financial
November 6th, 2009 at 11:30pm
Under DS
Square Enix recently chose to attack with its annual earnings report, and among the 12-page PDF file’s barrage of numbers, things look pretty good for the company. Net sales for the six months ending September 30, 2009 were up 33 percent over the same period last year to 91 billion yen ($1 billion), while operating income was also up by 39 percent to 13 billion yen ($144.5 million) over the same period last year. It’s not all roses and Dragon Quest IX sales, however — net income was down almost 58 percent to 2.7 billion yen ($30 million).
The statement also talks about the acquisition and assimilation of Eidos in direct proportion to Square Enix’s games group division — which includes video games across all platforms and online games for personal computers. Through the aid of titles like Batman: Arkham Asylum, Kingdom Hearts 358/2 Days and the aforementioned Dragon Quest IX, the games division rose its net sales and operating income by 117 percent and 63 percent to 4.8 billion yen ($53 million) and 1.0 billion yen ($11 million), respectively.
As for the company’s upcoming darling, Final Fantasy XIII, Square Enix prez Yoichi Wada spoke about concern regarding the title’s projected domestic sales. Basically, he’s not concerned at all! “PS3 sales continue to increase. We’re bundling PS3 and FFXIII, and can expect even further sales increases. Orders for FFXIII are definitely not bad,” he said. While he didn’t reiterate anything as bold as six million, Wada did claim that the game is expected to sell in the millions.
Source – Square Enix earnings (PDF) [Via andriasang]
Source – Wada comments on FFXIII sales
Square Enix summons Earnings Report; Final Fantasy XIII Sales Projections evade attacks originally appeared on Joystiq on Fri, 06 Nov 2009 22:30:00 EST. Please see our terms for use of feeds.
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Tags: dragon-quest-ix, earnings, earnings-report, eidos, financial, square-enix, yoichi-wada
By Mister-X
Continue Reading Square Enix summons Earnings Report; Final Fantasy XIII Sales Projections evade attacks
November 4th, 2009 at 08:01pm
Under PSP
THQ has released its financial results for the second quarter of its fiscal 2010, which ended September 30, 2009, and things are mostly looking up. The company lost money this quarter compared to the same period last year, posting non-GAAP net sales of $100.38 million, down from $151.62 million during Q2 of its fiscal 2009. However sales are up for the entire year, with THQ posting net sales of $334.28 million for its fiscal 2010 thus far, up from $272.69 million last year, a 22 percent increase.
THQ blamed the second quarter dip on a lack of new titles, though it hopes to have a good holiday season thanks to a “strong mass-market line-up” including WWE Smackdown vs RAW 2010 and MX vs ATV Reflex. The company was also sure to mention its triumph in the JAKKS Pacific lawsuit, which resulted in a much lower payment to the longtime WWE series developer (though the scuffle is still haunting the publisher).
Finally, THQ promised to prevail in its march to profitability by the end of fiscal 2010. Though the company expects its Q3 2010 to be 5-10 percent lower than the same period last year, it predicts Q4 sales will exceed those of last year. A reasonable hope, given that all of THQ’s major releases drop in its fiscal Q4, including Darksiders, Metro 2033 and the Dawn of War 2 expansion, Chaos Rising.
2009 THQ year-to-date sales up 22 percent over 2008 originally appeared on Joystiq on Wed, 04 Nov 2009 19:01:00 EST. Please see our terms for use of feeds.
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Tags: business, financial, financial-results, thq
By Mister-X
Continue Reading 2009 THQ year-to-date sales up 22 percent over 2008
October 29th, 2009 at 02:40pm
Under DS
Nintendo’s profits took a 52 percent dive in the first-half of 2009 compared to the same period last year, which sounds horrible — until the realization hits that the company still brought in $766 million in pure profit. Yes, Nintendo is still doing all right, even as it cut its profit forecast for the fiscal year ending March 2010 from $3.3 billion to merely $2.53 billion. Tragic, we know.
The Wii has now sold 56.14 million units globally, while the DS has reached 113.48 million in unit sales. There’s been a general slowdown of software sales, however, as the House of Mario has had fewer high-profile releases so far this year — we count only: Wii Sports Resort. Although investors may see the profit decline as a bad thing, it’s not like Nintendo’s plump plumber is going to be forced to cut back on those hearty meals any time soon.
Source — Nintendo financial report [PDF]
Source — Nintendo profits slide (MCV)
Nintendo half-year results show profits down in ‘09; still making boffo bucks originally appeared on Joystiq on Thu, 29 Oct 2009 13:40:00 EST. Please see our terms for use of feeds.
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Tags: 2009, earnings, financial, financial-results, hardware, nintendo, profits, sales, software
By Mister-X
Continue Reading Nintendo half-year results show profits down in ‘09; still making boffo bucks
October 23rd, 2009 at 03:00pm
Under Xbox 360
Despite a year-over-year dip in both revenues (14%) and net income (18%) for the company as a whole, Microsoft’s Entertainment and Devices Division – which houses the Xbox, Games for Windows, and Zune brands, amongst others – nearly doubled its operating income in the period ending September 30, thanks to “decreased Xbox 360 platform costs,” meaning console production costs.
The company reports that “EDD revenue was flat with growth in Xbox 360 platform and PC game revenue offset by decreased revenue from the non-gaming portion of the business” (think: Zune, Windows Mobile). Even with “decreased revenue per console resulting from price reductions during the past 12 months,” Xbox 360 platform and PC game revenue increased by 8% “due mainly to increased revenue from Xbox Live and Xbox 360 video games.” While the 2.1 million Xbox consoles shipped for the quarter just misses the 2.2 million mark from last year, those reduced production costs help.
With the Xbox sharing top billing with Microsoft’s flagship money maker, Windows, on the earnings announcement – both “exceed[ing] expectations due to strong consumer demand” – it seems that Microsoft finally has a consistent hit on its hands. Now, let’s talk about accessory pricing …
Source – Microsoft Reports First-Quarter Results
Source – Xbox Division Doubles Profit in Q1
Xbox division a bright spot on Microsoft’s quarterly report originally appeared on Joystiq on Fri, 23 Oct 2009 14:00:00 EST. Please see our terms for use of feeds.
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Tags: financial, microsoft, q1-2010
By Mister-X
Continue Reading Xbox division a bright spot on Microsoft’s quarterly report
