Earlier today, Square Enix published a new medium-term business plan, which revealed its intention to make its AAA games multiplatform going forward.
The plan, which the publisher has dubbed ‘Square Enix Reboots and Awakens’, lays out a three-year strategy which it hopes will lead to “long-term growth”.
Publication of the plan coincided with Square Enix’s latest financial results, which indicated that profits were down nearly 70% from the previous year, partly due to “the recognition of ¥22,087 million ($141 million) in losses on disposal of content as an extraordinary loss”.
Those losses are related to the cancellation of projects that don’t fit with its future strategies, it said, suggesting they may have been either tied to a single platform or relied too heavily on external developers.
Square Enix said that, going forward, it will “aggressively pursue a multiplatform strategy that includes Nintendo platforms, PlayStation, Xbox and PCs”.
By doing this, it will be able to “build an environment where more customers can enjoy our titles in regards to major franchises and AAA titles, including catalogue titles,” it said.
While not explicitly mentioned in the plan, recent Final Fantasy games including Final Fantasy 7 Remake, Final Fantasy 16 and Final Fantasy 7 Rebirth all launched as PS5 exclusives, and it’s been claimed that sales of the latter titles have been underwhelming.