Square Enix Announces Fiscal Year Financials

For the most recent fiscal year, Square Enix had net sales of ¥124.4 billion, compared to ¥73.9 billion in the previous financial year. This translates to reported net income of ¥17.1 billion compared to ¥14.9 billion in the prior financial year.

Despite the solid financial results, the Credit Suisse Group lowered its rating of Square Enix shares as an investment due to lower profit forecasts, hurting Square Enix's stock price in the financial markets.