Square Enix President Yoichi Wada Steps Down

By Ishaan . March 26, 2013 . 8:00am

Yoichi Wada is stepping down from his position as Square Enix’s president and representative director, the company announced today. Taking over his position is current representative director Yosuke Matsuda who will now also serve as president. The change will take place in late June.

 

Matsuda joined Square in 2001 as Senior Vice-President according to his profile. By 2004, he had become Director and CFO of Square Enix.

 

The announcement comes alongside a financial revision that Square Enix reported today. The company expects a net income loss of 13 billion yen (far higher than the originally predicted 3.5 billion yen) owing primarily to sluggish Western sales. Additionally, Square are also expecting sluggish performance in their arcade business.

 


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  • $29082171

    Can SE be good again now?

    • http://www.facebook.com/people/Altin-Bujupaj/1157167838 Altin Bujupaj

      One can only hope.

      • Raze

        Hope does not exist!!!

        Said Chaos to me….

        • http://www.ihasnowebsitez.com Satonaka CP-Four

          no no it’s

          “Fear! Does not Exist! In this Dojo! Does it!?”

          “NO SENSEI!”

          oh wait… wrong refrence, lawl :P

      • Tom

        Only Hope can hope :)

        • GODDUKEMONEXA

          and bam ! FINAL FANTASY XIII-4 for PS4 with HOPE like main protagonist

          • http://www.ihasnowebsitez.com Satonaka CP-Four

            /sigh… what sucks is that you’re probably right

            FFXIII-4: Lightning Returns for More

          • Chiupon

            it’ll be a rhythm game.

          • http://www.facebook.com/people/Altin-Bujupaj/1157167838 Altin Bujupaj

            I call dibs on Lightning Fantasy Rising: RE:vengeance.

          • GODDUKEMONEXA

            or worse……… FINAL FANTASY XIII THE 4TH REBIRTH (a 3rd person shooter with a 4 hours lenght)

          • Tom

            That would be some epic title for a game :D

    • d19xx

      If Square and Enix split then maybe…

      • komiko12

        Lols.. How come you say Enix splitting off from Square would do something ?

        Enix was the one who saved Square when Sakaguchi severely damaged Square because of that huge bomb of a movie. And besides I don’t see Enix’s Dragon Quest being criticized as much as Final Fantasy.

        • d19xx

          You seriously read my post as an attack on Enix?

          • komiko12

            Not really, but I don’t see what suggesting that would do.

            Edit: Also, you kind of imply that Enix was what caused Square to go bad.

          • http://www.facebook.com/people/Stephen-Mc-Devitt/100002626261475 Stephen Mc Devitt

            Well they had Jedward promoting Dragon Quest IX.

        • puchinri

          This. DQ isn’t having problems, nor has it had such largely divisive splits in the fandom with its newer titles in comparison to FF. Enix is probably keeping SQ alive.

          • $36598391

            Dragon Quest is having problems, NA never got the Dragon Quest Anniversary Collection

          • puchinri

            I think that’s more like a personal problem for us than a matter of DQ doing poorly. VII on 3DS shows that it is not having (serious) problems.

          • NimbusStev

            No, Eidos is what’s keeping them alive. DQX hasn’t even sold as many units as Sleeping Dogs yet.

          • http://www.siliconera.com/ Ishaan

            It doesn’t need to. It’s bringing in money via monthly subscription fees.

          • KiTA

            Well no duh, it’s an MMORPG. IT has, however, sold faster than FF11, which is the most profitable Final Fantasy game in history. DQX is doing GREAT.

          • NimbusStev

            Ah that’s right, I completely forgot they went MMO with that. I guess it’s not doing too bad then.

          • puchinri

            And DQVII has done nothing? (They’ve had a couple or few DQ titles actually that have been doing quite well, just on the 3DS alone.)

          • NimbusStev

            DQ7 has sold about 1.2mil in Japan. It will probably reach about 2mil when it releases worldwide. Hitman Absolution sold 3mil worldwide and was deemed somewhat of a failure. Heck, Tomb Raider has been out 2 weeks and it’s already sold more than DQ7.

            Of course all of SE’s divisions are contributing to sales, but I still argue that Eidos is the main one keeping them afloat right now.

          • puchinri

            I’m actually surprised it hasn’t hit 2mil yet.

            Clearly, 3mil worldwide is not bad (and we know this is them being ridic), though it also did mil in little less than a year (I’m guessing it’s overall sales), whereas DQ7 did a third of that that in its first two weeks (I haven’t kept up with how well it’s doing anymore though). The TR one I’m really puzzled over though, and I think maybe it comes down to their expectations of how the Western titles will do versus how the JP ones will do.

