Square Enix Could Be Selling Even More Studios
Posted On August 5, 2022
Following its latest earnings call, Square Enix is reportedly looking to sell stakes in some of its development studios in an effort to devote more resources to select titles.
According to games industry analyst David Gibson, the publisher will be reviewing its portfolio to see which studios it will want to retain full ownership of or offer stakes to other interested companies. As Gibson explained, Square Enix views this strategy as a way to devote “resources mainly to Japan titles” and could see interest from Sony, Tencent, and Nexon.
Some of the studios that Square Enix currently has under its belt include the four Creative Business Units responsible for Final Fantasy, Kingdom Hearts, and smaller titles, Luminous Productions, which is currently developing Forspoken, and Tokyo RPG Factory. As Gibson noted, Square Enix’s strategy is unusual as it has zero debt and more than enough operating cash to fund game development.
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Author: Darryn Bonthuys