RPGFan


Enix Shares Tumble in Tokyo

At the end of today's trading session on the Tokyo Stock Exchange, Enix shares were down 8% at 2,365 yen (19.64 USD). The parent company's pretax profit for the first half of the current fiscal year is at 1.46 billion yen (12.13 million USD), a decline of 89% compared to the first half of the previous year.The major reason behind the sharp drop in share value is the lack of successful game titles. With cost-cutting having little impact, a significant drop in profit margin (36.4% compared to last year's 64.6%) is expected.

With Enix's two major titles, Star Ocean 3: Till the End of Time for Sony's PlayStation 2 and Dragon Quest VIII, to be released only in the next fiscal year, the situation is unlikely to improve for one of Japan's major 3rd party publishers.


Back
Updated:
11.12.01 - 11:31 AM
Professor Gast





Coming Up on Twitch

Echoes of Aetheria
Sunday, June 25 • 10am PDT/1pm EDT

Vandal Hearts
Tuesdays • 12pm PDT/3pm EDT

Tales of Symphonia
Wednesdays • 5pm PDT/8pm EDT

Final Fantasy XIV: Stormblood
Every Thursday • 5pm PDT/8pm EDT

Featured Content
CD Theater Torneko's Great Adventure: Mystery Dungeon Review
CD Theater Torneko's Great Adventure: Mystery Dungeon
Review
Spellforce III Preview
Spellforce III
E3 2017 Preview
Yakuza Kiwami Preview
Yakuza Kiwami
E3 2017 Preview
Yakuza 6: The Song of Life Preview
Yakuza 6: The Song of Life
E3 2017 Preview
Kingdom Come: Deliverance Preview
Kingdom Come: Deliverance
E3 2017 Preview
Sakuna: Of Rice and Ruin Preview
Sakuna: Of Rice and Ruin
E3 2017 Preview
Retro Encounter 88
Retro Encounter 88
Podcast