Square Enix has presented its current annual report for the first half of the current fiscal year. Company-wide sales fell only slightly by 3.3 percent, which seems moderate given the global economic situation. The decline in sales was largely offset by the success of Final Fantasy XIV and the MMORPG’s new and old paying subscribers.
As is well known, countless Square Enix games will be released in the second half of the fiscal year and it remains to be seen how many of the publishers will ultimately be successful. Many of the games have the same target audience and seem close to each other.
Square Enix does not want to rely solely on that and in its annual report presented plans to further invest in blockchain and NFT technology. These plans take up several pages of the presentation.
Last week, Square Enix unveiled the new Symbiogenesis project, an NFT game par excellence. Investments have already been made in the past, including in Oasys blockchain and Blacknut. Square Enix’s mid-term plans in these areas include additional NFT projects for Shi-San-Sei Million Arthur, as well as an unannounced medieval online strategy game called block gentlemen and the NFT trading card game Cross the ages.
In addition, further investments are planned in the medium term in blockchain, cloud and NFT developers such as Animoca Brands, Ubitus and the Bitcoin platform FinTech. In other words, you really have something in mind. You can view the accompanying slides from the presentation here:
via Eurogamer, RPG Site, Square Enix, Artwork: Forspoken, Square Enix, Luminous Productions