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Square Enix Lowers Sales Expectations But Raises Expected Earnings

PS3X360PSPDSWii by Colin

As of yesterday, Square Enix have revised their sales and earnings expectations for the first half of the fiscal year (April 1 to September 30)

Square Enix previously expected 76,000 million yen in sales but now expect 68,000 million yen instead. Although they expect a drop in sales, the company still predicts a rise in earnings: from an initial 4,000 million yen 5,700 million yen.

According to Square Enix, the drop in sales is due to a slower growth for new software releases whereas contributions from March as well as the company's publishing branch aided in the increase of operating income.

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SOURCE: Andriasang
TAGS: PS3, Xbox 360, Sony PSP, Nintendo DS, Wii