Announcement of Revisions to the Consolidated Results Forecast - KCTV5

Announcement of Revisions to the Consolidated Results Forecast

Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact pressreleases@worldnow.com.

SOURCE SQUARE ENIX HOLDINGS CO., LTD.

TOKYO, May 9, 2014 /PRNewswire/ -- Based on the latest earnings trend, SQUARE ENIX HOLDINGS CO., LTD. (the "Company") today announces revisions to its consolidated results forecast for the fiscal year ended March 31, 2014, which was previously disclosed on May 13, 2013

SQUARE ENIX Logo.

1.         Revisions to the Consolidated Results Forecast for the Fiscal Year Ended March 31, 2014 (April 1, 2013 through March 31, 2014)

(Millions of yen, rate of change in percents and per share data)



Net sales

Operating
Income
(loss)

Ordinary
Income
(loss)

Net
Income
(loss)

Earnings
(loss)
per share

Previous forecasts

(A)

140,000

5,000

5,000

3,500

30.42

~150,000

~9,000

~9,000

~6,000

~52.14

Revised forecasts

(B)

155,000

10,500

12,500

6,600

57.29

Change

(B-A)

5,000

1,500

3,500

600


~10,000

~5,500

~7,500

~3,100


Rate of change

%

3.3

16.7

38.9

10.0


~10.7

~110.0

~150.0

~88.6


[Reference] Results for the fiscal year ended March 31, 2013


147,981

(6,081)

(4,378)

(13,714)

(119.19)

2.         Factors Causing the Revisions

The Company's net sales and operating income in the fiscal year ended March 31, 2014 are expected to exceed respectively the range of its consolidated results forecast. This is mainly attributable to the following factors: the software sales of "FINAL FANTASY XIV: A REALM REBORN," a massively multiplayer online role-playing game released in August 2013, were strong, "DRAGON QUEST MONSTERS SUPER LIGHT," a game for smartphones released in January 2014 (Japan only), made an encouraging start, the sales of game console software titles, such as "Thief" (not in Japan yet), "FINAL FANTASY X/X-2 HD Remaster" and "TOMB RAIDER: DEFINITIVE EDITION," recorded favorable sales. The Company also pushed forward cost reduction efforts on a group-wide basis.

In addition, the Company posted the foreign exchange gains from the weaker yen, and as a result, the ordinary income and net income are expected to exceed the range of the consolidated results forecast as well. Therefore, the Company revises its consolidated results forecast.

The forward-looking statements in this document are based upon the information currently available, and necessarily include elements that are not entirely predictable. Actual results may differ from the forward-looking statements in this document.

Company:

SQUARE ENIX HOLDINGS CO., LTD.


(Code: 9684, Tokyo Stock Exchange)

Representative: 

Yosuke Matsuda, President and Representative Director

Contact:

Kazuharu Watanabe, Chief Financial Officer


Tel. (03) 5292-8000

Logo - http://photos.prnewswire.com/prnh/20120604/LA17846LOGO

©2012 PR Newswire. All Rights Reserved.

Powered by WorldNow
KCTV 5 News

Online Public File:
KCTV  KSMO

Powered by WorldNow CNN
All content © 2014, KCTV; Kansas City, MO. (A Meredith Corporation Station) and WorldNow. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.