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Sony Sells All Of Its Square Enix Shares

Sony Sells All Of Its Square Enix Shares

Written by Lauren — 16 Apr 2014

Sony has announced that the company will be selling all of its shares in Square Enix in the next few days ending a partnership that goes back years.

According to reports, 9,520,000 of Square Enix shares will be sold by Sony to SMBC Nikko Securities, one of the largest brokerage firms in Japan. From this Sony is expected to receive 4.8 billion yen (about $47 million) in profits for Q1.

This is massive as the partnership between the two companies has been going on since the PlayStation era. What do you think this means for Square Enix's future? Share your thoughts in the comments below.

Source: Siliconera

Lauren is a self-confessed Squall addict and will fight to the death whenever questioned. You can often find her scouring retailers for her next casual cosplay features! Feel free to follow her on Twitter.