That's true. Also some of that profit goes into the pockets of shareholders as well.
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I believe SE financials show them making 130.3 billion yen on phone/browser games, 62.2 on MMO, and 87.1 on HD games (like Forspoken, etc). Thus most of the money funding things like FF16 probably comes from profit of mobile, not MMO, games.
Link to article that has link to pdf results:
https://www.pcgamer.com/square-enix-...he-blockchain/
i mean FFXIV has rakes in the cash constantly from subs alone not including any extras like monthly subs for retainers or the app companion. Then you get into the people switching from the free trial to go beyond HW for game sales of FFXIV and then the mogstore. So yea. FFXIV is a bank for their other SE other IPs for game development and projects.
I find it immensely amusing that people are trying to say FF16 isn't an RPG.
I guess Tales of Arise, along with the rest of the Tales of series aren't either.