Enix
Company
Documents about Enix
Square Enix Consolidated Financial Report for the Nine Months Period Ended December 31, 2007
The consolidated financial report for Square Enix for the nine-month period ending December 31, 2007, outlines the company’s performance under Japanese GAAP.
- Square Enix reported net sales of 114.29 billion yen for the nine months ending December 31, 2007, marking a 7.1% decline compared to the same period in the previous fiscal year.
- Operating income fell by 8.9% to 17.91 billion yen, while net income remained stagnant at 9.09 billion yen.
- Revenue is heavily concentrated in the Japanese market, which generated 100.48 billion yen in sales, while international markets in North America, Europe, and Asia experienced a contraction in revenue.
Square Enix FY2007 First-Half Period Results Briefing
The Square Enix fiscal year 2007 first-half results briefing, held on November 19, 2007, details the company’s financial performance for the period ending September 30, 2007.
- Square Enix reported consolidated net sales of ¥72.2 billion, operating income of ¥9.7 billion, and net income of ¥4.3 billion for the first half of fiscal year 2007 ending September 30, 2007.
- The Amusement segment stabilized due to the strong performance of the 'Dragon Quest Monster Battleroad' kids card game, which drove significant daily revenue per unit.
- The Games (Offline) segment saw a year-on-year decline, prompting management to identify an over-reliance on handheld software and a need to pivot development toward next-generation platforms.
Revision of Consolidated Financial Results for the First-Half Period Ended September 30, 2007
Square Enix Co., Ltd. issued a revision to its consolidated financial results for the first-half period ending September 30, 2007, following an adjustment in accounting related to its subsidiary, Taito Corporation.
- Square Enix revised its first-half fiscal 2007 net income upward by ¥813 million due to a decrease in the allowance for Taito Corporation's arcade closings.
- Net income for the first half of fiscal 2007 reached ¥5,211 million, marking a significant 57.0% increase compared to the same period in the previous year.
- Operating income rose to ¥9,752 million, a 6.4% increase over the prior year, despite a 4.9% decline in net sales to ¥72,271 million.
Square Enix Revision of Briefing Session Material: First-Half Period Ended September 30, 2007
Square Enix issued a formal revision to its financial briefing materials for the first half of the fiscal year ending September 30, 2007, to reflect a material change in consolidated earnings.
- Square Enix revised its consolidated financial results for the first half of the fiscal year ending September 30, 2007, to account for finalized terms regarding Taito Corporation’s arcade facility closures.
- The revision resulted in an ¥813 million increase in net income for the six-month period.
- The profit increase was driven by an ¥813 million reduction in the Allowance for Game Arcade Closings following a post-announcement contractual agreement.
Square Enix FY2007 First-Half Financial Results
The Square Enix financial results for the first half of fiscal year 2007, ending September 30, 2007, provide a comprehensive overview of the company’s performance across its diverse business segments, including offline and online gaming, mobile content, publishing, and amusement operations.
- Square Enix reported 72.27 billion yen in net sales and 9.75 billion yen in operating income for the first half of fiscal year 2007 ending September 30, 2007.
- Full fiscal year 2007 projections estimate total net sales of 162.5 billion yen and an operating income of 21 billion yen.
- The amusement segment served as a primary growth driver, fueled by the July 2007 launch of the Dragon Quest Monster Battleroad arcade game, which reached 3,500 units installed and 31.7 million cards shipped by September 2007.
Square Enix Consolidated Financial Report: Three Months Ended June 30, 2007
The consolidated financial report for Square Enix for the three-month period ending June 30, 2007, outlines the company’s performance across its diverse business segments, including offline and online gaming, mobile content, publishing, and amusement operations.
- Square Enix reported a 208.3% increase in net income to 2.7 billion yen for the quarter ending June 30, 2007, despite a 9.3% decline in net sales to 33.7 billion yen.
- Operating income rose by 59.5% to 4.3 billion yen, driven by successful efforts to reduce the cost of sales and general administrative expenses.
- The offline games division served as the primary growth driver for the quarter, while the online games segment experienced a contraction in sales.
