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Square Enix Reports "Extraordinary Loss" - President Resigns

This sparse document (Adobe Acrobat format) announces the resignation of Yoichi Wada from his post as president of Square Enix. This follows the revelation that the Japanese publisher anticipates an "extraordinary loss" in its next financial reporting noted in a statement (Adobe Acrobat format) with revised financial forecasts. VG247 summarizes the bad news from the revision, noting that this includes lowering the company's projected sales slightly, but involves a giant increase in losses, saying the company's previously projected 3.5 billion net income loss is now anticipated to be closer to 13 billion ($138 million USD). Word is the revision is due to slow sales of major console titles, a sluggish arcade market, and the addition of approximately 10 billion in restructuring efforts, saying: "In view of the rapidly changing environment of the game businesses, the Company has decided to implement major reforms and restructuring in its development policy, organizational structure, some business models, and others."

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16. Re: Square Enix Reports Mar 26, 2013, 10:58 nin
 
Kajetan wrote on Mar 26, 2013, 10:52:
nin wrote on Mar 26, 2013, 09:42:
namely Sleepings Dogs

YEAH! You guys didn't buy enough Sleeping Dogs!!!!!!!!
No, you didnt buy enough Hitman and Tomb Raider. Both games are considered a commercial dissapointment.

According to Teh shack, so was SD...which is a shame, as it was an excellent game.

 
http://store.nin.com/index.php?cPath=10
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    Date Subject Author
  1. Mar 26, 09:21 Re: Square Enix Reports BitWraith
  3. Mar 26, 09:31  Re: Square Enix Reports InBlack
  8. Mar 26, 09:52   Re: Square Enix Reports Beamer
  9. Mar 26, 09:55    Re: Square Enix Reports zombiefan
  11. Mar 26, 10:11    Re: Square Enix Reports InBlack
  13. Mar 26, 10:19     Re: Square Enix Reports ASeven
  14. Mar 26, 10:43     Re: Square Enix Reports Mr. Tact
  2. Mar 26, 09:31 Re: Square Enix Reports avianflu
  4. Mar 26, 09:33 Re: Square Enix Reports Xero
  6. Mar 26, 09:42  Re: Square Enix Reports nin
  7. Mar 26, 09:48   Re: Square Enix Reports wtf_man
  53. Mar 26, 16:23    Re: Square Enix Reports netnerd85
  10. Mar 26, 10:04   Re: Square Enix Reports Verno
  12. Mar 26, 10:17    Re: Square Enix Reports ASeven
  15. Mar 26, 10:52   Re: Square Enix Reports Kajetan
>> 16. Mar 26, 10:58    Re: Square Enix Reports nin
  17. Mar 26, 11:00    Re: Square Enix Reports Verno
  18. Mar 26, 11:02    Re: Square Enix Reports NKD
  19. Mar 26, 11:07     Re: Square Enix Reports Lorcin
  26. Mar 26, 11:35      Re: Square Enix Reports Verno
  60. Mar 26, 19:58      Re: Square Enix Reports Mordecai Walfish
  20. Mar 26, 11:08    Re: Square Enix Reports Wolfox
  21. Mar 26, 11:10     Re: Square Enix Reports nin
  31. Mar 26, 11:53     Re: Square Enix Reports Kajetan
  32. Mar 26, 12:31      Re: Square Enix Reports Jerykk
  34. Mar 26, 12:37       Re: Square Enix Reports Verno
  36. Mar 26, 13:22        Re: Square Enix Reports Agent.X7
  37. Mar 26, 13:24         Re: Square Enix Reports Creston
  39. Mar 26, 13:33          Re: Square Enix Reports Beamer
  40. Mar 26, 13:37           Re: Square Enix Reports Creston
  41. Mar 26, 13:45            Re: Square Enix Reports Beamer
  42. Mar 26, 14:26             Re: Square Enix Reports SimplyMonk
  58. Mar 26, 17:35              Re: Square Enix Reports Beamer
  59. Mar 26, 19:48               Re: Square Enix Reports Kedyn
  44. Mar 26, 15:02             Re: Square Enix Reports Quboid
  45. Mar 26, 15:14              Re: Square Enix Reports Agent.X7
  46. Mar 26, 15:16           Re: Square Enix Reports Agent.X7
  57. Mar 26, 17:23            Re: Square Enix Reports Beamer
  38. Mar 26, 13:27         Re: Square Enix Reports SimplyMonk
  47. Mar 26, 15:31      Re: Square Enix Reports Kedyn
  48. Mar 26, 15:34       Re: Square Enix Reports nin
  50. Mar 26, 16:14       Re: Square Enix Reports Kajetan
  51. Mar 26, 16:17        Re: Square Enix Reports Kedyn
  25. Mar 26, 11:33   Re: Square Enix Reports El Pit
  29. Mar 26, 11:45    Re: Square Enix Reports nin
  5. Mar 26, 09:36 Re: Square Enix Reports Verno
  22. Mar 26, 11:12 Re: Square Enix Reports deqer
  23. Mar 26, 11:15 Re: Square Enix Reports Xero
  24. Mar 26, 11:19 Re: Square Enix Reports Hellbinder
  27. Mar 26, 11:38 Re: Square Enix Reports NegaDeath
  28. Mar 26, 11:45  Re: Square Enix Reports InBlack
  30. Mar 26, 11:47   Re: Square Enix Reports nin
  33. Mar 26, 12:36 Re: Square Enix Reports Creston
  35. Mar 26, 13:20 Re: Square Enix Reports SimplyMonk
  49. Mar 26, 16:13  Re: Square Enix Reports Flatline
  52. Mar 26, 16:20   Re: Square Enix Reports Verno
  43. Mar 26, 14:47 Re: Square Enix Reports Gadzooks
  54. Mar 26, 16:53 Re: Square Enix Reports Redmask
  55. Mar 26, 17:12  Re: Square Enix Reports Kedyn
  56. Mar 26, 17:14 Re: Square Enix Reports Bubicus
  61. Mar 27, 12:53 Re: Square Enix Reports Verno
  62. Mar 28, 05:06  Re: Square Enix Reports Jerykk
  63. Mar 28, 14:40   Re: Square Enix Reports Verno


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