The report released by Credit Suisse Group on the 21st indicates that they’re saving investment into new titles of the Final Fantasy and Dragon Quest RPG series for the 2016 fiscal year and on, in the meantime they’re waiting for a successful online game from the company.
The 2016 fiscal year runs from April 2016 to March 2017 in Japan. Whether the financial investing refers to new, unannounced titles or new titles that are currently in development is unclear.
The article was originally posted by financial conglomerate Nomura Groups.
English translation by SQUARE-ENIX.info.
2014/01/22 12:58 Nikkei Quick News – Tokyo Stock Exchange
Square Enix Holdings Stock Continues to Drop – Credit Suisse Decides to Reduce Investments
(12:55 – CODE 9684) Square Enix Holdings stock value continues to drop for the fourth day. This morning prices dropped 3.1%, 53 yen lower than yesterday, down to 1657 yen. In the evening it became even lower. The value drop comes as Credit Suisse Group made an investment decision on the 21st to lower their three stage status from the highest stage “Out Perform” to the middle stage, “Neutral.”
In the report Credit Suisse Group released on the 21st, there was an indication that they’re saving investment into new titles of the Final Fantasy and Dragon Quest RPG series for the 2016 fiscal year and on, in the meantime they’re waiting for a successful online game. The price-earnings ratio is at a high level, 40 times as much, and seen from the valuation side, it’s a relatively low investment with a high profit. The consolidated operating profit/losses of the term ending in March 2014 is expected to be at 10 billion yen surplus, compared to the 6 billion deficit in the first term. They’re estimating a 5 billion to 9 billion yen profit rise according to their company plans.
I personally just hope they release Kingdom Hearts III, Final Fantasy XV or even a new Dragon Quest game very soon, and who knows they might possibly be scrapped if things come to the worst for SQUARE-ENIX.
No comments:
Post a Comment