Feb 5, 2019
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Square Enix Announces Weak Results due to Development Costs and Underperforming Mobile Games

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Today Square Enix posted its financial results for the first nine months of the current fiscal year, alongside the latest quarter.

As you can see in the tables below both the company as a whole and the Digital Entertainment business (which includes games) posted lower results across the board for both sales and income in the nine months between April and December.

On the other hand, if we look only at the latest quarter, sales increased year-on-year, but income decreased considerably.

Square Enix explained in the accompanying press release that those higher sales were due to recent launches of console games like Shadow of the Tomb Raider, Just Cause 4, and Octpath Traveler, but those failed to cause an equivalent increase in profits “due to greater amortization of development costs…


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