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Square Enix's Financial Results For Three Month Period Ended June 30th 2019 reported stronger sales


OrpheusJoshua

Square Enix have published their Consolidated Financial Results for the Three-Month Period Ended June 30, 2019.

According to this report, net sales for this three-month period totaled  ¥53.329 billion* (19.1% higher than the same period of the previous fiscal year), of which ¥37.16 billion derived from the Digital Entertainment sector; the latter was partly thanks to the releases of Final Fantasy X/X-2 HD Remaster and Final Fantasy XII The Zodiac Age on the Nintendo Switch and Xbox One. Subscription revenue resulting from the Final Fantasy XIV Expansion Pack was also a driving force in this. Square Enix aim to target higher net sales and operating income by releasing expansion packs to drive additional sales and grow their number of paying subscribers.

Square Enix's operating income for this three-month period was  ¥7.189 billion (85.8% more than the same period of the prior fiscal year) due to work on upcoming projects. Their ordinary income amounted to  ¥6.297 billion (13.9% less than the same period of the prior fiscal year).

Overall, Square Enix's net assets as of June 30, 2019 are ¥206.043 billion, a decrease of ¥401 million compared to March 31, 2019. This was mainly due to profit attributable to owners of parent of ¥4.122 billion and dividend payments of ¥4.410 billion.

Square Enix's various publications in manga and game-related books also flourished more in comparison to last year, with net sales totaling ¥3.875 billion (57.1% more than the same period last year), contributed by both digital and print media sales. New merchandise based on Square Enix IP also produced higher sales and operating income than the same period last year. Net sales and operating income in the Merchandising segment totaled ¥1.917 billion (an increase of 30.3%
from the same period of the prior fiscal year), and ¥160 million (an increase of 14.6% from the same period of the prior fiscal year), respectively.

Financial Report June 2019.PNG

You can read the press release detailing key figures and updates here. For additional information and figures, you can also see the briefing presentation slides.

 



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