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Without Eidos, Square Enix Would Be In Serious Trouble


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Darryl
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May 16, 2011 07:32:00 PM   

Quote:Square Enix has been having a bit of trouble as of late, which has resulted in a net income of -$148.4 million for the fiscal year which ended on the 31st of March, 2011. However, back in 2009 when they purchased a beleaguered Eidos, things were starting to look up for the company. They were expanding their opportunities while continuing to grow their existing properties and it culminated in releases such as Batman: Arkham Asylum, Final Fantasy XIII and Just Cause 2. It also saw their first increase in net income for a considerable amount of time. But, given Square Enix's rather frank admissions about their own quality, and the cancellation of so many unannounced products, without Eidos things would be so much worse. It could even be argued that Eidos is a primary factor in what's holding them together right now.

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