Square Enix Holdings
Square Enix Holdings is the Japanese holding company of the Square Enix video game group. It publishes financial filings, results briefing materials and reference materials for investors.
Documents
Square Enix Holdings Consolidated Financial Results: Three-Month Period Ended June 30, 2025
Square Enix Holdings reported a decline in financial performance for the three-month period ended June 30, 2025, compared to the same quarter in the previous fiscal year.
- Square Enix reported a significant decline in financial performance for the three-month period ended June 30, 2025, with net sales falling 15.2% to ¥59,275 million and profit attributable to owners of the parent dropping 54.8% to ¥4,804 million.
- Operating income for the quarter decreased by 16.8% year-on-year to ¥9,018 million, while ordinary income saw a sharper decline of 55.0% to ¥6,889 million.
- The Digital Entertainment segment, the company's primary business, experienced a decline in net sales as new game titles underperformed compared to the same period in 2024, which benefited from the release of three 'Kingdom Hearts' catalog titles on Steam.
Square Enix Holdings Financial Results Briefing Session: Fiscal Year Ended March 31, 2025
Square Enix Holdings reported its financial results for the fiscal year ended March 31, 2025, highlighting a period of strategic transition characterized by a decline in total net sales but an improvement in overall profitability.
- Square Enix reported a decline in net sales to ¥324.5 billion for the fiscal year ended March 31, 2025, down from ¥356.3 billion in the previous year.
- Operating income increased to ¥40.5 billion from ¥32.5 billion, driven by a reduction in valuation losses on HD game content production and growth in the Amusement segment.
- The Digital Entertainment segment saw net sales drop to ¥206.5 billion, primarily due to weakness in existing titles within the Games for Smart Devices/PC Browser category.
Square Enix Holdings Consolidated Financial Results: Three-Month Period Ended June 30, 2024
Square Enix Holdings’ consolidated financial results for the three-month period ending June 30, 2024, reflect a strategic shift toward improved profitability despite a contraction in top-line revenue.
- Square Enix reported a 18.4% year-on-year decline in net sales to ¥69,915 million for the quarter ended June 30, 2024, yet operating income surged 250.1% to ¥10,844 million.
- Profit attributable to owners of the parent rose 68.6% to ¥10,620 million, significantly bolstered by a ¥4,912 million foreign exchange gain resulting from the weakness of the Japanese yen.
- The Digital Entertainment segment, the company's largest, saw net sales drop 29.6% to ¥43,905 million, though segment operating income increased 255.9% to ¥9,771 million due to operational expense optimization.
Square Enix Holdings Financial Results: Nine-Month Period Ended December 31, 2023
Square Enix Holdings reported its financial results for the nine-month period ending December 31, 2023, reflecting a mixed performance characterized by modest top-line growth alongside a decline in profitability.
- Square Enix reported a decline in overall operating income to 34.9 billion yen for the nine-month period ending December 31, 2023, down from 41.3 billion yen in the same period the previous year.
- The Digital Entertainment segment, the company's largest, saw operating income drop by 8.0 billion yen year-over-year to 30.7 billion yen, driven by higher development amortization costs and weaker performance in MMO and mobile/browser games.
- Despite a decline in operating income, total unit sales for HD and MMO games increased to 18.51 million units for the nine-month period, up from 16.43 million units in the prior year, with digital downloads accounting for 14.32 million of those units.
Square Enix Holdings Financial Results: First Half of Fiscal Year Ending March 31, 2024
Square Enix Holdings reported financial results for the first half of the fiscal year ending March 31, 2024, revealing a period of high revenue but diminished profitability.
- Square Enix reported 1H FY2024/3 net sales of ¥172.0 billion, but operating income fell significantly to ¥17.3 billion, a year-over-year decline of ¥8.7 billion due to higher development and advertising costs.
- The Digital Entertainment segment, the company's primary revenue driver, posted ¥122.0 billion in net sales but saw operating income drop by ¥9.0 billion year-over-year.
- The Games for Smart Devices/PC Browser sub-segment hit a three-year low in net sales, as new titles like 'Dragon Quest Champions' and 'FINAL FANTASY VII EVER CRISIS' failed to offset the declining performance of existing titles.
Financial Results: Six-Month Period Ended September 30, 2023
The financial results for the six-month period ending September 30, 2023, provide a comprehensive overview of Square Enix Holdings’ performance across its primary business segments.
- Square Enix reported a decline in profitability for the first half of FY2024/3, with operating income falling to 17.3 billion yen (a 8.7 billion yen decrease) and profit attributable to owners of the parent dropping to 16.6 billion yen (a 22.8 billion yen decrease) compared to the same period last year.
- Net sales for the six-month period ended September 30, 2023, reached 172.0 billion yen, representing an increase of 8.7 billion yen over the previous year's 163.3 billion yen.
- Total unit sales for Digital Entertainment grew to 12.17 million units in 1H FY2024/3, up from 9.41 million units in 1H FY2023/3, driven largely by a rise in digital downloads to 9.44 million units.
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.
Square Enix Holdings Financial Results: Fiscal Year Ended March 31, 2023
Square Enix experienced a challenging fiscal year ending March 31, 2023, characterized by a contraction in overall financial performance.
- Square Enix reported a decline in performance for the fiscal year ended March 31, 2023, with net sales falling to 343.2 billion yen and operating income dropping to 44.3 billion yen, down from 365.2 billion and 59.2 billion respectively in the prior year.
- The company's operating income margin contracted by 3.3 percentage points to 12.9%, while the total number of employees decreased by 925, ending the period at 4,712.
- Digital Entertainment, the company's primary segment, saw total sales decline to 245.5 billion yen, driven by a drop in both digital and packaged game sales compared to the previous fiscal year.
Square Enix Holdings Financial Results: Nine-Month Period Ended December 31, 2022
Square Enix Holdings reported a decline in consolidated net sales and operating income for the nine-month period ended December 31, 2022, compared to the same period in the previous fiscal year.
- Square Enix reported a decline in consolidated net sales to 255.6 billion yen and operating income to 41.3 billion yen for the nine-month period ended December 31, 2022, representing year-over-year decreases of 18.0 billion yen and 8.8 billion yen, respectively.
- The Digital Entertainment segment, the company's primary revenue driver, saw net sales drop to 184.3 billion yen and operating income fall to 38.7 billion yen, largely due to weak performance in existing smart device and PC browser titles and HD games failing to meet previous-year levels.
- Total unit sales for Digital Entertainment fell significantly to 16.43 million units for the nine-month period, down from 29.45 million units in the same period of the prior fiscal year, with the most pronounced decline occurring in the North America/Europe region.
Square Enix Holdings Financial Results: Six-Month Period Ended September 30, 2022
Square Enix experienced a period of financial contraction during the first half of the fiscal year ending March 31, 2023, reporting net sales of 163.3 billion yen and operating income of 26.0 billion yen.
- Square Enix experienced a significant decline in Digital Entertainment performance for the six-month period ending September 30, 2022, with operating income falling to 24.5 billion yen from 29.4 billion yen in the same period the previous year.
- HD Game sales underperformed expectations despite multiple new releases, contributing to a sharp drop in total units sold from 17.22 million in 1H FY2022/3 to 9.41 million in 1H FY2023/3.
- The Games for Smart Devices and PC Browser segment struggled as new titles failed to offset the weak performance of existing games, though the company plans to release multiple new titles in the second half of the fiscal year.
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: 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.