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1. • • In its latest earnings release, Square Enix reports a profit drop of -69.7% year over year, thanks in part to MMO and mobile declines, and also growing operating losses from high dev cost amortization, even if sales are up slightly.
     Reference:

     Square Enix Is Done With PlayStation Exclusivity ... - Forbes

2. People also ask

   What happened to Square Enix?

   • As a result of the merger, Enix was the surviving company and Square Co., Ltd. was dissolved. In July of that year, the Square Enix headquarters were moved to Yoyogi, Shibuya, Tokyo, to help combine the two companies.

   Square Enix - Wikipedia

   en.wikipedia.org/wiki/Square_Enix

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   Will Square Enix consolidate its business in 2023?

   • Square Enix is placing a heavy focus on the consolidation of its business in 2023, according to a newsletter from president Yosuke Matsuda.

   Square Enix Commits to Business Consolidation in 2023 as Sony Buyout

   www.pushsquare.com/news/2023/01/square-enix-commits-to-business-consolidation-in-2023-as-sony-buyout-rumours-start-again

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   When was Square Enix founded?

   • The original Square Enix Co., Ltd. was formed in April 2003 from a merger between Square and Enix, with the latter as the surviving company. Each share of Square's common stock was exchanged for 0.85 shares of Enix's common stock. At the time, 80% of Square Enix staff were made up of former Square employees.

   Square Enix - Wikipedia

   en.wikipedia.org/wiki/Square_Enix

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   Why did Square Enix lose $48 million in Q2?

   • Driven by weak sales of Marvel's Avengers, Square Enix has posted an operating loss in its HD Games segment of more than ¥5 billion, or $48 million, for the second quarter of the current financial year. This information comes from the latest release of financial results, for the six month period of April through the end of September 2020.

   Square Enix reports $48M loss following release of

   www.pcgamer.com/square-enix-reports-losses-following-release-of-underperforming-marvels-avengers/

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3. www.pushsquare.com › news › 2024Square Enix Layoffs Underway in US and Europe as Restructure ...

   www.pushsquare.com › news › 2024

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   May 15, 2024 · With the industry in a crisis and Square Enix's marquee titles Final Fantasy XVI and Final Fantasy VII Rebirth failing to meet sales expectations, the storied publisher/developer is...

4. Top Stories

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     FandomWire on MSN.com

     Square Enix’s Radical Appointment Strategy Could End Up a ‘too many cooks’ Situation

     In its latest financial report, Square Enix revealed that many changes were coming to the business strategy moving forward. One of the big changes is going to be that the company will not release any more exclusive titles on PlayStation,

     2 weeks ago

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     Gameranx

     Former Square Enix Exec Explains The Video Game Industry’s Dilemma, Through FF XVI

     6 days ago

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     GamesIndustry

     Square Enix shutting down two Dragon Quest mobile games

     2 days ago

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     Push Square

     Square Enix Bestows New Name on Creative Business Unit 3

     2 weeks ago

   • Evening Standard on MSN.com

     Final Fantasy games set to arrive on Switch and Xbox as Square Enix drops PlayStation exclusivity

     2 weeks ago

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5. www.gematsu.com › 2024 › 05Square Enix announces new medium-term business plan - “Square ...

   www.gematsu.com › 2024 › 05

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   May 13, 2024 · Square Enix has announced the establishment of a new medium-term business plan covering the fiscal year ending March 31, 2025 through the fiscal year ending March 31, 2027, which it calls...

6. www.gameinformer.com › news › 2024/05/13Square Enix Will Begin Layoffs As Part Of 'Structural Reforms ...

   www.gameinformer.com › news › 2024/05/13

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   May 13, 2024 · Square Enix, the developer-publisher behind this year's Final Fantasy VII Rebirth, is set to lay off an unspecified number of employees across its U.S. and European offices, which are headquartered in California and the United Kingdom, respectively, this week.

7. Videos

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     What HAPPENED to Square Enix...

     Mar 5, 2023

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     50:06

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     Square Enix Before the Merger - A history of Squaresoft, Enix, Dragon Quest and Final Fantasy

     Nov 3, 2018

     131.9K Views

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     0:44

     kotaku.com

     Square Enix Is Still Making That NFT Game, In 2023

     Mar 14, 2023

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8. www.pcgamer.com › gaming-industry › square-enix-isSquare Enix is laying off employees in the US and Europe

   www.pcgamer.com › gaming-industry › square-enix-is

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   May 13, 2024 · Square Enix is set to become the latest game company to put employees out of work, as the company has confirmed it will soon be imposing layoffs at its US and EU offices.

9. www.ign.com › articles › square-enix-bracing-forSquare Enix Preparing for Layoffs in U.S. and Europe Amid ...

   www.ign.com › articles › square-enix-bracing-for

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   May 13, 2024 · Square Enix recently absorbed a $140 million "content abandonment" loss due to canceling multiple unannounced projects, and has reportedly elevated a new group of creators, according to...

10. www.hd.square-enix.com › eng › newsReorganization within the SQUARE ENIX GROUP

    www.hd.square-enix.com › eng › news

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    Feb 28, 2023 · Reorganization within the SQUARE ENIX GROUP. Tokyo, Japan (February 28, 2023) - SQUARE ENIX HOLDINGS CO., LTD. (headquartered in Shinjuku, Tokyo; President and Representative Director Yosuke Matsuda; hereinafter the “Company”) announces that it will merge its wholly owned subsidiary Luminous Productions Co., Ltd. into its wholly owned ...