Square
Enix
has
confirmed
sales
of
Final
Fantasy
7
Rebirth
and
Final
Fantasy
16
“did
not
meet
expectations.”
That’s
according
to
president
Takashi
Kiryu,
who
said
back
in
May:
“In
the
HD
Games
sub-segment,
we
released
multiple
new
titles,
including
major
titles
such
as
Final
Fantasy
16
and
Final
Fantasy
7
Rebirth,
but
profits
unfortunately
did
not
meet
our
expectations.”
As
spotted
by
our
sister
site,
Eurogamer.net,
Kiryu’s
comments
had
not
been
made
publicly
available
until
now.
Similarly,
Kiryu
said
sales
of
Foamstars
were
also
“not
as
strong
as
expected,”
likely
prompting
the
decision
to
make
the
game
free-to-play
last
month.
At
the
time
the
president
made
these
statements
to
investors,
Final
Fantasy
16
had
been
out
since
June
2023
–
which
was
about
11
months
–
and
Final
Fantasy
7
Rebirth
had
been
released
in
February
2024.
Square
Enix
released
its
financial
earnings
for
the
three
months
ended
June
30,
2024,
at
the
beginning
of
August.
It
reported
a
significant
decrease
in
net
sales
compared
to
the
previous
fiscal
quarter.
The
publisher
attributed
the
drop
in
its
Digital
Entertainment
revenue
–
which
encompasses
its
video
games
business
–
to
a
decline
in
sales
of
new
titles
in
Q1
2025,
including
SaGa:
Emerald
Beyond
and
the
Steam
launch
of
the
HD
remastered
collection
of
Kingdom
Hearts.