Square Enix Reports Disappointing Sales for Final Fantasy 16 and 7 Rebirth

The company cites internal competition and strategic failings as key factors in the underperformance of its major titles.

Square Enix's financial report reveals that Final Fantasy 16 and Final Fantasy 7 Rebirth did not meet sales expectations.
President Takashi Kiryu attributed the disappointing profits to internal competition and poor management of the company's game portfolio.
Despite an increase in net sales, the company faced significant operating losses due to high development costs and impairment charges.
The report highlighted a shift towards a multiplatform strategy to avoid cannibalization and improve future profitability.
Square Enix is restructuring internally and diversifying its release schedule to better manage its game launches and market reach.