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FY 2023 Presentation Material
CyberAgent achieved record consolidated sales of 720.2 billion yen in fiscal year 2023, marking twenty-six consecutive years of growth despite a 64.5% decline in operating profit to 24.5 billion yen.
- CyberAgent achieved record consolidated sales of 720.2 billion yen in FY 2023, though operating profit fell 64.5% to 24.5 billion yen due to the performance decline of the major title Uma Musume Pretty Derby.
- The gaming segment experienced a 21.6% drop in sales and a 62.5% decrease in profit, though Q4 revenue recovered by 25.4% sequentially following the launch of Final Fantasy VII Ever Crisis.
- ABEMA reached 18.8 million weekly active users with 25.9% year-over-year growth, supported by a 30% increase in transaction volumes from the WINTICKET business.
Square Enix Holdings Financial Results Briefing: Q1 FY2024/3
Square Enix Holdings reported mixed financial results for the first quarter of the fiscal year ending March 31, 2024.
- Square Enix reported Q1 FY2024/3 net sales of ¥85.6 billion, a year-over-year increase of ¥10.8 billion, but operating income fell by ¥11.4 billion to ¥3.0 billion.
- Profit attributable to owners of the parent dropped by ¥12.0 billion to ¥6.3 billion, primarily due to high upfront development and marketing costs for major titles.
- The Digital Entertainment segment generated ¥62.3 billion in net sales, driven by Final Fantasy XVI and the Final Fantasy Pixel Remaster series, though profitability was impacted by amortization and advertising expenses.
Square Enix Holdings Financial Results: Three-Month Period Ended June 30, 2023
Square Enix Holdings reported its financial results for the first quarter of the fiscal year ending March 31, 2024, reflecting a period of increased net sales but decreased operating and net income compared to the same period in the previous year.
- Square Enix reported a significant decline in Q1 FY2024/3 operating income to 3.0 billion yen, a 11.4 billion yen decrease year-over-year, despite a 10.8 billion yen increase in net sales to 85.6 billion yen.
- The Digital Entertainment segment saw net sales rise to 62.3 billion yen due to the launch of 'FINAL FANTASY XVI', but operating income for the segment plummeted by 11.4 billion yen, largely due to the amortization of development costs.
- Total unit sales for HD and MMO games reached 7.54 million units in Q1 FY2024/3, nearly doubling the 4.28 million units sold in the same period of the previous fiscal year.
3Q FY2023 Presentation Material
The third quarter of fiscal year 2023 represents a transitional period characterized by a significant contraction in profitability despite stable consolidated sales of 171.7 billion yen.
- The Game business shifted to an operating loss with a 27% year-over-year sales decline, leading to a downward revision of the full-year operating profit forecast to 25 billion yen.
- The Internet Advertisement segment achieved record quarterly sales exceeding 100 billion yen, providing a stable financial offset to the volatility in the gaming division.
- The Media segment, anchored by ABEMA, narrowed operating losses as sales grew 13.1% and weekly active users surpassed 20 million.
2Q FY2023 Presentation Material: January to March 2023
CyberAgent achieved record-high quarterly consolidated sales of 195.6 billion yen during the second quarter of fiscal year 2023, representing a period of significant operational recovery and strategic growth.
- CyberAgent achieved record-high consolidated quarterly sales of 195.6 billion yen for 2Q FY2023.
- The Game business saw a 191.7% quarter-on-quarter profit surge, driven by anniversary events for flagship titles like Uma Musume Pretty Derby and Granblue Fantasy.
- The Media segment, led by ABEMA, increased revenue by 22.4% year-over-year to 33.4 billion yen while narrowing operating losses to 0.5 billion yen.
Square Enix Annual Report 2023
Square Enix’s 2023 fiscal year, ending March 31, 2023, marks a period of significant structural transformation and strategic pivot under the leadership of new President Takashi Kiryu.
- Square Enix divested its Western studios, including Crystal Dynamics and Eidos Interactive, to Embracer Group for a ¥9.5 billion gain to fund internal development and emerging technologies like AI and blockchain.
- Fiscal year 2023 financial performance saw net sales decline 6.0% to ¥343.3 billion and operating income drop 25.2% to ¥44.3 billion, primarily due to underperforming new titles and a lack of expansion packs for Final Fantasy XIV.
- The company maintains a strong balance sheet with an equity ratio of 79.1% and cash reserves of ¥190.9 billion, providing a buffer for its strategic pivot.
Square Enix Holdings Financial Results: Six-Month Period Ended September 30, 2022
Square Enix Holdings reported financial results for the first half of the fiscal year ending March 31, 2023, reflecting a period of structural transition and portfolio realignment.
