Square Enix Disappointed With Forspoken, Still Excited For NFTs
Staff, 2023-03-10 11:05:00,
Stop me if you’ve heard this one before: Square Enix is disappointed in the sales of one of its games. Tomb Raider, Hitman, Outriders, Guardians of the Galaxy—it’s a long list, and Forpsoken just got added to it. Current Square Enix president Yosuke Matsuda said during the company’s most recent earnings call that sales of the magical realist action-RPG were “lackluster.” On the upside, he said he hopes people will look forward to NFT games launching in the next year.
“Reviews of Forspoken, which we released on January 24, 2023, have been challenging,” Matsuda said in a February 3 earnings briefing, the translated transcript of which was only released today. He added that while the parkour and combat in the game were well received and will help the company’s development capabilities for other titles, the game isn’t selling as much as Square Enix had hoped.
“Its sales have been lackluster, and while the performance of new titles with February and March release dates will be the ultimate determinant, we see considerable downside risk to our FY2022/3 earnings,” he said.
Elsewhere during the meeting, Matsuda, who is currently set to be replaced after a decade at the helm in June, said HD game sales were down year over year, partly due to not having a new Final Fantasy XIV expansion last year, “but also because many of the new small and mid-sized titles we launched this year did not perform as well as we had expected.”
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