Three of Square Enix’s most high profile recent releases sold worse than expected, the company’s president has reportedly said.
According to Bloomberg’s Takashi Mochizuki, Square Enix president Takashi Kiryu told analysts that sales of Final Fantasy 7 Rebirth, Final Fantasy 16 and Foamstars all fell short of its expected revenue and profit.
As a result, the publisher expects to earn an operating income of ¥40 billion ($255 million) this financial year, instead of analyst estimates of ¥57 billion ($364 million).