            I think Enix has been more consistent in keeping them afloat, but I wouldn’t say Eidos hasn’t been a part of that (but again, the initial idea was that splitting with Enix would somehow benefit SQ; I remember even FF13 did pretty well initially though, so it’s not like SQ is doing terrible sales entirely, but still).

          • NimbusStev

            Yeah, I think they do adjust their expectations based on the region of the developer. Since the western market technically encompasses more people, they naturally expect the western titles to sell better. But you’re right, Enix has at least been pretty consistent on quality.

            Either way, I think there is one thing we can both agree on: it’s Enix and Eidos that are carrying this company, not Square.

          • puchinri

            Yeah, definitely. It’s also a shame that the brunt of all of this is mostly falling on Eidos rather than the Square side (because of ridiculous expectations, of all things).

        • Unlimax

          What are you talking about .. Back in 2003 The merge with Enix cause the Cancellation of Parasite Eve : Rebirth ( Google it..) Which it was originally Confirmed by Squaresoft to be released on PS2 and GameCube and it was one of the important titles that all gamers been waiting for .

          • puchinri

            Where is the source for that, out of curiosity? It’s the first I heard of the game, or of Enix being the fault of its cancellation. I’m pretty interested about that (and how the game may be connected to third birthday).

          • Unlimax
          • M’iau M’iaut

            One ten year old post entitled gossip? There’s nothing there that confirms existence. Let alone that some suit at Enix killed it. Let’s not light fires where there isn’t even fuel.

          • Unlimax

            How about that : http://www.nintendojo.com/archives/infocus/view_item.php?1039311560

            There’s no fire M’iau .. its a fact and it did happen ~

          • M’iau M’iaut

            Come on. One article says it is a new game and another calls it an enhanced port. Nothing is a direct report from anyone at Square-Enix. Again, nothing here to build more anger over.

          • Unlimax

            What are you expecting from this old story , a 100 source or something .. Parasite Eve: Rebirth was originally posted on Square-Enix’s official site previous to E3 2003 as part of their lineup.
            koroshi-import.com (now dead) from their posted the news which was then taken by cube-europe.com at which point the news became wide-spread. Come that e3 though the game was absent.

          • puchinri

            I’m not sure I understand how Enix killed it though? Shouldn’t that have still been a Square decision in the end?

          • komiko12

            Right… releasing that game should have more priority than saving their company. -_-

            Besides, if Square Enix really wanted to, they could have continued making that game, even after the merge.

        • Safros9

          Actually, no, that isn’t true.
          First of all, the movie wasn’t as big a bomb as people make it out to be.
          The movie made $85 million worldwide in theaters, and its been said that the budget was around $120 million.

          Second of all, about Enix saving SquareSoft…

          http://www.neogaf.com/forum/showpost.php?p=44095080&postcount=44

          http://www.neogaf.com/forum/showpost.php?p=44131749&postcount=323

          http://www.neogaf.com/forum/showpost.php?p=44101928&postcount=188

          • KiTA

            A bunch of unsourced forum posts on NeoGAF of all places? Why not just quote a Gamefaqs thread and make the trifecta? :)

        • Sergio Briceño

          He never said the split would just benefit the Enix side, nor did he say they made bad games, actually I think it’s the contrary. He just said “If Square and Enix split then maybe…”

          Then mayyyyybeee they would go back to each making awesome titles on their own. These past few decades it has been the Enix franchises still doing pretty well and the Square side going downhill.

          Of course there are a lot more factors to consider, but I think his comment was valid.

      • http://www.facebook.com/people/Stephen-Mc-Devitt/100002626261475 Stephen Mc Devitt

        That makes no sense! If Square and Enix split, what will become of the games made between them? What of Taito and Eidos? You clearly aren’t thinking.

    • Sergio Briceño

      It could be a project for a new game. 40-50 year old young looking developers realize their company have been making bad games for the past couple of decades. Then they decide they will make a one final masterpiece and call it Final Fantaxy D3 The International version.

      It’s a JRPG in which they have to build up their stats so they enter the fandom dungeon to collect “feedback” and “fair criticism” (the equivalent of skills and EXP). They then go back to their hub and make several revisions to the game. Also, they have to work part time to fund it. New game+ would include kickstarter.

      Goal is to make it successful.

    • http://twitter.com/#!/Leafy_Cam Leafhopper

      Not holding my breath but hoping so.

  • XYZ_JolteonZ980

    I guess theres no better time to change leaderships than at the start of a new gen. EA and now Square Enix and the closing of THQ, seems like a tough start to 2013 for third party publishers.

