Square Enix’ latest financial report shows a decrease in sales for the period ending March 31, 2025, with newer titles underperforming. Final Fantasy XIV was yet again a bright spot with the release of Dawntrail, which drove up sales and operating income year-over-year. Dragon Quest III HD-2D also had a strong showing.
Net sales went from 356 million yen/ $2.5 billion USD a year ago to 324.5 million yen / $2.2 billin USD, and operating income
The financial snapshot follows last year’s release of an “aggressive” reorganization three-year plan and a move towards a consistent multiplatform strategy, and this report comments on some of the results of those efforts. As part of their plans, they have been taking more work in-house, and focusing on “an internal development footprint that brings “Fun” that only the Group can create”. Among their moves are to launch HD titles that could lead to growth, releasing AAA titles in its core franchises, and to launch a curated selection of titles that also take advantage of Square Enix’ IP Library.
Most of the plan focuses on diversifying approaches and trying to offer something unique for players. As part of these efforts, they’ve also taken a quality over quantity approach and have reduced or canceled games. As part of absorbing so much work in house, they’re also having their studios under one management group to bring everything more together and “strengthening customer contact points”.

