Square Enix: Profit Forecast Slashed, Prompting Game Delays
Citing “slow sales and industry criticism” of titles released this year, Square-Enix announced a substantial cut in their full-year net profit forecast, down from 12 billion yen to 1 billion for the fiscal year ending March 31. Related to this is the aforementioned delay of the PS3 launch for Final Fantasy XIV, previously set for a March release. Additionally, the company stated that Deus Ex: Human Revolution would also be pushed back for all platforms, aiming for April instead of its intended first quarter target.
Source: Reuters
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