  • Scratch90

    Holy shit that loss..

    I thought they’re kinda profitable with those iOS/Android phone games?

    Edit: Ok I derped, didn’t saw the ‘western sluggish sales’ part

    • d19xx

      That’s what they said. Which makes me worry since the reported loss is blamed on their console and arcade business.

      • MD2203

        They need to quit focusing so much on 13 it’s a great game sure but the battle system is wretched in my opinion paradigms are cool and all but i miss the ABG from 7-10 (Active Battle Guage) controlling everyone and not losing if the main person dies cause of a hax hit. They are well over due for some remakes and should cross platform them not for just being on the ps3 or vite a port of 10 too 360 would be nice or pc even id pay alot for those in all honnesy.

  • Manny Being Manny

    Maybe this’ll teach them to stop focusing so much on those Western games and spend more time and resources on their JRPGs and localizations.

    • neo_firenze

      Their Western developed games have been relatively successful and mostly critically well received. So I wouldn’t expect those to go away. Square Enix is plenty satisfied with the likes of Tomb Raider, Deus Ex, Just Cause, etc.

      Doesn’t mean they can’t/won’t also do the JRPGs they’re famous for, and honestly those don’t overlap in development resources anyway. If anything, the stuff by their acquired Western developers may have helped them weather the storm from recent missteps on the Japanese side (like the Final Fantasy XIV debacle).

      EDIT: OK, so I see they were disappointed with 3.something million units sold of Tomb Raider, so maybe they AREN’T completely satisfied. Still, if their expectation is that their Western games should be able to sell even MORE, that doesn’t change the point that it’s unlikely they’ll just stop trying now that Wada is gone.

  • d19xx

    I hope this means less iOS games.

    • Luna Kazemaru

      You’re joking right because I don’t really see that changing.

      • d19xx

        That’s my wishful thinking. From the way things are going right now it’s more likely that they’ll be doing more iOS stuff…

    • Armane

      As you said below, the report blames sluggish arcade sales and their console business, so expect more iOS games if anything.

  • gustinex

    Hope the change will eventually make everything better. SE don’t disband pls

  • http://darkchaplain.com/ DarkChaplain

    HALLELUJAH! Begone, Wada! Begone!

    • Luna Kazemaru

      Because we should always scream hallelujah when people lose they job’s amirite

      • http://darkchaplain.com/ DarkChaplain

        But of course, considering how many jobs Wada has cost people to lose.

        • Luna Kazemaru

          Don’t lose your job dear I’ll be sure to make a parade for that. :P Didn’t know the comments became gaf

    • M’iau M’iaut

      Such celebrations can indeed be left somewhere else.

    • kylehyde

      http://www.youtube.com/watch?v=usfiAsWR4qU You good sir, have won my admiration

  • foopy

    :D

  • Masa

    Best news ever!

    He was the guy that changed Final Fantasy into what it is today and made it more action styled for the Western audiences.

    Maybe now Final Fantasy can be saved.

    • SirRichard

      You call XIII action-styled?

      • $36598391

        Yes, I hate XIII and XIII-2 because you can’t control the entire party and there are no random battles or a world map

    • Armane

      He’s the guy who said “What if Cloud was a girl?” I’m pretty sure that was the only sensible thing said during development of FFXIII.

    • http://www.siliconera.com/ Ishaan

      Final Fantasy is where it is now because of the development heads that were in charge of FFXIII and XIV.

  • YoshEE

    Goddammit :S If only they make KH3 already. TT.TT

    • Ferrick

      last thing Nomura said about kh3 was that it was already in development

      • YoshEE

        Oh didn’t heard that before.

        • http://s1.zetaboards.com/Espada_of_Alexandria/index/ konpon568

          That was in 2010.

  • Settsuo

    They need to start focusing more on delivering quality in-house titles in favor of numerous outsourced smartphone games, HD remakes, and re-re-releasing games that any gamer should have played ages ago.

    While they are excelling as a publisher with a good roster of games, their own games fail to impress. While I love the Final Fantasy XIII series we can all honestly say that it’s extremely average than what we usually get from Square Enix considering their massive impact during the PS2 era. Their stuck in the past and really need to sit down and consider the future of the company. With losses this high it’s literally the least they can do in this situation.

  • Luna Kazemaru

    Well sucks for him honestly but SE kinda fucked themselves with 14 tho its making a turn around for the best it took alot of time and money. I can honestly see more ISO things happening and them really trying to push that support for ARR to make some bank.

