THE BORE

General => Video Game Bored => Topic started by: Great Rumbler on May 15, 2011, 01:31:45 PM

Title: Square-Enix posts loses of $150 million
Post by: Great Rumbler on May 15, 2011, 01:31:45 PM
Quote
Square Enix announced revised earnings expectations today. The company says that it will incur a net loss of 12,000 million yen for the previous fiscal year. Its previous forecast from February 3 listed a modest net profit of 1,000 million yen.

The revision is due to extraordinary losses, in part from a "tightened selection standard" for games. This will result in 4.5 billion yen in losses related to development cancellations. A press release announcing the revision did not share specifics beyond this.

The company will also incur a "loss on disaster" of approximately 0.6 billion yen related to the Tohoku earthquake. This is for closures and restoration of amusement facilities.

As these are all extraordinary losses, revisions to the company's forecasts for its other areas weren't as extreme. Sales forecasts are down from the original 130,000 million yen to 125,000 yen. Operating income expectations are down from the forecast 8,000 million yen to 7,300 million yen.

http://www.andriasang.com/e/blog/2011/05/12/square_enix_earnings_revision/
Title: Re: Square-Enix posts loses of $150 million
Post by: Great Rumbler on May 15, 2011, 01:40:16 PM
It's almost been 8 months and, as far I know, it's still free to play.

Also: A third of that total is from cancelled games.
Title: Re: Square-Enix posts loses of $150 million
Post by: Vizzys on May 15, 2011, 01:43:49 PM
they just need to stop making bad games
Title: Re: Square-Enix posts loses of $150 million
Post by: Sho Nuff on May 15, 2011, 01:48:04 PM
Is anyone actually playing FF14
Title: Re: Square-Enix posts loses of $150 million
Post by: cool breeze on May 15, 2011, 01:58:05 PM
but it is putting more money into Eidos, right?

new Deus Ex, Tomb Raider, Hitman games :bow2
Title: Re: Square-Enix posts loses of $150 million
Post by: Himu on May 15, 2011, 02:20:25 PM
GET RID OF WADA
Title: Re: Square-Enix posts loses of $150 million
Post by: Great Rumbler on May 15, 2011, 02:39:51 PM
FF14 was supposed to be their safe bet, such epic fail

So was the Final Fantasy movie. :lol
Title: Re: Square-Enix posts loses of $150 million
Post by: HyperZoneWasAwesome on May 15, 2011, 02:43:45 PM
but it is putting more money into Eidos, right?

new Deus Ex, Tomb Raider, Hitman games :bow2
Eidos was actually kinda lucky to get bought out by Squeenix.  Were they on their own they probably would have gone under by now, any other aquisition would have dissolved a lot of their development, their wealthy Japanese sugar daddy actually let them bolster their dev time on the games they're working on and doesn't seem too concerned about scortched earth profiteering.

I mean, c'mon, Kane and Lynch 2 before Hitman 5, what sort of money grubbing executive would okay that?  Hell, the Eidos division is probably outperforming the Japanese dudes at Square Enix at this point.
Title: Re: Square-Enix posts loses of $150 million
Post by: Great Rumbler on May 15, 2011, 02:52:32 PM
but it is putting more money into Eidos, right?

new Deus Ex, Tomb Raider, Hitman games :bow2
Eidos was actually kinda lucky to get bought out by Squeenix.  Were they on their own they probably would have gone under by now, any other aquisition would have dissolved a lot of their development, their wealthy Japanese sugar daddy actually let them bolster their dev time on the games they're working on and doesn't seem too concerned about scortched earth profiteering.

I mean, c'mon, Kane and Lynch 2 before Hitman 5, what sort of money grubbing executive would okay that?  Hell, the Eidos division is probably outperforming the Japanese dudes at Square Enix at this point.

