Square Enix Sees Huge Increase in Digital Game Sales, Upping Its Financial Forecast
While physical sales decline
by Robert Ramsey · Push SquareMuch like Capcom, Square Enix is seeing a significant surge in digital game sales, as opposed to physical, with the latter now in steady decline.
In fact, Square Enix's latest financial report is pretty eye-opening. It makes for a positive assessment of the company — something of a rarity over the last several years — and it's primarily down to the aforementioned increase in digital purchases.
The publisher reveals that digital sales have practically exploded, jumping from 5.83 million to 8.19 million year-on-year. It cites healthy numbers for Final Fantasy 7 Rebirth's Nintendo Switch 2 and Xbox ports, and The Adventures of Elliot — the action RPG that was released back in the summer.
In total, a whopping 89% of all Square Enix's sales were digital over the last six months, while physical sales dropped from 1.09 million units to 1.01.
So while there's still some demand for boxed games, the slice of the pie is only getting smaller.
All of this has led to the Japanese company upping its financial forecast for the rest of the fiscal year, going from ¥298,000 million to ¥310,000 million. While not a massive jump, it's still a good sign, given the publisher's recent struggles.
Of course, all eyes will now be on Final Fantasy 7 Revelation, which launches on the 8th April. It'll be the first game in the trilogy to release on multiple platforms — a move that Square Enix thinks could make a big difference after Rebirth couldn't come close to matching Remake's initial sales.
What do you make of Square Enix's current situation? Is the publisher finally on the up? Wait for some digital discounts in the comments section below.
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[source hd.square-enix.com, via nintendolife.com]
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About Robert Ramsey
Robert (or Rob if you're lazy) is an assistant editor of Push Square, and has been a fan of PlayStation since the 90s, when Tekken 2 introduced him to the incredible world of video games. He still takes his fighting games seriously, but RPGs are his true passion. The Witcher, Persona, Dragon Quest, Mass Effect, Final Fantasy, Trails, Tales — he's played 'em all. A little too much, some might say.
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