Square Enix Finds A Scape Goat For Financial Losses

By Jared Scott on May 13, 2013, 9:46AM EST

Sadly, this fiscal year ended with another great financial loss for Square Enix of 13.7 billion yen or 134.9 million dollars.

Square attributed the losses to "increasingly competitive and oligopolistic" console market in both the United States and Europe. While no one was named, Square Enix continued on saying that there are a select few small game companies that are to blame because of their high influence.

They also continued to blame the "underperformance" of Sleeping Dogs, Hitman: Absolution, and Tomb Raider whose combined sales are totaled at 8.75 million copies. However, praise was given to their Japanese and Korean sales in the smartphone and browser game market which has been consistently profitable.

While Square seems to have an agenda against their more successful, "Western" titles, one thing is definite: unless something changes soon, Square Enix may not be around to complain about sales for much longer.

Source: Gamasutra

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