SQUARE ENIX HLDGS U/ADR - SQNNY STOCK NEWS

SQUARE ENIX has launched VALKYRIE ELYSIUM for PlayStation 5 and 4, allowing players to engage in action combat as Valkyrie. The game features classic mechanics and music by Motoi Sakuraba. A free update on November 8 will add new content, with a STEAM version set for release on November 11. Players can pre-order to gain early access and exclusive items. A demo is available, with save data carrying over to the full game. The game is rated Teen by the ESRB.

SQUARE ENIX announced OCTOPATH TRAVELER II, launching worldwide on February 24, 2023 for Nintendo Switch, PS5, PS4, and PC via STEAM. This sequel enhances the original's HD-2D visuals and features eight new protagonists in the world of Solistia. The game includes a Break & Boost Battle System, unique Path Actions, and a Day/Night Cycle that influences gameplay. Pre-orders for digital and physical editions are now available, with bonuses like the “Travel Provisions” DLC for early buyers.

SQUARE ENIX HOLDINGS CO., LTD. announced the completion of a share transfer agreement with Embracer Group AB, finalized on May 2, 2022. This divestiture involves select overseas studios and intellectual properties, which may influence earnings for the fiscal year ending March 2023. The company is actively evaluating the financial implications of this transaction and will disclose any significant findings promptly.

Square Enix Holdings reported financial results for the three-month period ended June 30, 2022. Net sales decreased by 15.5% to 74,876 million yen compared to 88,604 million yen in the same period last year, while operating income fell 16.7% to 14,430 million yen. However, ordinary income surged by 48.7% to 26,255 million yen, and profit attributable to owners rose 45.0% to 18,355 million yen. EPS increased to 153.45 yen from 105.98 yen.

Square Enix Holdings Co., Ltd. announced consolidated financial results for the fiscal year ending March 31, 2022. Net sales rose to 365.3 billion yen, a 9.8% increase from the previous year. Operating income increased by 25.5% to 59.3 billion yen, while ordinary income grew 41.5% to 70.7 billion yen. Profit attributable to owners surged 89.3% to 51 billion yen with basic EPS reaching 426.82 yen. Positive contributions from MMO games and the merchandise segment were noted, despite declines in the HD game sub-segment.

SQUARE ENIX HOLDINGS today announced a share transfer agreement with Embracer Group AB to divest select overseas studios, including CRYSTAL DYNAMICS and EIDOS INTERACTIVE, along with popular IPs like TOMB RAIDER and Deus Ex. This strategic move aims to optimize resource allocation, enhancing corporate value and fostering growth in digital entertainment, blockchain, AI, and cloud sectors. The deal is valued at $300 million, with a completion timeline set between July and September 2022, pending regulatory approvals.

SQUARE ENIX has released STRANGER OF PARADISE FINAL FANTASY ORIGIN, a new action RPG developed in collaboration with KOEI TECMO GAMES’ Team NINJA. The game offers players a fresh take on the classic FINAL FANTASY narrative. A free demo is available for download on various consoles, with saved progress transferable to the full game. Players will engage in challenging gameplay as they journey through a dark fantasy world. The game is now available on PlayStation®5, PlayStation®4, Xbox Series X|S, Xbox One, and PC.

SQUARE ENIX announces the digital release of Chocobo GP on Nintendo Switch, featuring characters from the FINAL FANTASY series, like Cloud and Squall. The game includes various modes, including a Story mode and a Chocobo GP tournament with up to 64 players. Players can earn rewards and purchase a Prize Pass for seasonal rewards. A free demo, Chocobo GP Lite, is also available. The game is rated E10+ and offers thrilling courses based on iconic locations from the franchise.