Square Enix Revises Earnings Forecasts For Major Loss

[Vanas]

Yes, I was kind of hoping to hear what Bayohne or someone else from SE has to say.
Do we have reason more reason to worry about this game?
Now, do you have anything to add to the discussion or are you just trying to make an ass out of yourself?

[yukikaze_yanagi]

I already did: /care

[Wobi]

Yes, I was kind of hoping to hear what Bayohne or someone else from SE has to say.
Do we have reason more reason to worry about this game?
Now, do you have anything to add to the discussion or are you just trying to make an ass out of yourself?

Let's see, it's May 12th. That report detailed the revised earnings for Fiscal Year ending March 31st, 2010. It would seem from the report that they cut a few projects already prior to the end of said fiscal year to soften the losses.

Yoshida, as well as SE Reps such as Bayohne, have been keeping us updated as to the status of the game as well as things we have posted they might or are considering to add. Yoshida himself stated that they are funding this game entirely without investor funds and it will rise or fall on their shoulders without pressure from outside investors.

Do you liken the SE Forum Reps to the stewardess that knows the plane is going down but has the job of calming the passengers before the captain gets on the PA System to warn everyone to say their prayers? Do any of you honestly think the game is going to be cancelled and all these posts and Lodestone updates occur as part of an elaborate charade because they just don't have the heart to tell us?

[Vanas]

Do any of you honestly think the game is going to be cancelled and all these posts and Lodestone updates occur as part of an elaborate charade because they just don't have the heart to tell us?

I'm not sure if the game is going to be canceled. The article says that they had previously predicted a profit of 1,000 million yen, but now they're predicting a 12,000 million loss?
Just looking at the numbers, it would seem like there might be some worry for XIV.
It's an honest question, no need to pull out the pitch forks.

[Armok]

This doesn't really mean much without seeing what *exactly* the losses are from.

Half of that loss could be on new infrastructures that would show a loss for that year, but make them 10x more over the next 15 years.

[Wobi]

I'm not sure if the game is going to be canceled. The article says that they had previously predicted a profit of 1,000 million yen, but now they're predicting a 12,000 million loss?
Just looking at the numbers, it would seem like there might be some worry for XIV.
It's an honest question, no need to pull out the pitch forks.

What I am saying is that if the game was in danger they would know about it already, you don't spend money updating the game/forums/employing reps if the game is going down due to financial constraints. If they had in fact been holding out, their image would be far more tarnished than it has already become to some of it's player base. It's just not a logical move from a business standpoint.

[Cairdeas]

This means nothing for FFXIV.

What it means is they cancled some games they had on the back burner to save money from their development so they can not list them as possible incomes in the future.

Forcasted income means they designed a game and forcasted that they would sell so many units of it based on features they proposed to release with the game. The problem stems that they decided to stop and look back at the quality of the games they were producing and some they were dissatisfied with. The quality of all game released reflects poorly on the company as a whole so they decided instead of trying to finish projects that have been deemed possible failures and just shoveling them out to try and make the money back on the software they are simply canceling the project and have to remove any forcasted income for that software.

This is most likely things like "My pony friend 3" I dont know why square decided it should release some of the games they did in 2009 and 2010, but I have a Pony friend 2 members code on my members account because I simply wanted the points. Got me into silver status for 2010 though.

In reality this information is probably a good thing because it means any project they have let remain active they have faith in performing at a phenomenal level. FFXIII was a financial success for them. a huge majority of the gaming press loved it. The few people who keep coming out screaming its not final fantasy and its not an rpg , and its not a good game are the same people who cry because Final Fantasy lasted longer then one game. They simply hate it because other people enjoy it.

The fact is FFXIII followed the recipe for Final Fantasy almost to the T. and FFXIII-2 will end up resolving the issues most people had. They already said they were taking the negative media against XIII to heart for its internal sequel. Again it'll probably sell at least another 3 million units and they didn't have the first time investment cost of creating the in game world and assets as a huge number of assets can simply be reused.

[Grundy]

I'm not sure if the game is going to be canceled. The article says that they had previously predicted a profit of 1,000 million yen, but now they're predicting a 12,000 million loss?
Just looking at the numbers, it would seem like there might be some worry for XIV.
It's an honest question, no need to pull out the pitch forks.

I'm pretty sure that projection was before the Deus Ex release was pushed 6-odd months.

[Cairdeas]

I'm pretty sure that projection was before the Deus Ex release was pushed 6-odd months.

It is
It most likely also doesn't include recent revelations about things like the projects for Hitman, Thief, and other Eidos IP's that are still being worked on. Dungeon Siege III soon as well.

[Jibe]

Radaghast I really love your sig....