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Square Enix announced its financial results for the first nine months of the fiscal year, related to the period from April 1 to December 31, 2020.
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Today Square Enix announced its financial results for the first nine months of the fiscal year, related to the period between April 1 and December 31, 2020.
The company as a whole reports substantial year-over-year growth in both net sales and operating revenue.
The company’s digital entertainment segment (which includes games) reports similar results.
If we look at the results of the last quarter, they are more nuanced, with the digital entertainment segment growing revenue, but generating less profits.
Considering the sub-segments, the HD Games segment shows strong revenue growth year-over-year in the nine months, but actually lost money in the past two quarters after the launch of Marvel’s Avengers. Final Fantasy VII Remake and sales of digital catalog games (released in the previous fiscal year) helped keep the overall balance profitable.
The MMORPG segment that includes Final Fantasy XIV and Dragon Quest X saw a drop in net sales due to the year-on-year comparison with expansion releases, but profit grew year on year due to the recurring revenue they generate.
On the other hand, mobile games continued to grow year on year, both in sales and in profits, due to the contribution of earnings from titles like Dragon Quest Walk, War of the Visions: Final Fantasy Exvius and Dragon Quest Tact.
If you want to make a comparison, check out the results for the previous quarter, released in November.