Square Posts Losses

Square has released their financial results for the first half of the current fiscal year, running from April 1st 2001 until March 31st 2002. As expected and mentioned earlier by Square executives, mediocre to poor reception of Final Fantasy The Movie by audiences across the world has Square writing red numbers again. To be precise, Square has posted a loss of 3 billion yen (24.63 million USD) during that period. Sales were down 14% compared to the first two quarters of the previous fiscal year, at 19.2 billion yen (157.69 million USD).

According to Square, shipments of their major PlayStation 2 hit Final Fantasy X have exceeded 2.5 million copies since the game hit Japan on July 19th. No exact sales numbers were released. For the second half of the current fiscal year, Square is expecting a financially better situation, due to the release of All Star Pro Wrestling II and Kingdom Hearts for PS2.

11.06.01 - 11:52 AM
Professor Gast

Coming Up on Twitch

Wild Arms 2
July 3 • 9:00am PDT/12:00pm EDT

Lunar 2: Eternal Blue Continues!
Every Monday • 5:00pm PDT/8:00pm EDT

Zero Time Dilemma
Every Night! • 5:00pm PDT/8:00pm EDT

Grandia II Continues!
Every Wednesday • 2:00pm PDT/5:00pm EDT

Featured Content
Grand Kingdom Review
Grand Kingdom
Overfall Review
E3 2016 Complete Coverage
Complete Coverage!
E3 2016
Tokyo Mirage Sessions #FE Review
Tokyo Mirage Sessions #FE
Dreamfall Chapters Review
Dreamfall Chapters
Final Fantasy XIV Producer/Director E3 Interview
Final Fantasy XIV Producer/Director
E3 Interview
RSS Feeds & More
Complete Feed
Reviews Feed
Media Feed
Random Encounter
Rhythm Encounter
Retro Encounter