Exentryk
Member
http://www.hd.square-enix.com/eng/news/pdf/14q2outline.pdf
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Good afternoon. I’m Yosuke Matsuda. I would like to explain the outline of the Company's financial results for the six-month period ended September 30 2013, as well as our future business strategy. The earnings Briefings will be used during the explanation.
For the six-month period ended September 30 2013, we recorded net sales of ¥61,664 million, operating income of ¥4,675 million, recurring income of ¥5,669 million and net income of ¥2,606 million. These results are identical to the revised financial forecast disclosed yesterday.
The breakdown of the content production account is split roughly 50-50 between Japan and overseas, but its nature is changing.We have been putting more efforts into the production of online game titles in Europe and North America, which has changed the composition of the content production account. I believe that WIP turnover will increase over time. Taking this factor into consideration, we are tightening controls over the level of WIP balance.
As I mentioned previously, our overseas studios are shifting their focus to include more online-based titles. While we are continuing our development of sellout-type flagship HD (high-definition) games for conventional game consoles, we will be transitioning to developing more online games as a major trend of our business.
Studios in Japan are continuing to work on developing flagship HD (high-definition) game titles for consoles such as "FINAL FANTASY XV" and "KINGDOM HEARTS III," which have already been announced at E3. On the other hand, these studios are also working on new content for smart devices. We will produce results from such efforts from this time forward.
Lastly, I would like to mention overseas business developments in the Asia region. Since there is an extremely strong affinity for content produced in Japan in areas such as China, South Korea and Southeast Asian countries, we are strongly supporting the rollout to these regions of games for smart devices that are well received in Japan. In addition, we are looking to carry out development in overseas locations.
More at the link above.