>Square Enix has shut down Shinra Technologies, its 2014-established cloud gaming subsidiary, the company announced.
>Both Shinra Technologies, which is based in New York, and subsidiary Shinra Technologies Japan, based in Tokyo, will be dissolved. The estimated dates of completion of liquidation for each company are March 31, 2019 and June 30, 2016, respectively.
>In a press release, Square Enix explained the reason for Shinra’s closure: “As a cloud platform operator, [Shinra Technologies] has been trying to raise funds necessary for further business operations from third party investors. However, [Shinra Technologies] has found no prospective investors at this point, and therefore has to discontinue its business.”
>Square Enix notes it will book an “extraordinary loss” of approximately two billion yen in the consolidated financial results for the fiscal year ending March 31, 2016.
TWO BILLION YEN
Sweet /v/, laugh derisively at them.
>March 31, 2019
Seriously? Jesus christ, imagine being one of the people who greenlit that. A worthless, liquid, burning shit that takes five years to flush down the toilet.
>release games exclusively for xbox and nintendo
>release fucking NOTHING for ps3 except ff13
>didnt keep the promise of "FF13 PS3 exslusive"
>fire most programers
>lose billions of yen in stock
Tell me 1 thing wada did right.
You mean they are rightful finally cutting off the last thing Wada ever did for the company?
They are cutting off the fat, sometimes it hurts but this is the right thing to do and they will be better off for it.
List of PS3/PSP exclusive/timed exclusive game
List of Xbox 360 exclusive/timed exclusive game
>star ocean 4
List of WiiDS exclusive/timed exclusive
>more than the stars in the sky
List of their own fanbase they've lost
>Every single one of them
>thinking that the whole SE fanbase is on Sony consoles
SE was never exclusive to any company
PSP also had exclusives with Dissidia, Dissidia 012, Crisis Core, 3rd Birthday, FF4/TAY 2D remake, FF1 and FF2 2D remake, KH BBS and FFType-0
BBS was ported to PS3 and Type-0 got a remake for 8th gen platforms.
DS got FF3 and 4 remakes, later ported to PSP and PC, exclusives like FF4Hol, FFTA2, FF12RW, DQ5 remake, DQ6 remake, DQ9, DQMJ, DQMJ2, DQRS etc
Really you get the point, SE was never exclusive to one platform.
You mean Wada did
Wada lead Shinra too and look how that turned out, even after being fired from SE he still had to have a last chance to fuck something up
Based Matsuda is cutting off all the fat and anything relating to Wada
Last Remnant was intended for western audience and was received very badly in Japan(it sold much worse than other x360 JRPG's here), they knew it on a prototype stage hence X360 timed exclusivity with later PC release.
He was demoted from SE CEO in 2013 and Matsuda then took over and had to fix his mess
Wada was still a higher up so he had enough pull to get this Shinra thing started, but he was fired from SE in 2015 and the Shinra thing was seperated from SE, now SE is closing down the Shinra thing for good
Wada really fucked everything up
The thing I like most about him is that he spearheaded that SE open up a new studio specifically for classic styled JRPGs, and that first game that studio is making is heavily inspired from Chrono Trigger, I hope Setsuna does well so that they can expand that studio
Love the damage control of people saying "it's only 2 billion", that's not even the budget of a PS3 game. Net Income of SQEX last year (which was an exceptionally good year) was 6.5 billion.
So a 2 billion exceptional loss is huge. Would be like throwing away 4 months of net income when the company has been unable to stay in the green for 5 consecutive years since forever. Every time SE end up with a positive year they fuck it up somehow couple years after.
Sure it's not going to kill them or endanger their future, but it's still a huge loss.
This is 2 billion yen, not dollars
The price in dollars is 17 million which is less than SEs lowest budget PS3 games.
Yes it is a loss but it is a necessary one, cutting off the fat that Wada created and in the long run it is a good thing, it won't be long before they make the money back anyway since SEs 2016 lineup is full of gangbusters.
I'm talking in yens as well. It makes no sense to convert in USD. Still it's 4 months of net income down the drain, and that is a lot if you have a clue about how business are working.
Are you fucking retarded? FFXV alone will sell 5 million minimum
Deus Ex is also coming out which will sell millions, DQ11 also has a chance of coming out in Japan this year which would also sell millions, and they have a bunch of mid size to smaller games with Star Ocean 5, World of FF, DQMJ3, DQBuilders and more.
Sorry anons, while DX may sell decently, because Eidos sells decently, weebs died out because of their inability to reproduce so they can hope for 2 millions max for each of their Japanese games.
FF13 sold 7 million
FFXV is coming out on PS4, which has a higher install base than PS3 did when FF13 came out, like seriously PS4 is at 35 million sold now? It will be even higher by the time FFXV comes out later this year
FFXV also has 10 years worth of hype surrounding it and is the first 8th gen mainline FF, it will sell more than FF13 did
Yeah, it will sell pretty well. The thirst is high for another FF game. It's been half a decade since the last one. And this one is an open-world game aswell making it viable for a mass audience.
So is XV you stupid fuck
>And the only games that sell on the PS4 is dudebro stuff.
Are you fucking retarded? FF is mainstream, it sells to the mainstream audience
FF13 was on 360, 360 is "dudebro" yet it still sold 2 million on 360, fuck off retard.
XV is on PS4 and Xbone, XV itself is one of the most anticipated games of this year and has been for a number of years, you are absolutely fucking delusional
Can we also add that Final Fantasy XIV is in a pretty awful state now if we're listing Square's failures.
Who is this man in my image?
Well if George Lucas was a producer for games he'd look like this.
The FFXV demo has already sold over 1 million you idiot, the DEMO sold over 1 million which is even more than FF7s demo which did 700k.
Weekly polls in Japan have XV listed as the top 5 most ancitipated games, most of the time it being in top spot.
XV has 10 years of hype and buildup surrounding it, how much more underage can you even get?
FFXV, KH3 and Type-0 HD are the PS4 and Xbone games
FF7R, Nier 2 and KH2.8 are the three games currently with only PS4 releases announced, but will most likely come to others but no announcement has been made yet
WoFF and Setsuna are both PS4 and Vita
Star Ocean 5 is PS4 and PS3
DQB, DQH2 is PS4, PS3 and Vita
DQ11 is 3DS and PS4
DQ10 is now coming to Wii U and PS4
Dissidia Arcade is Arcade and PS4
SaGa Scarlet Grace is Vita only
DQMJ3 is 3DS only
They haven't announced a single new game coming to Xbone ever since the Xbone was released in Japan, FFXV, KH3 and Type-0 HD were all announced for Xbone releases before the Xbone was even out in Japan.
Can you please shut the fuck up already? You made your point. You think XV will sell like Gone Home and not previos mainline FF games because your mother fucked her brother and gave birth to you. We get it.