Square Enix has canceled some of its video games with millions in losses

Although we are not informed which projects have been cancelled

Square Enix in recent years has been one of the publishers with the highest number of releases each year, and among them we found some of the best role-playing games ever. Between the new versions of their classics, excellent releases and promising titles, but without the ability to attract the general public, they have offered us a large number of video games every year, but it seems that this is not the approach that the new CEO of this Japanese company wants. At the time he took office, Takashi Kiru, He confirmed that he wants to make fewer video gamesto better concentrate their quality, but now we have learned of their first actions in this regard, which cost the company several millions.

We were able to find this out thanks to a recent announcement sent out to investors by Square Enix, which states that losses in the amount of about 140 million dollarsand indeed it is due to the cancellation of several projects that were in development.

“The company expects to recognize a loss of approximately 22.1 billion yen due to the abandonment of content on its books for the fiscal year ending March 2024,” the same news noted. leaving no room for doubt.

unfortunately We do not know which projects have been cancelled. Indeed, Square Enix hasn’t had many announced projects on the horizon – beyond Kingdom Hearts 4 and the third remake of Final Fantasy VII – but some of these titles may be in line with what has been leaked, as is the case with a possible Final Fantasy IX remake.