Square Enix reports that despite declining sales, profits are up
The quarterly financial report for Square Enix has been published, giving us new information to pour over. The data shows that net sales for the company are down, by 8.9% year-on-year. Square's reasoning for the dip in overall sales is due to the Kingdom Hearts ports on Steam and the release of Final Fantasy VII Rebirth in the prior quarter overshadowing the lineup from this most recent financial quarter.
Despite the decrease in sales, Square Enix still made more money overall, as a result of, "lower development cost amortization, advertising expenses, and content valuation losses compared with the same period of the previous year." Recent ports to the PC platform have also been a massive success for the company, leading to a more hopeful outlook towards its future releases, which include Final Fantasy Tactics - The Ivalice Chronicles, Dragon Quest 1 & 2 HD-2D Remake, and Octopath Traveler 0.











