• Skip to main content
  • Skip to header right navigation
  • Skip to site footer
Gameranx

Gameranx

Video Game News, Lists & Guides

  • News
  • Features
  • Platforms
    • Xbox Series X
    • PS5
    • Nintendo
  • Videos
  • Upcoming Games
  • Guides
  • News
  • Features
  • Platforms
    • Xbox Series X
    • PS5
    • Nintendo
  • Videos
  • Upcoming Games
  • Guides

Sony Sells its Entire Stake in Square Enix

April 16, 2014 by Stephen Daly

PS4 makers nets 4.8 billion yen from sale of Square Enix shares.

Sony Computer Entertainment has announced that it has sold all of its 9,520,000 Square Enix shares to a company called SMBC Nikko Securities, Eurogamer reports. 

The exact price of the shares will be revealed tomorrow while an income of nearly 4.8 billion yen will be recorded in Sony's financial report for the year ending March 31st, 2015. 

Sony's annual fiscal report for the year which ended in March 31st, 2014 hasn't been released yet – that's set for May 14th – and the forecast for the year ahead will include the sale of the shares. 

Apart from the obvious financial boost to Sony as a result of the sale share, no explicit reason has been given for the decision which marks the separation of two major Japanese gaming companies. Final Fantasy has had a big presence on Sony's platforms over the years and it's unclear to what extent the share sale will impact on the companies' business relationship. 

Final Fantasy 14: A Realm Reborn, which was released on PS4 this week, now has two million subscribers, an increase of 500,000 in the past six months and Square Enix has returned to profit in part because of the relaunched game's success. 

Share this post:

FacebookTwitterLinkedInPinterest

Recent Videos

Game of Thrones: Kingsroad - Before You Buy

Game of Thrones: Kingsroad - Before You Buy

Elden Ring Nightreign: 10 Things You NEED TO KNOW

Elden Ring Nightreign: 10 Things You NEED TO KNOW

Top 10 NEW Games of June 2025

Top 10 NEW Games of June 2025

What The HELL is Going on With UBISOFT?

What The HELL is Going on With UBISOFT?

10 Things ONLY RPG Gamers Will UNDERSTAND

10 Things ONLY RPG Gamers Will UNDERSTAND

20 WORST Video Game Endings EVER

20 WORST Video Game Endings EVER

25 Upcoming MEDIEVAL Games You SHOULDN'T MISS

25 Upcoming MEDIEVAL Games You SHOULDN'T MISS

GTA 4 REMASTER LEAKED? UBISOFT DELAYS ALL BIG GAMES & MORE

GTA 4 REMASTER LEAKED? UBISOFT DELAYS ALL BIG GAMES & MORE

The Precinct - Before You Buy

The Precinct - Before You Buy

Category: Updates

Sidebar

Recent Posts

  • Fortnite: How to Recruit Mandalorian
  • Roblox Dead Spells Best Classes Guide
  • What Does “CCU” Mean In Roblox Grow A Garden?
  • Resident Evil 9 Was Originally An Open World Multiplayer Game
  • Roblox Dress To Impress Pass Guide

Copyright © 2025 · Gameranx · All Rights Reserved · Powered by Mai Theme