Square Enix to File For Bankruptcy? Earnings Down 91%, Final Fantasy XIV to Blame

most viewed right now
 143
 Meek hurt Drake more than I thought..
32 comments
@hiphop
most viewed right now
 137
 NBA Jalen Rose says Kyrie hopes Cleveland beats Boston
26 comments
@sports
most viewed right now
 90
 NBA Old dude snitches on the goat mario chalmers
15 comments
@sports
most viewed right now
 78
Image(s) inside Damn! Tina Fey Is Getting Thick
66 comments
@thotsdimesetc

section   (0 bx goons and 1 bystanders) Share this on Twitter   Share this on Facebook
 

Props Slaps
 7 years ago '04        #1
7407 pageviews
77 comments


The Go 2 Guy 31 heat pts31
space
space
space
$3,716 | Props total: 11 11
Square Enix to File For Bankruptcy? Earnings Down 91%, Final Fantasy XIV to Blame
 

 
Square Enix to File For Bankruptcy? Earnings Down 91%, Final Fantasy XIV to Blame.


[pic - click to view]

 Square Enix Reduces Earnings Forecasts by 91%



[pic - click to view]




It seems last week's Final Fantasy XIV kerfuffle had even more fallout than we thought. In an announcement on the company's official corporate site today, Square Enix drastically reduced its earnings forecasts for the remainder of the fiscal year from 12 billion yen (approx. $142.4 million USD) to just 1 billion yen ($11.9 million) - a decrease of 91.7%

In explaining the move, the company cited the delay of Deus Ex: Human Revolution as well as Final Fantasy XIV failing to achieve "the level of customer satisfaction that fans of our FINAL FANTASY franchise have come to expect." The delay of the PlayStation 3 version was also a factor, as it will almost certainly come out after the fiscal year ends in March 2011.

Only one month ago the company revised its figures for the first half of the fiscal year to reflect "relatively slower growth" of new game sales. While these numbers all look bad in comparison to last year's, it's worth pointing out that 2009 was a record year for Square Enix. Still, at least one Japanese blog is calling this "the beginning of the end."

77 comments for "Square Enix to File For Bankruptcy? Earnings Down 91%, Final Fantasy XIV to Blame"

 7 years ago '04        #2
ruff 6 heat pts
space
avatar space
space
$26,907 | Props total: 3391 3391
Time to buy stock.
 7 years ago '05        #3
nahsuhmeanz 
space
avatar space
space
$10,013 | Props total: 3038 3038
 7 years ago '04        #4
Da Ill One|M 4602 heat pts4602
space
avatar space
space
$45,544 | Props total: 5068 5068
Guess they should bring more games out instead of banking on the same one...

how about instead of making new wack Final Fantasies every year... you bring out a new Sword of Mana for next gen consoles... or here's a thought how about you put out Kingdom Hearts III you f**king lazy sons of b**ches...
 7 years ago '08        #5
AyeDre 13 heat pts13
space
avatar space
space
$10,590 | Props total: 360 360
Kingdom Hearts III would bring them out the dumps. Although the only Square Enix game i liked was FFX
 7 years ago '05        #6
JaiMega 
space
avatar space
space
$15,133 | Props total: 18 18
Damn they f**ked up. Nobody liked XIV
 7 years ago '09        #7
ShadyVsEminem 248 heat pts248
space
avatar space
space
$22,137 | Props total: 7134 7134
Never could get into the Final Fantasy games at all,iv tried a few from 7 upwards but just not my thing at all.Never usually nice to see s**t like this happen though
 7 years ago '04        #8
A.G 27 heat pts27
space
space
space
$39,755 | Props total: 4590 4590
Good riddance to the s**tty a.ss Final Fantasy series, wack a.ss Square Enix and their gay fanboys.
 12-16-2010, 04:52 PM         #9
Kuchiki_Byakuya 
space
space
space
$n/a | Props total:  
Serves them b**ches right.
 12-16-2010, 04:52 PM         #10
DEE JAY 
space
space
space
$n/a | Props total:  
 AyeDre said:
Kingdom Hearts III would bring them out the dumps. Although the only Square Enix game i liked was FFX
Also a FF7 remake.
 7 years ago '04        #11
Rufus The Stunt 
space
space
space
$4,355 | Props total: 0 0
They know exactly what they need (and probably will) do...the people have already told them what they're willing to put their money into
 7 years ago '04        #12
The Go 2 Guy 31 heat pts31 OP
space
space
space
$3,716 | Props total: 11 11
stop making kingdom of hearts for psp only and push it more towards console owners such as PS3. we all know piracy has a big impact on the psp and it's harder to bootleg a game on a ps3, so release it on ps3 and problem solved. but yeah, the last ff they made didn't sell too well either lol
 7 years ago '08        #13
AyeDre 13 heat pts13
space
avatar space
space
$10,590 | Props total: 360 360
 DEE JAY said:
Also a FF7 remake.
I would agree but for some reason I feel like they would f**k it up.



