Square Enix Holdings Co., Ltd. Announces Financial Results for the Six-Month Period Ended September 30, 2024

In This Article:

TOKYO, November 08, 2024--(BUSINESS WIRE)--SQUARE ENIX HOLDINGS CO., LTD. (the "Company") today announced consolidated results for the six-month period ended September 30, 2024 (the "Period"). The Company is listed on the Prime Market of the Tokyo Stock Exchange, with the stock code "9684," and prepares its financial statements according to the Japan GAAP.

Key Figures

(millions of yen, except percentages and per share data)

6 mos. ended 9/24

6 mos. ended 9/23

YoY change

Net sales

157,591

172,046

-8.4

%

Operating income

21,176

17,337

22.1

%

Ordinary income

18,141

26,124

-30.6

%

Profit attributable to owners of parent

11,750

16,623

-29.3

%

EPS, basic

97.91 yen

138.70 yen

-

Full year

Forecast FY ending 3/25

Actual FY ended 3/24

YoY change

Net sales

310,000

356,344

-13.0

%

Operating income

40,000

32,558

22.9

%

Ordinary income

40,000

41,541

-3.7

%

Profit attributable to owners of parent

28,000

14,912

87.8

%

EPS, basic

233.52 yen

124.37 yen

-

For additional information, please refer to the full-length Consolidated Financial Results document at: https://www.hd.square-enix.com/eng/25q2earnings.pdf or the Company’s IR website: https://www.hd.square-enix.com/eng/ir/.

In the Digital Entertainment segment, the HD (High-Definition) Game sub-segment’s net sales for the six-month period ended September 30, 2024 declined compared to the same period of the previous fiscal year as new titles generated lower sales than releases such as "FINAL FANTASY XVI" and "FINAL FANTASY PIXEL REMASTER" had the previous year. However, sub-segment operating losses narrowed mainly due to lower development cost amortization and advertising expenses compared with the same period of the previous year.

In the MMO (Massively Multiplayer Online) Game sub-segment, net sales and profits rose compared with the same period of the previous fiscal year on the launch of "FINAL FANTASY XIV: Dawntrail," the latest expansion pack for "FINAL FANTASY XIV."

In the Games for Smart Devices/PC Browser sub-segment, net sales and profits declined compared to the same period of the previous fiscal year due in part to weakness in existing titles, as well as to the fact that the previous year had seen the recognition of royalty revenue.

In the Amusement segment, the six-month period ended September 30, 2024 saw net sales and operating income rise compared to the same period of the previous fiscal year on sharp year-on-year growth in same-store sales.

In the Publication segment, net sales increased in the six-month period ended September 30, 2024 on year-on-year growth in both digital and print sales driven by strong sales of comics, but profits declined, mainly on changes in the product breakdown within sales.