informa
/
1 MIN READ
News

Square’s CEO Quits after Poor Showing by Final Fantasy

Game software maker Square announced that president and chief executive officer, Hisashi Suzuki would resign after the company reported its worst-ever loss for the first half due to a disappointing showing by its Final Fantasy The Spirits Within mo
Square reported a group net loss of $106.8 million for the six months through September 30. The film has generated revenue of about $30 million in the U.S. market, well below the targeted $80 to 90 million, and interest among Japanese consumers has also been weak. The earnings news came as no surprise to the market as the company issued a profit warning last week. Chief operating officer Yoichi Wada will take the top position on December 1, while Suzuki will remain as the chairman.

Latest Jobs

Cryptic Studios

Remote
1.19.23
Senior Producer

Night School Studio

Los Angeles, CA, USA
1.09.23
Level Designer / Scripter, Games Studio

Fast Travel Games

Hybrid (Stockholm, Sweden)
1.09.23
Social Media / Community Manager
More Jobs   

CONNECT WITH US

Explore the
Subscribe to
Follow us

Game Developer Job Board

Game Developer Newsletter

@gamedevdotcom

Explore the

Game Developer Job Board

Browse open positions across the game industry or recruit new talent for your studio

Browse
Subscribe to

Game Developer Newsletter

Get daily Game Developer top stories every morning straight into your inbox

Subscribe
Follow us

@gamedevdotcom

Follow us @gamedevdotcom to stay up-to-date with the latest news & insider information about events & more