULT BRIEFING

The Square Enix Group publishes magazines, comics, and game-related books including game strategy books. The Group also delivers digital comics, illustrations and light novels through a web magazine and mobile app. Animations and live action drama for TV and film as well as stage plays based on the comics also support the Group's comic book business. This month Square release publish their new financial result briefing. This documents concerning Square Enix’s financial results from the first three quarters of 2022’s financial year (March 2021 to December 2021).

On the report, Guardians Of The Galaxy didn't meet initial sales expectations; recent sales initiatives are helping though said SQUARE enix to media.

It's different case for their rooster game, FFXIV which has experienced "substantial growth". It's an unsurprising statement from a publisher for whom "undershot expectations" appears to have become its motto. Last year, Square Enix called sales of Marvel's Avengers "disappointing", following a lukewarm reception to its attempt at a live-service superhero action game. In 2018, both Just Cause 4 and Shadow of the Tomb Raider got the a look of disapproval, with Matsuda saying Tomb Raider "got off to a weak start", despite selling 4.12 million units as of February 2019, and the game's own developers expressing their happiness with the game's performance. 

Despite the "under performed sales" Guardians of the Galaxy’s actually has amazing script. It is, by most accounts, a tremendously well-written game, even nabbing the “best narrative” trophy at the 2021 Game Awards. Square Enix noted GotG’s wave of critical praise in the financial report, writing, “despite strong reviews, the game’s sales on launch undershot our initial expectations.

Meanwhile, Squeare enix also plan to release multiple new titles for Q4. Also, Square Enix is releasing 4 games in March, all in close release to one another.


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