2019 is already a considerably big year for Japan-based video game developer, publisher, and distribution company, Square Enix. However, it seems that the company has plans to take the company to even higher heights.
In a letter to shareholders, Square Enix President and CEO, Yosuke Matsuda, indicated that he intends to “aggressively expand” the company within the overseas markets.
The plan follows previous initiatives to expand internationally, this year, coming with a focus on acquiring and creating global partnerships with businesses in all but China, given the current uncertain regulatory situation with the country.
Matsuda also indicated that one of the company’s “keys to future growth” will come hand-in-hand with the next generation of consoles, as well as subscription-based game streaming services.
“Against this backdrop of significant change, the current generation of game consoles has entered the late stage, and the next generation of consoles has become a topic of discussion in the digital entertainment industry,” Matsuda wrote. “In particular, game streaming services will be the ultimate driver of a rapid transition from the sale of games in boxes to digital consumption. Streaming also lends itself to new subscription-based business models, so we believe deciding how to engage with these forthcoming trends will be key to future growth.”
Square Enix’s plate is already pretty full with Kingdom Hearts 3 and Left Alive slated for release in Q1 2019. Babylon’s Fall, Battalion 1944, and Romancing Saga 3 are also planned for release sometime this year, not to mention work being done on the Final Fantasy VII remake and the sequel to Final Fantasy Tactics, War of the Visions: Final Fantasy Brave Exvius.
If anyone can move forward with such an aggressive timeline, it is Square Enix, which is already one of Japan’s largest publishers. It will be interesting to see what endeavors the company will take on beyond the already announced titles, especially as more companies start to adopt the subscription-based business model for playing video games.
For now, we will just be satisfied with the release of the long-awaited Kingdom Hearts 3. Stay tuned to The Gamer for our review of the much-anticipated title when it (finally) comes out on January 29th.