Square's Slowly But Surely Back on Track

Square has published a revised financial report dating to March 2002, the last month of the fiscal year 2001/2002. Compared to the last projections dating back to November 2001, the total sales have increased by 2 billion yen ($15.58 million USD) to 27.9 billion Yen ($217.34 million USD), while ordinary profit has increased by 3.6 billion yen ($28.04 million USD) to 3.9 billion yen ($30.38 million USD). Those positive financial developments are attributed to strong sales of Kingdom Hearts in Japan and Final Fantasy X in North America. For reference, Kingdom Hearts has sold almost 700,000 copies in Japan since its March 28th release, while Final Fantasy X sold more than 4 million in Japan and North America combined.

In another interview with Mainichi Interactive, Square president and CEO Yoichi Wada commented on the development costs of Final Fantasy XI and the PlayOnline platform, speaking of an amount of 2 to 3 billion Yen (between $15.58 million and $23.37 million USD). Wada reiterated his previous statement regarding a new online game, which will be announced next year and promises to be entirely different from the Final Fantasy games.

05.10.02 - 8:28 PM
Professor Gast

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