Hiku said:
Chrkeller said:
Eventually will grab it on Steam, in Square's court on when that is. Square makes some nice games but I wish they would take PC seriously. Integrade is $70 which is absurd. Rebirth will hit PC at some point but not day 1. And 16 isn't on PC yet. Square has to be missing out on a crap ton of money. Glad to see rebirth scoring well. 7 was always my favorite rpg. |
This might be referring to Steam, but I wouldn't be surprised if it's an Epic Games Store deal starting May 29, and Steam is 1 year away. Farsala said:
Afaik Square is doing pretty good lately, if not great. A recent article published about the top 300 richest companies in Japan, ie the companies with a lot of wealth and not much debt. |
I don't know how SE are doing. But they've taken several big, even massive financial L's in recent years.
- Marvel's Avengers (iirc it cost them 200+ million)
- Babylon's Fall
- Balan Wonderworld
- Forspoken (Square Enix president Yosuke Matsuda said sales of the game had been "lacklustre") But of course they've done well with other games, so it's probably mostly positive, unless Avengers cost them too much. |
Overall SE is in a very good (if tad odd) position, but with some quite public failures. 2021 marked their highest net income report in 20 years, and then 2022 nearly doubled it. 2023 sustained the huge increase but with a slight decrease. That's essentially the story. Their stock has performed well over the last decade but has flattened in the last few years. This aligns with a company investors believed would see significant growth, which it did, and then levelled off at that new peak.
I think SE's failings are a frequent topic of discussion is linked to their success. The company, profit-wise, is doing very well. And it seems they're reinvesting some of that profit into higher risk projects. When those succeed, it's business as usual. When they fail, it becomes a big talking point.
This situation can't continue forever, but for now, SE is being subsidized by a few massively profitable successes (e.g., FF14), and they're leveraging those profits to discover the next big thing. That entails many failures, and hopefully, the actual "next." Their FY24/25 reports will reveal a lot about their current direction.