  • Flandre Scarlet

    Obviously we just need more Lightning games. Everyone loves FF XIII, right?

    • http://www.facebook.com/people/Stephen-Mc-Devitt/100002626261475 Stephen Mc Devitt

      I do put but Lightning was exploited too much and needs a break. Toriyama clearly had the wrong idea on why people like Lightning.

      • KingGunblader

        I like Lightning because she’s a strong female character who isn’t overly sexualized (at least by the standards of gaming in general). I didn’t need you to to turn her into a Valkyrie princess. She just needed more character development aside from “HRRR I’M ANGRY AND I PUNCH THINGS”.

        I think Lightning is badass, but they took it too far.

        • http://www.facebook.com/people/Stephen-Mc-Devitt/100002626261475 Stephen Mc Devitt

          I too wanted to see Lightning’s character develop more organically but Toriyama goes the exact opposite direction by giving Light godly powers. In LR, Light’s basically the grim reaper.

        • http://www.ihasnowebsitez.com Satonaka CP-Four

          I like the character too, but it feels like they’re pulling an “Assassin’s Creed” on us in that the game is coming out “Too soon”

          AC still takes the trophy on that one, but come on, three 13 games this consecutively (as far as FF titles go anyway). That’s just too much lightning when the popularity of the thunderstorm already came and went (if there ever was any in the eyes of the average FF/Gamer)

    • raymk

      Yes! Everyone that doesn’t buy lighting games love her, because if its not that I don’t know where the fans are lol.

  • komiko12

    I see Square Enix merging with another company just like what Squaresoft did with Enix.

    Hehe.. Just joking.

  • SirRichard

    There’s a slide released by Square Enix going around that suggests their expectations for Hitman: Absolution and Tomb Raider are expected to have moved 3.5 million by the end of March 2013, but judging by this announcement their internal sales goals were much higher than that if that’s deemed “sluggish”. I guess the case could be made for Hitman, sure, and we’ve known that Sleeping Dogs didn’t meet expectations either, but Tomb Raider’s been doing the rounds well enough from what I’ve seen.

    It’s a matter of expecting too much, I think; Tomb Raider Underworld, the one before the reboot, only managed about 1.5 million sales from what I could find. Expecting to go from that to about 5 million or whatever through a reboot is silly, it’s a problem many companies seem to have had this generation.

    And then there’s Dragon Quest X probably not selling as much as they’d like, the disaster that was FFXIV and so on. No surprise they’re hurting, really. I wonder how the new president plans to address those issues, the company really seems like it could do with a new direction.

    • Luna Kazemaru

      I think that’s a major issue with a lot of gaming companies they are expecting way to much.

      • SirRichard

        Expecting too much and spending way too much to try and meet those expectations, really. It’s most obvious with EA, but everyone else has been guilty of it at least once.

        • Luna Kazemaru

          EA honestly brings it on itself with a number of things but yeah everyone has atleast been guilty by this or have put all their eggs in one bag when they shouldn’t

    • Scratch90

      Didn’t SE practically said that Sleeping Dogs is doing well? Or am I remember wrong?

      • SirRichard

        Around the time after its launch, Square reported losses and blamed a high-profile release not meeting expectations, with Sleeping Dogs being the game around from them in that period that fit the description. The same slide I pulled the figures from above listed it as being expected to have shifted about 1.75 million across all its platforms, which I’m betting was a major disappointment for them.

        • Scratch90

          Ah I see. I ask that because IIRC there’s a Siliconera article that Wada (I think) that assures the fan that Sleeping Dogs do well and SE sees it as a potential new IP.

          • malek86

            Not exactly. He just said that he expected the game to sell faster than it did (he also admitted that in hindsight it was a bad idea, as it was probably unlikely to happen for a new IP like that). So in a way, he said the game didn’t meet expectations, even though he also blamed themselves for overshooting.

          • Scratch90

            Ah my bad then. Thanks for clarifying.

    • puchinri

      Yeah, looking at it like that, they have been having quite a few problems. I really think it’s a matter of them pretty much needing a new direction. At the least, even if this “doesn’t bring back their magic,” maybe they’ll be a bit more practical about sales and expectations now.

    • Armane

      Yeah I think they projected too many sales while investing a lot in things (next gen development, Realm Reborn, Versus) which haven’t come to market yet. DQX aside (which has been doing pretty well as I understand it), 2012 was really the year of Eidos.

      Tomb Raider did pretty well compared with the last few (http://images.bit-tech.net/news_images/2009/04/eidos-shows-lifetime-sales-for-tomb-raider/pla.jpg), but I think they would have been expecting sales of ~5 million or more.

