Square

Square Enix Annual Report FY2011

The 2011 fiscal year marked a period of significant financial contraction and strategic pivot for Square Enix, characterized by a 34.8% decline in net sales to ¥125.3 billion and a net loss of ¥12.0 billion.

• Square Enix reported a 34.8% decline in net sales to ¥125.3 billion and a net loss of ¥12.0 billion for fiscal year 2011, driven by poor console performance and the troubled launch of Final Fantasy XIV.
• The company initiated a strategic shift toward a 'network-centric' model, moving away from traditional physical media to prioritize smartphone, browser, and cloud-based gaming revenue streams.
• Management executed ¥13.2 billion in total write-downs and cancellations, including ¥8.8 billion in goodwill related to Taito and Eidos acquisitions and ¥4.4 billion in development project terminations.

Square Enix Holdings Financial Results Briefing: Fiscal Year Ended March 31, 2011

The Square Enix Holdings financial results briefing for the fiscal year ended March 31, 2011, outlines a period of significant transition and financial contraction.

• Square Enix reported a net loss of ¥12.0 billion for the fiscal year ended March 31, 2011, driven by a ¥8.8 billion goodwill impairment charge related to the Eidos and Taito acquisitions and ¥4.4 billion in losses from cancelled development projects.
• Consolidated net sales for the fiscal year fell to ¥125.3 billion, with operating income dropping to ¥7.3 billion, primarily due to a slump in packaged console software sales.
• The company recorded a ¥2.1 billion foreign exchange loss on currency-denominated bonds and a ¥0.6 billion disaster-related loss following the Tohoku Pacific Earthquakes and Tsunami.

Square Enix Holdings Consolidated Financial Results: Fiscal Year Ended March 31, 2011

Square Enix experienced a period of significant financial contraction during the fiscal year ending March 31, 2011.

• Square Enix reported a net loss of ¥12,043 million for the fiscal year ended March 31, 2011, a significant decline from the ¥9,509 million net income recorded in the prior year.
• Consolidated net sales fell 34.8% year-on-year to ¥125,271 million, while operating income dropped 74.1% to ¥7,325 million.
• The Digital Entertainment segment, the company's primary business, generated ¥64,204 million in net sales and ¥11,283 million in operating income, hampered by weak console game sales despite million-seller titles like 'DRAGON QUEST MONSTERS: Joker 2'.

Square Enix Holdings Nine Month Period Reference Materials: Fiscal Year Ending March 31, 2011

Square Enix Holdings experienced a significant contraction in financial performance during the nine-month period ending December 31, 2010.

• Square Enix experienced a significant financial downturn for the nine-month period ending December 31, 2010, with net sales dropping 27.5% to 98.18 billion yen compared to the same period in 2009.
• Operating income for the nine-month period fell by 12.41 billion yen, a 58% decline, resulting in an operating margin compression from 16% to 9%.
• Net income for the nine-month period plummeted to 1.82 billion yen, representing a sharp decrease from the 7.79 billion yen reported in the prior year's corresponding period.

Square Enix Holdings Consolidated Financial Results: Nine-Month Period Ended December 31, 2010

The consolidated financial results for Square Enix Holdings for the nine-month period ending December 31, 2010, reflect a period of significant contraction in both revenue and profitability.

• Square Enix experienced a sharp financial downturn for the nine-month period ending December 31, 2010, with net sales falling 27.5% to 98,183 million yen.
• Net income plummeted 76.6% to 1,821 million yen, while operating income declined 58.0% to 9,004 million yen compared to the same period in 2009.
• The Digital Entertainment segment struggled with weak console game sales, despite the release of million-seller titles such as Dragon Quest Monsters: Joker 2 and Kane & Lynch 2: Dog Days.

Square Enix Holdings Results Briefing: Six-Month Period Ended September 30, 2010

The Square Enix Holdings results briefing for the six-month period ended September 30, 2010, outlines the company’s financial performance and strategic progress during a challenging fiscal environment.

• Square Enix reported consolidated net sales of ¥68,056 million and an operating income of ¥5,712 million for the six-month period ended September 30, 2010.
• The company maintained its full-year fiscal forecast ending March 31, 2011, projecting net sales of ¥160,000 million and operating income of ¥20,000 million.
• Final Fantasy XIV underperformed at launch, prompting the company to commit to significant updates to address customer dissatisfaction and stabilize the service.

