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Square Enix Talks Future
05.22.04 - 3:56 PM

During the presentation of Square Enix's results for the financial year 2003/2004, president Youichi Wada commented on plans for the current fiscal year. As announced at last week's Electronic Entertainment, Square Enix will support both Sony's PSP and Nintendo DS. After providing a launch title, the company will continue its support for the new Nintendo handheld. Apart from releasing its CG movie Final Fantasy VII: Advent Children on the PSP's UMD format, Square Enix has yet to detail plans for PSP development. While one title has been confirmed to be in development, Wada reiterated previous comments, saying he was not interested in releasing ports, but rather original content for Sony Computer Entertainment's new platform.

Echoing previous comments made during interviews in Los Angeles last week, Wada mentioned his company had no interest in Xbox Live, as the online service's closed architecture was contrary to Square Enix's open platform philosophy. Microsoft's recently announced XNA platform however generated some interest and the Square Enix president said, discussions would have to be held regarding XNA development.

As previously reported, the release schedule of Final Fantasy XII, Dragon Quest VIII and Kingdom Hearts II has not been fixed yet. It was also clarified that the delay of Final Fantasy XII's release had nothing to do with the game's development status, but was a strategic decision. The possibility that both the newest Final Fantasy installment as well as Dragon Quest VIII will see a Japanese release during the current fiscal year ending on March 31st, 2005 still exists. Regardless, Wada stuck to the target of selling 8.06 million copies in Japan, commenting that if one title's release would slip into the next fiscal year, there had to be a backup plan.

Following the resignation of Yasuhiro Fukushima as company chairman, Akitoshi Kawazu, head of Square Enix's second production team will take over his seat on the board of directors. Fukushima, who was also founder of Enix, is Square Enix's largest shareholder and will assume the role of a consultant.


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