Square Enix Reportedly Bleeding Money From Its European Branch
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- Square Enix is reportedly bleeding money from its European branch.
- The company’s net loss is reported to be $87 million currently.
- Square Enix is the studio behind the Final Fantasy and Dragon Quest franchises.
A report by Gamebiz via Automaton revealed that Square Enix’s European branch is bleeding money. According to the outlet, the company’s revenues are down 7% from the previous fiscal year, and its operating loss is over $87 million. This subsidiary handles the distribution of goods and video games in the region.
Additionally, the company’s deficit margin has grown compared to the previous fiscal year, when Square Enix reported an operating loss of $50 million and a net loss of $47 million. This year, the company’s net loss has been declared to be $87 million.
In 2024, the company laid off employees as part of its restructuring. Offices in the United States and Europe have been affected by it. There is no news regarding layoffs this year as of the writing of this article.
Square Enix is the studio behind the famous Final Fantasy and Dragon Quest franchises. The company was a merger between Square and Enix that happened in April 2003. Recently, it announced the release date for Dragon Quest I & II HD-2D Remake, which will be on Oct. 30, 2025.
