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 Financial Results: Fiscal Year Ended March 31, 2019
Square Enix Holdings reported financial results for the fiscal year ended March 31, 2019, reflecting a period of revenue growth tempered by declining operating margins.
- Square Enix reported net sales of 271.0 billion yen for the fiscal year ended March 31, 2019, but operating income fell significantly to 24.5 billion yen, down from 38.1 billion yen in the previous year.
- The Digital Entertainment segment, the company's largest revenue driver, saw operating income drop from 43.4 billion yen to 29.0 billion yen, resulting in an operating margin contraction of 8.5 percentage points to 14.2%.
- Digital sales in the HD games segment have grown by an annual average of approximately 40% over the past five years, with digital downloads accounting for 40% of total HD sales in FY2019/3.
Square Enix Holdings Nine-Month Period Financial Results: Ended December 31, 2018
Square Enix Holdings reported a challenging financial performance for the nine-month period ending December 31, 2018, characterized by a significant decline in profitability compared to the same period in the previous fiscal year.
- Square Enix reported a significant decline in financial performance for the nine-month period ending December 31, 2018, with net sales falling to 179.0 billion yen and operating income dropping to 11.7 billion yen, a 22.0 billion yen decrease year-over-year.
- The Digital Entertainment segment, the company's primary revenue driver, saw operating income plummet to 1.6 billion yen in the third quarter of FY2019, down from 7.9 billion yen in the same period the previous year.
- HD game performance was mixed; while titles like 'Shadow of the Tomb Raider' and 'Just Cause 4' bolstered sales, overall profits were suppressed by increased development amortization and higher advertising expenditures.
Financial Results Briefing Session: Six-Month Period Ended September 30, 2018
The financial results for the six-month period ending September 30, 2018, reflect a challenging fiscal environment for Square Enix Holdings Co., Ltd. compared to the same period in the previous year.
- Square Enix reported a decline in performance for the six-month period ending September 30, 2018, with net sales falling to 112.2 billion yen (down 19.8 billion yen YoY) and operating income dropping to 10.0 billion yen (down 15.8 billion yen YoY).
- Luminous Productions, a wholly-owned subsidiary, recorded an extraordinary loss of 3.733 billion yen due to a strategic shift toward focusing exclusively on large-scale, high-quality AAA titles.
- The Digital Entertainment segment for smart devices and PC browsers saw a decline in both net sales and operating profit, attributed to the underperformance of titles launched in the previous fiscal year and reduced license income.
Square Enix Holdings: Reference Materials for the Three-Month Period Ended June 30, 2018
Square Enix Holdings’ financial results for the first quarter of the fiscal year ending March 31, 2019, reflect a period of year-over-year decline across most business segments.
- Square Enix reported a decline in Q1 FY2019/3 performance compared to the same period in 2018, with net sales falling from 57.0 billion yen to 45.4 billion yen and operating income dropping from 12.8 billion yen to 4.2 billion yen.
- The Digital Entertainment segment, the company's primary revenue driver, saw net sales decrease to 32.4 billion yen in Q1 FY2019/3, down from 44.1 billion yen in Q1 FY2018/3.
- MMO revenue declined year-over-year due to the absence of a major expansion disk launch for 'Final Fantasy XIV' compared to the previous year's 'Stormblood' release.
Square Enix Holdings Financial Results: Fiscal Year Ended March 31, 2018
Square Enix Holdings reported its financial results for the fiscal year ended March 31, 2018, demonstrating a period of improved profitability despite a slight decline in overall net sales.
- Square Enix reported a consolidated operating income of 38.1 billion yen for the fiscal year ended March 31, 2018, representing a 6.9 billion yen increase over the previous year despite a slight decline in net sales to 250.3 billion yen.
- The Digital Entertainment segment drove profitability with an operating income of 43.4 billion yen and a margin of 22.7%, bolstered by strong performance in smart device/PC browser games and MMO expansions.
- For the fiscal year ending March 31, 2019, the company forecasts a decline in operating income to 30.0 billion yen, down from 38.1 billion yen, alongside a projected reduction in dividends per share from 65 yen to 53 yen.
Square Enix Holdings Consolidated Financial Results for the Fiscal Year Ended March 31, 2018
Square Enix Holdings concluded the fiscal year ending March 31, 2018, with a strategic emphasis on high-margin digital content and operational efficiency.
- Square Enix reported net sales of ¥250,394 million for the fiscal year ended March 31, 2018, a 2.5% decrease compared to the previous year.
- Operating income rose significantly to ¥38,176 million, representing a 22.0% year-on-year increase, while profit attributable to owners of the parent grew by 28.9% to ¥25,821 million.
- Ordinary income reached ¥36,124 million, a 16.0% increase over the prior fiscal year, supported by a 15.2% operating margin.
