Games World
Games World has moved to a new server. You can now find us at

http://bit.ly/gamesworld

Please Register on that server. Thanks

VP

Square Enix Slashes Financial Forecast (Kotaku 12/2/09)

View previous topic View next topic Go down

Square Enix Slashes Financial Forecast (Kotaku 12/2/09)

Post by VampiricPadraig on Thu Feb 12, 2009 6:27 am

Square Enix has finally released its financials, including a revised forecasts for this financial year — ending March 31, 2009. Sales and income are expected to be down.

According to Square Enix, the company's new net sales forecast is 16.9 percent lower than previously thought. Net income is expected to be down 62.5 percent.

What's the cause of the slashed forecasts? It's offline games and Taito amusement division are expected to underperform for the rest of the year.

"While the results for games (online), mobile phone content, publishing and others segments have been progressing at a rate exceeding the figures previously planned," Square Enix stated in a release, "amusement (Taito) and games (offline) segments are projected to underperform the figures previously planned due to severe business environment for amusement, and the adjourned release of a major game software, which was originally announced to be released in March 2009." That, of course, refers to the DQIX delay.

_________________

Moderation Colour #F87431




Twitter | Blog
GamesWorld Blog
This forum has been active for 3243 days ^^
avatar
VampiricPadraig

Number of posts : 881
Age : 25
Location : Monaghan, Ireland
My Mood :
Points : 863
Reputation : 9
Registration date : 2008-11-30

http://www.bebo.com/VampiricPadraig

Back to top Go down

View previous topic View next topic Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum