All Channels
Popular
260°

Square Enix CEO Explains What Went Wrong

Square Enix CEO Yoichi Wada has filled in some of the blanks regarding the 12 billion yen loss his company posted for the previous fiscal year.

Read Full Story >>
andriasang.com
disturbing_flame5509d ago

I think Square Enix lost a lot of money by not supporting the PS3 on this generation as they did on older generations consoles.

They have clearly neglected this platform and its public who is looking for japanese RPG.

I think Square can reach better economic objectives by working more on PS3.

Xwow20085509d ago

Most jrpg fans are the playstation fans so by releasing some of there rpgs only on x360 there income decreased alot because of the very low sales.

Wada fail as a ceo...he dont understand that square enix is still exist because of us the fans who supported the company all these years :(

DarkCharizard_5509d ago (Edited 5509d ago )

The JRPG fans will have shifted to the Wii by the end of this year for the simple reason that PS3 doesn't get any good ones but Wii will have

The Last Story
Xenoblade Chronicles
Pandora's Tower
Earth Seeker &
Dragon Quest X

All in just a years time :) Ohh wait, can you call Pokemon a JRPG? :P

Dragun6195509d ago (Edited 5509d ago )

Hm, while its true that Wii does have a nice list of jrpgs.

I believe Jrpg fans will stick to PS3 considering its the only popular HD console in Japan right now and most developers have moved away from the Wii especially since the Wii 2 is soon to be revealed.

And PS3 also has a nice list of Jrpgs
White Knight Chronicles 2
Disgaea 4
Tales of Graces F
Tales of Xillia
Ni no Kuni: Another World
Final Fantasy Versus XIII
Not to mention multiplats like Dark Souls & FFXIII-2.

Istanbull5509d ago

SquareEnix didnt make 1 good rpg in their lifetime. Bring back Squaresoft and Enix as 2 unique developpers, competition was good, they tried to out-perform each other.

AAACE55509d ago

Fact is, SE hasn't made good games in a while! They did so well on Ps2 because gamers wanted everything in one place. If you really look at it, those Ps2 games are the same type that are being overlooked this gen.

The problem is that gamers are mad that these games aren't exclusive. And they are seeing them for what they have always been!

The rapid rise in rpg development outside of japan are opening peoples eyes and showing them that rpg's can be fun in different ways. Companies like SE are fumbling around trying to update their games and are trying to catch up because they were so complacent in believing there would be no competition for them in the rpg arena!

Doesn't matter which system... Jrpg's are dying! Jrpg fans are becoming the old guys who wish 8 tracks would make a comeback!

You may not like the changes SE has to do to their games, but games like FF have been selling fewer and fewer units with each release after FFVII came out. They have to evolve the series and they see that the more action oriented rpg's are getting the attention and sales!

sikbeta5509d ago

What went wrong? Wada and his idea to copy what some western publisher do, milk the hell up some franchises and release them in every device possible with the exception of the PS3, duh, WTH! PlayStation gamers bought your Games Wada and you don't want their money now? stupid decision right there, there is a loyal crew of PS gamers waiting for JRPGs coming from SE...

+ Show (3) more repliesLast reply 5509d ago
EYEamNUMBER15509d ago

back then the ps user base was more than double what it is now and the cost of making said games was allot cheaper that isn't the case now

they now support the PS3 just as much as the 360 the whole its because they aren't working on ps3 thing isn't the case

once they release DQX yoou will see their profits go up all they need to do is release more big sellers

Dragun6195509d ago (Edited 5509d ago )

Yeah, They should of focused or supported the PS3 earlier on but that's not the only problem.

I believe the main problem lies with how they communicate in the production and development process. I mean seriously, Lord of Arcana, Front Mission Evolved, MindJack, FFXIV, Kane & Lynch: Dog Days, even the canceled Gun Loco game, all Average or below games.

I have to ask myself, just how do these games even get green lit or Did the developers even played the game themselves. I know making games goes through multiple Q&A's and Phases, so it always amazes me that SE keeps producing these C-level games, they're pretty much like those rushed Movie-Based games.

You would think they would look at other publishers or Devs and see how they're fostering success for example Level-5, Naughty Dog, Media Molecule, Rockstar, Bioware, etc. Sigh, very disappointed with SE this gen, and this coming from a huge SE fan.

RedDead5509d ago (Edited 5509d ago )

Please stop trying to say it's because they're not exclusive to Playstation. It's because they make shi* games. I would buy a good game no matter what the platform. The only thing they have been able to do anything decent on is handheld but other than that, S-e have completely failed, they haven't stood up to either Squaresoft or Enix since they joined.

