The company forecasts a stronger fiscal year in 2024.Įarlier this year, Forspoken developer Luminous Productions was absorbed back into Square Enix to continue working on AAA games, but in March, Square Enix said that Forspoken sales were 'lackluster.' Its president also recently stepped down after a 10-year run that ended in controversial blockchain advocacy. Square Enix also revealed that sales and profit were down during its 2023 fiscal year, though it partially attributed this to the lack of expansions in comparison to last year's DLC for Final Fantasy XIV. In addition, it plans to hire more engineers and developers 'to develop not only HD and smart device games but also content for future cross-platform offerings.' J Gaming News Square Enix has again delayed Forspoken and set a new release date for early 2023. Today, Square Enix revealed that it is thinking about creating new studios and acquiring existing studios as part of its plan to grow its in-house development resources.Īccording to slides from the company's full earnings report released today, Square Enix plans to 'consider M&A, creating new studios, and taking minority stakes' to bring in more external development resources.' Square Enix have delayed Forspokens launch by four months Open-world adventure now expected in October News by Alice OConnor Associate Editor Published on.

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