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of Dominic Zwingmann –
The new Square Enix annual report indicates that the publisher has recently suffered an extraordinary loss of $ 33 million. According to the company, the restructuring of the developer Luminous Productions is responsible. Following the departure of the game director, Hajime Tabata, the team is currently working on a new AAA title for the global market.
The publisher Square Enix has released the new annual report for the quarter ended this week. Among other things, the company had to accept an extraordinary loss of 33 million US dollars. The main reason why Square Enix has called the restructuring of the newly founded Luminous Productions development studio. In collaboration with game director Hajime Tabata, the former developers of Final Fantasy 15 worked on a AAA game as well as additional entertainment content.
After announcing this morning that Hajime Tabata was no longer working with Square Enix, Square Enix also announced the new direction of Luminous Productions. So, in the future, the studio will only work on a new AAA title intended for the global market. That it is always the project of Hajime Tabata, remains to be determined. In addition, Square Enix has generally failed a quarter.
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Compared with the previous year, sales fell by 15%. Despite the release of Shadow of the Tomb Raider in September, Square Enix was able to establish itself in only half of the quarter of the previous year. With Kingdom Hearts 3 in January 2019, a highlight for the publisher. At the beginning of December, Just Cause 4 will be released and we have recently been allowed to test it ourselves.
via PCGamesN
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