On Friday, August 4, Square Enix published a report for the first quarter of fiscal 2024, which ended on June 30. In it, the company reported a significant drop in profits.

Final Fantasy XVI is selling worse than Square Enix expected. This was stated by the company’s president Takashi Kiryu during a briefing on the results of the last quarter, Bloomberg reports, citing three people who attended the event.

This information became widespread only after the Japanese theater troupe Takarazuka Revue, which is currently preparing a musical based on Final Fantasy XVI, casually mentioned it.

Gamers around the world have bought Final Fantasy XVI over 3 million times, the Famitsu portal reports, citing a Square Enix press release.

The developers of the Japanese RPG Octopath Traveler II have announced that they have sold more than a million copies of the game in three and a half months. They did not provide a breakdown by platform.

Square Enix reported that users around the world have bought the Final Fantasy Pixel Remaster series games over 2 million times. How sales were distributed across platforms is not specified.

Steam users were disappointed with the remake of The Portopia Serial Murder Case, a new Square Enix game that added a neural network. Within a day of its release, it received 90% negative reviews.

Square Enix and Luminous Productions could spend over $100 million on the development of Forspoken. This figure was revealed in her LinkedIn profile by the screenwriter of the game Allison Rymer (Allison Rymer).

Square Enix, in a presentation to investors, confirmed that Forspoken sold worse at the start than the company expected. She did not name the number of copies sold, but noted that sales were “low.”

Yosuke Matsuda is preparing to leave the post of president of Square Enix. Instead, Takashi Kiryu, who now holds the position of Director of Strategic Development, will become the head of the Japanese company.

A court session was held in Tokyo, where the case of Yuji Naka, a game designer accused of insider trading in shares of Final Fantasy VII developers, was examined: The First Soldier. The former head of Sonic Team pleaded guilty.

Square Enix is restructuring. She said that from May 1, Luminous Productions will cease to operate as a separate subsidiary studio and will become part of Square Enix.

The Japanese company Square Enix reported for the last three fiscal quarters (ended December 31, 2022). According to their results, both revenue and profit fell.

On January 31, the original Final Fantasy VII turned 26 years old. In honor of the anniversary of the game, producer Yoshinori Kitase announced that sales of the project have reached 14.1 million copies.

Translator Yasmina Casado González noticed that the authors of Forspoken selectively approached the compilation of titles. For example, they listed the names of contractor companies instead of the names of specific specialists from these companies.

Japanese Square Enix announced that Bravely Default: Brilliant Lights will stop working on February 28, 2023. It has become difficult for the company to maintain the game at the required level.

The former head of Sonic Team will appear in court. According to the Japanese publication NHK, the Tokyo prosecutor’s office has officially accused Yuji Naka of insider trading in shares of the developers of the Final Fantasy VII mobile game: The First Soldier.

Square Enix has shared the latest sales data for the tactical RPG Triangle Strategy. The company announced that to date, the title has been bought more than a million times — both in “digital” and in the form of cartridges.

Japanese police detained Yuji Naka for the second time in the last month. Now he was suspected of insider trading in shares of Ateam Studio, the co—developer of Final Fantasy VII: The First Soldier.