Sources say Square Enix will lose more than $2 billion in market value due to the game final Fantasy 16.
CTOnews.com September 14 news, Toyo Securities analyst Hideki Yasuda previously said that the game "final Fantasy 16" is commercially disadvantageous to Square Enix. CTOnews.com has reported that because the development cost of the game "final Fantasy 16" is too high, but sales are not ideal, so the current situation of Square Enix is not optimistic.
Bloomberg also published an article yesterday about Square Enix's current downturn, pointing out that anonymous employees and contractors said the company's structure and game quality control problems were very serious.
In addition, the quality of Square Enix's previous works such as "Forspoken" and "Magic Chronicle" is not satisfactory, saying that "this is excessive business expansion without proper supervision", and the fact that Square Enix gives producers too much control over the project is also one of the reasons for the problem.
▲ 's poster of the game final Fantasy 16 and the company's much-anticipated masterpiece final Fantasy 16, which was the highest share price of Square Enix this year before its June release, fell to its lowest level since May 2022 on Wednesday, and Bloomberg estimates that Square Enix will lose nearly $2 billion in market value as a result of the book. (CTOnews.com Note: current about 14.56 billion yuan).
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'Final Fantasy' Maker's 30% Plunge May Be Just the Beginning