The lights are on
Earlier this week, we reported on Square Enix's corporate restructuring, which led to layoffs in the publisher's Los Angeles office. This news came shortly after company president Yoichi Wada stepped down in the wake of significant financial losses (to the tune of 13 billion yen). Wada, who had been CEO of Square until his appointment as president of the newly merged Square Enix, has served the company for over a decade. At a recent financial briefing, his successor, Yosuke Matsuda, detailed his plans to get the company back on track.
The incoming president stated he will "fundamentally review" the operations of the publisher in order to determine "what works and what doesn't." Hopefully, this audit will see more credit given to the company's western operations, who have recently been on the receiving end of some bad news from corporate leadership. Sleeping Dogs, Hitman: Absolution, and, most recently, Tomb Raider, have all sold well by most accounts. However, leadership at the publisher has openly stated that those games have missed what turns out to be exceedingly ambitious and unreasonable sales targets. This is especially surprising in the case of Crystal Dynamics' Lara Croft reboot, which has set franchise sales records.
By contrast, the publisher's Japanese studios have been struggling of late. Most notable is the disastrous launch of Final Fantasy XIV, which was terminated and brought back to the drawing board. The major overhaul to the title, A Realm Reborn, is only now entering the beta phase. As Matsuda reviews his company's struggles, we are hopeful that more attention will be paid to the solid work coming out of North America, while the Japanese studios are brought back to their former glory.
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I'm just wondering what they put the sales # for TR, Sleeping Dogs, and Hitman at, cause both Hitman and TR sold over 3million copies, which is pretty damn good. And I personally think that Sleeping Dogs sold well at 1.5million, considering it was a new IP and really wasn't that marketed. And as for FF14, I think the Realm Reborn is shaping up to be pretty good, which isn't saying much, seeing as the original FF14 literally sky-bombed. This is just my opinion, but I honestly think they should just give up on the FF series. The last good one was 10, and 12 was pretty good, but the 13s were just awful in comparison to its predecessors. I really hope 15 gives us something better.
They've got the talent and the titles available to be an absolute power-house publisher/developer. I really hope this restructuring will add some realism and common sense to the upper mngmt so they can get out of their bind.
The PS4 FF title will do well, I'm sure. I look forward to seeing the Director's Cut of Deus Ex if it releases soon. I will always have a soft spot for Square Enix, but when they hold back on titles fans clamor for (IE FFVII remake when nearly every other title has been remade or is in the works to be remade and the apparent vapor title Versus 13), it is hard to defend them. If the new President addresses even one of these two (I would prefer Versus, as the FFVII remake will likely only make fans of the series angry if and when it does release as it can never live up to the hype at this point, possibly true of Versus as well), it could go a long way in winning back many fans. I personally loved both Tomb Raider and Deus Ex.
Well, I hope they see hat Square is insanely talented, despite sales numbers.
I really hope good things come from this! There is enough talent over at Square Enix to make some wonderful games. I wish the best to SE!
I like the western side of SE a lot and supported them by buying their games.
Just what they need, since they don't seem to have any direction.
Find the people who aren't developing Versus XIII and tell them to get to work.
I think this could help SE , if not they'll tank within after this coming gen
Nothing will change.