Square Enix loses out in first fiscal quarter, but tips its hat to 'Dragon Quest'

Square Enix's earnings for the three months ending June 30 are up from the same period last year, with the publisher attributing the profits of the three month period to strong sales of Dragon Quest Monsters Terry No Wonderland 3D, Sengoku IXA, and Final Fantasy Brigade.

Square Enix slipped into a loss for the three month period ending June 30th, the publisher announced today.

The company behind the Final Fantasy series stated it lost $26.3 million in the first firscal quarter compared with a profit of $8.8 million just one year ago.

However, sales saw a small rise to $317.2 million compared to $312.2 million during the same period last year, which is attributed to strong sales of Dragon Quest Monsters Terry No Wonderland 3D, Sengoku IXA, and Final Fantasy Brigade.

Square Enix said that Dragon Quest, Sengoku IXA, and Final Fantasy Brigade "continued to post favorable results" and that "The Company is actively making investments in a sizable pipeline of content under development."

Its forecast of net sales for the year ending March 2013 is 165,000 million yen, compared to the previous year's actual earnings of 127,896 million yen. Forecasts for the current fiscal year ending March 31st, 2013, are unchanged from those issued in March 14th, 2012.