Categories: Wire Stories

Square Enix Holdings Co., Ltd. Announces Financial Results for the Nine-month Period Ended December 31, 2021

TOKYO–(BUSINESS WIRE)–SQUARE ENIX HOLDINGS CO., LTD. (the �Company”) today announced consolidated results for the nine-month period ended December 31, 2021 (the “Period”). The Company is listed on the First Section of the Tokyo Stock Exchange, with the stock code “9684,” and prepares its financial statements according to the Japan GAAP.

Key Figures

 

(millions of yen, except percentages and per share data)

?

9 months actual

9 mos. ended 12/21

9 mos. ended 12/20

YoY change

Net sales

273,627

253,643

7.9

%

Operating income

50,138

41,022

22.2

%

Ordinary income

54,441

38,703

40.7

%

Profit attributable to owners of parent

39,844

18,371

116.9

%

EPS, basic

333.44 yen

153.96 yen

?

 

 

 

 

Full year

Forecast

FY ending 3/22

Actual

FY ended 3/21

YoY change

Net sales

340,000

332,532

2.2

%

Operating income

50,000

47,226

5.9

%

Ordinary income

50,000

49,983

0.0

%

Profit attributable to owners of parent

35,000

26,942

29.9

%

EPS, basic

292.90 yen

225.75 yen

?

Yes change in consolidated forecasts from the previous announcement.

The Company has applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29; March 31, 2020) and other standards as of the start of the first quarter of the consolidated fiscal year ending March 31, 2022 and figures for the year ending March 31, 2022 reflect this change of accounting method.

For additional information, please refer to the full-length Consolidated Financial Results document at: https://www.hd.square-enix.com/eng/22q3earnings.pdf, or the Company’s IR website: https://www.hd.square-enix.com/eng/ir/.

In the Digital Entertainment segment, the HD (High-Definition) Game sub-segment, the nine-month period ended December 31, 2021 saw the release of such titles as “OUTRIDERS,” “NieR Replicant ver.1.22474487139…,” and “Marvel’s Guardians of the Galaxy.” However, the sub-segment’s net sales declined compared to the same period of the previous fiscal year, which had seen the release of such titles as “FINAL FANTASY VII REMAKE” and “Marvel’s Avengers.”

In the MMO (Massively Multiplayer Online) Game sub-segment, sales rose compared to the same period of the previous fiscal year, due not only to a sharp rise in the number of monthly paying subscribers for “FINAL FANTASY XIV,” but also to the release of an expansion pack for the title.

The Games for Smart Devices/PC Browser sub-segment saw somewhat weak performances from existing titles, but its net sales rose compared to the same period of the previous fiscal year due to the application of revised revenue recognition standards.

In the Amusement segment, compared to the same period of the previous fiscal year, the nine-month period ended December 31, 2021 saw net sales rise and a turn to profit at the operating line because the segment had sustained significant impact the previous year from the temporary closure of amusement facilities in Japan, a move undertaken to combat the spread of COVID-19 in response to the Japanese government’s declaration of a state of emergency.

In the Publication segment, sales of e-books and other digital media rose in the nine-month period ended December 31, 2021. Sales of printed media were also solid, resulting in higher net sales and operating income than in the same period of the previous fiscal year.

In the Merchandising segment, brisk sales of new character merchandise based on the Group’s own content during the nine-month period ended December 31, 2021 resulted in higher net sales and operating income than in the same period of the previous fiscal year.

About Square Enix Holdings Co., Ltd.

Square Enix Holdings Co., Ltd. with headquarters in Tokyo, Japan, is the holding company leading the group of Square Enix companies (the “Square Enix Group”) with a diverse range of content and service businesses. The Square Enix Group publishes, distributes and licenses entertainment content around the world under its internationally renowned brands including SQUARE ENIX®, EIDOS® and TAITO®. The Square Enix Group includes a global network of leading development studios located in North America, Europe and Japan. The Square Enix Group also boasts a valuable portfolio of intellectual property including: FINAL FANTASY®, which has sold over 164 million units worldwide; DRAGON QUEST®, which has sold over 83 million units worldwide; TOMB RAIDER®, which has sold over 85 million units worldwide; and the legendary SPACE INVADERS®.

More information on Square Enix Holdings Co., Ltd. can be found at http://www.hd.square-enix.com/eng/

*Unit sales are the total number of cumulative package shipment and digital sales. Digital sales are the cumulative unit number in and after April 2015, and include full-game downloads of packaged games and download-only games for console and PC.

Disclaimer

The forward-looking statements in this document are based upon the information currently available, and necessarily include elements that are not entirely predictable. Actual results may differ from the forward-looking statements in this document.

DRAGON QUEST, EIDOS, FINAL FANTASY, SPACE INVADERS, SQUARE ENIX, the SQUARE ENIX logo, TAITO and TOMB RAIDER are registered trademarks or trademarks of the Square Enix Group. All other trademarks are the property of their respective owners.

Contacts

Kiyono MARIKO – Corporate Communications, SQUARE ENIX

PR-HD@square-enix.com

Alex

Recent Posts

Explore Copenhagen’s Culinary Gem: Khun Juk Oriental, Winner of the 2023 Thai Select Signature Award and Esteemed Taittinger Ambassador

COPENHAGEN, DENMARK - Media OutReach Newswire - 17 May 2024 - Khun Juk Oriental, honored…

28 mins ago

FPT Software Named A Representative Vendor In the 2024 Gartner® Market Guide For Public Cloud Managed And Professional Services, Asia/Pacific

HANOI, Vietnam--(BUSINESS WIRE)--#FPT--FPT Software, a leading global technology company, has been listed in the Gartner…

2 hours ago

Pacific Prime Thailand Wins AXA’s Top Sales International Broker Award

BANGKOK--(BUSINESS WIRE)--International insurance brokerage Pacific Prime has been selected as the recipient of AXA’s Top…

5 hours ago

MoneyHero Group Named Among the HR Asia Best Companies to Work for in Asia, Hong Kong 2024

SINGAPORE - Media OutReach Newswire - 17 May 2024 - MoneyHero Limited (NASDAQ: MNY) ("MoneyHero"…

5 hours ago

Saudi Tadawul Group and Sahm Capital to collaborate on ‘Invest Wisely Program’

HONG KONG SAR - Media OutReach Newswire - 17 May 2024 - Sahm Capital, the…

5 hours ago

Accenture to Acquire OPENSTREAM HOLDINGS to Help Clients Advance Their Data-Driven Business Reinvention

OPENSTREAM HOLDINGS’ subsidiaries, Open Stream and Neutral will strengthen Accenture’s cloud, AI, smart logistics, retail…

6 hours ago