Final Fantasy XV, Rise of the Tomb Raider PS4 Help Square Enix Sales Reach Record-High
For the fiscal year ended March 31, 2017, Square Enix saw record-high net sales of ¥257 billion, an increase of 20% year-over-year, the company announced today. Even with the ¥4.9 billion loss due to their withdrawal from Io-Interactive, Square Enix still posted an ordinary income of ¥31.1 billion (up 23% year-over-year).
According to Square Enix, Final Fantasy XV, the PlayStation 4 version of Rise of the Tomb Raider, and some of their older titles are to thank for the record numbers:
In the Digital Entertainment segment for this Fiscal Year, major launches of blockbuster series titles such as Final Fantasy XV and the PlayStation 4 version of Rise of the Tomb Raider, on top of strong download sales of previously released catalogue titles, have led to a material increase of net sales and operating income in the area of console games, compared to the prior fiscal year.
In the area of massively multiplayer online role playing games, revenues from operation has been showing steady performance while net sales and operating income declined significantly compared to the prior fiscal year mainly due to the absence of expansion disk releases during the fiscal year ended March 31, 2017.
In the slides portion of their financial results, Square Enix mentioned Deus Ex: Mankind Divided as another contributor to increased net sales.
Square Enix also highlighted Final Fantasy Brave Exvius, Hoshi no Dragon Quest, and Dragon Quest Monsters Super Light as strong performers in their smart devices/PC browser segment.
Elsewhere in their report, Square Enix said they “established a robust pipeline from which 1-2 blockbuster titles as well as multiple mid-size titles are constantly launched every year.”
Although Square Enix listed Kingdom Heart 3, Final Fantasy VII Remake, and the Marvel IP License in their upcoming titles lineup, the release dates for all three are “to be announced.”