• 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 Posts Loss for the First Quarter

August 7, 2012 by Alex Co

Square Enix has released their latest financial report and it doesn’t look pretty.

Square Enix has announced their earnings report for the first quarter and the publisher has posted a net loss of 2,077 million Yen.

Total sales for the three-month period through fiscal year June 2012 reached 24,914 million Yen, this is on par with last year's earnings of 24,529 million Yen. Overall, the company posted an operating loss of 1,163 million Yen, which is a major loss compared to last year's operating profit of 2,178 Yen. Last year, Square Enix saw a net profit of 690 million Yen. 

The publisher is putting the blame for this year's loss on poor console game sales. 

In addition to this, Square Enix's digital entertainment division, which also includes videogames, saw sales of 11,336 million Yen, down 3.9% from the previous year. The digital division saw an overall operating loss of 111 million Yen this year, while it saw an operating gain of 2,384 million Yen last year.

Square Enix has also released the official press statement and earnings report.

Hopefully, Square's upcoming games like Sleeping Dogs and Hitman: Absolution will net them some pretty coin to reverse their fortunes.

Which Square Enix game are you most excited to play in the future? 

Source: Andriasang

Share this post:

FacebookTwitterLinkedInPinterest

Recent Videos

10 Games That Turned Into MICROTRANSACTION HELLS

10 Games That Turned Into MICROTRANSACTION HELLS

10 GENIUS moments in Flop Games

10 GENIUS moments in Flop Games

10 Games That RUINED Single Player Games For Us

10 Games That RUINED Single Player Games For Us

20 LEGENDARY Games Worth Revisiting in 2025

20 LEGENDARY Games Worth Revisiting in 2025

CHEATER FINED $175000, RED DEAD ONLINE RETURNS? & MORE

CHEATER FINED $175000, RED DEAD ONLINE RETURNS? & MORE

What The HELL is GOING on With Xbox?

What The HELL is GOING on With Xbox?

10 LOCKED Areas Developers Didn't Think WE'D UNLOCK

10 LOCKED Areas Developers Didn't Think WE'D UNLOCK

Top 25 NEW Games of 2025 [Second Half]

Top 25 NEW Games of 2025 [Second Half]

10 WEIRD Gaming Stories of June 2025

10 WEIRD Gaming Stories of June 2025

Category: Updates

Sidebar

Recent Posts

  • Rumor: Multiple Fallout Games Are In Development, Including “The One You’re All Wanting”
  • Pokémon Go: Gigantamax Lapras Max Battle Day Schedule and Bonuses
  • Pokémon Go – Ultra Unlock: Steel and Scales Schedule and Bonuses
  • Assassin’s Creed IV: Black Flag Steam Page Gets Some New Unexpected Updates
  • Roblox The Squid Game Gives One Person A Harsh Realization

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