12/05/2007: "Square Enix President: Sequels are Necessary"
RPGFan has posted a summary of a CNET Japan interview with Square Enix president Yoichi Wada. Among the topics discussed are the next-gen consoles, the potential of downloadable content, and Square Enix/Taito's position in Japan's game center business.
Of particular interest to Final Fantasy VII fans, given the Compilation of FFVII as well as fan pressure on the company to release an FFVII remake, is what Wada has to say regarding sequels and remakes of existing games:Wada disputed his interview partner's suggestion that Square Enix had recently released a lot of sequels and remakes, by saying both sequels to existing IPs and original games were necessary to grow the business. He explained 60% of Square Enix's profits came from existing IPs, whereas 40% were generated by original titles. He also refuted the common held perception that Square Enix was overly dependent on its flagship Final Fantasy and Dragon Quest series, saying they accounted for less than 50% of the profit. And while the company was trying to further reduce its dependence on these franchises, he remarked people kept asking about new installments of either series.
The entire summary may be read here.
Posted by Reeve at 09:53 AM EST