Yeah, they actually singled out K&L2 as being a top-performer:

Quote
While the company cited "weak" console game sales, April's Dragon Quest Monsters: Joker 2 and August's IO Interactive-developed Kane & Lynch: Dog Days both were million-sellers, Square Enix said.

http://www.gamasutra.com/view/news/34647/Weak_Game_Sales_Final_Fantasy_XIV_Subs_Flub_Hit_Square_Enix_Results.php
Title: Re: Square-Enix posts loses of $150 million
Post by: iconoclast on May 15, 2011, 04:23:51 PM
That's what they get for funding Mindjack and Gun Loco
Title: Re: Square-Enix posts loses of $150 million
Post by: Vizzys on May 15, 2011, 05:16:00 PM
That's what they get for funding Mindjack and Gun Loco

dont forget ff13/14

although im sure 13 sold well. it was still bad

Title: Re: Square-Enix posts loses of $150 million
Post by: Trent Dole on May 15, 2011, 05:31:29 PM
That's what they get for funding Mindjack and Gun Loco
I GOT FUNK IN MY JUNK
Title: Re: Square-Enix posts loses of $150 million
Post by: Olivia Wilde Homo on May 15, 2011, 05:51:52 PM
SE's probable solution: more Final Fantasy games!

FFV, FFVI, and FFVII are ripe for remakes.  Maybe make another Fabula Nova Crystallis entry.  The sky is the limit!
Title: Re: Square-Enix posts loses of $150 million
Post by: Vizzys on May 15, 2011, 06:04:57 PM
id take ps1 ff game remakes

or maybe twewy 2

they have many ips
Title: Re: Square-Enix posts loses of $150 million
Post by: Shaka Khan on May 15, 2011, 06:19:23 PM
I'd pay $120 for a Xenogears remake, one where they redo the entire 2nd disk into something actually worth playing, and cutting most of that existential crap.

Too bad I don't trust anyone at SE with that task. Not because Xenogears is some sacred piece of art, just that almost everyone at SE can't be trusted projects like that anymore, even when they're given the time and money.
Title: Re: Square-Enix posts loses of $150 million
Post by: magus on May 15, 2011, 06:28:11 PM
if square-enix fails

1) i don't have to hear people whining more about final fantasy games
2) no more dragon quest game
3) nomura can finaly do games that aren't kingdom hearts

i can see only good thing out of this :bow
Title: Re: Square-Enix posts loses of $150 million
Post by: Nintendosbooger on May 15, 2011, 06:35:09 PM
Well, maybe if they didn't spend 10s of millions of dollars on the pixels that make up their characters' hair and eyeliner, they wouldn't be in this predicament. How about putting forth as much effort on making the games more enjoyable and intuitive.
Title: Re: Square-Enix posts loses of $150 million
Post by: Great Rumbler on May 15, 2011, 07:05:44 PM
Well, maybe if they didn't spend 10s of millions of dollars on the pixels that make up their characters' hair and eyeliner, they wouldn't be in this predicament. How about putting forth as much effort on making the games more enjoyable and intuitive.

Or maybe they shouldn't pour 10s of millions of dollars into a uninteresting, broken MMO? Just a thought.
Title: Re: Square-Enix posts loses of $150 million
Post by: Himu on May 15, 2011, 07:14:16 PM
SE's probable solution: more Final Fantasy games!

FFV, FFVI, and FFVII are ripe for remakes.  Maybe make another Fabula Nova Crystallis entry.  The sky is the limit!

fuck that. give me FF12 international in english with cheevs.
Title: Re: Square-Enix posts loses of $150 million
Post by: naff on May 15, 2011, 07:52:50 PM
Well, maybe if they didn't spend 10s of millions of dollars on the pixels that make up their characters' hair and eyeliner, they wouldn't be in this predicament. How about putting forth as much effort on making the games more enjoyable and intuitive.

Or maybe they shouldn't pour 10s of millions of dollars into a uninteresting, broken MMO? Just a thought.

FF license has a load of potential, putting money into an MMO wasn't inherently a bad decision, designing a bad game with those millions was.
Title: Re: Square-Enix posts loses of $150 million
Post by: naff on May 15, 2011, 07:55:24 PM
SE's probable solution: more Final Fantasy games!

