• 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

Square Enix Closing Shinra Cloud Service, Taking 2 Billion Yen Loss This FY

January 5, 2016 by Ryan Parreno

Hopefully, this will not adversely affect games in development.

Square Enix has confirmed they are shutting down their cloud service technologies service, Shinra Technologies, a little over a year after it was announced.

While the fictional Shinra of Final Fantasy was an overreaching corporation that had to be taken down again and again, the real life Shinra is only undergoing closure once, and the reasons are more mundane, if unfortunate.

In a press release, Square Enix explained that they could not find third party investors interested in keeping the business alive, and so they have no choice but to shut it down.

Shinra seemed to be a promising cloud service, that would have powered Square Enix’s online games, such as Final Fantasy XIV. Square was also planning to lease the service out to other game companies.

Square Enix has more immediate and real concerns. They will be taking a loss from this closure of two billion yen for this coming financial year, ending March 31, 2016. Hopefully, none of Square’s ongoing projects will be affected by this severe hit.

Were you hopeful for Shinra Technologies? Are you worried Square’s financials could adversely affect games in development? Share your thoughts with us in the comments.

Share this post:

FacebookTwitterLinkedInPinterest

Recent Videos

10 Games That Got ROBBED by Game of The Year

10 Games That Got ROBBED by Game of The Year

20 Insanely Original Games That Play Like Nothing ELSE

20 Insanely Original Games That Play Like Nothing ELSE

Battlefield 6 Desperately WANTS YOU BACK

Battlefield 6 Desperately WANTS YOU BACK

10 WORST Cash Grab Attempts by PlayStation

10 WORST Cash Grab Attempts by PlayStation

10 FPS Games With OVER THE TOP ACTION

10 FPS Games With OVER THE TOP ACTION

Top 10 NEW Exploration Games of 2025

Top 10 NEW Exploration Games of 2025

Mafia: The Old Country - Before You Buy

Mafia: The Old Country - Before You Buy

TAKE TWO RESPONDS TO GTA 6 PRICING, ANOTHER BIG GAME CANCELED & MORE

TAKE TWO RESPONDS TO GTA 6 PRICING, ANOTHER BIG GAME CANCELED & MORE

Xbox Game Pass (2025) - Before You Buy

Xbox Game Pass (2025) - Before You Buy

Category: Updates

Sidebar

Recent Posts

  • Valve Comments On The Ongoing Steam – PayPal Issue
  • Xbox Game Pass Blasted By Former PlayStation Head
  • Capcom Fighting Collection 2 Gets Update That Helps One Specific Game The Most
  • Shawn Layden Gets Candid On Video Game Pricing Controversy
  • Gamescom Exec Talks “Relationship” Show Had With E3

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