Square Enix has outlined something of an overhaul to its business, in response to its financial report for the fiscal year.
As you might have guessed, said report wasn't overly positive. The publisher's net sales were down 8.9% year-on-year, making for a largely average performance.
To be fair, Dragon Quest 3 HD-2D Remake was pretty much the company's only 'big' release over the period, and it actually sold better than expected. Its lower development costs meant that it outperformed internal estimates, and ended up turning a profit for Square Enix's 'HD Digital Entertainment' sector — otherwise known as the gaming side of its business.
It's not all doom and gloom, then, but a company this expansive obviously can't be seen treading water for too long — and so it's time to "reboot and awaken" the business as a whole.
Most of these strategies boil down to corporate-coded bullet points, but the general idea is that, alongside its previously reported multiplatform push, the publisher wants to establish better, more efficient development timelines for its games, while also focusing on higher quality releases.
This suggests that it'll be cutting back on smaller-scale projects, with the likes of Final Fantasy 7 Remake Part 3 and Kingdom Hearts 4 leading the charge. Let's just hope that sales expectations are kept in check!