Square Enix President Proclaims Quality Over Quantity As Lineup Gets Trimmed
Portfolio Pulse from Franca Quarneti
Square Enix Holdings Co Ltd (OTC:SQNXF) is shifting its game development strategy to focus on quality over quantity, with plans to release fewer titles across a more diverse range of genres. President Takashi Kiryu acknowledged the company's overreliance on RPG franchises and the need to adapt to changing gamer preferences, such as the success of casual games like Powerwash Simulator. Square Enix aims to enhance internal development and is open to acquisitions to improve game quality. The company is also investing in AI and blockchain technology, with key releases like Foamstars, Visions of Mana, and remakes of Dragon Quest 3 and Dragon Quest 12 slated for 2024.
January 19, 2024 | 8:31 pm
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Square Enix is prioritizing game quality over quantity, diversifying genres, and considering acquisitions to strengthen development. The company is also exploring AI and blockchain, with major releases planned for 2024.
The strategic shift to focus on quality and genre diversification, along with the potential for acquisitions to enhance development capabilities, is likely to be viewed positively by investors. The commitment to innovation with AI and blockchain technologies, coupled with the anticipation of major game releases, could drive investor interest and potentially boost SQNXF's stock price in the short term.
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