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  • Blog Post: Following Rumors, Square Enix Confirms Departure of CEO Mike Fischer

    Last month wasn't a terribly good one for Square Enix. Not only did the studio report significant operating losses , but also laid off staff in its Los Angeles and European operations. We reported on rumors last month that Mike Fischer, CEO of Square Enix America, would be departing. According to... More
  • Blog Post: Square Enix Posts Six Billion Yen Operating Loss, Blames North America and Europe

    Square Enix has had a difficult fiscal year, as evidenced by its fiscal year 2013 financial reports. We expected that the financial statements would be covered in red ink, but things are a bit worse than anticipated. For the year ending March 31, 2013, Square Enix posted an operating loss of 6.081 billion... More
  • Blog Post: [Updated] Layoffs Hitting Square Enix In Europe

    [Update] Square Enix has provided us with the following statement regarding the layoffs. “We are reviewing our [Square-Enix] business in Europe to ensure we have the right structure, content and skills for the changing entertainment landscape. We do expect changes to the UK office, which will affect... More
  • Blog Post: New Square Enix President To Review Entire Company

    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... More
  • Blog Post: Tough Times, Low Sales Numbers Force Square Enix's Wada To Resign

    Square Enix president and CEO Yoichi Wada has stepped down in the wake of a disappointing fiscal year forecast, lower-than expected sales of some of its big hits, and a changing industry environment. A major restructuring is now underway. Wada's departure still has to be ratified via a shareholder's... More
  • Blog Post: We're Not Getting A Final Fantasy VII Remake For Awhile

    If Square Enix decides to remake Final Fantasy VII someday, it'll be once the publisher feels it created a Final Fantasy game that exceeds the quality of the 1997 PlayStation classic. President and CEO Yoichi Wada discussed the topic of a Final Fantasy VII remake at a recent shareholder's briefing... More
  • Blog Post: Square Has A 10-Year Plan For Deus Ex Franchise

    Square Enix hopes to extend the Deus Ex franchise over the next 10 years as part of the company's plan to be a top three publisher in the next five years. "We have dozens of IPs, some of which we wish to build into franchises," Square Enix's Yoichi Wada told MCV. "Deus Ex 3 is... More
  • Blog Post: Japanese Developers "Lacking the Motivation"

    Recently, Hideo Kojima and Square Enix president Yoichi Wada criticized the prowess of their home country of Japan. Has the West finally won? It's been no secret that by-and-large, Japanese game developers have fallen behind their Western counterparts – Square Enix's own Yoichi Wada even... More
  • Blog Post: Square Enix Eyeing Social Play

    Traditional Square Enix titles inherently have players holed up in their rooms for weeks at a time, immersed in fantastical worlds through a notably single-player experience. Looking to the future, Square Enix Chief Executive Yoichi Wada wants to shift away from solo play in favor of multiplayer and... More
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