SQUARE ENIX MARKET VALUE DROPS BY 2 BILLION DOLLARS SINCE FINAL FANTASY 16’S LAUNCH
Square Enix’s value is down substantially since the publication of Final Fantasy 16 and resulted in the loss of more than 2 billion dollars to this Japanese publisher.
This year, around that time frame of the FFXVI’s eagerly-awaited launch, the firm’s price has slowly decreased throughout the time since. The current value is the lowest since the beginning of May in 2022.
Although it has been widely praised by reviewers, Final Fantasy XVI reportedly was not able to fulfill Square Enix’s expectations for sales. The publisher did however acknowledge that the game’s PlayStation 5 exclusive status alongside the claims of lower adoption rates of the latest PlayStation console been a factor in this.
Can the PC release help boost Final Fantasy XVI performance?
According to Video Games Chronicle, the main franchise of the studio seems to have failed to create an impact that is significant enough for the company behind it.
The possibility of a Windows version is believed that it is in the process of development but it’s challenging to pin an entirely on FFXVI’s business performance.
“Flooding markets with unfinished, poor or not tested games is a dangerous choice,” Tokyo-based developer and gamer Michael Prefontaine said, speaking to Bloomberg and talking about releases like Marvel’s Avengers, Forspoken and The DioField Chronicle. “The firm has stretched it’s resources with too many games without adequate supervision.”
Some of the more recent releases like Harvestella and Various Daylife also saw a unpopular reception at launch and could be a contributing factor to the financial problems of the company.
The above article asserts that producers hold complete control on the direction and scope of projects. However, they do not have proper documentation or the structure of teams.