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 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.
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: Fiscal Year Ended March 31, 2010
Square Enix achieved substantial financial growth during the fiscal year ended March 31, 2010, characterized by a 41.7 percent increase in net sales to ¥192,257 million and a 130 percent surge in operating income to ¥28,235 million.
- Square Enix reported strong growth for the fiscal year ended March 31, 2010, with net sales reaching ¥192,257 million (up 41.7%) and operating income rising 130% to ¥28,235 million.
- Net income for the fiscal year increased by 50.1% to ¥9,509 million, despite the company absorbing significant extraordinary losses, including ¥12,209 million in accelerated amortization of goodwill.
- The acquisition of Eidos Ltd. significantly impacted the balance sheet, contributing to a 26.9% increase in total assets to ¥270,529 million and a 80.4% rise in total liabilities to ¥116,271 million.
Square Enix Holdings Consolidated Financial Results: Nine Month Period Ended December 31, 2009
Square Enix Holdings reported strong financial growth for the nine-month period ending December 31, 2009, driven by the successful release of major titles and the strategic acquisition of Eidos Ltd.
- Square Enix reported strong growth for the nine-month period ending December 31, 2009, with net sales reaching ¥135,431 million, a 30.9% increase over the previous year.
- Operating income rose significantly by 67.7% to ¥21,414 million, while net income grew 48.2% to ¥7,797 million compared to the same period in 2008.
- The Games segment was the primary growth driver, generating ¥72,972 million in sales—a 97.0% increase—fueled by major releases including 'DRAGON QUEST IX', 'Batman: Arkham Asylum', and 'FINAL FANTASY XIII'.
Square Enix Holdings Nine Month Period Financial Results: Fiscal Year Ending March 31, 2010
Square Enix Holdings reported its financial performance for the nine-month period ending December 31, 2009, reflecting a strategic focus on operational efficiency and the successful release of major software titles.
- Square Enix reported 18.1 billion yen in operating income for the Games segment over the first nine months of the fiscal year ending March 31, 2010, driven significantly by the release of Final Fantasy XIII.
- The company achieved a profitable structure in the Amusement segment during the third quarter, reaching 2.0 billion yen in operating income despite a challenging business environment.
- The Publication segment outperformed expectations, reaching 3.1 billion yen in nine-month operating income, representing 122% of its full-year projection due to strong comic and guidebook sales.
Square Enix Holdings Consolidated Financial Results: First-Half Period Ended September 30, 2009
Square Enix Holdings reported strong growth for the first-half period ended September 30, 2009, driven by significant organizational restructuring and the acquisition of Eidos Ltd.
- Square Enix reported a 33.2% increase in net sales to ¥90,561 million for the first half of the fiscal year ending September 30, 2009, though net income fell 55.7% to ¥2,683 million.
- The Games segment was the primary growth driver, with net sales rising 117.5% to ¥48,444 million and operating income increasing 63.5% to ¥10,365 million.
- The Amusement segment struggled, with net sales declining 20.5% to ¥25,853 million and operating income dropping 58.4% due to poor market conditions for arcade facility operations.
Square Enix Holdings Consolidated Financial Results: Three Months Ended June 30, 2009
Square Enix Holdings reported consolidated financial results for the three-month period ending June 30, 2009, reflecting a challenging fiscal start characterized by organizational restructuring and the integration of the Eidos group.
- Square Enix reported a net loss of ¥1,672 million for the three months ended June 30, 2009, a significant decline from the ¥2,883 million net profit recorded in the same period of the previous year.
- Consolidated net sales fell 1.2% year-over-year to ¥29,399 million, while operating income dropped 82.8% to ¥594 million.
- The Games segment reported an operating loss of ¥992 million on sales of ¥8,512 million, contrasting with an operating profit of ¥1,665 million in the same quarter of 2008.
Corporate Strategy Meeting: Eidos Integration
The acquisition of Eidos plc by Square Enix Holdings, finalized on April 22, 2009, for approximately £84.3 million, serves as a pivotal strategic maneuver to transform the company into a truly global entity.
- Square Enix Holdings acquired Eidos plc to integrate a global network of development studios, including Crystal Dynamics (USA), IO Interactive (Denmark), and Eidos Montreal (Canada).
- The acquisition provides Square Enix with high-quality original intellectual property, specifically Tomb Raider (over 30 million units sold) and Hitman (over 8 million units sold).
- Square Enix plans to improve Eidos's profitability by applying its 'multi-faceted' business model, which expands single-worldview IPs into sequels, spin-offs, and cross-media content, rather than relying solely on game sales.