Tuesday, November 5, 2013

IGN All: Final Fantasy XIV Success Lifts Square-Enix's Fortunes

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Final Fantasy XIV Success Lifts Square-Enix's Fortunes
Nov 5th 2013, 12:01, by Keza MacDonald

Final Fantasy XIV: A Realm Reborn's stronger-than-expected performance has helped Square-Enix back into expected profits, the firm's six-monthly financials have revealed.

FFXIV now has 1.5 million registered players, and a PS4 version is in production. It has exceeded Square-Enix's expectations, and the company now expects to make a 4.7bn yen operating profit for the period. Success in the Japanese arcades has also contributed to the upturn in Square-Enix's fortunes, following a rocky 2013 in which President Yoichi Wada stepped down after the fiscal year ended in a huge loss.

The year ahead for Square-Enix looks promising, with new Deus Ex, Sleeping Dogs, Hitman and Thief games in production. Following Tomb Raider's success earlier this year - it sold more than 3.5m copies, which nonetheless fell short of Square-Enix's hugely optimistic 5m projection - we can expect that Crystal Dynamics will have something to announce next year as well.

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