Square Enix Holdings Nine-Month Financial Results: Period Ended December 31, 2017
The Square Enix Holdings financial results for the nine-month period ending December 31, 2017, demonstrate a period of significant profit growth driven primarily by the company’s Digital Entertainment segment.
- Square Enix reported a significant increase in operating income for the nine-month period ending December 31, 2017, rising to 33.7 billion yen from 21.4 billion yen in the prior year, representing an operating margin of 18.0%.
- The Digital Entertainment segment was the primary driver of growth, with operating income surging to 36.3 billion yen compared to 21.7 billion yen in the previous year, fueled by strong performance in MMO expansions and mobile titles.
- MMO revenue saw substantial gains due to the release of expansion disks for 'FINAL FANTASY XIV' and 'DRAGON QUEST X' and an increase in paying subscribers.
Square Enix Holdings 2Q FY2018/3 Financial Results Briefing
Square Enix Holdings reported strong financial growth for the first half of the fiscal year ending March 31, 2018.
- Square Enix reported strong 1H FY2018/3 financial growth, with net sales reaching ¥132.0 billion (+24.2% YoY) and operating income rising 132.3% to ¥25.8 billion.
- The Digital Entertainment segment drove performance through the launch of 'DRAGON QUEST XI,' increased paying subscribers for 'FINAL FANTASY XIV,' and strong catalog title downloads.
- Digital sales in the Publication segment exceeded 20% of total revenue in 1H FY2018/3, largely attributed to the success of the 'MANGA UP!' distribution app.
Square Enix Holdings Financial Results: Six-Month Period Ended September 30, 2017
Square Enix Holdings reported strong financial growth for the six-month period ending September 30, 2017, characterized by significant increases in both net sales and operating income compared to the same period in the previous fiscal year.
- Square Enix reported strong growth for the six-month period ending September 30, 2017, with net sales rising to 132.0 billion yen, a 25.7 billion yen increase over the same period in 2016.
- Operating income surged to 25.8 billion yen, more than doubling the 11.1 billion yen recorded in the prior year's first half, driven primarily by blockbuster HD game releases.
- The Digital Entertainment segment remains the primary revenue driver, contributing 102.1 billion yen in net sales and achieving an operating income margin of 26.0%.
Square Enix Holdings 1Q FY2018/3 Financial Results Briefing
Square Enix Holdings reported strong financial growth for the first quarter of the fiscal year ending March 31, 2018.
- Square Enix reported strong 1Q FY2018/3 results with net sales of ¥57.0 billion (+11.3% YoY) and operating income of ¥12.8 billion (+43.9% YoY).
- The Digital Entertainment segment drove performance with ¥44.1 billion in sales (+17.7% YoY) and ¥13.7 billion in operating income (+44.9% YoY).
- Growth in the Games for Smart Devices/PC Browsers sub-segment was bolstered by license fees from Machine Zone, Inc. for 'FINAL FANTASY XV: A NEW EMPIRE' and the full amortization of development costs for existing titles.
Square Enix Holdings Consolidated Financial Results: Three-Month Period Ended June 30, 2017
Square Enix Holdings reported strong financial growth for the three-month period ending June 30, 2017, driven primarily by robust performance in its Digital Entertainment segment.
- Square Enix reported strong growth for the three-month period ended June 30, 2017, with net sales rising 11.3% to ¥57,000 million and operating income increasing 43.9% to ¥12,874 million compared to the same period in 2016.
- The Digital Entertainment segment was the primary growth driver, achieving ¥44,168 million in net sales and ¥13,724 million in operating income, representing year-on-year increases of 17.7% and 44.9% respectively.
- Digital Entertainment performance was bolstered by strong download sales of catalogue titles like 'NieR:Automata,' consistent success from smart device games such as 'FINAL FANTASY BRAVE EXVIUS,' and increased revenue from 'FINAL FANTASY XIV' following its latest expansion.
Square Enix Holdings Financial Results: Fiscal Year Ended March 31, 2017
Square Enix Holdings reported strong financial growth for the fiscal year ended March 31, 2017, driven primarily by the successful launch of major blockbuster titles.
- Square Enix reported consolidated net sales of 256.8 billion yen and operating income of 31.2 billion yen for the fiscal year ended March 31, 2017, representing a year-over-year increase of 42.7 billion yen in sales and 5.2 billion yen in operating income.
- The Digital Entertainment segment remains the primary revenue driver, contributing 199.0 billion yen in net sales and 33.3 billion yen in operating income for FY2017/3.
- Revenue from games for smart devices and PC browsers saw significant growth, reaching 83.3 billion yen in FY2017/3 compared to 44.2 billion yen in FY2015/3.