Square-Enix he admitted that Final Fantasy 7 Rebirth And Final Fantasy 16 they have reached sales below expectations of the publisher, having therefore disappointed with respect to expectations, despite the successes achieved by both in terms of critics and the good impressions of the public.
Both games join Foamstars as one of the titles that failed to deliver as Square Enix had hoped: “In the HD games sub-segment, we released several new titles, including notable titles such as Final Fantasy XVI and Final Fantasy VII Rebirth, but earnings unfortunately did not meet our expectations,” Square Enix said in its recent financial results.
This segment generated net sales of 99.2 billion yen, up about 20 billion from the previous year, but also operating losses of 8.1 billion yen (about 50 million euros), increasing the decline by a further 4 billion yen compared to the previous year.
Square Enix Questions PlayStation Exclusives
In particular, the launch of Foamstars and Final Fantasy 7 Rebirth in the fourth quarter of the fiscal year did not achieve the expected results, which pushes Square Enix to review the strategy on the launch of titles of this caliber.
All three games that disappointed expectations were released as PS5 Exclusivesan element that is now being questioned by the publisher, which in its financial documents speaks of a “shift towards a multiplatform strategy”.
This is a recurring theme for the new CEO of Square Enix, Takashi Kiryu, who has previously highlighted how the strategy of exclusives has not proven to be a winning one for the publisher, pushing towards a new, more open vision for its flagship titles, with a shift towards multiplatform releases.
“In the case of HD games,” Square Enix documents read, “we will create a global environment that allows more customers to enjoy our core franchises and AAA titles, including those from our historic catalog.”
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