• 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

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

Why GTA 6 Gameplay Is Coming To NETFLIX First

Why GTA 6 Gameplay Is Coming To NETFLIX First

20 Games That We Are ADDICTED to Right Now

20 Games That We Are ADDICTED to Right Now

Trying Every GAME OF THE YEAR Game in 2026

Trying Every GAME OF THE YEAR Game in 2026

EVOLUTION of Web Swinging in Spider-Man Games

EVOLUTION of Web Swinging in Spider-Man Games

Marvel Tokon: Fighting Souls - Before You Buy

Marvel Tokon: Fighting Souls - Before You Buy

TAKE TWO BOSS RESPONDS TO NO DISCS, GTA6 GAMEPLAY ANNOUNCED & MORE

TAKE TWO BOSS RESPONDS TO NO DISCS, GTA6 GAMEPLAY ANNOUNCED & MORE

What The HELL IS GOING on With The PS6?

What The HELL IS GOING on With The PS6?

Crimson Desert (5 months later) - Before You Buy

Crimson Desert (5 months later) - Before You Buy

10 Recent Game Mechanics That Are GENIUS

10 Recent Game Mechanics That Are GENIUS

Category: Updates

Sidebar

Recent Posts

  • 50 Cent and Vice Sign Up To Adapt Video Game IP Payday To Hollywood
  • Rumor: Samara Weaving Is Playing The Goddess Hylia In The Legend Of Zelda Movie
  • PS5 With Unrepairable System Boot Failure Issue Spreads Online
  • The TGAs Return To The Peacock Theater This December 10, 2026
  • Strauss Zelnick Believes GTA 6 Will Exceed Expectations, But Take-Two Never Claims Victory Beforehand

Copyright © 2026 · Gameranx · All Rights Reserved · Powered by Mai Theme