I really wish people would know what they're talking about when saying stuff like this.
1) The company is not in any real trouble. Things aren't great but they're not even close to going out of business like they have been at various points before.
2) The last time the company was in real trouble, it was a man named Yoichi Wada that saved them. Sakaguchi was actually the one that ran them head first into that trouble.
Note that this isn't a defence of Wada, simply two facts. Personally I think Wada overstayed his welcome and should've resigned shortly after the merger.
Financially that kind of outcome compared to what they should deliver is a crysis. The gaming industry is not any different then any other industry out there.
Sakaguchi needs people around him who can deliver playabillity to his ideas and also control him. If you let Kojima make a film it would be horrible bad aswell.
As gaming stories they are not bad though.
Of course Sakaguchi can not save it himself but Last Story and Lost Odyssey where leaps and bounds of better games then any major SE title this generation.
If we at my company started changing core things about our products that our customers expect to be there we would see the same amount of problems.
Final Fantasy XIII was a beautifull game but a horrible Final Fantasy.
The illusion of worlds and exploration was removed completely.
SE made some pretty big core mistakes in their game creation that didnt happen earlier.
Sakaguchi might not have changed that, as seeing their last great game was not with him, but they at least need to collect the talent they have on fewer better titles. And an MMO is really not the solution.
Just look at EA....