FFV, FFVI, and FFVII are ripe for remakes.  Maybe make another Fabula Nova Crystallis entry.  The sky is the limit!

fuck that. give me FF12 international in english with trophies on NGP

Fixed :bow2
Title: Re: Square-Enix posts loses of $150 million
Post by: Great Rumbler on May 15, 2011, 08:15:25 PM
Well, maybe if they didn't spend 10s of millions of dollars on the pixels that make up their characters' hair and eyeliner, they wouldn't be in this predicament. How about putting forth as much effort on making the games more enjoyable and intuitive.

Or maybe they shouldn't pour 10s of millions of dollars into a uninteresting, broken MMO? Just a thought.

FF license has a load of potential, putting money into an MMO wasn't inherently a bad decision, designing a bad game with those millions was.

Hence the "uninteresting, broken" part.
Title: Re: Square-Enix posts loses of $150 million
Post by: Diunx on May 15, 2011, 08:34:38 PM
They should let the people that did FF12 do another one and sacrifice the guy behind FF7, 10 and 13 to some old fire god.
Title: Re: Square-Enix posts loses of $150 million
Post by: Great Rumbler on May 15, 2011, 08:50:44 PM
This is most likely almost entirely on FFXIV's spectacular failure.  Sadly, I can't see Square taking any good lessons away from this.

Most likely, with some additional loss coming from cancelled projects [that were cancelled because of the losses from FFXIV]
Title: Re: Square-Enix posts loses of $150 million
Post by: recursivelyenumerable on May 15, 2011, 08:58:22 PM
I'd pay $120 for a Xenogears remake, one where they redo the entire 2nd disk into something actually worth playing, and cutting most of that existential crap.

Too bad I don't trust anyone at SE with that task. Not because Xenogears is some sacred piece of art, just that almost everyone at SE can't be trusted projects like that anymore, even when they're given the time and money.

They could contract Monolithsoft to do it. They've actually already contracted them before (for some of the modeling/textures in Dirge of Cerberus).
Title: Re: Square-Enix posts loses of $150 million
Post by: naff on May 15, 2011, 09:14:41 PM
Hence the "uninteresting, broken" part.

If only they could see that from the beginning :'(
Title: Re: Square-Enix posts loses of $150 million
Post by: Great Rumbler on May 15, 2011, 10:11:21 PM
Last time Square had a loss this big, the Gooch got thrown under the bus. Wonder who's gonna take the fall this time?
Title: Re: Square-Enix posts loses of $150 million
Post by: Cormacaroni on May 15, 2011, 10:12:00 PM
Is anyone actually playing FF14

oh I'm sure business will pick up once they start charging for it!
Title: Re: Square-Enix posts loses of $150 million
Post by: Himu on May 15, 2011, 10:15:53 PM
Last time Square had a loss this big, the Gooch got thrown under the bus. Wonder who's gonna take the fall this time?

WADA
Title: Re: Square-Enix posts loses of $150 million
Post by: Mr. Gundam on May 15, 2011, 10:40:21 PM
That's what they get for funding Mindjack and Gun Loco

I am going to buy Mindjack when I can get it for $5.
Title: Re: Square-Enix posts loses of $150 million
Post by: magus on May 16, 2011, 05:42:41 AM
yes i'm pretty sure after wada get thrown under a bus they will stop milking all their popular IP and everything will be buttrainbows

amirite?
Title: Re: Square-Enix posts loses of $150 million
Post by: pilonv1 on May 16, 2011, 09:35:10 AM
More like upscaled PSP ports
Title: Re: Square-Enix posts loses of $150 million
Post by: tiesto on May 16, 2011, 10:05:29 AM
Hopefully this means there won't be any more FF MMOs...
Title: Re: Square-Enix posts loses of $150 million
Post by: Great Rumbler on May 16, 2011, 10:18:40 AM
Time for Square to pull out the trump card: HD FF7 remake.
Title: Re: Square-Enix posts loses of $150 million
Post by: Himu on May 16, 2011, 12:00:52 PM
HD remakes incoming??

