Square Enix Reports Declining Profits Despite Strong Dragon Quest 3 Remake Sales

The company cites underperformance in mobile and browser games alongside weak sales of new releases as key factors in its revenue drop.

Square Enix's overall profits for the first nine months of the fiscal year fell by 7.7% to $1.6 billion, with net sales down 10.7% year-on-year.
The Dragon Quest 3 HD-2D Remake exceeded sales expectations, contributing to a 70.3% increase in operating profits for the HD games segment.
Final Fantasy XIV: Dawntrail expansion boosted MMO segment revenue by 26.4%, reaching $288.6 million.
The mobile and PC browser games segment saw a significant 58.5% decline in operating profit, attributed to weak performance of older titles and a valuation write-down for content production.
Square Enix maintains its fiscal year forecast despite challenges, with no major changes announced in its future projections.