SQUARE ENIX HOLDINGS CO., LTD. today announced consolidated results for the six-month period ended September 30, 2010. The Company is listed on t
he Tokyo Stock Exchange,First Section with the stock code "9684" and prepares its financial statements according to Japan GAAP.
Key Figures (millions of yen, except
percentages and per share data)
6 month actual 6 mos. ended 9/10 6 mos. ended 9/09 YoY change
Net sales 68,056 90,561 -25%
Operating income 5,712 13,091 -56%
Recurring income 3,520 12,181 -71%
Net income 1,723 2,683 -36%
EPS, basic 14.98 yen 23.32 yen -36%
Forecast Actual
Full year FY ending 3/11 FY ended 3/10 YoY change
Net sales 160,000 192,257 -17%
Operating income 20,000 28,235 -29%
Recurring income 20,000 27,822 -28%
Net income 12,000 9,509 +26%
EPS, basic 104.28 yen 82.65 yen +26%
For additional information, please refer to the full-length Consolidated Financial Results document here or the Company’s IR website.
Management comments from Yoichi Wada, President and Representative Director:
"Under a challenging operating environment, which contributed to relatively slower growth of new game title releases, net sales were below our forecasts for the six-month period ended September 30, 2010. Operating income outperformed our forecasts due to contribution from highly profitable carryover sales of major titles released in March of the previous fiscal year and strong performance from the Publication segment.
"Our Group is continuing to make progress in our strategic initiatives to achieve mid- and long-term growth which has included our promotion of business in the Chinese market through our newly-formed strategic alliance with Shanda Games in online gaming. In this way, we will continue to strengthen our existing businesses in the third quarter and beyond, while also vigorously pushing forward our three growth strategies of globalization, becoming "network centric" and strengthening our own-IPs."
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