Square Enix donates US $1.2M to disaster relief

[Llan]

Way to get the job done Square Enix!

Regards,
Llan Hana.

[Xatsh]

Square had no financial loss this year at least based off the most recent financial statements I seen, even after a 91% reduction in the NI estimate it was still net income not loss. So the company is still profitable. The stock price falling was a result of them being off by 91% (The stockholder earned 91% less then they where told to expect). Them having a massive loss is a rumor started by people not understanding what was said. Just want to sorta clear that up some.

More on topic, I glad to see them donate even after taking such a big hit. Shows the company is does have a heart something you do not see much in Western Business especially after a hit like that to NI and having a huge loss from shutting down a profitable game for a month.

[Holy_Dragoon]

This shows exactly why I am loyal to SE and the FF series as a whole. They actually care, I've always known I was attracted to them for some reason. Perhaps this global event will even help them get back to the best they can be, that we all know they are.

[Elkwood]

yeah SE made like 2 billion off other things before any MMO profits really they are not hurting, not to mention with XIIIVS due out later this year plus subscription service most likely starting before the 1 year point on XIV SE is in great financial shape.

[Nabiri]

Hurray! I would like to donate!

[Linkurrra]

In addition to the donation, the press release also says that they are collecting voluntary donations from employees, and will be setting up ways for people to contribute through their SE accounts and other online services.

You mean I will finally have a use to use my Crysta for something? lawl!

I'll look into this when they allow it Sqenix is a very upstanding company!

[Picoman]

A lot of people are not aware of how big SE is.
Kinda bugs me when people think just coz FFXIV is f2p that SE is gonna go bankrupt.
I guess a lot of people are used to playing/hearing of MMOs built by smaller companies that borrow all of their development money.
Of course Yoichi Wada and the top crew can pull the plug at any time but thats up to them.
They recently bought Eidos (Tomb Raider) a year or two ago and are setting up new development studios in Canada.

Here is a list of what they release between the launch of FFXIV and now:

- Front Mission Evolved (X360) (PS3) (PC)
- Lara Croft and the Guardian of Light (X360) (PS3) (PC)
- Final Fantasy: The 4 Heroes of Light (DS)
- Knights of the Crystals (Facebook)
- Chocobo's Crystal Tower (Facebook)
- SaGa 3 (DS)
- Kingdom Hearts Re:coded (DS)
- Mindjack (X360) (PS3)
- Final Fanstasy V (Wii)
- Lord of Arcana (PSP)
- Tactics Ogre: Let Us Cling Together (PSP)
- Final Fantasy III (Wii)
- The Tomb Raider Trilogy (PS3)

Im probably missing a few. Meh, my 2 cents.

[Abriael]

Can't believe they can afford to do this after the massive financial loss the company took during last year.

They experienced a loss in profit, but they are still turning a sizable profit (unlike many devs/publishers in the industry that have their numbers costantly in the red). The media (especially some extremely biasesed media that seems to have an interest or agenda in continuously bashing SE, like Kotaku. If you read Kotaku you can be sure you don't have a realistic account of SE's operations or anything related to them) just spinned the news a lot to try and make it look like they were on the verge of bankrupcy. That couldn't be more false.

Nonetheless, it's great to see corporations scrambling to support the ones hit by the disaster. Shows that they aren't quite as "heartless" as many make them out to be.

As usual, makes me feel proud of supporting this game and other games from this company.

[Szabtom]

Respect to SE! And a big appreciation for continuing the work on FFXIV (see the latest Letter from Yoshi).

[Jennestia]

They experienced a loss in profit, but they are still turning a sizable profit (unlike many devs/publishers in the industry that have their numbers costantly in the red). The media (especially some extremely biasesed media that seems to have an interest or agenda in continuously bashing SE, like Kotaku. If you read Kotaku you can be sure you don't have a realistic account of SE's operations or anything related to them) just spinned the news a lot to try and make it look like they were on the verge of bankrupcy. That couldn't be more false.

Nonetheless, it's great to see corporations scrambling to support the ones hit by the disaster. Shows that they aren't quite as "heartless" as many make them out to be.

As usual, makes me feel proud of supporting this game and other games from this company.

This -- The bitterness surrounding SE is pretty astonishing.