Square Enix wants to reshape its game development after Final Fantasy 16 fails to boost profits

Japanese gaming conglomerate Square Enix is seeking to significantly change its approach to game development, the company’s president has announced. This comes after the publisher noted a decrease in profits between December 2022 and 2023, even with Final Fantasy 16 tacked on in June last year.

Bloomberg reported on Feb. 6 that Square Enix’s representative director and president Takashi Kiryu announced the company would be opting for a “fundamental review of its development system” to improve the quality of its products (quote was translated from Japanese using DeepL). Kiryu continued by adding Square Enix would aim to “reduce outsourced development” and refocus itself on in-house development, all in an attempt to increase quality and profit margins. The new structure and approach are supposed to come this April, analysts said, with Kiryu announcing more will be revealed in Spring 2024.

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