Square Enix notes $65M in net income for this fiscal year

Square Enix confirmed net income of 6.5 billion yen (roughly $65 million) for this year's fiscal year ending March 31, 2014, according to the company's latest financial report.

The company reports net sales of 155,023 million yen, an increase of 4.8 percent from last year's total sales, in addition to a 10,543 million yen operating income compared to last year's 6,081 million yen operating loss.

Its digital entertainment sector, which includes the massively multiplayer game Final Fantasy 14: A Realm Reborn saw net sales of 94,571 million yen, an increase of 5.7 percent compared to the same period last year.

Likewise, titles including Final Fantasy X/X-2 Remaster, Thief and Tomb Raider: Definitive Edition saw "Favourable sales," while Final Fantasy 14: A Realm Reborn saw "favourable progress."

Square Enix adjusted its projected financial results for the year ending March 31, 2014 last week, with net sales and operating income expected to exceed its original forecast due to strong sales of Final Fantasy 14: A Realm Reborn.

Square Enix reported a turnaround in February after a disastrous 2013 fiscal year and was producing positive results in the first three quarters of the company's 2014 fiscal year.

Earlier this month, Square Enix announced last month the total number of registered users for the reboot of 2010 MMO Final Fantasy 14 had exceeded 2 million worldwide. The game rolled out to PlayStation 3 and Windows PC last fall, followed by a PlayStation 4 release last month. Check out Polygon's Overview video of the MMO below.


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