Square Enix “Reviews and sales of ‘Force Spoken’ are tough” “The lineup will be very strong from the next term onwards”

2023.03.10

Overview of Square Enix Holdings Co., Ltd. monetary outcomes briefing on February 3, 2023

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According to the article

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Finally, I’ll clarify the outlook for the fourth quarter and the subsequent fiscal 12 months (fiscal 12 months ending March 31, 2024; the identical shall apply hereinafter).
“FORSPOKEN”, which was launched on January 24, 2023, obtained harsh opinions.However, it has additionally obtained excessive reward for its actions similar to parkour and fight, which can result in future sport improvement.
We additionally obtained good outcomes.
On the opposite hand, the gross sales state of affairs for this work is tough, and though it will depend on the progress of the brand new titles scheduled for launch in February and March, we consider that there could also be a corresponding draw back threat for this fiscal 12 months’s outcomes.

At the monetary outcomes briefing for the second quarter, I mentioned that the fiscal 12 months ending March 31, 2023 could be a stable 12 months to attain our medium-term efficiency targets, and that we might additionally purpose for year-on-year will increase in gross sales and income. In mild of this, I’ve to confess that it’s going to not be simple.
On the opposite hand, the pipeline from the subsequent fiscal 12 months onwards has a really robust lineup, together with unannounced titles. In addition, the evaluate of the event system and publishing system is anticipated to be largely accomplished in the course of the present fiscal 12 months.In order to conclude the fiscal 12 months ending March 31, 2024, which is the ultimate 12 months of the present medium-term marketing strategy, in the very best means, we’re steadily making ready a system for additional progress, so please look ahead to future developments.

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[Main questions and answers]

Q. While we are able to anticipate progress within the fiscal 12 months ending March 31, 2024 (subsequent fiscal 12 months: the identical applies under) as a result of launch of a number of main main titles, I’m involved that there will probably be a reactionary decline within the fiscal 12 months ending March 31, 2025. What measures are you contemplating to attain sustainable progress?

A. We are organizing our pipeline in order that we will launch new titles in a well-balanced method from the fiscal 12 months ending March 31, 2025 onwards, moderately than specializing in launching main titles within the subsequent fiscal 12 months. Also, please look ahead to the blockchain video games that will probably be launched after subsequent fiscal 12 months.

Q. Please inform us about your platform technique for future new titles.

A. We will proceed to advertise our present multi-platform technique.

Q. How a lot affect will FORSPOKEN, which was launched in January, have on your corporation efficiency within the fourth quarter?

A. I’ll chorus from giving a quantitative reply right now, because it has simply been launched and it will depend on the gross sales pattern following the deliberate promotional measures.

Q. The subsequent fiscal 12 months would be the remaining 12 months of your medium-term efficiency targets.

A. We are fairly assured about our medium-term efficiency targets, contemplating the present pipeline. We are presently contemplating the right way to disclose future earnings forecasts internally.

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