No, 13 and 13-2 were big profit makers for them and this was stated on previous reports. Where I was going for was the huge developmental cost of Versus and the money needed for 13's massive revival. Those have been the cause of their gaming output decline in the past...three years at least?
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Breaking News: Yoichi Wada resigns as Square Enix CEO, likely being replaced by CFO
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No, 13 and 13-2 were big profit makers for them and this was stated on previous reports. Where I was going for was the huge developmental cost of Versus and the money needed for 13's massive revival. Those have been the cause of their gaming output decline in the past...three years at least?
And was second in it's third; the game seems like it could have some legs.
On the best portable gaming platform? Sounds good.
Femmeworth
Banned
Oh you.
BocoDragon
or, How I Learned to Stop Worrying and Realize This Assgrab is Delicious
In the past, the method to develop a new FF was "let's ask Toriyama or Nomura to develop a scenario, because that's how we've always done it".
But I'm really hoping a new CEO, in order to prove himself, will be like "ummmm... why don't we find the best talent in the world to ensure that FF is great again?"
I know its an insular Japanese company who likes to support their established "talent", but after this many lessons, I could almost imagine the message getting through that "all of that doesn't matter". The FF brand needs to be restored, and you need to throw out the playbook to accomplish that.
But I'm really hoping a new CEO, in order to prove himself, will be like "ummmm... why don't we find the best talent in the world to ensure that FF is great again?"
I know its an insular Japanese company who likes to support their established "talent", but after this many lessons, I could almost imagine the message getting through that "all of that doesn't matter". The FF brand needs to be restored, and you need to throw out the playbook to accomplish that.
Psycho_Mantis
Banned
Yesssss, Matsuda. You did the right thing putting down Wada.
Boogalogist
Member
About damn time. SE has been really horrible the past few years.
Mihael Mello Keehl
Banned
Sir_Crocodile
Member
Bring back Mizuno?
Nocturno999
Member
hell_its_about_time_tichondrius.gif
Honestly, only fools will spin this into being good news. Losing money doesn't mean they suddenly make expensive, open world console games, or low profit handheld games with high production values.
slaughterking
Member
The new guy will cancel Drakengard 3. You heard it here first.
sublimit
Banned
Tizoc
Member
That reminds me how much did the tech demo they make cost?
I think he bailed out before 14 shit hit the fan later this year, that's probably a bigger investment and they are now realizing it will never return on that investment. lol
Not too hot.
Was the Wii already underway when he came in? I mean the WiiU is a big blunder, but he seemed to really get it in terms of running the company.
BrokenEchelon
Banned
2013: Year of the terrible CEOs finally being fired.
Honestly, seems like the exact opposite to me. What games flopped?
Seems like heavy investment into Eidos and quality PC ports not paying off, at all. They spared no expense on all of those projects.
It's a potential for change, and it's possible there's a compromise of sorts to make to keep making stuff many of us like WITHOUT blowing the bank. Though I guess a start there are decent selling handheld games with modest budgets.
It'll be weird if Eidos wasn't doing too hot fiscally and they ended up offloading them though.
Some of it IS just luck and everyone makes mistakes, though I wonder how much of it is Nintendo simply failing to keep up with a very rapidly changing market.
bloodyroarxx
Member
Ok now just tell us what Ito is working on to get some excitement going.
zomgbbqftw
Banned
It looks like they wrote down the book value of a game (probably FFXIV) and took a loss against the book value of sold properties (that free to play stuff) and there is some extra loss on other stuff.
Also, this is one of those times where Sony's 8% stake becomes very important as they will have a vote on who becomes the next CEO. If they can convince other major shareholders that Square needs a reformer to force HD console adoption in Japan then it will be a big win for them as it guarantees them SE franchise support.
Also, this is one of those times where Sony's 8% stake becomes very important as they will have a vote on who becomes the next CEO. If they can convince other major shareholders that Square needs a reformer to force HD console adoption in Japan then it will be a big win for them as it guarantees them SE franchise support.
D
Deleted member 20920
Unconfirmed Member
What was there to flop when they barely released anything?
I think other than KH3D, most of their Japanese releases met expectations.
It's the Eidos games and games like Sleeping Dogs that didn't meet expectations. And also perhaps DQ10. Definitely FFXIV and Versus which are sucking up money in limobo land.
Huh, that's a good point, and Enix's original CEO is still a huge shareholder IIRC but I don't know what his approach will be here, hey may've just gotten into games because they were growing and looked to be lucrative in the 80s.
it means we will probably get more of this
Can't wait for Nintendo investors meeting, should be soon and *popcorn.gif* worthy
maverick40
Junior Member
Iwata is next on the chopping block.
GreenMakoEyes
Member
I don't think the renewal of the companys management will influence current titles in develpoment or titles that are planned for near future.
assuming Versus is either in develpoment or planned for near future :/
Mihael Mello Keehl
Banned
DS and Wii did do good though, only citing negatives is just half of the story. Positives count too.
Exentryk
Member
Yeah, their financials didn't paint a happy picture.
Let's see how Yosuke Matsuda handles the CEO role.
Let's see how Yosuke Matsuda handles the CEO role.
Eh, I think it's hard to fault him for the 3DS except in the case of raising the price after it was so popular at trade shows and the like. He took the right steps to save it.
I agree with this. He basically spear headed Nintendo's Resurrection. People forget just how bold the products were and how gloomy things were looking for Nintendo coming out of the Gamecube era.
Dreamer RD
Member
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