TOKYO -- Square Enix Holdings saw net profit tumble 70% to 14.9 billion yen ($95.4 million) in the fiscal year ended March as Japan's video game industry grapples with ebbing pandemic-era demand and mounting development costs.
Media & Entertainment
Final Fantasy, Dragon Quest lose earnings magic for Square Enix
Japan game company takes hit from development revamp as industry stumbles
Square Enix, the developer of the hugely popular Final Fantasy and Dragon Quest, has reported a 70% net profit decline for the fiscal year ended March as it shifts its game development strategy. (Photo by Takaki Kasiwabara)
Read Next
Latest on Media & Entertainment
