Square Enix Returns to Profit

Square Enix has released its Fiscal Year 2013 financial report, which shows that the company has returned to profit after years of being in the red.  The company has posted a profit of $65 million, which is up from the previous Fiscal Year where they lost $135 million.

Thief, Tomb Raider: Definitive Edition, and Final Fantasy X/X-2 HD Remaster were all star-performers having favorable sales.  However, it was Final Fantasy XIV: A Realm Reborn that turned around the publisher’s fortunes.  The MMORPG has nearly 2 million subscribers across PS4, PS3 and PC, which is likely to grow thanks to favorable reviews.

Square Enix is also teasing future upcoming projects. In the report, the publisher mentions that it has, “large-scale online titles developed by Western studios starting from the fiscal year ending March 2015.”  What could these games be?  Perhaps Square Enix will lift the curtain on these titles at E3 2014.

The company’s expectations for Fiscal Year 2014 are similar to what was revealed today. Alongside the unannounced large-scale developments, Square Enix expects an increased income thanks to its current online titles.