if they didn't change ANYTHING then I would be fine with it. Just up the graphics...add s**t to gold saucer then I would be cool.

Remake 8-9 too. Them s**ts were dope too
 7 years ago '04        #14
Liquid-Science 28 heat pts28
space
space
space
$17,506 | Props total: 806 806
 akademiks said:
Good riddance to the s**tty a.ss Final Fantasy series, wack a.ss Square Enix and their gay fanboys.
I concur

 7 years ago '05        #15
PhrozenMenace 
space
avatar space
space
$14,470 | Props total: 2090 2090
 Kuchiki_Byakuya said:
Serves them b**ches right.
fa sho
 7 years ago '05        #16
Bigrel 7 heat pts
space
avatar space
space
$810 | Props total: 414 414
 Tsukuyomi said:
@intoxicated

oh and let the PSP die even faster? Nah dude... I'm not even into rpg games like Final Fantasy or Kingdom Hearts but if the PSP gets more exclusives with those names, at least that's more software sales for the PSP. It's pretty weak in America anyway...

I'd take a PSP over a ps3 anyday...

 7 years ago '04        #17
GoSensGo 13 heat pts13
space
avatar space
space
$3,884 | Props total: 591 591
Serves 'em right.. They're becoming the new EA..

Final Fantasy XIII was a disaster.. The first time I ever quit an FF game in my life..

s**t, you see all the deals they've had on the game lately? You can buy it for less than $20 and it hasn't even been out a year..
 12-16-2010, 09:46 PM         #18
Chopzilla 
space
space
space
$n/a | Props total:  
 akademiks said:
Good riddance to the s**tty a.ss Final Fantasy series, wack a.ss Square Enix and their gay fanboys.
 7 years ago '05        #19
Bigrel 7 heat pts
space
avatar space
space
$810 | Props total: 414 414
o, i have em both and i hardly ever touch my psp. the graphics are fed for a handheld but its more comfortable for me to look straight at the tv then look down at the psp for two or three hours
 7 years ago '08        #20
606robin 24 heat pts24
space
avatar space
space
$5,914 | Props total: 4004 4004
FF7 (Remake) & Kingdom Hearts 3 an you got a deal

s**t them games go hard
Home      
  
 

 






most viewed right now
 52
Video inside Jose Guapo out here down bad
50 comments
19 hours ago
@misc
most viewed right now
 51
Image(s) inside TAYLOR BANNER out here looking like something to eat! 🌱
65 comments
22 hours ago
@thotsdimesetc
most viewed right now
 38
NBA Richard Jefferson Spitting Game At Savannah James
38 comments
21 hours ago
@sports
most viewed right now
 31
Image(s) inside 🐰 Perfect Snowbunny.IMPOSSIBLE DECISION🐰
104 comments
18 hours ago
@thotsdimesetc
most viewed right now
 29
2008-2018: The New Wave Where are they Now?
122 comments
23 hours ago
@hiphop
most viewed right now
 27
Lil Baby got picked up off the street and already outsold every Young Thug pro..
107 comments
21 hours ago
@hiphop
most viewed right now
 25
Video inside k dot kicks w**** girl off stage for n****
603 comments
23 hours ago
@hiphop
most viewed right now
 14
NBA Jayson Tatum is 1-dimensional.
94 comments
18 hours ago
@sports
back to top
register contact Follow BX @ Twitter Follow BX @ Facebook search BX privacy