Also you forget FF1-6 and chrono Trigger, Secret of Mana were Nintendo games. True Square fans know it didn't matter what console SS were on, they made good games no matter what...before the joining

jaysquared, alot of people would buy them if they were good, I bought Dissidia FF, Crisis core, and FF 10, they're the last games I bought from them, however i went back and finally played FF 4,6...Chrono Trigger, Xenogears. They surpass anything S-e has ever brought out. They just don't have the flair they used to, mabe with the next 3 FF's coming out soon that will change but I won't be surprised if it doesn't. Nomura is the only one capable of creating could games in that company anymore.

jaysquared5509d ago

Square Enix lost money because JRPGs are not as big as they use to be! With the introduction of online gaming to consoles FPS has really taken over.. Look at all the games that's been the top sellers this gen.. Halo, COD, Resistance, KZ.. I believe many JRPG players either switched over to FPS and or has gotten older and just don't game! All the new generation of gamers have grown up on either Halo or COD.. That's what they talk about at school and that's what all their friends play. I know many high school kids are all about the online competition nowadays.. Good luck SE but you do need to change your focus.. Maybe make a FPS in the Final Fantasy world..

GameZenith5509d ago

Unfortunately, you are right. I might be only 25 years old, but I began to game at an early age (4 years old). I grew up with the traditional JRPG and all the elements that it had. Today, the younger generation is growing up believing that Mass Effect 2 is what a traditional RPG is, to them, THAT is a RPG and stuff like turn-based RPGs are just old stuff that never made sense.

Unlike my generation which grew up seeing FPS as purely a PC niche, today's generation sees FPS as a core console game. I grew up knowing that online (PC) FPS gaming was very strategic and tactical whereas today's generation sees something different.

In other words, gaming has become less tactical/strategic and more casual and "pick up and play" like the CODs and Halos.

Sadly its all about simplification these days to appeal to the growing "casual" crowd.

Coogi5509d ago

This isn't that true though, enough JRPG games have not been made to prove this point, well at least decent ones, the thing is people will still play them it's that sadly for them to appeal to new gamers the graphics have gotta be pretty good like FFXIII and Star Ocean, hell Magan Carta didn't even do bad.

Infinite Undisocvery was Underrated quite a bit because of the mad voices, graphics, etc. But I thought the battle system was great and story was pretty damn good.

disturbing_flame5509d ago (Edited 5509d ago )

By saying that they must work on the PS3 market i'm not saying that they must do only exclusives for PS3. man there are some people that have a really weird comprehension of what is written !

Square made a lot of money with Playstations consoles, there's a solid fanbase that is waiting them to propose great games on this market and they are not doing it. By ignoring this market they are clearly losing money.

They have for the moment been on all markets, DS, PSP, 360, WII. The last market of this generation they are neglecting is the PS3 market.
And we easily see it's a mistake when we see how much they sold with FFXIII on PS3.

So yes, definitly Square need to be more present on PS3 market, it would be great for their image and also great in terms of revenue.

Rainstorm815509d ago

It happened because "HD towns are too hard to make"

Fact is Square has neglected the HD gen as a whole, relying only on handhelds and mediocre games is bad for the bottom line.

5509d ago
ZippyZapper5509d ago (Edited 5509d ago )

Since when did Square not support the PS3? Don't tell me you guys are still hurt over losing Final Fantasy as exclusive. Is that it? Beacuse like I said Square games are multiplatform so it must still be about losing an exclusive.

Dragun6195509d ago

Dude, its not that hard to see that SE didn't support PS3 until last year releasing their first PS3 game, a port of Star Ocean 4 and FFXIII. Everything else before that was either for Xbox 360, PC or Portable. They couldn't even port The Last Remnant for the PS3.

Rainstorm815509d ago

Infinite Undiscovery & The Last Remnant were exclusive....and Gun Loco was also exclusive before it was cancelled.

maddfoxx5509d ago

Square has made exclusives for 360, but we have yet to a single one for the PS3. I remember when they first announced Last Remnant. It was suppose to be multiplat, but for some reason Square made it exclusive to 360. What really pissed me off is that they just pretended that the PS3 announce never existed. The problem with Square is that they are TRYING TOO HARD to appeal to westerners. They really messed of when they decided to use the Unreal3 engine when they didn't have a grasp on it. After Final FantasyVS drops, I dont think I can support Square anymore. To them, its all about money and appealing to a specific group of people. . . not about making great and memorial JRPGs anymore D:

TBM5509d ago

hey Wada you're is what went wrong with squaresoft, and enix. get out and maybe both companies can return to their former glory.

