Last year, Square Enix posted a net loss of 12,043 million yen or roughly $150 million. Square Enix reported a turnaround this fiscal year with 6,060 million yen ($75.75 million) in net income.
Yoichi Wada, President and Representative Director of Square Enix, attributed the profitable year to increased sales of major titles like Final Fantasy XIII-2 and Deus Ex: Human Revolution. Wada also said the company continued to expand with web games and smartphone titles. Sengoku Ixa, an feudal Japan simulation game created with Yahoo! Japan, and social game Final Fantasy Brigade were cited as two other strong titles.
While arcade, merchandise, and publication sales were down, the game division went up 11.9% with 71,871 million yen in digital entertainment sales.