  • Lexaus_the_Alchemist

    New leader, new start, huh? Hopefully SE can go back to what made them a powerhouse developer throughout the 90s to early 00s. With some better upper management and expectations, maybe the quality and sales of their titles will go back up.

  • http://www.facebook.com/magius.necros Magius Necros

    Now for Toriyama and Daisuke.

    • http://www.facebook.com/people/Stephen-Mc-Devitt/100002626261475 Stephen Mc Devitt

      I don’t Daisuke is that bad. The reason why Sazh was better received was because Toriyama loosened his grip on Daisuke writing Sazh as a character.

      • http://www.facebook.com/magius.necros Magius Necros

        I’ve analyzed his writing and I was told he goes for a more bland and blunt scenario writing style. XIII-2′s later chapters were written entirely by him.

        • http://www.facebook.com/people/Stephen-Mc-Devitt/100002626261475 Stephen Mc Devitt

          Bland is such an insultingly mean-spirited word. XIII-2 on the other is either horrifically bland or wooden or a man’s Uncharted (questioning stuff that doesn’t make sense and never bother to fill them in).

  • http://epiclyamazing.wordpress.com/ AzureNova

    Sorry to see him loose his job, but perhaps this change is for the better. I’ve stuck with Square-Enix till now and don’t plan on leaving anytime soon. Sure they haven’t produced as many hit titles in the latest console generation, but I grew up with Square and will not be swayed by a few mistakes. Even during their game drought I’ve found some games I enjoyed thoroughly so I know that they can make great things. Maybe Matsuda will be the man to do that.

  • UUDDLRLR BASTART

    Not even when Japan was at the top of the world in the early to mid 2000′s and there was just the one dominant mainstream platform, the PS2, were multi million unit sales of games a guarantee, let alone expected.

    The entire industry is in for a very rude awakening when the coming generation change makes the already absurd development budgets even more so and makes multi million selling hits even more of a prerequisite for staying in business.

    This entire industry is headed for extinction and so very, very few can see it coming because they are too busy looking with coveting eyes at the few franchises being farted out each year which actually bring in those absurd unit sales.

    Guess what, a handful of rinse and repeat franchises cannot sustain an entire industry that has been rotted hollow by decadence.

    • http://www.facebook.com/people/Stephen-Mc-Devitt/100002626261475 Stephen Mc Devitt

      The industry needs to stop making bigger graphics and go back to older formats in order to make high-quality games except shorter, faster and cheaper.

      • http://www.facebook.com/magius.necros Magius Necros

        All they need to is make japanese rpgs.

        • http://www.facebook.com/people/Stephen-Mc-Devitt/100002626261475 Stephen Mc Devitt

          With a simpler graphics engine.

          • $36598391

            Agreed

          • Tatsuya1221

            Or just use a graphics engine already created, how many millions of dollars did S-E spend on developing the white engine (i believe that’s it’s name) only to use it for a few games like FFXIII?

            Licensing that out for one could make them alot of money, besides that, stop spending so much time developing these engines if you aren’t going to use them to their full potential, a great deal of the cost of some of these games is developing the engine.

            The last remnant is a good example of how square-enix can make a beautiful looking game on a preexisting engine, as the last remnant was made with the unreal engine.

            Another problem isn’t graphics themselves, it’s the over emphasis on details (especially the FMV’s), look at how beautiful the atelier games and the new legend of heroes game looks, neither of those games had blockbuster budgets but they look beautiful in their own right due to stylization and artistic direction.

    • Tatsuya1221

      Extinction?
      I doubt it will go extinct, there is always room for small developers to take the market over (though we’d probably be stuck with pc for a few years, for good or bad), but a crash wouldn’t surprise me.

    • eilegz

      completely agree, somehow i dont think that this trend will change it will even get worse with next gen.

      Its not only japan but developers and publishers everywhere wanting cod numbers which its still an exception but not the rule on how the industry should be based on

      Now if nintendo wii U its a big hit at least in japan like the 3ds market wise it could potential current gen tech into the wii u and keep on stretching this generation a few years more but that didnt happen.

  • Go2hell66

    square enix is saved?

    j/k
    well half kidding…

  • Locklear93

    Here come the downvotes, but good. Maybe if a few on the creative side go too, Square will release games I like again.

  • Aldorr

    So, no more social games and no more Toryama?!

    YEY! :D

    • Luna Kazemaru

      they are blaming their lost on the sluggish performance of the console and arcade side what honestly makes you believe they will stop making them lol.