Snakefist305509d ago (Edited 5509d ago )

Sony need to buy Square Enix.Then we will hav awesome final fantasy games!

ZippyZapper5509d ago

Thanks for proving my point.

mastiffchild5509d ago (Edited 5509d ago )

Wada is, politically, a terrible CEO and that's where the trouble starts IMHO. Had FF13 ALWAYS been a multiplatform game there would have been NONE of the backlash he got. It was so easily avoided but allowing the SE/FF fanbase to buy PS3s on the strength of his company saying "only on PS3" for, like, four years was bound to wind people up. THEN making the only gamers IN THE WORLD who couldn't play FF13 Japanese 360 owners just exacerbated the issue.

IDK, his insistence on chasing western ideals in SE's games has never sat well with fans for a start and all the rest of the arrogant and seemingly uninformed stuff he comes out with has begun to grate at this point. I think a lot of people are just sick of Wada and the fanboy arguments that surround any big SE release(the never ending debates over which platforms an SE game should release on)are more a diversion than anything and I fear they just aren't being led very well, not very well at all.

pain777pas5509d ago

I have to agree. When for generations you supported a platform with unbelievable success yes even more than the original Nintendo alliance, there is sure to be backlash. The reason being that the PS3 is capable. If the PS3 was not up to snuff and they went for better hardware that fit what they were trying to accomplish like the N64 to PS1 and 2 jump then so be it. Here we have a company who has made a living making grand games pushing hardware to their limits settling for a make more money strategy. As we can see with GT the people will always dictate what is good and what will be successful. Media outlets spit on GT5 and PD is swimming in money from their prologue and GT5 games. Go back to making that standout game maximixing a platform. Make unique experiences. Make FF7 NGP and PS3 for goodness sake spin off/remake in ONE game. Do not settle cause when you do you will always end up unhappy in the end.

Coogi5509d ago (Edited 5509d ago )

Are you kidding me? If anything Xbox 360 is the JRPG system to go with. Why? Just look they have more JRPG hell, they have more RPG period, seriously just look it up or even count them on Gamestop, Lol.

So, you think they should go with PS3 why? Let me guess...graphics? Poor simpleton, that's not always what people want, well FPS fanboys do. Not RPG fans like myself. Or the fat lazy people could complain about multiple discs, it's only a big deal if you make it a big deal, and mostly the only people that complain about it are the PS3 fanboys.

The best JRPG this gen is on Xbox 360, Lost Odyssey.

Even if SE made your EPIC game and want them to use the "full potential" do you realize how much that's gonna cost for SE? As you can tell ( by reading the article ) it doesn't look like SE is planning anything huge like that ATM due to so much money lost. So it's seems more logical and obvious that's not something they are gonna do anytime within' the next 2 years.

@maddfoxx How are they trying to appeal to WRPG fans? Last Remnant and Infinite Undiscovery is nothing like a WRPG.

+ Show (11) more repliesLast reply 5509d ago
Darth Stewie5509d ago

They lost $$$$ because Square Enix is nothing like Squaresoft. They turn their back on their fans and released crappy games to get a quick buck. Sadly they will never ever go back to their glory days.

jc485735509d ago (Edited 5509d ago )

sometimes i don't understand Square Enix. They say that this generation is all about multiplatform, but they have released more games on the 360 than they did on the ps3 or ps3 users get them a little later. Then there's FF13 which took forever for it to arrive. They also made it look like FF13 Versus was coming soon after 13, but not.

Pozzle5509d ago

I don't understand their business strategy, tbh.
Fans want Kingdom Hearts 3, so SE releases a bunch of spinoffs. Fans want a FFVII remake, so SE releases a dodgy shooter sequel. Fans want FFVersusXIII, so SE plans on releasing FFXIII-2 first.

I mean, do they WANT to piss off their fans? Because that seems to be what they're trying to do. It makes no sense.

jc485735509d ago

the games are not all that great either. Sometimes I don't see how "involved" they are with whatever projects they are working on. they will announce a title and that's all there is to it.

C L O U D5509d ago

Totally agree. Square Enix has been disappointing this generation. To be honest Mistwalker is one of the best companys that are doing the RPG's right now.

jc485735509d ago

I definitely hope Mistwalkers does their magic just to make Square Enix look bad.

Troll-without-Bridge5509d ago

@CLOUD

You surely must be joking. Mistwalker has had a terrible start. Most of their games are sub-par, and even Lost odyssey which is decent, was co-developed with feelplus.

