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Square Enix reveals that the Japanese market is no longer sufficient to meet earnings targets

Draugoth

Gold Member
square_enix_games.jpg

Square Enix has voiced the inevitable and that is that the Japanese video game market is no longer the companies priority as it is is no longer sufficient enough to recoup the company’s development investments and generate a profit. The Japanese video game market has changed massively over the years with the majority of gamers playing games on their smartphones and Switch and as such iOS and Android devices have now become the most popular device for playing video games in Japan. Square Enix now says that it will prioritise the overseas markets. Sony also previously hinted that they are focussed on western markets with their PlayStation 5 console. The company shut down its acclaimed Japan Studio.

“Achieving major growth in the game industry is difficult now for companies that compete primarily in the Japanese market, given its graying demographics. As such, it is critical for our business that we produce hit titles that speak to the global market, which offers greater scale in terms of both customers and sales volumes. In other words, the Japanese market is no longer sufficient for achieving a level of earnings that enables us to recoup our development investment and generate a profit, and we therefore need to approach our development efforts based on the assumption that we have to succeed in the global market.”
Yosuke Matsuda, Square Enix President and Representative Director

Source
 

Kataploom

Gold Member
Wouldn't take their words seriously, I still remember how TR 2013 failed to meet their expectations and the game sold like 5 millions... SE is completely delusional with their expectations in the last decade and the only thing that seems to provide actual sales are their AA games released this year
 

Mopey bloke

Member
Wouldn't take their words seriously, I still remember how TR 2013 failed to meet their expectations and the game sold like 5 millions... SE is completely delusional with their expectations in the last decade and the only thing that seems to provide actual sales are their AA games released this year

It is because of that incident I immediately reacted to this post with a thought of "no shit". It just can't be if they expect sales in the millions. There is no way they were primarily targeting the Japanese market till now for any other reason other than the reported difficulty Japanese creatives have of cracking what sells in the West. If they weren't before, and I think they clearly were, it was inability not lack of intention.
 
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