      • $36598391

        If S-E stops making console games then more people will abandon them if ios had an actual controller instead of forcing the the touchscreen on people I’d play some games on my iPod touch or even buy an iPad

  • http://www.facebook.com/people/Stephen-Mc-Devitt/100002626261475 Stephen Mc Devitt

    I normally don’t drink but who wants to break out the champagne?

    • $36598391

      Not champagne but sake sure

    • Warboss Aohd

      Shroom Beer!

  • Unlimax

    I’m so happy he is resigned .. finally the old Square is back :D

    ( Hopefully .. )

  • Ethan_Twain

    Square Enix is losing money! Inevitably, this will lead to changes within the company. What changes would you guys most like to see? Here’s my list:

    1. New creative talent is needed. Promote outside of the corporate hierarchy, overpay for talent from competitors, do what you’ve gotta do. But Nomura and Toryama are not the men you want leading production of you into this next hardware cycle. I’m not saying fire them or anything, but they haven’t shown that they’re able to manage large scale productions efficiently or tell stories that resonate with wide audiences. Keep them on smaller, more focused projects.

    2. Diversification of Japanese development is needed. I don’t think it’s viable to be a JRPG company anymore, not if you intend to compete as a top level publisher. Go all in on mobile development, or go in on Nintendo style lifestyle products, go nuts. But continuing to make the sorts of games you’ve always made is not going to serve you all that well. And find a way to lower those JRPG production budgets too. Atlus makes JRPGs without breaking the bank… maybe you don’t need every single game you release to look best in class. It’s nice, but maybe not worth the money.

    And lastly, a request for something that shouldn’t be changed:

    Don’t blame your Western developers. That’s the GOOD part of your company right now. You complain about Tomb Raider only selling 3.4 million copies in 2 weeks? Really? How did the last four Kingdom Hearts games do? Parasite Eve? Dragon Quest? Bravely Default? Really the only games Square Enix Japan has made that have sold better outside Japan this gen are FF XIII and FF XIII-2.

    • Kirzan

      I don’t necessarily believe they need to diversify that much. How long has it been since we got a true, awesome traditional JRPG in NA? Lost Odyssey? The only last GOOD one I can think of. Seriously, imagine a game with story depth of a FF4 or FF6, with today’s graphics and maybe a few new, innovative mechanics. How awesome would that be?

      It’s like new JRPGs have to be “hip” or “cool” by having transformer gunblades, characters as cold-hearted or emotional as possible, as many cliches as possible with one character clearly underaged and clearly the sexual attraction of the game (because of the dozens of innuendos), RNB music for boss fights… I can’t stand this! It needs to stop! We, want, old-school EPIC! A story to remember! With love, hate, betrayal, triumph, all of it!

      • Ethan_Twain

        I think that the game you’re dreaming of already exists… and hasn’t sold all that well. Dragon Quest IX, Lost Odyssey, Radiant Historia… all three of these were high quality original JRPGs that didn’t mess with the formula much and told a decent story. None of the three set sales charts aflame (and in the case of Radiant Historia quite the opposite). I’m not sure how you can look at the well produced original JRPGs already on the market and decide that more of that is really what the people are clamoring for.

      • Warboss Aohd

        did ya not play Xenoblade?

        • Kirzan

          I did, and I loved it! But that’s because I’m a big MMO gamer and it’s pretty much the only game that resembles a single player MMO as a whole.

          I was really just referring to the mess that was XIII. I mean, you must see what I’m talking about? Right? Xenoblade doesn’t try to be hip or cool like XIII-2 did. Boss battles don’t have Screamo or Rap music. Characters don’t 100% reflect every single teenager problem possible. It’s just a good RPG and everything fits together. Sure, a little cliche here and there, but the game isn’t entirely about these cliches at all.

          • Warboss Aohd

            den Lost Odyssey wasn’t da last good RPG ya can think of den woz it?

  • KingGunblader

    I heard about this a few hours ago and I’ve spent most of my day reading the comments on various stories.

    Productive? No. Hilarious? Yes.

    All jokes aside, I don’t really see how this is going to change things at the company. Lightning Returns is still happening, Versus XIII continues to be nebulous at best, and the KH3 that everybody (besides me) wants hasn’t even been announced. I think there’s a lot more going on over there besies Wada’s leaership.

    But who knows? Maybe X/X-2 HD and this news is the first step in overturning the ship (in a good way).

    • neo_firenze

      Well, Matsuda gets some good fortune in showing up shortly before the E3 where S-E is rumored to be announcing that Versus XIII is now going to be a PS4 exclusive Final Fantasy XV.

