Square Enix Profits Jump 175% Thanks To Deus Ex, FFXIII-2
Financially speaking, Square Enix is going in the right direction, if their latest sales results are any indication.
Deus Ex: Human Revolution and the recently released Final Fantasy XIII-2 were cited as reasons for the company's growth, as profits skyrocketed in the nine-month period ending December 31, 2011.
According to the numbers, Square Enix posted a net income of 5.01 billion yen ($65.78 million) in the aforementioned period, which is up a whopping 175% from the previous year's take of 1.82 billion yen ($23.8 million). Both of the titles listed above did well (remember that FFXIII-2 launched in December in Japan), and Square Enix's web, smartphone, and social networking services also contributed.
Overall net sales came in at 95.74 billion yen ($1.26 billion), which was down 2.5% from the 98.18 billion ($1.28 billion) posted the previous year. The company said their full-year forecasts have remained unchanged. Well, it's all a lot better than when we heard profits slid over 90%, remember?
2/4/2012 9:35:12 AM Ben Dutka