Square Enix Reports Large Profits; EA Announces Q3 Losses

Final Fantasy XIII is Square Enix's next blockbuster release, coming out in March

Square Enix recently reported rather sizeable profit increases on a year-on-year basis, with increases in the many billions of Yen.

They have stated that their operating income increased by 68% from the previous year, to 21.4 billion yen and that net sales for the period were up 30% to 135 billion yen. Square obviously have the release of Final Fantasy XIII in Japan to thank for a lot of that, as well as Arkham Asylum which sold very well. This is pretty good news given the current economical climate and all that stuff that I am not going to pretend to be knowledgable about. Still, good to hear that a company is doing well.

At the same time, EA has announced a loss in quarter 3 of its fiscal year, despite various big-name titles. Games such as Left 4 Dead 2, Dragon Age and even FIFA 10 were not enough to stop the company from seeing a decline in profits from the previous holiday period.

However, with Dante’s Inferno already out as well as the massive Mass Effect 2, I don’t think it will be anything major to worry about for EA. With ME2 topping all the sales charts, it’s already looking like a good start to 2010 for the publishing giants.