      If I was in their position, I’d go all in with this Sony cooperation. Try to be the defining Japanese third party for the console, much like they were for PS1/PS2, and work closely with Sony for investment in R&D and co-marketing.

  • Anon-non

    I think this won’t make too much a difference, considering how irrelevant the JRPG genre is now. Look at Persona 4: Golden. By JRPG fan standards it’s one of the best of all-time, yet sales pale in comparison to the most mediocre of shooters.

    • http://www.siliconera.com/ Ishaan

      P4G’s sales have far more to do with the platform it’s on than the game it is. I wouldn’t use that as a yardstick for JRPGs in general. Ni no Kuni seems to have done decently for itself and Fire Emblem has done well, too.

      • malek86

        I wonder if the successes of the Persona series and the new Fire Emblem, mean that future RPGs will start using relationship systems more and more.

        • https://twitter.com/Ni_Go_Zero_Ichi Project 2501

          I wonder if it’s possible to pinpoint those elements of the games as contributing to their breakout success? I’d also suspect (but be curious to confirm) that their emphasis on relationship systems has helped these games draw in female audiences.

          • http://www.siliconera.com/ Ishaan

            Yup, agreed on both points. The relationship system is a big draw for women. Look at every RPG-esque game that incorporates it: Harvest Moon, Rune Factory, Fire Emblem: Awakening, P3/P4. All of them have a decent female fanbase.

        • http://www.siliconera.com/ Ishaan

          I wouldn’t be surprised in the least if they did. Relationship systems guarantee a certain degree of word of mouth.

        • Göran Isacson

          That’s a pretty good thought right there- we’ve all seen how popular the Mass Effect games have been, and that game had “dating sim” aspects to it as well. May so be that such features are here to stay for big budget RPG’s, to really let players customize their own epic adventure.

    • DesmaX

      Persona 4 wasn’t nowhere near as marketed as all AAA titles, so it’s no wonder

    • https://twitter.com/Ni_Go_Zero_Ichi Project 2501

      You’re seriously using shooters as a comparison point for JRPG sales? I’ve got a news flash for you, son: no JRPG without “Final Fantasy” or “Pokemon” in its title has ever sold anything even close to AAA shooter figures in the West. They are never going to be on the same level in terms of mass-market appeal, so if that’s your expectation – or Square Enix’s – it’s time for a reality check.

      • Anon-non

        But at least they did come close back in the PS1 and maybe PS2 era. I love JRPGs as much as you, maybe more probably, but I’m trying to be realistic here. And please don’t talk down to me like a child.

  • $36598391

    Maybe now NA will get the NDS Saga remakes and the Dragon Quest Anniversary Collection

  • malek86

    For the people thinking that games like KH3 and FF13V would solve things: if Squenix actually isn’t satisfied with 3.5 millions copies of Tomb Raider in a month, I have some doubts that they wouldn’t overshoot for those games too.

  • Riseabovethesky

    MATSUDA!! Sorry, I just had a flashback of Death Note…

  • 60hz

    this whole westernization of jp game companies has been disastrous… instead focus on developing solid titles and then supporting them in the west with SERIOUS marketing plans… case and point: castlevania 3ds had more marketing spam than all previous portable castlevanias combined, despite it’s mediocre quality… give that same marketing push to jp dev’d titles and perhaps you’ll see the same market impact…

  • https://twitter.com/Ni_Go_Zero_Ichi Project 2501

    Interesting. It’ll be nice if this signifies a change of pace for thecompany. It could certainly use one.

  • Göran Isacson

    As I said in the open thread, I had to admit that I didn’t think matters were THAT bad for Square-Enix. Can’t recall I’ve seen any news beyond that one a while ago that said some titles sold below their expectations, but THIS much? Man. To think they’d even have to change their CEO…

    Now I just wonder what Wadas legacy will be, and what he did that they apparently disliked that may or may not change now. Like, I know who Nomura is, I know who toriyama is, but what did Wada really do to affect SE’s business practices? How much of the responsibility can be put on his shoulders, and not on simple lackluster products?

    • http://www.siliconera.com/ Ishaan

      Hopefully, Wada’s legacy will be that he pulled Square out of the gutter following the events leading up to the merger with Enix and for his acquisition of Eidos, which is still one of the most bold and forward-thinking decisions any publisher has made this gen.

      • http://www.facebook.com/magius.necros Magius Necros
        • eilegz

          and i cant remember a single merger or fusion that bring good thing for consumers and their own interest…

          • malek86

            I would guess hat a fusion is done mostly as a good thing for the companies involved, rather than the customers.