Lol seems like the name sakaguchi can change the perception of reality to a lot of people.

jc485735509d ago (Edited 5509d ago )

@Troll

Yes, not a good start, but not bad compared to most Square Enix titles. not to mention that this is just the first game. Squaresoft's first game was not the best/selling game and they were facing financial problems too. don't look down on mistwalker just cause you think that the first game didn't do so well

jib5509d ago

"Lost odyssey which is decent" thats crazy talk. lost odyssey is one of the best jrpgs to come out this generation

+ Show (3) more repliesLast reply 5509d ago
Troll-without-Bridge5509d ago

Mistwalker's blue dragon was very poor, and lost odyssey was average. Im sure people who love the game will thumb me down, i dont care. The last story i havent played so i cant comment.

Square enix is also a publisher, but assuming you are talking about the developer side they have been the heart and blood of the psp. They have awesome games, much better than anything mistwalker has done so far. Then if you go back to the ps2 era with titles like dragon quest 8 which is one of the best RPG's of all time, FFXII which is one of the best rated final fantasies of all time, the Tactics games, dissidia, Birth by sleep, T3B, the wonderful remakes, dragon quest 9, FFXIII which despite some backslash still maintains positive balance with 85% gamesranking and the 4th best selling FF of the series.

FFXIV blew it all over. Thats the only legit complain fans might have... and how many of those complainers where interested in an mmo in the first place?

jc485735509d ago

I get your point, but that's last gen consoles. Square Enix is just on the slow side in the HD era. I'm not saying you need extremely beautiful graphics of course, but maybe Inafune is correct about Japan being 5 years behind.

jimmywolf5509d ago (Edited 5509d ago )

reason for the delay for versus is it was no better then FF13, when all the negative feedback hit they new they have polish an make it better, that's why it was delayed. they also wanted too redeem their image so they pulled up cut content for ff13 an made a second game not that we asked for that

stealth500k5509d ago (Edited 5509d ago )

It boils down to not listening and not making good decisions about the consoles.

Square is doing amazing work on the handhelds. But thats about the extent of there reach (similar to most companies who just do 1 thing)

JMyers5509d ago (Edited 5509d ago )

They've lost most of their core fan-base by releasing poor sequels to their established franchises.

Also think of the long development times for two of their biggest games FF13 and FF13 Versus. The first took ages to port, and I'm feeling its the same with versus. The return just isn't there anymore, as there is more choice and competition in this gen. As a result revenue streams and the life cycle of games have grown much shorter. Adding to this, they seem to have lost touch with their core fanbase.

Show all comments (72)
130°

Metacritic's 2026 Game Publisher Rankings

Jason Dietz: "We reveal the past year's best and worst video game publishers (based on their 2025 releases) in the 16th edition of our annual Game Publisher Rankings."

Read Full Story >>
metacritic.com
Christopher81d ago

Take note, Sony, you're falling behind by a lot.

-Foxtrot80d ago (Edited 80d ago )

I was just going to say this, their biggest and top rated game here is TLOU2 for PC….it’s embarrassing.

Even Ubisoft and EA are ahead

Kind of surprised Nintendo is pretty low aswell, their biggest game is also a rerelease with the Switch 2 version of TotK.

StoneColdCrazy80d ago

That’s what happens when you start shutting down your own studios and forget what actually made you matter in the industry in the first place. Sony used to set the standard — now it feels like they’ve lost that identity. And if they decide to walk away from the PC market too, that’s going to be another huge mistake — that platform is only growing, and ignoring it now would just put them even further behind.

1Victor80d ago

@christopher:” Take note, Sony, you're falling behind by a lot.”
.
Why single out Sony? Microsoft didn’t do any better than the year before 5th same as Sony 9th and they have acquired activision and other mayor titles that have boosted their score massively from a 9th and Sony a 4th the year before the acquisitions.
Sony does need to do better without a doubt and I do hope they do take note but not the note of buying publishers is the way to succeed.

Christopher80d ago

1. Microsoft didn't get worse.
2. Sony got way worse.
3. Because Sony needs the criticism the most considering their publishing output this generation has been propped up by last gen ports and third-party developers for the most part.

80d ago
thesoftware73080d ago

1Victor,

I don't wanna speak for Christopher, but like most of us we recognize that Sony's output this Gen has been way below their own standards.

Also Sony did buy a fair amount of Devs, I know you will say they were not publishers, and don't compare in size, but they had their fair share of Aquisitions, including the very well established Bungie.