- Square Enix reported net sales of ¥163.3 billion and operating income of ¥26.0 billion for the six-month period ending September 30, 2022, both reflecting year-over-year declines.
- Profit attributable to owners of the parent rose to ¥39.4 billion, driven primarily by foreign exchange gains and the divestiture of overseas studios and intellectual property.
- The Digital Entertainment segment faced headwinds as the HD Games sub-segment underperformed compared to the previous year, despite growth in Final Fantasy XIV MMO subscriptions.
Financial Results for the First Half of the Fiscal Year Ending March 2022
Koei Tecmo achieved record-breaking financial performance during the first half of the fiscal year ending March 2022, characterized by a 60.8% increase in sales to ¥37.2 billion and a 94.4% surge in operating profit to ¥16.4 billion.
- Koei Tecmo reported record H1 fiscal 2022 results with sales rising 60.8% to ¥37.2 billion and operating profit surging 94.4% to ¥16.4 billion.
- Growth was primarily driven by the Entertainment segment, where smartphone and social game revenue nearly doubled, led by titles like Romance of the Three Kingdoms Ha-do and Three Kingdoms Tactics.
- Despite strong H1 performance, the company maintained a conservative full-year sales forecast of ¥65 billion, citing potential stabilization of pandemic-driven demand and global economic volatility.
Square Enix Holdings Financial Results Briefing: Q1 FY2023/3
Square Enix Holdings reported financial results for the first quarter of the fiscal year ending March 31, 2023, reflecting a period of transition and strategic realignment.
- Square Enix reported Q1 FY2023/3 net sales of ¥74.8 billion and operating income of ¥14.4 billion, reflecting year-over-year declines of ¥13.8 billion and ¥2.9 billion, respectively.
- Profit attributable to owners of the parent rose to ¥18.3 billion for the quarter, primarily driven by foreign exchange gains despite the decline in operating income.
- The Digital Entertainment segment experienced mixed results, with a decline in HD Games due to a lighter release schedule offset by growth in the MMO sub-segment fueled by Final Fantasy XIV subscribers.
Square Enix Holdings Consolidated Financial Results: Three-Month Period Ended June 30, 2022
Square Enix Holdings’ consolidated financial results for the three-month period ending June 30, 2022, reflect a period of operational transition and shifting segment performance.
- Square Enix reported a 15.5% year-on-year decline in net sales to ¥74,876 million and a 16.7% drop in operating income to ¥14,430 million for the three-month period ended June 30, 2022.
- Despite lower operating income, profit attributable to owners of the parent rose 45.0% to ¥18,355 million, largely driven by a significant foreign exchange gain of ¥13,055 million due to the weakening yen.
- The Digital Entertainment segment saw mixed results: HD game sales declined due to a lack of major new releases compared to the prior year, while MMO game sales grew thanks to an increased number of monthly paying subscribers for Final Fantasy XIV.
Square Enix Holdings Financial Results Briefing: FY2022/3
Square Enix Holdings reported strong financial performance for the fiscal year ended March 31, 2022, achieving record-high net sales and operating income.
- Square Enix achieved record-high financial results for FY2022/3, reporting net sales of ¥365.2 billion and operating income of ¥59.2 billion, representing year-over-year increases of ¥32.7 billion and ¥12 billion, respectively.
- Growth was primarily driven by the Digital Entertainment segment, specifically strong subscriber growth and expansion content for the MMO title Final Fantasy XIV.
- The company sold its Tomb Raider and Deus Ex franchises and select overseas studios to Embracer Group for $300 million to focus capital on core development and new intellectual property.
Square Enix Holdings Financial Results: Fiscal Year Ended March 31, 2022
Square Enix Holdings reported record-breaking financial results for the fiscal year ended March 31, 2022, characterized by growth across all primary business segments.
- Square Enix reported consolidated net sales of 365.2 billion yen and operating income of 59.2 billion yen for the fiscal year ended March 31, 2022, representing year-over-year growth of 32.7 billion yen and 12.0 billion yen, respectively.
- The Digital Entertainment segment, the company's primary revenue driver, saw net sales rise to 279.6 billion yen, largely fueled by the December 2021 release of the 'Final Fantasy XIV: Endwalker' expansion pack.
- Square Enix entered a definitive agreement to divest its North American and Canadian studios—Crystal Dynamics, Eidos-Montréal, and Square Enix Montréal—along with IP franchises including 'Tomb Raider' and 'Deus Ex' to Embracer Group AB for $300 million.
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