×
  • remind me tomorrow
  • remind me next week
  • never remind me
Subscribe to the ANN Newsletter • Wake up every Sunday to a curated list of ANN's most interesting posts of the week. read more

Forum - View topic
NEWS: Square Enix Reports Loss in 1st Quarter


Goto page 1, 2  Next

Note: this is the discussion thread for this article

Anime News Network Forum Index -> Site-related -> Talkback
View previous topic :: View next topic  
Author Message
lijachan



Joined: 19 Jul 2006
Posts: 99
Location: France
PostPosted: Wed Aug 07, 2013 2:08 am Reply with quote
Just wait for the result of the next quarter then. You can do it, Squeenix! :O
Back to top
View user's profile Send private message Visit poster's website My Anime My Manga
mgosdin



Joined: 17 Jul 2011
Posts: 1302
Location: Kissimmee, Florida, USA
PostPosted: Wed Aug 07, 2013 4:47 am Reply with quote
Quote:
However, the company released an additional statement citing that due to recent changes in the gaming industry and consumer demand, the company's 1.6 billion yen (US$16.5 million) write downs have caused the company significant losses.
Emphasis added.

This is one of those wonderful accounting things where a cost ( or loss ) that maybe should have been recognized earlier was instead capitalized ( treated like an asset on paper ) and now that it clearly should not be an asset gets written off to expense. It doesn't really impact Square Enix's cash flow from their products, those seem to have been stable or growing and profitable vs current expenses.

Mainly this just makes the stockholders frown as it impacts the worth of their holdings.

Mark Gosdin
Back to top
View user's profile Send private message
Ambimunch



Joined: 30 Aug 2012
Posts: 2012
PostPosted: Fri Aug 09, 2013 4:52 pm Reply with quote
Lija-chan wrote:
Just wait for the result of the next quarter then. You can do it, Squeenix! :O


They need to get better titles out quicker. Like FF15, they need that out in 2014 and not wait for 2015
Back to top
View user's profile Send private message
TsunaReborn!



Joined: 08 Sep 2012
Posts: 4713
Location: Cheltenham UK
PostPosted: Fri Aug 09, 2013 5:22 pm Reply with quote
It's Christmas soon, everything will be fine Wink
Back to top
View user's profile Send private message Visit poster's website My Anime My Manga
Rahxephon91



Joined: 08 Jun 2003
Posts: 1859
Location: Park Forest IL.
PostPosted: Fri Aug 09, 2013 5:30 pm Reply with quote
TsunaReborn! wrote:
It's Christmas soon, everything will be fine Wink
With what? What do they have? Drakengard 3 that will at best do 150,000. Lightning Returns that will probably sell worse then XIII-2 and dosen't have a worldwide release. The money sink 14?
Back to top
View user's profile Send private message Send e-mail Visit poster's website My Anime
TsunaReborn!



Joined: 08 Sep 2012
Posts: 4713
Location: Cheltenham UK
PostPosted: Fri Aug 09, 2013 5:33 pm Reply with quote
Everyone makes a little more money over Christmas - maybe not enough to out weigh the losses. They're not going anywhere for a while anyway.

Edit: Also note there was a winky face.
Back to top
View user's profile Send private message Visit poster's website My Anime My Manga
Jave



Joined: 08 Aug 2013
Posts: 198
PostPosted: Fri Aug 09, 2013 6:41 pm Reply with quote
All the stuff that's making money is stuff from Japan Razz Sometimes ya gotta wish arcades weren't dead here in America.
Back to top
View user's profile Send private message
Beatdigga



Joined: 26 Oct 2003
Posts: 4603
Location: New York
PostPosted: Sat Aug 10, 2013 1:46 pm Reply with quote
Jave wrote:
All the stuff that's making money is stuff from Japan Razz Sometimes ya gotta wish arcades weren't dead here in America.


I'm a pinball enthusiast. It's worse for us considering the difficulty of owning pinball machines, the cost, etc.
Back to top
View user's profile Send private message
vashna



Joined: 19 Feb 2010
Posts: 1313
PostPosted: Wed Aug 14, 2013 9:53 pm Reply with quote
I really do wish arcades weren't dead in North America as well to be perfectly honest. I actually used to own a pinball table myself. Formerly I worked at an antique shop before getting out of college. One of the antique dealers was liquidating their stock and I got an employee discount, so I got it really inexpensively. That being said it ended up collecting dust and I later ended up donating it to charity. Nevertheless, it didn't have some cute anime theme so I'm sure if Square Enix made it...
Back to top
View user's profile Send private message
TsunaReborn!



Joined: 08 Sep 2012
Posts: 4713
Location: Cheltenham UK
PostPosted: Thu Aug 15, 2013 2:01 am Reply with quote
vashna wrote:
Nevertheless, it didn't have some cute anime theme so I'm sure if Square Enix made it...


Lol sounds like it Wink

There seem to be some arcade hotspots around as there always seems to be on at a Beach, Bowling alley & Airport. I'm guessing this is because they are kid hotspots (airport not so much but when families travel there is no doubt that the kids get bored in an airport).
Back to top
View user's profile Send private message Visit poster's website My Anime My Manga
vashna



Joined: 19 Feb 2010
Posts: 1313
PostPosted: Thu Aug 15, 2013 4:17 pm Reply with quote
We have some arcade machines at the movie theater here, but they're really worn out. There's nothing particularly interesting sadly. There used to be a Primal Rage machine at one, but it's deceased I think. The screen probably blew out on it. Maybe we can coax Square Enix to come over and set up something for us...
Back to top
View user's profile Send private message
TsunaReborn!



Joined: 08 Sep 2012
Posts: 4713
Location: Cheltenham UK
PostPosted: Fri Aug 16, 2013 7:30 am Reply with quote
vashna wrote:
Maybe we can coax Square Enix to come over and set up something for us...


Hmm Yeh! I couldn't think of anything better... Confused

Our arcades just seem to be filled with House of the Living Dead and Time Crisis. They're good but they are no Mortal Combat or Street Fighter 2 Wink
Back to top
View user's profile Send private message Visit poster's website My Anime My Manga
vashna



Joined: 19 Feb 2010
Posts: 1313
PostPosted: Sat Aug 17, 2013 12:24 am Reply with quote
It's been a long time since I heard the name Time Crisis. Ironically enough, Namco developed that game, which is now the same company as Bandai and acting closer with Capcom who developed Street Fighter II. It's getting a little confusing to keep track. Did you follow the news in the past about Shifty Look?
Back to top
View user's profile Send private message
TsunaReborn!



Joined: 08 Sep 2012
Posts: 4713
Location: Cheltenham UK
PostPosted: Sat Aug 17, 2013 4:39 am Reply with quote
Other than they are a subsidiary of Bandai I'm not too clued up.
Back to top
View user's profile Send private message Visit poster's website My Anime My Manga
vashna



Joined: 19 Feb 2010
Posts: 1313
PostPosted: Tue Aug 20, 2013 4:21 pm Reply with quote
Wow Tsuna, I didn't recognize you at first with the change of avatar! Shiftylook is an attempt by the Bandai-Namco organization to tie all these properties together. They've been making cartoons and web comics. You might want to check them out. It'd be interesting, I thought if Square Enix tried something similar.
Back to top
View user's profile Send private message
Display posts from previous:   
Reply to topic    Anime News Network Forum Index -> Site-related -> Talkback All times are GMT - 5 Hours
Goto page 1, 2  Next
Page 1 of 2

 


Powered by phpBB © 2001, 2005 phpBB Group