Square Enix Profits More Than Double Year-Over-Year
Added: 06.11.2014 12:39 | 1 views | 0 comments
Square Enix is not just a video game company, as the publisher also operates Amusement, Publication, and Merchandising divisions. However, the company's game unit--called Digital Entertainment--was the breadwinner of the bunch, posting more revenue and profit than the other three units combined. For the period ended September 30, net sales in Square Enix's game division totaled ¥43.7 billion ($381.4 million), an increase of 42.8 percent. Operating income was ¥7.9 billion ($68.9 million), up from ¥3.4 billion ($29.7 million) last year. Looking ahead, Square Enix has boosted its earnings projections for the fiscal year ending March 2015. The company now expects to haul between ¥150 billion-¥160 billion ($1.3 billion-$1.4 billion), up from the previous forecast of ¥140 billion-¥150 billion ($1.2 billion-$1.3 billion). Square Enix has also revised its profit projection, now expecting to make between ¥7 billion-¥10.5 billion ($61 million-$91 million) for the year, compared to its previous estimation of between ¥3.5-¥6.5 billion ($30.5 million-$56.7 million). Got a news tip or want to contact us directly? Email news@gamespot.com
From:
www.gamespot.com
| Square Enix Profits More Than Double Year-Over-Year
Added: 06.11.2014 12:39 | 0 views | 0 comments
Square Enix is not just a video game company, as the publisher also operates Amusement, Publication, and Merchandising divisions. However, the company's game unit--called Digital Entertainment--was the breadwinner of the bunch, posting more revenue and profit than the other three units combined. For the period ended September 30, net sales in Square Enix's game division totaled ¥43.7 billion ($381.4 million), an increase of 42.8 percent. Operating income was ¥7.9 billion ($68.9 million), up from ¥3.4 billion ($29.7 million) last year. Looking ahead, Square Enix has boosted its earnings projections for the fiscal year ending March 2015. The company now expects to haul between ¥150 billion-¥160 billion ($1.3 billion-$1.4 billion), up from the previous forecast of ¥140 billion-¥150 billion ($1.2 billion-$1.3 billion). Square Enix has also revised its profit projection, now expecting to make between ¥7 billion-¥10.5 billion ($61 million-$91 million) for the year, compared to its previous estimation of between ¥3.5-¥6.5 billion ($30.5 million-$56.7 million). Got a news tip or want to contact us directly? Email news@gamespot.com
From:
www.gamespot.com
| Square Enix Profits More Than Double Year-Over-Year
Added: 06.11.2014 12:39 | 0 views | 0 comments
Square Enix is not just a video game company, as the publisher also operates Amusement, Publication, and Merchandising divisions. However, the company's game unit--called Digital Entertainment--was the breadwinner of the bunch, posting more revenue and profit than the other three units combined. For the period ended September 30, net sales in Square Enix's game division totaled ¥43.7 billion ($381.4 million), an increase of 42.8 percent. Operating income was ¥7.9 billion ($68.9 million), up from ¥3.4 billion ($29.7 million) last year. Looking ahead, Square Enix has boosted its earnings projections for the fiscal year ending March 2015. The company now expects to haul between ¥150 billion-¥160 billion ($1.3 billion-$1.4 billion), up from the previous forecast of ¥140 billion-¥150 billion ($1.2 billion-$1.3 billion). Square Enix has also revised its profit projection, now expecting to make between ¥7 billion-¥10.5 billion ($61 million-$91 million) for the year, compared to its previous estimation of between ¥3.5-¥6.5 billion ($30.5 million-$56.7 million). Got a news tip or want to contact us directly? Email news@gamespot.com
From:
www.gamespot.com
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