There's a lot of chatter these days about the Japanese gaming industry. Its global market share and prestige has fallen precipitously in recent years, and even games coming out of Japan from franchises as famous and well-respected as Final Fantasy and Dragon Quest are finding themselves competing more and more with formidable western games from formidable western companies.
The company responsible for both aforementioned games -- Square Enix -- released its financial details for the fiscal year ending March 31, 2011. The information doesn't bode well for the company. I'll let Square Enix's president Yoichi Wada tell you himself with the truncated version of what's going on. "[Square Enix] experienced significantly lower sales and profit during the fiscal year mainly due to weak performance of console game titles released during the year as well as the impact of a continued delay in billing for a key online title, which was newly launched during the year."
The latter details from Mr. Wada's statement are probably most pressing for Square Enix right now. The game he's referencing is, of course, Final Fantasy XIV, a PC-centric MMO plagued with so many problems that it's still being played for free, without any sort of subscription fee charged to players. The PlayStation 3 version of Final Fantasy XIV is nowhere on the horizon yet either, likely due to the deep-seated issues the PC version of the MMO is experiencing.[/p]
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The company responsible for both aforementioned games -- Square Enix -- released its financial details for the fiscal year ending March 31, 2011. The information doesn't bode well for the company. I'll let Square Enix's president Yoichi Wada tell you himself with the truncated version of what's going on. "[Square Enix] experienced significantly lower sales and profit during the fiscal year mainly due to weak performance of console game titles released during the year as well as the impact of a continued delay in billing for a key online title, which was newly launched during the year."
The latter details from Mr. Wada's statement are probably most pressing for Square Enix right now. The game he's referencing is, of course, Final Fantasy XIV, a PC-centric MMO plagued with so many problems that it's still being played for free, without any sort of subscription fee charged to players. The PlayStation 3 version of Final Fantasy XIV is nowhere on the horizon yet either, likely due to the deep-seated issues the PC version of the MMO is experiencing.[/p]
Complete News Here (Source)