The overall point is with their stellar first party track record of the past, they should not be going down, they are singled out because they are some of the best videogame devs/publisher on the planet...no matter what reasons we attribute to the situation, they are moving in the wrong direction... period.

80d ago
KyRo80d ago

Its widely accept that Sony this generation has been underwhelming. We've had more peripheral releases, controller variants, PS5 accessories than games it feels like. The exclusives were also PS4 and what little output they have put exclusively on PS5 is nowhere near as memorable as what came in every generation before that.

This isn't a Sony hate post but anyone who's older and has been around for a long time gaming will agree that PS5 is by far Sony's worst generation. As much as Xbox is in the gutter, I pray the do bounce back in the hope we get Sony to wake up again.

darthv7279d ago (Edited 79d ago )

If you want to critique MS... you are doing so towards their management. The games output and their hardware have been much better than PS this gen. Sadly... people still hold a grudge against XB because of MS. Thankfully i am not that petty... I've been enjoying their games output in the drought of PS. And add in some NS1/2 games as well to balance things out. Things will change for me once Wolverine hits, and I start using my 5 more. That one I'm looking forward to. And the Marvel fighter... I'm not a GTA player so that has no bearing on my view of things.

+ Show (3) more repliesLast reply 79d ago
Profchaos80d ago

Big part of that has been the live service push resulting in cancellation or flop after flop but when they put out the games their fans want we get amazing stuff like astro bot

Leadership really screwed the pooch trend chasing

1Victor80d ago (Edited 80d ago )

https://www.metacritic.com/...

https://www.metacritic.com/...
Well I apologize I was wrong about not doing worse but my statement of Microsoft getting a boost still stand 🤷🏿

80d ago
1Victor80d ago

Well OBSCURED unlike you I’m honorable enough to recognize when I’m wrong and apologize.
.
@ The software you know there’s no comparison between what Microsoft acquired and what Sony acquired that’s why you tried to get ahead of the conversation, yes we all know Sony can do better than what they have done this gen but they inhaled the poison GAS they thought would bring money for years but we make sure they got the message and quite a few games got cancelled you know as well a hit like that take years to be corrected and by now they hopefully will have taken steps away from the GAS and slowed their approach to them.

bsingle4080d ago

You will say anything when you are in denial that your hardware is dead and nobody wants your platform. Good luck with Helix because nobody will buy it.

+ Show (2) more repliesLast reply 79d ago
SimulationDaily80d ago

But... but... the garbage-mongers always tell us that Square Enix is in trouble! 😂

Christopher80d ago

Square doesn't help that it fear mongers itself with ridiculous 'goals' that they can't reach and then they proclaim failure if they don't reach it. They're quite freaking profitable and people act like they're dying.

SimulationDaily80d ago (Edited 80d ago )

Keep in mind that these "proclamations" are usually third-hand bad translations from somedude who was at the investor conference, posted on Twitter, and picked up by press and youtubers like they were gold, and then when the official translation comes out, they're much softer statements, but at that point, the damage is done.

gold_drake80d ago

to be very fair

being number one on these things does not indicate how "well" their games do selling wise.

80d ago
80d ago
80d ago
Show all comments (39)
40°

Square Enix Reports Lower Sales but Growing Profits in Financial Results

Square Enix announced its financial results for the first nine months of the fiscal year, related to the period between April and December 2025.

Read Full Story >>
simulationdaily.com
100°

Shareholder denounces Square Enix's 'sluggish' revenue and profit

3D Investment Partners, a major shareholder of Square Enix, issued a 112-page presentation criticizing the company's 'sluggish' revenue and profit margins.

Read Full Story >>
gamedeveloper.com
186d ago
SimpleDad185d ago

Basically, their presentation says: Go Woke, Go broke.
Sorry fellow N4gamers.

Alos88185d ago

Or, alternatively, don't cut Switch and Steam out of your biggest releases day one.

360ICE185d ago

If your response to a 112 page presentation from a profit-maximizing investment fund about the need for corporate restructuring (i.e. layoffs), integrating non-gaming (i.e. sell merch or build a theme park) and other corporate initiatives, is that it's about "go woke, go broke", then it's because you've lost the ability to think in any terms. Awful way to live your life. Private equity is destroying the games industry while you obsess that Square made a cringe game everyone thinks is cringe in 2023. Time to move on.

gold_drake185d ago

i mean .. we've been saying this for years.

franwex185d ago

Oh darn. Maybe games with NFTs can fixed that!

Soy185d ago

Waaah waaah our profits aren't big enough! I mean, they're still growing and all, but we want it faster and NOW! Waaaah!

Show all comments (13)