(http://www.abload.de/img/capturedi75.png)

FINAL FANTASY 12 INTERNATIONAL.
Title: Re: Square-Enix posts loses of $150 million
Post by: Shaka Khan on May 16, 2011, 12:03:52 PM
That would be so amazing.
Title: Re: Square-Enix posts loses of $150 million
Post by: Himu on May 16, 2011, 12:12:22 PM
This is what happens when you remove backwards compatibility!

Make new games, jackasses.

NOT UNTIL WE GET FF12 INTERNATIONAL
Title: Re: Square-Enix posts loses of $150 million
Post by: Trent Dole on May 16, 2011, 12:27:51 PM
Time for Square to pull out the trump card: HD FF7 remake.
Really don't get why they haven't done this (and the other two PSX FFs) already, they have updated models for a lot of the characters via Dissida and it's not like they'd have to build a new engine for these games or anything.
Title: Re: Square-Enix posts loses of $150 million
Post by: Great Rumbler on May 16, 2011, 12:31:17 PM
Time for Square to pull out the trump card: HD FF7 remake.
Really don't get why they haven't done this (and the other two PSX FFs) already, they have updated models for a lot of the characters via Dissida and it's not like they'd have to build a new engine for these games or anything.

I have a theory, though it's just that, of course, but I think the reason Square hasn't done an FF7 remake is because they want to sell lots of FF7 spinoffs and such. And they think, rightly or wrongly, that no one will be interested in spinoffs when the real thing is out there.
Title: Re: Square-Enix posts loses of $150 million
Post by: Himu on May 16, 2011, 12:36:18 PM
Time for Square to pull out the trump card: HD FF7 remake.
Really don't get why they haven't done this (and the other two PSX FFs) already, they have updated models for a lot of the characters via Dissida and it's not like they'd have to build a new engine for these games or anything.

But they would have to build the entire game from scratch again. Do you think they have the capabilities to supply an FF7/8/9 remake in hd with new models and keep all the content from those games? In comparison to FF13, those games look like fucking Oblivion or Fallout in terms of content.

And look how long it took to make FF13.

It seems to me they'd rather concentrate on making new games instead of completely remaking old ones.
Title: Re: Square-Enix posts loses of $150 million
Post by: Great Rumbler on May 16, 2011, 12:38:06 PM
I'd buy a FF7 remake with updated models and high-resolution backgrounds/CG. And I'm probably not the only person.
Title: Re: Square-Enix posts loses of $150 million
Post by: Himu on May 16, 2011, 12:38:55 PM
I would too. But most people expect third person view, not with backgrounds. So S-E probably expects to fulfill fan expectations, which are entirely too unrealistic.

Because remember, they'd have to redo every pre-rendered bg because those are too low resolution.

They probably think it's too much work.
Title: Re: Square-Enix posts loses of $150 million
Post by: recursivelyenumerable on May 16, 2011, 12:49:58 PM
I do think they'll eventually do an FF7 remake, but people are seriously overestimating how much stuff could be reused. It will cost just as much as a new FF would.

If we're fantasizing about stuff that won't happen, I'd like an FF12 enhanced port with a fully orchestrated soundtrack. The music composition for that game is great but the synth really lets it down. (And while they're at it, have Sakimoto write a new piece for the ending to replace Uematsu's icky pop song.)
Title: Re: Square-Enix posts loses of $150 million
Post by: Himu on May 16, 2011, 01:00:43 PM
Could ANYTHING be re-used?
Title: Re: Square-Enix posts loses of $150 million
Post by: Positive Touch on May 16, 2011, 01:20:07 PM
honestly if they just rereleased ps1 & ps2 collections - with or without the international content included - and add some cheeves i'd prolly have to take myself to the er for priapism
Title: Re: Square-Enix posts loses of $150 million
Post by: Himu on May 16, 2011, 01:21:01 PM
:lol
Title: Re: Square-Enix posts loses of $150 million
Post by: Olivia Wilde Homo on May 16, 2011, 02:06:49 PM
If the NGP's fate wasn't so up in the air, I could see the remakes landing on there.  Nice graphics without having to spend tens of millions of dollars.