Square Enix has made a May 2024 financial results briefing public, confirming the public sentiment that Final Fantasy VII: Rebirth and Final Fantasy XVI had disappointing releases.
President Takashi Kiryu said the HD Games segment was operating at a loss of ¥8.1 billion (US$51.6 million at the time of the report) over FY2024/3, roughly twice as much as in the previous year.
Slow sales of Final Fantasy VII: Rebirth, Final Fantasy XVI, and Foamstars are the main culprits. The latter is going free-to-play in October.
One of the biggest enemies in accurately setting goals for Rebirth sales is its predecessor, Final Fantasy VII Remake.
The FF7 Remake came out in April 2020 for the PlayStation 4, a console that had sold 112.5 million units in July of that year.
March 2024 sales data for the PlayStation 5 records 54.2 million units, matching PS4 numbers at its 39th month mark.
Final Fantasy developer Naoki Yoshida has mentioned plans to diversify by pursuing Xbox releases following the Final Fantasy XIV port.
The global lockdowns also boosted Final Fantasy VII: Remake, with millions spending unprecedented time at home fighting Shinra.
With production limited to one console,...
