Square-Enix: Several games have been canceled after recent flops

Sony exclusivity has hurt Square-Enix more than expected: several of the publisher's games may have been canceled in cold blood

We regret, in retrospect, the sarcasm directed at the issue when talking about Kingdom Hearts IV, but apparently the canceled games among the unborn children in gestation near Square-Enix they are more than expected. The big picture from the publisher that gave us Final Fantasy XVI and Final Fantasy VII Rebirth comes from the company's quarterly report. The fiscal year that ended in March, therefore, was not triumphal. The company's losses amounted to 22.1 billion Yen or, in Western currency, a 140 million dollars. “At a meeting on March 27, 2024, the Board of Directors of Square Enix Holdings voted, in light of the many changes underway at the company, to review the approach to high definition game development to better allocate development resources ,” this the begins with a stone of the sentence. We leave you at the source.

Square-Enix's canceled games: for whom does the bell toll?

Exclusivity or not, the games canceled by Square-Enix were abandoned for good reason: “Following careful analysis,” the statement concludes, “the company estimates an overall cost of 22.1 billion Yen for abandonment of the contents at the end of the fiscal year.” In other words, therefore, the publisher intends at least ensure that future projects turn out to be profitable, or at least that future exclusives (if this is the path to pursue once again) on Sony consoles will be quite successful. However, 140 million dollars invested in the development of various titles have evaporated. It is unlikely that we will ever know what it was about.

Now it's up to you to tell us your opinion: in your opinion which game will the RPG giant's ax have fallen on? Let us know below, and as always don't forget to stay on techgameworld.com for all the most important news for gamers and beyond. For your purely gaming needs, you can instead find the best discounts in digital format on Instant Gaming.

Stefania Romagnoli is a dedicated writer who delves into the world of video game news. With a profound passion for gaming, Stefania keeps readers informed and up-to-date on the latest developments, announcements, and trends within the gaming industry.