Square Enix Annual Report FY2007
Square Enix achieved a significant financial milestone during the fiscal year ended March 31, 2007, reporting a 31.3% increase in net sales to ¥163.5 billion and a 67.5% surge in operating income.
- Square Enix reported a 31.3% increase in net sales to ¥163.5 billion and a 67.5% surge in operating income for FY2007, largely driven by the consolidation of Taito Corporation and the success of Final Fantasy XII.
- Net income declined 32% to ¥11.6 billion due to over ¥11 billion in extraordinary losses incurred from restructuring the amusement segment, which included closing unprofitable arcades and divesting Taito’s karaoke business.
- The company is shifting its business model toward persistent network services and mobile platforms, evidenced by a 315% growth in mobile segment operating income.
Square Enix FY2006 Results Briefing
Square Enix’s fiscal year 2006 results, ending March 31, 2007, reflect a period of successful operational restructuring and strong international performance.
- Square Enix achieved record post-merger recurring income of ¥26,241 million for the fiscal year ending March 31, 2007, on consolidated net sales of ¥163,472 million.
- Operating income for the fiscal year ending March 31, 2008, is projected at ¥21 billion, with a long-term recurring income target set at ¥50 billion.
- Financial stability is supported by a strong balance sheet containing ¥99,852 million in cash and deposits, which the company plans to reinvest into business restructuring.
Square Enix Consolidated Financial Results: Fiscal Year Ended March 31, 2007
The Square Enix consolidated financial results for the fiscal year ended March 31, 2007, demonstrate significant growth in net sales and operating profitability compared to the previous fiscal year.
- Square Enix achieved strong core growth in the fiscal year ending March 31, 2007, with net sales rising 31.3% to 163,472 million yen and operating income increasing 67.5% to 25,916 million yen.
- Net income declined 32.0% to 11,619 million yen, primarily due to extraordinary losses related to business restructuring and goodwill amortization.
- The amusement segment, led by the Taito group, generated the highest revenue at 75,610 million yen but recorded an operating loss, while the offline games segment remained highly profitable with 16,348 million yen in operating income.
Square Enix FY2006 Results Briefing Session
The Square Enix fiscal year 2006 results briefing, presented in May 2007, outlines the company’s financial performance for the period ending March 31, 2007, and establishes forward-looking projections for fiscal year 2007.
- Square Enix reported total net sales of 163.47 billion yen and an operating income of 25.92 billion yen for the fiscal year ending March 31, 2007.
- Management projects a slight decline in performance for fiscal year 2007, forecasting net sales of 162.5 billion yen and an operating income of 21 billion yen.
- The company has established a long-term strategic goal to achieve 50 billion yen in recurring income across its core business divisions.
Square Enix FY2006 Nine-Month Period Results Briefing Session
Square Enix reported steady performance across its business segments for the nine-month period ending December 31, 2006.
- Square Enix raised its full-year fiscal 2006 net sales forecast from 150 billion yen to 160 billion yen, with operating and recurring income projections increasing from 19 billion yen to 22 billion yen.
- The company is restructuring its Taito Corporation subsidiary by divesting from unprofitable ventures like commercial karaoke and closing approximately 20% of its game arcades to reduce fixed real estate costs.
- Square Enix is experiencing a temporary lull in offline console game development as it transitions to new development systems and common engines for next-generation platforms.
Square Enix Consolidated Financial Report: Nine-Month Period Ended December 31, 2006
Square Enix experienced significant financial growth during the nine-month period ending December 31, 2006, driven primarily by a robust release schedule of major console titles.
- Square Enix reported significant financial growth for the nine-month period ending December 31, 2006, with net sales rising 78.3% to ¥123,035 million and operating income increasing 210.3% to ¥19,656 million.
- The Games (Offline) segment was the primary growth driver, achieving a 90.1% increase in sales to ¥40,298 million behind the successful releases of Final Fantasy XII, Kingdom Hearts II, and Final Fantasy III.
- The Amusement segment, including the Taito Group, generated ¥56,369 million in sales but recorded an operating loss of ¥754 million, leading to structural restructuring and the divestment of the commercial karaoke business.