            That said, I remember a study saying that very few fusions/merger actually manage to produce value.

        • raymk

          Damn, the more you know I guess.

        • Luna Kazemaru

          Lol posting Gaf comments really?

        • http://www.siliconera.com/ Ishaan

          Not sure I care to put any faith in random forum comments. From where I’m standing, the Eidos acquisition has done nothing but great things for Square. Wada has had trouble managing the company’s internal teams (primarily the FFXIII and former FFXIV managerial heads), but hopefully his successor will not be as tolerant of those folks as Wada was.

          • http://www.facebook.com/magius.necros Magius Necros

            “Not sure I care to put any faith in random forum comments”.

            Well said.

          • http://s1.zetaboards.com/Espada_of_Alexandria/index/ konpon568

            Indeed!

      • Göran Isacson

        Considering other comments down here it looks like that will be a disputed judgment… but, well. I can’t say I know left from right in this instance. Acquiring Eidos has given them a stable of new and revitalized IP’s, but considering they then went and claimed those IP’s lost them money I don’t know how history will look at that decision. And quite honestly, I couldn’t say WHAT their merger with Enix has done for them. Dragon Quest doesn’t look like it’s a smash success in the west and they haven’t really done anything with Enix brands that I’ve noticed, soooo yeah.

        • http://www.siliconera.com/ Ishaan

          DQ may not be a smash in the west, but it is a guaranteed smash in Japan, just as Eidos games are more or less guaranteed hits in the west. Having that insurance is a huge asset. :)

          The problem is that they don’t have any one true “global” brand aside from Final Fantasy, and both major FF teams have been very irresponsible with their handling of that series over the last six years.

  • TheDarkEmpress

    Maybe stepping down will allow Square Enix to STEP UP.

  • epy

    Finally!

  • Zharkiel

    Hey, as long as the new guy keeps letting Horii’s Project armor do his own thing, independent from the main branch I don’t care who is in charge. Only franchise from SE I care about is Dragon Quest, and maybe Bravely Default, if they ever bother to localize that one.

  • Ace

    Best Square Enix news I’ve heard for the past 6 years.

  • http://s1.zetaboards.com/Espada_of_Alexandria/index/ konpon568

    Well, hey! It could’ve gone worse! *coughtoriyamacough*

  • Richard N

    Don’t really understand the comments about the old Square-Enix coming back when this guy apparently only joined Squaresoft in 2001.

    • Gekokujou

      Well said, also I personally don’t see how this newb will be able to fix the company up.

    • http://www.facebook.com/JDS1087 Justin Smith

      That’s about the time that Square started to go quirky.

  • Ben Chau

    Thank god – This idiot ruined the company. Hopefully the next CEO has something resembling a brain.

  • konsama

    When all gets this down, it can only go up from there on. Unless the new director has the same ideas (?) as him.

  • http://gamgambit.tumblr.com/ Thespian Treasure Hunter ♢

    Welp, I hope this means something good for the future.

  • http://www.cubiz.tk/ Auragar

    Well if this means that things will start improving on the SE front then… I am all for it.

  • http://twitter.com/VXLbeast VXLbeast

    I wish the man best of luck, but I can’t say I’m sad to see him go. Company needs new leadership. Strong new leadership.

  • ShadowDivz

    So what does this mean exactly?

    • http://www.siliconera.com/ Ishaan

      We won’t really know until a year from now.

  • Ricardo C

    I dont care who the CEO is to be honest…. as long as it isn’t Reggie (president of NOA)

  • Frankie

    Maybe they will finally put out Versus and take some time to develop KH3.

  • Coeurl

    But what does this mean for Versus? It’s the only thing keeping me going SE-wise.

  • noctis_nox

    It’s really hard to feel sorry for him.
    I actually love this news. He really made the SE a shadow of it’s former self. I hope with him gone. We won’t see a lot porting, remakes, milking of the DQ, KH and FF brand and start creating new ips.

    • http://www.siliconera.com/ Ishaan

      You might be surprised…

  • Warboss Aohd

    ……..dis a good or bad fing?

  • enorka miho

    Square Enix should start treating their employee allot more nicely than they did now.. A failure in management will always cause the downfall of a company whereby the whole production team you depends dearly on to lost passion hence creating things that have no essence and no quality.. Also, no more JRPG Vs WRPG crap… just do what you are good at.. Then one day, you will find your answer… And it is time to be realistic. Stop splurging on unnecessary stuff!!

    Well, I sure do hope the new CEO will listen to representative of the gamersl!

  • Stiffen Phang

    Stop messing around and make Valkyrie Profile 3. Please!!!!

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