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Square Enix cashes in on smartphone games, eyes growth in China

Square Enix attracts a huge number of people hoping to play its "New Final Fantasy 14" at a recent game fair in China.

TOKYO -- Square Enix Holdings is getting back on its feet, largely thanks to strong earnings from fee-based online and smartphone games, which the company has positioned as a main pillar of growth.

     The video game company climbed back into the black in fiscal 2013, which ended in March, a turnaround from the group operating loss it incurred the previous year. The company's recovery is expected to gather steam if its overseas operations, including the release of a popular online game in China this summer, prove successful.

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