Results Briefing Session for the Six-Month Period Ended September 30, 2010: Square Enix Holdings Co., Ltd.

Square Enix Holdings Co., Ltd. reported its consolidated financial results for the six-month period ending September 30, 2010, reflecting a period of transition and strategic realignment.

• Square Enix reported a significant decline in financial performance for the six-month period ended September 30, 2010, with net sales falling to 68.06 billion yen and operating income dropping to 5.71 billion yen, compared to 90.56 billion yen and 13.09 billion yen respectively in the same period of 2009.
• The company projects a decrease in full-year net sales for the fiscal year ending March 31, 2011, forecasting 160 billion yen compared to 192.26 billion yen in the previous fiscal year.
• Unit sales for the six-month period ended September 30, 2010, totaled 8.17 million units, with major contributors including 'DRAGON QUEST MONSTERS: Joker 2' (1.28 million units) and 'Kane & Lynch 2: Dog Days' (1.12 million units).

Square Enix Holdings Consolidated Financial Results: Six-Month Period Ended September 30, 2010

The consolidated financial results for Square Enix Holdings for the six-month period ending September 30, 2010, reflect a significant downturn in performance compared to the same period in the previous fiscal year.

• Square Enix reported a significant decline in financial performance for the six-month period ended September 30, 2010, with net sales falling 24.8% to ¥68,056 million and operating income dropping 56.4% to ¥5,712 million compared to the same period in 2009.
• Net income for the first half of fiscal year 2011 was ¥1,723 million, a 35.8% decrease from the ¥2,683 million reported in the same period of the previous year.
• The Digital Entertainment segment generated ¥35,178 million in net sales and ¥6,482 million in operating income, supported by million-seller titles 'DRAGON QUEST MONSTERS: Joker 2' and 'Kane & Lynch 2: Dog Days'.

Square Enix Holdings Consolidated Financial Results: Three-Month Period Ended June 30, 2010

Square Enix Holdings reported strong financial growth for the three-month period ending June 30, 2010, marking a significant recovery compared to the same period in the previous year.

• Square Enix achieved a significant financial turnaround for the quarter ending June 30, 2010, reporting a net income of 1,812 million yen compared to a net loss of 1,672 million yen in the same period the previous year.
• Operating income surged by 814.4% year-on-year to reach 5,434 million yen, while net sales grew by 10.7% to 32,540 million yen.
• The Digital Entertainment segment served as the primary growth engine, generating 16,626 million yen in sales and 5,891 million yen in operating income, bolstered by 'DRAGON QUEST MONSTERS: Joker 2,' 'FINAL FANTASY XIII,' and 'Just Cause 2.'

Square Enix Holdings Q1 Fiscal Year Ending March 31, 2011: Reference Materials

The Square Enix Holdings financial reference materials for the first quarter of the fiscal year ending March 31, 2011, provide a strategic overview of the company’s projected performance and operational outlook.

• Square Enix projects total net sales of 160 billion yen and an operating income of 20 billion yen for the fiscal year ending March 31, 2011.
• The Digital Entertainment segment is the primary revenue driver, forecasted to generate 96 billion yen in sales with an operating margin of 24.8 percent.
• Total net sales are projected to decline from the 192.3 billion yen recorded in the previous fiscal year due to cautious market outlooks and product cycles.

DeNA Q1 FY2010 Operating Results

DeNA achieved record-breaking financial performance in the first quarter of fiscal year 2010, driven primarily by the rapid expansion of its social gaming ecosystem.

Square Enix Annual Report FY2010

Square Enix achieved record financial performance for the fiscal year ended March 31, 2010, characterized by a 41.7% increase in net sales to ¥192.3 billion and a 130% surge in operating income to ¥28.2 billion.

• Square Enix achieved record financial performance in FY2010, with net sales rising 41.7% to ¥192.3 billion and operating income surging 130% to ¥28.2 billion.
• The acquisition of Eidos Ltd. and the success of international titles like Final Fantasy XIII, Batman: Arkham Asylum, and Just Cause 2 increased overseas revenue from 16.5% to 26.6% of total sales.
• Management initiated a strategic pivot toward a 'network-centric' model, prioritizing smartphone gaming, digital platforms, and user-generated data over traditional physical media.