'Favourable Sales' Boost Square Enix Financial Forecast

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Tomb Raider, Final Fantasy 14 and Thief all to thank.

By Luke Karmali

Square Enix has revised its financial forecast for the fiscal year ending March 31, 2014, following “favourable sales” of key titles.
Final Fantasy X / X-2 HD Remaster, Final Fantasy XIV: A Realm Reborn and Thief are all singled out for praise in the announcement, suggesting the company could be on the verge of turning things around.

Final Fantasy XIV was the main title singled out for praise, as was the case earlier this year. As a result, expect net sales have gone from ¥140 billion ($1.37 billion) to ¥155 billion ($1.52 billion), which has predictably increased operating income, ordinary income and net income as well.
The accompanying note explains Dragon Quest Monsters Super Light has done well in Japan since its release in January, while Thief, Final Fantasy X / X-2 HD Remaster and Tomb Raider: Definitive Edition all experienced “favourable sales” in the west. The company’s decision to focus on cost reduction has also paid dividends.
Square Enix looked to be in trouble last year following poor financials and a leadership review, though it seems the company could be on the verge of turning things around. With new Sleeping Dogs and Deus Ex games on the way, along with the upcoming, Final Fantasy XV, Kingdom Hearts III and a new next-gen Hitman, Square could be set to start the next financial year feeling much more positive than it was at the start of this one.

Luke Karmali is IGN’s UK News Editor. You too can revel in mediocrity by following him on Twitter.

Originally written and published by at IGN PS3. Click here to read the original story.