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[Mikey Jr.]

Remember when everything square touched turned to gold?

 

[Mihael Mello Keehl]

Matsuda will do what's right.

Matsuda!

 

[sublimit]

Want to believe that this will fix everything.

HAHA.

 

[doemaaan]

pleasebeexcited.jpg

 

[Femmeworth]

I'm so happy.

 

[runnin_blue]

Cool, now they should get someone who can manage.

I suggest Jose Mourinho.

 

[Necron]

It has finally happened...

Hopefully this means a refocused effort on FF, DQ and new IP.

Then again... under his control Square was able to get hold of Eidos.

 

[Dreamer RD]

That's megaton.

 

[Auto_aim1]

about Yosuke Matsuda:

Thanks, that's really informative.

 

[BocoDragon]

HAHA.

Believe.

BELIEVE GOD DAMN YOU!!!

 

[Defuser]

Both of them will be shaking hands again at the unemployment line.

 

[Canis lupus]

Finally. But what about the new guy?

 

[Pachterballs]

Well, they need to get product out. What an idiot.

Good riddance.

 

[SonicMegaDrive]

Remember when everything square touched turned to gold?

Like, almost two decades ago, yeah.

 

[Toth]

Versus finally claimed its victim

 

[Ushae]

Western Output has been phenomenal, does this mean Japanese games will bring their A game too? I really hope so, this publisher has shown they can make quality games.

 

[Sir_Crocodile]

hypehypehypehypehypehypehypehypehypehypehypehypehype

 

[Dark Schala]

Holy crap.

Wonder what underperformed. Hmmmmm.

 

[KillerTravis]

Wow too bad. Thief 4 will probably be cancelled and Eidos will turn into full time iOS developers.

 

[flawfuls]

I think at this point any change in direction for pretty much any major publisher = more social/F2P/iphone games and less everything else.

 

[- J - D -]

Another CEO gets booted this month? Wild! The next guy to take over SE has to be the spiritual child of the Guch and Wada, it's the only way the ship stays afloat. Better FF games while maintaining the nurturing hand over western IPs, that's the dream.

 

[Mandoric]

This sounds pretty bad.

"Extraordinary loss" means "loss we don't expect to repeat" rather than "huge fucking loss", though this is pretty huge too.

The fact that it's a writedown on loss of disposal (read: SE was valuing something on the books highly and then sold it for a lot less) and loss on evaluation (read: SE is no longer valuing some assets as highly) are interesting--was there a wave of cancellations we're about to hear about?

 

[MarkusRJR]

What can i say

What's the source of this GIF?

 

[E-Cat]

Holy shit, yes!! Best news for Squeenix in a long time.

 

[Rawket Lawnchair]

Any chances this leads to SE regaining some former glory?

 

[Deleted member 20920]

Western Output has been phenomenal, does this mean Japanese games will bring their A game too? I really hope so, this publisher has shown they can make quality games.

The output has been steady but apparently they didn't perform as well as they could have.

I'm seeing more mobile games in the future.

Also they won't just suddenly announce a few locatisations. Things can't change overnight.

 

[Sinople]

I fear that SE will become actually worse: more social games and micro-transactions, less risky and/or ambitious titles. Wait and see...

 

[luca1980]

finally!!

let's hope this will impact their japanese game development!

 

[Hellix]

Any chances this leads to SE regaining some former glory?

Spoiler

FF7 remake confirmed for PS4.

 

[Pristine_Condition]

Maybe they'll bring in someone that'll realize that "all Final Fantasy all the time" sucks balls and they once made good IPs like Parasite Eve.

 

[patapuf]

Considering it's the console side that underperformed i wouldn't bring out the champagne yet. Usually restructuring means unprofitable parts of the business get cut

 

[Shinta]

Versus finally claimed its victim

I think this is more Hitman: Absolution honestly. Tomb Raider started well, but we'll see. I'm sure they expected huge sales, and for good reason. The game is a masterpiece with a huge brand name.

Wow too bad. Thief 4 will probably be cancelled and Eidos will turn into full time iOS developers.

SQEX spared no expense on Eidos games, PC ports, and United Front Games. And they have not been rewarded.

 

[Cheebo]

More iOS from S-E coming your way, since they have mentioned before how profitable mobile has been for them lately.

Mobile division of Square-Enix is profitable, the console division is not. So some people think this means LESS iOS games? I don't understand this line of logic.

 

[sublimit]

Holy crap.

Wonder what underperformed. Hmmmmm.

Tomb Raider?

 

[Mihael Mello Keehl]

Maybe they'll bring in someone that'll realize that "all Final Fantasy all the time" sucks balls and they once made good IPs like Parasite Eve.

Well sign me up twice please

 

[Tizoc]

Tomb Raider?

It's a top seller in UK even in its 2nd week.

 

[duckroll]

"Extraordinary loss" means "loss we don't expect to repeat" rather than "huge fucking loss", though this is pretty huge too.

The fact that it's a writedown on loss of disposal (read: SE was valuing something on the books highly and then sold it for a lot less) and loss on evaluation (read: SE is no longer valuing some assets as highly) are interesting--was there a wave of cancellations we're about to hear about?

10 billion yen is about comparative to say 100 million bucks right? Maybe Versus just died with Wada. Looooool.

 

[Defuser]

Versus finally claimed its victim

Not FFXIII/XIII-2/XIV?

 

[Bruno MB]

Holy crap.

Wonder what underperformed. Hmmmmm.

I wonder what big console game didn't underperform.

 

[RyoonZ]

Is this good news? Is this means that I'm getting Type-0 and Bravely Default?

 

[AOC83]

Considering it's the console side that underperformed i wouldn't bring out the champagne yet.

Yeah well, Square themselves didn´t release anything.

 

[Pooya]

Any chances this leads to SE regaining some former glory?

if you mean the Japanese side of development, their problem is fundamental developer and team management problems that is pretty much incapable of couping with modern big games, things like that won't change overnight.

 

[Risette]

Is this good news? Is this means that I'm getting Type-0 and Bravely Default?

Probably not lol

 

[ahm998]

Both of them will be shaking hands again at the unemployment line.

http://im38.gulfup.com/aaqwJ.jpg

Iwata also joke with people who want him to be out

 

[Busty]

John Riccitiello and Yoichi Wada will join forces to bring back Acclaim and make it the number one force in the video game industry.

*huffs jenkem*

It's happening people.

You mark my words.

 

[Sigismundo]

Guess he had to kiss his business goodbye.

 

[zerokoolpsx]

A little shocked but its been a long time coming. Megaton indeed.

 

[sublimit]

It's a top seller in UK even in its 2nd week.

So did DmC if i'm not mistaken but it still underperformed.

 

[Cheebo]

Is this good news? Is this means that I'm getting Type-0 and Bravely Default?

If you mean on your ipad, then maybe.

 

[Mandoric]

10 billion yen is about comparative to say 100 million bucks right? Maybe Versus just died with Wada. Looooool.

Yep, it's the budget range of a major title. Or maybe the kind of writedown you'd say, see, if they dumped a few years of assets and retargeted it to sell 2-3 million rather than 6 million

Spoiler

like if it just became an exclusive launch title.