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Square Enix recently announced plans to revise its approach to game development. As a result of this, a few creative endeavours have been abandoned, with Square Enix announcing plans to absorb the losses, which will add up to around 22.1 billion Japanese Yen. Square Enix's recent investor note confirms that the company will be reporting …
Square Enix absorbs $140M loss from cancelled games, signaling strategic changes and impacts on Final Fantasy's future and digital sales.
Square Enix told investors it will be more 'selective' about the games it makes
The company says it intends to be
Square Enix want to focus more on making higher quality, triple-A games internally, and so have announced they've abandoned £112m of development costs.