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Square Enix reports new rise in income thanks to Final Fantasy XIV

Final Fantasy XIV

Final Fantasy XIV is leading the charge for Square Enix as the company noted its financial success is thanks to the popular MMORPG.

The company’s latest earnings report for fiscal year 2021 has been released, where Square Enix confirm they’ve found an increase of income year-over-year by 25.4%.

Square Enix noted the major contributing factor to their financial success is Final Fantasy XIV. Specifically, due to the release of their Endwalker expansion, which led to increase of sales and the company reports an increase in subscriptions for their MMO.

They also discuss in their report about their plans to continue developing their NFT and blockchain technology due to encouragement from feedback and results. One of the points they bring up in regards to this topic is launching a new NFT brand and new IP with “world‐building, story‐focused creatives”.

This is no surprise given the recent news of Square Enix selling off properties such as Tomb Raider, Legacy of Kain, Thief, and Deus Ex.

We also reported at the time that Square Enix would take the $300 million they sold them for in order to invest into new games, studios, and blockchain. They are also looking into “play-to-earn” as another model for gaming.

These financial reports also seem to lend towards the changing direction for Square Enix. Aside from them already selling off the major IPs stated above.

The Square Enix president has gone on record that they cannot make good games by imitating westerners. They’ve also stated their desires to create more “HD-2D” games. This combined with the success of Final Fantasy XIV, the company may have found its vision on where it would do best in the gaming industry.

Speaking of Final Fantasy XIV, you should check out our review of the game’s latest expansion, Endwalker, here. We very highly recommend it. Final Fantasy XIV is available on PS4, PS5, and PC (via Steam and its own client).

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Got into gaming thanks to a nice old lady who lived across the street. Enjoy most genres of games.