E33 is a great game in a lot of ways, but the way people are using it to attack Square is honestly baffling. 3m is a number that Square managed to do in 3 days on one platform at $20 more per copy (FF16)! They managed to do similar numbers with DQ3R as well. It's a world shattering success for a new IP and new small studio, but it's peanuts to them.
The Last thing Square needs is to push more into high-cost JRPGs, what they need is further diversification of output, there are a ton of genres they are leaving completely alone with zero competition, especially after they divested their western studios.