Forspoken publisher Square Enix has admitted the game's sales were 'lacklustre', and that critical reviews of the title…
"That said, its sales have been lackluster, and while the performance of new titles with February and March release dates will be the ultimate determinant, we see considerable downside risk to our FY2023/3 earnings."
Square Enix had previously told investors that this financial year would lay foundations for a new era of the company - that it would not necessarily see the same level of results as in other years with a big budget Final Fantasy blockbuster. Now, even these more modest expectations sound in doubt. "I stated that we were designating FY2023/3 as a year in which to lay the foundations that will enable us to achieve our medium-term objectives, but that we nonetheless intended to pursue YoY growth in sales and profits," Square Enix chief accounting officer Atsushi Matsuda said."In light of current conditions, however, I have to admit that this will not be easy.
Since March 2022, Square Enix has launched an avalanche of titles - many of which appear to have made little impact. The full list of games launched over the past 12 months includes Babylon's Fall, Strange of Paradise: Final Fantasy Origin, Chrono Chross: The Radical Dreamers Edition, The Centennial Case: A Shijima Story, Live a Live, Various Daylife, Voice of Cards: The Beasts of Burden, The Diofield Chronicle, Valkyrie Elysium, Vakyrie Profile: Lenneth, Star Ocean: The Divine Force, Harvestella, Tactics Ogre: Reborn, Romancing Saga, Crisis Core: Final Fantasy 7 Reunion, Forspoken, Theatrythm Final Bar...
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Supernatural visual novel Paranormasight out todayParanormasight: The Seven Mysteries of Honjo is the latest game from Square Enix. The game made its debut announcement …
Read more »
263 restaurant in Winckley Square scores three AA RosettesA 263 dish A restaurant in Preston is celebrating after becoming the first in the city to be awarded three AA rosettes. 263, on Camden Place in Preston,
Read more »
Community comes together to celebrate Beatrice Todd and the women of Winckley SquareThis International Women's Day, a remarkable Preston woman who fought strongly for women's rights was commemorated with a blue plaque in Winckley Square Gardens IWD2023
Read more »
iPhone 14 Pro vs Google Pixel 7 Pro: platform champs square upGoogle's best takes on Apple's latest
Read more »
Sporting Lisbon 2-2 Arsenal: Gunners cannot gain advantage as UEL last-16 first leg ends all squareA competitive Europa League last-16 first leg between Sporting Lisbon and Arsenal ended all square after a second-half equaliser from Mikel Arteta's side.
Read more »
Costs for losing Shrewsbury land row in Supreme Court will be 'capped' says councilA controversial planning application to build houses on public land in Shrewsbury will go back to square one, according to the council.
Read more »