What does it mean for Sony to sell Square Enix's stocks?

[ShinigamiB06]

Someone shared the news about Sony selling their SE shares. But that was basically a troll/flame thread. I want to have a serious discussion about it, what it means, and how it will affect the future of SE?

My background isn’t in business at all, so I have no understanding whatsoever on this move. But from where I’m standing, it doesn’t make sense for Sony to sell SE *NOW* when they basically just announced that SE is banking MAD money with FF14 AND they are just about to come out with KH3 and FF15 which are mayor. And let’s not forget FF10 HD which just banked mad money too! it even outsold FF13-3! To see Sony sell SE now, which is arguably SE’s prime, is a bad sign to me. It’s almost like saying that they feel this is just a lucky break and not consistent success. And this worries me because I want more FF (and KH) games!

And what the hell does a security company want with SE???

Source: http://www.ign.com/articles/2014/04/...in-square-enix

[RyuDragnier]

More like Sony wants more money, and they saw an opportunity for it.

[Moheeheeko]

Its called Sony has been bleeding money like a stuck pig since the PS3 launched. They also sold 2 major headquarters in the past few years, and the ps4 has stuck with the "we dont make money till we sell 4 games per console" mantra, and the lack of games on the ps4 is hurting that.

Square is fine, its Sony you need to worry about.

[Marxam]

[C-croft]

Securities is not security in the way you are thinking of.


The United States Securities Exchange Act of 1934 defines a security as: "Any note, stock, treasury stock, bond, debenture, certificate of interest or participation in any profit-sharing agreement or in any oil, gas, or other mineral royalty or lease, any collateral trust certificate, preorganization certificate or subscription, transferable share, investment contract, voting-trust certificate, certificate of deposit, for a security, any put, call, straddle, option, or group or index of securities (including any interest therein or based on the value thereof), or any put, call, straddle, option, or privilege entered into on a national securities exchange relating to foreign currency, or in general, any instrument commonly known as a "security"; or any certificate of interest or participation in, temporary or interim certificate for, receipt for, or warrant or right to subscribe to or purchase, any of the foregoing; but shall not include currency or any note, draft, bill of exchange, or banker's acceptance which has a maturity at the time of issuance of not exceeding nine months, exclusive of days of grace, or any renewal thereof the maturity of which is likewise limited." - Lifted from wikipedia foot note, source 1


And yes, Sony is the one trying to gather up funds, not the other way around.

[HeroSamson]

Will this effect Final Fantasy 15 and Kingdom hearts 3 or future titles heading to ps4.

Security company it almost sounds fake lol

[LexSunfire]

i wouldn't read too much into Sony selling its SE stock. Sony is going through a complete upheaval. They've been losing money like crazy. they recently sold off their computer side and refocusing on the ps4, tablets, phones, and tvs only. the fact that they decided to sell SE stock reflects absolutely nothing on SE. it just means that Sony was looking for a quick way to make money. the fact that a Securities company is buying the stock means absolutely nothing except that the Securities company found it to be a good investment.

who owns SE's stock does not affect the direction SE is going. if SE's stock suddenly dropped in value, then you might have reason to worry. but as long as SE is trending upwards, which it is, then no reason to panic.

[ReplicaX]

And what the hell does a security company want with SE???

To invest. Ppl already explained Sony's situation.

[MythToken]

In general selling your own stock is not a bad thing, and in fact owning too much of your own stock IS a bad thing.

[Seif]

I'm really worried for Sony.

Playstation is a great brand and I'd hate to see it go away because other areas of Sony were mismanaged during the last decade.