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Square Enix sales up to $2.25 billion as Final Fantasy Brave Exvius sees global success

Mobius Final Fantasy goes unmentioned once more
Square Enix sales up to $2.25 billion as Final Fantasy Brave Exvius sees global success

Square Enix has released its financials for the full year of its FY17 ending March 31st 2017.

It posted net sales for the year of $2.25 billion, up 20% year-on-year. Profits also rose to $175.5 million for the year, up just 0.8% year-on-year.

For its Digital Entertainment division, which includes its mobile games among its PC and console releases, the company generated net sales of $1.74 billion for the year. This is up from net sales of $1.39 billion in its FY16.

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While it didn't break out mobile sales, Square Enix did say that its smart device and PC browser games business had seen significant increases in sales and profits. Final Fantasy Brave Exvius, Hoshi No Dragon Quest, and Dragon Quest Monsters Super Light were identified as key revenue drivers.

The company also pointed to the expansion of Final Fantasy Brave Exvius and Kingdom Hearts Union X outside of Japan as drivers of its success. The former has now surpassed 20 million downloads worldwide.

Its other major mobile Final Fantasy title, Mobius Final Fantasy, went unmentioned yet again in its report. Square Enix stopped mentioning the game in its Q3 FY17 financials, indicating poor performance following its global launch.

The publisher also stated that it is withdrawing from business with console subsidiary IO Interactive and is looking for a buyer for the developer. It's unclear what will happen to the Hitman IP, the loss of which could potentially impact Hitman GO and Hitman Sniper, two mobile games by Square Enix Montreal which use the licence.