Wada Explains the Revamp?

[Starlord]

This Came frome FFXIV Core about Why they lost so much money and what they are doing about it.. Some of it I dont believe because I dont like FFXIVcore's Source they got it from but this is it right here.

http://www.ffxivcore.com/topic/30873-wada-explains-the-revamp/

[Rentahamster]

This Came frome FFXIV Core about Why they lost so much money and what they are doing about it.. Some of it I dont believe because I dont like FFXIVcore's Source they got it from but this is it right here.

http://www.ffxivcore.com/topic/30873...ns-the-revamp/

You don't like the source? What, you don't like Nikkei news?

[Kilta_Firelotus]

So pretty much, some employees became arrogent and cost the company billions (that is what I got)

[Starlord]

Nikkei News didnt word it that way when I translated it it was different from the Report Andriasang but its meh to me. and if if what they say is true then the "cancellations" of the other games would have been done. and at E3 they are showing off Key games, so All this doesnt add up but again thats me.

[Evangela]

and who have to take responsible for that 4.5 billions loss? Wada? you're firedddddddddddd

[Starlord]

I call an Empeachment! :P

[Cairdeas]

Can someone post the data. some of us are banned from FFXIVcore because the admins are douchbags.

[Rau]

Here you go!
And are they really that bad?
I've never actually bothered using that site because it seemed so "omg if you say anything bad about the game you are a troll!"

Kinda like what's happening to this board.... but anyway!

http://www.andriasang.com/e

http://www.andriasan...wada_on_losses/


Quote
Square Enix CEO Yoichi Wada has filled in some of the blanks regarding the 12 billion yen loss his company posted for the previous fiscal year. (Details here).

Speaking at an investor's briefing on the 13th (via Nikkei), Wada explained that of the 12 billion loss, about 4.5 billion came from such things as Final Fantasy XIV's reworking and the cancelation of multiple titles. Most of the 4.5 billion was related to domestic development, he said.

"Our game development has become weaker than expected," admitted Wada. "Revamping it will take one or two years."

Wada attributed the poor state of development to weak communication. Creative leads did not pass on his opinion to their subordinates. Additionally, there was trouble with division of labor amongst technical staff, who were protective and would fulfill only their own roles.

To reverse Square Enix's fiscal fortunes, Wada hopes to give a major push to social networking games and apps for high powered cell phones. However, he is unsure if developers who've worked on package games can work in these areas, so he's hoping to make use of external developers. However, he's not considering an acquisition.

This past year, internet-related products brought in profits of 1.5 billion yen for Square Enix. The goal is to multiply this during the current fiscal year, said Wada. Square Enix is also looking into possibly creating a billing platform.

One major point from the presentation materials PDF Square Enix released on Friday (see this story) was mention of a plan to double the company's major brands to around 10 or so. It looks like the PDF was not referring to this year. While development on these new brands is progressing, Wada believes it will take 3 to 5 years.

[Cairdeas]

Here you go!
And are they really that bad?
I've never actually bothered using that site because it seemed so "omg if you say anything bad about the game you are a troll!"

Kinda like what's happening to this board.... but anyway!

I got banned from there for posting a link to a Community contest that any FFXIV fan could enter to win a copy of the Collectors Edition of the game.

[Mack]

and who have to take responsible for that 4.5 billions loss? Wada? you're firedddddddddddd

The tsunami does.