Square Enix predicts two years of gains
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Execs forecast profits of $255 million in fiscal year 2005, $288 million in 2006 on the strength of FFXI Gil game I and others
TOKYO--The current fiscal year isn't over yet, but Square Enix is already forecasting banner profits for the next oneAccording to the JIJI news service in Japan, company officials yesterday said they expect that Square Enix will see operating profits of more than 30 billion yen ($288 million) for fiscal year 2006, which begins April 1, 2005, and ends March 31, 2006Their optimism is due in part to the planned release of FFXI Gil game I and other popular titles in the next fiscal year.
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Square Enix officials also estimated that operating profits for the current fiscal year would reach 26.5 billion yen ($255 million), up 36.3 percent from fiscal year 2004They predicted that sales for the fiscal year will reach 73 billion yen ($701 million), up 15.5 percent from 2004The company's current hit games include FFXI Gil game and Kingdom Hearts: Chain of Memories.
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