LuckyBancho data shows that FF14 is in decline

[DPZ2]

Ok I'm wrong, it's private by default. Thus except being another hint in the direction there is some kind of fall, it's really hard to tell anything with that.

I would point out that the numbers obscure an extremely important statistic: paying subscribers who contribute to SE's actual bottom line.

Fiscal Year 2020/2021 about 80 billion yen in net sales (ShadowBringers)
Fiscal Year 2021/2022 about 115 billion yen in net sales (Endwalker)

Year 2021 net sales of 39 billion yen (year 2 ShB)
Year 2023 net sales of 53 billion yen (year 2 EW)

There is no possible interpretation of the 14 billion yen difference in revenue over the second year of each expansion that would lead to "the game is less healthy, financially, in EW".

There is "noise" in these values, as the MMORPG group has Final Fantasy XI and Dragon Quest X included in those numbers.