Square Enix Records Significant Sales Drop
Though Square Enix faced a substantial decline in sales during Q1 of the current fiscal year, partly due to fewer new game releases and distribution on new platforms, their MMO and mobile game sales also dropped. However, improved cash flow partially offset these losses thanks to reduced production investments. Despite launching Bravely Default HD on Nintendo Switch 2 and Final Fantasy 16 on Xbox Series, the financial results remained negative.