• Square Enix suffers drop in sales and profits

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    July 18th, 2009ThelmaUncategorized

    Final Fantasy and Dragon Quest publisher, Square Enix, has announced full year financial results for the twelve months ending March 31, 2009, noting that both sales and profits dropped during that time.

    The company, which recently acquired Tomb Raider publisher Eidos, saw revenues fall by 8 per cent compared to the previous year at JPY 135.7 billion (USD 1.44 billion), while net income dropped 31.1 per cent to JPY 6.3 billion (USD 67 million).

    Despite that, the company ended the year in a strong cash position, up JPY 400 million (USD 4.25 million) to JPY 111.9 billion (USD 1.2 billion), while the total dividend payout will be JPY 3.45 billion (USD 36.7 million).

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