SQUARE ENIX HOLDINGS CO., LTD. Announces Financial Results For The Fiscal Year Ended March 31, 2021
SQUARE ENIX HOLDINGS CO., LTD. announced strong consolidated financial results for the fiscal year ending March 31, 2021. Key figures include net sales of 332,532 million yen, an increase of 27.6% year-over-year, and operating income rising to 47,226 million yen, up 44.2%. Profit attributable to owners climbed 26.2% to 26,942 million yen. The digital entertainment segment thrived with major game releases, while the amusement segment faced a decline due to COVID-19 closures. The publication and merchandising sectors saw increased sales, enhancing overall profitability.
- Net sales increased by 27.6% to 332,532 million yen.
- Operating income rose by 44.2% to 47,226 million yen.
- Profit attributable to owners increased by 26.2% to 26,942 million yen.
- Strong performance in digital entertainment, including popular game launches.
- Growth in digital and print publication sales.
- Decline in net sales in the MMO game sub-segment due to prior expansion releases.
- Amusement segment experienced a significant sales drop and operating loss from COVID-19 related closures.
TOKYO, May 13, 2021 /PRNewswire/ -- SQUARE ENIX HOLDINGS CO., LTD. (the "Company") today announced consolidated financial results for the fiscal year ended March 31, 2021 (this "Fiscal Year").
The Company is listed on the First Section of the Tokyo Stock Exchange, with the stock code "9684," and prepares its financial statements according to the Japan GAAP.
Key Figures | |||
(millions of yen, except percentages and per share data) | |||
FY ended 3/21 | FY ended 3/20 | YoY change | |
Net sales | 332,532 | 260,527 | |
Operating income | 47,226 | 32,759 | |
Ordinary income | 49,983 | 32,095 | |
Profit attributable to owners of parent | 26,942 | 21,346 | |
EPS, basic | 225.75 yen | 179.02 yen | － |
For additional information, please refer to the full-length Consolidated Financial Results document at: https://www.hd.square-enix.com/eng/21q4earnings.pdf, or the Company's IR website: https://www.hd.square-enix.com/eng/ir/. |
In the Digital Entertainment segment, the HD (High-Definition) Game sub-segment for the fiscal year ended March 31, 2021 saw the release of major titles including "FINAL FANTASY VII REMAKE" and "Marvel's Avengers," growth in digital sales of catalog titles, and licensing income that resulted in higher net sales than the previous fiscal year.
Net sales declined year on year at the MMO (Massively Multiplayer Online) Game sub-segment due to the release of the "FINAL FANTASY XIV" and "DRAGON QUEST X" expansion packs in the previous fiscal year, but the recurring revenue was solid.
The Games for Smart Devices/PC Browser sub-segment saw net sales rise in comparison to the previous fiscal year, not only because of solid performances from existing titles such as "DRAGON QUEST WALK" and "WAR OF THE VISIONS: FINAL FANTASY BRAVE EXVIUS," but also because of earnings contributions from "DRAGON QUEST TACT," "OCTOPATH TRAVELER: Tairiku no Hasha," and "NieR Re[in]carnation," all of which were launched in the fiscal year ended March 31, 2021.
The Amusement segment saw a sharp decline in net sales compared to the previous fiscal year and booked an operating loss due to the temporary closure of amusement facilities in Japan during the first quarter of this fiscal year. The closures were designed to combat the spread of COVID-19 in response to the Japanese government's declaration of a state of emergency.
In the Publication segment, sales in digital formats, including via the "MANGA UP!" comic app and of e-books, rose sharply in the fiscal year ended March 31, 2021. This, combined with brisk sales of printed media, resulted in higher net sales and operating income than in the same period of the previous fiscal year.
In the Merchandising segment, brisk sales of character merchandise, soundtracks, and other products based on the Group's own content during the fiscal year ended March 31, 2021 resulted in growth in net sales and operating income versus the same period of the previous fiscal year.
About Square Enix Holdings Co., Ltd.
Square Enix Holdings Co., Ltd. with headquarters in Tokyo, Japan, is the holding company leading the group of Square Enix companies (the "Square Enix Group") with a diverse range of content and service businesses. The Square Enix Group publishes, distributes and licenses entertainment content around the world under its internationally renowned brands including SQUARE ENIX®, EIDOS® and TAITO®. The Square Enix Group includes a global network of leading development studios located in North America, Europe and Japan. The Square Enix Group also boasts a valuable portfolio of intellectual property including: FINAL FANTASY®, which has sold over 161 million units worldwide; DRAGON QUEST®, which has sold over 82 million units worldwide; TOMB RAIDER®, which has sold over 82 million units worldwide; and the legendary SPACE INVADERS®.
More information on Square Enix Holdings Co., Ltd. can be found at https://www.hd.square-enix.com/eng/
*Unit sales are the total number of cumulative package shipment and digital sales. Digital sales are the cumulative unit number in and after April 2015, and include full-game downloads of packaged games and download-only games for console and PC.
Disclaimer
The forward-looking statements in this document are based upon the information currently available, and necessarily include elements that are not entirely predictable. Actual results may differ from the forward-looking statements in this document.
DRAGON QUEST, EIDOS, FINAL FANTASY, SPACE INVADERS, SQUARE ENIX, the SQUARE ENIX logo, TAITO and TOMB RAIDER are registered trademarks or trademarks of the Square Enix Group. All other trademarks are the property of their respective owners.
View original content to download multimedia:http://www.prnewswire.com/news-releases/square-enix-holdings-co-ltd-announces-financial-results-for-the-fiscal-year-ended-march-31-2021-301290580.html
SOURCE SQUARE ENIX HOLDINGS CO., LTD.
FAQ
What were the key financial results of SQUARE ENIX for FY ended March 31, 2021?
How did COVID-19 impact SQUARE ENIX's business?
What factors contributed to the increase in SQUARE ENIX's net sales?
What was the profit increase percentage for SQUARE ENIX?
What is the future outlook for SQUARE ENIX after the recent financial results?
